Description
This indicator is an auxiliary indicator of the rate of change between the last closing price and the current closing price, or the rate of change between the previous closing price and the current market price, depending on the option.
interpretation
This indicator utilizes average regression, which compares the average rate of change over the last n days with the current rate of change to help determine whether the current stock price movement is excessive.
If there is a rate of change that exceeds the average rate of change in the box, this can be interpreted as a signal for a change in trend.
precautions
This indicator does not predict stock price movements.
* These indicators are open for use by anyone.
Thank you.
This indicator is an auxiliary indicator of the rate of change between the last closing price and the current closing price, or the rate of change between the previous closing price and the current market price, depending on the option.
interpretation
This indicator utilizes average regression, which compares the average rate of change over the last n days with the current rate of change to help determine whether the current stock price movement is excessive.
If there is a rate of change that exceeds the average rate of change in the box, this can be interpreted as a signal for a change in trend.
precautions
This indicator does not predict stock price movements.
* These indicators are open for use by anyone.
Thank you.
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Invite Only scripts contact : telegram @yong9205
telegram: t.me/mbylab_official
Invite Only scripts contact : telegram @yong9205