Bullish Inertia

The Bullish Inertia is an indicator that measures the strength of an asset with respect to its volatility, calculated as:

Strength / Volatility = Bullish Inertia (BI)

Parameters:
Len1 = Length of ROC1
Len2 = Length of ROC2
Len3 = Length of the ATR

//Spanish
La inercia alcista es un indicador que mide la fortaleza de un activo respecto a su volatilidad, calculado como:

Fortaleza / Volatilidad = Inercia Alcista (IA)

Parametros:
Len1 = Longitud de ROC1
Len2 = Longitud del ROC2
Len3 = Longitud del ATR

Versionshinweise:

This is the development of the Bullish Inertia indicator, used by Javier Alfayate.

It is calculated using the sum of two ROCs and diluting by the volatility.