[DAOL] Trend Participation⏺️ What is it?
Trend Participation examines how price movement is distributed across bars within a rolling window.
It combines linear-regression direction, the proportion of supporting close changes, and concentration measurement to distinguish distributed movement from movement dominated by a few large bars.
🔹 Trend Direction — linear-regression slope, filtered using ATR
🔹 Supporting Bars — close changes moving in the identified direction
🔹 Concentration — how unevenly directional movement
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