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Date/Time: Mon, 20 May 2024 19:50:09 +0000



Post From: Looking for an indicator based on Kinetic Energy

[2014-04-27 13:23:22]
User31737 - Posts: 73
isn't this the formula?

Energy line is calculated similar to kinetic energy in physics: E = (mv^2)/2. Tick volumes (money stock) are used as mass, while price rate of change (ROC) is used as velocity.

Energy direction (positive or negative) is defined by ROC direction.

where m=tick volume,and v=ROC