1–2 minutes
High-Low Index can be based on P&F Charts or even a Line Chart
Continue reading “Sentiment Indicator: High-Low Index, or New Highs-New Lows Ratio, or High-Low Range Index”
Sentiment Indicator: High-Low Index, or New Highs-New Lows Ratio, or High-Low Range Index
The High-Low Index, or New Highs-New Lows Ratio, or High-Low Range Index, is a technical analysis tool, a relatively simple but effective indicator, that can provide valuable insights into market dynamics and can be used to gauge the overall market sentiment and identify potential trend reversals or trend confirmations; this feature was introduced in October 2023
Continue reading “Sentiment Indicator: High-Low Index, or New Highs-New Lows Ratio, or High-Low Range Index”