PROTECTED SOURCE SCRIPT
Bullish Inertia
Updated
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
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
Release Notes
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.