MetaStock™ Zone Forum & FAQ Artykuły Linki Elliott Waves EasyLanguage™ Zone

A B C D E F G H I J K L M N O P R S T U V W Y Z #

Chande's & Kroll's R2 Indicator
rev. 01/06/97

In their book "The New Technical Trader," Chande & Kroll introduce the r2 indicator. They state that "the primary use of r2 is as a confirming indicator"and that "it is a lagging indicator that shows the strength of the trend."


Chande's r2

Pwr(Corr(Cum( 1 ),C,14,0),2)

 


Chande's r2 Smoothed

Mov(Pwr(Corr(Cum( 1 ),C,14,0),2)*100,14,S)

 

e-w-Chande_Kroll_R2_Indicator.gif
For interpretation refer to Chande & Kroll's book, as stated above.
Source / From: TOP
http://www.guppytraders.com

Equis and MetaStock® and MetaStock Professional® are registered trademarks of Equis International. Achelis Binary Wave®, The DownLoader®,
Expert Advisor®, OptionScope®, Quotecenter® and Smart Charts® are trademarks of Equis International, a Thomson Reuters company.

TradeStation® Pro, TradeStation® 2000i, OptionStation®, SuperCharts®, PowerEditor® and EasyLanguage®
are registered trademarks of TradeStation Technologies, Inc. Other names and marks referred to are the property of their respective owners.

All information provided on this website is for educational purposes only. Trading involves risk, including possible loss of principal and other losses.

Ten i inne materiały na tej stronie zostały zamieszczone zostały jedynie w celach edukacyjnych, nie ponoszę żadnej odpowiedzialno¶ci za ich stosowanie.

Gra na giełdzie i rynkach walutowych (FOREX) niesie ze sob± ryzyko poważnych strat finansowych!