OPEN-SOURCE SCRIPT

Damping Index

4 301
This indicator was originally developed by Curtis McKallip Jr. (Stocks & Commodities, V.10:7 (296-299): "The Damping Index").

It indentifies bars where the highs and lows are getting close and closer. A high Damping Index value means that the difference between the high price and low price is becoming lower and the security price is reaching equilibrium. A low Damping Index value means that the difference between the high and low prices is increasing.

Good luck and happy trading!

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。