Charting
and Historical Backtesting Software by Ashkon Technology LLC
Interpretation:
High values if volatility appearing in a short time frame show an
approaching bottom of the market.
A decrease in volatility over a long period of time shows an approaching
top of the market.
Calculation:
Parameters: n1,n2
- number of days
in other words HLAverage
is a an exponential moving average of the daily High/Low difference.
