Library "L_Trade_Boundaries"
Trade Boundaries suggest a strength of the security with respect to previous lows. The "L" implies library, and the trade boundaries implies it could be utilized for price strengths. Though, this should not be used as a single parameter to trade wildly. This library can be imported to a custom indicator to utilized the custom...
Definition
Have you ever wonder whether if the stock/index/market is "bearish" ? A Bearish Market Indicator (B.M.I) is not a new concept, the definition is simply 20% lower from the recent (term: short-term, recent: usually within a year, a.k.a 1 year) highs (closing price with in the recent period or within in a year or simply a 52-Week High). It is called...
