Ulcer IndexThis indicator was described by Peter G. Martin and Byron B. McCann in their book "The Investor's Guide to Fidelity Funds" (1989).
Indikator Pine Script®
Ulcer Index (UI)
Dual Ulcer Divergence Index [DW]This study is an experimental variation of Peter Martin's Ulcer Index built using the framework of my Dual Ulcer Index indicator.
In this version, the difference between the long and short UI is calculated.
This index is a measure of volatility and momentum that can be used to locate low risk trading opportunities.
Indikator Pine Script®
Dual Ulcer Index [DW]This study is an experimental variation of Peter Martin's Ulcer Index that calculates the risk measures in the long and short direction for comparison.
The index is a measure of volatility that can be used to locate low risk trading opportunities.
Indikator Pine Script®
