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Height Parameter

 

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The Height Paramater is an indication of the percent move within a specified time frame which is configurable between 10 and 29 minutes. In addition the Height Parameter has a directional component, whereby positive Heights indicate an upwards bias and negative Heights indicate a downward bias. For the following example, the time frame is assumed to be the default of 25 minutesThe percent move component is calculated by using lowest price and the highest price of the symbol within the 25 minute time frame. The directional component is determined by the slope of the 30 minute Moving Average Price and is either 1 or -1
Example



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