Trend Power Index [Fournier-Eaton]
描述
⋅ Trend Power Index measures the power of a given trend relative to its past strength.
- Increasing values indicate strengthening of an upward trend or weakening of a downward trend
- Decreasing values indicate strengthening of a downward trend or weakening of an upward trend.
- Crossing zero is a confirmation of trend initiation in the respective direction
Note: Parameters may be changed to account for low cycle times and high volatility
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