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DV Bounded - DV2/DVB

by clonex, 4448 days ago
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DV Bounded (DVB) - The DV Bounded is also known otherwise as the "DV2" and was created by David Varadi to capture the normalized relative close. The "DV2" version of the DV Bounded represents the 2-period average of the relative close to the high-to-low range. The "bounded" portion represents the normalization using a percentile rank function to re-scale the indicator on the basis of the historical distribution of values.

http://dvindicators.cssanalytics.com/product/indicator-glossary/










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Type: Trading Indicator

Object ID: 1106


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