A Moving-Average Ratio Indicator Using High-Low and Open-Close Values

Summary

The document describes an indicator that calculates a ratio between two moving averages derived from high and low prices and from opening and closing prices over a selected period. It identifies a single input: the period used in the calculations. This provides a brief conceptual description of the indicator’s inputs and construction.

No formula, parameter guidance, interpretation of the resulting ratio, chart example, or trading application is included. The description therefore explains what price series the indicator uses but does not show how to turn its output into a signal or assess its performance. It is a minimal indicator reference rather than a complete strategy or empirical analysis.

Key ideas

• The indicator compares two moving averages constructed from different price values.
• One average uses high and low values, while the other uses open and close values.
• The user selects the calculation period as the indicator’s sole input.
• The document does not explain signal interpretation or report testing results.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.