The Dow factor is the effect of the , which determines the relationship between and price, on the existing indicators.
With these codes we are able to integrate them numerically into the indicators.
For more information on the Dow factor, please see my indicator:
This code is open source under the MIT license. ( https://github.com/user-Noldo )
My dow factor updates will continue.We adapted the indicators and saw successful results, now it is time to examine and develop the factor itself.
Stay tuned , best regards.
The index factor in the Dow theory was taken into account .
It now takes into account the effect of volume and index - independent variable, the price(source-close) - dependent variable.
Before starting the analysis, select the relevant market from the menu, the system will set the appropriate index itself.
Factor loads were adjusted.