Herrick Payoff Index
The Herrick Payoff Index (HPI) is an indicator used to analyze price, volume, and open interest in futures markets. It helps traders assess the strength of a trend. Integrating Amibroker data feeds with HPI analysis ensures traders have access to crucial market information, aiding in accurate trend evaluation and decision-making.
/_SECTION_BEGIN("Price");
SetChartOptions(0,chartShowArrows|chartShowDates);
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( C, "Close", ParamColor("Color", colorDefault ), styleNoTitle | ParamStyle("Style") | GetPriceStyle() );
_SECTION_END();