Decision Sciences
3 years ago

New Indicator 'Stock Power' Revolutionizes Profitable Stock Trading Signals!

Gyan Management
Stock Market Variability and Trading: 'Stock Power' a New Indicator for Profitable Trading
A.K.Mittal And Vimal K. Aggarwal

Paper Summary

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Stock market players often use technical indicators to track stock movements and make trading decisions. However, existing indicators focus only on stock prices, not trading volume. A new indicator called STOCK POWER (SP) has been developed to consider both stock price variability and trading volume. Testing on various securities showed that the SP indicator provides reliable buying and selling signals.