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TulipCharts / tulipindicators

Technical Analysis Indicator Function Library in C
https://tulipindicators.org/
GNU Lesser General Public License v3.0
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Market Meanness Index #100

Open jayMcBee opened 4 years ago

jayMcBee commented 4 years ago

"The Market Meanness Index tells whether the market is currently moving in or out of a “trending” regime"

It measures serial correlation of price data: The more trending the market becomes (little price change), the more the MMI decreases

Details: https://financial-hacker.com/the-market-meanness-index/

gcaplan commented 3 years ago

+1 for this request. The author is a seasoned quant and is claiming excellent results. It's one of the more interesting of recent innovations and is based on a sound and simple statistical principle. It's also only relatively trivial to code.