Hui-Heubel Liquidity Ratio
The Hui-Heubel Liquidity Ratio (lhh) is a measurement of market resiliency and liquidity. Higher values indicate a more liquid and resilient market, lower values indicate a more fragile market susceptible to volatile moves. It does not work on all tickers (for example, if something does not report volume).
Generally, you will see lhh rise when stocks sell off and fall when they are bought. Occasionally you will see scenarios where price will go up while lhh does as well, often this is a symptom of short covering.
Includes two configurable SMAs and a configurable lookback window.
Generally, you will see lhh rise when stocks sell off and fall when they are bought. Occasionally you will see scenarios where price will go up while lhh does as well, often this is a symptom of short covering.
Includes two configurable SMAs and a configurable lookback window.
릴리즈 노트:
Version 1.2
- Updated MA lengths to correspond with default ELMo settings
- Added fill colors
릴리즈 노트:
Bump version to match ELMo. No changes.
릴리즈 노트:
Update fill colors, function syntax
릴리즈 노트:
Update image
릴리즈 노트:
Visual updates.
- LHH line made larger
- Conditional coloring of SMA lines
- Update fill colors