Measures price distance from extremes.
Ranging closer to 0 means topping/bottoming (this can stay in this state for a long time), (price near extreme).
Can be used to peak trend reversals(will need to keep doing tests with it)
EXPERIMENTAL --> Use at your own risk.
calculation of extremes and price range for averaging movement.
while price is above market is rising, when bellow market is falling. also can discern strength from the gap of the averages.