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A measurement of how far each technical indicator is above a certain threshold?
I'd like to take a measurement of how far a certain set of indicators are above or below a specified threshold (different for each one) and abstract that to a measure of intensity (positive or negative). Does anyone know what this would be called? I can't start googling how to do it, until I know what it is I'm trying to do.
Can you help answer these questions from other members on NexusFi?