Random Walk Index

Compares how far price actually travelled against how far a random walk would drift. Readings above 1 mark non-random, trending movement; the greater line names the side in control.

Live Demo

Pick a market regime to see how Random Walk Index(14) reacts:

Usage

import {RandomWalkIndex} from 'trading-signals';
 
// RandomWalkIndex yields results once 15 inputs have been added
const randomWalkIndex = new RandomWalkIndex(14);