Encompassed Previous Period. It is the percentage of the time the “period ending” tagged or exceeded both the previous period’s high and low. In other words, the current “period ending” bar is higher and lower than the previous bar.
Encompassed Previous Period. It is the percentage of the time the “period ending” tagged or exceeded both the previous period’s high and low. In other words, the current “period ending” bar is higher and lower than the previous bar.