CIPP

Closed Inside Previous Period. It is the percentage of time the period tagged the previous period’s high or low and perhaps exceeded the previous period’s high or low and ended up closing within the previous period’s range  The difference between the InsidePP and CIPP statistics is that the InsidePP never goes outside of the prior bar and CIPP goes outside but then closes inside.

Leave a Reply

Your email address will not be published. Required fields are marked *