OPEN-SOURCE SCRIPT
Effort vs Result with Std Dev
Summary Table:
Condition Effort-Result Ratio Interpretation
High Volume, Big Price Move Above +2 SD Strong move, efficient effort.
High Volume, Small Price Move Below Mean / -2 SD Weak move, possible exhaustion.
Low Volume, Big Price Move Above Mean / +2 SD Efficient effort, momentum strong.
Low Volume, Small Price Move Near Mean Market indecision, low activity.
Condition Effort-Result Ratio Interpretation
High Volume, Big Price Move Above +2 SD Strong move, efficient effort.
High Volume, Small Price Move Below Mean / -2 SD Weak move, possible exhaustion.
Low Volume, Big Price Move Above Mean / +2 SD Efficient effort, momentum strong.
Low Volume, Small Price Move Near Mean Market indecision, low activity.
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