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PpSIgnal Random Walk Index
Random walk theory suggests that changes in stock prices have the same distribution and are independent of each other. Random walk theory infers that the past movement or trend of a stock price or market cannot be used to predict its future movement.
investopedia.com/terms/r/randomwalktheory.asp
investopedia.com/terms/r/randomwalktheory.asp
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Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.