Binary CDD

Binary CDD describes whether Supply-Adjusted CDD on any given day was above or below the historical average.

Indicator Overview

Binary CDD describes whether Supply-Adjusted CDD on any given day was above or below the historical average. In general, it shows whether longer-term market participants are entering or exiting the market.

How is it measured?

Binary CDD is calculated by measuring the average CDD over time (for all past days), and calculating whether the CDD on any given day is higher or lower than this number. Above-average CDD receives a value of 1, while below-average CDD receives a value of 0.

About

Created By

Hans Hauge

Date Created

May 2019

Further Resources

Hans Hauge - Introducing Binary Adjusted BDD