Skew (Function)

The Skew function calculates the skewness of a distribution for a set of values.

Syntax

Skew(Price, Length)

Returns (Double)

A numeric value containing the skewness of a distribution.

Parameters

Name	Type	Description
Price	Numeric	Specifies which bar value (price, function, or formula) on which the skew will be based.
Length	Numeric	Sets the number of bars to use to build the distribution.

Remarks

Skewness characterizes the degree of asymmetry of a distribution around its mean. Positive skewness indicates a distribution with an asymmetric tail extending toward more positive values. Negative skewness indicates a distribution with an asymmetric tail extending toward more negative values.

Example

Assigns to Value1 the skew of the distribution of the closes of the last 100 bars you can write:

Value1 = Skew(Close, 100);