ClearPath Trader

Composite Index

Breadth/momentum hybrid (often associated with RSI divergence analysis) that can reveal internal weakness before price RSI does.

Category: Technical · Complexity: ★★★☆☆ (3/5)

Tags: technical, study-card, price

Study card — educational illustration only (no live overlay in Charts).

Composite Index chart illustration

Formula

Composite Index is computed from price, volume, breadth, or macro prints depending on class (Technical). See the description for the defining inputs.

How to read

Read Composite Index as a labeling tool: it describes a condition (trend, stretch, participation, or macro). Confirm with price structure, not the indicator alone. This entry is a study card — not every encyclopedia model has a live chart overlay.

Limitations

Composite Index can lag, repaint (some drawings), or stay extreme in trends. It is not financial advice and not a broker signal.

Typical settings

Use the author's original defaults first; change one parameter at a time.

Composite Index is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.

Browse the full indicator directory →