IMCOT (integrated moving average convergence/divergence) is an oscillator that is used to identify overbought and oversold conditions in a security. IMCOT is calculated by taking a moving average of the difference between two exponential moving averages (EMAs). The first EMA is calculated using the closing prices of the security over a given period of time, while the second EMA is calculated using the closing prices of the security over a shorter period of time. The shorter period of time is typically set to be one-half the length of the longer period of time.
IMCOT can be used in Excel by creating a custom formula. The formula for IMCOT is:
IMCOT = (EMA(CLOSE,short period) - EMA(CLOSE,long period)) / (EMA(CLOSE,long period) - EMA(CLOSE,short period))
where "short period" is the shorter period of time used to calculate the second EMA and "long period" is the longer period of time used to calculate the first EMA.
IMCOT is the Inverse Matrix Cosine of a matrix. The syntax is as follows:
Where "matrix" is the matrix you want to find the inverse cosine of, and "inverse" is the inverse matrix.
IMCOT is short for "Independent Multivariate Covariance Test." It is a statistical technique used to test the significance of the association between two or more sets of variables. In Excel, you can use the IMCOT function to calculate the IMCOT statistic for a given data set. The function takes two input arguments: the first is a reference to the first data set, and the second is a reference to the second data set. The function then calculates the IMCOT statistic for the two data sets and returns a value of either 0 or 1. A value of 0 indicates that there is no significant association between the two data sets, while a value of 1 indicates that there is a significant association between the two data sets.
IMCOT should not be used in Excel when you want to calculate the cumulative sum of a series of numbers. This is because Excel's IMCOT function calculates the cumulative product of a series of numbers.
There are a few similar formulae to IMCOT in Excel. The most similar is the "product" function, which is written as "=PRODUCT(A1,A2,...)". This function multiplies the values in the cells that you specify. Another similar function is the "sum" function, which is written as "=SUM(A1,A2,...)". This function adds the values in the cells that you specify.