PB
It is average of 20 opens less average of 20 closes.
Obviously you want to see a positive figure except when it gets extreme from a bullish viewpoint.
I wrote it many moons ago and decided on 20 periods I guess through some back testing.
I have actually messed with dynamic averages at times where you let the volatility adjust the period.
I haven't with this and sure, have a play and you may do better.
- Forums
- ASX - By Stock
- XJO
- 1000 uses for a dead spi bear wednesday
1000 uses for a dead spi bear wednesday, page-99
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add XJO (ASX) to my watchlist
|
|||||
Last
8,017.6 |
Change
58.300(0.73%) |
Mkt cap ! n/a |
Open | High | Low |
7,959.3 | 8,037.3 | 7,959.3 |
Featured News
XJO (ASX) Chart |
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online