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daytradingES wrote:HI!
I'd like to poll all the bright lights out their (that is all of you since you visit Cobra's!) and get your
HELP
with something.
Background:
I collect data for each trading day including H/L/O/C
In one of my spreadsheets this data is summed for the week : so open for the week (Monday's open), the high of the week (HOW), the low of the week (LOW) and the close of the week (Friday's close).
Now it occurred to me that I could also compute the minimum high of five days (LHW), and the maximum low of the five days (HLW).
Now I think that the spread between the LHW and HLW compared to the the spread between the HOW and LOW, when taken in conjunction with the O to C will be predictive of next week.
But I'm not sure how
Any ideas?
Attached is a chart prior to last week
(the chart has o/n lines at the beginning of each day just ignore those orange boxed points Mon and Tues shown - ditto Wed. Thurs, Fri)
BullBear52x wrote:daytradingES wrote:HI!
I'd like to poll all the bright lights out their (that is all of you since you visit Cobra's!) and get your
HELP
with something.
Background:
I collect data for each trading day including H/L/O/C
In one of my spreadsheets this data is summed for the week : so open for the week (Monday's open), the high of the week (HOW), the low of the week (LOW) and the close of the week (Friday's close).
Now it occurred to me that I could also compute the minimum high of five days (LHW), and the maximum low of the five days (HLW).
Now I think that the spread between the LHW and HLW compared to the the spread between the HOW and LOW, when taken in conjunction with the O to C will be predictive of next week.
But I'm not sure how
Any ideas?
Attached is a chart prior to last week
(the chart has o/n lines at the beginning of each day just ignore those orange boxed points Mon and Tues shown - ditto Wed. Thurs, Fri)
How do you use the average of numbers as a predictive? some sort of special derivative or standard? just curious.
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