Sir if learned member can assist in puting their views over the term use in TA BRAKE OUT
wht is the price brake out , wht is volumn brake out ? can we club both of them for getting trade idea ? Can we make it in EXCELL throug EOD or And Intra day data pls help me out
Volume breakout out simply means high volumes in any stock say for example double volumes that what is normally traded on other days , but how to comput since we can not ccompare from just last day, because may be on last day volumes were low.
So we have to find out Average trading volumes first any criteria you take either 10 days trading volumes average of 15 days volumes average.
And when ever their is stock traded say double or more than this 15 days average trading volumes its called as Volumes break out.
Price break out is easy to understand and calculate , it up to how much break out u want it can be more than 4 % gain on prev .cloing price or more its ur choice .
Regarding combination of these 2 items , this is very commany application and includes in almost every software, as told in other trade of eodsoft downloaded that 999/- year software , even that have this application.
Some times it works and some times do not work sepending on market situation, but this analysis is good for BTST because these types of stocks normally fire in first few minutes of opening bell and after that they go down.
Just for some laughter :
now a days full form of BTST is Buy today sucide tomorrow
But TA breakout is different thing , it means breaking some technical resitance, may be some triangle or some dma-ema levels or may be something else
Regarding ur query of access file , please tell me what is ur colum details means its just same as End of day bhave copy or something extra so that i can coustomised according to that and can give in weekend before that it may not be possible for me .
Your query suggests that you are making an EOD software, man why are u creating so much competition for Sweta and Eodsoft. If every one will make then who will buy