Priyanvada's chit chat home ...

[prasadam]

The True Range indicator is the greatest of the following:
1)current high less the current low.
2)the absolute value of the current high less the previous close.
3)the absolute value of the current low less the previous close.

If you observe the above definition, value as per point 3 will always less than value as per point 2 in a bullish trend and the reverse in case of bearish trend.

so, the definition should be

the greatest of 1 & (2 or 3)

.

and if we observe condition (2 or 3) being greater happens because of gap openings and also the market continuing in the same direction. my observation of the charts gave me confidence to exclude point (2 or 3), so, for the time being let us stick to point one only.

 

[prasadam]

what you have calculated is daily TR

and then totalled them for on month and divided it by no. of days in that month i.e., averaged the daily TR's.

=> found out ATR in the month of Jan etc.,

instead if you calculate the average of past 14 days it is ATR14, or average of past 20 days it is ATR20

which we can also call as trailing ATR.

No prasadam, I have calculated AIR (Average Intraday Range?!) and Not ATR ...

 

[Dev Mookerji]

duplicate enty . deleted.

 

[Dev Mookerji]

She is Some unknown lost girl ... If you find her then report in Police Station!

Any prize announced from heir presumptive or police

I pray someday all guys here get the ability to read the spelling of my name correctly and also type it coorectly...

Oh sorry !!!

Please accept my namby-pamby apology.

 

[prasadam]

A small suggestion.

while discussing with somebody, please stop editing the post, because he/she may miss the point.

you can edit the posts which are not part of a discussion or when the other person is offline and most probably this post does not miss his/her attention.

cheers.

 

[priyanvada]

Ok Fine...

So Todays Inputs...

Trading Capital==> 1429.59
Exposure ==> 8577.54
:thumb:

RPL intial 26Rs. Loss and next shorting 52 Rs. Profit! ... Jay Ho!!

 

[priyanvada]

there has been another friendly call from a friend ..

Selan Exploration Technology Ltd. @ 303-305 with 500 target in 1 and 1/2 months ....

...comments are always welcome!

 

[Capricorn]

Why don't you have a go at analyzing this one. Put up a chart.

 

[priyanvada]

... Yess Sir!

 

[SavantGarde]

Cash Market Traders Stay Away From Intraday Trading Till Thursday

SavantGarde