:: urbansheep (urbansheep) wrote,
:: urbansheep

  • Music:

„Studying stock market charting software.“

Studying stock market charting software.
For traders, the concept of maximum and minimum is explained as "highest high" and "lowest low". A plot of these two is called "Donchian Channels". One price subtracted from another is called "Momentum".
Funny how little information is being packaged under a fancy name. These formulas are so trivial that they take less space than their description:

(P[t0..t1]),Min(P[t0..t1]) and P[t1]-P[t0]

It's pretty clear that people who are rely on these formulas to predict stock market are practicing numerology.

[ » ] Оригинал из ленты alexeilebedev.

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