Syndicate

Home arrow Trading Chat arrow Help required
Help required E-mail
Monday, 28 July 2008
Dear Members

Can you clarify me with formulas how the following is calculated. When I plug in the previous day OHLC, I get the following results from a calculator.

1. OHLC: 409 - 423.95 - 402 - 416.20

Result: Sell = 432.15 / Buy = 406.35 / Stop Loss = 402.35

2. OHLC : 425 -425 - 403.15 - 409.55

Result: Sell = 420 / Buy = 401.25 / Stop Loss = 388.80

3. OHLC: 385.10 - 418 - 385.10 - 396

Result: Sell = 402.85 / Buy = 385.10 / Stop Loss = 385.10

When open and low is same , I find buy and SL becomes see the result.

I request members to explain me behind this math equation.

Regards

Udaya

Read more...
 
< Prev   Next >