| StockFetcher Forums · Filter Exchange · Extending/extrapolating Day Position below 0 and above 1 | << >>Post Follow-up |
| styliten 294 posts msg #158833 - Ignore styliten modified |
3/18/2022 10:06:14 PM In the following sample code, the black lines/band are day positions from 0.07 to 0.93 (smoothed) in 0.075 increment with the center region blackened (day positions 0.435 to 0.565 using 0.005 increment); the outer blue bands (both upper and lower) are day positions from 0.00 to 0.07 for lower bound and day positions from 0.93 to 1.00 for upper bound in 0.005 increment. The extrapolated day position bands are red, showing day positions ranging from -0.175 to -0.250 and and 1.175 to 1.250. |
| Cheese 1,374 posts msg #158834 - Ignore Cheese |
3/19/2022 12:32:45 PM https://www.stockfetcher.com/forums/Filter-Exchange/Extending-extrapolating-Day-Position-below-0-and-above-1/158833 styliten modified 3/18/2022 10:06:14 PM =========================================== @styliten Interesting. Thank you, sty. I have some questions on how to use your creation. In the example below. the bands narrow for USA and Poland, but remain wide for Europe and EuroZone. They widen for China. What does that mean ? e.g. less volatility for USA and Poland, still volatile for Europe and EuroZone, more downside for China? Data for Russia are temporarily no longer available. 🇺🇦Slava Ukraini! 🇺🇦 |
| styliten 294 posts msg #158841 - Ignore styliten modified |
3/19/2022 11:29:26 PM @ Cheese: I have some questions on how to use your creation. In the example below. the bands narrow for USA and Poland, but remain wide for Europe and EuroZone. They widen for China. What does that mean ? e.g. less volatility for USA and Poland, still volatile for Europe and EuroZone, more downside for China? This “creation" is just another way of getting some visual clues about price levels corresponding to "oversold", "overbought" OVER TIME. Specifically, if you'd like, you can view all of the followings as significant resistance/support price levels: 1. Lower red band 2. Lower blue band 3. Median black band (the neutral price level) 4. Upper blue band 5. Upper red band The lowest to the highest red bands (together with everything in between) form some kind of price bubble--the size, shape, orientation and/or duration of which varies depending on recent (and near future) price levels/volatility of any given ticker symbol. On a day where close moves up more than 2 or 3% above open, the candle itself could well have crossed above any of the 5 price levels above, and that could be an entry point worth considering. Bubbles come, bubbles go, no two bubbles are exactly the same. |
| Cheese 1,374 posts msg #158842 - Ignore Cheese |
3/19/2022 11:34:27 PM https://www.stockfetcher.com/forums/Filter-Exchange/Extending-extrapolating-Day-Position-below-0-and-above-1/158833 =============================== THANK YOU VERY MUCH, sty ! |
| styliten 294 posts msg #158843 - Ignore styliten |
3/19/2022 11:46:06 PM cf. NKE on 3/16/22:  On the bigger chart, you can view 1 year history. Unlike the moving averages, which could deviate quite a lot from actual price levels for extended period of time, the bubbles do center around the price moves. |
| StockFetcher Forums · Filter Exchange · Extending/extrapolating Day Position below 0 and above 1 | << >>Post Follow-up |