ibankcoin
24 posts
msg #154364
- Ignore ibankcoin |
10/18/2020 8:54:39 PM
Does anyone know of site that allows for you to scan for patterns on a weekly chart or anything on a weekly chart. Have visited most all of the well known ones and they only focus on the daily. Thanks.
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xarlor
587 posts
msg #154376
- Ignore xarlor |
10/19/2020 2:36:05 PM
From the usage guide:
Chart-Display
Chart-display is a very specific phrase that tells a chart to be converted to weekly mode. Like the other chart options, this does not affect screening results; instead it provides another way to draw the chart. By telling StockFetcher to place the chart in weekly mode, all of the plots, including price, are converted to the appropriate weekly values. Any measures or indicators that were a part of the screen are also converted to their weekly counterpart. As an example, below is a screen that looks for a 10 and 50 day moving average crossover.
Adding the phrase chart-display is weekly to this screen doesn’t affect the individual matches; however, it does convert our averages from 10 and 50 day to 10 and 50 week averages. The new example is:
While providing the ability to analyze weekly charts, this addition can be confusing when verifying that a particular condition occurred. Therefore, it is important to be careful when using weekly charts.
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graftonian
1,089 posts
msg #154384
- Ignore graftonian
modified |
10/19/2020 6:42:45 PM
As Desi Arnaz used to say "Splain it to me". What is the difference between "Weekly Average Price" and "Average Weekly Price". I don't know, but it does make a difference, in different contexts. I know I've gone awry when the labels on a draw plot read "Weekly weekly average"; Go figure. Out of frustration, in the past, I have used 5 days and stayed away from the weekly quagmire. The results have generally appeared reasonable. There, it's said, I feel betted now.
Graf
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