Edited by selecto, 15 July 2007 - 10:22 PM.
Little help with arithmetic needed
Started by
selecto
, Jul 15 2007 10:14 PM
4 replies to this topic
#1
Posted 15 July 2007 - 10:14 PM
I'm trying to display a 20 day sma on a 5 minute Stockchart. I figure there are 78 x 5 minute periods in a trading day, so 78 x 20 (1560) seems like it should give me the result, but it doesn't as the 20 sma value I get on the daily, is different from the 1560 value I get on the 5.
I'm missing something very obvious no doubt.
PS: Is there a board somewhere that discusses Stockcharts tips and tricks?
#2
Posted 15 July 2007 - 10:31 PM
You have 78 times more data and the averages will obviously not match due to the intraday volatility, the daily is calculated only by the closing values. The difference should not be too big, perhaps a couple of points. I also doubt that stockcharts will allow you to see a 1560 data bar moving average...
#3
Posted 15 July 2007 - 10:39 PM
It looks to me like a 600sma is as high as Stockcharts will go on a 5 minute.
So you are seeing the 600sma.
Look at the Legends.
Edited by Rogerdodger, 15 July 2007 - 10:40 PM.
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
Posted 15 July 2007 - 10:59 PM
"PS: Is there a board somewhere that discusses Stockcharts tips and tricks?"
Yes there is http://investorshub....p?board_id=1277
Yes there is http://investorshub....p?board_id=1277
Edited by xe2dy, 15 July 2007 - 11:00 PM.
#5
Posted 15 July 2007 - 11:18 PM
Thanks, all. Looks like the most one cn get off the 5 is 500.