- Katılım
- 23 Eki 2020
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Chande's Target Price
A:=Mov(Abs(C-Ref(C,-1)),10,S);
TPH1:=C+A;
TPH2:=C+(2*A);
TPL1:=C-A;
TPL2:=C-(2*A);
TPH1;
TPH2;
TPL1;
TPL2;
A:=Mov(Abs(C-Ref(C,-1)),10,S);
TPH1:=C+A;
TPH2:=C+(2*A);
TPL1:=C-A;
TPL2:=C-(2*A);
TPH1;
TPH2;
TPL1;
TPL2;
Owen Davies wrote: Am I missing something, or does the following formula for Tushar Chande's target prices, pulled from www.guppytraders.com, forcast today's high and low only after today's close? A:=Mov(Abs(C-Ref(C,-1)),10,S); TPH1:=C+A; TPH2:=C+(2*A); TPL1:=C-A; TPL2:=C-(2*A); TPH1; TPH2; TPL1; Somehow, I don't think that's what Chande had in mind. Owen Davies Re: Tushar Chande's target prices -------------------------------------------------------------------------------- To: metastock@xxxxxxxxxxxxx Subject: Re: Tushar Chande's target prices From: HHP <hhp@xxxxxxxx> Date: Thu, 16 Dec 1999 12:10:11 -0800 References: <002b01bf47db$0e285f40$0a637dc7@xxxxxx> Reply-To: metastock@xxxxxxxxxxxxx Sender: owner-metastock@xxxxxxxxxxxxx -------------------------------------------------------------------------------- Owen, A:=Mov(Abs(C-Ref(C,-1)),10,S); This is a ten-day SMA of the day-to-day net change in closing prices, soI would take TPH1 and TPL1 as indicating the probable range of the next day's close; TPH2 and TPL2 might indicate the extreme range and could be used as an entry point in the desired direction or a stop in the undesired direction. Could you give a reference for Chande? The web page is that of theISP; something additional is needed. HHP | |
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