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Kevin,
Please, help me to understand the meaning of the
variables in the formula:
Ct=Close today,
Ct-n=Close n periods ago
St=standard deviation
n=period
Then, on the next formula St is the standard deviation
of an square root, where again we have natural log,
and,
Ct-i= this is the Close today minus i or the Close in
a period i?
Ct-i-1=as above minus 1 or L?
Xt is the average of the natural log.
Now, what is it "i"?
And also when you see in the Sum i goes: i=0 to i<n,
how smaller than n?
May it be "i" some kind of factor?
Thanks,
Sorry, but I haven't read the book.
Carlos.
=
--- Kevin <kevin_barry@xxxxxxxxxxxxxx> wrote:
> Hello Carlos,
>
> Here is the link:
>
>
http://www.technical-newsletter.de/docs/chande_0402.html
>
> The formula on this site and the one that Chande
> gives in his book are
> quite different. The one in the book looks a little
> too simple to do the
> job and the resulting plot does not correspond with
> his chart example.
>
> Thanks for looking at this.
>
> Regards,
> Kevin
>
> At 16:51 05/11/2003 -0800, you wrote:
> >
> >Hi Kevin,
> >
> >I plotted yours and mine and both look similar.
> >
> >I searched with Google and the only german page I
> get
> >does not give me any formula.
> >
> >Cheers,
> >
> >Carlos.
> >=
> >
> >
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