"What does the Synthetic Close really tell you? "
I think I explained what it tells us...
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- Mon Nov 11, 2013 12:07 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38765
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- Sat Nov 09, 2013 4:47 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38765
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I agree. I'm not a fan of offline charts, especially since they recalculate constantly. However, if someone is ALREADY using offline charts for PnF, period conversion, etc... Than there is very little additional processing. The code for doing what I described is very minimal and efficient (what make...
- Sat Nov 09, 2013 3:53 pm
- Forum: TheRumpledOne
- Topic: EVERYTHING That Is - That isn't
- Replies: 116
- Views: 52786
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- Sat Nov 09, 2013 3:29 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38765
- Gender:
I think this is one of those things where you either see that it's an improvement over traditional methods or ...maybe it's not for you. It's simple, either you favor closes based on arbitrary points in time or you favor something that more intelligently shows if the buyers/sellers are in control fo...
- Sat Nov 09, 2013 1:25 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38765
- Gender:
- Sat Nov 09, 2013 1:16 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38765
- Gender:
- Sat Nov 09, 2013 1:14 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38765
- Gender:
- Sat Nov 09, 2013 1:06 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38765
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Here is an example of the same chart...The only difference between the two charts is one chart has a synthetic close and the other has a normal close. I highlighted the same section on the chart so that you can see how much more smoother (less fake outs) the synthetic close is. Why? Because the synt...
- Fri Nov 08, 2013 10:39 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38765
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As for an example, it looks like a chart you are used to seeing. There is OHLC data. The HL is the same and the O is the same for continuity. The only thing that gets created differently is the C. All you do is take all the up/down ticks within some period and sort them in ascending/descending order...
- Fri Nov 08, 2013 10:32 pm
- Forum: TheRumpledOne
- Topic: WHY DO YOU USE INDICATORS THAT...
- Replies: 76
- Views: 38765
- Gender: