Discussion in 'Technical Analysis' started by SatMir, Sep 4, 2012.
Hi to All!
if you were to break the Price Bar into percentiles,what that numbers would be?
Satan's Helper does not like the sound of this...
sure you don`t,as your days are numbered.
The percentile of the Close would probably be 100*(Close-Low)/(High-Low) - but for what purpose would you need that???
For e.g.,5min bar contains 300 sec.How would you break those second down into %,from the opening of the bar to its close?
percentage equals: number of seconds divided by 300 multiply by 100.
eg 75 seconds = 75/300*100=25%
Likewise if you wish to know how much percentage a small piece of a bar is.
partial length of bar divided by full length of bar times 100 equals the percentage.
Not quiet, 75 sec could be 80% of a bar.
oh, so, 75 seconds of 5 minutes equals 80%.....?
could possibly be,but either could not.
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