Hi All !
I want to start the analysis of Stocks & Indices.But for that matter,I'll require the guidelines for the time frame to be set for the indicators like moving averges,R.S.I. etc. If my holding period is say 1 week then,Can I use daily chart & put period as 7 in moving averages & R.S.I.,I think it will provide better results.This is because ON weekly chart,if I put period as 1 on moving average then I think avarage will not be proper.Also R.S.I won't come.
Like wise can I use the the number of weeks for monthly analysis & number of months for yearly analysis.
Please help me about the same.Also it would be of great help,If you let me know the free software available on the net containing E.O.D. historical charts & link for downloading the data.
Thanking you.
I want to start the analysis of Stocks & Indices.But for that matter,I'll require the guidelines for the time frame to be set for the indicators like moving averges,R.S.I. etc. If my holding period is say 1 week then,Can I use daily chart & put period as 7 in moving averages & R.S.I.,I think it will provide better results.This is because ON weekly chart,if I put period as 1 on moving average then I think avarage will not be proper.Also R.S.I won't come.
Like wise can I use the the number of weeks for monthly analysis & number of months for yearly analysis.
Please help me about the same.Also it would be of great help,If you let me know the free software available on the net containing E.O.D. historical charts & link for downloading the data.
Thanking you.
