pls Help on this Tirone adjusted mean Levels??

E

essemkay

Member
#1
#1
adj mean formula
(HH+LL+C)/3

i attached axis bank chart its H,L C are

1484.25+1425+1433.05
the level is 1447.43

But in the below axis bank chart it shows 1460.62:confused:

Why this diff??
 
R

rkkarnani

Well-Known Member
#2
#2
essemkay said:
adj mean formula
(HH+LL+C)/3

i attached axis bank chart its H,L C are

1484.25+1425+1433.05
the level is 1447.43

But in the below axis bank chart it shows 1460.62:confused:

Why this diff??
Click to expand...
You have missed to attach the chart ! :p For which date was the chart ! Seems it was for 14th Feb, In my EOD chart on applying (H+L+C)/3 I am getting correct value of 1447.43 !
 
saivenkat

saivenkat

Well-Known Member
#3
#3
rkkarnani said:
You have missed to attach the chart ! :p For which date was the chart !
Click to expand...
In another thread on this same subject.. he missed the formula ( commented by Johnnypareek bro..)

And in Another thread.. again on this same subject.. he mis-spelt the indicator name.. and the same corrected by Anant bro..

Now my question.. why to start so many threads.. :mad:n a subject ..
 
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