Stocks & Commodities V. 41:03 (14–15): Every Little Bit Helps by John F. Ehlers
Every Little Bit Helps by John F. Ehlers
It’s simple but makes a noticeable improvement: You can reduce noise in the data by using an average of the open and close instead of using only the closing price. Here’s how to do it.
Market data are sampled data. We technicians usually use the closing price of a bar to represent the sampled price for that bar. Sometimes the average of the high, low, and close is used to represent the sampled data for that bar ...
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