| Welcome Guest, please sign in to participate in a discussion. | Search | Active Topics | |
Registered User
Joined: 12/5/2008
Posts: 81
|
For those of us who can just discard all stock data for 5/6/2010 (Open, High, Low, Close, Volume), is this the best solution for calculating the most recent 10-day or 30-day ATRs?
|
|
Registered User
Joined: 12/5/2008
Posts: 81
|
QUOTE (Tootsie) For those of us who can just discard all stock data for 5/6/2010 (Open, High, Low, Close, Volume), is this the best solution for calculating the most recent 10-day or 30-day ATRs?
Telechart moderators, please advise here.
|
|
Registered User
Joined: 1/28/2005
Posts: 6,049
|
It is what it is.
What the heck do you think happened in the crash of 1987?
If you dont like the number you get make up your own.
Worden doesnt make up the stock data. It comes from the exchanges.
Thanks
diceman
|
|
Registered User
Joined: 12/5/2008
Posts: 81
|
QUOTE (diceman) It is what it is.
What the heck do you think happened in the crash of 1987?
If you dont like the number you get make up your own.
Worden doesnt make up the stock data. It comes from the exchanges.
Thanks
diceman
Are you sure worden is not doing its own calculations right now?
The changes they are making are different in many cases from the yahoo quotes.
And, I don't think the exchanges have totally settled on how many more stocks will need adjusting just yet. The final decisions may not be decided and done until later next week for all I know.
So, I was just wondering if it would bettter to exclude 5/6/10 data until everything is settled and then put the data back in afterwards?
|
|
Registered User
Joined: 12/5/2008
Posts: 81
|
Well, since Worden has not responded to my last question, I went ahead and ran my own test.
I compared results of various stock data calculation both with the 5/6/10 data in place as well as with its total removal. And, I must conclude that I feel safer using the data totally void of 5/6/10.
So, when all the dust is settled and the final lows are updated (whenever that will be) then that is when I will put the 5/6/10 data back in. But, not before.
|
|
Registered User
Joined: 7/24/2005
Posts: 48
|
Tootsie
How are you eliminating this data from the Worden data?
Frank
|
|
Registered User
Joined: 1/28/2005
Posts: 6,049
|
"Are you sure worden is not doing its own calculations right now?"
==========================================
Obviously I've never investigated it but
I believe the data is purchased from a vendor.
The actual stock exchanges have to determine what's real.
(for example I heard that they will let PG trade data stand)
Then the data vendor will clear up whatever is deemed
necessary.
(which still may not be what you like becasue they use a
very long ruler to measure)
Thanks
diceman
|
|
Registered User
Joined: 12/5/2008
Posts: 81
|
QUOTE (Frankp999)
Tootsie
How are you eliminating this data from the Worden data?
Frank
Frank,
I use the export to text feature in telechart to download text files of historical data for open, high, low , close, volume for each stock symbol. I am then able to write my own proprietary programs to manipulate these historical data files. I wrote a program utility to eliminate as many days of data from each file as I would like to see done. After the files have been manipulated in this way, I can then have my software load the days that I want to put back in. I can tell the program not to put 5/6/10 back into the files.
Then I can run other programs to perform scans on the files much like you do with the telechart personal criteria formulas. I don't use pcf's. I just use telechart's export to text feature to build historical files for each stock and then I use my own programs to do scans and file manipulations.
|
|
Registered User
Joined: 12/5/2008
Posts: 81
|
QUOTE (diceman)
"Are you sure worden is not doing its own calculations right now?"
==========================================
Obviously I've never investigated it but
I believe the data is purchased from a vendor.
The actual stock exchanges have to determine what's real.
(for example I heard that they will let PG trade data stand)
Then the data vendor will clear up whatever is deemed
necessary.
(which still may not be what you like becasue they use a
very long ruler to measure)
Thanks
diceman
So, what about yahoo? Are they not purchasing from a vendor who gets their data from the exchanges?
If so, why would their data be inconsistent with Wordens?
Besides, StockGuy said they were working to correct the low price discrepancies but were not finished with everything yet. This sounds (to me) like they are making manual changes. But, I don't know what they are doing really because they won't respond here to my post.
Personally, I would advise them to do what I did and just remove 5/6/10 data totally until everything is sorted out by the exchanges. Because this is really messing up there chart data. They've got, for instance, 5/6/10 highs and lows posted with 5/7/10 closing prices above each daily stock chart.
What's up with that?
|
|
Registered User
Joined: 7/1/2008
Posts: 889
|
last thurday screwed up the scale of many charts... now because of the giant one day swing, the rest of the recent trading pattern is more tightly compresssed on the screen
|
|
|
Guest-1 |