PALS®
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Price Adjusting Line Simple method
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Now you can be much more mobile with
your stocks, forex, futures or mutual funds investments. After closing bell you
can type today's close and this powerOne
Finance calculator template reckons the value of 9-days simple Price Adjusting
Line and then compares that one with today close number. In this way the buy /
sell Signal will be generated. Input the very last value of close price after
closing bell and this templates will inform you what market decissions will be
waiting for you after the breakfast on next day. Buy when Signal=1 and sell
when Signal=-1. 9 days PAL® was thought
for locals, specs and big gamblers. If you have a professional technical analysis
software on your PC then you can optimize the best period for PAL® in case of your financial instrument prefered and
then rebuild this template by adding closing price rows and using this equation
below :
Signal=sign(TodayClose-(((Close1+Close2+...+CloseN)/N)+(TodayClose-YesterdayClose)))*1
where TodayClose is always one of
Close1...CloseN value.
In case you will prefer Delta i.e. a
linear percent deviation of TodayClose to PAL's value then you can copy and
paste this formula[1]
:
Delta=100*(TodayClose-(((Close1+Close2+...+CloseN)/N)+(TodayClose-YesterdayClose)))*1
)/((Close1+Close2+...+CloseN)/N+(TodayClose
-YesterdayClose))[2]
Now you are much more mobile. Check
my other trading system and my option value model for powerOne Finance
calculator under www.ascot.pl
For interactive PAL® calculator go to PAL
Calc®
Example chart below :
kind
regards
Marcin Zak
<>
FAQ ascot@ascot.pl
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