Ok, I know this is an opinion post, but I have 2 questions:
1. which way do you prefer to calculate sr levels and
2. in the first one, is "range" H-L? The article I got it from didn't say.
A.
1. which way do you prefer to calculate sr levels and
2. in the first one, is "range" H-L? The article I got it from didn't say.
A.
- R4 = PP + RANGE*3
- R3 = PP + RANGE*2
- R2 = PP + RANGE
- R1 = 2 * PP - L
- PP = (H+L+C) / 3
- S1 = 2 * PP - H
- S2: PP - RANGE
- S3: PP - RANGE*2
- S4: PP - RANGE*3
B.
PP = (H + L + C) / 3
then
- R1 = (2*PP) - L
- R2 = PP + (H - L)
- R3 = H + 2*(PP-L)
- S1 = (2*PP) - H
- S2 = PP - (H - L)
- S3 = L - 2*(H - PP)