The Average True Range is an indicator used to determine stock price volatility; it measures how much price moves on average over a given period. Welles Wilder introduced it in his book “New concepts in technical trading systems.
The Standard Deviation of Daily Price Returns is a statistical measure representing the volatility or risk in an instrument. It tells you how the daily price return can deviate from the historical mean.
The” range” forms the fabric of market structure as we know it. Being able to identify and use it within the daily-price context proves itself as a great tool.
YTD stands for “Year-To-Date” and refers to the period of time from the beginning of the current calendar year to the present date. It is used to track and measure the performance of investments, such as stocks, over the course of the year.
Learn how to use the 52-week range and current price relative to 52-week range metrics to evaluate the performance and volatility of stocks. This guide explains the calculation of the 52-week range and provides a formula for calculating the current price relative to this range in Google Sheets.
The Narrow Range 7 pattern arises when a price has the smallest range between high and low compared to the previous seven daily prices. Our comprehensive tutorial teaches how to identify this pattern using Google Sheets.
Learn how to identify the powerful ID-NR4 pattern using Google Sheets in this step-by-step tutorial. Enhance your trading strategy by combining Inside Day and Narrow Range 4 patterns, and unlock potential breakout opportunities with our easy-to-follow guide.
Learn about the Inside Day pattern and its application in trading using Google Sheets formulas. Learn how understanding the pattern and the surrounding price structure can assist in predicting market movements and seizing potential opportunities.
Looking to retrieve, organize, and manipulate data using Google Finance? This comprehensive guide is just what you need. Learn the essential techniques for requesting historical data from Google Finance.
Google Sheets includes the GOOGLE FINANCE function, which allows users to retrieve current stock prices, currency conversion rates, and historical data for securities directly into their spreadsheets. .