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Psychological Line

by srishail, 904 days ago
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Before using please read every thing ,
http://a.imagehost.org/0369/petronet.jpg
psychological line , this deals with, people resist paying more for a stock than others unless the stock continues to move up. People resist selling a stock for less than the price others have been getting for it unless the price continues to decline. People who purchase the stock at the top of a trading range have a strong inclination to wait until the price comes back before they get out.
Here you can creat watchlist at different numbers ,and you will also get trading indicator.for that just copy the below thing and paste it in edit formula section.
N = 14;
a = SUM(CLOSE>REF(CLOSE,1),n)/n*100;
Plot(a, "psy", colorblack, ChartSmoothLine, StyleOwnScale);
Here just change the number of days in" N" as per your need.


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Type: Watch List

Object ID: 851


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