Hearst index - page 28
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I'm getting some kind of bullshit here.
We take 0.5, we take the period in ticks, then the size of the candle should be proportional to the root of the tick volume. Right?
But the statistics shows that the value of the candle is proportional to the tick volume?
Average value of tick volume at a certain time of day (for each minute)
Average value of tick volume at a certain time of day (for each minute)
Their ratio
Interesting results. Quite plausible, by the way.
They are not plausible, they are 100% accurate(ignoring the errors in the quotes)
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Would you like me to write a poem...
Lisa, you're unparalleled as an analyst (no smiley face)
Do you want me to write a poem...
Oh, I want a lot of things today) But my mother said to go to bed)
write...
Rorschach, I don't understand how the data was collected. In one 24-hour period - or by significant history? But that is not even the point.
One should not compare minutes with each other, but candles of different periods. Let's say, one hour candle versus one minute candle, if you want to check it. The ratio of the average one-hour candle to the average one-minute candle should be about 8, not 60.
Tick volumes have nothing to do with it at all.
P.S. The proportionality of the candlestick size to the tick volume just says that the rate movement within minutes differs from the Brownian one.
Oh, I want to do a lot of things today) But my mother told me to go to bed)
Write...
I'll lure you in with a poem
To a land where there's no good and no evil.
Where only love reigns for centuries,
where even sorrow and sadness are sweet.
I'll give you a poem
The way flowers are given to lovers.
They will lead you astray
In a land of magic
There's no place you can't love
♪ and if you want to live there ♪
# You've got to love me
You must love me more than life.