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shivangi77

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Narrow Range 7 Calculator


Hi,
One of the generally accepted views about the market is that markets move from period of range contraction to period of range expansion and vice versa.Or period of high volatility are preceded by period of low volatility.Many indicators and setups like Bollinger bands ,Average true range (ATR) etc are based on this premise.Narrow Range 7 or NR7 as it is commonly known is one such setup.

The calculator will help you in finding right stocks at right time which may experience rise in volatility soon (mostly it's the next day).In other words you will move a little closer to "timing the markets",which is often said to be an impossible thing

How to use the calculator?
It's very simple all you need to do is copy the data in grey cells.You need to copy the date ,high and low prices on end of the day (EOD) basis.Just be careful when you copy the high and low data for the day,quite often due to "freak quotes" you get inappropriate opening values (happens mostly with illiquid stocks).So I would say ignore a few initial ticks if that is cumbersome ignore the first minute data.

That's all about the calculator.Personally I strongly believe that markets indeed move from low volatility to high volatility period.
Good luck with your trading.


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contact manshi for last i year of ieod data at 7200/- per year or for lesser amount ask to the members.
Thanks SR114 for quick reply. yaa some data provider like manshi rt or market data provider provide ieod data but cost is high. i looking for low cost or free data.
 
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