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nicegirlfromswindon
13 Mar 11 10:01
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Date Joined: 13 Sep 10
| Topic/replies: 20 | Blogger: nicegirlfromswindon's blog
Hi all, I have just opened a tradefair account and am interested in trying some forex trading.  I am looking to spread bet using the last five days average to base my calculations on.  Does anybody know if there is a way of doing this in the spreadfair charts, without me having to get my calculator out?  If not are there any charts that will do this for me that anybody can suggest?
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Report jonster111 March 13, 2011 7:03 PM GMT
its much easier just to wowrk them out yourself. do a simple excel calc with the past 5 days highs and lows taken from the daily charts of the platform you are trading ( to give you accurate figures - dont use other charts to work your figures out or they will be wrong ). I do this every day on several products I trade and it takes about 2 mins. If you dont know how to use excel google how to do it its very easy. If not I will try and put it on here
Report nicegirlfromswindon March 14, 2011 1:36 PM GMT
Yes thats the way I do this now, but I have seen an illustration when you can hover over the candle and the daily average range comes up too.  That would be neat.  Does anybody know of a platform that does this?
Report jonster111 March 14, 2011 4:57 PM GMT
sorry ngfs, I cant help you there, but I would be careful with anything that is auto as you dont know how they work out their adr's, so I think I would still use your own figures - I use 5days - 10 days then start again back at 5 days etc to get a more accurate feel of the market, I think if was auto there would be too many figures and it could throw you out. Only a suggestion and I know its not what you are asking for but just a thought. Best of luck
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