CAMARILLA stock equation

hard to see what use it is, when the index CLOSED below all that jumble of support numbers....

or is this NOT the values for today?
 
It is NOT the value of today because my site has migrated at a new webhost and is now protected (not free), it is the value from the (free) old site so Friday.

There is a notice on how to use the levels on their site.

Quote from Wappers2:

hard to see what use it is, when the index CLOSED below all that jumble of support numbers....

or is this NOT the values for today?
More...
 
so you are saying that if we take THURSDAYS numbers
O H L C
7,774.76 7,795.07 7,624.97 7,673.99

we can create the numbers you posted? From a single data set? Are you maddd my little croissant?
 
I have not tested but this is simple and maybe not far away:
Take yasterday h l c

If you expect a bull day
project high: ((h+h+l+c)/2)-l
project low: ((h+h+l+c)/2)-h

if you expect a flat day
project high: ((h+l+c+c)/2)-l
project low: ((h+l+c+c)/2)-h

if you expect a bear day
project high: ((h+l+l+c)/2)-l
project low: ((h+l+l+c)/2)-h
 
if these guys REALLY have 5000+ subscribers, at 150 smackers each, I'd stop this now. People get funny when their source of income looks like it's being taken away from them.

Have a nice one.

18.93%
6.35%
6.29%
12.64%
6.29%
6.35%
18.93%
 
No. It's simple but not like traditional pivot support if so where would be the interests :D

Quote from MarathonTrading:

I have not tested but this is simple and maybe not far away:
Take yasterday h l c

If you expect a bull day
project high: ((h+h+l+c)/2)-l
project low: ((h+h+l+c)/2)-h

if you expect a flat day
project high: ((h+l+c+c)/2)-l
project low: ((h+l+c+c)/2)-h

if you expect a bear day
project high: ((h+l+l+c)/2)-l
project low: ((h+l+l+c)/2)-h
More...
 
No because it is above all a question of marketing :D That's why even if my system is far more better it will not reach the commercial impact of Cama but I don't want my system to spread to too numerous people so it's not a problem. I just need enough people to recruit among them traders for my future hedge fund.


Quote from Wappers2:

if these guys REALLY have 5000+ subscribers, at 150 smackers each, I'd stop this now. People get funny when their source of income looks like it's being taken away from them.

Have a nice one.

18.93%
6.35%
6.29%
12.64%
6.29%
6.35%
18.93%
More...
 
Cama must not be taken as support or resistance, rather than zone of intervention. The same thing in my model which are more potentials than really support or resistances. In fact if I wanted supports or resistances I can calculate them with 1 point precision on Dow Jones by other equations. But S&R are not so interesting : it is the trend and the targets that are really interesting and that's the hard part to model and that's this part which is an art in traditional TA, that's why many novices fail because Traditional TA cannot really predict so you must use it with MM which is also an art because it is not completely independant from the first component :D
 
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