J Jerry78 Dec 5, 2003 #1 Does the average true range has any unit, such as $ per day? Does implied volatility and historical volatility has any unit??? thanks
Does the average true range has any unit, such as $ per day? Does implied volatility and historical volatility has any unit??? thanks
P Pabst Dec 5, 2003 #2 Quote from Jerry78: Does the average true range has any unit, such as $ per day? Does implied volatility and historical volatility has any unit??? thanks More... You can easilly assign a $ coefficiant to true range. Merely multiply TR x Tick size. Or for your own personal TR$ multiply the range by the tick size x the number of contracts or shares you trade. For vol much trickier. Ask Maverick.
Quote from Jerry78: Does the average true range has any unit, such as $ per day? Does implied volatility and historical volatility has any unit??? thanks More... You can easilly assign a $ coefficiant to true range. Merely multiply TR x Tick size. Or for your own personal TR$ multiply the range by the tick size x the number of contracts or shares you trade. For vol much trickier. Ask Maverick.
