StockFetcher Forums · General Discussion · Help With Simple Formula<< >>Post Follow-up
Slow_Fingers
2 posts
msg #153775
Ignore Slow_Fingers
8/28/2020 7:23:47 AM

Looking for the following:

Today's $Traded divided by the average daily $Traded (20 day avg).

Any help appreciated.

styliten
302 posts
msg #153778
Ignore styliten
8/28/2020 9:17:24 AM

The exact trade$ by day is difficult to know because each trade would have different avg price during the day. If the close is a close enough representation of the avg price for any given day, then

draw cema(cema(close multiply by volume, 1) / sum(close multiply by volume, 20), 9)

would be “directionally” representative to what you are looking for.

Slow_Fingers
2 posts
msg #153790
Ignore Slow_Fingers
8/28/2020 11:14:53 PM

I think that might work. Thank you

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