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Math Help - Candles

  1. #1
    Newbie
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    Candles

    The Stock market is made up from candlesticks of time duration.

    If the 'Tails' on a Candlestick are a percentage of the main 'Body', and you have lots of series of candlesticks in one subject (i.e. a stock) How can you calculate the stock with the largest or smallest % of tails?

    What I thought would be a simple calculation ran into problems: 1st with dividing with zero (when body = tails). Ok - substitute with 0.001. This then upset my my averages by providing Huge numbers. It seems that I'm in a circular catch 22 position.

    Please tell me that my stats knowledge is poor and there is a simple solution
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  2. #2
    MHF Contributor
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    Re: Candles

    IF I understand what the heck you're asking:
    add all the "bodies"
    add all the "tails"
    then divide.

    1: 7,2
    2: 4,0
    3: 5,4
    (7+4+5) / (2+0+4) / 3
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  3. #3
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    Re: Candles

    Perfect
    Thanks
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