Oh wow, this takes me back to my finance classes in college. I know for a fact that Excel can do this if you have all the information that is required. I think the NPV function would be what you would want to use. Hope this helps.
BT,
Those types of candles that you use, are they included in your charting package or do you do them some other way? I use esignal and I dont see that option there. Just curious to take a look at the "modified" candles. Also, do all the candle patterns still apply?
Thanks for the input
-Nick
I would have to agree with rog1111 on this one. In my experiences (mainly futures), gravestone doji's work very well as reversals. (much better then its' bullish couterpart). Especially with such a spike in volume, I would be ready to exit this position soon.
-Nick
I had an idea like this, actually created a program in excel to do this kind of "Scoring". I had things like ranking the current trend, certain indicators, etc.. While good in theory, it was cumbersome to do in an intra-day fashion. Worked well in swing trading though. I felt that the this...