Yes, correct.
open = 09000 high low close = 173000
The thought behind it is the
I want to average all open of the last x-days
as well as the close of all the last x-Tades.
same for the high and low
these averages can then be set in relation to the open of the current day.
This results in a statistical bandwidth, and it would certainly be possible to create a pivot of this statistical bandwidth.
Perhaps one can draw conclusions about the possible course of the share price from this?
And what’s more, can you do it just for single days of the week?
So all the open, high, low, close for example of the last x-Tuesday?
Can you program that or is such an indikator allready exist?