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I have been using an excel spreadsheet for some time, which assists me with calculating support or resistance for a market.
For example I will identify a trend line, and take the the low of point 1, and the low of point 2, I will enter the date of point 1 along with the price, and then enter the date and price of point 2.
Then I can enter in the future date, and excel will calculate the future price based on the 2 dates.
It only takes the number of bars between the 2 prices, so for instance it accounts for weekends, etc.
I would like to be able to do this using esignal, vs excel, but needing some help with determining what efs values to enter into the efs formula.
For example I will identify a trend line, and take the the low of point 1, and the low of point 2, I will enter the date of point 1 along with the price, and then enter the date and price of point 2.
Then I can enter in the future date, and excel will calculate the future price based on the 2 dates.
It only takes the number of bars between the 2 prices, so for instance it accounts for weekends, etc.
I would like to be able to do this using esignal, vs excel, but needing some help with determining what efs values to enter into the efs formula.