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Price Angle Formula
Price Angle Formula
Price Angle Formula
Now we will See The Specific Numbers are on which angle ( what we called Price
angle ) it is more useful with Graphical charts and geometric angles but still for
the education purpose I will explain it
Formula is
Mod(Sqrt+(N)*180)-225/360)
Example
Say we want to find out the High 6349 of Nifty is on which price angle
√6349 = 79.68
79.68*180 = 14342.5
14342.5-225= 14117.5
14117.5/360 = 39.22
Here the quotient is 39.22 so we have to take round figure 39
360 *39 = 14040
So the Difference is 14117.5-14040 = 77.5
So the Price 6349 is on
77.5 degree ( Price angle)