I was looking for average daily ranges for few currency and found
http://www.kathylien.com/site/day-tradi ... ing-ranges
I like to do my own calcs so exported gbp/usd and usd/chf, however the values I find are significanlty different.
gbp/usd 2007 - 132 for website above and my calc 109
usd/chf 2007 - 86 for webite and my calc 70
The average daily range is as i understand the annual average for the difference between high and low of each trading day. This is not the hardest excel calc so I hope and believe I got it right.
I would appreciate any views on this.
Can forex tester automatically give this result?
Would there be any obvious reason for this difference?