Can the tools process any type of data ?
Jurik Tools can be applied to any time-series data that WANDERS, like a random walk. For example, daily prices of IBM securities, monthly readings of a person’s body weight are two examples of wandering values. Although our tools are not designed to process a purely random time series, they can be used to process the cumulative sum of the same series. This is because the cumulative sum would plot as a random walk. Types of time frames include tick, volume or range bars; minute, hourly, end-of-day, weekly or monthly bars. Jurik Tools run on any number of time series simultaneously, and on multiple charts.
