SeasonAlgo Forum

When i enter in this menu i did'nt understand what matemathically mean Stacked.
Maybe the average of the Legs of the Spread ?

That is ZLH21-ZLN21 --> Stacked AVERAGE (ZLH21, ZLN21) = medium price
is this that compare with the other years seasonality ?

Help donsn't explain the basis of the principle "Stacked"

Thanks in advance

Luca

Hi, I don't understand your question. What do you mean by stacked average?

Average mean the valure of the formula (ZLH21 + ZLN21)/ 2 = average value of the two legs.

is this the value of the spread in the Stacked graph ? there is no explanation in the help menu.

thank in advance

Luca

Spreads in stacked graph are calculated same as in Builder. Stacked graph is just different visual interpretation of Continuation graph

I've another questione, please.

Why the number of the channel is over 100% if the spread conversely is up the
channel. I've seen Help Section in the Search menu, The channel is 0 % in the top and 100$ at the bottom.
This Spread may be negative but not positive. I don't understand the logic of the numbers of the channel.

Thanks in advance
Luca

Hi, because you sell spread, so logic with channel/extreme numbers is opposite.

Roman wrote:Hi, because you sell spread, so logic with channel/extreme numbers is opposite.

Thank you.

Luca