Does anybody have any lag studies...or do they just evaluate reversal candles?...
I mean a study like this:
H1 Up candles with 30 pips= 90% probability of a continuance
H1 Up candles with 50 pips= 75% probability of a continuance
H1 Up candles with 100 pips 45% probability of a continuance
This is hypothetical for the purposes of illustration and these numbers have no validity
kayvan please answer?
What I think is the concern is that the price rose 39 pips and still no exit...
But we must forward test to see...
Chart tha wolfe posted.
I'm working on something else, until I hear if either of these look right.
If you post the EA...I will test it with nano's (0.01) and a 1 buck WFM...in a demo account. Before graduatiing to 0.1 lotsize in an IBFX mini account.
I'll post it of course. Just waking up, I was coding all night. Not just pipidiot of course. I have to make sure it is right before posting.
Kayvan, which of the pictures I posted kooked right? First or second. (that was pages ago, I'm still not caught up in the thread yet)
Just skip my posts...it will take less time ☺
PipIdiot™ does not think. He just enters in with a machine-gun like fashion in the prevailing wind, according to the the real thing...Price Action.
Here is the weakness...it is those market fake-outs...this perpetuates the duration of the trade-set if you have enough cash.
My question is...how long will my nano account need to wait for the H1 to give a trend stong enough to let WFM give me a profit?...maybe I better use 0.1 with the H1...and 0.01 with the M5
This is where your MA entry logic would apply...we need it as an option to give us an entry edge, to make PipIdiot™ a little smarter on its initial entry and its initial lotsize. don't worry kayvan...you can leave the default to false.
don't yell at me wolfey...you have already written all of this.
Get aboard the ES wagon!
P.S. and if the longer TF MA takes us down the wrong road, it has been my experience that trend reversals are strong enough for the PipIdiot™ to take us down the opposite road with enough power to get us out...it just may be a long trade...with a lot of drawdown...
Please , how much this picture makes sense a what is advantage and disadvantage with this Martingale lots progression orders ?
Need feedback, so I don't miss something important to have some answer for my friend .
I'm not that good with calculating this lots progression in picture.
I'm sorry , I don't have any other picture .
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