Discussion of article "Testing patterns that arise when trading currency pair baskets. Part II"
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New article Testing patterns that arise when trading currency pair baskets. Part II has been published:
We continue testing the patterns and trying the methods described in the articles about trading currency pair baskets. Let's consider in practice, whether it is possible to use the patterns of the combined WPR graph crossing the moving average. If the answer is yes, we should consider the appropriate usage methods.
We see that there are enough signals. Let's assume that the situation is similar on other currency baskets and we do not need to check them.
The screenshot below illustrates the indicator operation:
A lot of potential signals immediately catch our eye. Obviously, there are many false ones among them, but it is too early to think about it. We will paint buy signals in blue and sell ones in red.
Author: Andrei Novichkov