a trading strategy based on Elliott Wave Theory - page 137

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Here's a picture before
And here is the picture after
"The Mastery of Elliott Wave Analysis" - http://www.ozon.ru/context/detail/id/1099444/
Ordered it on the 20th August, I think it was sent to me by courier on the 24th and it was out of stock right after that. Since nothing came in, I figured they didn't actually have the book, and was already ready to apologize to me for the mistake (although the status was "Delivered"), called - they say it came and delivered to my door today. So maybe I have the last copy of this small edition :)
Checked it - no one has read my copy yet, even crunchy when you unfold the pages :)
Is this thread hanging there for nothing?
PS And there is nothing about potential energy by any chance ? :-))
Is such an approach to automated trading promising and feasible?
I think it is... :Q
moreover (probably due to my limitedness) I think this approach is the only correct one.
by the way Elliott wave analysis is also a pattern analysis. :)
Excuse me, can you tell me where to read about it?
:), I don't think there's much written specifically about parabolic regression, you should read regression analysis, MNA (method of least squares), any reference book on mathematical statistics and tervers. You can get closer to our industry in Bulashev, I think there was a link on the first 10 pages somewhere.
Another question is whether it is worth the cost. "Sensei says it's "ok" without it, the "senior apprentice" says it's "cooler", I'm still hesitating, I'm looking at this and that picture as well as the other one. The parabola approximates beautifully, but with extrapolation I don't know, I don't know...
The second example: we have several trading algorithms (several TS) on one account, we have opened a position early in the morning in Long by TS1, by the middle of the European session a signal to open along the market or to break through again in Long.
Option 1 - according to TS1, this position has already breakeven - then we can also work with TS2.
Option 2 - break-even on TC1, then we advise TC2, that there is already a position in Long for the best price and offer to accompany it, TC1 is sent to rest.
Variant 3 - we cover part of the position and TS2 is allowed to trade on the free part of the risk.
The third option. We have an open Buy on EURUSD at TC1, a signal is received at TC2 to sell. It is allowed to open this position, but it is not allowed to open a Buy position, as the risk increases. Or we may close Long and open Short.
Option four. We analyze the group behavior of currencies (usually versus the dollar), we calculate the directional movement against the dollar, each currency reaches its resistance level, these levels can be at different distances. We catch the strongest movement by analogy with the rubber band.
In general, we can use our imagination :) And then there are channels, patterns and so on.
Why don't you want to take on the role of "arbiter advisor" personally ( at the first stage ) ?
A set of several simple advisors of different purposes. You decide when, who and how much to work for.