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Looking forward to it. Just read the description now. Interesting stuff) I'll give it a spin on renko bars...
PS: Just don't paint the bars... Neelan, no offence) Real candles with shadows and in monochrome are prettier)...
The candlesticks were made for clarity. If you just look at the indicator line (the left orange area), you can get the illusion that the price goes down in this area, but it is going up.
The candlesticks were made for clarity. If you just look at the indicator line (the left orange area), you might get the illusion that price is falling in this area, but it is rising there.
In general, it seems to be contraindicated to enter immediately at a colour change. It is much better to wait for a bounce and then, say, enter from the crossing point with an additional simple swing...
And with a wry grin discover that it's not a bounce, but a U-turn... :))
Uff, that seems to be it.
Fast, adaptive, market volatility-aware Reverse Plummer 7.0 (tm)
Drain scientifically, using nanotechnology!
Parameters adapted by eye for EURUSD M15
Uff, that seems to be it.
Fast, adaptive, market volatility-aware Reverse Plummer 7.0 (tm)
Drain scientifically, using nanotechnology!
Parameters adapted by eye for EURUSD M15
Thank you, I appreciate the honesty in people)
Let's see...
I used to be naive and foolish, and kept looking for the grail. On one of the websites I came across a statement saying that there was a very simple idea that the big guys were trading on, and that all your neural networks were nonsense. They say, look closely at the price, and you'll understand everything. And that kind of crap.
So I was sitting there thinking, thinking about a philosophical question: was it a reversal or just a correction? Has the trend changed or is it still going? Where's the line?
And then I realised that it all depends on the scale!
The price has fallen 20% from the beginning of the trend - it means the trend has changed. Less than that, it's still a correction. It's a beautiful idea. And just as useless as hundreds of other beautiful ideas.
I used to be naive and foolish and kept looking for the grail. On one of the websites I came across a statement saying that there was a very simple idea that the big guys were trading on, and that all your neural networks were nonsense. They say, look closely at the price, and you'll understand everything. And that kind of crap.
So I sat there, thinking, I had a philosophical question: was it a reversal or just a correction? Has the trend changed or is it still going? Where's the line?
And then I realised that it all depends on the scale!
The price has fallen 20% from the beginning of the trend - it means the trend has changed. Less than that, it's still a correction. It's a beautiful idea. And just as useless as hundreds of other beautiful ideas.
Why useless? The idea is far from new and your indices remind me of Livermore's Master Key.... Which of the ratios is responsible for the offset?
Hello all, friends!
Another grail is almost ready. This time it's channel-based. It won't be long now, soon the money will be pouring into our pockets.