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Absolutely, More Threads About The Implementation Of Trading Strategies And Correct Usage Of Technical Indicators Is A Must.. I Love The Stochastic Examples You Went Way Beyond What I Expected..
In Your Examples I See That The Signal Should Be No More Than 10 Candles Beyond The First Cross Over From The Over Sold or Over Bought Region..
If I'm Off Please Correct Me.. When I Think Simultaneous I Think Of 6 to 7 Candle After Each Signal Cross
i think one can predict the direction of the price but not the value of the price itself. because i've seen some EAs on YT that seems to know where the price is going
i think one can predict the direction of the price but not the value of the price itself. because i've seen some EAs on YT that seems to know where the price is going
The direction is also more useful. A future price is relatively worthless without time factor.
There is this project on github, supposedly able to predict with 70% accuracy the close of S&P. We would all be rich right? The problem is developing a strategy to trade this profitable. Essentially it would be similar to trading some next day pivot point that gets hit whatever %.
Developing strategy with a certain accuracy of direction at the time you enter the market is far easier to do profitable. Still it would be no grail though.