Well I started by trying various wide ranging settings for h each time and counting the number of transient areas across 1000 bars. I tweaked the settings until I got around 30 transient bars (3%). Not sure if it is 100% how Eurusdd would do it ...

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hmmm....have I got something wrong. I though h was the width of the box not height?

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Difficulty is knowing how far into that bar price will return as part of the recurrent area (as the bar might be transient) . I have a target at 1.3372 but not sure it will be reached.

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If you read Eurusdd's posts he said you adjust h for each time frame so that you only see a very low number of transient zones (around 3%)

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Think we have gone beyond a possible transient zone. Time for a low risk trade?

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Yes I was.... Wow can't wait!!!

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I take it this is based on one of your other systems? Love the way you have mastered the market.

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Thanks again for the insight. I am currently trading on the 15 min TF but not many opportunities so far. Regards Neio

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Do you only hold out for those trades (beyond the transient zones)? Or do you also take the 97% ones towards what are likely (but not guaranteed) to be recurrent zones?

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Eurusdd has shown us that Transient zones are low probability. There is a higher probability that it will be a recurrent zone.

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Many thanks for your reply Eurusdd, I knew you were going to say that! I always believed in your ability and you have demonstrated time and time again that you have something worth listening too. You have opened my eyes. Regards Neio

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Do you always enter on the next candle past the h-transient zone? The problem for me is knowing when to enter to avoid too much drawdown. The exit is virtually guaranteed but how best to enter.

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It is difficult for a non-coder. Noted the indicator Hepsibah is not ideal but I have been able to adjust the settings in a way that I believe will work for me.

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My understanding of k is the same as yours but I think that it does affect the number of transient zones. My feeling is that if price enters within the k value it invalidates that as a transient zone and that zone would be considered recurrent (even ...

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Sounds great...I like that idea....waiting for price to pull away and then set up orders to scalp the target for when/if it returns. That may help to avoid some of the losses. I believe the mid-bar transient zones could be useful for another ...

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I am personally looking to trade the above point on the 15 min TF. I believe I have found the right number for h (or at least a number that I think can work for me). Although not perfect the indicator that Hepsibah posted is very useful for this ...

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Many thanks Hepsibah, This indicator is useful because it is possible to highlight the fractals where price has not re-touched within h-bars on both sides (i.e price was transient) - Red arrows on my chart below. Also you can configure it to ...

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Many thanks Eurusdd!! I believe we can reverse engineer to find the h values. If we take a chart that has a 100 bars we should only find approximately 3 (3%) of the bars are h-transient (i.e they have prices that have not been returned to within a ...

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As simple as possible: 00 level trading

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As simple as possible: 00 level trading