VVFISH I just want to say thank you for creating these summaries of high impact news events. I hope you continue to do these in the future and add as much information as possible. It feels good knowing others understand the opportunities in news ...

News trading discussion - continuation

Fair enough, there have been many revisions. haha Well it was successful. Feelsgoodman. The indicator is officially done (hopefully no more bugs). Good for statistical analysis to test certain candle patterns and find where they occur. Thankyou so ...

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Hello!!! I can confirm that the 'Cases Found' component now matches the number shown on the graph. Thankyou for that. Much more accuracy. There is still however the other issue that remains from #post 27. image image As you can see the chart ...

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Thanks Jay I realise the answer to my question was already stated in your first post. Nonetheless thanks for your response. Keep this journal active if you have the time, it will be great follow journey. -HMSR

Jay's High Probability Setups

TY Gorraf, Your Coverage Indicator is exactly what I was hoping for thanks alot. It's also great to see you coding a various range of meta trader tools. We all need to make the most of you while you are here

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Does crude oil ever have any good reactions such as 30pips?

News trading discussion - continuation

No you are right in the H2 L2 is for the second candle, etc, and I meant the 3rd candle measures everything in the second candle etc. I guess what I was tryng to say is 1>for candle 2 bound the high and low so that they are not larger than the highs ...

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This is pretty useful. As you can see, the coverage suggests that the current weekly candle will likely cover atleast 30% of the next weekly candle if there are no shocks etc. But since we don't know the size of the next weeks candle, it is not ...

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Hello FX-Jay, Regarding reccurrence, it seems that overall the the usefulness of recurrence in the short term is that around 80% of the time a potential transient zone will fail (When considering about 10-20 candles in general). Hence a 4:1 trade, ...

Jay's High Probability Setups

This is some quality material. Thanks for all of this. I will check it all out. In post number 27 I didn't have it as -1 I just tested it again with strange returns... Did the EUR/USD data matchup? I'm with pepperstone and in metatrader ...

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Hello Gorraf I hope you find the available time to work on this indicator. In the mean time you may be interested in working on another one aswell. I'll refer to this as 'coverage'. Basically how much a candle engulfs it's previous candle. Suppose ...

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Short?

Price Action in Day Trading by Dadas

Hello There are not always bugs, but sometimes there are. I found another one. For some reason it reads as Up. image

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Actually let's leave the USD/SEK, instead lets consider the EURUSD Weekly (If our EURUSD data doesn't match one of us has dodgy brokers). Parameters Tf: H4 U/D Pattern : UDUDUD Sum of Inspected Bars After Pattern :1 Min pips Pattern :0 Min Pips ...

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Hello Gorraf, Thanks for the Updated version. In terms of the problem I found, try openning the USD/SEK on the weekly charts and inputting the pattern UUUDUD. My broker is limmitted to May 2012 so an input up to there would be fine maybe 500 bars. ...

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Thanks Gorraf. In the indicator you posted last, it fixed the recognition issue but now it counts 4 cases but only displays 3 cases. (that is all the available data) image One thing to consider. If you want to consider a huge bar with a minimum ...

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Hello Gorraf, I think there is a bug As you can see in the picture, the permutation is UUUDUD. It says 100% up but only 2/3 bars went up after it. So the visuals don't appear to be the problem rather the recognition of the Up candle in the first ...

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Hello Gorraf, thanks for your excellent work and commitment. Thanks for your explanation of the workflow, that was the method I was hoping for and easiest to understand. In fact, that picture is an excellent example for reference. ►Which gives me ...

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Hello Gorraf, it works great, thankyou very much. ►Perhaps another form of input into the U/D parameter, can be N-for Neutral or no move. To represent cases where the open equalled the close. They would be rare events, but this indicator idea is all ...

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Gorraf, you are a legend. I cannot express my gratitude. This is pretty much the indicator at its core. Feel free to respond whenever, this is your code. There is no urgency, I can do wonders with what you have already posted. I hope you find it ...

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