It is supposed to be -2, but in the picture drawn, the logic does not hold. For reversals, (Two) consecutive flips opposite of the trend are necessary, while if a trend is underway, only (One) of the same flips, whether a heads or tails trend, is ...

Higher Edge within a Single Candlestick

Of course, I understand. However if you look at the posted pictures, let's say there's a consecutive downtrend of 3 "Tails". That is -3 summed if one says Tails = -1 and Heads = +1 in his example. After the 3 consecutive "Tails", the next heads Does ...

Higher Edge within a Single Candlestick

Hey there! So I love the quantified approach you take, and I do believe the esoterical posts by CrucialPoint can be reaped of value by some. However, I do think there's a "bug" in your approach. What you've done gives a bias weight to trends, as ...

Higher Edge within a Single Candlestick