BTW, your transient posts are always very illuminating. Thanks! k

5 years and still no strategy

Here is one (there are many others imho, you yourself have shared one earlier in the thread): The necessary condition for the price to move is the imbalance between buyers and sellers. This can be read off directly from the candlestick chart. k ...

5 years and still no strategy

How do you know that? k

5 years and still no strategy

Since I had some time to code, here the indicator is attached. k file

Multi dimensional Donchian channels indicator

I am unsure if I am "in the know" but since you ask, I'd guess they have considered that the important information they needed was already captured by the vanilla variety of candlestick. And I tend to agree. k

5 years and still no strategy

The Japanese were using candlestick plots of rice prices back in the 17th century. But it is the same as an ohlc bar, just that long candles with short wicks "look" more solid. k

5 years and still no strategy

Doable imho, similar to trying to make money off coin flips (or roulette). The trick is in the money management, and the fact that "on average" the price drifts away from any given line. But could get a person kicked out of a casino...

5 years and still no strategy

I have a feeling that one should try to identify WW setups at a higher tf (say daily), and then its smaller "fractal" duplicate at the lower tf (say hourly) for entry in the sweet zone. (There was a guy on the forum called skunny with similar ...

Wolfe Waves - Get in the Zone

Anyway, since today my holidays started, I had some time to code. If somebody wants, here is something to play with. The (crude, but according to specs in above posts) code works only on EURJPY. Cheers, k file file

5 years and still no strategy

I know exactly what you mean. Anyway, this was just a "blue moon" suggestion, seeing that we started off with Monty Hall. Cheers, k

5 years and still no strategy

You seem to have been exactly correct. I hacked together a quick EUR/JPY indicator to check the feasibility. The simplest strategy on the D1 next candle results in small profit (ignoring the spreads). But certainly the probabilities are far from ...

5 years and still no strategy

Your trade results are clearly correlated. The system would be more profitable if you'd increase the position size after a win and decrease it after a loss. Cheers, k

For Data Scientists interesting project

Agreed, he is clever and an out-of-the-box thinker. Just wanted to say how I would approach this (if I didn't have enough of crazy theories of my own): I would use a trio of pairs which are bound by a triangular relationship, say E/J=E/U*U/J. From ...

5 years and still no strategy

Since the thread has already gone to hell (with only a few reasonable and useful commentators, e.g. Calculus), I will just add that this has reminded me of the twoblink's "gravy train" principle, where he, apparently inspired by 19th century ...

5 years and still no strategy

Place a bet, say along the previous candle color. Following the principle, one should flip position (change the door) when the price is stalled (small candle body, i.e.the goat is shown). However this assumes a lot of things about the probabilities ...

5 years and still no strategy

As for one possible link between π and trading see the post here. (Sorry, links don't work in Extracted Threads.) k

Extracted Thread (per thread starter's request)

They also started using reverse psychology since quite a while. Cheers, k

5 years and still no strategy

I tend to agree with you on this. Markets, while they have a useful consumer/exchange function are primarily (as in bulk of activity/traffic/volume) big boys' money making machine. Cheers, k

5 years and still no strategy

I think they are buying, the bulk of volume is at the day minima. I haven't seen a very good distribution going on before, so I do think they go to 54.xx to distribute. However these guys have deep pockets and can let the price go down another 2-3 ...

Oil and Natural Gas

If the current level roughly holds, I think it should... Don't like the lower low of today though. k

Oil and Natural Gas