Good question. I think the safest entries would be above open and MA or below open and MA. However, the exit is another question ... Maybe we could use another (shorter period) MA?!

Higher Edge within a Single Candlestick

Thank you, kprsa. Will go through the thread. I think I've once seen it while surfing for other things.

Higher Edge within a Single Candlestick

Well, yes. But I think it can be used in the presence in order to see the net result of buyers/sellers?!

Higher Edge within a Single Candlestick

Although diversification and compounding are interesting topics, too, I'd like to come back to the topic of this thread. In the very beginning of it there was a discussion on either using a fixed or a moving reference point. I've thought we could ...

Higher Edge within a Single Candlestick

Why? Who?

Higher Edge within a Single Candlestick

Thanks a lot! Up to date I've usually used the M-Candles indicator (I think it has been posted in one of the first pages, too. Regarding your coding request ... Unfortunately I'm a bad mql4 programmer. But if I can do something for you with R I'll ...

Higher Edge within a Single Candlestick

Great point. IMHO micro-trends will not live for a long time. Thus, the outcome (green/red) of the next candle will only be in line with the last micro-trend if the TF of the candles is short. For instance, a micro-trend will not be enough to ...

Higher Edge within a Single Candlestick

It seems that some people that stick to look outside the box are that much bound to the box's outside that they forgot the behaviour the people living inside the box are used to have. I will no longer comment to your posts ...

Higher Edge within a Single Candlestick

Not everything can be uncovered. CP talked a lot about that the market behaves like light: There can be a trend and there can be no trend at the same time (in the same was as light can be understood as wave but also as particle. The world is built ...

Higher Edge within a Single Candlestick

It depends on the semantic meaning of "randomly". Maybe there are forces that make the market up to a particular degree deterministic. However, there still is a random component. And most of these external forces are also random in terms that you ...

Higher Edge within a Single Candlestick

Just some food for thought ... During up days the low of the day is set first most of the time. During down days it is the high. Either the high or low of a day is set almost always before 2:00 pm (GMT) (during the London session). Couldn't that be ...

Higher Edge within a Single Candlestick

.

Higher Edge within a Single Candlestick

@CP: That's another statement. In your first post (that has been discussed) you never said that you wait until you play. However, this behaviour can still be explained with randomness ...

Higher Edge within a Single Candlestick

Sorry, but slowly I believe that most of you can't read. Point me to a statement where I asked for spoon feed or where I said that I don't like what you post/say. This is a forum and thus it should be obvious that people have different opinions ... ...

Higher Edge within a Single Candlestick

I won't compare with anyone and I never said that I'm a better trader than you or someone else. You completely misinterpret my point. My way (and I guess the way of most others here) of thinking is a scientific one. And in science I can only believe ...

Higher Edge within a Single Candlestick

That's the way how science works. Thus, if we don't know what causes the unexplainable outcome of an experiment, we call the effect random. However, the concept of randomness is a beautiful thing since we can deal with the unexplainable and ...

Higher Edge within a Single Candlestick

Exactly. I've stated earlier that forex isn't comparable to roulette. However, the question is what we can do with that info?! We only know that prize will deviate from it's open. But how to trade it? A buy/sell every single time the prize crosses ...

Higher Edge within a Single Candlestick

I think most of us haven't thought that it was unbeatable. However, we just used CP's statement and checked it in a scientific way. It is obvious that the method will work if the roulette is biased. However, how much is a roulette table biased in ...

Higher Edge within a Single Candlestick

Oh, indeed. I should have checked this before posting ...

Higher Edge within a Single Candlestick

Thanks, jimsterk. Since HurryK assumed a uniform distribution, you should perform the experiment with runif first. Then you will see a distribution with roughly 0.33 for upper/lower/body ranges. However, @kprsa and I mentioned that the outcome will ...

Higher Edge within a Single Candlestick