There must be a symmetry in time too, yes. More than a Fibo ratio, a more or less equivalent time between ABC and CDE for instance. In other words, if you see a bat, the wings should have a similar width. I think you will find interesting the book ...

Harmonic trading-harmonic patterns

Hi. I did not say that it is in the mind. And I do not want to argue with you. Do as you want and try not to ask for something if you already have the answer and do not want to hear what others may answer to your question. Cheers.

Harmonic trading-harmonic patterns

You think that is an incomplete pattern and you are wrong. The pattern does not exists until it is completed. Meanwhile the pattern does not exist no matter if you can project it on a chart with your mind. What you are seeing is an inverted big M ...

Harmonic trading-harmonic patterns

Incomplete patterns do not exist. You can only trade patterns.

Harmonic trading-harmonic patterns

The most important thing to trade a technical setup is to wait for confirmation. I think many pitfalls could be avoided just by letting sessions/bars to close and finish printing the pattern to trade. This, of course, applies to most of the classic ...

Technical Analysis Fallacy

Standard indicators, all those that come with the trading platforms (moving averages, oscillators, etc...) are intended to help the trader to understand the current situation of the prices. Only that. No standard indicator will tell you when to buy ...

Technical Analysis Fallacy

Also one important factor is your environment. Specially what happens around you, tour offoce, your family during.your trading sessions. That mat affect your emotional state and control a lot.

How to Become Emotionless

I tried a few years ago unsupervised or partially supervised learning and the results did not satisfy me. Therefore, what I spend time on is identifying patterns I can define as deterministic states, so that the problem becomes how to optimize a ...

Machine Learning with algoTraderJo

One small detail you may not notice when checking the keras-rl repo. url

Machine Learning with algoTraderJo

Indeed, network memory issues must be also resolved. It is not just plug and play I forgot to mention this: url

Machine Learning with algoTraderJo

Financial data exploitation using non-deterministic scenarios (environments) such as Forex data began using Monte Carlo prediction. The problem is that for high-dimensionality scenarios like Forex, it seems that Monte Carlo does not work well. url ...

Machine Learning with algoTraderJo

I write this for those interested on what to search to apply RF learning to trading. The easiest RF learning algo would consist on just calculating returns based upon OHLCV data for instance. Implementing the RFL agent, policy, value function, ...

Neural Network Trading, Serious people only!

Completely agree.

Are we all idiots?

3 pip stop losd for 1m it is considerabily huge. However if your strategy works, then it is ok. I trade sometimes 1 min, even if comission are relatively high, it it true that time is also money, and if one can get in 1 mintue tf more than others ...

Are we all idiots?

Something like it, yes. Too many years spent with all kind of research... And then, the sudden aha moment...

Are we all idiots?

Amazing, Amir. Thank you.

Harmonic trading-harmonic patterns

It is the same path as any other trading methodology. You need to stay studying, researching and practising for a few years until you get used to it. All in demo and simulation. Trading is quite difficult.

Harmonic trading-harmonic patterns

H.M. Gartley described it on his book, "Profits in the Stock Market" back a century ago. Scott M. Carney wrote "The Harmonic Trader" and the three volumes of "Harmonic Trading". The last volume is copyrighted on 2016, at least my copy. It is really ...

Harmonic trading-harmonic patterns

Just to mention. Patterns should also be harmonic over time. Your first half and second half are very asymetric in terms of time needed to complete which is not a good thing. Asymmetric setups often suggest support and resistance areas only, not the ...

Harmonic trading-harmonic patterns