Now we're having a discussion. Thank you, apprendista, thank you Oliver! @Oliver: If I see this correct, then you mainly rely on your MAs. Do you know that an EMA with a calculation period of X will show you on average the price X/2 periods ago. ...

Questions for real pros: How to trade with reference points only?

Fair enough. The tape contained buy/sell volumes. Nevertheless, from what I read there were many traders back then that just noticed key price levels and didn't look at the volumes at all. Well, I'm even not sure whether I'd say Homma used OHLC as ...

Questions for real pros: How to trade with reference points only?

Hey OT, I couldn't agree more with what you wrote. I won't argue with you. All I'm looking for is a simplication. Wouldn't you have drawn the same conclusions just with these 4 reference lines? Why do you think looking at more data is better? Yes, I ...

Questions for real pros: How to trade with reference points only?

Here's something else to show the lines towards I try thinking. All with the hope to find someone who's willed to discuss my questions from above. Of course I know, that most here will think that I'm completely nuts and that they trade successfully ...

Questions for real pros: How to trade with reference points only?

Would you be please a bit more precise? I'm only looking at 4 data points (or maybe a 5th, my entry price). How more can I reduce it further? Where am I overcomplicating it? I previously tried ARIMAs, but I've only seen little to no advantages. As ...

Questions for real pros: How to trade with reference points only?

Here I want to start the discussion with some general ideas I had/found on the reference line trading concept: As mentioned in the 1st post, I imagined two ways of trading reference lines so far (of course, you can use any line you want): 1. prices ...

Questions for real pros: How to trade with reference points only?

PS: To not leave space for misinterpretation ... These are my current thoughts on the matter: Its not that I think dimensions should be neglected. If you look at the images I've posted you see the labels -3, -2, -1, 1, 2 and 3 for the rows and ...

Higher Edge within a Single Candlestick

What an honor to see your reply. Well, I mean you can call it "dimension" if you want to. My problem with this word is that (as far as I perceive it) a physical dimension has the same relation to every other dimension. What CP calls dimensions are ...

Higher Edge within a Single Candlestick

What if it is as simple as that?! MAs are used to smooth price to see the momentum over a longer range. However, MAs lag and so do indicators derived from it. Thus, it's hard to use this information in RT trading. However, when combining the ...

Higher Edge within a Single Candlestick

Lol. I feared that your answer won't be a simple if then else ... The exit management seems to be the crucial inherent part of all successful traders' minds. Yet, nobody talks about it. Where are the marketers that promote a programme to create a ...

in search of minimum wage

Hey hayseed! Congrats - what a stunning record! I wonder if you'd get a bit more into the trade management details: When do you/would you exit your trades? Would you always wait until your signals change? Do you adapt, i.e. do you strengthen/loosen ...

in search of minimum wage

Losses? Of course ... Ok, but where to end. I guess at another zero, 0?!

Higher Edge within a Single Candlestick

lol - just wanna ask if you'd like to elaborate on it, how many reference points you'd use (static/moving), etc.

Higher Edge within a Single Candlestick

Long time no see, @TracingDelta. I hope you're fine! Looked at your thread again and want to beg your statements with some stats. First, I used a discriminant analysis on principal components (DAPC) to predict if the last candle's high/low has been ...

High/Low Strike