Thanks!

Trading made simple with added BS

I can see some aggregations that I was not calculating in the way described above. Like previously taking a lookback period of some number, and looking at either up or down bars independently and creating stats based on that. So my stats would have ...

Trading made simple with added BS

Something interested for those following... So I've been thinking about the question I asked earlier pretty hard. Attached in the picture, you can see some stats I've compiled. Where it is the rolling percentage of upWeek where the Low stayed within ...

Trading made simple with added BS

Great discussion in this thread. I understand the distances are just made up. I.e. 50 tics is just a number you threw out there. It could be for any period over the last number of bars that your distances could be 70 tics, 98 tics or some other ...

Trading made simple with added BS

Can I asked why you pick the %'s the way you do? With picking the bottom wick distribution that lands below x-tics 50% of the time, A Close > y-tics 40% of the time? I see the edge is dependent upon the y-tics outnumbering the x-tics. But is there ...

Trading made simple with added BS

Some more thoughts as I think my original ideas need some better logic. So, if I wanted to trade and specific TF(Weekly for example), how to place trades? I was thinking that initially I'd just think of the idea of how to trade if I was deciding to ...

Trading made simple with added BS

My logic was all wrong I suppose. I was thinking initially one way to look at things would be to take what was your small and long side of a candle, and look to trade with the statistics when price went beyond an average smaller distance, i.e. some ...

Trading made simple with added BS

ZOMG I was so confused by that.

Trading made simple with added BS

Hmmm.... so I've got something similar, and that was the part I mentioned that had tracks the large to small portion of a candle. I.e. that one body/BO is on average a tad shy of 3.5x the other. I planned on creating metrics strictly for UP vs. DOWN ...

Trading made simple with added BS

Some basic gatherings. The two charts attached are the BOs, referencing the idea of the how a wick is created above. So BOs and retracements. The retracements are shown in the other picture. Just from the distributions, MOST of them fall in the ...

Trading made simple with added BS

Not trying to be cheeky, but is that the answer?

Trading made simple with added BS

First thought is what is in the attached picture. Or is the point just the last traded price(close), I.e. what is last or currently known.

Trading made simple with added BS

I know that I know nothing. Admittedly so. But it seems often the meaning of "timeFrame" and 'bar resolution' or conflated. Bar resolution is the arbitrary way we choose to view historical data on a chart. Time frame is the amount of data spanning ...

Trading made simple with added BS

Has anyone thought about what "THE 5" is? ALso what things could be useful to take frequency distributions of? Some of the things I was wondering about...

Trading made simple with added BS

I've noticed a particular thought process in your posts. Does your way of thinking about candles lead you to a similar set of trades each day(Assuming day trading a daily candle)? How many trades would you take at the same candle you are trading? To ...

About Candlesticks: Why they were created? What do they reveal?

Just needs to have 'spoiler alert' somewhere near the answer. Just so that you don't read the answer accidentally while still reading the content of the post. Like putting it at the bottom of the post, and saying something like 'answer below' with ...

Which type of trader are you?

I swear the answer I thought of initially was literally to just walk around the wall. But then when the given tools were described, I thought this meant I had to actually figure a way to crest the very top of the wall and engineer some type of ...

Which type of trader are you?

New Experiment... lols. I'm upset that I can't rotate my monitor the other direction

About Candlesticks: Why they were created? What do they reveal?

Obviously.

About Candlesticks: Why they were created? What do they reveal?

So, a while back, I was reading a popular thread on ET, that somewhat seems to relate to the cognitive bias problems we may have when viewing a chart. In that we are NOT seeing things that are clearly on the chart. I have been thinking about this ...

About Candlesticks: Why they were created? What do they reveal?