DislikedIf you are trying to determine positive expectancy on a combination of technical patterns or some sort of "new" technical patterns or candles...really...all that really is....is Trendline or Trendline with S/R that has been re-juggled, re-shuffled, or re-arranged. Nothing more or less. That is what all technical patterns/candles are. TL or TL + S/R. Instead of running backtest to oblivion on this "interesting technical pattern" to determine their positive expectancy...frankly, i can think of a number of solid ways to robustly trade...Ignored
DislikedWhen i first read a couple of CUSTOS posts about positive expectancy/backtest, i thought he was talking about fundamentals...then i read a couple more then i realized that he was talking about technical patterns. It seems to me all that effort could have been bypassed by simply seeing technical patterns for what they all are: TL or TL + S/R and then mastering how to properly do (a) linear regression analysis (b)depth understanding of supply and demand zones.Ignored
DislikedIt is all about knowing how to use them. You cannot use a hammer to do the job of a chainsaw and then complain about poor results.Ignored
DislikedNow, if anybody has some fundamental scenarios or model that is robustly reasoned, that will definitely pique my interest.Ignored
cheers.