I would like open this thread to share with everyone about my trading analysis. And this is my return to FF since i got so much of information here. These analysis is very useful for setting your TP, SL and entry. Knows how the price behaves and understand the formation.
I am not writting too much sentences here, so study and understand it yourself, because i am not promoting products.
1. Analysis of Price Action
a) This studies is about candlestick bar movement, trend pattern, time scenario and wave pattern.
b) This is useful for breakout, ranging ,trending, scalping and swing trading strategy.
c) This studies would provide you the frequency, probability, and time for certain scenario.
d) EURUSD pair only.
*Attachment - Advance Statistical Analysis
2. Analysis of Trend Potential
a) This studies is about the average pips for a trend signal to hold until the next signal arrives.
b) This is very useful for trend trading.
c) This studies would provide you the average pips in uptrend and downtrend, and probability.
d) If you want to test in any pair or any trend indicator. Help and DIY yourself from part of the EA.
e) This is not the trading EA, i am just using this function to generate statistical analysis.
How to use?
1. Put HAS (Heikin-Ashi indicator) into expert indicator folder.
2. Put IA002(EA) into expert folder.
3. Conditions of backtesting
a) Set account balance to the maximum value.
b) The time frame is the time frame that you want to trade.
c) Set the parameter as you wish.
d) Leave optimization button to be blank.
4. Do not click open chart after testing if backtest with long period in M1 time frame to avoid system to be freezed/stuck.
5. Once the backtesting is finish. Copy the trading result under "results" from MT4 backtester into excel.
6. Please refer to excel for further explanation of how to ouput the analysis.
*Attachment - IA002.rar
Open discussion for this project.
3. Analysis of Price Bounce Back
a) This studies is about today price to be bounced back after it touch yesteryday high or low price.
b) This is very useful for this unique pattern trading
c) This studies would provide you the distant of boucing back to low or high from yesterday high/low price and probability as well.
Release soon....
I will open discussion as well for this project because i get profitable result from backtesting.
X. Analysis of Series of Candlestick bar formation
a) This studies is about the series of bar pattern such as bar wick occurs and persists to a certain time.
b) This is very useful for scalping strategy, especially by using high leverage.
c) This studies would provide you the average count of winning and losing cases, probability and expectancy.
Planning...
Thanks.
I am not writting too much sentences here, so study and understand it yourself, because i am not promoting products.
1. Analysis of Price Action
a) This studies is about candlestick bar movement, trend pattern, time scenario and wave pattern.
b) This is useful for breakout, ranging ,trending, scalping and swing trading strategy.
c) This studies would provide you the frequency, probability, and time for certain scenario.
d) EURUSD pair only.
*Attachment - Advance Statistical Analysis
2. Analysis of Trend Potential
a) This studies is about the average pips for a trend signal to hold until the next signal arrives.
b) This is very useful for trend trading.
c) This studies would provide you the average pips in uptrend and downtrend, and probability.
d) If you want to test in any pair or any trend indicator. Help and DIY yourself from part of the EA.
e) This is not the trading EA, i am just using this function to generate statistical analysis.
How to use?
1. Put HAS (Heikin-Ashi indicator) into expert indicator folder.
2. Put IA002(EA) into expert folder.
3. Conditions of backtesting
a) Set account balance to the maximum value.
b) The time frame is the time frame that you want to trade.
c) Set the parameter as you wish.
d) Leave optimization button to be blank.
4. Do not click open chart after testing if backtest with long period in M1 time frame to avoid system to be freezed/stuck.
5. Once the backtesting is finish. Copy the trading result under "results" from MT4 backtester into excel.
6. Please refer to excel for further explanation of how to ouput the analysis.
*Attachment - IA002.rar
Open discussion for this project.
3. Analysis of Price Bounce Back
a) This studies is about today price to be bounced back after it touch yesteryday high or low price.
b) This is very useful for this unique pattern trading
c) This studies would provide you the distant of boucing back to low or high from yesterday high/low price and probability as well.
Release soon....
I will open discussion as well for this project because i get profitable result from backtesting.
X. Analysis of Series of Candlestick bar formation
a) This studies is about the series of bar pattern such as bar wick occurs and persists to a certain time.
b) This is very useful for scalping strategy, especially by using high leverage.
c) This studies would provide you the average count of winning and losing cases, probability and expectancy.
Planning...
Thanks.
Attached File(s)
Advance Statistical Analysis.pdf
3.4 MB
|
832 downloads
|
Uploaded Sep 28, 2012 11:06pm
IA002.rar
194 KB
|
305 downloads
|
Uploaded Dec 2, 2013 8:34am