Disliked{quote} Please refute this " And why the high of the next bar can not be between 1.2222 and 1.2211? Imagine candle with the high at 1.2222 closes at 1.2215. Why the next candle (opening at 1.2215) can not have a high at 1.2220? "Ignored
But this is what I have been able to decipher - and I come to no conclusions, just feeding in the numbers:
Data:
Highs of 4 bars: 1.2344, 1.2566, 1.2211, 1.2222
Domain = [n sqred + 1]
Subsequence = [n + 1]
If we set n = 2 then
Domain = 2 squared + 1 = 5
Subsequence = 2 + 1 = 3
Reading this example (http://en.wikipedia.org/wiki/Erd%C5%91s%E2%80%93Szekeres_theorem)yields this experiment....
Increasing Subsequence:
1.2344, 1.2566
1.2211, 1.2222
that's 2 increasing subsequences, taking the given order
Decreasing Subsequence:
1.2566, 1.2211
1.2566, 1.2222
1.2344, 1.2222
1,2344, 1.2211
that's 4 decreasing subsequences, taking the given order
A pip is only worth it if you know how much you risked to earn it