VSA Trading Telegram Group: https://t.me/VSABTC
- We Educate and Share Signals
________________________________________________________
I just love coding. I have coded a ton of things,
but 99% of time they was bassicaly a waste of time......except I
learned to code realy well after a year+ of doing it.
And yes...I was searching for the holly grail, didnt we all!???
(sadly, I didnt find one)
This indicator is certanly not a holy grail either!
Since I love math and logics cos they dont lie, I figured, hey....
let me code some statistical indicator based only on math...after all,
isnt a trading just a form of game with the odds 50-50....ok, maybe smaller,
ratio is skewed to broker advantage (aka spreads).
(And no, Im not saying the market is a random game cos it is NOT!!!)
I tested all bar types and formations, using statistical math
to get a ratios and percentages of them across all pairs, all timeframes
and the math is saying that there is no edge in any of them...
I tested bars after the "signal" from combos of bars....
I "exactly" know how many times will some signal occur in last x bars of testing......
I know what is the possibility of type of bar after the signal.....
I know what average range of that bar will be...etc...
But, I didnt find a one solid edge with all that testing!
Indicators are something I dont even need to test to know that
you want find a adge in them...I dont use them!!!
I coded this with the things I do use for trading......
Those are;
-Average daily range
-Fib ratios
-Inside and outside bars
-Digital signal processing(for noise filtering), but it is used only
in another indicator wich combines all of the things above and signals
to buy or sell...will talk about that later.
After a lot of work, this is what it looks alike...........
Ill talk about it later...see ya
- We Educate and Share Signals
________________________________________________________
I just love coding. I have coded a ton of things,
but 99% of time they was bassicaly a waste of time......except I
learned to code realy well after a year+ of doing it.
And yes...I was searching for the holly grail, didnt we all!???
(sadly, I didnt find one)
This indicator is certanly not a holy grail either!
Since I love math and logics cos they dont lie, I figured, hey....
let me code some statistical indicator based only on math...after all,
isnt a trading just a form of game with the odds 50-50....ok, maybe smaller,
ratio is skewed to broker advantage (aka spreads).
(And no, Im not saying the market is a random game cos it is NOT!!!)
I tested all bar types and formations, using statistical math
to get a ratios and percentages of them across all pairs, all timeframes
and the math is saying that there is no edge in any of them...
I tested bars after the "signal" from combos of bars....
I "exactly" know how many times will some signal occur in last x bars of testing......
I know what is the possibility of type of bar after the signal.....
I know what average range of that bar will be...etc...
But, I didnt find a one solid edge with all that testing!
Indicators are something I dont even need to test to know that
you want find a adge in them...I dont use them!!!
I coded this with the things I do use for trading......
Those are;
-Average daily range
-Fib ratios
-Inside and outside bars
-Digital signal processing(for noise filtering), but it is used only
in another indicator wich combines all of the things above and signals
to buy or sell...will talk about that later.
After a lot of work, this is what it looks alike...........
Ill talk about it later...see ya
forexflash