DislikedConclusion: By studying the price history we found that: - RSI generates very poor signal. I can explain why but it is out-of-scope in this thread. - Trends clearly exist and provides some edge even with a 15 bar lagging indicator. - The noise is so huge that the expectancy produced by the trend is inexploitable short term. - Because of this terrible signal-to-noise ratio test statistics are inefficient with market data. This explains why the pure random walk assumption is easily accepted.Ignored
So lets say i would, kind of sort of see a break of a previous high or low what you would see on lets say H4. Then IN GENERAL, i cant quite say why in mathematical terms, trading in the same direction as the break is SLIGHTLY smarter statistically speaking, then doing the opposite. Buts its no way near enough for sort of a career or a purely mathematically defined, easily repeated way of trading such as: If X happens then do A.
My signature is: "Classified".