Hi FIT!
Thank you for sharing this. I found it insightful, giving me much food for thought. I like it! But ...
I ran a simple simulation on daily AUDUSD data spanning approximately 12 years, determining
(a) Daily buy/sell pressure and then taking the Open/Close differential of the following day as "profit"
(b) Weekly and daily buy/sell pressure and then taking the Open/Close differential of the following day as "profit" ONLY if the the daily and weekly pressures aligned.
Sadly, and much to my surprise, both returned a net loss over the period. I am not trying to trash your system, on the contrary, I like the principle a lot! I am just cautioning that additional filters need to be in place, as you indicated in your last post.
Keep it up, I will scrutinize the thread!
Thank you for sharing this. I found it insightful, giving me much food for thought. I like it! But ...
I ran a simple simulation on daily AUDUSD data spanning approximately 12 years, determining
(a) Daily buy/sell pressure and then taking the Open/Close differential of the following day as "profit"
(b) Weekly and daily buy/sell pressure and then taking the Open/Close differential of the following day as "profit" ONLY if the the daily and weekly pressures aligned.
Sadly, and much to my surprise, both returned a net loss over the period. I am not trying to trash your system, on the contrary, I like the principle a lot! I am just cautioning that additional filters need to be in place, as you indicated in your last post.
Keep it up, I will scrutinize the thread!
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