Sorry, i'm sure this info is out there somewhere but after hours googling i've given up.
I'm IT illiterate and was hoping someone could set up a backtest for me of 1m data on Eur/Usd (or tick data if possible)
I want a backtest that will give me the probability of consecutive highs or lows versus reversals. The difficult bit is i want it by waves, not by bars, so not sure how to quantify the wave, maybe high/low in x bars is the only way.
In simple terms, i want to know if a wave on a one minute chart breaks the high of the previous wave, what is the probability that the next wave will also break the high of the new wave.
I am willing to pay someone for their time to do this if it's not as straight forward as it seems and they have sufficient experience (and data).
Edit: also if i'm paying someone will probability want a bit more data, like probability of 2 consecutives, 3 consecutives etc
I'm IT illiterate and was hoping someone could set up a backtest for me of 1m data on Eur/Usd (or tick data if possible)
I want a backtest that will give me the probability of consecutive highs or lows versus reversals. The difficult bit is i want it by waves, not by bars, so not sure how to quantify the wave, maybe high/low in x bars is the only way.
In simple terms, i want to know if a wave on a one minute chart breaks the high of the previous wave, what is the probability that the next wave will also break the high of the new wave.
I am willing to pay someone for their time to do this if it's not as straight forward as it seems and they have sufficient experience (and data).
Edit: also if i'm paying someone will probability want a bit more data, like probability of 2 consecutives, 3 consecutives etc