Can I-Ching work for forex market? | Forex Factory

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Can I-Ching work for forex market?

  • #1
  • First Post: Edited Jul 24, 2012 3:45am Jul 23, 2012 10:36am | Edited Jul 24, 2012 3:45am
I have developed a method based on the dynamic play of yin (Bear Candle) and yang (Bull Candle) described by I-Ching. I call it I-Ching Energy (ICE) Plot. Here is an example for AUS/USD hourly chart for last week. The 0 axis is the devider of Yin and Yang Energy. I feel it works better than the MACD. It seems more precise for entry/exit point. Let me know if anybody interested in it.

"ICE keeps your head cool"!

10double
  • #2
  • Jul 23, 2012 8:48pm Jul 23, 2012 8:48pm
Quoting 10double
I have developed a method based on the dynamic play of yin (Bear Candle) and yang (Bull Candle) described by I-Ching. I call it I-Ching Energy (ICE) Plot. Here is an example for AUS/USD hourly chart for last week. The 0 axis is the devider of Yin and Yang Energy. I feel it works better than the MACD. It seems more precise for entry/exit point. Let me know if anybody interested in it.

"ICE keeps your head cool"!

10double
"Can I-Ching work for the Forex market?"

Well, if we base the answer on your 5 day example it would be inconclusive. Thats way too short a time period.

If we base it on our gut feelings or first impressions, it would tell us more about ourselves than the trading method. So that would be inconclusive also.

Here's a weird idea. I hadnt played around with I-Ching in years, but I found a web site with free online readings. I posed the question directly to it, and heres the result.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ICE1.jpg Size: 168 KB
Click to Enlarge Name: ICE2.jpg Size: 167 KB
  • #3
  • Jul 23, 2012 9:26pm Jul 23, 2012 9:26pm
Most of people think about I Ching is like throwing a dice. It is not that mystical. Once you really know it. It can be quantified. That is what I have done. A quantified I Ching Energy method ICE. I think the forex market, as well as any other financial market is vivid manifestation of dynamic play of Yin and Yan, it is therefore follows I Ching patterns. I have find a way to quantify it and you can see how the ICE changes on a ICE chart. I will post a year long AUS/SUD chart tomorrow. it will be too crowd for longer time period.
  • #4
  • Jul 23, 2012 10:31pm Jul 23, 2012 10:31pm
Quoting 10double
I have developed a method based on the dynamic play of yin (Bear Candle) and yang (Bull Candle) described by I-Ching. I call it I-Ching Energy (ICE) Plot. Here is an example for AUS/USD hourly chart for last week. The 0 axis is the devider of Yin and Yang Energy. I feel it works better than the MACD. It seems more precise for entry/exit point. Let me know if anybody interested in it.

"ICE keeps your head cool"!

10double
Second chart's really nice: Lots of opposition, so much the left- and right-most TLs' patterns upside-down and backwards of each other.
Interested in how you quantify chart balance, as I may put it.
  • #5
  • Jul 23, 2012 11:52pm Jul 23, 2012 11:52pm
10double,

How you plot the I-Ching Energy (ICE)?? Are you using excel to formulate it??

Rgds
  • #6
  • Jul 24, 2012 3:14am Jul 24, 2012 3:14am
Quoting ha-pattern
(...)
Interested in how you quantify chart balance, as I may put it.
I second this query.
  • #7
  • Jul 24, 2012 4:00am Jul 24, 2012 4:00am
Can't see any charts...
福 子 Victor V
  • #8
  • Jul 24, 2012 8:14am Jul 24, 2012 8:14am
Here is the hourly ICE data for AUS/USD. You can draw your own conclusion. Good Luck!

10 double
Attached File(s)
File Type: xls ICE.xls   454 KB | 1,028 downloads
  • #9
  • Last Post: Nov 12, 2017 9:40am Nov 12, 2017 9:40am
Quoting 10double
I have developed a method based on the dynamic play of yin (Bear Candle) and yang (Bull Candle) described by I-Ching. I call it I-Ching Energy (ICE) Plot. Here is an example for AUS/USD hourly chart for last week. The 0 axis is the devider of Yin and Yang Energy. I feel it works better than the MACD. It seems more precise for entry/exit point. Let me know if anybody interested in it. "ICE keeps your head cool"! 10double
Hi 10double,

I am interested in it. It would be great if you can share with me.

Thanks,
Phong
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