About My Unique Analysis

I would like open this thread to share with everyone about my trading analysis. And this is my return to FF since i got so much of information here. These analysis is very useful for setting your TP, SL and entry. Knows how the price behaves and understand the formation.

I am not writting too much sentences here, so study and understand it yourself, because i am not promoting products.


1. Analysis of Price Action
a) This studies is about candlestick bar movement, trend pattern, time scenario and wave pattern.
b) This is useful for breakout, ranging ,trending, scalping and swing trading strategy.
c) This studies would provide you the frequency, probability, and time for certain scenario.
d) EURUSD pair only.
*Attachment - Advance Statistical Analysis


2. Analysis of Trend Potential
a) This studies is about the average pips for a trend signal to hold until the next signal arrives.
b) This is very useful for trend trading.
c) This studies would provide you the average pips in uptrend and downtrend, and probability.
d) If you want to test in any pair or any trend indicator. Help and DIY yourself from part of the EA.
e) This is not the trading EA, i am just using this function to generate statistical analysis.

How to use?
1. Put HAS (Heikin-Ashi indicator) into expert indicator folder.
2. Put IA002(EA) into expert folder.
3. Conditions of backtesting
a) Set account balance to the maximum value.
b) The time frame is the time frame that you want to trade.
c) Set the parameter as you wish.
d) Leave optimization button to be blank.
4. Do not click open chart after testing if backtest with long period in M1 time frame to avoid system to be freezed/stuck.
5. Once the backtesting is finish. Copy the trading result under "results" from MT4 backtester into excel.
6. Please refer to excel for further explanation of how to ouput the analysis.
*Attachment - IA002.rar
Open discussion for this project.


3. Analysis of Price Bounce Back
a) This studies is about today price to be bounced back after it touch yesteryday high or low price.
b) This is very useful for this unique pattern trading
c) This studies would provide you the distant of boucing back to low or high from yesterday high/low price and probability as well.
Release soon....
I will open discussion as well for this project because i get profitable result from backtesting.


X. Analysis of Series of Candlestick bar formation
a) This studies is about the series of bar pattern such as bar wick occurs and persists to a certain time.
b) This is very useful for scalping strategy, especially by using high leverage.
c) This studies would provide you the average count of winning and losing cases, probability and expectancy.
Planning...


Thanks.

I think NOW i know how people feel when reading my posts.....I do a bad job at explaining what is on my mind.


Can you in a nut shell summarize your findings for me (in other words) dumb it down for me.

what are the key points to take from your statistics and what outcome or conclusion did you arrive to?

can you make a testable hypothesis and give me a way to falsify your results as for me to duplicate them or rip them apart.

Thanks for your comment.

Sorry about that because i am quite lazy to write so.....many words to explain the meaning, which all have been written inside the PDF.

The analysis is just to brief my understand and analysis about how the price movement and behaviors. Please check in post#01 as i summarize it to make it short.

Yes. The price behaves more like trending especially from day-to-day comparison. Obviously, trend become more ranging if more days are counted into to compare the 1st day's trend.

Thanks bull.bear -

I really like the way you are analyzing the market, so I have many questions about your work. First, I want to find out your definition of trend. It looks like you used a 14 period ATR to measure volatility, and hence, define trend. Would you explain a bit about this? Also, what is your definition for a range market. I think this answer may bring more clarity to me about your work.


The way I view is that if ATR14 reaches a certain level, then you would consider that market trending. Otherwise, you consider the market ranging. In a trending market, you should see more CO+ bars in an uptrend, and more CO- bars for a downtrend. In other words, a potential edge.

This analysis is regarding "Pricing Structure". The purpose is to understand price movement with the relationship of ATR and Overall scenario. I apply ATR > 0.015 (Assume as volatile case) because this used to be default value. And you have noticed the closing price (CO+ & CO-) close farther than low ATR although my analysis do not cover this. So it is obviously, high volatile case contribute to long green or red candlestick bar.

About the trend, this could define that one daily candlestick bar consists of many minutes's bars or hourly's bar or whatever. The meaning is if daily price close higher or lower (Long green and red candlestick bar), so be trending.

Hey everyone!

I have renew this thread and more analysis would be posted here. This is good for everyone and myself.
Thanks.

Let open the discussion about Analysis of Trend Potential. The reason is i find it useful from the backtesting, but i don't know how to interpret them with SL and TP. Please don't ask question without checking the attachments.

Here is one of the result.