{quote} Well...we all have different rules on how we trade these zones and setups, so i think it really boils down to what our rules tells us to do once a price level as identified as a high probability target.
{quote} No, the k statistics is done exclusively for fully transient zones (bars). There is a remark in the text about that. k
{quote} Sorry, it seems that my question (English) is equivocal. My bad. What I wanted to ask that k statistics obviously stand for H -fully transients zones, not for all bars transient zones, does it? Thanks again and sorry to be too narrow(k)minded
Hi all, here is the version of the Recurrence Statistic that is lighter on the processor (the big calculation is done once every bar now, even this is an overkill). I have left the labels the same for continuity, even though the label of k is imprecise. Several minor bugs have been fixed. I guess it is best if somebody else gives a version with alerts if required, best not to complicate the basic version too much. I add a pdf that covers the basic usage of the indicator. Happy trading, k {file} {file} {image} Edit: error in text corrected, thanks...
{quote} 'home brewed'
{quote} You would be a great politician here in the States!
{quote}Beautiful work! I sent your pdf around Kprsa, friends must read it. Nice!
{quote} Yes the code verifies the theorem applied to the high and low. But you should separate those. Sub-sequence theorem for highs or lows, better not to mix those together, hence it doesn't matter if we are in a downtrend or uptrend. And it is not possible to predict the next bar's high or low. The only thing we now for sure, the after 5 bars invalidated the theorem, we know the next 5 bars have high probability to validate the theorem. What to do with this information? Still don't know.
Hi all, here is the version of the Recurrence Statistic that is lighter on the processor (the big calculation is done once every bar now, even this is an overkill). I have left the labels the same for continuity, even though the label of k is imprecise. Several minor bugs have been fixed. I guess it is best if somebody else gives a version with alerts if required, best not to complicate the basic version too much. I add a pdf that covers the basic usage of the indicator. Happy trading, k {file} {file} {image} Edit: error in text corrected, thanks...
. Hm, there are so many diamonds here, i need to read this thread from post #1 again (and other thread too), will come back again later .... 
{quote} {quote} Thank you very much mates ... Nice posts, these help me a lot.
