Ok so the 97% recurrent theory is for price overall.
Does it even matter unless we are at overall price extremes? Thinking out loud...
H recurrent statistic indy works if it's based on price not bars, or more rather bars and price are separated. Bars for time statistic and price for recurrent probability with the H parameters chosen. Being That wicks are not included in this indy, I feel it a flaw since I consider wicks clearly recurrent prices. Much respect for Kprsa and his work. I'd love for thoughts from him.
Does it even matter unless we are at overall price extremes? Thinking out loud...
H recurrent statistic indy works if it's based on price not bars, or more rather bars and price are separated. Bars for time statistic and price for recurrent probability with the H parameters chosen. Being That wicks are not included in this indy, I feel it a flaw since I consider wicks clearly recurrent prices. Much respect for Kprsa and his work. I'd love for thoughts from him.
Solutions ONLY!!!