Happy New Year. Many green pips to everyone this year. Hi gg53, i am curious about your concept. Please can you throw more light. If you feel my questions will reveal too much of your findings you can ignore the particular question. 1. how do you determine the candle you find signal on? Is it every current candle close that has signal? 2. When do you place your trade? Is it imediately you find the signal on the close price? 3. How long can a trade hit target? And if it doesn’t, how do you cut your loss? 4. Can we categorise this as similarity/Disimilarity Level? 5. Is this related to the concept Diceman555 was talking about in http://www.ff.com/showthread.php?t=478671&page=38 thank you. I will post more question with the chat you posted later? dtlase
1. I consider a candle that the sentiment (or “true” value) is in opposite direction to the Close. 2. Trade should be placed immediately on bars close that confirm #1. 3. Depends on TF, but almost always within just 1 or few bars. 4. No connection to the similarity/Disimilarity (which is just another fancy name for waves, in my opinion). 5. I’ll have to get bach with an answer on that. Haven’t read it yet. G.
Thanks gg53 for your effort and for the reply.
Please how do you filter your trade? I have been looking at this since 2 days and i still find some candle that has not reach target since 19th Dec.
Both candle met your first answer to my question. “” considering a candle that the sentiment (or “true” value) is in opposite direction to the Close“”
If you buy on the close of “A” the target is 1.22912 and if you buy at the close of “B” the target is at 1.22734.
I will open a demo devoted to this concept and see where it takes me in 2 weeks.