Billyon replied to the topic STILL CONFUSED ABOUT TRANSIENT ZONES in the forum General Discussions 10 years, 5 months ago
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| Membership Revoked | Joined Oct 2012 | 466 Post…[Read more]Billyon replied to the topic STILL CONFUSED ABOUT TRANSIENT ZONES in the forum General Discussions 10 years, 6 months ago
That is only a possibility. The last price have indeed been touched more than once.
Still you can test an idea of recurrence to the last price in a bar regardless of how many times it was touched during that active bar. This will be based on bar as such.
((Those indicators calculate the whole percentage of transient zones for certain…[Read more]
Billyon replied to the topic STILL CONFUSED ABOUT TRANSIENT ZONES in the forum General Discussions 10 years, 6 months ago
many indicator have been made. KPRSA, ZELO, Northtrader, KPRSA, Freefox, SaverO, and many others created indicators.
Billyon replied to the topic Stairstep Breakouts indicator and EA in the forum Trading Systems Discussion 10 years, 6 months ago
POSSIBILITIES WITH ROSSBOT
Billyon replied to the topic Stairstep Breakouts indicator and EA in the forum Trading Systems Discussion 10 years, 6 months ago
POSSIBILITIES WITH ROSSBOT
Billyon replied to the topic STILL CONFUSED ABOUT TRANSIENT ZONES in the forum General Discussions 10 years, 6 months ago
How to benefit from that is were people get discouraged.
One would need to prove the probability of this themselves to have confidence that the figure speaks truth. One would need a plan and understanding on actions to take given the rare event takes place while they are in the trade and in deep drawdown. This plan of action will make one viable…[Read more]
Billyon replied to the topic STILL CONFUSED ABOUT TRANSIENT ZONES in the forum General Discussions 10 years, 6 months ago
1. It would be extremely rare. Price row
2. We consider tails because the idea splintered into many other concepts
Last price in the tail may indeed be transient given it was only touched once.
He was not talking about middle transient zones. He was talking about price not even zones…
Price is recurrent 97% of the time overall as a…[Read more]
Billyon replied to the topic STILL CONFUSED ABOUT TRANSIENT ZONES in the forum General Discussions 10 years, 6 months ago
1. It would be extremely rare. Price row
2. We consider tails because the idea splintered into many other concepts
Last price in the tail may indeed be transient given it was only touched once.
He was not talking about middle transient zones. He was talking about price not even zones…
Price is recurrent 97% of the time overall as a…[Read more]
Billyon replied to the topic Stairstep Breakouts indicator and EA in the forum Trading Systems Discussion 10 years, 7 months ago
Thank you brother!!!!
Billyon replied to the topic Transient & Recurrent Zones in the forum Trading Systems Discussion 10 years, 8 months ago
Copied from my post of FF
So
The problem I see with the indicators created to see transient zones is that they include the wick . If an adjustment can be made such that the left side of the zone depends on the bar’s close we can capture the zones that are based on the left H breakout bar.
To capture zones based on a constant price we can select…[Read more]
Billyon replied to the topic Transient & Recurrent Zones in the forum Trading Systems Discussion 10 years, 8 months ago
Copied from my post of FF
<br style=”color: #000000; font-family: Verdana, Helvetica, sans-serif; font-size: 12.32px; line-height: 17.248px; background-color: #f4f6f9;” />The problem I see with the indicators created to see transient zones is that they include the wick . If an adjustment can be made such that the left side of the zone depends…[Read more]
Billyon replied to the topic Transient & Recurrent Zones in the forum Trading Systems Discussion 10 years, 8 months ago
Copied from my post of FF
So<br style=”color: #000000; font-family: Verdana, Helvetica, sans-serif; font-size: 12.32px; line-height: 17.248px; background-color: #f4f6f9;” /><br style=”color: #000000; font-family: Verdana, Helvetica, sans-serif; font-size: 12.32px; line-height: 17.248px; background-color: #f4f6f9;” />The problem I see with the…[Read more]
Billyon replied to the topic Stairstep Breakouts indicator and EA in the forum Trading Systems Discussion 10 years, 8 months ago

Billyon replied to the topic Stairstep Breakouts indicator and EA in the forum Trading Systems Discussion 10 years, 8 months ago
So thinking about transient zones or more properly Possible transient zones (PTZs)
SSBO method would seem a good union. Given that SSBO is consolidation breakouts it stands to reason that a PTZ is formed at the breakout point. Is there a way to add a grid option for entering more positions as price breaks away from the CZ with initial counter…[Read more]
Billyon replied to the topic Stairstep Breakouts indicator and EA in the forum Trading Systems Discussion 10 years, 9 months ago
XUX99
Could you add a anchor candle direction filter?
above or below anchor candle’s open determines if breakout is triggered on first trade in the set
so if daily candle is the anchor and price is above open first trade can only breakout long…ETC
Anchor candle can be 5 minutes – monthly
I like weekly myself.
Stair Stepping in the…[Read more]
Billyon replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 10 months ago
Your plan of action during a runaway losing drawdown should be the focus of study at this point. It will happen! What will you do? What is your max deviation from entry?
Yes variations of this idea have been looked at. Think FxJay
Before your forward test have your management plan in place/conceptualized. You let the trade ride without an…[Read more]
Billyon and
smallcat are now friends 11 years, 1 month agoBillyon's profile was updated 11 years, 1 month ago
Billyon replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 11 years, 1 month ago
Thanks SaverO!!!
Enjoying this topic!!!
Billyon replied to the topic Master candle expert advisor in the forum Trading Systems – Development 11 years, 2 months ago
EA works fine for me.
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