Some discretion I think is still necessary at this stage until further indicators are made. I agree there are things that look visually great but fall short when coded into an indicator. In my opinion this is because the brain is “creating” additional indicators that when coded, are not taken into account.

What I am testing now is something that…[Read more]

Short update. I have found SOME evidence that pivots and PTZs provide directional bias, but I will continue to test to verify this in a live setting.

@Saver0 Thanks for the explanation! I have put in about 2000 hours in the past 2 years or so, so I think I am on the right track! haha. I think there is much to learn from someone who has better technical ability (coding) and hours than I do. I’m working on optimization and creating a dashboard for my current work that is based on the assumption…[Read more]

Hey @Saver0, thanks for the numbers. Before I get into some of the other things I’ve been working on, I do have a question about the second half of what you wrote. Echoing @Rahat Lukum, concerning “directionless bias”, don’t PTZs have a directional bias? The universal number seems to be about 82-87%. That is, if I am looking at a PTZ on eurusd 1hr…[Read more]

I want to first tackle what the most natural question for me concerning pivots. How often are they hit?

First attached are some base line probabilities and numbers for eur/usd D1:

Every pivot that I attempt, if done for this type of statistic, is tested against these numbers. One of the interesting things about pivot work that I noticed as I…[Read more]

I’m not quite a fan of making too many private groups. Open discussion of methods is what (i believe) all of us here. If it weren’t for all the people who shared what they did in various other blogs and in the thread on FF, most of us wouldn’t be here. The people who have begun to “see” something for the first time due to that thread also probably…[Read more]