It’s simple, really…

Compare current bar CLOSE price to other representations of “current price”.

You’ll find signals that the “CLOSE” is actually not representing current market sentiment.

In most cases “CLOSE” price will correct itself, move to the “right” direction and hit the “correct” price on his way.

G.

It’s simple, really…

Compare current bar CLOSE price to other representations of “current price”.

You’ll find signals that the “CLOSE” is actually not representing current market sentiment.

In most cases price will correct itself, move to the “right” direction and hit the “correct” price on his way.

G.

The signals are immediatly after bar CLOSE.

There are more samples in this chart, just didn’t want to clutter it, just to show the pricipal.

It works on ALL timeframes.

Thanks, MTH.
But Renko in this configuration are always 45 degreeas, and I need to “filter out” bars that extend beyond that.
Another problem with that method is loosing track of “time” – i.e WHEN the predicted price will be, according to the rate of change.

G.

Thoughts on Filtering data:

Price that moves above/below 45 degrees from current, will soon enough return to that level or lower/higher.

Maybe I’ll use that as a filter. There is a slight problem calculating degrees in price/time chart… Edward Gann solved it ages ago, so I think I can…

G.

Thoughts on Filtering data:

Price that moves above/below 45 degrees from current, will soon enough return to that level or lower/higher.

Maybe I’ll use the as a filter. Also there is a slight problem calculating degrees in price/time chart… Edward Gann solved it ages ago, so I think I can…

G.

Ok, It’s action time.

Rough system overview:

1. Historical data filtering. Every decent statistical study “filter” its data and exclude abnormal “spikes”.

Using filtered data will also make it easier for any learning algorithm and reduce the “error” margin.

2. Filtering Real-time data feed. Shouls use same methods as #1.

3. Channel of pr…[Read more]

I’m glad that “someone” else saw the light about Fractals on the “Close”…

Good job, Saver0 !

G.