Support Board
Date/Time: Tue, 26 Nov 2024 09:51:10 +0000
Post From: Replay is skipping days?
| [2023-12-16 06:16:27] |
| j4ytr4der_ - Posts: 938 |
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I'm going to be especially blunt here, I hope you will take it as constructive criticism =) 1. There is no system that works in both "trending" and "ranging" markets. By definition, this is impossible. They are two entirely different situations that require entirely different ways of trading. If this is your quest, it's no wonder you've struck out! This will never work. 2. Price cannot revert to an average. EVER. The average converges on price. The average is an output OF price, not an input TO price. Price generates averages. Averages do not generate prices. Really think about this if it's not instantly obvious why "mean reversion" is a terrible idea to trade mechanically. 3. It is absolutely possible to say with a certain likelihood, that a given level will trade. This is routine in the order flow world (well, for those who understand it anyway). There are certain setups that happen just about every single day (a few days per year are the exceptions) where you can clearly see the level in question, understand why it is most likely to trade, and then time your entry by watching the volume at price in order to gauge where the passive and aggressive traders are doing business, and join in at an appropriate time. If you want to automate a trading system, this is how you want to focus your efforts. Happy to point you (or anyone) to some helpful resources, just shoot me a message, that invite goes to anyone reading this. |