Message to all programmers: NEW tip to improve EA/indicator
See the printscreen: you see 3 M patterns. Often they are in this order: big M, small M, big M, small M.
Problem:
The problem is that it's hard to pinpoint when a ranged or trend market will start. (although the third leg of the M gives 10% higher probability since you are trading in the direction of the trend).
Tip to improve EA/indicator:
The size of the candle && swing is not so predictable, namely amplitude of candle or swing (height in price) and length of swing. Compare this with hand writing. A chart repeats the letter M over and over, but each M is in a different hand writing.
Conclusion:
Integrate a function, calculation or parameter which reads the handwriting of the letter M in a Forex chart. If you don't understand, please reply below. Otherwise, if you do understand, please reply also and tell all the programmers your idea how to implement a function to 'read the letter M in a chart'. Also, if you don't know how to implement, then your assignment is to google for 'how can robots/programs recognize hand writing from 100s of different people'.
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Message to all programmers: NEW tip to improve EA/indicator
samusmus, Sun Aug 25, 2019 6:00 pm