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I don't see anything trend following in this system, just a stupid indicator pattern with positive statistics, no guarantees, no trend, we have no idea what the trend is at each current moment of code arrival
The lack of trend definition in your system is a big omission, if only for the reason that big profits are only in trend and everything else is irrelevant. I am sure that if you add the definition of a general trend to your system, for example from large charts of 4 - 8 hours, and open only in the direction of the trend, then the output results will improve significantly.
" adjusting to history".
We are trying to predict the future based on the past, everybody does that, and as for describing the market, the indicator performs this task, it smoothes it out, tries to identify trends and patterns, after all, all indicator experts work with an event on the indicator, we have tried to describe the maximum number of events and used them for statistics, but how else?
Can you lay out your classification of markets? How many types of markets are there in your model? Otherwise we are getting into the thick of things.
I never realised that it turned out to be as unpleasant to mooch as it is to mooch.
it's still unpleasant. :)
"we want..."
it's still unpleasant. :)
we classify roughly: bullish or bearish and how many waves it already is, where the current wave is going in this or that market at the moment, and what the wave is doing in the higher timeframe
It would not be a bad idea to first define the problem statement and decide for yourself what you want.
First you write that you don't define a trend as such. Two posts below, the wave markup appears. And this is without defining a trend?
It would be a good idea to start by defining the problem and deciding for yourself what you want.
First you write that you don't define a trend as such. Two posts below, the wave markup appears. And this is without defining a trend?