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A flat is the absence of price directional movement, also called consolidation, a sideways movement in a narrow corridor.
And a trend is a systematic breakthrough by the price of new levels in one direction, naturally with pullbacks, but pullbacks cannot start a new systematic breakthrough of levels in the other direction. Or is there another opinion?
Moving to another timeframe and there is ping pong
You're going to have to trust people
A flat is the absence of price directional movement, also called consolidation, a sideways movement in a narrow corridor.
And a trend is a systematic breakthrough by the price of new levels in one direction, of course with pullbacks, but pullbacks cannot start a new systematic breakthrough of levels in the other direction. Or is there another opinion?
A flat is the absence of a directional price movement, also called a consolidation, a sideways movement in a narrow corridor.
And a trend is a systematic breakthrough by the price of new levels in one direction, of course with pullbacks, but pullbacks cannot start a new systematic breakthrough of levels in the other direction. Or is there another opinion?
ping-pong to boot
They are just words, you can formulate them in different ways, be more specific, write the formula for flat and trend. If it is so easy and unambiguous.
yes it is:
P- current price
Ll - support level
Hl- resistance level
if (P>Ll) {Trend=UP}
if (P<Hl) {Trend=DOWN}
// on these conditions we can say that the previous state has ended and a new one has begun, but the trend or the flat.....
Yes I forgot: delta is still there, how much more or less, fibo not suggested :)
yes it is:
P- current price
Ll - support level
Hl- resistance level
if (P>Ll) {Trend=UP}
if (P<Hl) {Trend=DOWN}
// on these conditions we can say that the previous state has ended and a new one has begun, but the trend or the flat.....
Oh, I forgot: delta is still there, how much more or less, fibo not to suggest :)
Sorry, corrected it:
if (P<Ll) {Trend=DOWN}
if (P>Hl) {Trend=UP}
Sorry, I corrected it:
if (P<Ll) {Trend=DOWN}
if (P>Hl) {Trend=UP}
Nah... you're getting a little out of hand here.... ....
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move on to the concrete action - Combine the flat and trend strategies into one... - while you don't care about the flattening trend (filter, trigger...) - do a concrete implementation....
and then maybe you will figure out how to combine them...
Nah... you're getting a little bent out of shape here.... ....
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