From theory to practice. Part 2 - page 53
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but didn't find anything interesting.
And that's the beauty of it. One of the interesting things about the charts. One kid's been spit out. Zig-zag's too crude, it equates everything.
And that's the beauty of it. One of the "interesting things" about the charts. One kid's been spit out. Zig-zag is too crude, it equates everything.
Zig-zag is quite good for preliminary studies as it saves all price spikes. At the same time it removes a lot of junk like useless volatility fluctuations.
In this particular case we studied how a small zigzag forms a large one (no significant differences from the SB). The way the candles of a smaller timeframe form the candles of a larger timeframe looks, unfortunately, not so clear.
In case you wanted to report something specific, you failed.
OK. You open a trade, it is immediately at a loss by the amount of the spread. Should we close it now?
Yes, of course. Open immediately to the opposite side. Do not forget about Martingale.
After that we must analyze the distribution of profits and thin them.
In this particular case studied how a small zigzag forms a large one (no significant difference from SB).
There seems to be an elusive micro correlation on candlesticks at different scales, but when you get to the ticks you get plus minus SB... BUT even unambiguously hopeless hope dies last.... )))) Besides, even occasional gains warm that very hope))))
OK. You open a trade, it is immediately at a loss by the amount of the spread. Should we close it now?
Different TS have different stoploss levels. Scalpers have one, medium-term strategies have another. It is impossible to give a single recommendation for all TS. We can only recommend to make sure the stop loss value is lower than the take profit value.
The ZigZag is an interesting thing. If you detrend it, you get a bimodal distribution, and if you detrend it mirrored, you get a unimodal distribution.
Different TS have different stoploss levels. Scalpers have one, medium-term strategies have another. It is impossible to give a single recommendation for all TS. We can only recommend that the stop loss value should be lower than the take profit value.
Take Profit is for the "slow thinkers".
First, this artificial device is in no way connected with the market...
And secondly, the RIGHT way to close a position is based on an algorithm, tied to the market, but not on an abstract number...
Applying takeprofit is a standard rookie mistake.
The ZigZag is an interesting thing. If you detrend it, you get a bimodal distribution, and if you detrend it mirrored, you get a unimodal distribution.
Interesting) and what does it meanto deNtrend?
DeNtrending - I don't know of such a thing.
DeNtrending - I don't know that one.
Well detrend.
In principle you don't need to, you found out without you.
If anyone is interested in detrending, there is a good description here.
https://www.mql5.com/ru/articles/320(4th point)