The second picture:
Question about moving averages
- Thread starter KGTrader4
- Start date
Your rules are BS because they are not precisely defined. How is a "strong" candle defined? How is an upthrust defined? You need precise mathematical definitions for your rules so that they can be programmed into an algorithm, or perhaps even a spreadsheet.
Send me a PM. I want to share something with you.
No problem, I'll survive somehow.
Next show chart pic when price is NOT trending.
Your analysis is not acceptable as your sample size is too small.
also do not hand pick the charts.
You should analyze it on at least a thousand charts.
Then show us the results.
if out of 1000 charts and your analysis showed it worked on ~ 500 charts,
you should be a billionaire by now.
The good news is it’s never flat on every time frame. You can also switch instruments or add leverage.
Better yet, not use squigglies at all. Use pure price unaltered, unaveraged, unfiltered.
And do what with it in your head? Mentally construct squigglies from past data? You’re still trying to make decisions about the future based on past data. We all are.