Inputs marked with variables. For any input not specified, output is generated.
A% of prior cases where we have gone B days without a C% retracement, we retrace D% over the next E days.
Not a programmer. Could probably figure this out, but also wondering if someone has done this since this seems like a fairly rudimentary way to dissect market data that i have in prior cases just eyeballed.
I know I am asking without offering, so let me present a piece of advice as a gift: As a person's insistence upon giving advice goes up, their ratio of useful information divided by words spoken goes down as a linear function. At some point, the function crosses the 0 on the y-axis, and at this point, the person's advice becomes with each word more and more deleterious should it be taken.
A% of prior cases where we have gone B days without a C% retracement, we retrace D% over the next E days.
Not a programmer. Could probably figure this out, but also wondering if someone has done this since this seems like a fairly rudimentary way to dissect market data that i have in prior cases just eyeballed.
I know I am asking without offering, so let me present a piece of advice as a gift: As a person's insistence upon giving advice goes up, their ratio of useful information divided by words spoken goes down as a linear function. At some point, the function crosses the 0 on the y-axis, and at this point, the person's advice becomes with each word more and more deleterious should it be taken.