3/24/2023 0 Comments Protrader ptmc out of businessIf a pattern is found, the question about its robustness or stability arises. This knowledge will provide an opportunity to understand the conditions under which found dependence may disappear and bring significant losses. Ideally, trader should understand why found dependence works, what market processes stand behind its formation. Anyhow, activity of the real market participants provoked by various reasons stands up for any pattern. From the viewpoint of volatility, the growth of trading activity at the moment of major platforms’ opening or important news release can be called as pattern. Patterns can be of different nature, for example, the well-known graphic patterns, such as head and shoulders or double tops can be observed on the price chart of any financial instrument. Under pattern I will mean the recognizable sequence of some price or non-price data which has a predictive power. Such dependencies are often called as patterns. Herewith, the definition of the pulsed movement is clearly formalized by several parameters, such as time of the impulse formation and its absolute value. Based on this observation, we can formulate the idea of trading: trading in the direction of pulsed movement that was generated on the European trading session. For example, a trader has noticed that after the pulsed asset movement on the European session, the probability to continue the movement on the American session is about 70%. Trading idea is based on a certain stable, periodic dependence of price and non-price data.ĭependence, on which we can earn, should give a possibility to predict with a certain part of probability the subsequent price movement. Trade patterns Hey there, Protraders!Įach trading system is based on trading idea which is characterized by some statistical advantage.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |