Gamestudio Links
Zorro Links
Newest Posts
ZorroGPT
by TipmyPip. 01/22/26 09:32
Buy A8 Pro Version
by Spirit. 01/21/26 21:37
Bar missing bug?
by jcl. 01/19/26 10:47
400 free seamless texture pack downl. here !
by NeoDumont. 01/18/26 19:09
FXCM demo test failed
by qin. 01/13/26 13:53
AUM Magazine
Latest Screens
Rocker`s Revenge
Stug 3 Stormartillery
Iljuschin 2
Galactic Strike X
Who's Online Now
3 registered members (TipmyPip, qin, 1 invisible), 9,128 guests, and 3 spiders.
Key: Admin, Global Mod, Mod
Newest Members
Castromangos, Quantum, stephensdeborah, promfast, joe_kane
19193 Registered Users
Previous Thread
Next Thread
Print Thread
Rate Thread
Pattern Analyzer #478498
10/30/19 17:55
10/30/19 17:55
Joined: Oct 2019
Posts: 10
Clifford_B Offline OP
Newbie
Clifford_B  Offline OP
Newbie

Joined: Oct 2019
Posts: 10
Is the Pattern Analyzer discussed at length in the Black Book with examples that are not in the Manual?

I need more education on pattern analyzer.

Re: Pattern Analyzer [Re: Clifford_B] #478499
10/30/19 20:00
10/30/19 20:00
Joined: Feb 2017
Posts: 1,811
Chicago
AndrewAMD Offline
Serious User
AndrewAMD  Offline
Serious User

Joined: Feb 2017
Posts: 1,811
Chicago
The book walks through the development of a candle pattern trader - and then it explains why its performance is not statistically significant. The context of the development process is helpful.

Re: Pattern Analyzer [Re: AndrewAMD] #478500
10/30/19 20:11
10/30/19 20:11
Joined: Oct 2019
Posts: 10
Clifford_B Offline OP
Newbie
Clifford_B  Offline OP
Newbie

Joined: Oct 2019
Posts: 10
Let me get this straight. The book says OHLC patterns are not useful for trading.

Re: Pattern Analyzer [Re: Clifford_B] #478501
10/30/19 20:16
10/30/19 20:16
Joined: Feb 2017
Posts: 1,811
Chicago
AndrewAMD Offline
Serious User
AndrewAMD  Offline
Serious User

Joined: Feb 2017
Posts: 1,811
Chicago
That's not correct. The particular system that was developed in the book, which does use candle patterns, did not have statistically significant results.

I cannot emphasize this enough - the context is important. And more importantly, learning how to not lose money is a very useful skill in this business.


Moderated by  Petra 

Powered by UBB.threads™ PHP Forum Software 7.7.1