TheRumpledOne wrote:If PRICE makes a new DAILY LOW:
I know from statistics that if I go long within 20 pips of the low,
that there's another 20+ pips profit.
I know from statistics, that if the previous candle is green
and I go long at the previous candle's high,
then I should win 2 out of 3 times
Interesting!
As far as I've understood from this rat story -
rat would trade sucessfully immedeately
(from the begining of her trading,
no waiting is required for rat to gather some statistical data).
Without knowing about statistics and
without having statistical results in her disposal.
So, it's something more, rather than statistics -
call it "six sence", which would make a rat successful trader?!
Idea
seems to be so too simple,
that
it's becoming too complicated
at the end of the day.
In one of his previous posts TRO indicated -
that one doesn't even need a rat (to simulate rat trading).
To tell the truth, I don't quit understand this point.
Rat was taken as good trader -
because she has in-built ability to make decision
(based on results of previous events),
which event would happen next
- candle will go green or candle will go red.
(this is more or less clear).
What is not clear - what exactly we need to do
(in mq4 indicator) to substitute this in-built rat ability?
(because neither people, nor computer haven't this
ability, unfortunately).
Waiting for Rat indicator code to shed a light on my "rat" confusions.