TheRumpledOne wrote:Skyold wrote:Hi TRO,
need your help, because I want to understand this indi 'TRO2017_REAL_TIME_PRICE_ANALYZER' correctly.
myPeriod and myTestPeriod are set to H1.
Does it mean the following:
If the H1 candle goes below S1S2, then the probability is 85% that the same H1 candle ends above S1S2
If the H1 candle closes below S1S2, then the probability is 85% that the next H1 candle will end above S1S2
thank you in advance
First, we are NOT talking probability (which deals with the future), we are talking STATISTICS (which deals with the past).
Price closed below S1S2 15 times out of the last 100 H1 candles and above S1S2 85 times out of the last 100 H1 candles.
There is no probability in trading, only statistics.
I understood you.
We are NOT talking probability, we are talikng STATISTICS
Thanks for the answer