Kreslik.com - traders community since 2006

2009.04.14 STATISTICS DON'T ALWAYS LIE



TRO2009_BreakOut_COUNT_UI shows the frequency distribution of the pip size of the breakouts.

TRO2009_Reverse_COUNT_UI shows the frequency distribution of the pip size of the reversals.

TRO2009_WICK_COUNT_UI shows the frequency distribution of the pip size of the top and bottom wicks.

Once you have this information, you know EXACTLY when, where and how to enter and exit.

DRAINING THE BANKS HAS NEVER BEEN EASIER!!

These are DONATIONAL indicators.

My dad will like this.
JohnRich
I sent him a link.

TheRumpledOne wrote:Once you have this information, you know EXACTLY when, where and how to enter and exit

Could you explain - how the information above
could give entry point?
And couple of examples, if possible.

noone22 wrote:

TheRumpledOne wrote:Once you have this information, you know EXACTLY when, where and how to enter and exit

Could you explain - how the information above
could give entry point?
And couple of examples, if possible.

Yes please explain how with this information we are supposed to know "Exactly" when to enter and to exit

Look at the 5 pip range... if price moves 5 pips, is it more or less likely to move more?

Trying to understand

1) IS this correct? With the wick sizes:
roughly 80% of all wicks are less than 10 - so if a candle moves 10 pips in a direction it has an ~ 80% probability of continuing in the direction

2) Question: what is "B/O count" ? I see your description - but breaking out of what? sorry if I'm missing the obvious.

thanks

Breaking out of support / resistance.

Hi Rumpled One

Could you explain in more detail how you use these indicators to;

you know EXACTLY when, where and how to enter and exit.


Can you give me some guidelines when it comes to making donations for your indicators.

thanking you
Hal2611

These indicators aren't entry trade triggers. They are used to analyze how price behaves.

For example, knowing that when price breaks out, it usually moves 5 pips or more over 70% of the time, gives you confidence to take every breakout trade.