haha im glad you enjoyed that I wrote an interesting JSP program that may do it for you if you import the data in to it can be found here http://tinyurl.com/NTW31JSPtickFORUMLATOR
I had to do it.. lol with the tick data I had a friend at penn state do it for me with a program he wrote so my suggestion is find someone that can program i cant. or you can do like 100 or so by hand but itll take you a while and wont be a large sample
wow some str8 3:00 in the morning pipage .... Blue entrance 117.02 stop on break in profit exited 115.8 break of low
Is this the same algo from earlier in the thread or a different one? I assume the blue lines show a "sell zone" of some sort. How'd you arrive at them (basic algo).
there are a million way to trade like this just a couple of stats think about what you are looking at form an observation ... then create rules and test the observations... like candle color for example.....way to do it I observe candle color has tendency to occur 3 times in same direction then change direction.. i test count how many formations occur over X sample of candles crunch stats for that sample and you get your explaination for the occurrence ... (posted that spreadsheet couple of pages back) so high chance of reversals after 3rd candle and 6th candle... you have your stats how do you trade it now you need a trigger... prices are likely to change direction around century marks... so if we get 6 candles into century mark in a row ... whats your trigger now whats your stop and TP... look at it statistically ... system ... approach to creation... once you get the system you can create anything.