I made an indicator, when it does go up, the price go up 100% of the time

Discussion in 'Trading' started by howruhowruong, Apr 8, 2024.

  1. [​IMG]
    what is happening here? I check over 2 million trading records it holds true

    FYI the case of if still goes up is above 63% as high as 76% for 5min interval

    Is this the holy grail?

    P.S.
    100% is the probability not price itself
     
    Last edited: Apr 8, 2024
  2. maxinger

    maxinger


    Useless indicators


    Please contact @wxytrader. Tell him you have found the magical miracle (or most useless worthless) indicator.

    Anyway, it is time for you to take your medicine.
     
    Last edited: Apr 8, 2024
  3. please explain why it would not work
     
  4. padutrader

    padutrader

    there is no holy grail

    if there were, all trading would stop, since no body is going to take the other side of the transaction, knowing that probability is 100%,

    so knowing they are going to lose no one will take the other side
     
    Wide Tailz and countryBoy641 like this.
  5. yes, i understand theres still 25 to 40% of the time it fails
     
    murray t turtle likes this.
  6. maxinger

    maxinger

    Are you a bot?
    You don't read the responses.

    What a lazy bot.
     
    BAT31 likes this.
  7. I did, the dude said RSI and MACD is slightly better than EMA crossing over
     
  8. padutrader

    padutrader

    because no one would take the other side of the transaction knowing that there is 100% chance that they will lose.
    do you think there are idiots in the market?
     
    countryBoy641 likes this.
  9. padutrader

    padutrader

    and you ask: is that the holy grail?
     
  10. maxinger

    maxinger

    Then go evaluate it and see if you can earn tons and tons of money.
     
    #10     Apr 8, 2024
    murray t turtle and MarkBrown like this.