I don't really care about bringing an extra tick to a method which has an unproven return to begin with. Prove break-even and then we can worry about making it better.
So, are you saying that the heads=long, tails=short strategy has a negative expectancy? If that were true, we could simply reverse the rule to get a positive expectancy! Suppose we reduce this to a really simple level for you. Imagine there is only one possible outcome i.e. the market goes up 1 point every day. Half the time we go long and make 1pt and half the time we go short and lose 1pt. On average we break even. You see how the positive bias makes no difference? Once you have figured that one out. You can consider what happens if there are two possible outcomes. Then you can move on to any number of outcomes following any distribution or pattern. Result always averages breakeven. [provided the chance of your going bust during the coin tossing lifetime of the average bum is insignificant and provided that there is zero correlation between the coin tossing bum and the market]
Again?. I was hoping for more intelligent discourse than plain repetition. You will have to prove to yourself and others that your suggestions bring in at least 1 tic per day on average extra profit over the original method rules.
Is that a yes o no to my question: Can you prove it to yourself and others?. I would guess not, since you have been extremely busy in this thread to focus on trading a 1 minute chart, but feel free to prove me wrong.
Lovely chart bordaline but could'nt you make more money if you changed the colors and brightened things up. "bordaline" is that a nicname your mother gave you?
You will have to prove to yourself and others that your suggestions bring in at least 1 tic per day on average extra profit over the original method rules.