Correct; nice illustration. the lateral is the tenth and takes three bars cna you write the booean expressions for each case. for programmers use SQL primarily
thanks for the imaging It shows bars are made od ticks and It shows how pairs of bar can relate it was used already to show 9 of the ten RDBMS price cases Thanks for contributing
This is a fine post and it shows your are thinking about the system applications and you are making a comparison to past CW (Conventional wisdom) pattern annalysis. A Lo of MIT did an analysis of all common patterns. HE did a very porr constuct for his research and got what could be expected. Garbage in and garbage out. Too bad for MIT. So here are some answers A human partners with the market. This is a question of effectiveness and efficiency. Humans operate in the 10 to 100 millisecond range. We do more than required to follow a market on an information supply basis. 5 minute time frame is a nice place to operate to do MADA on a bar-by-bar basis using a complete system to extract the ful;l off of the market. the system has a universal application if the market meets the criteria for use. We consider about 85 markets around the world can be used effectively and efficiently. Forex doesn't work simply because the market is poorly organized and the independent variable is absent. this is kind of criminal on the part of the forex providers. It also shows ho primitive market structures and their regulation are. All potential traders have to begin with 1 lot trading. I use the ES so the ES is satisfactory. Learning is a process. The ES works quite well. Making money is relative for various people. By using one market's offer as a standard a person can judge his Efectiveness and efficiency. I post charts and logs with trades so anyone can compare to this level of SCT. During any day, the market makes an offfer in segments continually. Therefore bar-by-bar MADA is appropriate. To trade effectively and efficiently you must have a system that is totally complete and can allow you to always "know you know" in the market trader partner ship. Thank you for posting your questions that specifcally relate to posts # 1 and 3..
this is answer to step 2 of drill 1. you see also an addition that is like candlesticks of four hundred years ago. Also note the person has one of two orientaionns researched by IBM in 1957 (see their magazine "THINK") In this case, the person has horizontal orientation as shown bt O's in bars illustrations Also note that a 5 by 5 was used to rganized the "work" (great work, too) to assure completeness. RN and I both feel "completeness" leads to fully defined systems. As it turns out learners come to the table will all the equipment needed to do complete work. A spim off of completeness is "certainty". any system lacking certainty at all times is just still a work in progress. We will do work in an organized way to close all doorrs that have an uncertain qualification. Quantification is now leaving the scene because it is not complete and never will be.
1. Draw a price bar four tick in volatilty. we will call this bar.1. .1 means prior bar. .2 would be two bars ago I did 2 pics for for Step 1 First is the four Tick Bars I will post a pic with OHLC next
2. Now draw all the variations on step 1. and do it in an organized manner Here is a pic OHLC in an organized manner
good pic and good idea to give a ral bar with the flags all bars have thanks for doing the work I appreciate it. My goal is to show how the mind gets Long Term Memory (LTM) from doing work. when a person trades ba-by-bar his/her mind see bars as "perception". The mind matches its memory to the bar on the screen getting the memory built is how a person acquires knowledge and skills
Edwina this is good pic please put "flags" on bars in future. as bars apper on charts thanks for getting started You need to do more for step 2 than just do one bar.
For those that use SierraChart, here is my code to determine price case. Sierrachart uses the C++ programming language. Hello Jack! Code: #include "sierrachart.h" enum PricecaseEnum { PC_UNKNOWN = -0xBAD, PC_XB = 1, // Translation Black -$$$$- PC_XR = 2, // Translation Red -$$$$- // Outside bars PC_OUTB = 3, PC_OUTR = 4, PC_OUT_DOJI = 5, // Lateral Formations ALWAYS begin with // one of the following PriceCases... PC_HITCH = 10, PC_FTP = 11, // Flat Top Pennant PC_FBP = 12, // Flat Bottom Pennant PC_SYM = 13, // Symmetrical Pennant PC_STB = 14, // Stitch Black PC_STR = 15, // Stitch Red }; PricecaseEnum GetPriceCase(SCBaseDataRef InData, long index) { // Determine Pricecase of 2 adjacent price bars (index & index-1) // Lateral formations are NOT determined here as only // a ***possibility of the start*** of a lateral formation can // be determined using 2 bars. (see PricecaseEnum) // IsLateral and TrackLateral honor lateral user settings // and lateral specific vars, and handles monitoring at least a minimum // 3 bar lateral formation and ultimate end of lateral movement. float H0 = InData[SC_HIGH][index]; float H1 = InData[SC_HIGH][index - 1]; float L0 = InData[SC_LOW][index]; float L1 = InData[SC_LOW][index - 1]; if (H0 > H1 && L0 > L1) return PC_XB; else if (H0 < H1 && L0 < L1) return PC_XR; else if (H0 == H1 && L0 == L1) return PC_HITCH; else if (H0 == H1 && L0 > L1) return PC_FTP; else if (H0 == H1 && L0 < L1) return PC_STR; else if (L0 == L1 && H0 < H1) return PC_FBP; else if (L0 == L1 && H0 > H1) return PC_STB; else if (L0 > L1 && H0 < H1) return PC_SYM; else if (L0 < L1 && H0 > H1) // Outside Black or Red or if (InData[SC_LAST][index] > InData[SC_OPEN][index]) return PC_OUTB; else if (InData[SC_LAST][index] < InData[SC_OPEN][index]) return PC_OUTR; else return PC_OUT_DOJI; else return PC_UNKNOWN; }