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elsner

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Posts posted by elsner

  1. @ Sixer

     

    The equity curves from DLPAL are all based on:

     

    - End of Day

    - Out of Sample

    - without Leverage

    - with fixed Target and StopLoss (mostly 2%)

     

    to show the crude predictive power and robustness of the patterns.

     

    They are the base for developing trading systems ...

     

     

    @tuco

     

    The output of DLPAL S for the patterns look like this in Tradestation Code:

     

    c[4] > c[1] AND c[1] > c[2] AND c[2] > c[0] AND c[0] > c[3] ;FDAX_10min_2013.txt;LONG;Close;0.2;0.2;%

    c[4] > c[1] AND c[1] > h[2] AND h[2] > c[0] AND c[0] > c[3] AND c[3] > l[2] ;FDAX_10min_2013.txt;LONG;Close;0.2;0.2;%

     

    // OHLC; market; based on close; Target; StopLoss;percent or points

     

     

    Personal note: in intraday the win rate of the patterns drops significantly; seen the other way: which timeframe is best for trading ...

  2. The direction of an moving average shows the supply demand imbalance for the medium (50 ma) or long (200 ma) term. In other words, the path of least resistance - expressed by the demand supply imbalance - can be seen using moving averages. If the ma is sideways, no trend. If price over ma and ma angling up = uptrend; if price is below ma and ma angling down = downtrend.

     

    So, ma is a kind of supply/demand indicator for the longer term in my oppinion.

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