Wave Modeling 1.4

Added a filter on. The percentages are becoming more clear:

filter

 

Total of 1503 changed bars. In other words, about 45% of bars go straight from HH to LL or from LL to HH (with no retracement)at least once. 583 of these bars make this change more than once a day.

Most importantly is to always maintain a tradeable edge. In other words, the filters that are to be put on can’t be overly complicated such that a trader or EA can’t actually execute them, or require future information. It should also present a decent number of trading opportunities and most importantly, create windows where trades can actually be executed. There’s no point, for example, of knowing that an “A” wave will occur if it takes 20 hours to determine that result.

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