It looks like I’ve been getting some more attention on this blog lately since two people have promoted it (thanks to Rel and Shiva). So to the new people, Welcome! For anyone wondering why I am no longer posting in that thread and did not realize, I have been ignored and banned from it (I made some comment about following blind trades). At least I can still read it. I’m not bothered by it at all.
As for progress, I’ve written a couple posts about ideas and problems that need to be solved, but I still haven’t quite been able to create a model that produces the things that I want to see.
- Theory: How does the market move from point to point? How do I connect these transient bars together?
- Abstract: Perhaps T-bars(their position, their timing) are predicted by where past transient bars are? Maybe they are connected by which levels are attracting/repellent?
- Hypothesis: What if T-bars can be better pinpointed by projecting an extension from the past 2 T-bars?
- Design: I will take the 3rd T-bar and measure it compared to the length of the previous 2 T-bars, both in length and time
- Code->Results->Analysis are self explanatory
Theory is the base and premise of everything, but it’s not very useful if there isn’t a good way to confirm/deny it. Creating the proper ideas that flow from the theory to something that can actually be tested is where I am at currently.
Ideally I’d complete an abstract in the next few weeks.
Basic movements in T-bars:
I had the data on hand, and here is an idea that’s quite interesting to think about.
Perhaps it’s a law of the market, but there is a safe minimum movement required before the next transient bar can occur, which I think is more reliable than time atm.
Below is our good friend the oscillator between lengths from T-bar to T-bar. The fact that it moves quite regularly from positive to negative is some proof for waves (: I think these transients might be able to identify market states for me..