Hi guys, i've been trying to create an indicator based on a research found on : [Dear Guest/Member you can't see link before click here to register]
Basically the idea is to use price, volume and the average speed of the last 10 or 14 candles to Predict the Direction of the Next candle.
It is a very accurate theory. Please read the posts of "irvin_verma"
His back tests with the theory is at least 90% accurate, you can download the Speedometer tests he made with MsExcel and cross check.
It is an accurate theory.
I've done my own tests with the theory and i must admit it is the best theory i've seen, when it comes to predicting the Next candle.
But when it comes to coding, i'm having a hard time to make all the conditions work :o
This is my trial indicator i coded using his theory.
(Warning, my coding skills are not perfect)
for some reason, i know I messed up pretty bad when declaring the "if" clauses :confused:
And mine seems to give an alert every second (lame :o)
He said that if the SOT >2* AVSOT, it takes the Direction of the closing candle. if the closing Candle is down, the Next Candle will be down.
He gives many complex rules during his last posts...
the conditions he postulated is really hard for me to grasp when coding.( i tried to incorporate all the rules, but they are conflicting)
I tried to reach out to him but i guessed he vanished with his secret
(So he thinks...;))
Can someone with a little time to spare, check into my code and tell me whats wrong? (please read his theory and examples)
Thanks.
Basically the idea is to use price, volume and the average speed of the last 10 or 14 candles to Predict the Direction of the Next candle.
It is a very accurate theory. Please read the posts of "irvin_verma"
His back tests with the theory is at least 90% accurate, you can download the Speedometer tests he made with MsExcel and cross check.
It is an accurate theory.
I've done my own tests with the theory and i must admit it is the best theory i've seen, when it comes to predicting the Next candle.
But when it comes to coding, i'm having a hard time to make all the conditions work :o
This is my trial indicator i coded using his theory.
(Warning, my coding skills are not perfect)
for some reason, i know I messed up pretty bad when declaring the "if" clauses :confused:
And mine seems to give an alert every second (lame :o)
He said that if the SOT >2* AVSOT, it takes the Direction of the closing candle. if the closing Candle is down, the Next Candle will be down.
He gives many complex rules during his last posts...
the conditions he postulated is really hard for me to grasp when coding.( i tried to incorporate all the rules, but they are conflicting)
I tried to reach out to him but i guessed he vanished with his secret
(So he thinks...;))
Can someone with a little time to spare, check into my code and tell me whats wrong? (please read his theory and examples)
Thanks.