Tracking waves corrections

During one of the webinars (unfortunately it is no longer available to the public) I came across the idea of tracking wave patterns and corrections after such patterns, where the wave pattern consists of a long wave preceded by 2 short waves. I have implemented this solution and according to it, the WIG has a 50% chance of returning to the level of 52 120 already in the 1st wave and 63% to the 3rd wave (which is more or less within 1 day). And down to 51,800 23% chance in 1st wave and only 39% chance in 3rd wave.

I cannot wait the results.

Not

After 4 waves it has not reached TP, but also do not move up over the wave end point (potencial SL):

İşlem kapandı: durdurma seviyesi

This idea seems to be fighting with the trend, and as we can see it lost this time.
In my free time, I will add SL simulation to that script and check how it will affect the calculation of statistics.

Investor_R

To get access or report problem write on toolkit4trading@proton.me

More details on Website and Youtube.

Aynı zamanda::

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.

Investor_R

To get access or report problem write on toolkit4trading@proton.me

More details on Website and Youtube.

Aynı zamanda::