Great Example Of Statistics Any Technical Trader Should Know!
Below is a link to a PDF version of a hard to find book on technical price patterns. While I haven't read the book yet skimming through it it shows Great Examples of the Statistical Data/Probabilities Any Technical Trader Should Know Regarding The Systems They Trade.
Good NEWS!!! THE NEXT BIG FEATURE TradingView will be releasing is Strategies and Backtesting. Approx. 30 Days from now give or take 2 Weeks!!!
Then you will have the capability to know theses types of facts...Or another way to say it is...You'll Have No Excuse Not To!!!
I've known these Statistics for as long as I can remember....#1 it gives you a calm feeling...knowing what to expect. #2 It gives You The Ability To Quickly Find Out What Your Doing...Does Not Work...
Without Finding out the answer to #2...You Won't Know To Search For What Does Work...Fortunately...TradingView will be giving you the Tools To Get Statistical Data...that 99% of Traders Don't Know...
Info Regarding Indicator on The Chart...It's just V1
Ever heard of NR2, NR3, NR4, NR7 Strategies?
Version 1 of Narrow Range And Wide Range Bars
Link To Rare Book On Technical Price Patterns!!!
More To Come Once I Go Thru Book.
***While I haven’t read the book yet…Skimming Thru it Shows Great Examples of The Statistics Any Technical Trader Should Know Regarding Their Trading Methodology!!!
Link To PDF - Day Trading With Short Term Price Patterns And Opening Range Breakout. d.pr/f/1fDD5