I don't really get what you want to know by doing this. I wish people could see something really quite obvious which is: you can't apply any rule, any analysis based on price, price is a random variable, I assure you.
How price got to be that price wasn't random, but when you look back at it as a single point, that price, it is random.
Let me explain..
The amount of variables that dictated that price outcome for a particular point has a complexity factor that is through the roof! The result of that doesn't hold any state or memory of any of that, if you process many of these points you miss out the complexity.
When something is complex and you observe a fraction of it or know or understand a fraction of it, the rest of it is a disturbance that is a random factor to you, not to itself.
The only way to predict price is to understand that complexity which is impossible.
Therefore the only way to predict price is by not predicting price, but in the market is an environment of traders, traders who want to exit, want to enter and they display this intention through action and placing limit orders, the reaction from each of these points through time paint a story about these types of traders who are reacting to price.
If you want to predict price you predict these groups and establish entries and exits, by predicting people or traders which is mostly about relationships not factor allows price to confirm your thoughts which is your edge.
I took this project on because I want to spread what I know, I believe I have a rare form of synesthesia that allows me to see complexity as weights, heavy/light.
I developed Bitdroid which is accurately predicting to some large significance (at least with a strong edge) and is profiting after fees too.
It just pains me that people think they could predict something so complex by addressing it directly, addressing that massive complexity, it's not possible.
If you are interested in what I wrote please do check out bitdroid.co.uk
You won't find something like this published but as you can see I am passionate about educating people, this was written fast my apologies but I just had to post.
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I don't really get what you want to know by doing this. I wish people could see something really quite obvious which is: you can't apply any rule, any analysis based on price, price is a random variable, I assure you.
How price got to be that price wasn't random, but when you look back at it as a single point, that price, it is random.
Let me explain..
The amount of variables that dictated that price outcome for a particular point has a complexity factor that is through the roof! The result of that doesn't hold any state or memory of any of that, if you process many of these points you miss out the complexity.
When something is complex and you observe a fraction of it or know or understand a fraction of it, the rest of it is a disturbance that is a random factor to you, not to itself.
The only way to predict price is to understand that complexity which is impossible.
Therefore the only way to predict price is by not predicting price, but in the market is an environment of traders, traders who want to exit, want to enter and they display this intention through action and placing limit orders, the reaction from each of these points through time paint a story about these types of traders who are reacting to price.
If you want to predict price you predict these groups and establish entries and exits, by predicting people or traders which is mostly about relationships not factor allows price to confirm your thoughts which is your edge.
I took this project on because I want to spread what I know, I believe I have a rare form of synesthesia that allows me to see complexity as weights, heavy/light.
I developed Bitdroid which is accurately predicting to some large significance (at least with a strong edge) and is profiting after fees too.
It just pains me that people think they could predict something so complex by addressing it directly, addressing that massive complexity, it's not possible.
If you are interested in what I wrote please do check out bitdroid.co.uk
You won't find something like this published but as you can see I am passionate about educating people, this was written fast my apologies but I just had to post.