Bunch of Numbers
Bunch of numbers is part of a strategy project where conditions for trade entry and exit are evaluated
by numbers. I soon realized that the strategy I imagined is too complex and tedious for humans but would be perfect for a machine learning algorithm. For now, this indicator is what the name implies; just a bunch of numbers that may or may not be useful to the average trader.
The numbering system is derived from the distance of a candle’s close to EMA 50, EMA 100, and EMA 200.
I have yet to study all the different number sequences. I do know, however, that during strong bear or bull rallies, single 9’s and single 7’s will print consecutively until the rally ends.
The indicator has alerts for the number 8 and 6. 8 and 6 are usually found before a rally and at the end of a rally.
Yet another pattern I have identified is the string of 7’s as price approaches the 200MA. These 7’s will be at the bottom of the chart and can result in powerful breakouts or breakdowns.
There will be candles with multiple number assignments. I do not know what they imply. I've been coding for a month. Enjoy.
by numbers. I soon realized that the strategy I imagined is too complex and tedious for humans but would be perfect for a machine learning algorithm. For now, this indicator is what the name implies; just a bunch of numbers that may or may not be useful to the average trader.
The numbering system is derived from the distance of a candle’s close to EMA 50, EMA 100, and EMA 200.
I have yet to study all the different number sequences. I do know, however, that during strong bear or bull rallies, single 9’s and single 7’s will print consecutively until the rally ends.
The indicator has alerts for the number 8 and 6. 8 and 6 are usually found before a rally and at the end of a rally.
Yet another pattern I have identified is the string of 7’s as price approaches the 200MA. These 7’s will be at the bottom of the chart and can result in powerful breakouts or breakdowns.
There will be candles with multiple number assignments. I do not know what they imply. I've been coding for a month. Enjoy.