The Path by Atilla Yurtseven: A statistical approach to Trading
The Path uses a statistical method that I have developed to indicate possible Lows and Highs of the current bar for the selected time frame. You can see the range at the opening of the bar. You can narrow or widen the range by changing the "Range %".
What does The Path indicate?
The Path uses a statistical method and calculates the limits of the bar. For example when you enter 75 as "Range %", this means there is 75% probability that High of the bar will be below the top line and 75% probability that Low of the bar will be over the bottom line. You can simply change the range probability between 1-99. The Path looks at the past bars (Look back period) and uses a statistical method to forecast.
The Path does not repaint. Range is there at the opening of the bar and never changes. So when you look at the past data, you can see how it worked well in the past!
The Path works with all time-frames (1min-1month and etc.) and all asset classes (Forex, Stocks, Cryptocurrencies and etc.). It simply works.
Please kindly share your opinions and experiences and feel free to send a comment at the below of this post so i can share more statistical indicators that i have developed based on my method.
Please remember to follow me as well and keep in touch!
FYI: This is an indicator that I have developed for myself. You can use it, apply or not to apply it to your trades. Keep in mind that, you are responsible for all your loses (or wins). Risk is 100% yours. Please use / try "The Path" only if you accept this condition.
Have fun :)
Atilla Yurtseven
What does The Path indicate?
The Path uses a statistical method and calculates the limits of the bar. For example when you enter 75 as "Range %", this means there is 75% probability that High of the bar will be below the top line and 75% probability that Low of the bar will be over the bottom line. You can simply change the range probability between 1-99. The Path looks at the past bars (Look back period) and uses a statistical method to forecast.
The Path does not repaint. Range is there at the opening of the bar and never changes. So when you look at the past data, you can see how it worked well in the past!
The Path works with all time-frames (1min-1month and etc.) and all asset classes (Forex, Stocks, Cryptocurrencies and etc.). It simply works.
Please kindly share your opinions and experiences and feel free to send a comment at the below of this post so i can share more statistical indicators that i have developed based on my method.
Please remember to follow me as well and keep in touch!
FYI: This is an indicator that I have developed for myself. You can use it, apply or not to apply it to your trades. Keep in mind that, you are responsible for all your loses (or wins). Risk is 100% yours. Please use / try "The Path" only if you accept this condition.
Have fun :)
Atilla Yurtseven
I know Kung-Fu!