Right Line Trading IndicatorSuite (May 2015)
Archive : Right Line Trading IndicatorSuite (May 2015)
We consider the price movement of a particular financial instrument to be the outcome of numerous independent variables. As software engineers, it is our responsibility to specify these independent variables and then independently optimize each one. As a consequence, software is created that defines a multivariable equation whose solution forecasts price movement with a given sensitivity, specificity, and positive predictive value. We have demonstrated that multi-time frame study of market structure, price action, momentum, and order-flow are independent predictors of price change. All indicators evaluate data from various time frames (fractal analysis), which significantly improves the positive predictive value of a trade entry created by software.
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