Using the same indicator he has been showing I constructed a very
simple trading system.
There are many ways to trade using PD but here the rules are the
same in every case though we varied the period of each analysis,
the percentage of total price counts to establish the support and
resistance points and the number of dollars to use to take profit.
NONE of the pictures shown are the best optimization that could
be performed. These pictures represent simple analysis of
parameters.
Some results are very good and some are not so good. Analyses
from 45 minutes, 81 minutes, 135 minutes and the entire day
was used.
What I'm trying to show here is that Price Distribution, taken in
a very hardnosed fashion, can provide a profitable approach to
the market.
Clyde
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: clydelee@xxxxxxxxxxxx
7910 Westglen, Suite 105 Office: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
Details at: www.theswingmachine.com
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