Let's put it another way... The bottom zones: price went there twice!! 2 times in how many bars? So if price goes anywhere near there again then 1 of 3 things can happen: a) the bet is that it will not go through the zone and bounce b) the bet is it ...

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I don't necessarily agree with this. Instead, that entire price level is transient (but suspect). Basically look at the formation...price between 2 lines = breakout. How do you trade breakouts (nothing to do with DS or transient/recurrent, just a ...

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Josh, mate, you're one impressive player and I thank you again for your contribution to my trading as well - especially the MM part! LOL You still using DS/Sim? Can't remember your strategy and tools... I know you were a scalper!

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My bad. It's the 3rd Swing Top after the drop. Price at 3356.

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I'm doing this real-time so we can apply it in real conditions. I don't know what will happen next. It's just occurred to me last night that we might get too reliant on indicators to tell us where the boxes/zones are when we really should begin ...

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Cool... I'll go with that. I count 26 from bottom to bottom so we'll go with 13. So the recent tops.... why wouldn't I project when price will go away from the Top (let's take the second top) and count forward 13 bars and see what happens during ...

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Done. Transitory parts circled in red. What do you think my h value is?

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On the 5M, I have these Transient levels (calculated manually/visually) Upper @ 3371.2 Lower@ 3344.8 In between is Recurrent. Edit: I just spotted a transient price in between the above: 3359.8 So between 3359.8 and 3348.8 is recurrent. Scalping ...

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It's not a system. Those who don't have English as a first language, I really am sorry. But if you try to understand my interpretation of this then hopefully the confusion will disappear. My previous post: IDEA - a thought that describes a ...

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No, that's just a trading strategy. The Global Idea ... is not to trade highly improbable events that are likely to fail 97% of the time. Highly improbable events are moments when prices reach a transient state which is 3% of the time. The Goal ... ...

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Probably best not to confuse people with more stuff. Better to concentrate on how to trade the zones.Besides, that was just an experiment turned good. May not work next time.

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Perhaps I trade differently but I don't take an indicator that draws boxes or lines so that as soon as price goes out of it I place a trade to long or short. If there's one thing I've learned over the years it's to wait for a test/retest to confirm ...

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These are the 2 basic outcomes. There are more... but basically, you don't put a pending order in the transient unless you have a technique or an edge that guarantees that price will go through the transient region (and hence never return there 97% ...

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Looks like it was greater than 15. Currently 21 bar count from my anchor. My anchor could be wrong. But it didn't go near 3360 for at least 16 bars of 2 minutes.

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You pick an h value first. Best to use ForexFox's indicator. The result will then highlight a bunch of regions marked yellow/red. These are potential transient zones (3% probability of happening again). Anything not in this area is a recurrent zone ...

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Just a very rough calculation, but not for at least 15-16 2M bars Edit: or I could be dead wrong. Just trying to apply the theory real-time. And if it did head in that direction, not greater than or equal to 3371.3 LOL

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Recurrance is what price does all the time. It's the effect of a well balanced market that is volatile. Otherwise, you will get transient prices.

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I made the chart up! The idea is to understand what it represents. Good luck! Edit: P represents that price touched the price value in question. X represents that it did not hit the price on that level. On your chart, x will just be a blank space.

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