Hi guys,
I wish to ask the above question. As I had invited a value programmer to program my system for me. I had come across a consistent problem that my system has. When PA (price action) breaks for the resistance trendline. Stoch was already above 50 and nearing 80 so this is overbought. So the EA can't initiate the order but Slow Stoch (20,3,12) was not yet 100.
However it would be ideal if price were to break through the resistance line and Stoch is at oversold meaning price is undervalue. Then the probability of the price tanking down is low.
So which is a better probability code that I should adapt?
I wish to ask the above question. As I had invited a value programmer to program my system for me. I had come across a consistent problem that my system has. When PA (price action) breaks for the resistance trendline. Stoch was already above 50 and nearing 80 so this is overbought. So the EA can't initiate the order but Slow Stoch (20,3,12) was not yet 100.
However it would be ideal if price were to break through the resistance line and Stoch is at oversold meaning price is undervalue. Then the probability of the price tanking down is low.
So which is a better probability code that I should adapt?
Forex Price Action Hacked - Price Action Rockstar