Alexander_Nikitin
Long

POSSIBLE BAT PATTERN COMPLETION

FX:AUDUSD   Australian Dollar / U.S. Dollar
IF PRICE RETRACES BACK, WE'LL HAVE A CHANCE TO ENTER BAMM BEFORE THE PATTERN COMPLETES. IF NOT - LET IT BE)). EITHER BLACK OR BLUE SCENARIO.
SORRY, MATES. WRONG X PLACEMENT. I HAVE IT AT MINOR STRUCTURE JUST 6 BARS FROM THIS PLACEMENT TO THE RIGHT. D-POINT IS ALSO SHOULD BE ADJUSTED, SO BE CAREFULL AND CHECK THE RATIOS.
Reply
Omnishambles Alexander_Nikitin
A lesson in itself! I never would have even thought of starting a Bat from there :)
Reply
Yes, in the beginning of my bat learning I also looked only for major structure points as X. But then I noticed that minor structures also work very well. After back testing minor structure X versus major structure X the results didn't change. The profitability didn't shift even 1%. It was an amazing discovery for me at that time. No changes at all, even in the range of statistic errors! Look at "thoughts about bat patterns" parts 3 and 4. I explain the topic there. cheers))
+1 Reply
Please add a comment… Positive feedback and constructive criticism are important to authors and the community.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out