In the last post, I started in general outline a story about the developed PRISM service. In this post I will give a couple examples of situations that our service willfind and about which to provide information to traders. Here is one of the models published on the onix-trade forum last year on the GBPCHF instrument, a 4-hour timeframe. The level of intersection of the lines is called the calculated 6th point (estimated t.6) and is the level near which with some probability either a correction or a trend reversal will begin.
We have heuristic evaluation technologythe probability of a reversal or correction, the calculations on which indicated a promising trading situation. In fact, there was a big correction, which began slightly below the level of t.6.
Non-profit of the price to the level lies withinmargin of error, which allowed us to conduct a successful transaction. In the future, the price again returned to the level of t.6, however, we no longer considered this as a trading situation. This is one example of a successful forecast that led to a successful deal. The model, which is shown in the graph, is called the External Model of Adventure (VMP) and is our unique technique.
Next I will give an example of the model that came tous from the well-known group of methods Tactica Adversa. In PRISM, we use the basic rules for selecting extrema of the above system. But the advantages of the limitations, additions and interpretations with which TA has developed over many years are not always obvious to us from the point of view of statistical analysis, so the methods we use ultimately differ in details.
So, here is the Model of attraction in the framework of the Extension Model (MPMR), published in real time onix-trade last year on the GBPCHF instrument, but already on the hourly timeframe.
And here is its development:
The correction was not too long, however, it also allowed to close part of the position by take profit, and the second part by shortened stop. The result is a profit.
And the last example in this post as an illustration of the fact that not everything always turns out. The other day I published a forecast on a 15-minute time frame for the AUDJPY instrument. This is also VMP.
This model indicated the completion of the flat onhigher timeframe, and for a 15-minute chart this is a full trend reversal. The U-turn from t.6 occurred within the permissible error of model development. That's just because of the need to maintain a favorable stop loss to take profit ratio within my trading system, the order to open a deal was a little higher (I was ready to open with a 6% non-profit, but the price did not reach the 6th points by 7%). So despite the fact that the forecast was in principle correct, the deal unfortunately was not carried out.