Posted By: Tuguldur717
Detect life of any type of price direction - 02/15/18 14:54
If smoothed line of price have sharp decreasing direction at beginning of short time. So how to know how long it save this direction in future? What indicator support?
Posted By: jcl
Re: Detect life of any type of price direction - 02/16/18 09:13
You can not know this for the future. You can only find out how log an average trend lasted in the past, by doing a trend length statistic with historical data.
Posted By: Tuguldur717
Re: Detect life of any type of price direction - 02/16/18 12:34
Nobody know future but make best estimation about future. Actually you do not understand my major idea.