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Detect life of any type of price direction #470996
02/15/18 14:54
02/15/18 14:54
Joined: Dec 2017
Posts: 42
Mongolia
T
Tuguldur717 Offline OP
Newbie
Tuguldur717  Offline OP
Newbie
T

Joined: Dec 2017
Posts: 42
Mongolia
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?

Re: Detect life of any type of price direction [Re: Tuguldur717] #471017
02/16/18 09:13
02/16/18 09:13
Joined: Jul 2000
Posts: 27,986
Frankfurt
jcl Offline

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jcl  Offline

Chief Engineer

Joined: Jul 2000
Posts: 27,986
Frankfurt
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.

Re: Detect life of any type of price direction [Re: jcl] #471020
02/16/18 12:34
02/16/18 12:34
Joined: Dec 2017
Posts: 42
Mongolia
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Tuguldur717 Offline OP
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Tuguldur717  Offline OP
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T

Joined: Dec 2017
Posts: 42
Mongolia
Nobody know future but make best estimation about future. Actually you do not understand my major idea.


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