In running a couple custom studies (that I'm under obligation to not disclose the script) -- I see periodicity and would to hear your feedback.
I've seen the same "magic numbers" in many studies and products.
For example on a 15-min chart (#bars, win rate %)
410 - 77%
460 - 82%
510 - 79%
On a 30 minute chart:
200 - 72%
230 - 80% *this has 15% more $ profit than the below 260 periods
260 - 79%
So what's so magical about 460 on a 15 min chart? or 230 on a 30 min chart?
Well - its 5 days X 23 hours worth, or exactly 1 week of trading for this FOREX product.
Even weird studies with long averages have great results.
Another study on a 15-min chart FOREX product. (with similar results on a US index).
1280 - 87%
1380 - 91% * $ won here is 20% more than the 1480 even with similar win rates.
1480 - 90%
1380 periods equals exactly 15 days of trading - exactly 3 weeks - in a 15-min chart.
Anywho.. Has anyone experienced similar results? Is this something you program into your studies? I expect some periodicity in many markets due to structural inputs and suspect we should pay more attention to these magic number of periods.
I've seen the same "magic numbers" in many studies and products.
For example on a 15-min chart (#bars, win rate %)
410 - 77%
460 - 82%
510 - 79%
On a 30 minute chart:
200 - 72%
230 - 80% *this has 15% more $ profit than the below 260 periods
260 - 79%
So what's so magical about 460 on a 15 min chart? or 230 on a 30 min chart?
Well - its 5 days X 23 hours worth, or exactly 1 week of trading for this FOREX product.
Even weird studies with long averages have great results.
Another study on a 15-min chart FOREX product. (with similar results on a US index).
1280 - 87%
1380 - 91% * $ won here is 20% more than the 1480 even with similar win rates.
1480 - 90%
1380 periods equals exactly 15 days of trading - exactly 3 weeks - in a 15-min chart.
Anywho.. Has anyone experienced similar results? Is this something you program into your studies? I expect some periodicity in many markets due to structural inputs and suspect we should pay more attention to these magic number of periods.
