Chad,
Is there a chart that will calculate the probability of IB Extensions being breached? in addition is there a way to adjust the range to see if that affects the probability of the IB Extensions hitting?
For example
IB Range Mean = 30 ticks
High >= IBH 1.3X = 80%
High >= IBH 3.0X = 2%
Low <= IBL 1.3X = 78%
High >= IBH1.3X and Low <= IBL 1.3X = 10%
Intial balance Range = 120 points
High >= IBH 1.3X =50%
High >= IBH 3.0X = 0%
Low <= IBL 1.3X = 25%
High >= IBH1.3X and Low <= IBL 1.3X = 2%
With the Pivot Strategy Analysis(PSA) is there a way to exclude time or edit the start time and end time of the PSA?
For example, is the Mid trade set-up more successful after the hour of 10:30 AM?
Do we mean revert to VWAP more often in the 2nd and 3rd session of RTH V.S the 1st session of the RTH?
Thank you for your help in advance.
Hi,
the IB extensions statistics are being discussed here :
https://www.linnsoft.com/topic/homework-initial-balance-break-and-closin...
Regarding the PSA, you may use the Signal filter to exclude any period.