Best indicator/methodology for finding peaks? - Page 2

mikkom · 07-16-2008, 09:34 AM

I replied this in private message but I thought it would be a good idea to post this here too so everyone would understand what I'm really looking for here..

Re: peaks and bottoms

I'm really not looking for the holy grail, I don't mind if the indicator paints the peaks 2 or 3 bars after they appear.

What I want to find is patterns of higher highs and lower lows and do a statistical test on what correlation does higher highs with lower lows have to next peak.

My hypothesis is that the next peak will also be a higher h or lower l with a significant percentage difference.

If this is true, then programming a solid good performance EA will be easy if we have a working peak indicator

forexmoments · 07-19-2008, 01:17 PM

Quote:

Originally Posted by mikkom

I replied this in private message but I thought it would be a good idea to post this here too so everyone would understand what I'm really looking for here..

Re: peaks and bottoms

I'm really not looking for the holy grail, I don't mind if the indicator paints the peaks 2 or 3 bars after they appear.

What I want to find is patterns of higher highs and lower lows and do a statistical test on what correlation does higher highs with lower lows have to next peak.

My hypothesis is that the next peak will also be a higher h or lower l with a significant percentage difference.

If this is true, then programming a solid good performance EA will be easy if we have a working peak indicator

I understand what you're looking for. Fractals with a combination of CCI and Stochastics works pretty well.