can anybody give me some hints on how to implement a peak and reversal detection?
the idea behind this: the current strategies like Defender look if some entry and exit criterions are met. this is done by simple comparison: if(tension>= entry) setPosition(1); I want to add an additional crtiterion. I want to look if tension was rising for the last 5 minutes and has reached a peak and now is falling. In the chart you see this as a reversal of tension. if this "chart pattern" is detected and some other conditions are met then a position can be opened. So I need a pattern detector which detects the reversal of tension. can anybody give me some hints how such a thing can be implemented? I hope I have described it in an understandable way :-) -- You received this message because you are subscribed to the Google Groups "JBookTrader" group. To post to this group, send email to [email protected]. To unsubscribe from this group, send email to [email protected]. For more options, visit this group at http://groups.google.com/group/jbooktrader?hl=en.
