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Additional info for Successful Intelligence: How Practical and Creative Intelligence Determine Success in Life
So the most successful and consistent signals you can have, the better for your wallet, even if in the end it will be a little less filled with banknotes than it might have been by risking more. 42 7 The Basic Signals Fig. 2 Slow stochastic. Source: Saxo Bank Fig. 3 Slow stochastic. Source: Saxo Bank As shown in Fig. 3, the Internet sites usually ask for three numerical parameters to size the slow stochastic: the observation period (what we have called length) and two smoothing parameters: the slow and the fast one.
3, the Internet sites usually ask for three numerical parameters to size the slow stochastic: the observation period (what we have called length) and two smoothing parameters: the slow and the fast one. It is not at all necessary that the slow smoothing parameter should be smaller than the fast smoothing parameter: indeed, I am suggesting you to use the triad 17,9,3 (see below why). , the one that provides the final equity with the highest value. The equity is the amount that has been amassed using a trading protocol in the period under review, and it is the cumulative sum of the profits and losses per trade (P&L), which are the profits and losses achieved in a single trade.
The equity is the amount that has been amassed using a trading protocol in the period under review, and it is the cumulative sum of the profits and losses per trade (P&L), which are the profits and losses achieved in a single trade. 7 The Basic Signals 43 Fig. 4 Slow stochastic. Source: Saxo Bank For n trade, it will be: Equityn ¼ Si¼1;n P&Li : Whatever version of the stochastic you may want to use—and I advise you, as mentioned above, to use the slow version—normally you are asked to define the socalled buyzone and sellzone.