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Day: July 3, 2011
July 32011
RTATC2011 — Day 4 — Z-Score Optimization
A week ago, I’ve determined the main idea for my ATC 2011 expert advisor. Today, it’s about time to shed some light over a very important but often overlooked concept in EA optimization — Z-Score. But before I describe my experience in applying Z-Score optimization, it’d be wise to explain a bit more about this interesting performance indicator. What is Z-Score? Z-Score (or Standard Score) measures the distance between the mean […]
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July 32011
Symmetrical Triangles on EUR/USD Weekly Chart
A slightly sloped symmetrical triangles pattern has formed on the EUR/USD weekly chart recently. The chart pattern has still some space before apex and thus the breakout will probably take some time. Symmetrical triangles usually serve as a continuation pattern, so a bullish breakout is quite probable. In this case a target near 1.5800 looks viable. Bearish breakout wouldn’t be a good trading signal here, unless some […]
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