Thanks again for your opinions (no offense but reading conversation that are turning very hot is also interesting).
About the “value” of something here is my short story about it: some time ago (summer 2017) when I save some money and time for learn fundamental analysis, I choose some Key numbers for choose companies to buy, like (how much money they have quick ratio, long term debt, etc), how much are the dividend (KGV ratio in german), how good are the company to make money (return on asset, the most important thing for Warrent Buffet) and finally how much it cost (price-book ratio). I choose Verbio and Decheng Technologies… WHAT A FLOP!!!
It that moment I look for the stocks everyone choose: Amazon for example, it cost around 900€ per stock and his price-book ratio was more than 20! ohhh man, who pays for something that it cost 20 times more of their assets ! not to say the technical aspect (everything shows overbought)… then what?… stock price got around 2000€.
I do not believe any more on value of something, rather I believe markets is a very chaotic system (chaotic in the meaning of mathematics).
In case Brisvegas still reading this topic:
Explosive momentum is a fast move , mathematically its distance over time , so we can easily ascertain this . The maths behind this is easy , define your starting point , define the time of interest and apply the maths .
Then we choose two parameters starting point and time. I tried I am not still not satisfied because the definition of “time of interest” is very subjective, I still missing explosive movements that in another time frame they are indeed explosive or a very slow but steady trend.
I post here 3 different version of it, hope you give me your opinion, everyone has different approach ( i didn’t posted yet in the neural network topic because I do not feel like advancing then will be confusing). The ideal for me is to set a range of pips and look for a steady or explosive movement without influence of how much time it takes to do so and not so much pull back that can execute trailing stop.
Please moderator, do not open a new topic. I know it is a very technical issue here but as long as someone is willing to work and develop a better “classifier” for the neural network, I don’t want to open a new forum topic.
