Prophet algo uses markov probabilities to get bullish and bearish probabilities for the day. Uses a custom machine learning algo which backtested gave a 75% win rate when trying to predict daily movements.
Definitions:
Positive day meaning : When the Closing price for the day is greater than the opening price
Negative day meaning : When the Closing price for...
New Method I developed and want to test, so this is more of an experiment.
General idea is that while a name consolidates it will follow a continuous-time Markov chain (CTMC), and the next state will be determined by the probabilities of a stochastic matrix.
- let a section here be a single diamond and a state be a neighborhood of 4 diamonds. The diamonds are...