AUD:SGD - Performance of Cyber Ensemble for currencies trading.

8 Mar 2020

8 Mar 2020

Not

~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~ * ~
Comparison with PRISM Signals performance below:

8 Mar 2020

Not

==================================================================
Applies for BTC:USD as well.
Works well at the 15min timeframe. However, the performance is not as good as 3 hrly since price movement can be more "random", doesn't necessarily adhere to TA well, and difficult to predict.

Typically need a different trading strategy to trade at such short timeframes IMO.

At such low time frames, looking at the underlying/hidden momentum/acceleration/hidden momentum shift, etc. (i.e. PRISM Signals and PRISM Oscillators) tends to be more effective rather than relying on traditional TA/patterns that works better at longer timeframes where randomness/noise are averaged out.

Works well on the 1D chart as well, especially for the more mature and less volatile markets, where price moves slower.