So far, positive Pearson correlation coefficients between system forecasts and real forex moves on the day scale have been seen both during the back testing and in the live regime and it looks like a positive expectancy trading system has been indeed created. Among the methods of risk management, we have been focusing our effors on the issues of what forecasts to trade and how to allocate capital to trades. This report is our first research attempt to reduce risk by being selective about when to trade during the day.
Danica v0.5 forecast does not "age" intra-day, is more relevant to periods of high volatility.
Source: forexautomaton.com
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