Today I was doing some more analysis of historical data. I made a simple research and analysed 4 pairs and theirs frequencies od daily ranges and found interesting information. Im also going to analyse probabilities of occurence of two and more directional candles in a row on different timeframes. I want to determine the most probable ranges and sequences of directional H1, H4 and D1 moves. Next step will be tunning of a trading plan and backtest it intensively. A simple breakout system based on optimal parameters from the data analysis performed neutrally in today's backtest and it has a great potential for improvements.
If I will find some time, I'll post more information about my research.
