Applying Turing Point Prediction in Forex Market

<p>Applying Turing Point Prediction in Forex Market In this article, we provide an explanation on how to apply the turning point prediction in Forex Market. Here we will be using Swing Size and Swing Age variable to identify the turning point probability for each price swing. Swing Age is the count of candle bars from latest bar to the swing right end. Swing Size is the count of candle bars from the swing right end to swing left end As these two variable provides you the relative coordinate of the right end and left end of the price swing, you can locate the turning point value for each price swing. Check the screenshot to clarify your understanding. In terms of application, the turning point prediction is useful as it quantifies your risk for trading between 0.0 and 1.0 (or 100%). Quantification in your trading is always good because you have something to stick as a guidance for your trading. When you do not have the guidance, you will often find that your emotion will ruin your trading.</p>