Convert k game

Convert k sequel, we finish the unfinished book in our gift pack

First you need to determine the level you want to trade at. Different levels will have different strategies. 1h 4h day 15minutes 5minustes

src = (high + low + close) / 3

k = ta.ema(src, 20)

open_  = k[1]

close_ = k

high_  = math.max(open_, close_)

low_   = math.min(open_, close_)

The second point is that you need some formula, it can be any formula, the point is to break the cycle of fixed K line

Fixed K-line form, the winning rate will usually reach 50% according to the law of large numbers.

It is very important to use any tool to disrupt its own cycle, no matter what level you are trading.

The third step is to test the performance of the bull and bear markets, such as the performance of 2022 and 2018 in the past 10 years. This is very important. Focus on testing the bear market. You can still make a lot of money in the bear market. The key is that you choose the right tool to trade, just like the crash in March.

When you break the 50/50 cycle and backtest the data, the most important thing is that you build confidence, and then the math starts to work. Look at the crossover of different business cycles and strategies.

Trading the S&P 500 is a very difficult task, but it does have solutions. It is not easy, enjoy the process.