Could somebody help explain the correct way to use:
a) harmonic mean
b) st deviation
when creating strategies.
I've been doing this:
st deviation/harmonic mean x 100 (to get a perentage) and using this to form my min profit % steps.
However, this is probably complete nonsense so any advice (with example) would be greatly appreciated.
It is actually a good way to analyse the trend. Anyway, I would invite you to look at investopedia.com (it is a great source of info)
Yes, thanks. I use investopedia.com a lot. It is really useful as you say. I will start a "Useful Links" thread shortly for users to refer to.
That’s great !