Klee, we need a PnF update.
The question is, BFX or Bitstamp? Damnit, I already watch 4 chart for each one (2 close, 2 HL), this will make it 8 charts in total, too much information!
I just came to base and met after some time with my 2 devs and 1 tester (all ex colleagues) to discuss about the project roadmap.
The services would be (long term) in 3 fields:
1) P&F charting & tools
2) P&F TA
3) Signals & Patterns
You could be able to choose whatever you want from the above.
Regarding 2), I want to filter the noise from all these coins (and in the future every asset imaginable) with the below methods:
a) Automated signal generation & pattern scans for various P&F parameter setups for EVERY asset - so I will run automated scripts for every coin (or asset) to find which setup (eg HL 2 box reversal 3, CLOSE 4 box reversal 3, HL 4 box reversal 1 etc etc) provided a signal and/or pattern in any of them. It is too difficult to do it manually, especially for many assets. So I will have an alert and I can focus making TA based on that alert.
b) Optimisation. Back testing for every asset so you know which parameters are optimal for the given asset!!! Think about it... No need to depend on the skills & experience only of an analyst/trader but you can have an objective measure on which setup provided the most signals/patterns in the past for the asset (eg it maybe a log scale HL chart with 2% box size and reversal 3).
Stay tuned...
