These Sunday bars should not be there and they are not relevant; they just take up space and add unnecessary variables to the chart which will confuse you and many times
generate false signals.
Not exact matches
Buy
signal was recently
generated as market was attempting to form a bottom, but the buy
signal fails (
false buy
signal)
In addition, the researchers identified 428 candidates as likely «
false positives,» or
signals generated by something other than a planet.
In this situation, trend following systems such as the moving average do not perform satisfactorily, as many
false signals are
generated.
Entry setups rarely trigger (around 50 % of the time) but when they do they can
generate huge profits (always aim for a High Reward: Risk ratio),
False Breakout patterns are very powerful, download Price Action Tracker Now and Try our
False - breakout
signals.
Most timing mechanisms
generate too many
false positives —
signals to exit when no bear eventuates — and so increase trading costs and tax events.