2 Questions regarding IB Extensions and PSA

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joshdawson
Last seen: 1 year 2 months ago
Joined: 04/14/2015 - 12:25
2 Questions regarding IB Extensions and PSA

Chad,
Is there a chart that will calculate the probability of IB Extensions being breached? in addition is there a way to adjust the range to see if that affects the probability of the IB Extensions hitting?
For example
IB Range Mean = 30 ticks
High >= IBH 1.3X = 80%
High >= IBH 3.0X = 2%
Low <= IBL 1.3X = 78%

High >= IBH1.3X and Low <= IBL 1.3X = 10%

Intial balance Range = 120 points
High >= IBH 1.3X =50%
High >= IBH 3.0X = 0%
Low <= IBL 1.3X = 25%

High >= IBH1.3X and Low <= IBL 1.3X = 2%

With the Pivot Strategy Analysis(PSA) is there a way to exclude time or edit the start time and end time of the PSA?
For example, is the Mid trade set-up more successful after the hour of 10:30 AM?
Do we mean revert to VWAP more often in the 2nd and 3rd session of RTH V.S the 1st session of the RTH?

Thank you for your help in advance.

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