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What is False positive?

A signal that fires when the event it is supposed to detect did not happen. Every pattern has a false-positive rate that must be measured.

In context

False positive — A signal that fires when the event it is supposed to detect did not happen. Every pattern has a false-positive rate that must be measured. [Ch 9]

From Reference: Glossary, Pre-Session Checklist, GC→XAUUSD Conversion and Contract Cheat Sheet

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