I think they do...even when the time series is random, as long as the series has certain fractal properties. OHLC is very valuable information, in fact the more OHLC data points one has, the greater the objective ability to "predict" that ...

About Candlesticks: Why they were created? What do they reveal?

It might seem unusual teapeak, but I know 2 different parties who are already doing this (TP<=2 pips) successfully on retail ECN...one of them uses really scary leverage.

Speedometer (Points/Sec)

This may not need FIX, especially since liquidity isnt an issue on spot FX; and we're not running an HFT strategy (so the effect of an execution lag of a few micro seconds should be negligible). I think an ECN Broker should more than suffice with ...

Speedometer (Points/Sec)

Wow! Thanks MathTrader.

Speedometer (Points/Sec)

You can bet your MT7 there is...especially in the really short term..huge part of many a prop trader's secret sauce.

Speedometer (Points/Sec)

An idea? Impulses are useful for scalping? Try a 2 pip stop; and a 2 pip trailing stop with a high Threshold..(and if you'd like a MASSIVE TP)

Need4Speed Scalping

Thats how some of the best scalpers I know do it. This should do better than 3 years ago with all the volatility presently in the markets.

Need4Speed Scalping

To spell the thought behind a 'better' line out a bit more: You could place your line anywhere..however I think you should prefer (if possible) to have a line which price would not criss-cross a large number of times before sufficiently heading away ...

Higher Edge within a Single Candlestick

Thanks for taking the time to answer questions on the thread Sis..thats very kind. I felt I should mention that there might be one or more ways to put the line at a price that is 'better' than others.

Higher Edge within a Single Candlestick

I see Similarity Theory from an order flow perspective. If you've got 2 price related functions that are almost always similar, when they are dis-similar it means there's a big FIGHT between bulls and bears going on behind the scenes causing the ...

The similarity system

If you use the ex4 it will. I'm on MT4-Build 745.

MTH Accel Shift- Advance Renko Trading System (ARTS) MT4 b600

Temporary Auto-refresh fix: Found an auto-refresh indicator that replaces the need to switch between TFs when trying to observe the Star indicator behaviour. All you'd need is the ex4 from the post below; input the number of seconds you wish for the ...

MTH Accel Shift- Advance Renko Trading System (ARTS) MT4 b600

Thanks Saver. Had a long day, I am tired, perhaps I do need some rest. I'll chew on what you said.

The similarity system

Thanks for replying Saver. Pardon me, the question at *1 isnt clear to me. The statement at *2 might be contentious for this reason: the price at a current moment temporarily qualifies as Transient if it has not been printed on the chart within the ...

The similarity system

Hey Saver0, Do you mean youre working with dynamic h values (i.e. different h values on the same time frame depending on price action) or its just the way you calculate probabilities thats different? Because its not quite clear how the zone you ...

The similarity system

I'll try that too. Edit: Sorry for high-jacking your thread Ullen.

Counter-trend trading

Very interesting...I think 2008 would be the steepest trend, I'll run tests for the period and post results sometime during the coming week. Thanks for the idea.

Counter-trend trading

EURUSD Sir. Edit: I should say though, the strategy isnt really currency specific.

Counter-trend trading

A little over a year ago I wouldve thought you might be crazy..I think a bit differently now, hmm..perhaps that means the younger me would think the older me crazy. Well, heres a Jan 2014 till present algo backtest of one of the systems I designed ...

Counter-trend trading