- Search Metals Mine
-
Proximus replied Aug 30, 2014I want to trade a basket, thats not the issue here, by trading the basket you minimize the risk ,that is the "long tail" unexpected events,with diversification so in average you mostly get near median events and results on your equity curve. Its ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 30, 2014Yes, well the fact that everyone has its own subjective charts, will not ruin anything, it is just that everyone will have different prices at the same time, but they can only trade their own prices, so its not really a difference.Besides the bigger ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 29, 2014Yes i agree, because if you have a busy job then you are forced to take longer term trades, so you will probably trade with the trend, the long term one, so the trade's winrate will be very high, DD low if the Risk<Reward ratio is respected, also ...
Having a 9-5 job can actually help with your trading!
-
Proximus replied Aug 29, 2014Yes, mine makes extra work to calculate the sum at each bar, but mine is the more precise as i always divide the sum/period and dont round it. Anyway, i made it in 5 minutes so what can you expect, i didnt considered speed to be an issue
That is ...Let's build together a system which makes 1000%/month
-
Proximus replied Aug 29, 2014Ok its ready the PROXIMUS SIMPLE MOVING AVERAGE, CORRECTED. It is a simple moving average, plotted on the CLOSE price, with MAXBAR settings, it is actually looking at the arithmetic mean of the price /PERIOD which can be set. The MT4 basic one ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 29, 2014Yeah, the data is totally different, my broker has 3640 while ducascopy has 3363 days between 1 dec 2003 and 28 aug 2014.Also there is a 0.05 correlation between the data because the samples dont match in size, nor in the date. This is because ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 29, 2014I see, well then can you please download my historic data and compare it with yours to make sure they are the same. Maybe the problem is with your charting, you should post the code of your MA here and see if there is a bug in the code. I will use a ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 29, 2014
I think you made a mistake there Pip, your picture shows the trend from 30.8.2004 -> 23.12.2005 , while mine shows 15.12.2005 ->15.7.2007
Just a little misunderstanding there
Also there maybe differences between the price on your ...Let's build together a system which makes 1000%/month
-
Proximus replied Aug 29, 2014What do you mean by that, i dont understand ? image
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 29, 2014Why do people never read the thread, OR use the search box, before asking a question to not ask the same question 9999999 times ? I really dont like to answer to the same question 99999x times, so please use the search box before asking an obvious ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 29, 2014The SMA is a very good tool to spot the trend, once its established, the problem that i see with moving averages, and thats why i think it should not be used alone, is that it doesnt signal the end of the trend. image The quarterly 65 period SMA ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 29, 2014Here is a visual example: If we were to only use moving averages to spot trends, which i dont agree with entirely but just for example, then this is the difference.The AUD/JPY was in a very nice uptrend for 2 years, it had its fundamental reasons, ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 29, 2014Wow i didnt read the whole text there, only the top row where it explains how behavioral bias destroys traders.It can have many types but i think the recency bias is the most common. Now look in "news time" it might not be true, because after a news ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 28, 2014I agree only if we should treat every timeframe equally important, i mean MT4 is divided into basic TF like 30 min , 60 min, 4 hour ,etc Why this one ? I can be the also 27 min or 13 min or 65 min charts, the 30 and 60 is a nice round number but in ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 28, 2014Almost, but not quite, the ADX is filtered trough an exponential MA which is a logical fallacy called: Recency Bias Since i learned this, i dont use anymore exponential or any other weighting only linear (Simple Moving Average). So we need a linear ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 28, 2014Ok here is the quick indicator which i made, a corrected ATR, without rounding errors, and with maximum bar settings: It will measure the average speed of the market, that is the rate of change of price, without including direction, /time (in this ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 28, 2014Shit you got me there
However 1 thing is still true, the fact that we will base all indicators on tick data, or atleast M1 if we want to analyse the past, as tick data is not available in MT4. We should base all the indicators of MT4 on M1 data, ...Let's build together a system which makes 1000%/month
-
Proximus replied Aug 28, 2014Maybe i didnt explained it well, but what i was trying to say is to count ticks by their direction, upticks and downticks, and see how they distribute. Of course ticks have many transaction behind them, and they vary from broker to broker, from LP ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 28, 2014Interesting method, however its a Voodoo BS.Sure it can be quantified and its objective, however counting bars in nonsense, as i said there are no bars in reality, the entire FX market is a stream of BID/ASK data, there are no candlesticks!!! What ...
Let's build together a system which makes 1000%/month
-
Proximus replied Aug 27, 2014Probably, but we dont even have the basics of the system yet, so we need to work that out.
Let's build together a system which makes 1000%/month