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robots4me replied Jun 9, 2019Oops -- I may have just got myself suspended again. If I don't post again for awhile you'll know why. That @bluesteele fellow monitors every word I type.
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robots4me replied Jun 9, 2019@btrfx1 -- thank you for your post and the beautiful colors -- they certainly brightened my evening. You are a gentleman and have a good heart and I accept everything you say in the spirit it was given. And though I'm just a young whipper-snapper ...
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robots4me replied Jun 9, 2019@Pip-Miner -- I understand. However, notice that others who are less experienced than you are providing ideas and observations to make progress. It's okay to point out what's wrong, but then suggest a fix -- but you never do. Hedging doesn't belong ...
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robots4me replied Jun 9, 2019image The screen shot above compares @Nih98's FX RSI subwindow with the built-in Momentum indicator. The results are similar and you can use either one. From a coding perspective it was easier for me to add a Momentum filter to the IRUTM indicator ...
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robots4me replied Jun 9, 2019I've updated the IRUTM indicator to include a momentum filter. All indicators are bundled in a *.zip file located in the other thread "Custom Indicators for TMA-ADR Reversal Trading and BBMA". Here's a link: url image In the screen shot above ...
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robots4me replied Jun 9, 2019Hello friend @Nih98 -- I was just now updating the IRUTM indicator and was taking a closer look at your M15 settings -- again, thank you. I saw that you use 22 for the ADR's number of days to average -- most ADR's use 20 days as the default. I'm now ...
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robots4me replied Jun 9, 2019@Pip-Miner -- you give me no credit. Wasn't it a couple of weeks ago you were gleefully predicting the end of this thread? And then you ran over to @George and begged to become a member of his inner-circle? Regarding @George's 200,20,7 SMAs -- they ...
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robots4me replied Jun 9, 2019@thisara1 -- looks like your chart is a different trading system. Currently I'm not interested -- perhaps later.
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robots4me replied Jun 9, 2019@thisara1 -- but isn't the first one also a good BUY reversal? Can you find a "false positive" and show that volume can be used to distinguish between true signals and false positives? Or are you saying to ignore M1 TMA and just use volumes?
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robots4me replied Jun 9, 2019@Scott2locky -- yes, you are correct. And you're speaking from the perspective of an experienced trader and applying some discretionary decision making. If you can convert what you just wrote into a set of rules, then it can be coded. The goal is to ...
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robots4me replied Jun 9, 2019@thisara1 -- thanks, but this doesn't really help in terms of distinguishing between a signal and a false positive. Using the IRUTM indicator, find a pair that includes a true signal and a false positive. And then overlay your volume chart. Does ...
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robots4me replied Jun 8, 2019@hibra68 -- you've been here at FF since 2015 and you don't know how to use the search bar? Why would you post a question like that in the middle of a thread?
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robots4me replied Jun 8, 2019@YoungET -- nice try, but not close. Okay -- I'll give you guys a clue. It's all here... image
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robots4me replied Jun 8, 2019Hello friend @Nih98 -- this is so excellent, thank you. I do like using M15 and I will switch to your settings. You know, with all the BS coming from the other camp it is so nice to hear from you. It always brings a smile to my face.
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robots4me replied Jun 8, 2019@skyway -- an outright lie. Early in this thread @George was supportive. Check out post #489 -- here's a link: url THE INDICATOR HE HAS CREATED IS A PERFECT INDICATOR ,,,, IT DOES THE JOB VERY NICELY ! ! ! ! So, was I advised not to go down a ...
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robots4me replied Jun 8, 2019IRUTM TMA Reversal Trading System (Part 6 of 6) Actually, I have nothing more to add at this point. When I began this series of posts about the new indicator I wasn't sure how many I would write -- I picked '6' out of a hat. Since I am a man of my ...
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robots4me replied Jun 8, 2019Hello @dotman -- your English is fine -- much better than my Nigerian.
Thanks for your observation -- yes, simple filters like this are easy to add and could make a difference. If you can demonstrate how this holds up across different pairs ...(binned per thread starter’s request) MM (Money Maker) Detective
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robots4me replied Jun 8, 2019@skyway -- when I saw that I did a double-take. It sounded like something @George would say. @skyway -- considering all the abuse they've laid on me, if I can let it lie then you should be able to, as well. In the end we'll leave them in the rear ...
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robots4me replied Jun 8, 2019@YoungET -- this is excellent. This is exactly the type of assistance I was hoping for. If you come up with an interesting observation then I will incorporate it into an existing indicator or a new one.
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robots4me replied Jun 8, 2019@Pip-Miner -- for now, let's leave EAs out of this. EAs don't trade like humans -- they rely on exact thresholds -- e.g. RSI >= 70. And if the RSI is 69.999? The algo says no go. But a human may decide that 69.999 is close enough. EAs have no ...
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