I was speaking in general about this forum, not about you.

Statistical mean of the market [quant corner]

You keep being obtuse and you focus exactly on what I've said instead of what I meant. You know perfectly well what I meant when I said "measuring their predictive power". I'm tired of discussing semantics. As they say, when you only have a hammer ...

Statistical mean of the market [quant corner]

When I said classical DSP filter I meant classical in the sense of a filter used in practical application, like Butterworth or Linkwitz–Riley. I think you are making a mistake in looking in an analytical way at filters, instead of measuring their ...

Statistical mean of the market [quant corner]

Research shows otherwise. There is very very useful information in the INTERVAL between consecutive ticks. It contains a lot of information, for example by analyzing this data you can measure the level of informed trading occuring, which can help ...

Statistical mean of the market [quant corner]

An interesting thing to note is that the paper was written in 2000. And it is about tick-based "indicators" and non-linear time-frames. 14 years later, retail forex still uses bar-based indicators and wall-clock timeframes. I bet that in 2030 retail ...

Statistical mean of the market [quant corner]

I tried them, and use them when appropriate. The recursive formula is shown in the 4th picture. I didn't compare them with classical DSP filters, since I don't find those useful for trading, but you can easily load the formulas in a math software ...

Statistical mean of the market [quant corner]

There are much better moving averages out there. But they are written by academics, which you dislike image image image image image

Statistical mean of the market [quant corner]

Please explain then how can a HFT firm can have A SINGLE LOSING DAY IN 1238 (3.5 years). Those computers must be masters of emotion by your theory. url

How do you control fear and greed?

A lot of professionals are still doing this. It's called DOM (depth of market) trading. Of course, unless you are REALLY good, the computers are going to kick your ass at this, since this is what they are especially good at. image image image

Quotes (price) trading

Yet you kept on slamming everyone who mention other days except your precious last 2.

What an ugly market the past 2 days eh?

justin clearly has a bit of OCD. You can see that multiple times he said that all he's talking about is the last 2 days, and not the others, as if the market revolves around him and his perception of it. If he thinks that the market was random in ...

What an ugly market the past 2 days eh?

Jason, is it possible to get access to the DailyFX Volatility Index (as seen in the article below)? image url

FXCM Discussion

If after 8 years of trading you still have a small account, maybe you should reconsider this line of business. Unless of course, you trade for fun. And indeed, FXCM is moving away from small traders. A quote from a recent press release: The US ...

FXCM Discussion

Please, tell us, what is the current trend (in anything you wish). But I will understand if you will keep this to yourself. But do come back a few months from now to tell us how it is to be filthy rich from forex, for surely following the trend ...

Too smart to see the trend

Renaissance Technologies was sued recently for some tax illegalities. Some nice extracts from the docs about what they are doing. A few things which go counter the usual wisdom on these forums. They manually intervene over the algos when market ...

Statistical mean of the market [quant corner]

Typical retail trader: image Typical professional trader: image image

95% Lose in FX is a Myth: % Profitability in the US last year

If more proof was required that most traders are losers... Furthermore, the final results of the study yielded that over a four-year period of time (2009-2012), the percentage of investors experiencing losses came in 89%. The average loss of a ...

95% Lose in FX is a Myth: % Profitability in the US last year

Yes, I'm aware of the push/pull difference. But somehow I assumed that the FIX API doesn't push all the ticks. Do you get level 2 data on your FXCM account through FIX? They are supposed to offer this on Active Trader accounts, but I'm not sure if ...

FXCM Discussion

That is interesting, I record live ticks through the ForexConnect API, but I also download historical ticks. And I find that I receive much less ticks live than I can download. For example, on 10/10/2014 (as in your image) I only received ~45K ticks ...

FXCM Discussion

That's not a binary file. It's still a text file. He meant that you should group each 8 consecutive values in a byte (or 16 bit or 32 bit word) and do stats on that. So the first 8 chars in your file (11101000) would become the 232 decimal value, ...

Secret footprint in the markets