A quantitative definition would be to measure the distribution of direction change ticks as it is and if there are more upticks than downticks in a certain periods of time then its an uptrend. The time interval must not be too little because then ...

Quantitative Technical Analysis

Not all pairs trend in the same fashion, and on the same timeframe.If you look for short/shorter term trends on H4 or D1 chart, then forget EUR/USD and GBP/USD and stuff like that. Only look at pairs which have big difference between SWAPS (AUD/JPY, ...

Quantitative Technical Analysis

This experiment is questionable, i dont know what sample you used or how you distributed the sample, but i know that in a normally distributed random sample it doesnt matter what RR you have, you will lose money either way. Now of course the price ...

Quantitative Technical Analysis

The simplest approach to detect a trend change would be the method that hayseed uses: url Measure the angles between the trend lines, if its not too steep then its a trend change.He used moving averages to be more dynamic. Its not the most ...

Quantitative Technical Analysis

Agreed it may sound counterintuitive, but i know why it doesnt work. Lets say you have a MACD strategy, with 12,26,9 parameters, buy above 0 sell below 0. And it is losing of course, now if you reverse that and sell above 0 buy below 0, then this ...

Just a stupid question! What happens if I do the opposite?

Its not bug its all part of the rotational method.After restart of mt4 all objects are deleted from the chart, and redrawed with the new rotational parameters. Please read my previous posts to understand it better.

Approximator System V2

Hmm ok, be careful though. Otherwise here i made an illustration to explain better what i meant in the previous post. image This is the basic concept behind my indicator, i believe all traders can be profitable in the long term, but not always and ...

Approximator System V2

Good trade buddy.Although in a double top pattern like that, i would not put the stoploss so high, maybe 1-2 pips above the first top, if the price goes higher than that then its usually an upward continuation and you lose either way. But if its a ...

Approximator System V2

However there are more ways to get-rich-quick.If one lacks completely the art of trading or any knowledge of it and just cant make his mind around it. One can design a martingale gambling system which has the highest consecutive win rate and the ...

Can statistical methods be used to create a trading strategy?

It was probably done correctly, although it may seem too good to be true.The historical data is very high quality tick data from 2003 until 2014. The spread was set to the daily average spread (it may cause some problems as usually in news/breakouts ...

Can statistical methods be used to create a trading strategy?

"Can statistical methods be used to create a (profitable) trading strategy?" So basically the answer to this question is yes, statistical methods can be used to create a profitable trading strategy, i`m sure it was meant to ask for profitable ...

Can statistical methods be used to create a trading strategy?

Ok thanks, this system is one of my new inventions so i dont know exactly how profitable is in long term, and because its variance it needs many testers not only 1 me.If it works out i will continue to develop it, if not then it will need some ...

Approximator System V2

I certainly dont understand why you need to filter the price if you are not going to trade from it in this sense, it is like removing noise from a song that just been recorded in a studio, to never release the song to the public after. Anyway i dont ...

Can statistical methods be used to create a trading strategy?

Hey eitan, are those thumbs up and down from my new APROXIMATOR indicator ? If not, then you might wanna check it out, for the past 2 weeks i have been working on that, and other projects.I know that you have some good skills to put together ...

Eitan's Project

Let me throw you a bone guys, i redid the experiment, turns out that i was right. And the worst of them all is the SSMA, which had about -25% less profit than every other, in each and every test.I measured the lagg resulting from a suddent breakout ...

Can statistical methods be used to create a trading strategy?

Haha, Money never sleeps pal ! Anyway thanks guys for helping

Approximator System V2

Did anyone demo traded anything off the indicator, i`m curious what results did they achieve. If someone could trade this over a period of time on a demo account , and show here the trade history, i could better improve the indicator because we ...

Approximator System V2

Ok updates are finished, it's still hot so if you find any bugs please tell me immediately.The other versions will be deleted because this one is so advanced with so many new features that the 1.0 doesnt really matter anymore. Updates: Modified the ...

Approximator System V2

Very well then,i see what i can do, looks like we need another update, i will include new features too altogether.

Approximator System V2

I just detected a minor bug in v1.2, so i had to fix it, so please delete 1.2 and use 1.3 instead. Changes: Fixed minor bug with arrow painting on new bars Used the opportunity, and added a display in real time of the spread It is a dynamic spread ...

Approximator System V2