In my opinion yes, it would go down 50 pips or so (I can of course be wrong). Look at the scenario from June 5, European morning. I think the situation is very similar imho to now. k

Transient Zones - Basics

Agreed. Could not stop myself from selling e/u now, with a stop at 1.33. I think they activated the buy stops at 1.3, now they could drive it down directly, or drive it down 50 pips, revisit 1.3 and then down to the ground... k

Transient Zones - Basics

Even though the scenario might be happening now... k

Transient Zones - Basics

Agreed. There are fundamental reasons for things happening that are not easily described by any technical indicator / sentiment or even a map of orders. My morning's EU long has hit stop loss, so I guess I am done for the week. Cheers, k

Transient Zones - Basics

There are also juicy stops at 1.13. k image

Transient Zones - Basics

I don't think so, but it should be easy to make it from the LVC indicator. I am curious about the stats, and would take a look at them when I find the time. I think I could modify the RecurrenceStatistic for this case easily. k

Low Volume Candles

hukam, a very interesting idea! abokwaik, your threads are fantastic and always thought-provoking! Could one use a HVC (high volume candle - defined as the opposite of the LVC, i. e. indicating strong players) pointed along the direction of next LVC ...

Low Volume Candles

Agreed. There are loads of sell orders up and also buy stops at 1.15. I suspect that all the negative news will be used to get liquidity from naive traders and then, surprize, surprize, price jumps to 1.15 and bounces down at least 50 pips. k

EURUSD

Nor -0.23+12.1*i

EURUSD

CrucialPoint was making a statement that a simple moving average is precisely a tool to say whether buyers (price >MA(T)) or sellers (price<MA(T)) were dominant over the past period T. I thought it was a neat observation worthy of reiterating. k

Higher Edge within a Single Candlestick

Thanks for the encouragement - I would say that I am actually a crappy trader, but knowing that to be a fact, I can earn some ice-cream money every now and then. Cheers, k

Random Trades = Profit

No worries. It must have been a version by somebody else. As for your question, it has been a while since I've used this indy, but as far as i can remember, the probabilities for the same h were similar across timescales. You can verify it for ...

Statistical Analysis of TZs

In the RecurrenceStatistic code there is no mention of the opposite TZs. While there may have been people adding other stuff to it, the original code I wrote dealt only with single TZs. Cheers, k edit: the mql code is here: file

Statistical Analysis of TZs

Welcome back, Vlady! Yes, it's a great thread. Neio was kicking ass on that explorer as well. In my humble opinion, this concept is more fundamental than tz/rzs. In principle the fact that mostly the day closes above or below the open means "buy ...

Transient Zones - Basics

I am becoming more and more convinced (by studying price action versus sentiment) that one should try to guess, and then do the opposite. Cheers, k

Random Trades = Profit

Massive egos, you say? I wrote: which is a correct statement. The win of the winning grid under the stated assumption is (N+1)*N/2~(N^2)/2 for N>>1, where N is the number of active trades in the grid. Because there is a square of N, it is called ...

Can someone code this hedging EA?

Use two accounts, in one only sell and in the other only buy, or open the trades both ways - hedge ("nedge") in a single account in order to test it is worth it. Otherwise, it is difficult to distinguish a successful strategy within the ensemble of ...

Random Trades = Profit

The retail is still heavily short, therefore it will go further up. Cheers, k

The Really Useless Thread

Also your math skills leave a lot to be desired. You do not need to increase the order size to gain quadratically (which is why adding to the winners is such a good idea). Let us say that each of your orders gains one unit every 100 pips. After 900 ...

Can someone code this hedging EA?

The nedging grid: Imagine that you have buy and sell grids of orders every 100 pips in EURUSD, each order with a 100 pip trailing SL. Assuming a linear movement say up, your losses in the sell grid will be linear (your SL are activated at the next ...

Can someone code this hedging EA?