I have another point of view. But that's the whole idea of an open discussion I read somewhere that the market are ranging 80% of the time. I still don't understand if that means 8 minutes every 10 minutes or 8 months out of 10 months (makes a ...

Quantitative and Algorithmic Trading

What do you mean by ""That means, in betting on mean reverting we have the situation of limited gains (the mean) by facing unlimited losses eventually.""? If the price reaches say the 2nd std dev you enter against the move and target the mean. ...

Quantitative and Algorithmic Trading

Quite a lot of material to read! Thank you for that. I thought the link was about averaging up (aka adding in) but it's about averaging down (aka adding on a loser). The example is yet quite biaised as the author (almost) assumes the price will go ...

Quantitative and Algorithmic Trading

Managing the trade is so much more important than the system/entry. No system I saw in FF includes a proper trade management rules set. This is certainly the most advanced topic and the least discussed one. Can someone explain me why this was moved ...

Taking Profits too early?

Sorry I cannot. I'm writing an full application. It's not just a small bunch of code I can share.

How often does the 1h candle reverse itself from its open?

Ah. I didn't understand the question then. Sorry. (I wasn't talking about breaking out any H/L but the movement of the price within one single H1 candle.) No I'm not using MT4. I coded it myself.

How often does the 1h candle reverse itself from its open?

Almost all the candles have wicks and to form the opposite wick the price has to go first in the opposite direction... Unless your question is how often does the price travel the body 3 times? More often than I expected. Below the orange candles ...

How often does the 1h candle reverse itself from its open?

Two things you may not immediately notice with renko charts after you searched the web: - The amplitude of the price move can be up to 29 pips before a new brick appears on a 10 pip chart. That's about three times the brick size. Renko indi often ...

Trading with altered price chart: P&F, Range Bar, Renko, Kagi, etc.

That's strange. I can upload the image you posted and attach it flawless. I'm using Firefox 17.0.1 under Windows 7. I also have a third option "Upload Screenshot" you haven't on your screenshot. image

What is a bar called where OHLC has the same value?

I know this as a "perfect doji". But a lot of people will call perfect doji any doji where the close exactly equals the open. @pipcorn, don't you have a link Upload From Computer below the [Post New Reply] button?

What is a bar called where OHLC has the same value?

That's not this kind of noise they filter the best. Range bars are very good at filtering 1/f noise: a huge bearish outside bar engulfing 4-5 previous bars against your long position on a time chart becomes a counter trend on a range chart. You can ...

Trading with altered price chart: P&F, Range Bar, Renko, Kagi, etc.

Which is actually (and counter-intuitively) a good thing as long as you add against a pullback in the direction of the main trend. And because one cannot know if the pullback isn't a reversal they shall share the same SL.

Adding On to Winning Positions

That's the nice scenario but as permully says you can have very volatile trend. Imagine your SL4 retracing below SL2. You get a BE and a loss. The loss isn't big but they add up... Not a big deal if you can re-enter though. It can also happen at the ...

Adding On to Winning Positions

Well I think I have a little clue about how to build the range bars since I built them from tick data <;!) I indeed didn't think about big moves that will produce a lot of full bars thus increasing their ratio. But I see a lot of hammer-like bars on ...

Trading with altered price chart: P&F, Range Bar, Renko, Kagi, etc.

Hi, I wish I could give you a nicer answer. Unfortunately it is indeed a poor idea. Yet at first glance it is seductive. You enter with a small risk and increase the lot size for a winner. Small loss; big win? The stark reality is different. I've ...

Adding On to Winning Positions

What TF do you backtest? Are you using long period indicators? If you use say a 200 period SMA or a pSAR on daily these indi cannot yet provide acurate data.

Strategy Results Poor in 2001-2002

FXEZ told me I should be more of a quant. So... I was willing to fit a Gaussian and a Cauchy distributions on a daily and a hourly return histograms. I wanted to see how better Cauchy fits the market compared to a Normal distribution. Actually I ...

Trading with altered price chart: P&F, Range Bar, Renko, Kagi, etc.

Hi. Based on this idea on G/J Daily, a bullish OB on H4 and a 2-bar engulfer on M15 I just took a long (153.25). Now if the plan is to expect the BO of the last daily high (153.89), what is my target supposed to be? I see nothing obvious before ...

H4 Power

Never losing has a cost you cannot afford.

Share your daily Message

My timezone is UTC. No problem if you don't see it. It will come with your next H4. It's not important because some times the first trigger is a loser and the next one offers you an even better price. So that's not a race. I've read somewhere ...

H4 Power