Except if its a high frequency system,high speed, or a pattern trader system where the parameters are so thin than you cant distinguish a losing pattern from a winner with your bare eye.Then it must be 100% automated. And i`m pro EA, since an ...

why have you accepted the price-predictability assumption?

I found this nice picture illustrating very well how the market looks like (note the pic illustrates only the active traders not the entire market): image As you can see, its very complex, and most of it is not made of "traders".Most market ...

why have you accepted the price-predictability assumption?

That is why you must observe the market more deeper.Playing a guessing game wont make you money.And if you want to analyze the market of searching for valid patterns, then you must use scientific method to evaluate their validity. There could be a ...

why have you accepted the price-predictability assumption?

I think that particular chart is random.I mean you see a downtrend on M1, which is represented by 3 red sticks on M15, how do you know when they will reverse? Or why should they? Is it probable that after 3 red candle a blue will/must follow? It ...

why have you accepted the price-predictability assumption?

If we dont trade every candle on M1, then technically the M1 gives a clearer view than any other timeframe. So a period 10 SMA is the same on M1 as a period 2 sma on M5, but this may not be true for all indicators.Timeframe based stick merging ...

why have you accepted the price-predictability assumption?

I agree, its not the multi timeframe we should look at.But the structure formation regardless of TF. As m1 contains all timeframes already, just zoom out and see those beautiful structures forming.So any algoritm which looks at higher periods and ...

why have you accepted the price-predictability assumption?

Yep.Only about 15% of the forex market is made of speculators money, the rest is not even concerned with trading, it just adds to liqudity: government money (paying foreign debt, or lending),international bank transfers, commercial trading ...

why have you accepted the price-predictability assumption?

Open[0] != Close[1] They are not equal, because from Close[1] to Open[0] a big gap can happen.So i believe the Open[0] is much more safe.As for the second picture, its really nice, looks like you find some sort of basic edge besides the bolli.The ...

why have you accepted the price-predictability assumption?

Very nice post hannover .I think you have missed a few posts where the predictability vs the practicality of it was adressed. Sure its easy.Take a simple moving average of period 50 or 100, and trade only in the direction of it, this will ...

why have you accepted the price-predictability assumption?

I dont know if this is offtopic but i will respond anyway. If you really want to rely on MT4 indicators (which i dont really recommend), but just to educate the viewers of the forum: Here is my famous bollinger band reversal strategy which i was ...

why have you accepted the price-predictability assumption?

My point is that period[0] is better, but i use neither of them so i dont really care. My calculations are done on the tick feed so it is very accurate in itself.I also use the M1 because i`m not into merged candles.Raw data is the best, and them i ...

why have you accepted the price-predictability assumption?

Sorry i forgot to adrress your post earlier, but here it goes now.I appreciate your research on this and i`m happy that i`m not the only one that observed that pattern. The problem with that could be and it is, that the pattern appears in high ...

why have you accepted the price-predictability assumption?

Actually period 0 is much more accurate than period 1 because it gives you the signal 59 seconds earlier if used on m1, because it looks at tick data not m1 stick data.It gives many false signals aswell but period 1 does too, so not much to ...

why have you accepted the price-predictability assumption?

Maybe you are right, but its not I who is having problems interpreting the indicators, its my EA.I coded it pretty well to distinguish a good setup from a bad setup yet if i added an indicator to the equation it always showed bad results.So as my ...

why have you accepted the price-predictability assumption?

What else can you work with if not historical data.There are the news, but thats complicated to code in the NN, so NN is mostly for technical/quantivative analysis. And doesnt necessarly have to be a NN there are many self learning/adapting ...

why have you accepted the price-predictability assumption?

Who said i cannot write an EA.Besides i`m not interested in 1 pippers, ruled those out of my book about a year ago.Most of them cant even stand on my high quality historical data, let alone stand a chance in a demo or even a real account. They could ...

why have you accepted the price-predictability assumption?

Yeah sure that is why your signature shows a -97% return. If you'd made that much you would not be sitting here and talking with us.If you'd even start with 100$ and made a 100.000% return monthly then in only 4 months trading you could aquire more ...

why have you accepted the price-predictability assumption?

I understand what you are saying but do you understand me? I know that stoch is basically still the price in some form, but the dynamicness and adaptative ability doesnt come from the price itself.It comes from memorizing past situations and ...

why have you accepted the price-predictability assumption?

No-no, the price is dynamic, the indicator is not. The price changes while the indicator applies the same code/algoritm to it while disregarding suddent changes, corrections or structure formations in the price.So only the market changes while the ...

why have you accepted the price-predictability assumption?