I think the main reason they push mt5 is more for the server back end. But brokers are reluctant to make the jump mainly because of users. Buddy of mine was the head developer at IBFX before they were bought by tradestation and they had to do a lot ...

Questions about MT4 usage

Here's the code I'm using to get the delta of a call option: I've got the function set to return the delta, but I guess if you wanted to get the standard option price and not the binary price, just uncomment that return and return that instead of ...

(binned per thread starter's request) FX Option calculation

For daily ATR, I've been using a modified ATR for years and it's a lot more accurate than H/L ATR since most bars only hit the H/L ATR less than 80% most of the time for most instruments. I'm basically using a factor of the O/C. Play around with ...

(binned per thread starter's request) FX Option calculation

99% of the way there. The one thing that will be key for accurate pricing is updated IV. Live updating HV might be a decent enough of a substitute, but we'll see next week when the markets are going. I'm tempted to screen scrape IV and feed it ...

(binned per thread starter's request) FX Option calculation

The equation is text book. The alternative to z-score is standard deviation of the natural log returns over x period.

(binned per thread starter's request) FX Option calculation

Even though this thread has been binned, I'd just like to update with a few of my findings. Hun's formula for HV usually comes pretty close to IV. I ran multiple tests on multiple pairs including indices and commodities. For IV I just used the IV's ...

(binned per thread starter's request) FX Option calculation

Yup. 90% of the analysis focuses on price, historical price, lots of math done on price, but very little is done with TIME other than trying to optimize period settings for measures of price. Projection lines has been my one of my focuses for a very ...

"Structure" of the market

That's still pretty one dimensional when looking at the OHLC. So you've answered the What since you can go up/down from a reference point. How about address the who, when, where, and why. who: pair or instrument when: time analysis. cycle analysis. ...

Higher Edge within a Single Candlestick

Other than sideways, that's all there is. Stare at a candlestick for a while and it should all make sense. ~sincerely, CP. But seriously, stare at one. Stare at a few more. What are you looking at? A candlestick or bar gives you 4 points of ...

Higher Edge within a Single Candlestick

I've had a call option going on the proshares ultra short nasdaq 100 ETF (symbol QID) since yesterday. It's in profit quite a bit now. Up over 125% and I didn't even get in at a decent price. The price time forecast is dead bang on with it. Options ...

Cycle Trading

Just closed out my daily driving home from work AUDUSD nadex binary option trade. Price coming off the bottom was a no brainer especially with a strike right there. Got home and added on at the pull back. Took profit early even though I think I ...

Cycle Trading

Here's today's lunchtime trade on the gbp/jpy. ITM put for 149.80 strike. Finished about 40 pips (400 ticks) in my favor for an easy win. I did have to keep my finger on the abort button for a bit there when price kept getting above the level. ...

Cycle Trading

The point of the alligator indicator is to act as a filter when not trade, provide an exit area, and also a breakout as well as w/r line. New Trading Dimensions goes over it a lot better than the Trading Chaos book, imho. If you want a cleaner chart ...

Simplified Chaos Trading

Yeah, years ago I was in a mastermind group and we looked to turn those concepts into practical trading applications. Checkout Marko Rodin if you haven't. Also Naseem Haramin. Rodin's work is more applicable since he provides practical applications ...

You do not know how to trade

Cool. A Walter Russell fan. I've been doing cycle/subcycles/gann/blah blah blah for quite a long time. I think I've even figured out how to plot the 4d torus into a 2d price chart. Also the "zero point" you talk about. Sort of the inverse of the ...

You do not know how to trade

No worries. Hopefully some of the currency folks get the options bug. Nadex spreads are a great way to mirror market movements with limited risk and without risk of getting stopped out if the trades are setup properly. I've got QID (proshares ...

Let's Trade Options

Over at NADEX they've got pre-built vertical spreads. When the opportunity arises where I can get one when price is at the floor/ceiling, I'll hedge with one going in the opposite direction if I can find another cheaper one with price at the ...

Let's Trade Options

I also shorted GBP/USD in my spot forex account. Price Time Forecast was pretty spot on, eh? url

Cycle Trading

Last night was also a great opportunity to a deep OTM binary play. The daily pivot was was over 3 strikes away making the nearest strike to the pivot pretty damn cheap. Picked up them up for $13.25 per. Set up an order to close on the touch for ...

Cycle Trading

Last night was a great a setup to do the hedged gbp/jpy again. $97/per bear spread. $18/per bull spread as a hedge. Trade was never in danger. Bull spread expired for $0 at 5:00am Sold the bear spread at 5:30am for $198 netting $198-$97-$18=$83 per ...

Cycle Trading