Sleep less, live fast, as it aint gonna last
Dislikedthere have been traders who posted their charts where you could see the arrows of the entry and exit... so what bogus trades.
Thanks and see you on monday
UdineIgnored
Dislikedi only take break visually then enter at market with mouse click as soon as i see break, becasue with spread etc and stuff, if u have a pending order it might fill u way before it even breaks, so no chance i will ever use pending orders for this type of trading.Ignored
Dislikedi don't disagree with you that some of the trade signals illustrated could be good; but you never know if these arrows are added later based on the repainted static charts histogram, and not added dynamically in real-time.
If these arrows are added in real-time and do not change as histogram changes colors, then that will be good. I just want to let people know that all trade signals (or arrows) generated based on the static history charts in hind-sight are not accurate. Some may be good, if the trend/momentum is strong enough and the histogram...Ignored
DislikedHave you ever heard of the "Project Ultra - True Other Time Frame Indicators" here on FF.com?
Several popular indicators have been converted to an indicator that their real behavior of higher TF on lower TF.
So this would remove the repainting issue and also hopefully the pain that comes with that.
But unfortunatley, there is no Ultra HAS and the indicators are only available as ex4. I will see what I can do next week,
when my computer is back from service.
here's the link to Project Ultra:
http://www.forexfactory.com/showthread.php?t=299608...Ignored
DislikedWow, Thanks. That is a great thread. I did not realize somebody has thought of this MTF stuff already. I guess he must have used a similar algorithm as mine to do all these ultra projects. Great information for all to know.
Thanks again.Ignored
DislikedEDIT: By the way, just to let you know that all of my simulated MTF indicators mentioned in the previous posts are originally derived from the HAS smoothed indicator and some other MTF trend/momentum indicators without stepping effect and repainting issues. I guess my simulated MTF indicators are ahead of his thread by 6 months. But again, he may have some working ultra MTF indicators working long before his thread.Ignored
DislikedOkay. I do not want to argue with you on this point again. We have discussed enough on this.
But, one problem for me is that people keep posting static hind-sight charts to show their trade signals, which did not exist in real-time. That bothers me a lot. I do not disagree with your comments and Harry's, but showing people static hind-sight charts for trade example is not wise. These hind-sight trade signals did bot exist in real-time. Why show these mis-leading signals as example?
If you entered a new live trade based on the current...Ignored
DislikedI think we have understood enough what you wanted to point out....
That's why we are looking forward to see if the winning rate is so high as Udine said. And that's why I always post charts in real time....
The biggest problem for me could be the RR ratio, but the profitability of a system comes from RR ratio & % winning ratio.
With this system we nead at least 70% winning ratio... Udine said he has 90%
Maybe he's crazy, maybe he's a liar.... who knows?
Only time will tell if the system works in the long run....
We are all looking...Ignored
DislikedI think we have understood enough what you wanted to point out....
That's why we are looking forward to see if the winning rate is so high as Udine said. And that's why I always post charts in real time....
The biggest problem for me could be the RR ratio, but the profitability of a system comes from RR ratio & % winning ratio.
With this system we nead at least 70% winning ratio... Udine said he has 90%
Maybe he's crazy, maybe he's a liar.... who knows?
Only time will tell if the system works in the long run....
We are...Ignored
DislikedHi mate,
how is life ??
are you living near the Glenmorangie territory??
UdineIgnored
DislikedHello,
I am not trying to argue with any one of you. I do agree with most of your comments.
The only thing that bothers me is people posting trade signals using a hind-sight static chart showing how great the system is. You all know these signals are added after all the histogram are repainted, and the signal generated by repainted histogram are not accurate at all in a ranging day.
So, no more further discussion on this repaint issues. Just show people the real-time chart when the trade is entered. Or using some special strategy tester...Ignored