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- MACD indicator with distribution display for MT4
For those who are interested. I decided to create a new thread, because I don't want to clutter the ...
I realized that my previous post might have turned out a bit too negative. To clarify, I just wanted to address the "holy grail" thing. NNs are the holy grail of automated trading just like forex is the holy grail of money making. In other words, ...
NNs might look like the holy grail, but in practice they need quite clever (definitely not trivial) data preprocessing for producing anything useful. You can't just make a bunch of interconnected "neurons", feed it with raw price (probably a window ...
The contents of the zip file: indicators/JK_MACD_2.mq4 include/JK_Lib.mqh That's why you need to extract it into the experts folder .
For those who are interested. I decided to create a new thread, because I don't want to clutter the ...
You're right ! The bars are more likely to close inside ranges that are wider. That's the reason for the dip in the the distribution if fib levels are used. Here's a picture with even ranges (50 pips apart):
diallist: A great analogy, thanks! Mx_Power: Sure, just let me clean it up a bit . And, yes, it's for MT4.
Hi all! The VWB2 document inspired me to play a bit with statistics ... So, for starters, I made an indicator showing price distribution around the daily EMA. The picture shows a closing price distribution around EMA-24 on the daily chart. Well, ...