- Search Forex Factory
- alphaomega replied Apr 4, 2023
For MT4 (or MT5) It's best to create portable installations. video
How to start MT4 from data folder
- alphaomega replied Feb 27, 2023
It's not as simple as it looks! Most of you tend to make the same mistakes. Looking at the charts searching for single events and setups to match your ideas and to confirm the validity of some imaginary strategy. Which in most cases is not even ...
Trend following system is dead
- alphaomega replied Feb 23, 2023
Trend following is dead. Trend trading is alive. Do you know the difference? For trend following to work you need smooth and relatively consistent price curve. You need significant directional drift. You need bias. On the classic Monte Carlo ...
Trend following system is dead
- alphaomega replied Feb 1, 2023
Looked at bit interesting for a moment. It's unfortunate that Microsoft got involved with this project. As usual they are going to ruin everything with their stupid corporate policy. Already you can see they forced the developers to put too many ...
AI talking
- alphaomega replied Jan 19, 2023
The way I see it. Low level AI - Uses pattern recognition and tries to predict the future price by analysis of the past. Mostly technical/statistical approach based on data series, but may include fundamental analysis as a second layer. Trading is ...
AI talking
- alphaomega replied Jan 18, 2023
It's highly debatable. First of all, we don't even know how biological evolution works. We only have theories based on observation of external factors! This is NOT the same as the actual knowledge of the internal mechanisms and all existing ...
AI talking
- alphaomega replied Jan 18, 2023
Now, to get back on the main topic. Trading with AI. Writing the code is meaningless without the purpose! You don't even need the code. It's a standard routine. No need to modify it every time. The basic EA template is the same for all trading ...
AI talking
- alphaomega replied Jan 17, 2023
Unlikely for humanity to survive that long to witness such development. Serious problems will arise much earlier. According to the current popular delusion, AI will continue to evolve as extension to the human mind where the human is primary and AI ...
AI talking
- alphaomega replied Jan 17, 2023
While I'm very excited to witness the whole thing and to participate in the AI revolution, I have to say, We are doomed! It's a matter of time now. It''s happening. It's here. You can see it. You can smell it in the air! The tension. The excitement. ...
AI talking
- alphaomega replied Jan 4, 2023
If you take all traders in the world and track their account balances you will see something very interesting - the total amount of losses is not equal to the total amount of gains! So, where is all the money going? It's a secret!
Does anyone still believe that Forex is a zero sum game?
- alphaomega replied Dec 22, 2022
In my opinion most traders who are not professionals and trade only in their spare time will get the best results with some form of semi-automated approach to the market where multiple backtested strategies and setups are pre-programmed into single ...
Fitting life around trading. Anyone change style to scalping?
- alphaomega replied Oct 6, 2022
MT5 sucks and there is not much you can do about it. While I like some of the "new" features of MT5, MT4 still is my main trading platform. Upgrade your MQL4 to latest version, up to the specs of MQL5 and move on. There is no reason to switch ...
MQL4 to MQL5 - Conversion Process
- alphaomega replied Jul 14, 2022
You don't know? The Crypto "revolution" is over! Bitcoin is a failed experiment. Blind believers, smart speculators, scam operators and other interested will continue to support the "dream" for many years. You will see more ups and downs on the way ...
Are bitcoin owners making a crypto-exit?
- alphaomega replied Apr 27, 2021
I was talking about something else and much much simpler. Strength of individual currencies. You can't use volume in decentralized market.
The brutal truth of day trading
- alphaomega replied Apr 27, 2021
How about you stop drawing lines, forget about the common "technical analysis" and all these stupid theories? Start to pay attention to the things that matter! Take currency strength for example. One of the most simple and yet most important things ...
The brutal truth of day trading
- alphaomega replied Apr 26, 2021
"The devil is in the details" You have heard this before but you continue to ignore the "details". (The tails)
The brutal truth of day trading"The trend is your friend" But not all trends are the same! Many friends are going to betray you! So pick wisely!
- alphaomega replied Jan 28, 2021
Averaging down is a form of martingale. And as we know martingale does not work long term. Is it profitable?? Yes, absolutely. Averaging down definitely works short term. But at some point the strategy always breaks down ending with substantial ...
is Averaging Down Profitable?
- alphaomega replied Dec 10, 2020
Simple and very effective solution for this problem. int bars=1440; double chop=0; double curvelen=0; string symbolname=Symbol(); for(int i=bars; i>=0; i--) { curvelen+=(iHigh(symbolname,PERIOD_M1,i)-iLow(symbolname,PERIOD_M1,i)); } double ...
Choppy market index: any good ideas?
- alphaomega replied Oct 4, 2020
"I'm always fascinated how the FX machinery works. Very well designed. Leaves almost no chance, and makes it look like there is plenty." This is very good observation! Buy low, sell high, adding (averaging) to losing trades and letting losers run ...
Do you manage losers and let your winners run?
- alphaomega replied Sep 30, 2020
Discipline can't help you when the odds are mathematically stacked against you! The theory about "lack of discipline" is yet another psychological excuse which many people use to keep the trading dream alive. Either you have real mathematically ...
What Was Your Turning Point In Trading