I was wrong!!! Not even Mathematics can be used to make profits on the Forex Market!
My calculations were wrong or inaccurate. I did not consider some very important variables. I realized this after the last trade the EA took which was a loss by result of slippage, a huge! slippage. Long story short... Forex markets are not profitable! GO argue with your charts...
HOWEVER night trading is profitable! therefore I have republished my first EA that I made 2015 for FREE this time. There's currently a night trading EA on the market selling for over $1000 W T H!!!
So I decided to republish mine, which is better by the way, for FREE. But I know people like being scammed, so it won't be as popular but whatever, I'm doing this for people I wasted their time around here, I gave them false hopes.
I'm Sorry! Download the EA here for Free and recover all the money you lost on FOrex then quit!!!
Introduction
I am a programmer; I was introduced to forex market by a client in 2015. After studying the markets I then published an EA on the mql5 market August 2016, sold just 5 copies and rented 10 copies for one month only, because I believed then that too many users will affect EAs performance so I removed it from the market. It was a night trading EA as my research back then showed that the only profitable strategy was night trading. There was one best selling night trading EA back then, tried searching it but couldn’t find it. It was performing well but had a flaw of massive drawdown which cancelled a lot of gains in one bad trade, but still profitable in long term far & far better than anything on offer in that period, even today. So mine was better in ‘stable drawdown’ terms. Point is, 6 years later there’s still no profitable strategy besides night trading. You can check it yourself; even signal providers, the only stable ones are those with ‘flouting losses’ base strategies (Overall losers cause they’ll have to deposit at some point to manage drawdown) and night trading. On mql5 market.
Main
I spent a lot of time researching about forex market every time I get a forex client, so lately I spent a great time trying to figure out why everyone is so stupid and couldn’t solve a simple equation, which is:
· Find a certain pattern with a probability of 51% or more
· 49% of the time you lose, make sure you lose less or equal to what you profited 51% of the time
Simple!!!!
So I worked! I started with the most popular indicator which is Japanese Candlesticks, wrote a script that calculates accuracy of certain pattern during certain period of time e.g. how many profitable inside bars in the last 2 years, by profitable I mean 2 pips & more at least.
After 8 months of coding I reached the following conclusions
· Not a single popular pattern is profitable, not even one!
· 90% indicators are moving averages. Pointless to combine them, they do the same thing!
I didn't know there was a research paper published on this point, I wasted so much time on this
thanks to user @tommydoginti 
https://www.researchgate.net/publica...et_Eurusd_Case
· No such thing as Naked or Price action strategy, it’s a joke because candlesticks are momentum indicators! Duh!
· Forex is a utilitarian market, Retail trading account for only 10% of the $6.6 trillion per day traded volume.
· Most retail trading income comes from Marketing, Yep! The gurus, telegram/Instagram signals and EAs. Almost no one makes money from actual trading. Why?
· Stock Market and Forex market is apple and oranges, nothing in common. So why use candlesticks that were designed for Stocks on Forex?
· Forex Market is random. RANDOM (I replace Random with Chaotic)
Okay these are a facts you won’t find anywhere on the internet because the moment your search include the word ‘forex’ then you will bombarded with all sort of forex marketing material. E.g. googling a simple newbie question like, how forex prices move, will give you a ‘Market maker strategy’ crap as first result or shit like supply and demand, like WTF I just want to know where my $1 I lost went!
So by Random I mean every single transactions going through the market will affect its movement. e.g. Your 0.01 lot sell trade on EURUSD pair means there’s 0.01 units of USD taken off the market, so EURUSD quotes must be adjusted, so is GBPUSD, so is USDJPY, EURGBP and all other pairs! Your little trade on EURUSD will affect all other pairs! YES Market marker strategy is just a crap marketing gimmick made up by the ‘Gurus’. It’s impossible for one individual or a bank to influence/manipulate a pair to move in a particular way.
Bold claims I just made there right? So let me prove it to you. Easy, here’s an exercise for you, do the following equation:
· EURUSD = EURJPY / USDJPY
This means when you divide EURJPY quotes by USDJPY you will get EURUSD quotes. Which then means trades done on EURUSD or any other pair will affect every other pair! Meaning for a ‘Market marker’ to manipulate EURUSD prices to his advantage, he will have to manipulate all the other pairs! This is called Triangular Equilibrium. The entire system is designed around maintaining a stable equilibrium. As one grow in value, several others have to decrease by equivalent amount and that’s why forex charts are generally in range.
Real trading is done on EURUSD, price moved BUT all the other pairs prices must be adjusted as well, meaning more than 90% moves are random. Why no one know this? So much time wasted trying to find a profitable system using candlesticks which are completely useless!
Conclusion
If you compare Apple stock chart with EURUSD chart you will notice that Apple has gained a lot while EURUSD price today is generally the same as it was decades ago. Forex exist to provide a service while stocks are for creating wealth. Everything on the internet about forex is LIES, it’s there just to get money from you, not the other way around, and that’s why you will not find anything about something like Triangular Equilibrium.
It’s mathematically impossible to profit from forex market using traditional methods currently being in used because everyone is looking for a pattern to repeat itself in a random environment…like how???. This is why 98% traders are losers.
It’s not all gloom and doom though because we have Probability mathematics! We can examine the chains of non-overlapping events that follow each other. Probability trees and hypotheses, we can calculate entries based on market processes using fractal-probability chains, e.g. С(n,k) = n! / ( k! * ( n - k )! )
Basically everything in the universe is fractal, so we can use math to calculate defined fractals given that the forex market is random. We currently do this with weather forecasting.
Have I realized this from the beginning, I wouldn’t have wasted so much time. I am currently testing a mathematical approach and it’s promising. I invite all programmers who like math like I do to my project I’m currently busy with.
I couldn’t share trade explorer since forex factory does not support mt5 yet, but I've been testing this idea for almost 3 months now, besides minor bugs here and there, it's really working as it should and profitable, here are the results. I will publish the EA for free on mql5 two weeks from today as I believe it will be safer that way than sharing the file here, for copy write purposes.
My calculations were wrong or inaccurate. I did not consider some very important variables. I realized this after the last trade the EA took which was a loss by result of slippage, a huge! slippage. Long story short... Forex markets are not profitable! GO argue with your charts...
HOWEVER night trading is profitable! therefore I have republished my first EA that I made 2015 for FREE this time. There's currently a night trading EA on the market selling for over $1000 W T H!!!
So I decided to republish mine, which is better by the way, for FREE. But I know people like being scammed, so it won't be as popular but whatever, I'm doing this for people I wasted their time around here, I gave them false hopes.
I'm Sorry! Download the EA here for Free and recover all the money you lost on FOrex then quit!!!
Introduction
I am a programmer; I was introduced to forex market by a client in 2015. After studying the markets I then published an EA on the mql5 market August 2016, sold just 5 copies and rented 10 copies for one month only, because I believed then that too many users will affect EAs performance so I removed it from the market. It was a night trading EA as my research back then showed that the only profitable strategy was night trading. There was one best selling night trading EA back then, tried searching it but couldn’t find it. It was performing well but had a flaw of massive drawdown which cancelled a lot of gains in one bad trade, but still profitable in long term far & far better than anything on offer in that period, even today. So mine was better in ‘stable drawdown’ terms. Point is, 6 years later there’s still no profitable strategy besides night trading. You can check it yourself; even signal providers, the only stable ones are those with ‘flouting losses’ base strategies (Overall losers cause they’ll have to deposit at some point to manage drawdown) and night trading. On mql5 market.
Main
I spent a lot of time researching about forex market every time I get a forex client, so lately I spent a great time trying to figure out why everyone is so stupid and couldn’t solve a simple equation, which is:
· Find a certain pattern with a probability of 51% or more
· 49% of the time you lose, make sure you lose less or equal to what you profited 51% of the time
Simple!!!!
So I worked! I started with the most popular indicator which is Japanese Candlesticks, wrote a script that calculates accuracy of certain pattern during certain period of time e.g. how many profitable inside bars in the last 2 years, by profitable I mean 2 pips & more at least.
After 8 months of coding I reached the following conclusions
· Not a single popular pattern is profitable, not even one!
· 90% indicators are moving averages. Pointless to combine them, they do the same thing!
I didn't know there was a research paper published on this point, I wasted so much time on this
thanks to user @tommydoginti https://www.researchgate.net/publica...et_Eurusd_Case
· No such thing as Naked or Price action strategy, it’s a joke because candlesticks are momentum indicators! Duh!
· Forex is a utilitarian market, Retail trading account for only 10% of the $6.6 trillion per day traded volume.
· Most retail trading income comes from Marketing, Yep! The gurus, telegram/Instagram signals and EAs. Almost no one makes money from actual trading. Why?
· Stock Market and Forex market is apple and oranges, nothing in common. So why use candlesticks that were designed for Stocks on Forex?
· Forex Market is random. RANDOM (I replace Random with Chaotic)
Okay these are a facts you won’t find anywhere on the internet because the moment your search include the word ‘forex’ then you will bombarded with all sort of forex marketing material. E.g. googling a simple newbie question like, how forex prices move, will give you a ‘Market maker strategy’ crap as first result or shit like supply and demand, like WTF I just want to know where my $1 I lost went!
So by Random I mean every single transactions going through the market will affect its movement. e.g. Your 0.01 lot sell trade on EURUSD pair means there’s 0.01 units of USD taken off the market, so EURUSD quotes must be adjusted, so is GBPUSD, so is USDJPY, EURGBP and all other pairs! Your little trade on EURUSD will affect all other pairs! YES Market marker strategy is just a crap marketing gimmick made up by the ‘Gurus’. It’s impossible for one individual or a bank to influence/manipulate a pair to move in a particular way.
Bold claims I just made there right? So let me prove it to you. Easy, here’s an exercise for you, do the following equation:
· EURUSD = EURJPY / USDJPY
This means when you divide EURJPY quotes by USDJPY you will get EURUSD quotes. Which then means trades done on EURUSD or any other pair will affect every other pair! Meaning for a ‘Market marker’ to manipulate EURUSD prices to his advantage, he will have to manipulate all the other pairs! This is called Triangular Equilibrium. The entire system is designed around maintaining a stable equilibrium. As one grow in value, several others have to decrease by equivalent amount and that’s why forex charts are generally in range.
Real trading is done on EURUSD, price moved BUT all the other pairs prices must be adjusted as well, meaning more than 90% moves are random. Why no one know this? So much time wasted trying to find a profitable system using candlesticks which are completely useless!
Conclusion
If you compare Apple stock chart with EURUSD chart you will notice that Apple has gained a lot while EURUSD price today is generally the same as it was decades ago. Forex exist to provide a service while stocks are for creating wealth. Everything on the internet about forex is LIES, it’s there just to get money from you, not the other way around, and that’s why you will not find anything about something like Triangular Equilibrium.
It’s mathematically impossible to profit from forex market using traditional methods currently being in used because everyone is looking for a pattern to repeat itself in a random environment…like how???. This is why 98% traders are losers.
It’s not all gloom and doom though because we have Probability mathematics! We can examine the chains of non-overlapping events that follow each other. Probability trees and hypotheses, we can calculate entries based on market processes using fractal-probability chains, e.g. С(n,k) = n! / ( k! * ( n - k )! )
Basically everything in the universe is fractal, so we can use math to calculate defined fractals given that the forex market is random. We currently do this with weather forecasting.
Have I realized this from the beginning, I wouldn’t have wasted so much time. I am currently testing a mathematical approach and it’s promising. I invite all programmers who like math like I do to my project I’m currently busy with.
I couldn’t share trade explorer since forex factory does not support mt5 yet, but I've been testing this idea for almost 3 months now, besides minor bugs here and there, it's really working as it should and profitable, here are the results. I will publish the EA for free on mql5 two weeks from today as I believe it will be safer that way than sharing the file here, for copy write purposes.
