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Abokwaik replies to PMs 96 replies

Hanover - can you help me with MT4 qs please? 4 replies

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Hanover replies to PMs

  • #981
  • Feb 1, 2018 10:50am Feb 1, 2018 10:50am
Quoting hanover
{quote}This is the same logical fallacy as Mr Rossouw commits in his video. Let me try to explain it this way: #1. Chimpanzees have similar characteristics to humans. (DNA is 96% similar) #2. Chmpanzees can't speak English. #3. Therefore humans can't speak English. Obviously this is incorrect. Now to your implied argument: #1. Randomly generated charts have similar characteristics (trends, respect...
ok then consider this.

Your premise:

#1. Randomly generated charts have similar characteristics (trends, respect S/R, etc) to actual price charts.
#2. Randomly generated charts can't be traded profitably.
#3. Therefore price charts can't be traded profitably.

The moral to the story: just because something exhibits similar characteristics doesn't necessarily make it exactly the same.
Price charts are created by an entirely different process (human psychology and determination) to RNG charts.

Rebuttal:

#1. Randomly generated charts have similar characteristics (trends, respect S/R, etc) to actual price charts.
==> that is correct
#2. Randomly generated charts can't be traded profitably.
==> incorrect statement. At a given period, It is still possible to show a profit even with random data (throwing a dice) or market data (the euro)
#3. Therefore price charts can't be traded profitably.
==> Incorrect conclusion You are assuming that forex charts are not random (argument by false analogy)

The moral to the story: just because something exhibits similar characteristics doesn't necessarily make it exactly the same.
==> It's not logical to use "similar" and "same" in this statement. Something is similar to something else, or something is the same as something else. Something cannot be both similar and same to something else! Given that "similar" implies some level of difference.
Price charts are created by an entirely different process (human psychology and determination) to RNG charts.
==> Incorrect. Two different processes can create the same characteristics (for exemple music created by a computer and music created by an instrument)

All right, your turn (:
  • #982
  • Feb 1, 2018 10:58am Feb 1, 2018 10:58am
Hallo Hanover, need your help, I think it's not hard for you :-)
I dowloaded your Plot External Data_2.mq4 file, good work, excellent.
Now, I need -if you can- a little mod of this file to read csv like the one i will attach here, time format is this
2018-01-25T18,0,0
2018-01-25T19,0,0
2018-01-25T20,0,0
2018-01-25T21,0,0
2018-01-25T22,0,0
2018-01-25T23,0,0
2018-01-26T00,0,0
2018-01-26T01,0,0

data to be plotted, for each row, are the last two (from 0 to 100 max)
Can you help me?
I attach the file csv (livorno.csv)
best regards and thanks in advance
m
Attached File(s)
File Type: csv livorno.csv   3 KB | 391 downloads
  • #983
  • Feb 1, 2018 11:08am Feb 1, 2018 11:08am
Quoting simond2002
{quote} I apologise. I shouldn't have said that, but your thread about suicide has pissed me off and I didn't feel like talking. Let me reiterate my points. I contend that support and resistance is different to supply and demand. On that basis I don't agree with your zones as you've marked them in your randomly generated series. Having said that, the absolute fundamentals to me are: The printing of a supply or demand zone is, to all intents and purposes, random Whether or not price will test the zone is, to all intents and purposes, random If price...
If price tests a demand zone for example, and then turns north all the while printing a PA I recognise as bullish, that "action" can be said to have shown "intent", which carries with it a probabilistic outcome that price will continue to a target.

There is no reason for the "intent" to not be random as well. As I am sure you will have seen many times that a "perfect intent" can very quickly become "very disapointing". And since we agree that this is a question of probability then the perceived "market reaction" is not much different from that of a random reaction at or near some subjective price level.
  • #984
  • Feb 1, 2018 11:16am Feb 1, 2018 11:16am
Quoting simond2002
{quote} An interesting chart with a tested demand zone in an uptrend. (This is essentially a signal chart so please copy if you wish, will be deleting in a few hours.) {image}
So many levels in such a very short timeframe (M1, 2h window)... Are you sure this isn't a "...broken clock is right twice a day" situation?
  • #985
  • Feb 1, 2018 11:20am Feb 1, 2018 11:20am
Quoting Mingary
{quote}There is no reason for the "intent" to not be random as well.
I wouldn't be thinking of or even considering randomness at the point of "intent". The condition is a binary one - either the market prints it or it doesn't.

Quoting Mingary
I am sure you will have seen many times that a "perfect intent" can very quickly become "very disapointing".
Yes, plenty of times. Having market direction in one's favour does seem to increase the odds of a profitable move occurring, however.
  • #986
  • Edited 5:44pm Feb 1, 2018 11:47am | Edited 5:44pm
Quoting Mingary
...
This is my final reply, I don't have your stamina for debates, and I think the points I made previously were clear enough. My responses below in blue typeface.

Rebuttal:

#1. Randomly generated charts have similar characteristics (trends, respect S/R, etc) to actual price charts.
==> that is correct
#2. Randomly generated charts can't be traded profitably.
==> incorrect statement. At a given period, It is still possible to show a profit even with random data (throwing a dice) or market data (the euro)
Sure. Perhaps I should change my post and add "in the long term" or "forever", which I assume was implied?
#3. Therefore price charts can't be traded profitably.
==> Incorrect conclusion You are assuming that forex charts are not random (argument by false analogy)
The only thing I'm assuming is that your implied argument goes something like "random charts can't be traded profitably forever, and hence likewise FX charts". I'm simply pointing out what I see as incoherence in this argument; I'm not making a statement about FX charts either way (random or non-random).

The moral to the story: just because something exhibits similar characteristics doesn't necessarily make it exactly the same.
==> It's not logical to use "similar" and "same" in this statement. Something is similar to something else, or something is the same as something else. Something cannot be both similar and same to something else! Given that "similar" implies some level of difference.
Exactly my point. There is a critical difference between chimps and humans. There is a critical difference between RNG charts and price charts. RNG charts are created by a machine generated process. Price charts are created by human behavior. Therefore they are not necessarily identical, and you can't automatically assume that because some fact applies to one, that it must apply to the other.

Price charts are created by an entirely different process (human psychology and determination) to RNG charts.
==> Incorrect. Two different processes can create the same characteristics (for exemple music created by a computer and music created by an instrument)
Yes, but they are still created by different processes, and hence you can't automatically assume that the end results will be identical. Just because something might possibly be true doesn't automatically mean that it must be true.

The point is this: if you want to prove that FX charts are random by comparing them to RNG charts, then you must demonstrate that they are identical in every possible way, in order to properly make your case. The same as you'd need to show that humans are identical to chimps in every possible way, if you wanted to prove, by merely studying chimps, that humans can't speak English.
  • #987
  • Feb 1, 2018 11:50am Feb 1, 2018 11:50am
Quoting hanover
This is my final reply, I don't have your stamina for debates
There's always at least one comment per day that has me LOL'ing. This one above is today's.
  • #988
  • Edited 7:43pm Feb 1, 2018 12:24pm | Edited 7:43pm
Quoting mattomatteo
Can you help me?
Nice to get this thread back onto the track that it was originally intended for, and vindicating its existence in Platform Tech.

The attached indicator, using the data file you supplied, generates the plots shown in the screenshot:
Attached Image (click to enlarge)
Click to Enlarge Name: PPI 843.png Size: 51 KB

NOTE: This indicator was written using MetaEditor/compiler build 509. If you want the .mq4 source to compile/run without errors, you'll need to do this first. Otherwise, download only the .ex4 file.
Attached File(s)
File Type: ex4 Plot External Data matto.ex4   27 KB | 381 downloads
File Type: mq4 Plot External Data matto.mq4   3 KB | 397 downloads
  • #989
  • Edited 7:53pm Feb 1, 2018 6:59pm | Edited 7:53pm
Quoting simond2002
Yes.....
Simon, many thanks for your reply. Confirms my instincts that these ideas are worthy of further investigation.

In a nutshell, we're looking for a convergence of up to four factors: (1) high tick volume rushing into a (2) C-liquidity or strong prior S/D area, (possibly) following a (3) 'decent' move, at a (4) high(er) probability time of day. Then it's a question of waiting for some kind of price confirmation that doesn't eat too much into potential RR. And of course we must trade around potentially high impact news.

The key turning points of yesterday's GU/M15 chart again shows only some of these characteristics:
Attached Image (click to enlarge)
Click to Enlarge Name: PPI 845.png Size: 94 KB

(Anybody looking for the indicators/template -- see post #967).

Quote
There's always at least one comment per day that has me LOL'ing. This one above is today's.
  • #990
  • Feb 2, 2018 3:38am Feb 2, 2018 3:38am
Quoting hanover
{quote}Confirms my instincts that these ideas are worthy of further investigation. In a nutshell, we're looking for a convergence of up to four factors: (1) high tick volume rushing into a (2) C-liquidity or strong prior S/D area, (possibly) following a (3) 'decent' move, at a (4) high(er) probability time of day.
Exactly. I was reading your post the other day about the fallibility of EAs. What I think is interesting about this Cable example that also plays into your point (3) above is the standard pole+flag ('decent move') that underpins the various indicator readings that can help tie things together.

The original chart was getting cluttered so I've annotated the pole+flag on a fresh chart. To my eyes these are very "human" patterns to spot, and perhaps more importantly, contextualise. Combined with some underlying indication in the form of tweaked Bollinger bands etc etc can be a very powerful (albeit one that still needs some human oversight) system.

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDM15.png Size: 37 KB
  • #991
  • Feb 2, 2018 3:47am Feb 2, 2018 3:47am
Quoting Mingary
{quote} Quoting hanover Does the above represent evidence of some non-randomness? Yes. NO! Here is a random generated series: I placed the support and resistance zones for easy analysis (; {image}
what if the random is not random? are you so stupid not see it?
  • #992
  • Feb 2, 2018 4:12am Feb 2, 2018 4:12am
Quoting deltatrade
{quote} what if the random is not random? are you so stupid not see it?
Perhaps.
But unlike you, I know that something IS or something IS NOT
  • #993
  • Feb 2, 2018 4:19am Feb 2, 2018 4:19am
Quoting Mingary
{quote} Perhaps. But unlike you, I know that something IS or something IS NOT
you have that certainty? for all things you know what they are? i completely reject nobel prize.no more nobel prize shit for me.
  • #994
  • Feb 2, 2018 5:01am Feb 2, 2018 5:01am
Quoting deltatrade
{quote} you have that certainty? for all things you know what they are? i completely reject nobel prize.no more nobel prize shit for me.
Give me an exemple of something that IS, and IS NOT ? (:
It's easy ..
This balloon IS blue and IS NOT red.
You can't logically say this balloon IS BLUE and IS NOT blue
Therefore you can't logically say
the price IS random and IS NOT random
  • #995
  • Feb 2, 2018 5:15am Feb 2, 2018 5:15am
Quoting Mingary
{quote} Give me an exemple of something that IS, and IS NOT ?
Schrodinger's Cat. The cat IS alive and IS NOT alive.
  • #996
  • Feb 2, 2018 5:18am Feb 2, 2018 5:18am
Hello all,
I have the ALMA moving average that is a bit too heavy for my cpu.
Is it possible to limit the bars on which the calculation is made?
I know nothing about coding but I tried to add the line:
"extern int CountBars = 500;"
but ALMA still does the calculation on all the history.
Anybody could please help me.
Many thanks
v
attached here is the original one that I downloaded from FF
https://www.forexfactory.com/showthread.php?t=251668
Attached File(s)
File Type: mq4 ALMA_v1.mq4   6 KB | 418 downloads
  • #997
  • Feb 2, 2018 5:42am Feb 2, 2018 5:42am
Quoting Mingary
{quote} Give me an exemple of something that IS, and IS NOT ? (: It's easy .. This balloon IS blue and IS NOT red. You can't logically say this balloon IS BLUE and IS NOT blue Therefore you can't logically say the price IS random and IS NOT random
yes. random has 2 meanings for me at least - the number 1 meaning - uncertainty - number 2 generated random numbers
the questions is - what if the random generated numbers are not uncertain? what if the random generated numbers are not random in the sense of uncertainty, they are not 100% uncertain ?
  • #998
  • Feb 2, 2018 5:53am Feb 2, 2018 5:53am
Quoting simond2002
{quote} Schrodinger's Cat. The cat IS alive and IS NOT alive.
Yes.
  • #999
  • Edited 2:16pm Feb 2, 2018 12:57pm | Edited 2:16pm
Quoting fx1990
i am hope your help
I'm sorry, but you already posted this request before and I declined it. There are several reasons why. I no longer do any coding or troubleshooting requests. All of the coding that I've done is written in MQL4 build 509, and various code libraries that I developed myself. In build 600 (released in Feb 2014) MetaQuotes changed the programming language. I'm not familiar with the new language. It is object oriented, and I'm an old COBOL and RPG programmer and I don't know how to code it. The only exceptions when I will do coding for people is if it is a modification of an indicator or EA that I originally wrote myself, and I can follow the code easily, or if the work might be useful to my own trading (which is very rare). It can sometimes take a lot of time and effort to understand code written by other programmers, who use different styles and techniques. I'm getting older, I suffer from eyestrain and headaches, and I prefer to spend time with my family, and on other projects.

Because you've posted multiple times I will be ignoring your posts in future. This is nothing personal and it doesn't mean that I dislike you. Programming requires time, effort and expertise, and it's a waste of time if two programmers do the same job. Hence I'm happy to leave the work to other programmers who are more competent and generous than I am. I'm sorry, but time is precious to me and I need to be selective in the the tasks that I undertake. The forum's 'ignore' feature provides a convenient way for me to reduce my workload.

In the 'MT4 programming' section here I listed a number of other alternatives. I hope that you can find another programmer to do the work for you.
  • #1,000
  • Feb 2, 2018 1:24pm Feb 2, 2018 1:24pm
Quoting hanover
{quote}I am sorry, but you already posted this request before and I declined it. There are several reasons why. I no longer do any coding or troubleshooting requests. All of the coding that I've done is written in MT4 build 509. In build 600 (released in Feb 2014) MetaQuotes changed the programming language. I am not familiar with the new language. It is object oriented, and I am an old COBOL and RPG programmer and I don't know how to code it. The only exceptions when I will do coding for people is if it is a modification of an indicator or EA that...
Just a quick hello David.
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