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Win in Trend and Win in Range

  • #201
  • Jun 7, 2018 3:39am Jun 7, 2018 3:39am
Quoting VEEFX
{quote} No but related but not relativity against time...but Aaven, if you don't know how to code or have technology background on how servers work and comminicate or more importantly keep in sync in real time (talking nanoseconds), it will be hard for you to decipher my posts on Time....and I am not talking about carrying a watch on my hand to trigger entries either lol

Thanks VEE...
  • #202
  • Jun 7, 2018 5:12am Jun 7, 2018 5:12am
Quoting VEEFX
{quote} No but related but not relativity against time...but Aaven, if you don't know how to code or have technology background on how servers work and comminicate or more importantly keep in sync in real time (talking nanoseconds), it will be hard for you to decipher my posts on Time....and I am not talking about carrying a watch on my hand to trigger entries either lol Guys - also note that I am not talking about profitable strategy but more about consistency to maintain profitability for the long term. My research ending in eliminating price...

After reading VEEFX posts....... normal traders be like
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  • #203
  • Jun 7, 2018 5:59am Jun 7, 2018 5:59am
What if the range does not exist?
Hint: the channels in different time frames
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  • #204
  • Oct 1, 2018 5:30am Oct 1, 2018 5:30am
Hello friend carddard,

I hope you got succeeded in your aim to build an EA which can win in every market. If possible, keep us updated and Best of luck.
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  • #205
  • Oct 11, 2018 5:03am Oct 11, 2018 5:03am
There is only a single element.. That is the closest thing to being a constant in the financial markets.
Has anyone found it?
  • #206
  • Oct 11, 2018 5:53am Oct 11, 2018 5:53am
Quoting carddard
There is only a single element.. That is the closest thing to being a constant in the financial markets. Has anyone found it?
enlight us
  • #207
  • Edited Oct 12, 2018 5:36am Oct 11, 2018 10:18pm | Edited Oct 12, 2018 5:36am
Price either moves away from a reference point or comes back to a reference point.
Knowing this, there are already 2 ways you could derive a strategy.

Method 1: Divergence from a reference point
Method 2: Convergence to a reference point

What comes next? You need to identify the following:

1) What is your reference point? Is it a moment in time within a particular trading session? Is it a price point? Is it a pivot point? Is it a mean? Is it a median?
2) What are your entry triggers? Price-based? Time-based? Other indicator-based?
3) What is your money management strategy? Fixed SL/TP? Dynamic SL/TP? No SL/TP? Martingale, Zone recovery?

If you think you have the above 3 points sorted out, run a quick backtest from years 2000-2018. See if it survives.
Show me you have thought this through and I'll be happy to exchange knowledge.
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  • #208
  • Oct 12, 2018 1:20pm Oct 12, 2018 1:20pm
Quoting carddard
Price either moves away from a reference point or comes back to a reference point. Knowing this, there are already 2 ways you could derive a strategy. Method 1: Divergence from a reference point Method 2: Convergence to a reference point What comes next? You need to identify the following: 1) What is your reference point? Is it a moment in time within a particular trading session? Is it a price point? Is it a pivot point? Is it a mean? Is it a median? 2) What are your entry triggers? Price-based? Time-based? Other indicator-based? 3) What is your...
Why would you give your knowledge away already having these curve line ??
  • #209
  • Oct 13, 2018 12:17am Oct 13, 2018 12:17am
Quoting carddard
Price either moves away from a reference point or comes back to a reference point. Knowing this, there are already 2 ways you could derive a strategy. Method 1: Divergence from a reference point Method 2: Convergence to a reference point What comes next? You need to identify the following: 1) What is your reference point? Is it a moment in time within a particular trading session? Is it a price point? Is it a pivot point? Is it a mean? Is it a median? 2) What are your entry triggers? Price-based? Time-based? Other indicator-based? 3) What is your...
https://m.youtube.com/watch?v=DJz4E7VyeSw
  • #210
  • Oct 15, 2018 1:33am Oct 15, 2018 1:33am
Quoting emicovi
{quote} Why would you give your knowledge away already having these curve line ??
Sometimes you want to give back a little, and then you see the quality of discussion you receive on the forums and think to yourself, "Why bother?"
  • #211
  • Oct 16, 2018 9:08am Oct 16, 2018 9:08am
Quoting carddard
{quote} Sometimes you want to give back a little, and then you see the quality of discussion you receive on the forums and think to yourself, "Why bother?"
that's true
  • #212
  • Oct 16, 2018 9:17am Oct 16, 2018 9:17am
I think best way is to adapt, if you look at price action then it not that hard to see the transition between different market cycles. If there would be one strategy that fits for everything then trading would be easy
  • #213
  • Mar 31, 2019 5:25pm Mar 31, 2019 5:25pm
One thing is clear and agree with thread title. If you want have success you need systems adapt to market. I saw many facts about mechanical market behavior. About don't trade some sessions and that things. But since market is dynamical you never can expect same behavior. We saw big movements or flat moments in all day hours.

Then only way is try surf waves because its natural market behavior. As waves have different time/size you have try filter small and only trade have enough size and don't pass your system speed threshold. That abstract all trading to one behavior. Take wave or wait next
Try don't lose pants never...
  • #214
  • Mar 31, 2019 10:20pm Mar 31, 2019 10:20pm
Quoting carddard
Surely someone has come up with a viable enough strategy to do this - either manually or through an automated EA. But of course, a strategy that works in both ranging markets and trending markets may well be a strategy that thrives in one but merely survives in the other. For the purpose of discussion, let's be open-minded and take all definitions. I challenge everyone here to think deeper about how the best ranging strategies and trending strategies could come together in unison.
HOLO and 1-2-3 work each and every day.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #215
  • Apr 1, 2019 3:41am Apr 1, 2019 3:41am
Quoting braintheboss
One thing is clear and agree with thread title. If you want have success you need systems adapt to market. I saw many facts about mechanical market behavior. About don't trade some sessions and that things. But since market is dynamical you never can expect same behavior. We saw big movements or flat moments in all day hours. Then only way is try surf waves because its natural market behavior. As waves have different time/size you have try filter small and only trade have enough size and don't pass your system speed threshold. That abstract all...
It's interesting that you brought this up. It's even more interesting to see a new post on this thread after 6 months!

I'm not sure about waves by means of Elliot Waves, Wolfe Waves and what have you. I'm sure there are merits to these various forms of hypotheses and I'm also sure some people have success in implementing them. I just have no expertise in either of those.

My idea of "winning in trend and winning in range" has been shaped heavily by my work in identifying tops and bottoms. Regardless of what the market is doing (trending or ranging), there are bound to be tops and bottoms in either situation. With this in mind, being able to identify these tops and bottoms with great accuracy (and of course being able to exit when you know you're wrong) has helped me a great deal in profiting from the markets.
  • #216
  • Apr 1, 2019 3:52am Apr 1, 2019 3:52am
Quoting carddard
{quote} It's interesting that you brought this up. It's even more interesting to see a new post on this thread after 6 months! I'm not sure about waves by means of Elliot Waves, Wolfe Waves and what have you. I'm sure there are merits to these various forms of hypotheses and I'm also sure some people have success in implementing them. I just have no expertise in either of those. My idea of "winning in trend and winning in range" has been shaped heavily by my work in identifying tops and bottoms. Regardless of what the market is doing (trending...
You answered yourself in bold text. For me easy way is search that swings. Its not about elliot or other stuff. Its something simpler. If market moves as waves then you don't need worry about time term trading.

You only trade individual waves fits in your system needs. Then as you search the start/end of one wave you are not affected for external events as news or market behavior. A wave is universal measure in Forex. When you enter in one you only care about when finish. And that is all. Simple but effective. In my case I use different tools for catch that waves...
Try don't lose pants never...
  • #217
  • Apr 6, 2019 12:23am Apr 6, 2019 12:23am
Haven't been active on the forums because of day job commitments, but the algos don't rest. What started as 3-pair currency clusters evolved into 28-30 pair clusters, because why the hell not? This of course meant an increase in equity for margin reasons, and the diversification brings a certain level of balance into the mix.

Completely eliminated the notions of convergence and divergence as separate entities, and started treating the market as one. Each cycle begins and ends as the market deems fit.

Still early days, results so far seem promising, and diversification allows me to sleep well at night.
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  • #218
  • Apr 11, 2019 8:36am Apr 11, 2019 8:36am
The truth is, I'm a conservative and risk-averse trader.
I aim for 2% - 4% returns per pair, annually. I apply this to all 28 pairs, gold and some exotic pairs.
With a 2% target for each pair, it gives me sufficient margin to play around with without incurring too much of a drawdown (~10% DD).
Ultra-diversification also allows me to sleep well at night.
  • #219
  • May 6, 2019 12:16pm May 6, 2019 12:16pm
If you are trading many pairs at a time this means possible more profit but also possible higher DD.
You need a lot of margin to trade around 30 pairs unless you use SL
  • #220
  • May 10, 2019 10:28am May 10, 2019 10:28am
Quoting Merka
If you are trading many pairs at a time this means possible more profit but also possible higher DD. You need a lot of margin to trade around 30 pairs unless you use SL
It depends on your strategy. A typical equity portfolio manager would hold 28 to 30 equities at any point in time to obtain full diversification. The same principle applies for forex. With smaller lots it is possible to trade with an starting balance of $3k to $5k without going bust.
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