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Money management: Capital needed per 0.07 USD per microlot 0 replies

The Volume Detective 411 replies

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(binned per thread starter’s request) MM (Money Maker) Detective

  • #1,481
  • May 12, 2019 11:10pm May 12, 2019 11:10pm
Quoting bluesteele
{quote} Dont worry Sir Soverign.... There was a reason I spelled your name the way i did. Its called RESPECT. So sorry no need for me to spell your name correctly.. You still pissed off that you were incorrect about George being commercial ? Thought so.... guess your DETAILS were a tad off ! Now I apologize to Steve the OP for these complete distractions and bullshit from ImSovern Please feel free to minimize my posts Steve as this has nothing to do with this thread,,, IMsovereign is only here to bicker and cause probems... IMS says So sorry that...
@bluesteele -- thank you. Can we move on?

BTW -- though I may not care for some of your posts -- I give you all the slack (or rope) that you need. I'm indebted to you.
  • #1,482
  • May 12, 2019 11:11pm May 12, 2019 11:11pm
Quoting Pip-Miner
{quote} -Helpful for setting stop loss and take profits -estimating the high and low for the day -MM Target points, liquidity points during the journey. -If the ADR travelling distance for the day is met a reversal likely as mm target points during the journey have been met.
@Pip-Miner -- excellent. Thank you...
  • #1,483
  • May 12, 2019 11:26pm May 12, 2019 11:26pm
Hey Robots4me

Have you noticed how many red diamond traders visit this thread but stay invisible.
Seems they don’t want to be identified.

I wonder why?
Trading thin liquidity at the boundary of the charts
  • #1,484
  • May 12, 2019 11:29pm May 12, 2019 11:29pm
Quoting bluesteele
{quote} Dont worry Sir Soverign.... There was a reason I spelled your name the way i did. Its called RESPECT. So sorry no need for me to spell your name correctly.. You still pissed off that you were incorrect about George being commercial ? Thought so.... guess your DETAILS were a tad off ! Now I apologize to Steve the OP for these complete distractions and bullshit from ImSovern Please feel free to minimize my posts Steve as this has nothing to do with this thread,,, IMsovereign is only here to bicker and cause probems... IMS says So sorry that...
your a very passive aggressive person. you seem to assume many things not related-- You are very mixed up, not making sense.

George is a nice guy.... I am glad that he is not commercial.

You seem to assume I need help, I thank you in advance for your concern. I will let you know.
Live today like theres no tomorrow-- Prioritize like you will die today
  • #1,485
  • May 12, 2019 11:30pm May 12, 2019 11:30pm
Quoting iamsovereign
{quote} I would pay more attention to detail if I were a student of the big G......... I personally did not ask for an apology. nor do I need one. @ bluesteele -- its IAMsovereign ............... detail guys ..... big G would not approve...... and you talk about ego.... IALMAO edit--@moodybot I see you changed the original ..... LMAO... you really are not worth the time. look at the original quote. LOL- detail grasshopper so sad that good forums go bad.

Thank you, dealing with more than you’re capable of, checked paragraph after sending.
But thanks. Now this us a big boys forum, off you go play in the sand pit.
  • #1,486
  • May 12, 2019 11:35pm May 12, 2019 11:35pm
Quoting moodybot
{quote} Thank you, dealing with more than you’re capable of, checked paragraph after sending. But thanks. Now this us a big boys forum, off you go play in the sand pit.

Its hard to believe you are for real...... you just keep digging your own hole. LMAO
Live today like theres no tomorrow-- Prioritize like you will die today
  • #1,487
  • May 12, 2019 11:36pm May 12, 2019 11:36pm
Quoting RickM
Hey Robots4me Have you noticed how many red diamond traders visit this thread but stay invisible. Seems they don’t want to be identified. I wonder why?
@RickM -- those are diamonds? I thought they were kites -- you know, guys attached to a string who require a lot of hot air to stay afloat.

Of course, present company excluded
  • #1,488
  • May 12, 2019 11:51pm May 12, 2019 11:51pm
Even though no one is interested any more in trading, I thought I would bore you all with a couple of screen shots of the new indicator I've been working on -- MMLiquidityGaps. I will release it shortly.

As an aside -- people have been using different terminology -- e.g. liquidity gaps, hidden gaps, and more. I've made the executive decision to go with "liquidity gaps", and here's why. "Hidden gaps" is the retail trader's perspective -- i.e. to everyone (except @George) the gaps are hard to see and, hence, hidden. On the other hand, "liquidity gaps" comes from the MM's perspective and I think more accurately reflects what is going on behind the scenes in terms of order flow.

Attached Image (click to enlarge)
Click to Enlarge Name: MMLiquidityGaps-001.png Size: 27 KB


This new indicator shares some similarities with a couple others that people have been gracious enough to share. The main difference is that it more clearly shows the "lifetime" of the liquidity gaps. The "Wide Range Bar" indicator is nice, but it represents the lifetimes as rectangles -- as a result, the gap doesn't get deleted until the entire gap is filled. Often times gaps don't get filled all at once -- i.e. the MM may take multiple stabs at filling it. With the new indicator I think that will be more apparent.

Attached Image (click to enlarge)
Click to Enlarge Name: MMLiquidityGaps-plus-MMDetective.png Size: 79 KB


This screen shot is more for fun -- it includes the new indicator overlayed on top of the MMDetective indicator. I know there are lots of lines. I haven't even begun to make sense of it -- if even there is any sense to be made of it. I decided to upload this screen shot for the sole purpose of annoying all the fellas who don't like indicators
  • #1,489
  • May 12, 2019 11:52pm May 12, 2019 11:52pm
Quoting iamsovereign
{quote} Its hard to believe you are for real...... you just keep digging your own hole. LMAO

Lol...tool.
  • #1,490
  • May 13, 2019 12:27am May 13, 2019 12:27am
Quoting robots4me
Even though no one is interested any more in trading, I thought I would bore you all with a couple of screen shots of the new indicator I've been working on -- MMLiquidityGaps. I will release it shortly. As an aside -- people have been using different terminology -- e.g. liquidity gaps, hidden gaps, and more. I've made the executive decision to go with "liquidity gaps", and here's why. "Hidden gaps" is the retail trader's perspective -- i.e. to everyone (except @George) the gaps are hard to see and, hence, hidden. On the other hand, "liquidity gaps"...
Your Majesty ,,,,

The BOTTOM chart u put up is PERFECT ,,,
ONE SUGGESTION THAT IS IMPORTANT ,,,
TO MINIMIZE NOISE AND CLUTTER ON THE CHARTS
WHEN THE LIQUIDITY IS TOTALLY FILED ,,,
IT NEEDS TO DELETE THE BOXES ON THE CHART ! ! !

Cheers
George
LOVE YOUR GAME WITH A PASSION ,,,,, WORK WITH A VISION ! ! ! ! !
  • #1,491
  • May 13, 2019 12:31am May 13, 2019 12:31am
Quoting robots4me
Even though no one is interested any more in trading, I thought I would bore you all with a couple of screen shots of the new indicator I've been working on -- MMLiquidityGaps. I will release it shortly. As an aside -- people have been using different terminology -- e.g. liquidity gaps, hidden gaps, and more. I've made the executive decision to go with "liquidity gaps", and here's why. "Hidden gaps" is the retail trader's perspective -- i.e. to everyone (except @George) the gaps are hard to see and, hence, hidden. On the other hand, "liquidity gaps"...

I LIKE.

perhaps some of you may be interested to to invest some time and do more research and study into WRBs.

your can read as much as you can without having to pay for any of those stuff.

http://www.thestrategylab.com/WRBAnalysisTutorials.htm

click to download pdf (http://www.thestrategylab.com/tsl/forum/download/file.php?id=3789)
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #1,492
  • May 13, 2019 12:47am May 13, 2019 12:47am
Quoting George AUS
{quote} Your Majesty ,,,, The BOTTOM chart u put up is PERFECT ,,, ONE SUGGESTION THAT IS IMPORTANT ,,, TO MINIMIZE NOISE AND CLUTTER ON THE CHARTS WHEN THE LIQUIDITY IS TOTALLY FILED ,,, IT NEEDS TO DELETE THE BOXES ON THE CHART ! ! ! Cheers George
@George -- thank you!!!

Yes -- I will add a setting to either keep or delete boxes once the liquidity has been filled.
  • #1,493
  • May 13, 2019 1:52am May 13, 2019 1:52am
Quoting robots4me
This new indicator shares some similarities with a couple others that people have been gracious enough to share. The main difference is that it more clearly shows the "lifetime" of the liquidity gaps. The "Wide Range Bar" indicator is nice, but it represents the lifetimes as rectangles -- as a result, the gap doesn't get deleted until the entire gap is filled. Often times gaps don't get filled all at once -- i.e. the MM may take multiple stabs at filling it. With the new indicator I think that will be more apparent. {image}
Hi Bro, Just little suggestion from coding side, maybe better if still use rectangles instead of lines. but you could use 1 point height rectangle to replace the line, so you could still create that partially 'taken' area, with more better 'block' visual shape with group of rectangles than group of lines. with setting option to change height size,type and fill color of rectangles to separate that 2 type of gaps.

Regards
NIH
Dog + Smile = Beautiful Day
  • #1,494
  • May 13, 2019 3:29am May 13, 2019 3:29am
Quoting robots4me
{quote} Hey @classy -- I'm in information overload right now, so I can't comment on your methodology. However, you recently uploaded a video. I hope you don't mind that I'm re-posting it. I could listen to it all day -- the hell with forex... https://www.youtube.com/watch?v=Us-TVg40ExM
it is not my property and music has no boundary .i shared for them who has ear ,nice and soft mind and heart.it is really great to see as same mind and taste person.
Say something meaningful or Silence!!
  • #1,495
  • May 13, 2019 3:30am May 13, 2019 3:30am
That MTF version is insanely CPU intensive and I run ryzen x2700 (one of the strongest cpus on market). Unfortunately, even with very light settings it is still quite unusable on multiple charts. Maybe go over to forex-station.com and ask some of the pro devs to help optimizing the code, they have TONS of experience and did some of the best MT4 indis ever.
  • #1,496
  • May 13, 2019 3:49am May 13, 2019 3:49am
Quoting mades
That MTF version is insanely CPU intensive and I run ryzen x2700 (one of the strongest cpus on market). Unfortunately, even with very light settings it is still quite unusable on multiple charts. Maybe go over to forex-station.com and ask some of the pro devs to help optimizing the code, they have TONS of experience and did some of the best MT4 indis ever.
@mades -- no need for multiple charts. Use @cja's dashboard -- on one chart you can flip between all combinations of pairs and time frames. It's no different than flipping between tabs along the bottom of the terminal window. It's CPU intensive because each TF is equivalent to one indicator. You really don't need more than 3 TF's at one time.
  • #1,497
  • May 13, 2019 3:52am May 13, 2019 3:52am
Quoting classy
{quote} it is not my property and music has no boundary .i shared for them who has ear ,nice and soft mind and heart.it is really great to see as same mind and taste person.
@classy -- it's a great music video. When I watch and listen it reminds me of what is really is important -- and it ain't forex. Thank you.
  • #1,498
  • May 13, 2019 3:59am May 13, 2019 3:59am
Quoting Nih98
{quote} Hi Bro, Just little suggestion from coding side, maybe better if still use rectangles instead of lines. but you could use 1 point height rectangle to replace the line, so you could still create that partially 'taken' area, with more better 'block' visual shape with group of rectangles than group of lines. with setting option to change height size,type and fill color of rectangles to separate that 2 type of gaps. Regards NIH
@Nih98 -- I started down that path -- but the problem was resolution. Drawing 1000's of rectangles 0.1 pip in height is very CPU and memory intensive. So I decided to use lines instead. Everything comes down to trade offs. Let's see how the first version goes and if it needs to be changed then I will do it. For the first version the most important thing is correctness. Once I have confidence the indicator does the correct thing then I can easily revisit it to improve visual elements. Thank you for the recommendation.
  • #1,499
  • May 13, 2019 4:31am May 13, 2019 4:31am
Quoting robots4me
{quote} @mades -- no need for multiple charts. Use @cja's dashboard -- on one chart you can flip between all combinations of pairs and time frames. It's no different than flipping between tabs along the bottom of the terminal window. It's CPU intensive because each TF is equivalent to one indicator. You really don't need more than 3 TF's at one time.
My indis are far from standard ones, so I doubt I could use any dashboard with them. I would need to have a custom dashboard for those.

Forex-station folks do produce every single indi as mtf/non-repainting. They are very seldom cpu intensive as I think they figured out a more efficient way of doing mtf. I really recommend you checking them - it belongs to Mladen, one of the most respected indi coders in the world and they will welcome your work and even improve on it if needed.
  • #1,500
  • May 13, 2019 4:54am May 13, 2019 4:54am
I have a question re. using liquidity gaps (LG) as targets. First chart below shows an LG on H4 (GBPUSD) between 08:00 and 16:00 bars on May 7th. The second chart shows two different LGs on H1 between the same time period as H4. Consider we are looking at charts at 16:00 on the same day and we have a long position. What would be our target in terms of LGs as different time frames show different targets? If someone checks M15, I am sure there will be different target levels of LGs. As entries are from M1, which time frame do we need to use to determine targets by using LGs?

Regards,
Blackeagle
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSDH4.png Size: 124 KB
Click to Enlarge Name: GBPUSDH1.png Size: 104 KB
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