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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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Robots4me temporaly suspended, LoL.
As i said some days before we are close to it since they start with such dirty tricks.
Quoting rosalieone
Robots4me temporaly suspended, LoL. As i said some days before we are close to it since they start with such dirty tricks.
Suspended from forex factory
Hi Bro @Robots4me/Steve and All, just one small post about TMA that maybe could help.
this is about the term 'Triangular'. In my basic TMA template that I shared in my journal thread, use 'relative' period of 'average' meaning use big range period of averaging that could cover almost all the TF range ratios. The main purpose of this Triangular Bands to use as 'area mapping' to catch the curves and cyclical behavior of price action, and of course from trained eyes point of view, this tool is 'projection tool' that could 'lead' and not 'late' or lagging as general understanding about MA.

'Triangular' base on word 'Triangle' that refer to 3 points values that related each other in facing degrees connected with lines. In Trading we use this triangle object shape as one of important tool if not say as one of the oldest visual tool. So you will find her in all trading platforms and charting packages.

Back to Triangular Moving Average (TMA), Actually that will be look weird if You claim as Master of TMA theorem, but you don't know how to read Triangles, or don't understand the concept of triangulation who widely use in almost any ancient or modern navigation purposes. So, for short, of course you could 'triangulate' price action to determine next move, just like 'heat seeker' missiles could predict next move of it's fast movement targets. Googling 'Triangulation' then you will understand that this word strongly related to charting/mapping.

In Relation to MM, who 'navigate' the market movements, the navigation process (including triangulation) will be 100% Mathematical Processes, and "Everything that came from Numbers, could re-processing/reverse-engineering using Numbers".

example of 'Triangulation Process' inside the TMA
GBP/USD M5
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GBP/USD M15
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As you see on 'both' GBP/USD M5 and M15, the band levels ratio not change.. so it will help to 'see' visually where the 'triangles' Price Action occurs.


Another example, the 'TMA Bands waves' as Projecting tool
Attached Image (click to enlarge)
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Hope it help and keep smiling
NIH
Dog + Smile = Beautiful Day
Quoting rosalieone
Robots4me temporaly suspended, LoL. As i said some days before we are close to it since they start with such dirty tricks.
My latest post came too late. I somehow suspected some red badge member do this dirty job, don't take a genius to figure out. Not the first time, not the last either. I hope he keep his cool.
Quoting Nih98
Hi Bro @Robots4me/Steve and All, just one small post about TMA that maybe could help. this is about the term 'Triangular'. In my basic TMA template that I shared in my journal thread, use 'relative' period of 'average' meaning use big range period of averaging that could cover almost all the TF range ratios. The main purpose of this Triangular Bands to use as 'area mapping' to catch the curves and cyclical behavior of price action, and of course from trained eyes point of view, this tool is 'projection tool' that could 'lead' and not 'late' or lagging...

what;s think gold short setup
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Quoting rosalieone
Robots4me temporaly suspended, LoL. As i said some days before we are close to it since they start with such dirty tricks.
Quoting skyway
{quote} My latest post came too late. I somehow suspected some red badge member to do this dirty job. Not the first time.
Simply another example, when you move correctly near the 'right' box, then they will try anything to move you away from it.
So, maybe I will also back to my dormant/passive side.

Happy Trading and Keep Smile, because you know the truth.
NIH
Dog + Smile = Beautiful Day
Quoting skyway
{quote} My latest post came too late. I somehow suspected some red badge member do this dirty job, don't take a genius to figure out. Not the first time, not the last either.
Follow the George
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[quote=ferdinando;12312201]
Quoting rosalieone
{quote} ''when the MM are providing Liquidity UNDER OR OVER the PRICE to determine the SHORT and Long term direction of the market'' and how do you determine that ? Hi Rosalione, Prices move in the direction of least liquidity.. IF the market is trending up and the MM is providing liquidity under that price the market will continue that upward move but when the MM switch to providing more liquidity Above the price Than Under the Price that is when you see Price Reversal and the Market Sells off. Ferdinando
thanks, how can we determine these areas ? through Volume profile indi ?
[quote=rosalieone;12312443]
Quoting ferdinando
{quote} thanks, how can we determine these areas ? through Volume profile indi ?

Hi Rosalieone, R4ME has already figured out through the MMLiquidityGaps and MMZone2 indis the WHERE AND the HOW of the MM Liquidity playbook; with a little tweak of both indicators He will be able to know when the MM are Providing liquidity UNDER OR ABOVE PRICE. Volume profile indis may give one an indication of market direction if some major participants in the Forex SWAP market that is regulated and impact SPOT Forex are accurately captured from a good data feed.
But MM WILL ALWAYS dictate Market direction because they PROVIDE THE LIQUIDITY THAT DRIVES PRICE DIRECTION.

Please encourage Steve to look into this. He is soooooo close.

Cheers
Ferdinando
I think I'm back -- or maybe I'm posting from a parallel universe. I think that was suspension #6. I'm not angry with FF -- the admin is great and always fair. It's just that some red badges have the power to suspend and they'll use it whenever their feathers get ruffled or their beliefs are threatened. It works that way in the real world as well, right?

From Wikipedia:
The proverbial saying 'power corrupts; absolute power corrupts absolutely' conveys the opinion that, as a person's power increases, their moral sense diminishes.

Anyways -- I think I did enough damage for one evening. Going forward I have another interesting indicator to share shortly. It's TMA-based and allows you to select spikes based on which TMA level they break through. It looks to be fairly accurate and doesn't require target levels. Oops -- I hope I can say "target levels" without getting suspended again.
Quoting robots4me
I think I'm back -- or maybe I'm posting from a parallel universe. I think that was suspension #6. I'm not angry with FF -- the admin is great and always fair. It's just that some red badges have the power to suspend and they'll use it whenever their feathers get ruffled or their beliefs are threatened. It works that way in the real world as well, right? From Wikipedia: The proverbial saying 'power corrupts; absolute power corrupts absolutely' conveys the opinion that, as a person's power increases, their moral sense diminishes. Anyways -- I think...
Cant wait !
Quoting robots4me
I think I'm back -- or maybe I'm posting from a parallel universe. I think that was suspension #6. I'm not angry with FF -- the admin is great and always fair. It's just that some red badges have the power to suspend and they'll use it whenever their feathers get ruffled or their beliefs are threatened. It works that way in the real world as well, right? From Wikipedia: The proverbial saying 'power corrupts; absolute power corrupts absolutely' conveys the opinion that, as a person's power increases, their moral sense diminishes. Anyways -- I think...
C'mon now, didn't you get the NPC "code of conduct?" Diversity of thought is not allowed.
Quoting Nih98
Hi Bro @Robots4me/Steve and All, just one small post about TMA that maybe could help. this is about the term 'Triangular'. In my basic TMA template that I shared in my journal thread, use 'relative' period of 'average' meaning use big range period of averaging that could cover almost all the TF range ratios. The main purpose of this Triangular Bands to use as 'area mapping' to catch the curves and cyclical behavior of price action, and of course from trained eyes point of view, this tool is 'projection tool' that could 'lead' and not 'late' or lagging...
@Nih98 -- amazing post, thank you.

I'm re-reading your post several times to better understand. The triangulation you describe is most interesting.
Quoting robots4me
Going forward I have another interesting indicator to share shortly. It's TMA-based and allows you to select spikes based on which TMA level they break through. It looks to be fairly accurate and doesn't require target levels.
I have been following for a few weeks and not made any input. However, I have seen today that slope, or gradient, is useful and if you could include that value there might be some other strategies to investigate. In a down trend, spikes don't go so far up in terms of bands penetrated, but are a good entry points for a trade with tend. I'm not quite working to the same ideas with reversal but with trend, I am looking for valid entry points though on H4 time frame. For example here is a chart from today with NIH98 centered bands (all credit to NIH and for making mql4 file available, changed for personal use only) set to 50,500, and multipliers of 1,2,4 and 8 (my own settings) with the addition of a slope value displayed.
I changed the line
slope[i] = ( ( buffer1[i] - buffer1[i+1] ) / buffer1[i] ) * 100000;

to
if(range!=0)
slope[i] = ( ( buffer1[i] - buffer1[i+1] ) / range * 1000 );

range = atr.

I added the slope so it shows in the data window and is accessible from an EA.

Here the slope is -102 and breaks above the SD 1.0 level.
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This next chart is the same but back in time slightly. The data window shows a slope of -55 and the high almost hit SD 2.
If one had several settings in an EA and entered on different gradients in direction of tend this would be an alternative strategy (rather than trading the reversal).

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Just an idea to add but going forward the slope value could be quite useful. I realise if you want to keep just to reversal trading this post has no place and do feel free to ask me to delete it.

Edit. SD level read atr multiplier.
Quoting robots4me
I think I'm back -- or maybe I'm posting from a parallel universe. I think that was suspension #6. I'm not angry with FF -- the admin is great and always fair. It's just that some red badges have the power to suspend and they'll use it whenever their feathers get ruffled or their beliefs are threatened. It works that way in the real world as well, right? From Wikipedia: The proverbial saying 'power corrupts; absolute power corrupts absolutely' conveys the opinion that, as a person's power increases, their moral sense diminishes. Anyways -- I think...
You keep going dude, your making a solid effort to explain in a clear and non ambiguous way this approach to trading for all to understand with great free indicators to boot, for this you have my utmost respect. Cant wait to test your new indicator. Glad your back!
A fool learns from his mistakes. A wise man learns from the fools mistakes.
[quote=skyway;12311783]... If you look back at the thread, very early on I posted a comparison of vdub band versus TMA band(I did not delete the post, anyone interested can check it out.) If anyone research these 2 bands they will find that the former band is excellent to mark top bottom targets. Now NIH calibrated bands also do a good job...

This Thread is so cool! Thanks to R4m & Others
//---
... btw Hi skyway, im still new to this Thread ... Could you please refer the number of your last post that has infor for a comparison of vdub band versus TMA band?
Thank you so much!
cheers,
positive interest or negative interest?
My maiden post in FF after peeping on/off since 2014. This time I have had such a long stay because I stumbled on this @robots4me post that has had me glued “properly”.
Thank you so much @robots4me and all the very good people at FF for all this invaluable help to complete “newbies” like me - though lost my first fx tradings way back years ago.

The ADR indicator is just unbelievable!. Is there a way to increase its look back display for sake of backtesting/studies? By default I believe it is displaying 20 days? which is also the average being used to compute.

Again, Thanks so much! @robots4me, and, not to forget the other great helper here - Nih98, your bands are just amazing!.
Quoting nigpig
{quote} I have been following for a few weeks and not made any input. However, I have seen today that slope, or gradient, is useful and if you could include that value there might be some other strategies to investigate. In a down trend, spikes don't go so far up in terms of bands penetrated, but are a good entry points for a trade with tend. I'm not quite working to the same ideas with reversal but with trend, I am looking for valid entry points though on H4 time frame. For example here is a chart from today with NIH98 centered bands (all credit...
@nigpig -- very nice. Thanks for sharing your observation. This would be easy to include in an indicator and then people could experiment to see how well it holds up. In the end it could be applied as an optional "filter" -- which I think everyone agrees have value.

I'm currently juggling multiple things -- but I will revisit this idea with you.
Quoting robots4me
I think I'm back -- or maybe I'm posting from a parallel universe. I think that was suspension #6. I'm not angry with FF -- the admin is great and always fair. It's just that some red badges have the power to suspend and they'll use it whenever their feathers get ruffled or their beliefs are threatened. It works that way in the real world as well, right? From Wikipedia: The proverbial saying 'power corrupts; absolute power corrupts absolutely' conveys the opinion that, as a person's power increases, their moral sense diminishes. Anyways -- I think...
Amigo keep it up, what the "Red Experts (sarcastic)" is doing is pathetic and hilarious..

PC
Less is more...
Seems this TMA scalping EA has already built by someone else here.

https://www.forexfactory.com/showthread.php?t=921671
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