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

  • #3,741
  • Jun 26, 2019 2:42am Jun 26, 2019 2:42am
Temporary interruption of regularly scheduled programming...

@moodybot just complained that I used the expression "@George and predators". I didn't accuse him of anything, but he assumed I was referring to him. Maybe he's feeling a bit guilty? @moodybot's text signature is "Never Assume..." -- perhaps he should follow his own advice.

This is looking worse and worse. Two more of @moodybot's "pseudopods" -- Nikl and Nikt. They don't post much, but they certainly do a lot of "liking". Of course Nikl and Nikt subscribe to @moodybot, which is how he padded his number of subscribers to reach Red badge.

I'm hoping @moodybot (or @bluesteele) suspends me again so the moderators can review the suspension and look into how many "pseudopods" were created by @moodybot. Their deceit runs deeper and deeper -- they are worse than predators. If @George's methodology is so great and @George's only goal is to help humanity, as he claims, then why all the deceit?

Below are screen shots of the Nikl and Nikt profiles -- you can decide:

Nikl
-from Australia
-joined May 30, 2019
-first subscription -- May 30, 2019 to @George and predators
-subscribes to two members: @George and @moodybot

Nikt
-also from Australia
-joined 2017, but first subscription May 1, 2019 to @George and predators
-subscribes to ten members: only members of @George's family -- including @moodybot


Nikl's profile:
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Nikt's profile:
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  • #3,742
  • Jun 26, 2019 2:54am Jun 26, 2019 2:54am
Quoting JaxPacific
I feel like the differences similarities in the methods are pretty obvious. I am a discretionary trader.. have been for years.. but I am getting tired of always being in front of the screen. I am at the point where I would rather lose 10-15% accuracy.. maybe more.. and let the math of my money management work. As long as the math is consistent.. I can make a winning system out of just about anything. Anyway.. I don't see why there would be any disagreement on these facts. @robots4me is this spikehunter an indi you have shared, or is it private?
@Jaxpacific it is why programming alerts is important. It save us time.

There is basically no difference between discretionary trading and automatized trading . Both follow exactly the same path. They work on conditions , they identify set-ups and repetitive patterns.

The first "automatization" was the creation of charts on graphic monitors, then the downloading of data, then the use of Moving Averages, then the use of other (useless) indicators, then the generation of statistics etc

The main difference between discretionary trading and automatized trading is who presses the GO button.
  • #3,743
  • Jun 26, 2019 3:05am Jun 26, 2019 3:05am
Oops -- 3 more...

This just gets stranger and stranger. I don't know about those boys. Maybe this explains why they didn't create new threads for so many years and simply trolled FF -- they were too busy creating pseudopods.

Rafacakes
Dondee
XorcisM-

Rafacakes
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Dondee
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XorcisM-
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  • #3,744
  • Jun 26, 2019 3:13am Jun 26, 2019 3:13am
The question is : was pseudopods creation an automatized process or a discretionary one ?
  • #3,745
  • Jun 26, 2019 3:17am Jun 26, 2019 3:17am
Quoting parisboy
{quote} @Jaxpacific it is why programming alerts is important. It save us time. There is basically no difference between discretionary trading and automatized trading . Both follow exactly the same path. They work on conditions , they identify set-ups and repetitive patterns. The first "automatization" was the creation of charts on graphic monitors, then the downloading of data, then the use of Moving Averages, then the use of other (useless) indicators, then the generation of statistics etc The main difference between discretionary trading and...
Quote
There is basically no difference between discretionary trading and automatized trading .
@parisboy -- are you serious? The number of clues your brain can pick up from a price chart and the complex decision making that occurs within a fraction of a second can not be matched by f(x) = mx + b. Have you ever heard of AI (artificial intelligence)? That's how software and computers can simulate human decision making. How about self-driving cars -- do you really think there is just a few simple algebraic equations working behind the scenes to analyze sensor data and make driving decisions? Which would you prefer to drive your car -- a human making discretionary decisions or one of @robots4me indicators? There's a big difference.

Quote
The main difference between discretionary trading and automatized trading is who presses the GO button.
??? I could say a few things, but I'll assume it's the wine talking...

@parisboy -- sir, pardon my rude responses. I have a ton of respect for you. And you know how to trade. But attempting to gloss over the differences between human discretionary trading and simple algebraic indicators and EAs isn't right.
  • #3,746
  • Jun 26, 2019 3:18am Jun 26, 2019 3:18am
Quoting parisboy
The question is : was pseudopods creation an automatized process or a discretionary one ?
@parisboy -- this is why I like you so much...
  • #3,747
  • Jun 26, 2019 3:29am Jun 26, 2019 3:29am
Quoting robots4me
Temporary interruption of regularly scheduled programming... @moodybot just complained that I used the expression "@George and predators". I didn't accuse him of anything, but he assumed I was referring to him. Maybe he's feeling a bit guilty? @moodybot's text signature is "Never Assume..." -- perhaps he should follow his own advice. This is looking worse and worse. Two more of @moodybot's "pseudopods" -- Nikl and Nikt. They don't post much, but they certainly do a lot of "liking". Of course Nikl and Nikt subscribe to @moodybot, which is how he...
R4m, I have completely lost interest in George MM manipulation methodology. The latest EURNZD trade posted if it is a sanctioned sample is a complete fail imho. I have zero interest in their activities on this forum. I want no association with the members of their inner family. I wish them the very best in their trading. Goodbye. Sayonara.

Lets focus on the journey here.
  • #3,748
  • Jun 26, 2019 3:36am Jun 26, 2019 3:36am
Quoting robots4me
{quote} @parisboy -- this is why I like you so much...
You once favoured George for Paris boy. How things have changed.
  • #3,749
  • Jun 26, 2019 3:43am Jun 26, 2019 3:43am
Quoting parisboy
{quote} @Jaxpacific it is why programming alerts is important. It save us time. There is basically no difference between discretionary trading and automatized trading . Both follow exactly the same path. They work on conditions , they identify set-ups and repetitive patterns. The first "automatization" was the creation of charts on graphic monitors, then the downloading of data, then the use of Moving Averages, then the use of other (useless) indicators, then the generation of statistics etc The main difference between discretionary trading and...
@Robots4me At the end of the process manual or automatized , whatever the complexity of brainstorming used before the process is the same :

a) conditions XYZ OK
b) GO
c) Entry at level L
d) Stop Loss here (for the cautious guys)
e) Target - even if not consciously formulated by Lazy Traders
  • #3,750
  • Jun 26, 2019 3:44am Jun 26, 2019 3:44am
Quoting skyway
{quote} R4m, I have completely lost interest in George MM manipulation methodology. The latest EURNZD trade posted if it is a sanctioned sample is a complete fail imho. I have zero interest in their activities on this forum. I want no association with the members of their inner family. I wish them the very best in their trading. Goodbye. Sayonara. Lets focus on the journey here.
@skyway -- yes, of course, you are correct. I guess it's because they won't back-off and I like playing detective. Actually, we should blame @parisboy -- he's the one who opened my eyes. FF is a friggin blog -- it never would have occurred to me that there would be such bad actors. Creating pseudopods requires some advanced planning -- it's not something you do on the spur of the moment.

I'll return to regularly scheduled programing. I'm currently working on creating an EA that uses signals from the SpikeHunter indicator...
  • #3,751
  • Jun 26, 2019 3:46am Jun 26, 2019 3:46am
Quoting Pip-Miner
{quote} You once favoured George for Paris boy. How things have changed.
@Pip-Miner -- I know!!! I even blocked @parisboy a couple of times because he kept on and on about envelopes. I guess life is full of surprises, wouldn't you say?
  • #3,752
  • Jun 26, 2019 3:49am Jun 26, 2019 3:49am
Quoting skyway
{quote} R4m, I have completely lost interest in George MM manipulation methodology. The latest EURNZD trade posted if it is a sanctioned sample is a complete fail imho. I have zero interest in their activities on this forum. I want no association with the members of their inner family. I wish them the very best in their trading. Goodbye. Sayonara. Lets focus on the journey here.
@skyway -- sorry, one more comment...

Quote
I have completely lost interest in George MM manipulation methodology.
Yes -- so have I.

But now it's the behind the scenes deceit and manipulation that I find interesting and which takes on a life all its own.
  • #3,753
  • Jun 26, 2019 4:21am Jun 26, 2019 4:21am
Quoting robots4me
{quote} Hey @LongBTC -- what can I say? You know I appreciate this. Like @bishopdotun you bring up good points. With regards to repainting bands... It is not carved in stone which bands we use. As I've written previously, I am dubious about using repainting algorithms for trading. Since the thread was becoming unwieldy I decided it was time to "place a stake in the sand" and, so, decided to go with Centered TMA. It repaints, but the repainted results look nice. It would take me 30 seconds to edit the code to use a different envelope-type. I also...

Hey Steve,

I will follow up your advice and hang on tight regarding the repainting centered TMA bands, there is only one way to find out and that is testing the EA on a live account although I do think we are taking a step in the dark Let's hope I'm wrong! Offcours you can always count on my part of doing the testing, it's one of my addictions

Yes, Spikehunter together with MMdetective is the strategy that I'm currently applying and together they are able to create really good entries. I am indeed using a very tight stoploss when a target is taken out, once a couple of pips in the green I move the SL to BE and let profit run without an exit strategy for now as I'm really focusing on entries at the time being. Given the very tight SL we will keep the DDs at an absolute minimum which is what I prefer, the downside of this is that we miss a couple of the trades we take. But there are more than enough of targets being taken out every single day for us to grab pips from.
  • #3,754
  • Jun 26, 2019 4:30am Jun 26, 2019 4:30am
Quoting LongBTC
{quote} Hey Steve, I will follow up your advice and hang on tight regarding the repainting centered TMA bands, there is only one way to find out and that is testing the EA on a live account although I do think we are taking a step in the dark Let's hope I'm wrong! Offcours you can always count on my part of doing the testing, it's one of my addictions Yes, Spikehunter together with MMdetective is the strategy that I'm currently applying and together they are able to create really good entries. I am indeed using a very tight stoploss...
Timing entries with small drawdown is a skill. To do that we need to have reliable levels to trade. Your combo is one good method.
  • #3,755
  • Jun 26, 2019 4:33am Jun 26, 2019 4:33am
Quoting LongBTC
{quote} Hey Steve, I will follow up your advice and hang on tight regarding the repainting centered TMA bands, there is only one way to find out and that is testing the EA on a live account although I do think we are taking a step in the dark Let's hope I'm wrong! Offcours you can always count on my part of doing the testing, it's one of my addictions Yes, Spikehunter together with MMdetective is the strategy that I'm currently applying and together they are able to create really good entries. I am indeed using a very tight stoploss...
@LongBTC -- well, you know, it wouldn't be difficult to incorporate more than one type of signal generator. In other words, one type would be the current algorithm and a second type would use MMDetective. And there would be a setting so you could choose to use one or the other or both. When using the MMDetective type it would NOT apply the momentum filter and it would instead use a tight SL, is that correct? Also, we need a way to Exit and, so, using the current algorithm would be okay, right?

A question about how you use MMDetective -- do you also require the price to be outside a band? Or is it sufficient that a target is taken out, regardless where the price is relative to the bands?
  • #3,756
  • Jun 26, 2019 4:37am Jun 26, 2019 4:37am
Quoting skyway
{quote} Timing entries with small drawdown is a skill. To do that we need to have reliable levels to trade. Your combo is one good method.
@skyway -- true, and there is yet another way. Applying an Exit condition. Using a momentum-type indicator you can detect when the trade begins to go against you. I'm going to use the "T" word again -- Trade-off. Using an Exit condition can protect the StopLoss and minimize DrawDown. But the trade-off is you'll often leave pips on the table.
  • #3,757
  • Jun 26, 2019 4:42am Jun 26, 2019 4:42am
Quoting robots4me
{quote} @skyway -- true, and there is yet another way. Applying an Exit condition. Using a momentum-type indicator you can detect when the trade begins to go against you. I'm going to use the "T" word again -- Trade-off. Using an Exit condition can protect the StopLoss and minimize DrawDown. But the trade-off is you'll often leave pips on the table.
You can also use ATR for the SL/TP (or a percentage of it) just use the look back of say the last 5 Candles for the TP and say 3 Candles for the SL
Some people say I'm lucky, but the more I practice the luckier I get
  • #3,758
  • Jun 26, 2019 4:45am Jun 26, 2019 4:45am
Quoting parisboy
The question is : was pseudopods creation an automatized process or a discretionary one ?
@parisboy -- it just occurred to me maybe all there are are pseudopods -- FF has only one member and he / she created us all. As far as I know, you could actually be @George in disguise.
  • #3,759
  • Jun 26, 2019 4:47am Jun 26, 2019 4:47am
Quoting robots4me
{quote} @parisboy -- it just occurred to me maybe all there are are pseudopods -- FF has only one member and he / she created us all. As far as I know, you could actually be @George in disguise.
Now your thinking out of the box
Some people say I'm lucky, but the more I practice the luckier I get
  • #3,760
  • Jun 26, 2019 4:48am Jun 26, 2019 4:48am
Quoting Robot Trader
{quote} You can also use ATR for the SL/TP (or a percentage of it) just use the look back of say the last 5 Candles for the TP and say 3 Candles for the SL
@Robot Trader -- ADR is computed using ATR (averaged over 20 days).
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