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The Volume Detective 411 replies

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

  • #4,941
  • Jul 14, 2019 3:49pm Jul 14, 2019 3:49pm
Quoting bishopdotun
{quote} @mixedbags and all, we will appreciate if no one makes reference to these again. Please..... Can we stop reference to such for once. @R4M: I suggest going forward you minimise posts that make reference to these vibes. Let everyone live in their world. It's that simple. Thank you.
Quoting mixedbags
@Moodywoody (https://www.forexfactory.com/showthread.php?p=12381175#post12381175) @R4M 1 more to stir you on
@bishopdotun, @mixedbags -- gentlemen, it's okay. I'm walking a fine line in terms of how best to deal with them. As we've seen, they write good-bye posts to generate sympathy, but then return a few days later. They are not going away.

It shouldn't be a distraction for anyone except for me -- and as I've written before I'm content dealing with them and it spurs me on. So, no need to be concerned about it derailing how I work.

I appreciate the support, truly, thank you @mixedbags. And @bishopdotun I appreciate your wise advise. And I will navigate somewhere in-between, choosing if / when to respond.

I'm having a blast -- being an important part of this BD strategy is way too cool. To both of you -- thank you, gentlemen...
  • #4,942
  • Jul 14, 2019 4:03pm Jul 14, 2019 4:03pm
@Robots4me , started today with the allpairsEA and Daily chart on a live account, settings are standaard.

Followed you sinds the Ultron and Georgie offcource. Always wondered how you go on a rampage with people and then come out relaxed, Must be a game youall playing.

I have one question, why suddenly all this interest in the M1,M5,M15 timeframes ? Is the D1 TF to slow ?
This is not the end, its the end of the beginning. W.C 1942
  • #4,943
  • Jul 14, 2019 4:38pm Jul 14, 2019 4:38pm
WARNING

In #Post 4929 I updated the FractalLevels DB with the version 1.1
https://www.forexfactory.com/showthread.php?p=12381227#post12381227

(In the old version I forgot to enable the signal updating)
  • #4,945
  • Jul 14, 2019 5:00pm Jul 14, 2019 5:00pm
Quoting Valuejager
@Robots4me , started today with the allpairsEA and Daily chart on a live account, settings are standaard. Followed you sinds the Ultron and Georgie offcource. Always wondered how you go on a rampage with people and then come out relaxed, Must be a game youall playing. I have one question, why suddenly all this interest in the M1,M5,M15 timeframes ? Is the D1 TF to slow ?
Quote
Must be a game youall playing.
@Valuejager -- sort of, I guess. And many people find the drama entertaining to read -- more interesting than following bars on a chart. One thing I've learned from FF is if you want to author a thread you had better develop a thick skin. Most people are great and really do want to learn and be supportive -- but as a public forum there will always be a few bad actors. Right, @bluesteele? And, @Valuejager, to prove my point you can check a little later and @bluesteele will have "liked" this post. That's how it goes...

Quote
why suddenly all this interest in the M1,M5,M15 timeframes ? Is the D1 TF to slow ?
Good question. @bishopdotun and @skyway are probably the ones who can better answer this. The BD strategy really works best with D1, but people experimented with LTFs and found those could also perform well by adjusting a couple of settings. I think it comes down to a personal preference.
  • #4,946
  • Jul 14, 2019 5:51pm Jul 14, 2019 5:51pm
I think that personal preference = level of greed.

I am a newby so all my posts has to go by moderators to show, hence the delay.

laterz
This is not the end, its the end of the beginning. W.C 1942
  • #4,947
  • Jul 14, 2019 6:08pm Jul 14, 2019 6:08pm
Quoting Valuejager
I think that personal preference = level of greed. I am a newby so all my posts has to go by moderators to show, hence the delay. laterz
Quote
I think that personal preference = level of greed.
Perhaps -- but that may be oversimplifying. You know in basketball there are players who shoot from 3-point range, 2-point range and only under the basket. And there are players who can shoot from anywhere. The distance from where they shoot depends on what best suits their skills, game plan, current score, etc. It doesn't have to be only D1 or only LTF -- it can be a mix of both.

In forex, skilled traders may prefer LTFs because there is a potential for greater profits (at greater risk) -- which is, after all, what we are all after. We are all greedy.

For someone who has been trading for awhile and prefers a low-maintenance approach that is still profitable, then D1 is attractive. There's that expression -- "Different strokes for different folks"...
  • #4,948
  • Edited 7:11pm Jul 14, 2019 6:47pm | Edited 7:11pm
Quoting skyway
https://www.forexfactory.com/showthread.php?p=12381622#post12381622 For a time, by his suave writings I felt Timetells may be the only gentleman in the inner family. With this post that notion is gone, I was wrong about him they all have the same dna. He completely denied the baseless accusations his buddy bluesteele posted. https://www.forexfactory.com/showthread.php?p=12381171#post12381171
@skyway -- I still think he is different. He stands with his buddies -- can't really fault him for that.

And he is right -- "The truth always prevails in the end." Which is why we are still here, thriving, and they've been relegated to exchanging insults on the @scammers thread. Traders who have been here for decades -- relegated to only posting insults and lies. That's a testimony to the type of people they are and representative of their "contributions" to FF over the years.

@TimeTells is right -- not only does truth prevail in the end, truth has already prevailed. Right, @bluesteele?
  • #4,949
  • Edited 10:05pm Jul 14, 2019 7:21pm | Edited 10:05pm
Quoting skyway
{quote} I wrote my comments on here, I stand by it. https://www.forexfactory.com/showthread.php?p=12381075#post12381075 Answer this missing link question that nobody thinks about, why Level-3 fractals beyond certain band width are more likely to see price reverse ? Answer can be based on math, logic, empirical or whatever. Armed with this answer, the next time we open a trade we know the reason behind the trade. Else we are simply trading curve-fitted indicators.
There is a reason why I try initiate conversation on this topic. I will make it brief, hopefully I get my point across.

This BD level-3 fractal reversal method on the surface looks like the typical convergent type trade.

It depends on the individual trader who applies this strategy who mostly do well in converging market conditions.

To me, as a intraday divergent trend trader, I only apply this strategy in diverging market conditions - that's the catch. I take advantage of the divergent market to impose itself while I apply a converging reversal market strategy during the here and now prevailing market window.

Food for thought for those interested in this hybrid model whose purpose is to circumvent the weaknesses of divergent trading strategy that in total takes advantage of both worlds reaping large reward risk ratio with low risk exposure in shorter repetitive cycles.
  • #4,950
  • Jul 14, 2019 10:34pm Jul 14, 2019 10:34pm
Quoting skyway
{quote} There is a reason why I try initiate conversation on this topic. I will make it brief, hopefully I get my point across. This BD level-3 fractal reversal method on the surface looks like the typical convergent type trade. It depends on the individual trader who applies this strategy who mostly do well in converging market conditions. To me, as a intraday divergent trend trader, I only apply this strategy in diverging market conditions - that's the catch. I take advantage of the divergent market to impose itself while I apply a converging...
Very cheem can simplified
  • #4,951
  • Jul 15, 2019 3:56am Jul 15, 2019 3:56am
@robots4me

Would it be possible to have a popup or specifically an email alert for the dashboard when we get a square level 3 fractal outside of the bands? I still prefer to manually trade at the moment while doing the day job. this would be most helpful.

Regards
Brian
  • #4,952
  • Jul 15, 2019 4:10am Jul 15, 2019 4:10am
Quoting Brinet16
@robots4me Would it be possible to have a popup or specifically an email alert for the dashboard when we get a square level 3 fractal outside of the bands? I still prefer to manually trade at the moment while doing the day job. this would be most helpful. Regards Brian
@Brinet16 -- please hold that thought -- I'm still working on the basics of fractal Entries. Once fractal signals are working then feel free to bring this up again.
  • #4,953
  • Jul 15, 2019 4:13am Jul 15, 2019 4:13am
@robots4me

Will do thanks, All the hard work up until now has been much appreciated also.

Brian
  • #4,954
  • Jul 15, 2019 5:15am Jul 15, 2019 5:15am
A beautiful 120 minutes / 2 hours EURUSD Chart with an Envelope using Parisboy's Ultra Secret Confidential Private Proprietary Settings !
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 120 mn 15 JUILLET 2019.png Size: 1.0 MB
  • #4,955
  • Jul 15, 2019 5:30am Jul 15, 2019 5:30am
Quoting parisboy
A beautiful 120 minutes / 2 hours EURUSD Chart with an Envelope using Parisboy's Ultra Secret Confidential Private Proprietary Settings ! {image}
@parisboy -- nice to hear from you.

So -- when are you going to try our EA?
  • #4,956
  • Jul 15, 2019 5:55am Jul 15, 2019 5:55am
Quoting robots4me
{quote} @parisboy -- nice to hear from you. So -- when are you going to try our EA?
I do not use MT4 - so I can not test your EA - It is why I have nothing to say about it.

This said the technical exchanges on how you build it to try to mimic human decision is very interesting

Key points are :

how to deal with the Underlying Trend
how to deal with a Range Shift which explodes (double or halve) Stop Losses, targets, exits and entries
how to deal with Range Shift consequence of a change of Time Frame
  • #4,957
  • Jul 15, 2019 6:35am Jul 15, 2019 6:35am
Quoting parisboy
{quote} I do not use MT4 - so I can not test your EA - It is why I have nothing to say about it. This said the technical exchanges on how you build it to try to mimic human decision is very interesting Key points are : how to deal with the Underlying Trend how to deal with a Range Shift which explodes (double or halve) Stop Losses, targets, exits and entries how to deal with Range Shift consequence of a change of Time Frame
Quote
I do not use MT4 - so I can not test your EA
Oh, yes, I forgot...

BTW -- you know that @bishopdotun started a new thread that is focused more on the theory and practical use of the BD strategy (https://www.forexfactory.com/showthread.php?t=930790&page=2). He is much better equipped than me to engage with you on the similarities of your two approaches.
  • #4,958
  • Jul 15, 2019 9:05am Jul 15, 2019 9:05am
Hi Steve,

I need help. I don't know why but my dashboard not working properly anymore. I am using BD Time Frame 1440 and dashboard is attached to a Daily chart. BD indi on M15 chart and Dashboard settings are the same. Look at EURAUD pair. Signal on M15 chart is Buy but dashboard signal shows Sell. None of the dashboard signals are correct. I'd appreciate if you could help. Thanks in advance.

Regards,
Blackeagle
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDM15.png Size: 89 KB
Click to Enlarge Name: BD Dashboard.png Size: 61 KB
  • #4,959
  • Jul 15, 2019 9:11am Jul 15, 2019 9:11am
Quoting Blackeagle
Hi Steve, I need help. I don't know why but my dashboard not working properly anymore. I am using BD Time Frame 1440 and dashboard is attached to a Daily chart. BD indi on M15 chart and Dashboard settings are the same. Look at EURAUD pair. Signal on M15 chart is Buy but dashboard signal shows Sell. None of the dashboard signals are correct. I'd appreciate if you could help. Thanks in advance. Regards, Blackeagle {image} {image}
You have to apply the dashboard to a M15 TF.
  • #4,960
  • Jul 15, 2019 9:16am Jul 15, 2019 9:16am
Quoting Blackeagle
Hi Steve, I need help. I don't know why but my dashboard not working properly anymore. I am using BD Time Frame 1440 and dashboard is attached to a Daily chart. BD indi on M15 chart and Dashboard settings are the same. Look at EURAUD pair. Signal on M15 chart is Buy but dashboard signal shows Sell. None of the dashboard signals are correct. I'd appreciate if you could help. Thanks in advance. Regards, Blackeagle {image} {image}
By the way, the stop loss will kill the project. Your stop loss should not be less than 1.5 * ADR. You are trading from the zone below the band. Unfortunately, we cant predict the size of the zone. So thread carefully.
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