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Attachments: The Paradox System
Exit Attachments

The Paradox System

Quoting OliveBranch
{quote} Thank you for your reply. I understand where you're sitting now. So let's progress a little further. How do we get a parabolic flip? ie: what happens first?
My grateful thanks to you OB. My answer: EMA is at or crossing Purple.

Regards,
Maas
Quoting maas
{quote} My grateful thanks to you OB. My answer: EMA is at or crossing Purple. Regards, Maas
Fabulous, and what happens and must happen before that?
If you make up your own rules then the story is sad.....
Quoting OliveBranch
{quote} Fabulous, and what happens and must happen before that?
P crosses W & S, as it must.

ATB,
Maas
Quoting maas
{quote} P crosses W & S, as it must. ATB, Maas
& now you have your answer to your question.
If you make up your own rules then the story is sad.....
For everyone's information.

Dear (Oli),

Thank you for your email.

Our markets are open from Sunday 5pm ET until Friday 5pm ET.
Our current MT4 server time is in GMT which means that there would be 6 daily candles per week.
We are going to be changing the MT4 server time to ET meaning that the daily candle will start from 5pm ET and will reflect the entire trading day.

This means there will be 5 daily candle sticks per week with the ET time format instead of 6 daily candle sticks per week with the GMT time format.
This change will occur when the market closes on 29th May 5pm New York time.
Please note that there is no change in the amount of data available as a result of this change.
Unfortunately, you will not be able to remain on the GMT timezone to have 6 daily candles per week on our Forex.com MT4 servers.
If you make up your own rules then the story is sad.....
Quoting OliveBranch
For everyone's information. Dear (Oli), Thank you for your email. Our markets are open from Sunday 5pm ET until Friday 5pm ET. Our current MT4 server time is in GMT which means that there would be 6 daily candles per week. We are going to be changing the MT4 server time to ET meaning that the daily candle will start from 5pm ET and will reflect the entire trading day. This means there will be 5 daily candle sticks per week with the ET time format instead of 6 daily candle sticks per week with the GMT time format. This change will occur when the...
Does this mean MT4 servers from forex.com will be no longer usable?
Quoting OliveBranch
{quote} & now you have your answer to your question.
Many, many thanks for your time & trouble.

ATB,
Maas
Quoting sharoonas
{quote} Does this mean MT4 servers from forex.com will be no longer usable?
I was asked by PM the very same question Sharoonas via a PM regarding the server changes and Daily bar changes.
I did not know the answer to be honest. I was unaware of any changes until the message was received. Which is why I checked with Forex.com and asked what was going to happen.
I know the answer to this question of if the viability of if the data from Forex.com is going to be good or no good, ....and it is within this thread's information.
There was nothing for it (a saying where I live) - meaning there is nothing to do but think for myself "How do I find out the facts?".
I don't know about to you, "No shortcuts" Dana said to me more than once.
Really?? I had to go through that hoop again??!! No short cuts is also actually the same as Problem Based Learning theory.
It took me 2 days of pulling my finger out and doing some study (work), but I have found the answer and it's in the thread for all to see.
It is not hidden, there is nothing secret, it sticks out like a sore thumb and there is no possibility of misinterpreting the information in that post that tells you the answer.

https://citl.illinois.edu/citl-101/teaching-learning/resources/teaching-strategies/problem-based-learning-(pbl)

Problem-Based Learning (PBL) is a teaching method in which complex real-world problems are used as the vehicle to promote student learning of concepts and principles as opposed to direct presentation of facts and concepts. In addition to course content, PBL can promote the development of critical thinking skills, problem-solving abilities, and communication skills. It can also provide opportunities for working in groups, finding and evaluating research materials, and life-long learning (Duch et al, 2001).
While the core problems will vary among disciplines, there are some characteristics of good PBL problems that transcend fields (Duch, Groh, and Allen, 2001):

  1. The problem must motivate students to seek out a deeper understanding of concepts.
  2. The problem should require students to make reasoned decisions and to defend them.
  3. The problem should incorporate the content objectives in such a way as to connect it to previous courses/knowledge.
  4. If used for a group project, the problem needs a level of complexity to ensure that the students must work together to solve it.
  5. If used for a multistage project, the initial steps of the problem should be open-ended and engaging to draw students into the problem.

https://instructionaldesign.com.au/problem-based-learning-pbl/

What is Problem Based Learning and Why Should We Use It?

The term “Problem-Based Learning” (PBL) was originally developed by Barrows and Tamblyn (1980) for medical education. It is based on the Constructivist Theory of Learning.

PBL is a pedagogical strategy that uses open ended / ill-structured problems that mirror real-world problems. The authenticity of the problems helps students to transfer their knowledge and skills beyond the classroom, preparing them for the workplace and life in a rapidly changing world. The open ended nature of problems gives students the flexibility to approach it from different angles, to take different thematic sidelines according to their personal interests. This gives them control of the learning process, capturing their interest and motivating them to learn.


The style can drive people insane if they have not come across it before and dealt with the challenges and solutions problem solving provides for.

That's why teenagers think they know everything, because they haven't had to problem solve for themselves for survival and necessity as much as some adults and parents they have been socialised with.

I have found, through experience, that... the more one can problem solve, the easier it is to learn and retain that knowledge and bring it back again for when I need it again...

Tough Love can be a true gift.

We have a choice and can hand the gift back, do nothing or take it and run with it.


I'm not saying don't ask questions.

I'm just saying people can do a little work themselves as well. I did 2 days worth of longer than 14hrs per day to get the answer I need. Has anyone else done similar? AND Is anyone else willing to do similar to learn how to be a profitable trader?

Yes?

Come with me then and follow Dana's example. I am quite sure he has done the marathon as well.

If you make up your own rules then the story is sad.....
Quoting OliveBranch
{quote} I was asked by PM the very same question Sharoonas via a PM regarding the server changes and Daily bar changes. I did not know the answer to be honest. I was unaware of any changes until the message was received. Which is why I checked with Forex.com and asked what was going to happen. I know the answer to this question of if the viability of if the data from Forex.com is going to be good or no good, ....and it is within this thread's information. There was nothing for it (a saying where I live) - meaning there is nothing to do but think...
Hello,

I did a little research on this thread about the 6 daily bars vs. 5 daily bars matter.

Dove/Post 15,061:
"Somewhere on this thread I had explained about using a simulator with The Paradox. For one thing the
Paradox creates its own data and the broker that it creates its data from is a broker that runs 6 days a week.
In which I had explained very thoroughly. The broker MUST OPEN 17:00 EST on Sunday and close the following Friday at 17:00 EST.
If the broker you use does not open and close at those times then The Paradox will not work.
If you add or take away anything from any of the charts then you had corrupted The Paradox data and The Paradox will not work.
I need not say any more."

Another reason for everyone to use the same demo-broker was, that everyone must have identical charts, or otherwise it would not be possible to understand questions with screenshots.

If the 6th daily bar is removed, the charts are not working as intended by Dove. The indicators are not regular and the lines are not just simply moving averages.
And the combination is very finely tuned to work as a bundle. The indicators often seem more precise than is natural, but one needs to watch it on the go to find that out. But also often the S/R:s or stopping points are within ~10 pips of the visual S/R. It's the finding of the confluence of S/R that gives the edge, along with the basic entry rules, when using strict 40:40 rule.

But just my personal hope and opinion is that it may just be that the data is close enough to the original to be used... Or maybe use another broker that has similar open/close times as forex(dot)com... But I don't know the hardcoded calculations that goes on inside these indicators. It remains to be seen.
Quoting ilpoj
{quote} Hello, I did a little research on this thread about the 6 daily bars vs. 5 daily bars matter. Dove/Post 15,061: "Somewhere on this thread I had explained about using a simulator with The Paradox. For one thing the Paradox creates its own data and the broker that it creates its data from is a broker that runs 6 days a week. In which I had explained very thoroughly. The broker MUST OPEN 17:00 EST on Sunday and close the following Friday at 17:00 EST. If the broker you use does not open and close at those times then The Paradox will not work....
Hi ilpoj thanks for bringing up this post.
My interpretation of this DoveAlliance post quoted is quite different from yours:

  1. Like the email of "Forex.com" team to OliveBranch said
    Quote
    Our markets are open from Sunday 5PM ET until Friday 5PM ET.
    So the trading schedule will not change.
  2. We have to open and close the MT4 at 5PM ET everyday and have an indicator that provides the open price at that time. Now we will have a new trading day starting at that time.
  3. Also on Post 102 there is this quote by DoveAlliance:
    Quote
    The Daily does not switch over to a new candle until 22:00 GMT on my chart after Sunday's opening. That is one of many reason I dislike the MT4. You cannot program it for your time zone. And for traders like myself; all timeframes needs to be set at 17:00 EST for the end of day.

Think it's safe to assume that the Paradox will continue to work.

Best regards,
Hugo

Guys, the paradox is set up and coded with the six candles closed in the Daily chart unless Dove said otherwise. the h1 h2 h4 have no problems backtesting it with my pepperstone broker. but you are going to need a broker with a six candles closed in ur daily chart.
To reach that level of determination is a matter of the will.
Thought id take a look at pepperstone to confirm and pepperstones past data does not match up with forex.com on daily or H2. The parabolics are in the wrong spot

forex.com:
Attached Image (click to enlarge)
Click to Enlarge Name: correct chart.PNG Size: 70 KB



pepperstone:
Attached Image (click to enlarge)
Click to Enlarge Name: pepperstone.PNG Size: 83 KB


Im sticking with forex.com until further notice at this time
Causa sui
Quoting mexican301
Thought id take a look at pepperstone to confirm and pepperstones past data does not match up with forex.com on daily or H2. The parabolics are in the wrong spot forex.com: {image} pepperstone: {image} Im sticking with forex.com until further notice at this time

forex.com demo doesnt change to daylight savings time. its forever closing @ 20:00 gmt thats why. If you want the bar sync correctly u need a live account in forex.com. u back test it when the daily savings end like around november to march you will see it was sync until march when dst starts @ forex.com h2 bars are still the same when it is supposed to change to dst. but since we are a non live account then we are forever closing
@ 20:00 gmt. Nonetheless, like ive said You will all be needing a six candles closed in you daily Chart and I dont recommend pepperstone with that.
To reach that level of determination is a matter of the will.
Quoting mexican301
Thought id take a look at pepperstone to confirm and pepperstones past data does not match up with forex.com on daily or H2. The parabolics are in the wrong spot forex.com: {image} pepperstone: {image} Im sticking with forex.com until further notice at this time
For what it's worth, if you count the daily bars on Pepperstone they run to only 5 per week.
CityIndex is the only other broker I've come across that has 6 daily bars for the week.
The CityIndex server is set 1 hour behind GMT at the moment.
Cheers
Doug
Quoting downunderfx
{quote} For what it's worth, if you count the daily bars on Pepperstone they run to only 5 per week. CityIndex is the only other broker I've come across that has 6 daily bars for the week. The CityIndex server is set 1 hour behind GMT at the moment. Cheers Doug
At City Index, we’re always looking for ways to improve your trading experience. We’ve listened to your feedback and will be making upgrades to our charting as a result.

On the close of business 19th June 2020, we will be upgrading MetaTrader (MT4) to align with the market trading week that opens on Sunday at 5:00 PM EST (New York time) and closes on Friday, at 5:00 PM EST. As a result, all new daily candles will start and end at 5:00 PM EST resulting in 5 daily candles per week.
Causa sui
Quoting mexican301
{quote} At City Index, we’re always looking for ways to improve your trading experience. We’ve listened to your feedback and will be making upgrades to our charting as a result. On the close of business 19th June 2020, we will be upgrading MetaTrader (MT4) to align with the market trading week that opens on Sunday at 5:00 PM EST (New York time) and closes on Friday, at 5:00 PM EST. As a result, all new daily candles will start and end at 5:00 PM EST resulting in 5 daily candles per week.
Rats!
I have no idea why people are confused over what will happen. Have we checked the thread? If yes, we have the answer. If no or we missed the post after the 50 times of re-reading the thread....then we go read, start again and read for the 51st time. It isn't terribly hard. Persistence. Patience. Personality.
If you make up your own rules then the story is sad.....
Quoting dove_alliance
{quote} Yes that is correct. It is the Data that you are concern with and not the how many days a broker operates.
This may be the answer we are all looking for, I hope this helps everyone.
Causa sui
Hi everyone,
is it only on my system that my clock is misbehaving? I've uninstalled the system and mt4 several times but seems not to work, just curious
Quoting djiminova
Hi everyone, is it only on my system that my clock is misbehaving? I've uninstalled the system and mt4 several times but seems not to work, just curious
Mine's running satisfactorily.
City Index - Melbourne, Australia
Doug
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