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Real or Algo

  • #441
  • May 31, 2020 4:08pm May 31, 2020 4:08pm
Quoting STrading
{quote} Nope, is just that he had already explained.
At what point did I stated otherwise, or asked for another one? I just clarified it apart, right after reading your highly obtuse claim...
  • #442
  • May 31, 2020 4:10pm May 31, 2020 4:10pm
Quoting Viktory
{quote} At what point did I stated otherwise, or asked for another one? I just clarified it apart, right after reading your highly obtuse claim...
What obtuse claim?
  • #443
  • May 31, 2020 5:59pm May 31, 2020 5:59pm
I guess this Asia GJ move was the case where targets were sitting on top of each other, hence it did not stop on first two, and went all the way to close the gap mentioned earlier in the thread?

But the initial move to the first target was almost perfect expansion, per your classification, Rick. What spoiled it was a hiccup right before the first level.

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  • #444
  • Jun 1, 2020 12:13am Jun 1, 2020 12:13am
Quoting RickM
{quote} Hi Andy The whole point of my previous posts was to point out the current price action is telling us where the market may reverse. As price moves towards a target, we can gauge whether the current move is dense in aggressive market orders. These are orders that are compacted tightly together with almost no space between orders and will almost certainly decimate the pool of limit orders ahead. These grinds are very narrow as I described and best not traded till the first decent pull back. If we are offered a Beautiful Passive Type B Grind,...
Hi Rick,

Many thanks for your illuminating posts, it makes a great deal of sense to me.
So you are now convinced that the limiting expansion is a curve rather than the straight line of a larger, perhaps not obvious channel?
  • #445
  • Jun 1, 2020 12:55am Jun 1, 2020 12:55am
GBPUSD - 16 Jan 2017 Daily bottom
today 23 Jan 2017 at play, if so can go higher
  • #446
  • Edited 7:22am Jun 1, 2020 4:43am | Edited 7:22am
Quoting hepsibah
{quote} Hi Rick, Many thanks for your illuminating posts, it makes a great deal of sense to me. So you are now convinced that the limiting expansion is a curve rather than the straight line of a larger, perhaps not obvious channel?
I developed a nice little indicator that gives me a single number based on my equation. It has alerts to tell me the boundary is close so i don't need to watch my charts all evening. The answer is the the limiting of expansion is calculated from the middle of the order flow and is measured by distance, in a straight line.
Curves are what out minds see to make sense of this apparent random action.

As I was writing this post, I saw a nice scalp.

9.47PM GMT-+10

AUDJPY just hit my alert which is set 2 pips before the boundary. Sell trade open size 1 lot, Result 8 pips with 0.03 pip drawdown. 72.637
Target - Nil
Boundary M1 was +2 pips. Reading on indicator .........
Summary - Ranging market with exhausted ADR.
Trading thin liquidity at the boundary of the charts
  • #447
  • Jun 1, 2020 5:00am Jun 1, 2020 5:00am
Quoting RickM
{quote} I developed a nice little indicator that gives me a single number based on my equation. It has alerts to tell me the boundary is close so i don't need to watch my charts all evening. The answer is the the limiting of expansion is calculated from the middle of the order flow and is measured by distance, in a straight line. Curves are what out minds see to make sense of this apparent random action.
Thanks for the clarification Rick. My brain has a hard job dealing with curves and wavy lines on charts so I will continue to just watch for the speed of the move and gaps appearing to try to spot a limit approaching.
  • #448
  • Jun 1, 2020 6:04am Jun 1, 2020 6:04am
I wonder, if anybody has a description of how TmaTrue indicator really works? I mean, what type of MA is it? I've only seen .ex4 version of it, which doesn't help digging deep into the code.
  • #449
  • Jun 1, 2020 8:17am Jun 1, 2020 8:17am
Quoting phi1ipp
I wonder, if anybody has a description of how TmaTrue indicator really works? I mean, what type of MA is it? I've only seen .ex4 version of it, which doesn't help digging deep into the code.
As I recall reading from George's thread - True TMA is a variation of LWMA.

Here is a link to the source code from someone who figured it out. I would like to point out (as did GeorgeAUS and Moodybot here) that this is not the end all/be all.

I would also like to point out I know next to nothing about how GeorgeAUS/Moodybot/RickM et al trade this, so take everything I say on this specific topic with about a pound of salt

https://www.forexfactory.com/showthr...4#post12066634
  • #450
  • Edited 5:52pm Jun 1, 2020 4:58pm | Edited 5:52pm
Quoting almo
{quote} As I recall reading from George's thread - True TMA is a variation of LWMA. Here is a link to the source code from someone who figured it out. I would like to point out (as did GeorgeAUS and Moodybot here) that this is not the end all/be all. I would also like to point out I know next to nothing about how GeorgeAUS/Moodybot/RickM et al trade this, so take everything I say on this specific topic with about a pound of salt https://www.forexfactory.com/showthr...4#post12066634
Thank you, almo! You beat me to it. I also recall the same, so my plan for the evening was to deep dive into George's thread to find the same post I guess it's easy to compare if I place one indi on top of another.

UPDATE: It's indeed the same algorithm, as results are identical
  • #451
  • Jun 2, 2020 1:09am Jun 2, 2020 1:09am
mixedbags once told me when M15 cross H4 and pin bar formed sell the next candle open in M1, as the winning rate of 15 - 20 pips has a good FD statistic.
it took me till today to understand what is FD.

i believe rick and moody had bag the pips.
  • #452
  • Jun 2, 2020 7:42am Jun 2, 2020 7:42am
GJ is on it's way up, and nothing seems to stop the move. I'm trying to find TMA turning points with George's approach. A few small scalps worked, nothing more.

So my question is: Is this move currently being controlled conscious by Algos, regarding to the NFP on Friday? And does the former gap (yellow box) have anything to do with this move? Could the experienced algo understanders say something about this move, thanks in advance.

Regards Chris
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  • #453
  • Jun 2, 2020 1:18pm Jun 2, 2020 1:18pm
Quoting Chris.GER
GJ is on it's way up, and nothing seems to stop the move. I'm trying to find TMA turning points with George's approach. A few small scalps worked, nothing more. So my question is: Is this move currently being controlled conscious by Algos, regarding to the NFP on Friday? And does the former gap (yellow box) have anything to do with this move? Could the experienced algo understanders say something about this move, thanks in advance. Regards Chris {image}

If you take a look at the Yen (no crosses) it becomes more clear that this was driven by straight Yen weakness, and that said it broke though a multi month support last night which helped fuel the big move with all the stops that sat below. If you look at the chart below it's a futures contract of the Yen (not a cross pair)…

Like you mentioned when these major levels get taken out I'm sure the algos have a party (along with everyone else that was building up above the support) as they front run stop orders to rake in the $$.
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  • #454
  • Jun 2, 2020 2:43pm Jun 2, 2020 2:43pm
Quoting Chris.GER
GJ is on it's way up, and nothing seems to stop the move. I'm trying to find TMA turning points with George's approach. A few small scalps worked, nothing more. So my question is: Is this move currently being controlled conscious by Algos, regarding to the NFP on Friday? And does the former gap (yellow box) have anything to do with this move? Could the experienced algo understanders say something about this move, thanks in advance. Regards Chris {image}
Hi Chris

I always look at the big picture the Algo has planned for us first.
The line chart is its map - its manipulation turning points that act like river beds where water can flow through either fast or slow, long or short.

We are in a large River with no boulders (little resistance) and the water is wide and running very fast.

This channel is 418 pips wide - still 320 pips to go if it decides to destroy some more Sellers Equity.
But if we looked, we would have known this.
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Trading thin liquidity at the boundary of the charts
  • #455
  • Jun 2, 2020 2:53pm Jun 2, 2020 2:53pm
Quoting Chris.GER
GJ is on it's way up, and nothing seems to stop the move. I'm trying to find TMA turning points with George's approach. A few small scalps worked, nothing more. So my question is: Is this move currently being controlled conscious by Algos, regarding to the NFP on Friday? And does the former gap (yellow box) have anything to do with this move? Could the experienced algo understanders say something about this move, thanks in advance. Regards Chris {image}
I am also trying to work on the magic sauce... As I way behind you guys from TZ perspective, I was observing this move up and was able to find those areas, which would give several opportunities to grab 10+ pips (not all of them are at target levels though! and forgot to mark one for an up bounce after the last marked top). As mr Rick told us, grinder of Type B gives us these chances on its way
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  • #456
  • Jun 2, 2020 3:18pm Jun 2, 2020 3:18pm
Just a small thought...

When looking for a target in the few days leading up to NFP it can be...hit or miss...price can shoot straight through...and continue..we then curse, throw away the method and hunt FF for another guaranteed get rich quick......
The clue is multiple pairs beginning to extend beyond 'local' targets as a few have at the moment... every 3 or so weeks sshh!! look to the horizon for a stand out target..
And wait for the confirmed reversal...especially on a higher time frame.
  • #457
  • Jun 2, 2020 3:44pm Jun 2, 2020 3:44pm
Quoting moodybot
Just a small thought... When looking for a target in the few days leading up to NFP it can be...hit or miss...price can shoot straight through...and continue..we then curse, throw away the method and hunt FF for another guaranteed get rich quick...... The clue is multiple pairs beginning to extend beyond 'local' targets as a few have at the moment... every 3 or so weeks sshh!! look to the horizon for a stand out target.. And wait for the confirmed reversal...especially on a higher time frame.

Hi Andy, and thank you for the great thread...
If you don’t mind can you elaborate a bit regarding clues. Tnx a lot
Milos
Make your own rules and stick to it.
  • #458
  • Jun 2, 2020 4:19pm Jun 2, 2020 4:19pm
Quoting charli86
{quote} Hi Andy, and thank you for the great thread... If you don’t mind can you elaborate a bit regarding clues. Tnx a lot Milos

Usually I have one or two pairs going through a setup, getting ready to reverse.
When i see several pairs not stopping at predefined targets, extending, showing no sign of a reversal, then there is usually something about to happen.
In this case NFP week.
Very evident if checking pairs on H1 or higher....
  • #459
  • Jun 2, 2020 4:53pm Jun 2, 2020 4:53pm
Quoting moodybot
Just a small thought... When looking for a target in the few days leading up to NFP it can be...hit or miss...price can shoot straight through...and continue..we then curse, throw away the method and hunt FF for another guaranteed get rich quick...... The clue is multiple pairs beginning to extend beyond 'local' targets as a few have at the moment... every 3 or so weeks sshh!! look to the horizon for a stand out target.. And wait for the confirmed reversal...especially on a higher time frame.
after years of trying to catch the high and low for better pips and was being thrown to the pit, you will learn. BUT not all will learn.
  • #460
  • Jun 2, 2020 6:33pm Jun 2, 2020 6:33pm
M15 about to move up to H4 and that will be end for this GU episode.
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