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The riddle... If You solve this, we will be rich

  • #21
  • Sep 30, 2020 11:19am Sep 30, 2020 11:19am
Quoting SilentFather
{quote} Hi, well then anything we have in platforms mean nothing for trading. Why we use Fibonacci, it works sometimes, sometimes not. Moving average is the same. Breaks are false sometimes and sometimes it can make money. This is not a good thinking. I proved before already that if I create line from this price offset, price will reverse if the point was created properly. This is not even remotely possible with a coin flip. There will be drawdown and other things. Anything on chart means simply nothing with this logic. Anything you can name. Resistance/support...
When I told you that something is missing.....I was speaking about your interpretation of the indicator, and not in general about forex I told you the two ways you have to solve the problem.
The past is already gone, the future hasn't arrived yet
  • #22
  • Sep 30, 2020 11:21am Sep 30, 2020 11:21am
Quoting Rafaz1
where is the indicator you refer to Silent Father?

  1. This is the only thing i could find for it, downloading the .zip has an .algo file in it so figuring out that part. https://www.forexfactory.com/thread/...-trading-ideas

  • #23
  • Sep 30, 2020 11:38am Sep 30, 2020 11:38am
Exactly what i'm I mean to do with an Algo file, I need an mt4 file as i am not a programmer.
  • #24
  • Sep 30, 2020 11:53am Sep 30, 2020 11:53am
Quoting Rafaz1
Exactly what i'm I mean to do with an Algo file, I need an mt4 file as i am not a programmer.


  1. well if you read the post its all in cTrader but if you want the basic set up in MT4 check this reply: https://www.forexfactory.com/thread/...7#post11328707 . Templates are in his post as well

  • #25
  • Sep 30, 2020 12:59pm Sep 30, 2020 12:59pm
Quoting SerbSerb
{quote} well if you read the post its all in cTrader but if you want the basic set up in MT4 check this reply: https://www.forexfactory.com/thread/...7#post11328707 . Templates are in his post as well
I download the indicator But I cannot open it. Even it is not in my custom indicator part. how can I open it?
  • #26
  • Sep 30, 2020 3:22pm Sep 30, 2020 3:22pm
Here is what I see with method from SilentFather. I enjoy his thoughts & ideas. Thought provoking. A level that is passed can be passed again, but not always in the near future. Views a comments welcome & I will then share the indicator used. Thank you!

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  • #27
  • Sep 30, 2020 4:00pm Sep 30, 2020 4:00pm
You need an EA using this indicator then backtest 10 years and get % of valid signals. Then can see full picture. Now with eyes you see fragmented perspective. Only EA backtest can give answers... about past but not future.
  • #28
  • Sep 30, 2020 5:18pm Sep 30, 2020 5:18pm
Quoting acetrader
Here is what I see with method from SilentFather. I enjoy his thoughts & ideas. Thought provoking. A level that is passed can be passed again, but not always in the near future. Views a comments welcome & I will then share the indicator used. Thank you! {image}
i suggest you draw fresh lines on the right then historical lines from the left. all indicators works 100% on hindsight.
  • #29
  • Sep 30, 2020 5:42pm Sep 30, 2020 5:42pm
Quoting failinforex
{quote} i suggest you draw fresh lines on the right then historical lines from the left. all indicators works 100% on hindsight.

That's a helpful suggestion, Now post your chart with more helpful suggestions & off trading we will go.
  • #30
  • Oct 1, 2020 12:51am Oct 1, 2020 12:51am
Quoting acetrader
Here is what I see with method from SilentFather. I enjoy his thoughts & ideas. Thought provoking. A level that is passed can be passed again, but not always in the near future. Views a comments welcome & I will then share the indicator used. Thank you! {image}
Correct. Very provoking. But I like those impossible things. It seems thought that it is also impossible to understand why 1 level work and second not.

Hmm. As others said, EA may be needed to understand what happening behind what I do not see. Will need to try it soon.
  • #31
  • Oct 1, 2020 12:57am Oct 1, 2020 12:57am
Quoting acetrader
Here is what I see with method from SilentFather. I enjoy his thoughts & ideas. Thought provoking. A level that is passed can be passed again, but not always in the near future. Views a comments welcome & I will then share the indicator used. Thank you! {image}
Anyway just found that it has something to do with the trend and of course volatility. Level will brake when there is a lot of volatility. Also can be seen on your picture. So we will need to watch highs and lows on simple chart and then we may look on the indicator. Maybe. Will need to test but I'm kinda sick these days so I use my phone actually. Everything is slower thx to it.
  • #32
  • Oct 1, 2020 1:21am Oct 1, 2020 1:21am
It's an interesting approachl... for me it looks like Chikou Span, but many others shifted. Any ideas on this?
  • #33
  • Oct 1, 2020 2:21am Oct 1, 2020 2:21am
Quoting SilentFather
{quote} Anyway just found that it has something to do with the trend and of course volatility. Level will brake when there is a lot of volatility. Also can be seen on your picture. So we will need to watch highs and lows on simple chart and then we may look on the indicator. Maybe. Will need to test but I'm kinda sick these days so I use my phone actually. Everything is slower thx to it.
Hi SF,
Best wishes for a full recovery from your illness
I recall following your thread from 2 years ago & this current one is really interesting once again.
I have been very quiet myself since retiring but always enjoy reading the FF posts. Are you able to help me here by telling me what the indicators and the settings are on the attached screenshot taken from your 1st post ? I am trying to replicate your chart and will try to incorporate it into my NinjaTrader 7 tick charts. Looks like a bit of fun.
Thanks for your posts
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  • #34
  • Oct 1, 2020 2:40am Oct 1, 2020 2:40am
Quoting binnie
{quote} Hi SF, Best wishes for a full recovery from your illness I recall following your thread from 2 years ago & this current one is really interesting once again. I have been very quiet myself since retiring but always enjoy reading the FF posts. Are you able to help me here by telling me what the indicators and the settings are on the attached screenshot taken from your 1st post ? I am trying to replicate your chart and will try to incorporate it into my NinjaTrader 7 tick charts. Looks like a bit of fun. Thanks for your posts{image}
Thanks

I do not remember which indicator version is the one, but the MT4 version with 3 settings is used actually by me on cTrader and is set to number 4.9 and the second is set on 8.6. Not sure why I pick those numbers, but it is somehow good for scalping at least. If nothing else. xD
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  • #35
  • Oct 1, 2020 3:47am Oct 1, 2020 3:47am
Quoting SerbSerb
{quote} well if you read the post its all in cTrader but if you want the basic set up in MT4 check this reply: https://www.forexfactory.com/thread/...7#post11328707 . Templates are in his post as well

There is no indicator in this thread or any kind of setup instructions ???
  • #36
  • Oct 1, 2020 3:48am Oct 1, 2020 3:48am
Quoting SilentFather
{quote} Thanks I do not remember which indicator version is the one, but the MT4 version with 3 settings is used actually by me on cTrader and is set to number 4.9 and the second is set on 8.6. Not sure why I pick those numbers, but it is somehow good for scalping at least. If nothing else. xD {image}
Another fellow cTrader user, not seen one on here in years !
  • #37
  • Oct 1, 2020 6:12am Oct 1, 2020 6:12am
Quoting SilentFather
{quote} Anyway just found that it has something to do with the trend and of course volatility. Level will brake when there is a lot of volatility. Also can be seen on your picture. So we will need to watch highs and lows on simple chart and then we may look on the indicator. Maybe. Will need to test but I'm kinda sick these days so I use my phone actually. Everything is slower thx to it.

SilentFather,

I wish your a full speedy recovery. Have to go to an appt now, but this afternoon I will share some more thoughts. The indicator on my posted chart is really not needed, but helps to mark the turns. Its all about the levels themselves. Take a look at what happened to the pair after I posted that chart. Price did as I expected after moving a bit higher than I anticipated, but none the less crossed back to where it had been. You are on to something with your ideas. Rest up now & get back with the thread soon.
  • #38
  • Oct 1, 2020 7:37am Oct 1, 2020 7:37am
I definately not feel like the smartest person on the planet but also not the dumbest abd I read the whole thing maybe 5 times and still don't get where is the edge or the surprise and I still havent got what exactly are we going to talk about? Can you give more examples and tell exactly what is the calculation of the indicator. Otherwise I dont see how there could be meaningful discussion based on mystery guess. It may be fun but definately wont lead to anyone getting rich lol. So you are making an ofset of price by some % or pips? How do you know what is the ofset , how do you decide the value. What is your REASON behind that calculation and even placing it on a chart. How do you decide when to enter and when to exit? Because If we put too many lines on the chart, price will always seem to "react" to some level. It is absolutely the same with the stupid support/ressistance. Yes, sometimes the price will turn EXACTLY on some previous levels. If we have in mind our "confirmational bias", which is at an EXTREME level in most of the forum members (including me), then we will always find a previous level and say - see price reacted here and turned for 100 or 200 or 1500 pips with 0 drawdown. Those are observation "after the fact" and not in live trading. How are you prepared to enter at a level and when? How do you set the risk, where do you get the profit. You observe your 299 pip move only after the fact, if you are in that trade you will have no reference to measure and have literally no clue if price will move 10 or 1000 points.
Not trying to discredit your thoughts and ideas, but please be more specific in description and examples for what you do. What is the exact calculation and why is it placed, what logic is used from there, what are the rules? The rules cant be "you can place a trendline literally anywhere and sometimes it works to the pip".
  • #39
  • Oct 1, 2020 8:01am Oct 1, 2020 8:01am
Quoting feline207
I definately not feel like the smartest person on the planet but also not the dumbest abd I read the whole thing maybe 5 times and still don't get where is the edge or the surprise and I still havent got what exactly are we going to talk about? Can you give more examples and tell exactly what is the calculation of the indicator. Otherwise I dont see how there could be meaningful discussion based on mystery guess. It may be fun but definately wont lead to anyone getting rich lol. So you are making an ofset of price by some % or pips? How do you know...
Correct. TP should be high (if you buy) or low (if you sell). Should do the trick. Or it is possible to measure the profit by counting how much pips is the indicator line long. (Badly explained but it is not yet done so that should be OK for now)

Lines are made from the volatility and moves. Check picture, if volatility is bigger, lines are closer to each other and moves faster. MAYBE it has something to do with working and nonworking levels. I can't see it manually so I'm not sure at all.

Entry should be exactly on the "spike". Upper spike or lower spike. As on picture n.2. This was automated, I just plotted the buy limit.

When You actually make multiple lines, price will go with them. But it is mess. Complete mess. So... You CAN do it.. or NOT... As you wish. I kinda like it but it is just very messy. xD

How I got the value? Hard to say. It's about TF I trade. You can use lower value or bigger. In fact every value works. Lower value just works differently than bigger.
  • #40
  • Oct 1, 2020 8:03am Oct 1, 2020 8:03am
Just another fun... Moving Averages. Used on the INDICATOR LINES, NOT PRICE ITSELF.

BEFORE / AFTER

Something new but trading it like its normal system. This was real-time, as you see it does not repaint.

Sorry pictures are in wrong order. My mistake but I cannot fix it somehow. xD
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