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  • #114,541
  • Jan 5, 2021 4:07am Jan 5, 2021 4:07am
Quoting Tekkies
{quote} Ouch!!!!
I noticed how robots tried to persuade lddd into doing some data gathering. LOL

If robots wants to support his claims, he needs to come to the table with the supporting data package, not the party that he tries to disparage.

Besides, he already told us that he has PLENTY of time to devote to nonsense, so in place of reading and replying to the nonsense in this thread, he could use that time doing his data gathering and analysis and present that bit of nonsense for us to have another laugh about.
To free Gazans of Hamas, use whatever it takes.
  • #114,542
  • Jan 5, 2021 4:16am Jan 5, 2021 4:16am
Quoting PixelSniper
{quote} 5:1 is literally the minumum I could find on a good scalpers portfolio. It always ranges between 5:1 and 10:1. People are delusional thinking that they can go with 1:1 & 1:2 and become rich or make a lot of money... Why? Are the markets your little hoe? That obeys your order all the time? Mega delusional.....
"1:1 & 1:2"
Why not Sniper?
Compound lot size.
Start with 0.01 lot size, trade until margin comfortably allow 0.02 lot size, trade until margin comfortably allow 0.03 lot size, trade until ............... xxxx.xx lot size.
The beginning of account grow will be agonizing slow and you will wonder why are you wasting your time with Forex.
Later you will pat yourself on the back and scream out "I am a Forex trader."

Don't stare yourself blind against "1:1 & 1:2".
  • #114,543
  • Jan 5, 2021 4:18am Jan 5, 2021 4:18am
Quoting Tekkies
{quote} "high win rate tells an experienced analyst that you are using Martingale." Who every said that was thumb sucking. You know BigE mentioned 85%, myself at 86%, Dave at 98%, by what 7788 is posting plus 85% and TMS is not martingale at all. "Traders want to be humans" We are born humans and try to be traders.
If anyone says TMS has 85% win rate he is a beginner. If BigE said TMS has 85% win rate he doesn't understand a lot of things about trading.
It is understandable he traded forex for 5 years probably. He has a lot of things to learn about trading he was old and sick too. He couldn't understand the simple fact that RSI doesn't have 85% win rate and TMS doesn't have 85% win rate.
If TMS has 85% win rate many trading firms love to use this system, they don't use this system the do a lot of research to develop a winning edge.

If you claim that your tms has an 86% win rate, please show us with FXBlue trading results.
You can't do it because you are a beginner you think TMS has 86% win rate.
Your DD shows that your not the consistently winning trader that you claim yourself.
You don't understand probability and you don't understand the Risk of ruin.
My advice is Don't become an expert until becoming a consistently profitable trader.


NO professional trader has 48% DD in one weak or one month.
You came here to pollute the environment, To waste other people's time and money.
I know a person who Tested TMS with an Expert advisor he doesn't found TMS 85% win rate.

If you close your profitable trade partially 10 times you may get this kind of win rate, that winrate is not the actual winrate and you will lose money and you will face Big DD like your experience already.
MA provides the market's current direction and strength.
  • #114,544
  • Jan 5, 2021 4:27am Jan 5, 2021 4:27am
Quoting hasib
{quote} If anyone says TMS has 85% win rate he is a beginner. If BigE said TMS has 85% win rate he doesn't understand a lot of things about trading. It is understandable he traded forex for 5 years probably. He has a lot of things to learn about trading he was old and sick too. He couldn't understand the simple fact that RSI doesn't have 85% win rate and TMS doesn't have 85% win rate. If TMS has 85% win rate many trading firms love to use this system, they don't use this system the do a lot of research to develop a winning edge. If you claim that...
Fine, explain my TE 86% win rate.
You know by now that I only trade with TDI setup's.
Those losses on TE is my own stupid mistakes, not BigE's advice how to trade with TDI/Stoch.
  • #114,545
  • Jan 5, 2021 4:28am Jan 5, 2021 4:28am
Quoting Tekkies
{quote} "1:1 & 1:2" Why not Sniper? Compound lot size. Start with 0.01 lot size, trade until margin comfortably allow 0.02 lot size, trade until margin comfortably allow 0.03 lot size, trade until ............... xxxx.xx lot size. The beginning of account grow will be agonizing slow and you will wonder why are you wasting your time with Forex. Later you will pat yourself on the back and scream out "I am a Forex trader." Don't stare yourself blind against "1:1 & 1:2".

Yeah blinding ain't no good, but increasing the odds is just way better of a strategy,and tbh I'm not even interested in currencies anymore.
I just look at Gold, US30 and HK50. So it might be a little different scenario yet, markets go sideway all the time and you should let it do the work for you...let it ping pong and get to your taking profit means. Giving up eaisly is not good
  • #114,546
  • Jan 5, 2021 4:31am Jan 5, 2021 4:31am
Quoting hasib
{quote} If anyone says TMS has 85% win rate he is a beginner. If BigE said TMS has 85% win rate he doesn't understand a lot of things about trading. It is understandable he traded forex for 5 years probably. He has a lot of things to learn about trading he was old and sick too. He couldn't understand the simple fact that RSI doesn't have 85% win rate and TMS doesn't have 85% win rate. If TMS has 85% win rate many trading firms love to use this system, they don't use this system the do a lot of research to develop a winning edge. If you claim that...
I know a person who Tested TMS with an Expert advisor he doesn't found TMS 85% win rate.
That is essentially meaningless diatribe. If you want to try to convince anyone that there is any substance to that claim, then you need to supply a lot more information such as the testing parameters, dataset, etc.

Look how easy it is for me to make a counter claim with absolutely no supporting evidence.
I know a person who Tested TMS with an Expert advisor and he found TMS with an astounding 92% win rate with a mere 13% maximum drawdown.
To free Gazans of Hamas, use whatever it takes.
  • #114,547
  • Jan 5, 2021 4:37am Jan 5, 2021 4:37am
Forget about Candlesticks pattern, forget about supply and demand, forget about Support and resistance, forget about reversal trade, forget about ICT, forget about smart money concept, forget about order block, forget about Wyckoff method, forget EW, Forget about HM Gartley, forget about pivots.

You can't be profitable with those things years and years will go, you will still remain confused. Do practice and Do what makes you profitable.
MA provides the market's current direction and strength.
  • #114,548
  • Jan 5, 2021 4:38am Jan 5, 2021 4:38am
Quoting hasib
{quote} If anyone says TMS has 85% win rate he is a beginner. If BigE said TMS has 85% win rate he doesn't understand a lot of things about trading. It is understandable he traded forex for 5 years probably. He has a lot of things to learn about trading he was old and sick too. He couldn't understand the simple fact that RSI doesn't have 85% win rate and TMS doesn't have 85% win rate. If TMS has 85% win rate many trading firms love to use this system, they don't use this system the do a lot of research to develop a winning edge. If you claim that...
"My advice is Don't become an expert until becoming a consistently profitable trader."
Been reading your posts Hasib since you started to post here, Can I ask you if you are a consistently profitable trader to post advice in this thread?
You say Yes, give a link to your FXBlue account.
You say No, why are you posting advice?
  • #114,549
  • Jan 5, 2021 4:39am Jan 5, 2021 4:39am
Quoting Tekkies
{quote} Fine, explain my TE 86% win rate. You know by now that I only trade with TDI setup's. Those losses on TE is my own stupid mistakes, not BigE's advice how to trade with TDI/Stoch.
Well, maybe it is just PURE, BLIND LUCK?!?!? You know, like the pure luck that I have at market analysis and trading.

Anyway, you haven't made your minimum 1,000 trades with 3 years of trading data to be able to make any kind of claims. Oh, wait. My bad. That is the ToxicFakeTrader that follows that to demonstrate his abysmal BEGINNER'S success of 65% after 10 YEARS of trying to figure out BigE's 5-method.

(Can you imagine just how deep his Financial FailurePit is? You can be sure that hole won't be filled before he is dead and gone.)
To free Gazans of Hamas, use whatever it takes.
  • #114,550
  • Jan 5, 2021 4:41am Jan 5, 2021 4:41am
Quoting Tekkies
{quote} "My advice is Don't become an expert until becoming a consistently profitable trader." Been reading your posts Hasib since you started to post here, Can I ask you if you are a consistenly profitasble trader to post advice in this thread? You say Yes, give a link to your FXBlue account. You say No, why are you posting advice?
Very funny, @Tekkies. @hasib could have posted that exact same comment to you. Just another hypocrite...
  • #114,551
  • Jan 5, 2021 4:41am Jan 5, 2021 4:41am
Quoting robots4me
{quote} "You make an excel spreadsheet and find out what the average range of a bar is, and then go two standard deviations beyond that." Yes!! Similar to using %ADR. But your 2 StdDev is more direct, whereas with %ADR that would differ with each timeframe. Same algebra, but the computations are done in a different order. In fact, if one were fortunate, one might even stumble on an indicator that does that computation for you...
I tell you robots, I would probably have hung around the Factory but for the fact that MetaTrader kept threatening us with migrating to MT5. Worse, they hint that MT4 will not be backwards compatible. How insulting is that? That is one reason why Hanover hung up his coding hat. You spend years learning a language only to find you have to retool ALL of your indicators?

I needed to simplify. I know excel is going nowhere. I probably do %ADR but I go at it the hard way as I have to download and then run analyzer on each TF I want to use. At least I know I will still be able to get the stats I need to place stops outside of the normal market distribution. It also helps that I can clean the data and get rid of excess kurtosis and skew. You are a coder, so I know you know that fat tails are an issue in the markets.

Quoting DrDave
{quote} I know a person who Tested TMS with an Expert advisor he doesn't found TMS 85% win rate. That is essentially meaningless diatribe. If you want to try to convince anyone that there is any substance to that claim, then you need to supply a lot more information such as the testing parameters, dataset, etc. Look how easy it is for me to make a counter claim with absolutely no supporting evidence. I know a person who Tested TMS with an Expert advisor and he found TMS with an astounding 92% win rate with a mere 13% maximum drawdown.
It's an issue with FX generally. They don't know about data sets, sample size, etc. This is why people system hop so much. They did not do the work themselves, so they cannot ride out a drawdown.
If you are good at something, never do it for free--Joker
  • #114,552
  • Jan 5, 2021 4:44am Jan 5, 2021 4:44am
Quoting hasib
Forget about Candlesticks pattern, forget about supply and demand, forget about Support and resistance, forget about reversal trade, forget about ICT, forget about smart money concept, forget about order block, forget about Wyckoff method, forget EW, Forget about HM Gartley, forget about pivots. You can't be profitable with those things years and years will go, you will still remain confused. Do practice and Do what makes you profitable.
You mean like the ToxicFakeTrader? We already see how his confusion resulted in 10 YEARS of trying to figure out BigE's 5-method with the result of clawing his way up from always in the red to an abysmal 65% success rate. He at least figured out that there are some EAs a lot smarter than he his, so with their version of thinking, he finally has some positive results.

OK hasib. I will continue with IMT then.
To free Gazans of Hamas, use whatever it takes.
  • #114,553
  • Jan 5, 2021 4:45am Jan 5, 2021 4:45am
Quoting Tekkies
{quote} Fine, explain my TE 86% win rate. You know by now that I only trade with TDI setup's. Those losses on TE is my own stupid mistakes, not BigE's advice how to trade with TDI/Stoch.
Tekkies, you keep bringing up win rate. What is your Kelly score?

Quoting hasib
Forget about Candlesticks pattern, forget about supply and demand, forget about Support and resistance, forget about reversal trade, forget about ICT, forget about smart money concept, forget about order block, forget about Wyckoff method, forget EW, Forget about HM Gartley, forget about pivots. You can't be profitable with those things years and years will go, you will still remain confused. Do practice and Do what makes you profitable.
Hello hasib, what makes you profitable? No need to discuss position sizing or anything like that. How do you take entries?
If you are good at something, never do it for free--Joker
  • #114,554
  • Jan 5, 2021 4:50am Jan 5, 2021 4:50am
Quoting Tekkies
{quote} "My advice is Don't become an expert until becoming a consistently profitable trader." Been reading your posts Hasib since you started to post here, Can I ask you if you are a consistently profitable trader to post advice in this thread? You say Yes, give a link to your FXBlue account. You say No, why are you posting advice?
Hey man, give the guy a break! Look at the shipload of nonsense posts in this thread by other members, and you will see that ANYONE can toss their advice here. It's up to the reader to decide what to do with it.

You see all of the good advice that has been posted for folks to be VERY WARY of a guy who achieves the BEGINNER'S 65% success rate after 10 YEARS of trying to figure out the 5-method, yet people are blinded by the pretty colors of the EAs he uses and the posting of his charry-picked wins. And don't forget that most folks are in "Mulder mode--I want to believe".
To free Gazans of Hamas, use whatever it takes.
  • #114,555
  • Jan 5, 2021 4:51am Jan 5, 2021 4:51am
Quoting Tekkies
{quote} AB=CD? Something like this: https://www.forex.com/en/education/e.../abcd-pattern/ Would rather stay with TDI + Stoch Much easier. {image}
No Tekkies, those are Harmonic patterns. They do include AB=CD, but to find that ratio you simply need to draw a trendline. Are trendlines too much?
If you are good at something, never do it for free--Joker
  • #114,556
  • Jan 5, 2021 4:54am Jan 5, 2021 4:54am
Quoting jmn5611
{quote} I tell you robots, I would probably have hung around the Factory but for the fact that MetaTrader kept threatening us with migrating to MT5. Worse, they hint that MT4 will not be backwards compatible. How insulting is that? That is one reason why Hanover hung up his coding hat. You spend years learning a language only to find you have to retool ALL of your indicators? I needed to simplify. I know excel is going nowhere. I probably do %ADR but I go at it the hard way as I have to download and then run analyzer on each TF I want to use. At...
Hey @jmn5611 -- your way works -- and it keeps the brain juices flowing. I'm lazy -- once I code it then I forget the details. But one advantage to putting it in code is then I can share it and it saves time for a lot of people.

Interesting what you say about MT4 -- I used to fear the same, but no more. My guess is that MT5 has been a colossal failure for MetaQuotes. Most brokers I've encountered along the way won't touch it with a 10-foot pole -- and that includes OANDA, the largest US broker. There is so much legacy software that relies on MT4 (and MQL4) that it would be the death knell of MetaQuotes to abandon it. And if you haven't noticed, MetaQuotes continues to push updates to MT4. The latest version I have was updated Dec. 11, 2020.

Attached Image (click to enlarge)
Click to Enlarge Name: MetaQuotes-Update.png Size: 125 KB
  • #114,557
  • Jan 5, 2021 4:55am Jan 5, 2021 4:55am
Quoting robots4me
{quote} Very funny, @Tekkies. @hasib could have posted that exact same comment to you. Just another hypocrite...
Now look who is posting.
So far you have showed no chart's with trade's you have placed, claim your EA are trading for you without supporting evidence. You even addmited yourself you are not a trader as such.

What does it make you? Easy to come the conclusion that you are also a "Just another hypocrite" with one big ego.
  • #114,558
  • Jan 5, 2021 5:17am Jan 5, 2021 5:17am
Quoting robots4me
{quote} Hey @jmn5611 -- your way works -- and it keeps the brain juices flowing. I'm lazy -- once I code it then I forget the details. But one advantage to putting it in code is then I can share it and it saves time for a lot of people. Interesting what you say about MT4 -- I used to fear the same, but no more. My guess is that MT5 has been a colossal failure for MetaQuotes. Most brokers I've encountered along the way won't touch it with a 10-foot pole -- and that includes OANDA, the largest US broker. There is so much legacy software that relies...
Heh, I looked at your screenshot and I immediately said Nihilist!

That is good to know as I was petrified that I would find a system that used a specific indicator specific to a flaky platform. All of us in the states have to use Oanda pretty much. I use ThinkorSwim to chart and Oanda to execute. If MT4 is pretty much safe, I may go back. As you may know TDAmeritrade and Schwab merged, so they are officially too big to fail. Thinkscript is not terrible, but I did not have the TDI, so your MACD contribution allows me participate again at FF. I truly appreciate it.
If you are good at something, never do it for free--Joker
  • #114,559
  • Jan 5, 2021 5:17am Jan 5, 2021 5:17am
Quoting jmn5611
{quote} Tekkies, you keep bringing up win rate. What is your Kelly score? {quote} Hello hasib, what makes you profitable? No need to discuss position sizing or anything like that. How do you take entries?
Jmn, you brought up the win rate with ""high win rate tells an experienced analyst that you are using Martingale."
- Gave you three trade's names that you know who does not use Martingale
Hasbi, brought up win rate with "If anyone says TMS has 85% win rate he is a beginner."
- Ask him to explain TE 86% win rate
------
Have ever done a Kelly rating Jmn, would rather go with Sharpe Ratio.
(Which only start to show after 3 months)
  • #114,560
  • Jan 5, 2021 5:19am Jan 5, 2021 5:19am
Quoting Tekkies
{quote} Jmn, you brought up the win rate with ""high win rate tells an experienced analyst that you are using Martingale." - Gave you three trade's names that you know who does not use Martingale Hasbi, brought up win rate with "If anyone says TMS has 85% win rate he is a beginner." - Ask him to explain TE 86% win rate ------ Have ever done a Kelly rating Jmn, would rather go with Sharpe Ratio. (Which only start to show after 3 months)
What is nice about Kelly is that you do not need to wait three months. That makes you vulnerable to the 90/90/90 rule.
If you are good at something, never do it for free--Joker
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