{quote}...Be careful! Fibo zones expand if price extremes are updated. The reversal orders will be premature and EA will average them. The same disease as Quantum....
Wherever you go, there you are (Jon Kabat-Zinn)
- #4,361
- Jul 30, 2021 3:08am Jul 30, 2021 3:08am
- #4,363
- Edited 3:02am Aug 4, 2021 2:47am | Edited 3:02am
Hi All!
Statistics as a rationale for session trading.
Average volatility of trading sessions by hours on a weekly interval (weekly average - red line).
Pound
Gold
And where are the best chances for success?
Statistics as a rationale for session trading.
Average volatility of trading sessions by hours on a weekly interval (weekly average - red line).
Pound
Gold
Wherever you go, there you are (Jon Kabat-Zinn)
Hi All! Statistics as a rationale for session trading. Average volatility of trading sessions by hours on a weekly interval (weekly average - red line). Pound {image} Gold {image}And where are the best chances for success?
nice observation btw :-)
- #4,366
- Edited 6:15pm Sep 2, 2021 5:57pm | Edited 6:15pm
Hi, All!
It is interesting to connect on the chart: Quantum and Arthur Merrill figures (on a regular or percentage zigzag)
Experiment, you might like it: Merrill patterns - MQL5 Articles
It is interesting to connect on the chart: Quantum and Arthur Merrill figures (on a regular or percentage zigzag)
Experiment, you might like it: Merrill patterns - MQL5 Articles
Wherever you go, there you are (Jon Kabat-Zinn)
- #4,367
- Edited 7:04am Oct 2, 2021 6:51am | Edited 7:04am
Hi!
GBPJPY H1 settings from trader Vladislavian for the "XOs ATR AA8 MTF TT.ex4" indicator (from Tankk).
Quantum signals XOs does not confirm an erroneous reversal.
GBPJPY H1 settings from trader Vladislavian for the "XOs ATR AA8 MTF TT.ex4" indicator (from Tankk).
Quantum signals XOs does not confirm an erroneous reversal.
Wherever you go, there you are (Jon Kabat-Zinn)
- #4,368
- Edited 8:38am Oct 13, 2021 8:20am | Edited 8:38am
Hi, All!
The main advantage of the Quantum indicator is simplicity, the main disadvantage is also simplicity.
The emergence of an extremum over a long time interval does not guarantee protection against a recoilless trend.
Therefore, we are looking for filters for Quantum signals.
One development from Tankk attracted my attention: Vertex and Vertex CCI without redrawing.
I bring to your attention these indicators.
PS
In the annotation to the indicator, Tank wrote "An idiot's dream - Vertex without redrawing", read "An idiot's dream: Vertex without redrawing".
The main advantage of the Quantum indicator is simplicity, the main disadvantage is also simplicity.
The emergence of an extremum over a long time interval does not guarantee protection against a recoilless trend.
Therefore, we are looking for filters for Quantum signals.
One development from Tankk attracted my attention: Vertex and Vertex CCI without redrawing.
I bring to your attention these indicators.
PS
In the annotation to the indicator, Tank wrote "An idiot's dream - Vertex without redrawing", read "An idiot's dream: Vertex without redrawing".
Wherever you go, there you are (Jon Kabat-Zinn)
- #4,369
- Edited 4:27pm Nov 2, 2021 4:16pm | Edited 4:27pm
Hello colleagues!
Interesting little thing from AlexeNP.
The essence of the indicator from the author:
As regrettable as it is, but with angular values there is a complete blockage and ambiguity. Namely - even calculating the average angle can be a serious problem. For example, we will build a trend line in N counts. For what we will determine the average angle for all pairs of points, at the same time we will calculate the average deviation. The folded normal distribution will help us with this. And to work with angular values, we need sine, cosine, an inquisitive mind and playful pens.
In this case, I take a strictly specified value of the starting point and, starting from it, I find the average angle for all pairs of points that are between the beginning and the end. The result is something like this beauty.
What I added to the construction from the Alex indicator: if a trend starts from a given local extremum, then you can try to apply the resulting vector to the rest of the trend extremes. It turned out like this. Reminds Pitchfork of Andrews ... but the construction is different.
Speed and inertia. If the initial acceleration was given to the price, and then this acceleration was supported by adding new volumes, then the price will move in the calculated corridor.
------------------------------------------------
The calculation algorithm is described here:
BUDGET TREND DETERMINING WITH THE HELP OF ANGULAR OPERATIONS
Bobrik, Galina I. PhD, Assistant Professor of the Department for Higher Mathematics of the PRUE. Address: Plekhanov Russian University of Economics, 36 Stremyanny Lane, Moscow, 117997, Russian Federation.
Bobrik, Petr P. PhD, Senior Research Associate of the Institute of Problems of Transport of N. S. Solomenko of the Russian Academy of Sciences.
Interesting little thing from AlexeNP.
The essence of the indicator from the author:
As regrettable as it is, but with angular values there is a complete blockage and ambiguity. Namely - even calculating the average angle can be a serious problem. For example, we will build a trend line in N counts. For what we will determine the average angle for all pairs of points, at the same time we will calculate the average deviation. The folded normal distribution will help us with this. And to work with angular values, we need sine, cosine, an inquisitive mind and playful pens.
In this case, I take a strictly specified value of the starting point and, starting from it, I find the average angle for all pairs of points that are between the beginning and the end. The result is something like this beauty.
Speed and inertia. If the initial acceleration was given to the price, and then this acceleration was supported by adding new volumes, then the price will move in the calculated corridor.
------------------------------------------------
The calculation algorithm is described here:
BUDGET TREND DETERMINING WITH THE HELP OF ANGULAR OPERATIONS
Bobrik, Galina I. PhD, Assistant Professor of the Department for Higher Mathematics of the PRUE. Address: Plekhanov Russian University of Economics, 36 Stremyanny Lane, Moscow, 117997, Russian Federation.
Bobrik, Petr P. PhD, Senior Research Associate of the Institute of Problems of Transport of N. S. Solomenko of the Russian Academy of Sciences.
Wherever you go, there you are (Jon Kabat-Zinn)
- #4,370
- Edited 4:55pm Nov 2, 2021 4:35pm | Edited 4:55pm
Another screen. I posted my own version of this system here in 2018. Trade on TF m1.
And, as usual, you can add Quantum with a period of 710 (m1) to fix significant price extremes.
The lower footer gives a point on the chart + the moving average changes color - there is a condition for a trade.
The arrows allow you to top up according to the trend, but without greed and fanaticism.
I was glad to see all of you
Good luck, Colleagues!
And, as usual, you can add Quantum with a period of 710 (m1) to fix significant price extremes.
The lower footer gives a point on the chart + the moving average changes color - there is a condition for a trade.
The arrows allow you to top up according to the trend, but without greed and fanaticism.
I was glad to see all of you
Good luck, Colleagues!
Wherever you go, there you are (Jon Kabat-Zinn)
- #4,371
- Edited 9:16am Dec 22, 2021 4:18am | Edited 9:16am
Let's share the Christmas grail
My message on the Russian forum, if anyone wants to make their own translation. https://forexsystemsru.com/threads/d...1/post-1734908
The post focuses on two indicators:
"Tundra Best Line Break_Alert_Arrows.mq4" and
"ema variation + filter 3 mtf.mq4"
I looked at the indicator Tundra line on a smaller scale - the Tundra keeps the price center well, which means you can repeat the TMA effect with it and
make a completely working channel.
On trial:
1.we throw on the Tundra a smoothing MA with a period of 120, exponential
2. for this smoothing MA - Envelopes with a period of 1, I took a deviation of 1.24 on the EURCAD screen for it And this is the picture.
If all this is programmed, then the channel can be taken not symmetric (like in Envelopes), but asymmetric, so that the non-trend border of the channel
approaches the price more quickly.
Then additional touches will appear - i.e. entries with a trend. I think that in the center of the screen, two lows could give a touch of the lower border and
two decent entries.
Shl. I posted a similar typewriter here: https://forexsystemsru.com/threads/j...2/post-1734441
With her, you get the following channel:
If,for comparison, this MA (ema variation) is added to the Tundra, but the period for the smoothing MA is taken not 120, but 89 (blue dotted line)
with a deviation of Envelopes = 1.118, we will get such a double channel.
By the way, judging by the picture, ECAD could have been sold earlier 500 points newer than the tundra crossed.
And, following this topic, we add the Quantum indicator to the channel and get good filtering of early signals.
PS.
Has anyone opened a Christmas tree order?
My message on the Russian forum, if anyone wants to make their own translation. https://forexsystemsru.com/threads/d...1/post-1734908
The post focuses on two indicators:
"Tundra Best Line Break_Alert_Arrows.mq4" and
"ema variation + filter 3 mtf.mq4"
I looked at the indicator Tundra line on a smaller scale - the Tundra keeps the price center well, which means you can repeat the TMA effect with it and
make a completely working channel.
On trial:
1.we throw on the Tundra a smoothing MA with a period of 120, exponential
2. for this smoothing MA - Envelopes with a period of 1, I took a deviation of 1.24 on the EURCAD screen for it And this is the picture.
If all this is programmed, then the channel can be taken not symmetric (like in Envelopes), but asymmetric, so that the non-trend border of the channel
approaches the price more quickly.
Then additional touches will appear - i.e. entries with a trend. I think that in the center of the screen, two lows could give a touch of the lower border and
two decent entries.
Shl. I posted a similar typewriter here: https://forexsystemsru.com/threads/j...2/post-1734441
With her, you get the following channel:
If,for comparison, this MA (ema variation) is added to the Tundra, but the period for the smoothing MA is taken not 120, but 89 (blue dotted line)
with a deviation of Envelopes = 1.118, we will get such a double channel.
By the way, judging by the picture, ECAD could have been sold earlier
500 points newer than the tundra crossed. And, following this topic, we add the Quantum indicator to the channel and get good filtering of early signals.
PS.
Has anyone opened a Christmas tree order?
Wherever you go, there you are (Jon Kabat-Zinn)
- #4,372
- Edited 10:56pm Jan 8, 2022 8:23pm | Edited 10:56pm
- Joined Dec 2011 | Status: Trader | 1,798 Posts
Let's share the Christmas grail
Happy new year.
Nice of you to share the indicators.
Why did you suggest using envelopes and not TMA or keltner bands?
cheers
Have a nice day
{quote} Hello Genry Happy new year. Nice of you to share the indicators. Why did you suggest using envelopes and not TMA or keltner bands? cheers
I wanted to repeat the TMA channel, but without redrawing. The envelopes fit well on this EMA.
See how well the channel keeps the price ... and without redrawing like TMA.
Wherever you go, there you are (Jon Kabat-Zinn)
- #4,374
- Jan 9, 2022 5:44pm Jan 9, 2022 5:44pm
- Joined Dec 2011 | Status: Trader | 1,798 Posts
Have a nice day
- #4,375
- Edited 6:13am Jan 10, 2022 5:45am | Edited 6:13am
{quote} Hi Genry So if I understand you correctly, you are using this technique to find entry points for additional trades? And if you place 3 or 4 additional trades , how do you manage the risk of price moving against all of your positions? Thank you
Indicators provide data that confirms or disproves a forecast. The refutation of the forecast should also fit into the system that the trader has created for himself.
For example, I'll take my screen.
1. To build a forecast, I am looking for a significant extremum. On the screen, this is the blue Quantum square.
2. I find swings from the extreme. As a rule, the first swing is from the current TF or low, and the subsequent ones - from the high TF.
3. I use these swings to draw Fibo.
Fibo line clusters - my forecast for the price movement (the basic extremum has not been canceled yet).
In the process of price movement towards the predicted target, it is influenced by waves of lower time frames, which work out their patterns.
These movements can be used for additional orders.
But, the goal of the current TF cannot contradict the movement of the higher TF.
I will not repeat the description of Fib levels, since the screenshot shows how the price reacts to contact with these levels.
What is also characteristic: the Fib markup from the first swing most accurately determines the targets (unfortunately, this grid cannot be large
).
Wherever you go, there you are (Jon Kabat-Zinn)
- #4,376
- Jan 10, 2022 3:52pm Jan 10, 2022 3:52pm
- Joined Dec 2011 | Status: Trader | 1,798 Posts
{quote} Bill, the trader must himself understand and predict the price movement.
Thank you for your very detailed reply.
So you are certain that price will eventually turn in your direction and you don't you a stop loss?
It is possible that you've never had the experience of price keep going up and up away from your sell trades but what if it happens?
Do you have a plan for that situation?
For example, when I was trading 1H and 4H fibs I would wait for price to get to another 4H fib level before I added more trades.
I'm just curious as to how you get out of losing trades. (If you have any losing trades
)Cheers
Have a nice day
- #4,377
- Edited 5:56am Jan 11, 2022 5:43am | Edited 5:56am
{quote} Hi Genry Thank you for your very detailed reply. So you are certain that price will eventually turn in your direction and you don't you a stop loss? It is possible that you've never had the experience of price keep going up and up away from your sell trades but what if it happens? Do you have a plan for that situation? For example, when I was trading 1H and 4H fibs I would wait for price to get to another 4H fib level before I added more trades. I'm just curious as to how you get out of losing trades. (If you have any losing trades
Yes, there are negative deals. I checked the indicator on this account. He traded with his hands, but then decided to make EA, which mistakenly
opened a deal with a large lot. I had to close it with a loss of $ 3K.
What is the advantage of a fibo grid? She's taking a big step. If you open orders 162% 262% 362%, etc.. and rebound from the channel boundary, you
can calculate a relatively safe MM to enter the market. And trend corrections will allow you to add more orders. On the M1 screen, you can see that my
first order was a pullback from the MA line, but the price broke through the MA and went lower. The second order corrected the situation.
Wherever you go, there you are (Jon Kabat-Zinn)
- #4,378
- Jan 11, 2022 7:02am Jan 11, 2022 7:02am
- Joined Dec 2011 | Status: Trader | 1,798 Posts
{quote} HI Bill! What is the advantage of a fibo grid? She's taking a big step. If you open orders 162% 262% 362%, etc.. and rebound from the channel boundary, you can calculate a relatively safe MM to enter the market. And trend corrections will allow you to add more orders. On the M1 screen, you can see that my first order was a pullback from the MA line, but the price broke through the MA and went lower. The second order corrected the situation.
You are a good analyst, I agree, spacing the trades out like that should get us out of trouble.
Of course it is important not to overtrade in the first instance (not to place many trades close to each other),
otherwise it might be hard for the fib grid to save us.
Thanks for sharing your trade recovery method, hopefully it will help someone.
cheers
Have a nice day
