Comprehensive Technical Analysis expert Mahal

A4 completed 80%
last week candles:

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Dear Al-Otaibi,
Do we need to download data from all timeframes or only data from the highest timeframe (MN-Monthly) is enough?

month is enough

No working on currencies Index (closed-system on famous 8 currencies)
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any idea for MarketProfile? "PriceProfile"
my concept is to measure specific price, how many times has been crossed on frame M1 through the whole day from 00:00 to 24:00??


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I think what simnz described in post 149/150 in this thread with related indicator is a good start.https://www.forexfactory.com/thread/...6#post13912146

you mean good waste of time.
i do not even read it.
to test and analyze you must first do in 1 minute what others do in 2 years.
that can not be achieved without help of programming.
otherwise your test/analysis is nothing at all, even if you think it is valuable.

The indicator analyses price movements in 1 minute for 1440 minutes.
Being an Excel expert, I was hoping from you to add a few columns to help filter the frequency of pullbacks, continuation, the re-visits to the price level based on very narrow ranges grid sizes threshold and in certain times so that the least amount of margin can be used to maximise returns.

I have no commercial agenda, so all the indicators/EAs I upload are with full source mql because it benefits mainly the coding learners. My non-profit organisation hires at least 10-year-experienced coders to do the job of suitable EAs for retirees and pay them money. I want the learners to get the benefit of the way experienced coders code. Mql will not help traders but will help the coding beginners.

My belief system is different and I can not say that others should also follow that. However, no harm in giving a reality check.

If you are on FF, you think you can build an audience to sell your services. Thousands of free indicators and EAs are available for free. Hundreds of programmers launched their online ventures in the past but ventures did not work. Signals, copy trades, nothing works because of the nature of the financial trading.

It MAJORLY needs brain management and sufficient risk money. Without understanding this basic thing, delusional programmers will keep trying their luck. No harm in playing any kind of video games.

Fortunately, a few freelance sites like mql5 provide some opportunity to make $30 to $40 if they are given the idea by any experienced trader with rules and logic. It attracts programmers who are really looking for holy grail and not money for their time.

Surprisingly, I can't find even ONE programmer at any of freelance sites, who knows trading and has Excel proficiency.. Because it is easier for them to use technical indicators libraries. And not use their own brains to figure out what to filter, which kind of thresholds to apply, to arrive at frequencies figures. Secretly, they themselves are hoping that they will find holy grail EAS. Some of them have lost heavily by their misplaced beliefs that EAs can generate money without having any trading experience.

It is like you want to get a sports medal without really having given any time for exercises.

BlueRain is a programmer with exception ability - a rate kind of programmer - who was active on FF like a breeze for hardly 12 months. He is not active anymore and will not touch even the indictor and the spreadsheet on which he spent at least 100 hours coding it for the elderly traders at my request, without accepting payment.

1440 minutes analysis is done mainly - though you can use it maximum up to 4 hours for index selected by you. I only use 1440 minutes for planning entry size, using hot hours, and for immediate forward testing (or actual trading) estimate pullbacks, continuation, ideal trading size which not only covers trading costs, but which can generate around 2 % of contract size gains (leverage returns will be exponential) by trading 1 minutes bars for non-neutral grid trading.
I don't need signals because I use my experience to detect Sideways or compressed range environments.

It's a challenge for your coding abilities. Can you do it?

So far I have not come across a single indicator that can be a sort of leading indicator (not a lagging one) for Sideways movements.

If you can create a dynamic Sideways indicator to identify the entry points for pullbacks, range trading, compressed range trading, then you can have a profitable EA that generates signals based on Sideways. Breakouts have good indicators. But I have not found any for Sideways forecast or assumption.

It will be a challenge for your coding ability to code a Sideways indicator that prints highlighter or forms a dynamic box based on previous candle movements measured by thresholds defined by the trader (not just imagination) but from studying probability statistics generated by the frequency of steady price moves in 1-minute moves made by looking at the probability spreadsheet that I have attached and which works for 1 minutes movement of NOW using Index 0 and not looking back using index 1, 2, 3,4 etc.

Dear Al-Otaibi,
According to this post, Y1: year candle (last 316 days)
but as you can see the image below, it is the last 262 candles of D1 (from 2021.05.18 00:00), NOT the last 316 candles

80% completed
262 based on 5 days.
it must include 6 days brokers.
or to be detected automatically

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the toughest thing i did in my programming live

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Corrected/

Y1 9

Attachment 49

Thank you very much, Al-Otaibi.