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Is forex education misleading or everyone is stupid?

  • #1,241
  • Apr 10, 2022 4:55am Apr 10, 2022 4:55am
Quoting captalTrader
{quote} Ok I looked into this and it looks simple. What exactly is supposedly not automatable? I will not do the whole strategy, that would be work On forex, we don't have volumes. Meaning as mentioned there, it's for stocks?
In MT4 we have "tick volume" -- it's a pseduo-volume. Consider "tick volume" good enough for the purpose of implementing Lazer83's strategy.
  • #1,242
  • Apr 10, 2022 4:58am Apr 10, 2022 4:58am
Quoting robots4me
{quote} The lowest is where a frequent poster in the TMS thread thought the Y-axis on an MT4 chart was in $ (instead of being a ratio). And the highest was the recent post in my Focal Points thread where I pointed out that backshifting wasn't necessary. @captalTrader -- you happy now?
OH SO YOU'RE THE KING OF THE JUGGLE AROUND HERE???????

It explain a lot. Here I thought it was RickM all along.

OK I agree I really dropped the ball way too low!

What must happen now? should I delete this thread and disappear? how one go about deleting a thread anyway?
  • #1,243
  • Apr 10, 2022 5:04am Apr 10, 2022 5:04am
Quoting robots4me
{quote} In MT4 we have "tick volume" -- it's a pseduo-volume. Consider "tick volume" good enough for the purpose of implementing Lazer83's strategy.
That's not a same thing master I think your're making a huge mistake. Please reconsider it.

Mql5 implemented a real volume not long ago, the REAL VOLUME which is calculated only on the current broker. Stupid, yes, but better than nothing.

Then there's tick volume, which is just nonsense that cannot be used too since, there are machine limitations, a lot of ticks are missed. So ticks volume measure is not accurate and I personally believe they're useless
  • #1,244
  • Apr 10, 2022 5:05am Apr 10, 2022 5:05am
Quoting captalTrader
{quote} OH SO YOU'RE THE KING OF THE JUGGLE AROUND HERE??????? It explain a lot. Here I thought it was RickM all along. OK I agree I really dropped the ball way too low! What must happen now? should I delete this thread and disappear? how one go about deleting a thread anyway?
Please do NOT delete it. We need this thread as a reference -- a low watermark example -- of misleading and stupid trading advice...

BTW -- you're not trying to get out of creating that EA that you promised, are you?
  • #1,245
  • Apr 10, 2022 5:08am Apr 10, 2022 5:08am
Quoting captalTrader
{quote} That's not a same thing master I think your're making a huge mistake. Please reconsider it. Mql5 implemented a real volume not long ago, the REAL VOLUME which is calculated only on the current broker. Stupid, yes, but better than nothing. Then there's tick volume, which is just nonsense that cannot be used too since, there are machine limitations, a lot of ticks are missed. So ticks volume measure is not accurate and I personally believe they're useless
Okay -- whatever. It sounded like you were stumped by @lazer83's suggestion so I offered a possible work-around. Please proceed with my example...


Quoting captalTrader
{quote}So ticks volume measure is not accurate and I personally believe they're useless
But wait -- just a few moments ago you were worshipping MetaQuotes. But now you're saying they include useless features? @captalTrader -- you're so full of contradictions. No doubt we are all guilty of that from time-to-time. We'll say or do something that contradicts something we said months or years earlier. But here, within successive posts or even the same one, you'll make contradicting statements. I admit I don't recall encountering anyone so oblivious to their contradictions -- especially when they are taking it upon themselves to lecture others on a topic they are unfamiliar with.
  • #1,246
  • Apr 10, 2022 5:11am Apr 10, 2022 5:11am
Quoting robots4me
{quote} We're talking about MT4, right? What choice do you have for data? Let me think a moment -- wait, it is coming to me -- hey, how about price. As far as I know, all we have is tick data. I don't know -- maybe you're aware of other data that those brilliant Russians stream to our terminals. So, genius, we're talking about price (not hydrogen). Okay -- I'll make it even simpler for a 5-year old: 1. chart a moving average. 2. when the moving average is N pips above the close of Bar[1] then open a BUY trade. 3. when the moving average is N pips...
WTF and this is all????????????????????????????????


But you just coded it yourself?

if (MA[1] - Bar[1] >= N) Buy

WTF I'm sure I'm missing something, it must be tougher than this. What exactly I'm missing?
  • #1,247
  • Apr 10, 2022 5:18am Apr 10, 2022 5:18am
Quoting captalTrader
{quote} WTF and this is all???????????????????????????????? But you just coded it yourself? if (MA[1] - Bar[1] >= N) Buy WTF I'm sure I'm missing something, it must be tougher than this. What exactly I'm missing?
Don't try to sneak out of it. You asked that I explain it for a 7-year old. I did better than that -- I explained it for a 5-year old. Now, code it like you promised. And include the part that only trades when it is "dark".

After you code it then we'll get to your statement that any strategy can be autotraded and experience doesn't matter.
  • #1,248
  • Apr 10, 2022 5:19am Apr 10, 2022 5:19am
Quoting Lazar83
Ok here is a challenge for you, try to automate Market profile strategy. Problem with any coder was a definition of a trend, so all MP strategies are notorious for coding. {file}
I want to be articulate and clear on what is it that I'm exactly asking.

The following are the main variables on that document:
POC (point of control) – máximum profile value
VAL (volumen area low) - at least 70% of the value area
VAH (volumen area hi) - maximum 70% of the value area
НVL (hi volumen level) – máximum volumen level

what is "profile value"?
  • #1,249
  • Apr 10, 2022 5:30am Apr 10, 2022 5:30am
Quoting robots4me
{quote} Don't try to sneak out of it. You asked that I explain it for a 7-year old. I did better than that -- I explained it for a 5-year old. Now, code it like you promised. And include the part that only trades when it is "dark". After you code it then we'll get to your statement that any strategy can be autotraded and experience doesn't matter.
I did code it sir. What is missing there?

and what is this dark you keep mentioning ?
  • #1,250
  • Apr 10, 2022 5:35am Apr 10, 2022 5:35am
Quoting captalTrader
{quote} I did code it sir. What is missing there? and what is this dark you keep mentioning ?
No -- you didn't code it. You simply rearranged my pseudo-code. That is not MQL code.

I was requesting that you code it as one of your night strategies.
https://www.forexfactory.com/thread/...2#post13963572
  • #1,251
  • Apr 10, 2022 5:37am Apr 10, 2022 5:37am
Quoting captalTrader
{quote} I did code it sir. What is missing there? and what is this dark you keep mentioning ?

Okay -- let's pretend that you coded it, though you didn't.

Let's begin by attaching it to a chart and running it. What's the first thing that happens?
  • #1,252
  • Apr 10, 2022 5:40am Apr 10, 2022 5:40am
Quoting robots4me
{quote} No -- you didn't code it. You simply rearranged my pseudo-code. That is not MQL code. I was requesting that you code it as one of your night strategies. https://www.forexfactory.com/thread/...2#post13963572
Man what is wrong with you?

There is only one night strategy I'm pretty sure its not mine. There was people trading it way before 2015.

So much hate! I guess it would make it even worse if I tell you that I'm a African Zulu man?

You just decided to come here to hate! why why?
  • #1,253
  • Apr 10, 2022 5:46am Apr 10, 2022 5:46am
Quoting robots4me
{quote} Okay -- let's pretend that you coded it, though you didn't. Let's begin by attaching it to a chart and running it. What's the first thing that happens?
It will depend on the period of the MA

if period is shorter, price will keep moving > < MA, a lot of buy and sell trades.

if period is longer however, price might never be >< MA, no trades at all.
  • #1,254
  • Apr 10, 2022 5:52am Apr 10, 2022 5:52am
Seriously Guys, other than this guy, who I'm now convinced he's just a kid, I shouldn't be entertaining anyway. There's is no "Un automatable" thing anyone has ever heard?
  • #1,255
  • Apr 10, 2022 6:03am Apr 10, 2022 6:03am
Quoting captalTrader
{quote} Man what is wrong with you? There is only one night strategy I'm pretty sure its not mine. There was people trading it way before 2015. So much hate! I guess it would make it even worse if I tell you that I'm a African Zulu man? You just decided to come here to hate! why why?
What -- now I'm a racist? Until you just now mentioned it, for all I knew you were from Mars. You peddle BS and when called-out you wave the race card? I feel like an idiot sharing this but can't help it -- my wife is African-American and my kids are biracial. So, racist probably doesn't fit. Maybe you could try calling me a fascist?

@captalTrader -- you insist that others provide evidence. You ask others to pull their pants down and bend over. Yet when you are challenged now we get that it's hateful. You started this thread to point out that forex education is misleading or everyone is stupid. And in the end you've proven to be the perfect example that both are true. And that, sir, is called irony...
  • #1,256
  • Apr 10, 2022 6:07am Apr 10, 2022 6:07am
Quoting captalTrader
{quote} It will depend on the period of the MA if period is shorter, price will keep moving > < MA, a lot of buy and sell trades. if period is longer however, price might never be >< MA, no trades at all.
You're getting warmer. So -- what period should we use. Enter a value as as input setting. And what threshold value should we use. Enter a value as an input setting.

Now, tell me, what values did you choose? Be specific -- no hand-waving. This is algebra and algebra requires real numbers.
  • #1,257
  • Apr 10, 2022 6:20am Apr 10, 2022 6:20am
Crap! He's not a kid! Oops
  • #1,258
  • Apr 10, 2022 6:28am Apr 10, 2022 6:28am
Quoting robots4me
{quote} You're getting warmer. So -- what period should we use. Enter a value as as input setting. And what threshold value should we use. Enter a value as an input setting. Now, tell me, what values did you choose? Be specific -- no hand-waving. This is algebra and algebra requires real numbers.
Let's cut to the chase -- this EA that you just coded for me is useless -- it can't be traded, let alone autotraded. It can't be traded because we don't know what values to use for 'period' and 'threshold'. In it's current state your EA is just an algebraic formula and is not a trading strategy. Furthermore, the 'period' and 'threshold' will likely differ by pair, time frame and market conditions. And on top of that, we don't even know how to define or quantify 'market conditions'. And we haven't even touched on the part of only trading at night -- whatever that means. So, no, not every strategy can be autotraded.

Just like a robot will never replace the hands of a skilled brain surgeon (at least, not in our lifetimes), an EA will never replace the performance of an experienced and skilled discretionary trader.
  • #1,259
  • Apr 10, 2022 6:48am Apr 10, 2022 6:48am
Quoting captalTrader
Crap! He's not a kid! Oops
I'm going to back away now. And for the record -- I know that you are a good guy. I strongly disagree with how you manipulated this thead -- bit it's your thread to manage as you wish. Hopefully one day you'll discover a dose of humility. There are deceitful and sociopathic personalities roaming the FF forums, but you are not one of them.
  • #1,260
  • Apr 10, 2022 7:11am Apr 10, 2022 7:11am
Let me clarify this quick.

I didn't say I'll code EA's in 3 hours, I'm not an alien or movie hacker

A program is made up of number of Functions, number of functions depends on how complex the whole program is.

A EA or Indicator is a complete program and its made up of different functions. for example, within an EA, there's is a function to open trades, there's one to close them, there's a signals function and main calculations functions. all these function are just variables to a bigger equation which is the whole program.

A program is just an Equation, mathematical equation.

So now someone saying, this and that can not be automated, I expect him/her to tell me exactly which part of the whole equation.
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