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  • #227,241
  • May 18, 2010 6:55am May 18, 2010 6:55am
Quoting 4xStar
...

If there ever is such a robot developed, you can be dang sure the inventor will keep it to him/her self!!
If you can write you're edge down and convert it in to a formula then that's not strictly true, you can have a 'robot' trade for you and many larger organisations do just that.

I'm slowly working on programming my edge/system/style and whilst not easy it is possible to convert a consistent edge to automated.

But as you say, I'd never make it public and I'd never sell it, why would I unless someone offered me a huge sum of money? Hence it makes me smile at all these systems and robots for sale out there, you just wouldn't sell a profitable system for peanuts, it doesn't make fiscal sense!
"I made all my money by selling too soon"
  • #227,242
  • May 18, 2010 6:55am May 18, 2010 6:55am
Hello Java,

Be Careful of all EAs. Try them on Demo first before putting any trust in them. Then, Trade them Manually, only. I do not trust auto-trading -I suppose, if you leave your computer ON, they could execute trades even when you ar not nearby and that can be a disaster sometimes atleast. Why ? Because, I do not think SL etc is guaranteed in Fast Markets. If it was that easy, no one would sell or give away his EA.....

Quoting javapips
ok, help me to build this program and we will know if MACD give advantages or not...,well, it's better to make some 'action' than discussion (read; talk only),
how about that? want to help me?


if help me GOD will love you;
than you will be profit in trading;
else you may go to Heaven;
return (help me) ;


  • #227,243
  • May 18, 2010 6:56am May 18, 2010 6:56am
Quoting 4xStar
vouch?
(trying to get to 4 so I can give back...)
That's one annoying thing, I'd like to give some back too but the forum doesn't allow it.
"I made all my money by selling too soon"
  • #227,244
  • May 18, 2010 6:59am May 18, 2010 6:59am
I think cable & fibre may have had enough of being bashed down .. today may be the day they fight back .. we shall see

Nice triggers on magix's 1sc.
******************* I'd rather make money than be right.
  • #227,245
  • May 18, 2010 7:00am May 18, 2010 7:00am
Quoting bbmac
I would disagree that macd is useless, even alex elder calls macd divergence the strongest signal in tech analysis...look at the move to current intraday hi today...5min t/f....price making new highs momentum fading till the great reversal set-up on the Uk data...whicxh saw a steep move down....ie momentum could not sustain price above this potential SBR level on the 1hr/4hr/daily t/f's...the previous swing lo now acting as resistance...

Momentum indicators lag but their divergence from price can be a leading indicator if combined with...
there's a much larger bull div on the h4.
good luck.
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Thank You
  • #227,246
  • May 18, 2010 7:00am May 18, 2010 7:00am
Quoting Bleek
That's one annoying thing, I'd like to give some back too but the forum doesn't allow it.
You need 4 to vouch for others .. you're like me, you need two more (and we can't help each other )
******************* I'd rather make money than be right.
  • #227,247
  • May 18, 2010 7:02am May 18, 2010 7:02am
Quoting 4xStar
I think cable & fibre may have had enough of being bashed down .. today may be the day they fight back .. we shall see

Nice triggers on magix's 1sc.

200ema on m15 is holding till now lets see
  • #227,248
  • May 18, 2010 7:03am May 18, 2010 7:03am
I would certainly admit that while it is possible to write down an Auto-trading Robot and I have a suspicion that large Firms like GS and Central Banks, most probably are already using such robots, it would require intensive use of AI. Perhaps the simplest Robot can be built around the idea - so many pips up, Sell, so many pips down, Buy. This seems to be happening even now.........

Quoting Bleek
If you can write you're edge down and convert it in to a formula then that's not strictly true, you can have a 'robot' trade for you and many larger organisations do just that.

I'm slowly working on programming my edge/system/style and whilst not easy it is possible to convert a consistent edge to automated.

But as you say, I'd never make it public and I'd never sell it, why would I unless someone offered me a huge sum of money? Hence it makes me smile at all these systems and robots for sale out there, you just wouldn't sell a profitable system...
  • #227,249
  • May 18, 2010 7:08am May 18, 2010 7:08am
no break no shack

we are in between 2 cam's lets see if the 200 holds in m15
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  • #227,250
  • May 18, 2010 7:09am May 18, 2010 7:09am
Quoting vilas
I would certainly admit that while it is possible to write down an Auto-trading Robot and I have a suspicion that large Firms like GS and Central Banks, most probably are already using such robots, it would require intensive use of AI. Perhaps the simplest Robot can be built around the idea - so many pips up, Sell, so many pips down, Buy. This seems to be happening even now.........

There are lots of HFT's and Quants using automated trading. Look at Citadel, Renaissance, MAN and GLG, each having billions under management. Some say that 60% of the days volume is traded by bots
  • #227,251
  • May 18, 2010 7:15am May 18, 2010 7:15am
Quoting cloggie
There are lots of HFT's and Quants using automated trading. Look at Citadel, Renaissance, MAN and GLG, each having billions under management.


HFT for us little guys isn't possible because we can't intercept an order book like that, we aren't on the front line, I've been privy to a HFT that snips a pip each way in fractions of a second and does it all day long, it's madness but when you look at the raw activity all it's doing is keeping below the volume for filling the needs of the market on both sides. Simple but obviously very clever at the same time.

There are probability systems out there so complex that they'd make your head melt, they take considerable losses day-on-day but they do work long-term.
"I made all my money by selling too soon"
  • #227,252
  • May 18, 2010 7:21am May 18, 2010 7:21am
Quoting cloggie
There are lots of HFT's and Quants using automated trading. Look at Citadel, Renaissance, MAN and GLG, each having billions under management. Some say that 60% of the days volume is traded by bots
who have money to buy an auto system lets stick with what we have

and share it in the room lets every body make money
  • #227,253
  • May 18, 2010 7:37am May 18, 2010 7:37am
Quoting kill56
no break no shack

we are in between 2 cam's lets see if the 200 holds in m15
kill my good friend , last weeks low seems to be a sticking point , been a nice area to short- hit and run style , your favorite lol , we have been putting in higher lows tho so caution advised
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  • #227,254
  • May 18, 2010 7:41am May 18, 2010 7:41am
Quoting digger1
kill my good friend , last weeks low seems to be a sticking point , been a nice area to short- hit and run style , your favorite lol , we have been putting in higher lows tho so caution advised Attachment

10/4 digg risky but sweet no break no shack best of luck bro

lets enjoy the green
  • #227,255
  • May 18, 2010 7:42am May 18, 2010 7:42am
Cable has seen its lows and will go up to 1.60 till the end of this year.
  • #227,256
  • Edited 7:49am May 18, 2010 7:47am | Edited 7:49am
The truth is, this game was devised by Big Brother to ROB the little brother of whatever he managed to make in other occupations. Gadgets such as Computers give the illusion that one can beat it. But only a simple strategy - so much, up, so sell and vice versa - may overcome the odds retails traders like us face...... What should make you feel good is the David and Goliath story - David did "fell" Goliath, didn't he ?
So, Cheers !

[quote=Bleek;3733436]

HFT for us little guys isn't possible because we can't intercept an order book like that, we aren't on the front line, I've been privy to a HFT that snips a pip each way in fractions of a second and does it all day long, it's madness but when you look at the raw activity all it's doing is keeping below the volume for filling the needs of the market on both sides. Simple but obviously very clever at the same time.

There are probability systems out there so complex that they'd make your head melt, they take considerable losses day-on-day but they do work long-term.[/quote]

Quote:
Originally Posted by cloggie http://cdn.forexfactory.com/images/buttons/viewpost.gif
There are lots of HFT's and Quants using automated trading. Look at Citadel, Renaissance, MAN and GLG, each having billions under management
  • #227,257
  • May 18, 2010 7:47am May 18, 2010 7:47am
Quoting Xaron
Cable has seen its lows and will go up to 1.60 till the end of this year.
May be , its an old story tho , heard it at 1.58 then at 1.55 then 149 and 1.46 and 1.45 , should be getting close to someone getting it right
  • #227,258
  • May 18, 2010 7:50am May 18, 2010 7:50am
Quoting kill56
who have money to buy an auto system lets stick with what we have

and share it in the room lets every body make money
AMEN !
  • #227,259
  • May 18, 2010 7:52am May 18, 2010 7:52am
Quoting Xaron
Cable has seen its lows and will go up to 1.60 till the end of this year.

what about this month do u think we will see 13000's then bounce from there or we are going to 160's from here
  • #227,260
  • May 18, 2010 7:52am May 18, 2010 7:52am
Quoting vilas
The truth is, this game was devised by Big Brother to ROB the little brother of whatever he managed to make in other occupations. Gadgets such as Computers give the illusion that one can beat it. But only a simple strategy - so much, up, so sell and vice versa - may overcome the odds retails traders like us face...... What should make you feel good is the David and Goliath story - David did "fell" Goliath, didn't he ?
So, Cheers !

[quote=Bleek;3733436]

[color=blue]HFT...
Quote:
Originally Posted by cloggie http://cdn.forexfactory.com/images/buttons/viewpost.gif
There are lots of HFT's and Quants using automated trading. Look at Citadel, Renaissance, MAN and GLG, each having billions under management[/quote]
Ah man , keep swinging away rome wasent built in a day and you dont need that stuff to take a little profit , patience and few simple things will do the trick
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