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Predict Forex More Accurately Than A Sniper

  • #121
  • Jul 15, 2014 4:25pm Jul 15, 2014 4:25pm
Update : 16 July 2014

I'm gonna add in a "+respect" button as a form of "saluting" to other users which you respect for whichever means, whether it be them helping you or them giving good advice. It'll be restricted to 2 times a day which you can +respect a person.
  • #122
  • Jul 15, 2014 5:38pm Jul 15, 2014 5:38pm
I was having this idea about which trading time frame should be used here. would it not be better if you restricted us to say two trading time frames? It could be M15 and H1. the time frames should be such that traders have enough time to sport the set up and report on it. Any thing below M15 would be inappropriate. Just an idea.

Thanks
  • #123
  • Jul 16, 2014 12:41am Jul 16, 2014 12:41am
Quoting johNal
I was having this idea about which trading time frame should be used here. would it not be better if you restricted us to say two trading time frames? It could be M15 and H1. the time frames should be such that traders have enough time to sport the set up and report on it. Any thing below M15 would be inappropriate. Just an idea. Thanks
Hi johNal, thanks for the suggestion! I actually agree that we should limit the number of time frames to vote on. That way we can focus our attention much better on the time frames that matter. I'm just wondering, I know few people use M1 time frames, and even fewer use M30 time frames, but do you think M5 time frames are actually used? I always thought they were used for entry points. Also, people might use H4 and D1 time frames when they are swing trading. What do you think?

Thanks for the feedback btw! Really got me thinking

Cheers,
Desmond
  • #124
  • Jul 16, 2014 2:35am Jul 16, 2014 2:35am
For me i find the M5 time frame good when there is a trend caused say by a news release. It gives me an early re-entry into a trade after a retracement. Otherwise M15 to me is more reliable. A M5 candle can change in the last 30 seconds from a possible trade signal to a no signal.
With many eyes scanning the charts, I would think H1 and H4 time frames would give us more reliable signal albeit few.
  • #125
  • Jul 16, 2014 3:25am Jul 16, 2014 3:25am
Quoting johNal
For me i find the M5 time frame good when there is a trend caused say by a news release. It gives me an early re-entry into a trade after a retracement. Otherwise M15 to me is more reliable. A M5 candle can change in the last 30 seconds from a possible trade signal to a no signal. With many eyes scanning the charts, I would think H1 and H4 time frames would give us more reliable signal albeit few.
Good points. What I believe is that there will hardly be a perfect time frame since most people trade different time frames. What we can do is monitor how the army behaves once we officially roll out our launch, and once we figure out the top time frames traded, we can close the other time frames. For now, we can't make a quick judgement and cut out scalpers who trade frequently on 1 min or 5 min time frames right?
  • #126
  • Jul 16, 2014 3:58am Jul 16, 2014 3:58am
Quoting dezzy
{quote} Good points. What I believe is that there will hardly be a perfect time frame since most people trade different time frames. What we can do is monitor how the army behaves once we officially roll out our launch, and once we figure out the top time frames traded, we can close the other time frames. For now, we can't make a quick judgement and cut out scalpers who trade frequently on 1 min or 5 min time frames right?
I see your point and agree with you.
  • #127
  • Jul 23, 2014 9:24pm Jul 23, 2014 9:24pm
Quick update guys! Sorry for the seeming "lack of activity". After much of your really helpful feedback, I've been doing 3 things :

1) Revamping and optimizing the database so the chart loads faster for everyone and the site works fast whether you're from U.S., Australia, Singapore or Ukraine.
2) Fixing a "Leaderboard" into the website so we can keep track of who are the fastest rising traders.
3) Upgrading the profile page to show trading stats and to look cooler

Once this is done, we're out of beta phase and we'll be launching for real.

Sorry for the slow progress! I'm doing everything I can to accelerate things!
  • #128
  • Jul 24, 2014 4:01am Jul 24, 2014 4:01am
[quote=dezzy;7627111]Quick update guys! Sorry for the seeming "lack of activity". After much of your really helpful feedback, I've been doing 3 things : 1) Revamping and optimizing the database so the chart loads faster for everyone and the site works fast whether you're from U.S., Australia, Singapore or Ukraine. 2) Fixing a "Leaderboard" into the website so we can keep track of who are the fastest rising traders. 3) Upgrading the profile page to show trading stats and to look cooler
  • #129
  • Jul 25, 2014 5:29am Jul 25, 2014 5:29am
Quick update : revamping of database is almost complete
  • #130
  • Jul 28, 2014 1:54pm Jul 28, 2014 1:54pm
Quick update : I have migrated the server from relying on Windows & Linux over to purely relying on Linux so hopefully that helps a lot with the slow loading time of charts that some of our users has feedbacked on
  • #131
  • Last Post: Jul 31, 2014 4:42am Jul 31, 2014 4:42am
Quick update : Working on "Leaderboard" now, it's a nice page which displays who is rising the fastest in the forex army Super fun stuff
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