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Funny Looking Rectangles & Useless Drivel

  • #201
  • Aug 1, 2014 2:50pm Aug 1, 2014 2:50pm
Quoting Relativity
...There's a limit of running by the count as you can see, but if we are truly trading the trend... we will never really know when it ends, until 'it does'.
Quote


Which is the problem with "trends." The trend is your friend, until it decides to become Enemy Number #1. The question is always: Which trend is in control? This is the primary reason why I created Trajectories and Vectors as they are defined in my trading system. They both go into the so-called "trend" and statistically analyze it from within, revealing the behavioral characteristics
...
Good work! Just be sure to involve all time frames relevant to your expected profit event horizon for each trade. That is, make sure your analysis covers time frames that are small enough and large enough to be relevant to the average duration of each trade you make. If you are a Swing or a Long Term Position Trader then using Weekly, Monthly, Annual or even Multiple Annual bars of data such as 2 Yr or 3 Yrs bars (you may have to construct them on your own or use a custom indicator that accurately produces custom time frames). As an Intra-Day Trader, be sure to include all lower time frames and higher time frames up to and including the Monthly time frame.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
  • #202
  • Aug 1, 2014 3:03pm Aug 1, 2014 3:03pm
Quoting msood
{quote} Rand Yap Best wishes for your marriage, and thanks for taking the time to code this. Here's some observations re b2iv2: 1) There seems to be an issue with the time frames. For example, putting it on 1 min chart gives a session duration of 1 hour, on m5 it is five hours, etc. 2) Version 1 had the neat feature of showing previous sessions - gr8 for visually back testing; current version does not show previous occurrences. 3) Ideally, there could be a "period" input which would then work in conjunction with the current displayed timeframe....

Good points. I would re-read Post Number #180 in this thread ( http://www.forexfactory.com/showthre...09#post7644609 ) and base the MQL on that, creating code for a Standard B2i and a Hybrid B2i. The differences between the two are outlined more clearly in Post Number #180.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
  • #203
  • Aug 1, 2014 3:15pm Aug 1, 2014 3:15pm
Quoting angelofx
Decent range on GU.....few pips to TP {image}
Very nice angelofx
It's all about bucks, kid. The rest is conversation.
  • #204
  • Aug 1, 2014 4:04pm Aug 1, 2014 4:04pm
Quoting Rand Yap
Is this the work behind OS1?
No. Since I was never a heads down coder, when I would switch back and forth between excel and MT4 charts to do research, I needed something with a long and flowing visual reference on deep price history when I was doing research using MT4 charts, which is where OS1 came from. Eventually, I found products like iExpertAdvisor and Molanis, both visual IDEs for creating EA. OS1 then became a fixed part of the system after a while

Quoting Rand Yap
Green and Red line are your fast and slow moving averages settings, that you got through iterations to get as close to as a cyclical market condition, using the approach of your TAC chart.
OS1 is not mathematically connected to the TAC-TCD chart. They are two distinctly separate concepts. One is a moving average that includes some mathematical tweaking on my part to produce a very long range view of market history. The other is based on a different kind of technical analysis foundation that I reference as Trajectories and Vectors, but that are not classical (physics and mathematics) in definition. Trajectories are what make up the bulk of all my indicator designs and those are called Delta Class Indicators.

The TCD chart that I posted was only shown because a member here indicated that he had been following my work for a few years and he posted an excel spreadsheet with names of much earlier indicators that I created a long time ago. That's how I knew that I could post a TCD chart, and it would not be too foreign to him - though it might be something that he had not created yet for himself. The data you see on that chart, had not be discussed in this thread and is not taken from the B2i or OS1 indicator inputs. Those are Delta Class Indicators and they are something completely different.

I have mentioned and even given the logical structure for creating the prototype version of my Distinct Vega Indicator, but I'm not sure whether or not people followed that post. I've also said that I would work with an MQL developer to include Distinct Vega into a B2i indicator, if they could get the B2i indicator to work in all time frames with the appropriate variable inputs (parameters), so the indicator was flexible enough to actually be useful to people.

Quoting Rand Yap
In fact, if one were to look at moving averages, they themselves are equilibrium levels like your B2i fall line that price always are attracted to. As such, OS1 fundamental nature is no different from B2i.
The nature of the universe is chaos. What gave the universe physical stability were the strong force, weak force, electromagnetism and gravity. The nature of financial markets is chaos. What gave financial markets stability (believe it or not) is fear, greed and sufficient market participation, aka volume. Those three things stabilize price to the extent that market volatility becomes an acceptable risk, as both fear and greed work together in the minds of market participants, holding price in check on a routine basis and proportional to a given amount of volume. When just one of those three stabilizing forces gets out of control the market returns back to its natural condition of chaos.

So, real equilibrium would be antithetical to financial markets and could only come about in two conditions: Zero Volume, or Equality of both Fear and Greed. In both cases, no trading takes place, price find real equilibrium and the market dies a painful death. Price simply stops moving.

This is why I shifted my view on the Moving Average a long tie ago, and began approaching it as a vector quantity with both speed and magnitude, where the speed component is measured in the angle of descent or ascent, up or down the price scale. This eventually caused me to use only a Double MA, where both of its calculations are considered a single average price dimension. This allows for the magnitude of the MA to be expressed through the distance between both lines. With that arrangement, I can then calculate a form of "gravity" between both lines where the gravitational force is directional proportional to the product of both MA values and inversely proportional to the distance of the square between them.

Thus, in my eyes, price becomes tantamount to a body in orbit about its star, the MA. Then we get into what I call the Orbital Mechanics of Price, which is a bit beyond the scope of this thread, but it obviously involves OS1 and explains my tweaking of the routine MA calculation. Essentially, I see the OS1 Double MA as a kind of Binary Star System where price orbits that system. But, again, we are getting well beyond the intent of this particular thread.

So, while I do understand what you might mean by equilibrium, for reasons that go well beyond the scope of this thread, I have a slightly different take on what the MA actually means relative to price. But, I do believe that I understand the idea of Buyers and Sellers agreeing on a certain price level and how a single MA might be seen by some as that level. However, you can quickly check that by simply grabbing the Guppy GMMA MT4 indicator (google it) and loading that into any chart. Doing that will reveal that what is considered "agreed upon price" at one moment, is quickly changed the next moment. Thus, the concept of equilibrium as being that "place" or "level" in the market where most participants "agree" on "price" rapidly changes definition and price plows through Guppy levels with nearly each tick as the following chart shows:

Guppy GMMA
http://i59.tinypic.com/2cdbj3s.png


Quoting Rand Yap
I never really like your type of approach in looking at the market, but seeing you make it work is an eye opener. It is always good to keep and open-mind because we are always seeing things from our own limitations.
Yes, OS1 and B2i are just as different from each other as vanilla ice cream and chocolate cake. They go great together but are completely different creations.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
  • #205
  • Aug 1, 2014 4:05pm Aug 1, 2014 4:05pm
Quoting smartvin
Interesting threads subscribed and have a basic question. Someone clarify me which candles to start draw the rectangle? Everyday opening price (First candle) or is that any other criteria to select particular candle start to draw the rectangle.

Hello smartvin,

Check out post number #180. Hope that helps!
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
  • #206
  • Aug 1, 2014 4:25pm Aug 1, 2014 4:25pm
Quoting angelofx
Decent range on GU.....few pips to TP {image}
A little clean-up exercise for ending the week. Not bad. However, take a closer look at the Fibo Fan. Blade 61.8% (those useless fibonacci ratios that are just absolutely silly to even contemplate as a trading tool) shows up again.

Now, here the real scary part. Take your Fib Fan tool and put the start of the Fib range exactly where you start the O:L primary leg. Except, don't draw the Fib range all the way down to the Lowest Low just yet. Stop at Rally Point #, then Rally Point #2 and finally Rally Point #3. Check the location of price where it begins its strongest move back towards the Fall Line at each rally point. You will see that 61.8 shows up each time.

So, the 61.8 fan was being projected at rally points #1, #2 and #3, in advance of the move. Rally point #1 took place 6hrs before the final touch of 61.8 and the move back towards the Fall Line. 6 hours in advance. Coincidence? Check on yesterdays GBPUSD D1 B2i and use the Fib Fan. Mark all the rally points and make the same measurements. You will find that 61.8 was known in advance of the Fall Line move as well.

http://i58.tinypic.com/28lghvk.jpg

Early Warning penetration of the upper (mirrored) projection line running from Open down to Intersection was also good, but not as good as Fib Fan Blade 61.8. Early Warning was about 10 pips but 61.8 blade was closer to 29 pips.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
  • #207
  • Aug 1, 2014 4:37pm Aug 1, 2014 4:37pm
Quoting iDoubleStoch
{quote} A little clean-up exercise for ending the week. Not bad. However, take a closer look at the Fibo Fan. Blade 61.8% (those useless fibonacci ratios that are just absolutely silly to even contemplate as a trading tool) shows up again. Now, here the real scary part. Take your Fib Fan tool and put the start of the Fib range exactly where you start the O:L primary leg. Except, don't draw the Fib range all the way down to the Lowest Low just yet. Stop at Rally Point #, then Rally Point #2 and finally Rally Point #3. Check the location of price...
I've never used a fib fan before. I'll play with it to better understand what you're teaching. BTW you promised to share an indicator similar to the Distinct Vega if rand was able to code the B2i
  • #208
  • Aug 1, 2014 4:59pm Aug 1, 2014 4:59pm
Quoting angelofx
{quote} I've never used a fib fan before. I'll play with it to better understand what you're teaching. BTW you promised to share an indicator similar to the Distinct Vega if rand was able to code the B2i

He indicated that he was a little busy (he's getting married!), so that won't be forthcoming this time around. Maybe next time.

All the best!
-------------------------------------------------------------------------------------


Ok, guys. I think you get the picture by now.

There should be enough of you who do understand who could help those remaining who might not yet understand, as well as those who might come along later. It is time for me to go. I have a great time and I hope that I shared something with those interested that was of at least a little bit of value. Keep creating and keep thinking different. Don't allow naysayers to inform your opinion. Say flexible in your mind and committed to becoming the best Trader you can be and things will have a much better chance of working out long term in this business for you.

Don't get fixated on one indicator. Markets change and if you are a Technical Trader, then you will need a good blend of indicators that help you see short, medium and long range price behavior. B2i, by its nature is one of those Short Range Predictive Indicators, but it has wide application across a good number of time frames. It is not the "Grail" of all indicators. Remember, that it is just 1 of 117 custom indicators that I use in my trading system. Not everyone is going to build a trading system like that - don't allow that to deter your determination to do more quality research in the development of your own non-standard indicators and your own trading system - one that works for you and it meets YOUR needs, not the needs of someone else.

I really like Novice Traders, especially those with an open mind and that's why I do what I can to help them out, even if all I can do is share one simple concept that I think has merit. If you don't like B2i, then don't use it, but B2i has demonstrated at least one thing inside this thread and that is the fact that unconventional thinking in this business can produce results. We operate in a business where conventional wisdom and tradition rule the day. There is nothing wrong with convention, but innovation and fresh new thinking has its place, too.

Re-read my post on Market Phases, that was extremely important regardless of the indicators you use. You really do need to understand what the market bias is within the market you trade. That does not mean that the "trend" will continue, but it does mean that Directional Market Bias needs to be respected relative to predictive indications and you need to evaluate each potential trade within a context that takes potential profit and weighs it properly against existing risk.

Stay focused on your goals, remain committed to being successful as a Trader, remove the words "I can't" from your vocabulary and never give up faith. There are lots of undiscovered indicators and good trading concepts lurking inside the data waiting for you to pull it out of the market. It is up to you to make that happen.

I wish you great success and lots of capital growth along the way!

Have a great New Year and see you in 2015!
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
  • #209
  • Aug 1, 2014 5:17pm Aug 1, 2014 5:17pm
Quoting iDoubleStoch
Ok, guys. I think you get the picture by now. There should be enough of you who do understand who could help those remaining who might not yet understand, as well as those who might come along later. It is time for me to go. I have a great time and I hope that I shared something with those interested that was of at least a little bit of value. Keep creating and keep thinking different. Don't allow naysayers to inform your opinion. Say flexible in your mind and committed to becoming the best Trader you can be and things will have a much better chance...
Those market phases you described earlier, how can one determine the current phase.You did say in trending markets B2i may lose some of its potency.

Can you recommend any books that might be of help in further understanding what you're teaching.

Also where can we find your materials(books, comments, threads, posts) on the web.
I can't thank you enough for helping us demystify markets. No doubt these boxes will help some of us become better traders.

Thank you sir.
  • #210
  • Aug 1, 2014 8:47pm Aug 1, 2014 8:47pm
Thanks again for stopping by, I hope I am fortunate enough to find your thread next year.
"Mrrraggglhlhghghlgh"
  • #211
  • Aug 2, 2014 2:30am Aug 2, 2014 2:30am
Quoting iDoubleStoch
{quote} Congratulations in getting domesticated! I've been domesticated now for 19 years. Potty trained, too. Welcome to the club!
Domesticate or be domesticated
Thank you for the good intentions here. Good year ahead !
  • #212
  • Aug 2, 2014 8:20am Aug 2, 2014 8:20am
Quoting iDoubleStoch
{quote} ----- Have a great New Year and see you in 2015!
Thanks iDoubleStoch - for the insight into your trading methodology...
  • #213
  • Aug 2, 2014 8:27am Aug 2, 2014 8:27am
Quoting Rand Yap
{quote}...Do note that this version is for you to pinpoint the range of bars you want to study. You can double click the red/green line and shift it to where you want.
I checked that out - I think its quite a clever implementation - allows step through and testing for any period on any time frame, including offline charts. Nicely done - thanks.
  • #214
  • Edited 9:23am Aug 2, 2014 8:32am | Edited 9:23am
Be careful with this member.

Nicks: iDoubleStoch, iDouble, WaveTop, 7thsignaltrader, Tango 6 Alpha, StealthTrader, TraderNumber7....

http://www.forexfactory.com/showthre...13#post5883713

http://www.forexfactory.com/showthre...30#post4100330

http://www.elitetrader.com/vb/showth...5&#post3582335

http://www.trade2win.com/boards/fore...ml#post1941440

http://www.trade2win.com/boards/t2w-...ml#post1941432

This is specially funny. He phones himeself haha :

http://www.forexfactory.com/showthre...73#post5889073
  • #215
  • Aug 2, 2014 9:30am Aug 2, 2014 9:30am
Quoting DavidRP
Be careful with this member. Nicks: iDoubleStoch, iDouble, WaveTop, 7thsignaltrader, Tango 6 Alpha, StealthTrader, TraderNumber7.... http://www.forexfactory.com/showthre...13#post5883713 http://www.elitetrader.com/vb/showth...5&#post3582335 http://www.trade2win.com/boards/fore...ml#post1941440 http://www.trade2win.com/boards/t2w-...ml#post1941432 This is specially funny. He...
What do we need to be careful about? He shared information about a method of system development that looks interesting, unusual and intriguing. Nothing in this thread has anything to do with posts relating to those other threads. Please explain what we have to be careful about? Did he sell you something, did he rob you? I do not understand your reasoning for posting in this thread other than to distract.
  • #216
  • Aug 2, 2014 9:56am Aug 2, 2014 9:56am
Quoting Baillie
{quote} What do we need to be careful about? He shared information about a method of system development that looks interesting, unusual and intriguing. Nothing in this thread has anything to do with posts relating to those other threads. Please explain what we have to be careful about? Did he sell you something, did he rob you? I do not understand your reasoning for posting in this thread other than to distract.
he scammed several people in the past and has been banned in all forex forums around, u dont have to understand nothing if u dont want to.


nothing more to say
  • #217
  • Aug 2, 2014 10:11am Aug 2, 2014 10:11am
Quoting DavidRP
{quote} he scammed several people in the past and has been banned in all forex forums around, u dont have to understand nothing if u dont want to. nothing more to say
If it is the same individual, he has not been banned on this forum under those aliases. You have not provided any proof this is the same individual or any proof that any of those individuals have scammed others either. It is not a matter if I want to understand or not, your comments have not given me any reason to believe this is the same individual or that he is looking to scam anyone with this thread.
  • #218
  • Edited 8:33am Aug 4, 2014 7:56am | Edited 8:33am
Quoting Baillie
{quote} If it is the same individual, he has not been banned on this forum under those aliases. You have not provided any proof this is the same individual or any proof that any of those individuals have scammed others either. It is not a matter if I want to understand or not, your comments have not given me any reason to believe this is the same individual or that he is looking to scam anyone with this thread.

I'm not going to do your work, I was investigating him for sometime. All you have to do is just read the threads I've posted.

http://www.elitetrader.com/vb/showth...246457&page=19

http://kreslik.com/forums/viewtopic.php?t=3393

Here as signalbender: http://kreslik.com/forums/viewtopic.php?p=40925. If you read the post is the same style and speaks about the same like TCD.... This way you can connect all his nicks around.

He's a famous fx troll and probably worse (James and Merlin speak about him http://www.forexfactory.com/showthread.php?t=2964), and changes his nick from time to time when banned.
  • #219
  • Aug 4, 2014 8:47am Aug 4, 2014 8:47am
Quoting DavidRP
{quote} I'm not going to do your work, I was investigating him for sometime. All you have to do is just read the threads I've posted. http://www.elitetrader.com/vb/showth...246457&page=19 http://kreslik.com/forums/viewtopic.php?t=3393 Here as signalbender: http://kreslik.com/forums/viewtopic.php?p=40925. If you read the post is the same style and speaks about the same like TCD.... This way you can connect all his nicks around. He's a famous fx troll and probably worse (James and Merlin speak about him http://www.forexfactory.com/showthread.php?t=2964),...
I am very much aware of such investigation, and thank you for the effort. What you tried to do is to warn others who are not aware of a possible scam and provided some possible evidence; thats honorable.

But frankly on a personal level, I don't care and decide to stay neutral. What is important is I got what I wanted. In life, one needs to be tactical.
  • #220
  • Aug 4, 2014 11:09am Aug 4, 2014 11:09am
Another great rectangle, will see where the price goes.
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