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  • #381
  • Aug 15, 2014 2:26am Aug 15, 2014 2:26am
Quoting iDoubleStoch
{quote} No. They are actually increasing risk, not mitigating and most definitely not controlling it. {quote} No. You cannot control anything unless you ARE the market. I am not big enough to set prices, nor move prices to where I want them. Therefore, I have to find another way to skin the cat and my way is through empirical analysis of market data and the location of high probability patterns that I can take advantage of by placing my capital in the way of a Trajectory or Vector that is heading to a destination that contains a high probability...


Ok. I concur.

Also: "Recognizing trade worthy patterns in the currency market is not rocket science. Developing a good supporting system that gives you good entry and exit levels relative to those patterns, just might be the closest thing to rocket science I've ever compiled"

Indeed. That is where I am. Your statement is spot on. This is what I was explaining earlier: "Any pattern that can be found needs a framework of rules and exceptions to filter the good from the bad".
I am discovering more and more that the "good supporting system that gives you good entry and exit levels relative to those patterns" IS the thing. And the actual pattern is not that important.
  • #382
  • Aug 15, 2014 2:36am Aug 15, 2014 2:36am
Quoting iDoubleStoch
This will be my last post here for this year.
You have a theory of market movement is successful.
It is very valid.
My theory of market movement is 100 times more complex than yours.
And his theory is a part of the solutions I've found.
The idea is to work on the basis of discovery, as the market moves, and large drive the market, with complex rules, but that can be discovered.

iDoubleStoch is teaching them how to make money in forex trading.
Do not say that his method is complex. The reality is very complex.

I can imagine the little degree of success that would have me, explaining my theory, 100 times more complex, but also 100 times more accurate.
  • #383
  • Aug 15, 2014 2:37am Aug 15, 2014 2:37am
Many thanks iDoubleStoch :nerd:
It's all about bucks, kid. The rest is conversation.
  • #384
  • Aug 15, 2014 3:00am Aug 15, 2014 3:00am
Quoting jmn5611
{quote} Clear blue water would indicate the ability to see to the bottom. i.e. a clear concept that can be extrapolated into something tangible. You know, tactical to practical? Maybe I am just missing it. Logic has a flow...A + B = C. So far, there has been nothing to that effect. Where I am from it is a free country, and freedom means freedom to challenge the silly. So I challenge that. The silly always get upset about peer review. That is what separates the scientific method from...
Me thinks you haven't understood a basic premise here. From the very start iDouble stated quite clearly his intent wasn't to provide a "full working system" boxed up and wrapped with a pretty bow to hand out. But the basics of a concept he's worked on designed to challenge others to think a touch deeper. In my humble opinion, he has done just that. I wish I had the time to explain in full detail but, by my post in my corner, you know I don't. Thankfully, iDouble has that covered quite nicely in these pages.

I know some minds want the simple A+B=C. Others enjoy and gain from the challenge of missing bits. Without taking sides, it's up to the individual to decide. If a person is of the former, perhaps they shouldn't interrupt those of the latter. Simply pass on by. It's funny to me as I've had private conversations with folks from both groups to see how some understand, and some do not. "Most" of those who do not however, don't come in making noise for those who do. I respect them. Everyone must know their limitations.

The claim of "snake oil" directly implies two things. Something that is claimed to work and doesn't, and that same something is for sale. Being I'm part of the latter above, I know the claim is valid. Being that I've not seen even a hint of "something for sale", I would respectfully suggest the rest simply pass on by. Quote me if you wish but I'll not respond any further.

To everyone, ALL information is good. Take from it what you will. If you find value be grateful, join in or move along. If you do not, be grateful and simply move along. I wish I had the time to join in. But I'm grateful and I'll move along. Good luck folks and, Be Good To One Another.

This will be my last "interruption" in this thread. My apologies again iDouble.
Ghost Rider - WWTBMD?
  • #385
  • Aug 15, 2014 3:42am Aug 15, 2014 3:42am
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  • #386
  • Aug 15, 2014 3:45am Aug 15, 2014 3:45am
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  • #387
  • Aug 15, 2014 8:00am Aug 15, 2014 8:00am
Quoting Mingary
Fascinating. ... this whole thread and especially the last posts. Check this out: http://en.wikipedia.org/wiki/Phlogiston_theory I am sure we are all smart enough to draw some analogy... Personally, I can find funny patterns in any price move with my eyes closed. Just point me to a chart and I will throw a dart. look I just found a new pattern.. I am not saying this has no value (I love random patterns like everybody else) I am saying there is nothing reliable.
Some people will always cling to whatever irrational thing they can, Mingary. They enjoy alchemy. But a point does come when they have to left alone to continue to try to turn lead into gold.
If you are good at something, never do it for free--Joker
  • #388
  • Aug 15, 2014 8:03am Aug 15, 2014 8:03am
Quoting Baillie
{quote} many have told you to join the topic in an intelligent manner or go away.
Many??

I count two newbies and the thread starter trying to lure them in.

There must be an intelligent topic to have an intelligent discussion. I suppose random boxes is as good as it gets for you right now.

Good luck.
If you are good at something, never do it for free--Joker
  • #389
  • Aug 15, 2014 8:08am Aug 15, 2014 8:08am
Quoting Mingary
{quote} Ok. I concur. Also: "Recognizing trade worthy patterns in the currency market is not rocket science. Developing a good supporting system that gives you good entry and exit levels relative to those patterns, just might be the closest thing to rocket science I've ever compiled" Indeed. That is where I am. Your statement is spot on. This is what I was explaining earlier: "Any pattern that can be found needs a framework of rules and exceptions to filter the good from the bad". I am discovering more and more that the "good supporting system that...
If you are good at something, never do it for free--Joker
  • #390
  • Aug 15, 2014 8:56am Aug 15, 2014 8:56am
Quoting iDoubleStoch
{quote} You cannot control risk. That's an illusion. You can mitigate risk in two basic ways: Money Management and Empirical Evidence. {image} 27 top signals sorted and ranked after a sizable algorithm deciding who gets in the door and who sits on the sidelines waiting for the next signal generation period. 27 signals made the cut. After the ranking, the cream rose to the top along with its Risk Ratio. The lower the risk ratio the higher the probability for a successful trade outcome. Signal, Signal Probability (%) and its Risk Ratio are predicated...
Really interesting panel you have there iDoubleStoch! Out of curiosity, do each of these signals come from it's own indicator (meaning if you have 30 signals, is that all from 30 different indicators?). What I mean by indicator is, how we have indicators in MT4.. you know, MA, Stochastic, CCI, RSI, etc (this would be 4 indicators). OR is it from multiple "indicators" generated from a couple of indicators like your B2i, OS1's different pattern combinations which you have classified? For example, I could probably identify 1000s of patterns from B2i alone and then through historical search classify the ones with the best probability of repeating.

Also, after seeing this panel and your explanation about it. I had an idea, have you ever tried combining these "indicators/patterns" to see then what the outcome would be. That might be something interesting for you to test out if you haven't done so. For example, what I mean is, getting the probability of 'Panel Prime' and '6 Stage Lead' and 'EDV/Helix' when all three are true. You can of course have many permutations. That might produce more 100% accurate results. Just an idea

Additionally, if I were you, I would at some point, not answer question or pay any attention to the ones that just does not seem to get it. It's an unnecessary waste of effort and a distraction. I know its hard when someone challenges our motives and understanding. This thread now has a bunch "useless talk" that it makes getting to the posts with real value and understanding just that much more difficult.. hehe FF really needs to add a vote function to individual posts so we can vote the posts up and have the option to view it in order of vote count so that the important ones would show up at the top and useless talk would be forgotten. If you ignore the useless, they will be forgotten and be buried.. sometimes they just want a little attention

Thank you for the awesome thread and the material that you have shared. I'm looking to integrate this into my trading and really hope that you will continue to share more Sharing is caring hehe
Focus, Patience, Determination & Order in chaos
  • #391
  • Aug 15, 2014 8:58am Aug 15, 2014 8:58am
Quoting albchr
{quote} Me thinks you haven't understood a basic premise here. From the very start iDouble stated quite clearly his intent wasn't to provide a "full working system" boxed up and wrapped with a pretty bow to hand out. But the basics of a concept he's worked on designed to challenge others to think a touch deeper. In my humble opinion, he has done just that. I wish I had the time to explain in full detail but, by my post in my corner, you know I don't. Thankfully, iDouble has that covered quite nicely in these pages. I know some minds want the simple...
Me thinks you haven't understood a basic premise here. From the very start iDouble stated quite clearly his intent wasn't to provide a "full working system" boxed up and wrapped with a pretty bow to hand out. But the basics of a concept he's worked on designed to challenge others to think a touch deeper.

More wasted air and time, It's apparent you are a complete jack ass on top of everything else I have stated. I almost feel sorry for you.
  • #392
  • Aug 15, 2014 9:25am Aug 15, 2014 9:25am
Quoting Baillie
{quote} Me thinks you haven't understood a basic premise here. From the very start iDouble stated quite clearly his intent wasn't to provide a "full working system" boxed up and wrapped with a pretty bow to hand out. But the basics of a concept he's worked on designed to challenge others to think a touch deeper. More wasted air and time, It's apparent you are a complete jack ass on top of everything else I have stated. I almost feel sorry for you.
Interesting. From day one I have defended iDouble and his project here from the attackers and haters and this is your response? Perhaps I've misjudged?
Oh well, everyone's entitled to an opinion. Even if it is way off base.
Have a nice day.
Ghost Rider - WWTBMD?
  • #393
  • Aug 15, 2014 9:31am Aug 15, 2014 9:31am
Quoting albchr
{quote} Interesting. From day one I have defended iDouble and his project here from the attackers and haters and this is your response? Perhaps I've misjudged? Oh well, everyone's entitled to an opinion. Even if it is way off base. Have a nice day.
That was not directed at you, it was for our special friend JMN, I was quoting you to show how ignorant he really was. Sorry for the confusion.
  • #394
  • Aug 15, 2014 9:55am Aug 15, 2014 9:55am
Quoting Baillie
{quote} That was not directed at you, it was for our special friend JMN, I was quoting you to show how ignorant he really was. Sorry for the confusion.
Understood. No worries.
Ghost Rider - WWTBMD?
  • #395
  • Edited 11:44am Aug 15, 2014 10:41am | Edited 11:44am
Quoting Relativity
{quote} I do; I understand the problems as much as anyone who is willing to sit down and do the research. Read my thread and I hope you can see something; http://www.forexfactory.com/showthread.php?p=7675972 Along with this; http://www.forexfactory.com/showthre...51#post7661851 You don't need to worry about me regarding peer review, thank you. I do publish my work on a private basis and selectively open to the public. Not everyone is my 'peer', as you should know. {quote} 1st, read these 2 posts to understand what...
I figured that instead of showing TCDs, I can actually show my own work. After all, it is inspired by use of TCDs anyway.

For anyone who is still not convinced and have doubts, here's my proof;

Market Conditions (part 1)
http://www.forexfactory.com/showthre...88#post7675688
Market Conditions (part 2)
http://www.forexfactory.com/showthre...66#post7677466
Trading the Resume/Reverse state aka Funny Looking Rectangles & Useless Drivel
http://www.forexfactory.com/showthre...71#post7677871

But I would start working on TCDs anyway =)

Yes, indeed, and here's my proof =d

Selene : 'And here's my proof.'
http://i61.tinypic.com/i2v91s.png
  • #396
  • Edited 12:46pm Aug 15, 2014 12:35pm | Edited 12:46pm
Quoting jasakreatif
is this funny rectangle too ? {image}

http://i58.tinypic.com/15i3urr.jpg

Keep working on it, Jasakreatif. Re-read the first few pages of this thread for instructions on where to start drawing the lines and what data points to use. Also, check out my posts on the use of Fib Fans within the B2i structure - that might of some benefit to you. Check out my notes on Entry Window and how to detect it.

This is a VERY short thread but there is a ton of good information for the astute (eyes wide open) and hungry trader looking to build a slight edge. It is not the grail and I am not the guru, but this one indicator has a lot of potential, if you take into consideration how it applies in multiple time frames - simultaneously.

All the best on your GBPUSD B2i.

Note: I saw your post yesterday but forgot to reply to it. I just wanted to give you some tips and encourage you to march on! I'm not going to be able to hang around and continue instruction, however - sorry about that.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
  • #397
  • Aug 15, 2014 12:36pm Aug 15, 2014 12:36pm
Quoting angelofx
{image}

Maybe you can help the guys who are a bit slower? You seem to get this stuff. I can't stick around that long.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
  • #398
  • Aug 15, 2014 12:58pm Aug 15, 2014 12:58pm
Quoting Antonsak
{quote} You have a theory of market movement is successful. It is very valid. My theory of market movement is 100 times more complex than yours. And his theory is a part of the solutions I've found. The idea is to work on the basis of discovery, as the market moves, and large drive the market, with complex rules, but that can be discovered. iDoubleStoch is teaching them how to make money in forex trading. Do not say that his method is complex. The reality is very complex. I can imagine the little degree of success that would have me, explaining...

B2i is one indicator concept out 100+ indicators that have been engineered in a fully integrated trading stem to work together. B2i is not a complex trading system. It is one of the most uncomplicated creations I've ever had, yet it is one of the most uncanny in its accuracy, even in its Version 1.0 prototype form - which is all that I have shared here in this thread.

Version 5.x is light years head of this version because it adds Timing, Magnitude and thus, more optimized Probability. Even Version 5.x is still just one indicator among 117 fully integrated indicators.

I can only go so far in public. My trading system gives me a distinct edge and there is no way on earth I'm going to divulge that edge completely. I can discuss 'some' things with eager Traders, but the rest of always off limits.

All the best with your Market Theory!
------------------------------------------------------


Ok, that was it - gotta go.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
  • #399
  • Aug 15, 2014 2:12pm Aug 15, 2014 2:12pm
Quoting saver0
{quote} Really interesting panel you have there iDoubleStoch! Out of curiosity, do each of these signals come from it's own indicator (meaning if you have 30 signals, is that all from 30 different indicators?).
117 primary indicators produce 1,200+ signals as they are all integrated. The configuration of the indicators and the wrapper logic that ties them together, determines their output (signal variance). Other "Functions" are used to modify their output and typically include sub-routines designed for any number of various reasons. The system is built in Excel, so it is very easy to link one part of the system to another, or use output from one component inside another component elsewhere in the system. It is a multi-tiered system with a data layer, core calculations layer, two signal engine layers, metadata layer and a synthesis layer where predictive signals are produced. It also has what I call the MetaBrain layer, where the system does all of its "learning."

Maybe one day, I'll come back and talk about Integrated Trade System Design (ITSD). I feel like at this point, if there was such a thing as a Ph,D. in "Trading System Design," that I would most likely qualify for program completion. I pioneered some things that I've never seen anyone else even hint at, let alone talk about in public, that are specifically related to trade system design.

For example, over the years I developed a 12 Phase Indicator Design Protocol and an 11 Phase Trade System Design Protocol. Why? For several good reasons: Engineering Protocol Consistency, Component Compatibility, Component Reuse, Design Clarity, Design Focus, Optimization Focus, Testing Focus and Philosophical Design Consistency. Building an integrated technical trading system is a lot more involved than merely hanging a few indicators on a screen and following some trade rules. Such a system is purpose built and designed for a specific mission - so everything inside that system has to contribute to mission success. There are no loose ends in my system. Every component has a purpose and a function. System components "talk" to each other, share data and work together in a synergy to provide the best possible signal the system can produce.

I've worked with Ph.Ds in mathematics (now a Quant in Chicago) and science and one engineer in the past - years ago. They all had their own spool-up time before they were able to understand the theory behind the system. They eventually got it and went on to do their own thing individually. That was a much earlier version of the system. Nowhere near as robust as it is today. Some very sharp people struggled with the theory initially before they understood the concept. If this can initially stump Ph.D types, then it might be somewhat daunting for the average Trader and some of its tenets might not initially register, or even qualify as being lucid to others.

It took years to design and even longer to finish. It grew through compilation until I had achieved a level of consistency that I felt comfortable with relying upon every day. It does what I designed it to do in every market phase that I have identified. It continues to be reliable and it allows me to focus my time on money management and growing capital long-term. In short, it allows me to be a Money Manager, instead of just a Trader. It affords me the ability to not have to worry so much about "trading," and focus a lot more on positioning my capital at strategic locations in the market without the overwhelming fear of not knowing where the market is most likely headed "next."

A good trading system frees you up to be a good Money Manager, which I enjoy a lot more than just being a Trader. I like growing capital. It is like planting a crop and watching it grow until harvest time.

Ok, that was REALLY it. I've got to go! Have a good New Year.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices
  • #400
  • Aug 15, 2014 4:27pm Aug 15, 2014 4:27pm
Possibly my last post for this thread if iDoubleStoch is really done this time =p :

For all the skeptics and opponents against the method, IMO this is certainly the worst thread to date to debate it in. Why? He shows you how to do it! Sure it's not the polished version, but if he claims there's something to the method and you don't agree, it's certainly easy to dispute. Run the numbers yourself; You don't need any Matlab, MT4 or any fancy programming. Maybe then we could have had a more productive time.

Logistics: Rectangles made with EUR/USD 24x1hr bars. Data used was this year (could have done longer but for the sake of using data that just about anyone has access to, I just used YTD)

I waited for the complete 24hr first. Then I marked the level created by the vector. If open price on the next day was under the vector point, bias was long. Likewise if the open price was above the vector point, bias was short. I gave time 24 hours, as well as 120 hours to complete.

With no filter on strong trends, sure doesn't look random to me.
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