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Attachments: Fractals, ZZ & the Pissing Dog
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Fractals, ZZ & the Pissing Dog

  • #901
  • Sep 18, 2014 9:45pm Sep 18, 2014 9:45pm
Quoting jangezkhan
{quote} I like to believe that not everyone who gives advice are scammers... it may be fruitful thinking - but it's something that i hope is true (probably not)
Well, among online forex circles I am now very wary!
  • #902
  • Sep 18, 2014 9:48pm Sep 18, 2014 9:48pm
Quoting Stinky
{quote} Well, among online forex circles I am now very wary!
unlike most scammers - GG53 never promoted anything (like a website) or asked for money
  • #903
  • Sep 18, 2014 10:11pm Sep 18, 2014 10:11pm
Until Forex Factory act with complete transparency with their disciplinary measures, conspiracy theories will abound. But, this is "their" forum, so I guess they can do whatever they want.
  • #904
  • Sep 18, 2014 10:40pm Sep 18, 2014 10:40pm
Quoting 4xbones
Until Forex Factory act with complete transparency with their disciplinary measures, conspiracy theories will abound. But, this is "their" forum, so I guess they can do whatever they want.
You think I've been talking about a conspiracy theory? Maybe G is just plain crazy instead . One thing is for sure, almost nothing that G has posted here adds up. I'm still waiting for him to do the review of the code that was sent to him that he >repeatedly< promised to do.

Also, he is still able to prove his algorithm works by contacting the person who asked him to privately post live continual predictions. He has that person's email and Skype address.
  • #905
  • Sep 18, 2014 10:52pm Sep 18, 2014 10:52pm
GG53 posted this lately on another forum, in response to a question (question included):

Hi GG
"There is one thing about this "Fractal" based system that almost everyone, amazingly, fail to see.
It has nothing to do with math, statistics or algorithm. It's in plain sight on the chart - and if you can't see it - look closer and harder... "

I am looking closer and harder...nothing http://www.stevehopwoodforex.com/php...smilies/52.gif
These fractals are repainting (that does not bother me ) but I still don't get my head around how to look at them differently.. please advice if you could.
Here is a pic what I am looking at.....USDJPY 15min

cheers
hannele


hannele,

1. Fractals do not repaint. Fractals are defind by 2 preciding bar and 2 following bars. After the second following bar - they DO NOT repaint.

2. Fractals, in this concept of being part or "building blocks" of a "DNA", should be treated as such.
In this concept, they are an integral part of a DNA "chain".
If that "chain" is broken, we need to validate the Fractal.
Example:
If a Fractal appears on last bars of Friday session and its following legs (confirmation bars) appear on start of Monday session - that is NOT a valid Fractal. "Chain" is broken by the gap between Friday close and Monday Open. There is no continuation of sequence.
Same thing on start of Monday session. If you got a fractal on the firast bars, with its one or two leading legs on last Friday session - its NOT a valid fractal.
The above is true for any kind of "broken chain" occasions.

If you include those non-valid fractals in your database, you'll get non valid ZZ's and non valid bar counts, etc.

G.
  • #906
  • Sep 19, 2014 1:26am Sep 19, 2014 1:26am
Oh, Now i see some light... Someone opened same thread subject, relying on gg's work, on almost the same day that he had an arguement with gg about fractals. Ego war!
  • #907
  • Sep 19, 2014 3:54am Sep 19, 2014 3:54am
Quoting Stinky
{quote} You think I've been talking about a conspiracy theory? Maybe G is just plain crazy instead . One thing is for sure, almost nothing that G has posted here adds up. I'm still waiting for him to do the review of the code that was sent to him that he >repeatedly< promised to do. Also, he is still able to prove his algorithm works by contacting the person who asked him to privately post live continual predictions. He has that person's email and Skype address.
Stinky, I'm not talking about you, I'm talking about Forex Factory. Example; If they revoked G's membership because of the beef you have with him, then it should be stated. This is not the only case of this happening (our good friend iDouble.. comes to mind?).
  • #908
  • Sep 19, 2014 4:15am Sep 19, 2014 4:15am
Quoting 4xbones
{quote} Stinky, I'm not talking about you, I'm talking about Forex Factory. Example; If they revoked G's membership because of the beef you have with him, then it should be stated. This is not the only case of this happening (our good friend iDouble.. comes to mind?).
Yeah they should. I didn't say anything to them so I have no idea why.
  • #909
  • Sep 19, 2014 4:41am Sep 19, 2014 4:41am
Can I just add that for me I find that what this does is to promote ideas and provides a pool of collective thinking and ideas whether the substance in the thread is right or wrong.
  • #910
  • Sep 19, 2014 5:01am Sep 19, 2014 5:01am
I think that gg predicted that this is going to happen
Re-read his opening post about the "Pissing Dog", and here comes one...
  • #911
  • Sep 19, 2014 6:50am Sep 19, 2014 6:50am
Quoting peni.cillin
GG53 posted this lately on another forum, in response to a question (question included): Hi GG "There is one thing about this "Fractal" based system that almost everyone, amazingly, fail to see. It has nothing to do with math, statistics or algorithm. It's in plain sight on the chart - and if you can't see it - look closer and harder... " I am looking closer and harder...nothing {image} These fractals are repainting (that does not bother me ) but I still don't get my head around how to look at them differently.. please advice if you could. Here...
Hi peni.cillin,

This is very good post!
Now, I smell something about CLOSE PRICE
Unfortunately, I now focus on EURUSDD's transient/recurrent idea and so almost lost my skills about zz-fractal.
I hope you or some others will find breakthrough.

Thank you,
  • #912
  • Sep 19, 2014 9:33am Sep 19, 2014 9:33am
Another one of gg's response to same question (same question included):

Hi GG
"There is one thing about this "Fractal" based system that almost everyone, amazingly, fail to see.
It has nothing to do with math, statistics or algorithm. It's in plain sight on the chart - and if you can't see it - look closer and harder... "

I am looking closer and harder...nothing http://www.stevehopwoodforex.com/php...smilies/52.gif


hannele,

Ok, Ok....
Please open an M5 or M15 chart with candlestick or bar chart.
Put the Fractals indicator on it.
watch the Fractals marking on the Highs & Lows.

Hold on...
We, as traders, are concerned with bar CLOSE (which is next bar open) - since it's impossible to enter on exact High/Low, right?

Now, on the same chart with the same Fractal indicator on it - switch to LINE-CHART.

Oooops...
How many fractals are still "valid"?
How many fractals are pin-point accurate?

Do you see some more sense in the chaos?

...and what is all that have to do with 1.2610?

G.
  • #913
  • Sep 19, 2014 5:16pm Sep 19, 2014 5:16pm
Quoting peni.cillin
I think that gg predicted that this is going to happen Re-read his opening post about the "Pissing Dog", and here comes one...
I was a believer at first, but through my PMs with him and the lack of valid evidence and the unwillingness to show any, I changed my mind.

The 'pissing dog' thing was likely to inoculate his followers against thinking something is wrong in whatever shape or form that was going to appear in the thread.

"Let's conclude that I'm not an honest person". This phrase would have had the effect of inoculating followers against thinking he was dishonest.
  • #914
  • Sep 22, 2014 10:57am Sep 22, 2014 10:57am
Quoting peni.cillin
Please open an M5 or M15 chart with candlestick or bar chart. Put the Fractals indicator on it. watch the Fractals marking on the Highs & Lows. Hold on... We, as traders, are concerned with bar CLOSE (which is next bar open) - since it's impossible to enter on exact High/Low, right? Now, on the same chart with the same Fractal indicator on it - switch to LINE-CHART. Oooops... How many fractals are still "valid"? How many fractals are pin-point accurate? Do you see some more sense in the chaos? ...and what is all that have to do with 1.2610? G.
Another wrench in the algo... bar CLOSE and fractals?
I must really be blind... just don't see any more information that would help.

Carl
  • #915
  • Sep 23, 2014 9:37pm Sep 23, 2014 9:37pm
Hi guys,

I just released my version of the code here:
https://github.com/PenguinTraders/FractalArrowPrediction

I still need to write up the instructions on how to get this to work. But if you read my other thread on how to run a Node.js app, then it should be pretty straight forward.
Then all you have to do is the following
- Install XAMPP
- With npm install the following Node.js modules: underscore, async, moment, prettyjson, mysql
- In phpMyAdmin, create a database called fractals and then import the script "MySQL_Create_Tables.sql" into it to create the needed tables.
- Then start up the fractal_server
- Then run the strategy tester with any EA (a blank one would be better), set the start date to be 2011.12.31 and end date to: 2014.01.01 or anything after 2013.01.01. Then run the EA up to 2013.01.01 (you can just skip to that date). Then attach the Fractal Arrow indicator (in settings set it to load data first) and it should start running. It will automatically populate the data in the DB for the range that you have specified in settings and then start predicting the fractals.

There is still more work left to do. I am hoping a few of you would join so we can work together. Please ask your questions in the Penguin Traders group since this thread got killed.
Focus, Patience, Determination & Order in chaos
  • #916
  • Sep 24, 2014 12:11pm Sep 24, 2014 12:11pm
Detailed instructions are now posted in the group thread.
Focus, Patience, Determination & Order in chaos
  • #917
  • Sep 24, 2014 2:42pm Sep 24, 2014 2:42pm
Thanks savor, I've been keen and interested about this method for a long time, I think it has a future. Thanks for your generosity. I'm going to see what I can make of it on your site.

Thanks again.
  • #918
  • Oct 11, 2014 12:42pm Oct 11, 2014 12:42pm
Quoting crodzilla
{quote} Another wrench in the algo... bar CLOSE and fractals? I must really be blind... just don't see any more information that would help. Carl
I had my reservations as well, but I did change the calculation to close prices right now just for fun, and believe me or not, it improved! It's not all rosy but worth tinkering I think.

4 great ones out of 5, not bad.

Attached Image (click to enlarge)
Click to Enlarge Name: close.PNG Size: 40 KB


BTW, when will this thread perish to oblivion?
  • #919
  • Oct 11, 2014 1:38pm Oct 11, 2014 1:38pm
Quoting candero
{quote} I had my reservations as well, but I did change the calculation to close prices right now just for fun, and believe me or not, it improved! It's not all rosy but worth tinkering I think. 4 great ones out of 5, not bad. {image} BTW, when will this thread perish to oblivion?
Well done Candero you are gradually getting there but also a win rate of 80% isnt bad but good. You have to test the indicator for about a week to see if it is good enough and also see the profitability. More power to your elbow
  • #920
  • Oct 11, 2014 3:48pm Oct 11, 2014 3:48pm
Quoting candero
{quote} I had my reservations as well, but I did change the calculation to close prices right now just for fun, and believe me or not, it improved! It's not all rosy but worth tinkering I think. 4 great ones out of 5, not bad. {image} BTW, when will this thread perish to oblivion?
Well, ok! I'll give it a go...

Carl
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