My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
- #563
- Mar 6, 2017 1:51am Mar 6, 2017 1:51am
- Joined Sep 2006 | Status: ... | 8,112 Posts
@Komugi: I don't know how to contact you privately, so I'll post here.
I am very sorry, but I'm no longer coding or troubleshooting indicators, unless the indicator or EA is useful to me personally.
You could try posting in one of the "I code your indicators for free" threads, and perhaps somebody else can help you.
Or if you're willing to pay for the work, you could try MQL or elance.
Good luck,
David
I am very sorry, but I'm no longer coding or troubleshooting indicators, unless the indicator or EA is useful to me personally.
You could try posting in one of the "I code your indicators for free" threads, and perhaps somebody else can help you.
Or if you're willing to pay for the work, you could try MQL or elance.
Good luck,
David
- #571
- Mar 9, 2017 4:13pm Mar 9, 2017 4:13pm
- Joined Oct 2007 | Status: Thanking GOD for today | 1,108 Posts
Plan, Prepare, Execute, Repeat
- #576
- Mar 14, 2017 2:37am Mar 14, 2017 2:37am
- Joined Sep 2006 | Status: ... | 8,112 Posts
This one too (same include files) PS: the warnings all benign - they should not influence the execution of the code. They (the warnings) can be ignored
- #579
- Mar 21, 2017 1:49pm Mar 21, 2017 1:49pm
- Joined Sep 2006 | Status: ... | 8,112 Posts
Do you think it's possible for there to exist a method so that at broker session open, that method would sufficiently successfully provide pair selection and intraday bias which would be valid for that intraday trading session?
My best guess is that I would say it depends on the nature and accuracy of your "method".
A forex trader I used to work with runs a daily TA-based currency strength/weakness analysis. I analyzed his performance statistically, over a 3 year period, and the result was little better than a 50/50 bias, although curiously some days of the week yielded decidedly better results than others.
I suspect that one of the biggest problems is that there are many competing 'forces' and belief systems driving the forex market. The best way would be to somehow gauge prevailing sentiment. Ideally this would necessitate polling the (say) 100 largest banks and institutions and establishing whether their collective views on certain currencies or pairs are short term bullish or bearish (i.e. something like this or maybe even this). But of course this type of info (for large banks/institutions) is not readily available to the retail trader.
There may be FA based possibilities, in certain situations. For example, if RBA was to unexpectedly hike interest rates during the Asian session, then we might reasonably expect AUD to remain supported as European traders hit their desks during the immediately following London session, thus creating bias.
There may also be ways that TA can be used to establish some kind of edge. For example, if a currency/pair is heavily overbought/sold -- has been rising/falling for several sessions -- and preferably without obvious supporting fundamental reasons. Then there may be room for correction and some profit taking, again creating bias.
My view is that markets are the product of belief systems that create bullish or bearish sentiment, and hence self-fulfilling prophecy, and that the best opportunities present themselves when the reasons for overriding sentiment are at their most obvious. I'm sorry that this is such a vague statement, and that I'm unable to be more helpful. Institutional traders would likely be better qualified to answer your question.
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If you don't mind, could you please tell us the source of these news events, from which website did you download?
....... where on your excel file it is 340K 341K 350K
