The human brain can recognise patterns faster than a computer | Forex Factory

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The human brain can recognise patterns faster than a computer

  • #1
  • First Post: Jun 20, 2017 12:48am Jun 20, 2017 12:48am
so Ive coded this indicator
try it
and lets all see if we can spot a recurring pattern or patterns
then
lets code a EA and we all get rich , maybe

if we all work together on something , maybe , just maybe , we might get somewhere.
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File Type: ex4 test-17-array-test.ex4   14 KB | 383 downloads
  • #2
  • Jun 20, 2017 1:13am Jun 20, 2017 1:13am
Quoting buju
so Ive coded this indicator try it and lets all see if we can spot a recurring pattern or patterns then lets code a EA and we all get rich , maybe if we all work together on something , maybe , just maybe , we might get somewhere. {file} {image}
Looks like a heatmap indicator.
"The fun is in the hunt. Not the kill."
  • #3
  • Jun 20, 2017 1:48am Jun 20, 2017 1:48am
Quoting buju
so Ive coded this indicator try it and lets all see if we can spot a recurring pattern or patterns then lets code a EA and we all get rich , maybe if we all work together on something , maybe , just maybe , we might get somewhere. {file} {image}
thats not the way forex can work. if many trade exactly same way, then because of this big buy/sell power in this situation you change the charts by this trades against not used this trades. you need to recalculate all charts analysed to this fact what changes a lot the entries and exits, its a very difficult calculation. and when you are not sure, how much capital is traded exactly with this strategy, its near impossible to recalculate this situation. (if you have strategies in daily, monthly, weekly chart it will be less important ofcourse)

in basic things working together is fine, in a seperate strategy you destroy this strategy. there is no common easy strategy out there with big wins, because when there is a strategy with big wins and many trade it, nobody would wish to be in opposite part in this situation to lose, and so all changes.

only solution for you, get some people in a group and dont increase the group and dont speak outside. but even then it can be the same situation because of many situations. and the group is often at max so good like the smallest group member is.
  • #4
  • Jun 20, 2017 6:35am Jun 20, 2017 6:35am
with trillions of dollars traded every day , if 10 or 100 or even 1000 traders use the same strategy , it will make no difference to the price in my opinion.
Ive coded some "strange" indicators , some I have posted here at FF , hoping for feedback and collaboration , but sadly I dont get any.
seems like very person wants to have their own secret strategy that will make the millions for them , and if they share it it will unbalance the market.
Well how much money do you have to trade to influence a market of trillions of dollars ?

synergy

  1. the interaction or cooperation of two or more organizations, substances, or other agents to produce a combined effect greater than the sum of their separate effects.

  • #5
  • Jun 20, 2017 6:56am Jun 20, 2017 6:56am
how cant code EA with exe file your indicator
  • #6
  • Jun 20, 2017 6:59am Jun 20, 2017 6:59am
Enter a position when all dots turn the same colour?
  • #7
  • Jun 20, 2017 7:16am Jun 20, 2017 7:16am
Quoting MidnightRun
Enter a position when all dots turn the same colour?
you want me to tell you ?
well I dont know , I coded this thing last night.

Why dont you run it in the strategy tester , 'paper trade' your idea over 6 months , probably take 30 minutes to do, then share the results here . . .

there are many combinations of red and blue that can be tried.

Imagine all 20 of us looking at this post , wow so many , putting forth ideas.
  • #8
  • Jun 20, 2017 10:23am Jun 20, 2017 10:23am
Hi OP,

What are you using for your pattern matching algo?

I recently made a similar indicator which compares the recent n bars to (i in all-bars + n-bars) by calculation the Pearson correlation coefficient for both data-sets at each iteration. I then sort the results and take the highest (and inverse lowest) correlations as the closest pattern match, then transpose the time-series after the pattern to the end of the current time-series as a scatter-plot with a trendline connecting to the mean values of the plot.

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  • #9
  • Last Post: Jul 23, 2019 3:00am Jul 23, 2019 3:00am
Quoting Nicholishen
Hi OP, What are you using for your pattern matching algo? I recently made a similar indicator which compares the recent n bars to (i in all-bars + n-bars) by calculation the Pearson correlation coefficient for both data-sets at each iteration. I then sort the results and take the highest (and inverse lowest) correlations as the closest pattern match, then transpose the time-series after the pattern to the end of the current time-series as a scatter-plot with a trendline connecting to the mean values of the plot. {image}
Could I ask you, how does Indicator works?
And if possible, could I have the file of it?
It seems interesting to me
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