- This topic has 163 replies, 29 voices, and was last updated 8 years, 11 months ago by
.
- Posts
Drloyd, I like your attitude!
Actually gg does not see “short bodies”, as he use line-chart he see lines. And he see only the stright line between Close 1 and Close 2. Thus some part of the movement “get lost”. This is out of my understanding – how by the shape/or position of the line one could understand the direction the price actually is going. There should be something more to look at and compare with to understand the sentiment of the market. EURUSDD also used line-chart but he compared it with BB and stochastic… 
OR… may be it looks like SS?… but it seems that gg put these lines “by eye” without complicated calculations… Quite simple. Instead of staring at one line chart I stare at two… They are very much correlated most of the time, but sometimes they don’t. When they don’t correlate, and in opposite direction within the same bar – the “Close” price will move almost immediatly to the “sentiment” line. G.
Something like this??
Ok, regrouped and reloaded I come again
Vlan, I’m not the policy of truth or its beholder, so I’m not stating mine is for real, it’s just my interpretation, my best effort. BTW, what are your results with fractal arrow?
Back to the topic… Let me show you how I see this:
http://postimg.org/image/bnbshr99l/
http://postimg.org/image/4r5yjam4b/
Very primitive, lets see if targets will be met except for the upper one.
EDIT: I still missed one line.
Ok, regrouped and reloaded I come again
Vlan, I’m not the policy of truth or its beholder, so I’m not stating mine is for real, it’s just my interpretation, my best effort. BTW, what are your results with fractal arrow? Back to the topic… Let me show you how I see this: http://postimg.org/image/bnbshr99l/ http://postimg.org/image/4r5yjam4b/ Very primitive, lets see if targets will be met except for the upper one. EDIT: I still missed one line.Sorry Rahat :) I was just sharing my interpretation.
Something like this??Good job, Wanderer. You’re the first to post a picture showing that you understand the simple concept. I guess I should also post a picture. Mine looks similar to yours, down to the DodgerBlue line. I’m a bit surprised more haven’t figured out this. It’s not really a secret, or new. I read about it years ago on another forum and in another context (Market Profile). Maybe that’s why it seemed self-evident when I first saw it on the picture. But I admit, I never did anything with it back then.It seems gg53 enjoys hinting and keeping everyone guessing. I guess it makes the thread interesting. But I believe in clarity over confusion :unsure:, and after 78 posts I think it’s time for a little clarity :scratch:, particularly since it costs me nothing to be clear . drloyd , this is a lesson that you should always trust your first instinct. You were right in your first post in this thread, even though gg53’s reply made it seem like you weren’t quite there. Always trust your first instinct.No problems, Vlan! Thanks for getting back on the arrow thing.
I’m not sure about the horizontal thing, truth is G hasn’t put forward the whole thing and maybe he left those out, he did say not every case is marked.
As of now the second line from below has been hit, and the way chart looks the lowest should be taken out as well. I hope G sees this and either draws a big red “X” on it or whispers it might be something in the right direction. Marking those lines I remembered Delicate Secret by Eurusdd, maybe I’ll cook up the indi for statistics to see if it has something in it, DD as alwyas a problem, like Patrick mentioned.
Ok, regrouped and reloaded I come again
Vlan, I’m not the policy of truth or its beholder, so I’m not stating mine is for real, it’s just my interpretation, my best effort. BTW, what are your results with fractal arrow? Back to the topic… Let me show you how I see this: http://postimg.org/image/bnbshr99l/ http://postimg.org/image/4r5yjam4b/ Very primitive, lets see if targets will be met except for the upper one. EDIT: I still missed one line.Sorry Rahat :) I was just sharing my interpretation.
It seems gg53 enjoys hinting and keeping everyone guessing.
Maybe a reincarnation of EURUSDD ?
But I believe in clarity over confusion, and after 78 posts I think it’s time for a little clarity, particularly since it costs me nothing to be clear.
Yes – the whole topic is still very cryptic in my perception. To be honest, I’m still struggling to find some real clue in this story, but anyway I’m interested. For me a topic gets to the point when a guy or a community starts to develop rules that can be transformed in indicators or EAs. Just my personal opinion.A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)
brainstorming… the close of the previous bar… as assumption, because even the close is something “standardized” considering a fixed timeframe… how could be correlated with the open of next bar?
reply to me, myself and I… correlation on 13000 and more bars is around 99.9913%… not 100
Yes – the whole topic is still very cryptic in my perception. To be honest, I’m still struggling to find some real clue in this story, but anyway I’m interested. For me a topic gets to the point when a guy or a community starts to develop rules that can be transformed in indicators or EAs. Just my personal opinion.Hi Simplex. I’ll quote the part of drloyd’s post that I thought was self-evident:
So the idea is that the close of the bar represents mis-pricing and the middle of the closed bar represents where price “wants” to be and where it will usually go?
So to be even more clear and explicit to answer @geminicz , yes (H+L)/2 is referred to as the “market sentiment” of the bar and when compared to the close price, you can see differences or a deviations from this “fair value” which again is defined as the midpoint of a bar’s range.
So now we can hopefully all get up to speed and on the same page with this idea and focus our collective efforts on application rather than just discovery. As I stated in my first post on this thread, after cursory testing by me, I found that there is a small edge to the multi-lot version of this idea which is a good sign for future development efforts.
Something like that?
I can see the “Close” and I can see the Channel and correlated movement.
Where are the contradiction points to accurately predict next price?
G.
Ok, regrouped and reloaded I come again
Vlan, I’m not the policy of truth or its beholder, so I’m not stating mine is for real, it’s just my interpretation, my best effort. BTW, what are your results with fractal arrow? Back to the topic… Let me show you how I see this: http://postimg.org/image/bnbshr99l/ http://postimg.org/image/4r5yjam4b/ Very primitive, lets see if targets will be met except for the upper one. EDIT: I still missed one line.Your first link is very very close to mine – containing some extra lines, which might be logical and accurate, but I need to check if valid.
G.
Something like this??FXEZ,
I don’t “enjoys hinting and keeping everyone guessing”…
I like to introduce a concept and let people THINK for themselves – not spoon-feeding them.
BTW: I don’t see the “next price” in your chart.
G.
So to be even more clear and explicit to answer @geminicz , yes (H+L)/2 is referred to as the “market sentiment” of the bar and when compared to the close price, you can see differences or a deviations from this “fair value” which again is defined as the midpoint of a bar’s range.
Thanks for clarifying, @FXEZ. Can it really be that simple to find a price that reflects ‘market sentiment’ or ‘nearly true value’. (H+L) / 2 is surely a possible attempt to get closer. The basic problem is, that the base values defining median price are bound to a specific timeframe.
Let’s assume that we will stay within a certain timeframe, say H1 is our choice for a certain strategy. Just an idea: what if we substitute (H+L)/2[H1] by (TOTAL( (H+L)/2[M1]) / 60) ? The result would still be defined in the H1 timeframe, but would reflect the price where the M1 Median Prices accumulated most of the time.
Never tried that, but would be simple to code. Won’t do it now, though, got to catch some sleep soon. Just posting a thought for now.
s.
A good trader is a realist who wants to grab a chunk from the body of a trend, leaving top- and bottom-fishing to people on an ego trip. (Dr. Alexander Elder)
No problems, Vlan! Thanks for getting back on the arrow thing. I’m not sure about the horizontal thing, truth is G hasn’t put forward the whole thing and maybe he left those out, he did say not every case is marked. As of now the second line from below has been hit, and the way chart looks the lowest should be taken out as well. I hope G sees this and either draws a big red “X” on it or whispers it might be something in the right direction. Marking those lines I remembered Delicate Secret by Eurusdd, maybe I’ll cook up the indi for statistics to see if it has something in it, DD as alwyas a problem, like Patrick mentioned.
Ok, regrouped and reloaded I come again
Vlan, I’m not the policy of truth or its beholder, so I’m not stating mine is for real, it’s just my interpretation, my best effort. BTW, what are your results with fractal arrow? Back to the topic… Let me show you how I see this: http://postimg.org/image/bnbshr99l/ http://postimg.org/image/4r5yjam4b/ Very primitive, lets see if targets will be met except for the upper one. EDIT: I still missed one line.Sorry Rahat :) I was just sharing my interpretation.
Very small DD, since it’s almost immediate, and no need for statistics.
No connection to “delicate secret” which you can uncover reading some books on fractals.
Later I’ll post a chart marked with bars that contain “contradiction” in them.
G.
Yes – the whole topic is still very cryptic in my perception. To be honest, I’m still struggling to find some real clue in this story, but anyway I’m interested. For me a topic gets to the point when a guy or a community starts to develop rules that can be transformed in indicators or EAs. Just my personal opinion.FXEZ,
Yes, HL/2 is a good enough answer, when there is a direction contradiction whithin the same bar. although there is (at least) one slightly better way (pips wise).
My way of exploiting it is by multi-lot trading, considering spread & slipage.
Writing an EA for this is just a couple of code lines.
G.
It seems gg53 enjoys hinting and keeping everyone guessing.
Maybe a reincarnation of EURUSDD ?
Thanks for the insult.G.Something like this??I used Typical Price (HLC)/3 on mine. There are probably better ways to do it..
Happy New Year. Many green pips to everyone this year.
Hi gg53, i am curious about your concept. Please can you throw more light. If you feel my questions will reveal too much of your findings you can ignore the particular question. 1. how do you determine the candle you find signal on? Is it every current candle close that has signal? 2. When do you place your trade? Is it imediately you find the signal on the close price? 3. How long can a trade hit target? And if it doesn’t, how do you cut your loss? 4. Can we categorise this as similarity/Disimilarity Level? 5. Is this related to the concept Diceman555 was talking about in http://www.ff.com/showthread.php?t=478671&page=38 thank you. I will post more question with the chat you posted later? dtlase1. I consider a candle that the sentiment (or “true” value) is in opposite direction to the Close. 2. Trade should be placed immediately on bars close that confirm #1. 3. Depends on TF, but almost always within just 1 or few bars. 4. No connection to the similarity/Disimilarity (which is just another fancy name for waves, in my opinion). 5. I’ll have to get bach with an answer on that. Haven’t read it yet. G.
Thanks gg53 for your effort and for the reply.
Please how do you filter your trade? I have been looking at this since 2 days and i still find some candle that has not reach target since 19th Dec.
Both candle met your first answer to my question. “” considering a candle that the sentiment (or “true” value) is in opposite direction to the Close“”
If you buy on the close of “A” the target is 1.22912 and if you buy at the close of “B” the target is at 1.22734.
I will open a demo devoted to this concept and see where it takes me in 2 weeks.
Thanks again.
dtlase
Hello all,
I do not trade binary option but i think this is a good strategy for those that trade BO.
Just my opinion.
dtlase
Happy New Year. Many green pips to everyone this year.
Hi gg53, i am curious about your concept. Please can you throw more light. If you feel my questions will reveal too much of your findings you can ignore the particular question. 1. how do you determine the candle you find signal on? Is it every current candle close that has signal? 2. When do you place your trade? Is it imediately you find the signal on the close price? 3. How long can a trade hit target? And if it doesn’t, how do you cut your loss? 4. Can we categorise this as similarity/Disimilarity Level? 5. Is this related to the concept Diceman555 was talking about in http://www.ff.com/showthread.php?t=478671&page=38 thank you. I will post more question with the chat you posted later? dtlase1. I consider a candle that the sentiment (or “true” value) is in opposite direction to the Close. 2. Trade should be placed immediately on bars close that confirm #1. 3. Depends on TF, but almost always within just 1 or few bars. 4. No connection to the similarity/Disimilarity (which is just another fancy name for waves, in my opinion). 5. I’ll have to get bach with an answer on that. Haven’t read it yet. G.
Thanks gg53 for your effort and for the reply. Please how do you filter your trade? I have been looking at this since 2 days and i still find some candle that has not reach target since 19th Dec. Both candle met your first answer to my question. “” considering a candle that the sentiment (or “true” value) is in opposite direction to the Close“” If you buy on the close of “A” the target is 1.22912 and if you buy at the close of “B” the target is at 1.22734. I will open a demo devoted to this concept and see where it takes me in 2 weeks. Thanks again. dtlase
Try ma (1) and find Diff direction on same bar.
Grasp the concept, and continue from there.
G.
Hi GG,
Just trying my luck again, so we get prediction from the following visual:
1) When the 2 lines cross each other to the next bar
2) When the 2 lines meet at the same point for the current bar
3) When the 2 lines are parallel with each other?
Scissors
Hi Everybody,
If we put dots, is it easier for visualization?
1st pic = price on open & close
2nd pic = price on close with hl/2 only
3 pic = price on close with hl/2 & high/low envelope
I feel price on open & close seems logical something like bulls & bears but I might be wrong. Pls help clarify my thoughts, thx.
sorry attach wrong pic earlier
-
This reply was modified 11 years, 3 months ago by .
-
This reply was modified 11 years, 3 months ago by .
I only know I know nothing
Skype: learnalways@outlook.comTry ma (1) and find Diff direction on same bar
GG, different direction on same bar? Do you mean situation when price line is up and median price is down and vice versa? And then trade the gap between lines?
Thank you, Sir and sorry for my english.
geminicz
-
This reply was modified 11 years, 3 months ago by
Actually gg does not see “short bodies”, as he use line-chart he see lines. And he see only the stright line between Close 1 and Close 2. Thus some part of the movement “get lost”. This is out of my understanding – how by the shape/or position of the line one could understand the direction the price actually is going. There should be something more to look at and compare with to understand the sentiment of the market. EURUSDD also used line-chart but he compared it with BB and stochastic… 
OR… may be it looks like SS?… but it seems that gg put these lines “by eye” without complicated calculations… 
Vlan, I’m not the policy of truth or its beholder, so I’m not stating mine is for real, it’s just my interpretation, my best effort. BTW, what are your results with fractal arrow? Back to the topic… Let me show you how I see this: 
Yes – the whole topic is still very cryptic in my perception. To be honest, I’m still struggling to find some real clue in this story, but anyway I’m interested. For me a topic gets to the point when a guy or a community starts to develop rules that can be transformed in indicators or EAs. Just my personal opinion.
- You must be logged in to reply to this topic.