gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
Focus on where NOT to trade!
Using Currency-Strength:
Use only non-digital Currency-Strength indicator – you need to see direction and not only numbers.
Buy signal is when Currency A is above 0 and rising while Currency B is below 0 and falling.
The above signal should be supported by some kind of volume increasing indicator as supporting…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
Focus on where NOT to trade!
G.
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
The MAIN key to this 1 pip strategy is not price-action, but identifying Trending market with high probability, and at the same time avoiding High/Low zones.
Basically, the most important thing in this 1 pip strategy is when NOT to trade…
I’m currently using separate indicators for Trending AND for Ranging identification, and trade only…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
The MAIN key to this 1 pip strategy is not price-action, but identifying Trending market with high probability, and at the same time avoiding High/Low zones.
Basically, the most important thing in this 1 pip strategy is when NOT to trade…
I’m currently using separate indicators for Trending AND for Ranging identification, and trade only…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
The MAIN key to this 1 pip strategy is not price-action, but identifying Trending market with high probability, and at the same time avoiding High/Low zones.
I’m currently using separate indicators for Trending AND for Ranging identification, and trade only when Trending=TRUE and Ranging=FALSE, thus doubling the probability of entering in…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
The MAIN key to this 1 pip strategy is not price-action, but identifying Trending market with high probability., and at the same time avoiding High/Low zones.
I’m currently using separate indicators for Trending AND for Ranging identification, and trade only when Trending=TRUE and Ranging=FALSE, thus doubling the probability of entering in…[Read more]
gg53 replied to the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
The above is not a proof of random…
1. You are trading NOISE.
2. Bar open from previous open contains some degree of the “trend”, and by trading from “Open” to next “Open” you are “considering” part of the “trend”.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Try 144 ticks bars to distinguish chop vs. trending market.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
ForexGT_Spaghetti & ForexGT_TickVolume are made by me and are not for share.
You can find similiar, older versions, in the (late) “Killing Zone” thread @FF – Gadi_Currencies & Gadi_TickVolume.
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
Again, I fail to see the issue…
The “Crossing” means nothing, only the relative movement of one pair in relation to the other.
Your signal, in the EURUSD & GBPUSD overlay case, is when GBPUSD is going UP/DOWN while the EURUSD stays flat or going in the opposite direction.
The logic behind trading the overlay is to neutralize the USD and…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
Again, I fail to see the issue…
The “Crossing” means nothing, only the relative movement of one pair in relation to the other.
Your signal, in the EURUSD & GBPUSD overlay case, is when GBPUSD is going UP/DOWN while the EURUSD stays flat or going in the opposite direction.
The logic behind trading the overlay is to neutralize the USD and…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
Again, I fail to see the issue…
The “Crossing” means nothing, only the relative movement of one pair in relation to the other.
Your signal, in the EURUSD & GBPUSD overlay case, is when GBPUSD is going UP/DOWN while the EURUSD stays flat or going in the opposite direction.
The logic behind trading the overlay is to neutralize the USD and…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
Again, I fail to see the issue…
The “Crossing” means nothing, only the relative movement of one pair in relation to the other.
Your signal, in the EURUSD & GBPUSD overlay case, is when GBPUSD is going UP/DOWN while the EURUSD stays flat or going in the opposite direction.
The logic behind trading the overlay is to neutralize the USD and…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
Again, I fail to see the issue…
The “Crossing” means nothing, only the relative movement of one pair in relation to the other.
Your signal, in the EURUSD & GBPUSD overlay case, is when GBPUSD is going UP/DOWN while the EURUSD stays flat or going in the opposite direction.
The logic behind trading the overlay is to neutralize the USD and…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
Again, I fail to see the issue…
The “Crossing” means nothing, only the relative movement of one pair in relation to the other.
Your signal, in the EURUSD & GBPUSD overlay case, is when GBPUSD is going UP/DOWN while the EURUSD stays flat or going into the opposite direction.
The logic behind trading the overlay is to neutralize the USD and…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Here are the results on live account of last ~2 days. Without Lots compounding.
Logic is based on ForexGT_Spaghetti (Currency strength) and ForexGT_TickVolume indies.
Main targets are minimal time in market (currently most trades are closed within few M15 bars) and minimal DD (currently 0.03%).
Only one open trade per currency pair, fixed 3…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Here are the results on live account of last ~2 days. Without Lots compounding.
Logic is based on ForexGT_Spaghetti (Currency strength) and ForexGT_TickVolume indies.
Only one open trade per currency pair, fixed 3 pips trailing stop, 24/5 hrs trading.
Currently running backtest for one year. Although not indicative, it will show problematic…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Here are the results on live account of last ~2 days. Without Lots compounding.
Logic is based on ForexGT_Spaghetti (Currency strength) and ForexGT_TickVolume indies.
Only one open trade per currency pair, fixed 3 pips trailing stop, 24/5 hrs trading.
Currently running backtest for one year. Although not indicative, it will show problematic…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
I’m not sure that I understood you, but I’m limiting the display to the last xxx bars. In my case the overlay is limited to last 300 bars.
I have no problem of displaying 4 different overlays on a single chart.
This is usually done to catch and pinpoint single currency movement.
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
By scaling:
“symbol_name” is the overlay currency pair.
double max_scale=iClose(symbol_name,0,1);
double min_scale=iClose(symbol_name,0,1);
double max_scale2=Close[1];
double min_scale2=Close[1];
while(k>=0)
{if (max_scale<iClose(symbol_name,0,k)) max_scale=iClose(symbol_name,0,k);
if (min_scale>iClose(symbol_name,0,k))…[Read more]- Load More