@gg53
Active 4 years, 4 months agogg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
Ok, we went to the wilderness and watch a river flow. The National Park authorities put a sign stating that the river is 60 feet deep.
How do we figure out what’s the river-bed contour looks like? and what about some levels above the bottom, since it’s probably not just straight walls?
Ahhh, we have a Sonar. We built one in the previous few…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
Ok, we went to the wilderness and watch a river flow. The National Park authorities put a sign stating that the river is 60 feet deep.
How do we figure out what’s the river-bed contour looks like? and what about some levels above the bottom, since it’s probably not just straight walls?
Ahhh, we have a Sonar. We built one in the previous few…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
So after absorbing and understaning the above – here comes the practical side:
1. Price moves like water or rivers – you can read about it in Hurst’s work and my other postings on that subject. It means it flows where it’s easy and there is less obstacles.
2. Water/River flows according to the landscape beneath it. If you open a damm the water…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
So after absorbing and understaning the above – here comes the practical side:
1. Price moves like water or rivers – you can read about it in Hurst’s work and my other postings on that subject. It means it flows where it’s easy and there is less obstacles.
2. Water/River flows according to the landscape beneath it. If you open a damm thge water…[Read more]
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 6 months ago
Sampling rate is important in Ehlers MTF, and should be equaly spaced.
Something like M15-M30-H1 (which is x2 spaced), or M15-H1-H4 (which is x4 spaced).
G.
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 6 months ago
You should view some of his works in MTF, one on top of the other.
If you use 3 TF’s, you will see 3 different sine-like “waves” – and watch when they coincide.
G.
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 6 months ago
You should view some of his works in MTF.
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
On Video #42 (NFP):
The solution was already given…
Draw a channel, PRIOR to the news, on Gadi_OBV and enter a Buy/Sell Stop order.
G.
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 6 months ago
Check the EURJPY after the news. Same thing…
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
The “Channel” uses the RANGE (length) of a price bar, and not the choppy and chaotic OHLC.
It’s effective in all TimeFrames and doesn’t lag.
It’s also (or mainly) effective because it is based on a basic statistical concept: if two distributions doesn’t overlap, they can be considered different.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
In down-swing, some candles LOW is lower than the previous candles LOW in that swing, some are not.
But…
A candle LOW is always lower than all the previous candles HIGH, and this is the invariant for a down-swing.
If a candle breaks this rule, it starts an up-swing. It’s the basic nature of any bar-chart, so you don’t need parameters or ind…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
In down-swing, some candles LOW is lower than the previous candles LOW in that swing, some are not.
But…
A candle LOW is always lower than all the previous candles HIGH, and this is the invariant for a down-swing.
If a candle breaks this rule, it starts an up-swing. It is the base nature of any bar-chart, so you don’t need parameters or ind…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 6 months ago
In down-swing, some candles LOW is lower than the previous candles LOW in that swing, some are not.
But…
A candle LOW is always lower than all the previous candles HIGH, and this is the invariant for a down swing.
If a candle breaks this rule, it starts an up-swing. It is the base nature of any bar chart, so you don’t need any parameter or…[Read more]
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 6 months ago
Sorry, but we are NOT on the same page. I have no interest in this “method” or “investigation” or “research”.
I can count and specify many reasons, but I’ll explain just one:
Most, if not all, peaks & troughs are a simple overshoot of “fools money”, trying to follow and ride the previous, already finished trend.
And I can prove it…[Read more]
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 6 months ago
Attached is 29 Oct 2015 to 6 Nov 2015.
My choice of date range #1 is same as above.
My choice of date range #2 is also same as above.
I’m not in the proper mood to “Pass this verification” or any other “verifications” for that matter.
G.
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 6 months ago
Sorry, but I’m not into “following price” or its action.
Price is a “shadow”, or result, of other things (or causes).
G.
gg53 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 10 years, 6 months ago
Good to see you back here. We missed you !!
G.
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 6 months ago
Here’s a sample implementation:
The “rules” or recommendatio are completly wrong and in opposite direction.
The ABCD points resembles kind of Elliot & Fibonacci “patterns”, which in your other book, the author said:
…”Evidence Based Technical Analysis rejects all subjective, interpretive methods of Technical Analysis as worse than wrong, beca…[Read more]
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 6 months ago
Here’s a sample implementation:
The “rules” or recommendatio are completly wrong and in opposite direction.
The ABCD points resembles kind of Elliot & Fibonacci “patterns”, which in your other book, the author said:
…”Evidence Based Technical Analysis rejects all subjective, interpretive methods of Technical Analysis as worse than wrong, beca…[Read more]
gg53 replied to the topic The Scientific Method : MMLC (major move life cycle) v12 in the forum Trading Systems Discussion 10 years, 6 months ago
You are researching and posting this in many forums since at least 2011.
What’s your actual purpose in this?
G.
- Load More