Ok, here we go.

Please remember that this is a preliminary and purely experimental indicator – to be continued and extended (hopefully!).

All we have now is plain volume (in ticks per minute) and an average, in particular my version of an FIR filter based on John F. Ehlers’ publications. At the moment, the details of this filter are not…[Read more]

Ok, here we go.

Please remember that this is a preliminary and purely experimental indicator – to be continued and extended (hopefully!).

All we have now is plain volume (in ticks per minute) and an average, in particular my version of an FIR filter based on John F. Ehlers’ publications. At the moment, the details of this filter are not…[Read more]

Yes …

I’m aware of that fact – thanks!

s.

 This is just what I was considering an hour ago or so for higher timeframes:

Dividing all volume tick counts by Period() will easily show ticks per minute. It’s so obvious as a first linear step towards normalization that I’m amazed I didn’t see it earlier.

Now for M1 and ‘below’ I’ll post a low end prototype for extrapolating volume…[Read more]

 This is just what I was considering an hour ago or so for higher timeframes:

Divide all volume tick counts by Period() will easily show ticks per minute. It’s so obvious as a first linear step towards normalization that I’m amazed I didn’t see it earlier.

Now for M1 and ‘below’ I’ll post a low end prototype for extrapolating volume at…[Read more]

Just realized, your video are amazing … thanks a lot Pip …

Sorry to know that. It is a big lost for penguins … but i can understand your decision, G. Thank you very much for all of your generosity, time and good heart
Hope you can visit us some day ….

@Anti: Wow – great committment – thanks for that!

I know such nights: welcome to the club!

Your results are interesting, and not surprising:

r(a) << r(b) and r(a) << r(c) indicates clearly that relying in close prices alone (like many traders do) is not a good idea
r(b) < r(c) provides a rather weak indication that close prices are not…[Read more]

And this is a broker’s voice when it comes to W10 compatibility:

Seriously though, we have been advising clients not to upgrade to Windows 10 at the moment. Some clients said it’s been working fine, others say there’s certain parts that don’t work and then others the program won’t even open.

Basically, proceed with caution.

(Jeremy, Global…

[Read more]

Hmm – after finding this one my recent question about MT4 / W10 compatibility seems a bit out of date:

Microsoft slips user-tracking tools into Windows 7, 8 amidst Windows 10 privacy storm

s.

One year later now!

Just stumbled upon your post and took the freedom to rebuild your pic. Blue dashed line shows the the position of your last years actual weekly bar. So far for the ‘predictive’ nature of trendlines.

s.

Hi coders!

After the latest forced MT4 update to build 910 MT4 compiler is nagging with new warnings in strict compile mode when using structures. Excerpts from my code:

struct LOC_CURRENCY_VALUE {       // extreme currency values structure
int idx;                        // currency index
double val;                     // extreme value…[Read more]

Only one more, this one is too good to be missed: Seventeen Trade Methods That I Don’t Really Understand

Excerpt:

When I started with technical trading, I felt like entering the medieval alchemist scene. A multitude of bizarre trade methods and hundreds of technical indicators and lucky candle patterns promised glimpses into the future, if only o…

[Read more]

And another one from the very same blog: White’s Reality Check

Their conclusions as an appetizer for further reading:

None of the 10 tested low-lag indicators, and none of the 3 tested markets shows significant positive expectancy with trend trading.
There is evidence of a trend effect in currencies and commodities, but it is too weak or too i…[Read more]

Interesting article about forward tests, backtests, and most of all difference between test and live results: The Cold Blood Index

Worth reading, IMO, though based on a different platform (Zorro Trader, not MT).

Usually it’s rather simple to migrate Zorro Scripts to MQL and vice versa, because both are C based.

s.

Great:

Just now that we’re chatting here a newsletter dropped in pointing me there: Better Tests with Oversampling

Not exactly our topic, but interesting aspects to consider.

s.

Yeah – that’s what I wanted to hear:

Ding et al. – Association of Coffee Consumption with Total and Cause-Specific Mortality in Three Large Prospective Cohorts

From their abstract:

Compared to non-drinkers, coffee consumption one to five cups/d was associated with lower risk of mortality, while coffee consumption more than five cups/d was not…

[Read more]

Yeah – that’s what I wanted to hear:

Ding et al. – Association of Coffee Consumption with Total and Cause-Specific Mortality in Three Large Prospective Cohorts

From their abstract:

Compared to non-drinkers, coffee consumption one to five cups/d was associated with lower risk of mortality, while coffee consumption more than five cups/d was not…

[Read more]

I have no stats about that topic – might be interesting to generate some.

(a) From purely visual perception I would say that an increased probability of a trend / swing change exists when volume rises above short term average.

(b) On the other hand: boost of a current trend / swing can also be escorted by a sudden rise of volume.

How to…[Read more]

I have no stats about that topic – might be interesting to generate some.

From purely visual perception I would say that an increased probability of a trend / swing change exists when volume rises above short term average.

On the other hand: boost of a current trend / swing can also be escorted by a sudden rise of volume.

How to identify both…[Read more]