Please check your statistics…

Adding another pack of card doesn’t change the odds at all!

If your odds for a pack of cards is 51% then the odds for 100 packs it’s still 51% ! it’s just more difficult to keep track.

As to Forex, don’t calculate the odd that are in your hand, but the odds that are still in the “pack”.

G.

Please check your statistics…

Adding another pack of card doesn’t change the odds at all!

If your odds for a pack of cards is 51% then the odds for 100 packs it’s still 51% ! it’s just more difficult to keep track.

As to Forex, don’t calculate the odd that are in your hand, but the odds that are still in the “pack”.

G.

Your opening statement is quite true, EXCEPT one game – Black Jack (21).

In this game the odd are in your (gambler) favor – if you know how to count cards (51%/49%) and increasing. There are some movies about that.

That’s why casino’s introduced multi-packets shuffling – to make it harder, but it doesn’t change the statistical odds.

In…[Read more]

The whole purpose of this thread wasn’t “how to get quick pips”, but to show how efficient is knowing “true price”, “fair price” or “market sentiment” – call it whatever you like.

The main point was to ask yourself where price SHOULD be relative to were it is NOW.

This small demo is the tip of an iceberg.

Please don’t confuse “market…[Read more]

6th bar is valid too. I just marked bars for illustration of the concept, not all possible trades.

G.

To enter such a trade you need: potential Profit-Costs>0.

G.

I didn’t say Median or HL/2 – there is at least one better way (pips wise).

But HL/2 will do the work of demonstration.

In the attached chart – “close” and “sentiment” are in opposite directions on the same bar – so NEXT bars will meet the current bar “SENTIMENT” price.

G.

I didn’t say Median or HL/2 – there is at least one better way (pips wise).

But HL/2 will do the work of demonstration.

In the attached chart – “close” and “sentiment” are in opposite directions – so NEXT bars will meet the current bar “SENTIMENT” price.

G.

Search for bars where the ma’s CLOSE is in opposite direction.

G.

Try ma (1) and find Diff direction on same bar.

Grasp the concept, and continue from there.

G.

Try ma (1) and find Diff direction on same bar.

G.

Thanks for the insult.
G.

A link-back and not sharing here original code from SteveHopwood is a good and acceptable idea.

References to original code should be in a form of links to origin.

G.

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.