xux99 replied to the topic Stairstep Breakouts indicator and EA in the forum Trading Systems Discussion 10 years, 5 months ago
The trade management of the indicator is moderately accurate as it does not use M1 data. Additionaly the AutoOptimize feature uses an approximate method and does not test all possible combinations of settings. Incorporating them into the EA has no real advantage. The best solution is to optimize the expert advisor frequently using the backtester.
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 5 months ago
Relative Currency Strength, based on percent movement from previous sample, should sum up to “0”.
Absolute Currency Strength doesn’t require to sum up to “0”.
G.
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 5 months ago
Remember that when Currency Strength indicator is reliable, logical and properly coded, the total sum of all values (all 8 major currencies) should be “0”.
You can use that knowledge to further exploit a properly coded CS indicator by looking for ocassional deviations from that required “0”, and use its direction to your advantage.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
On True bar/Candle:
True Bar/Candle is where Gadi_OBV changes direction (red/yellow dot).
Calculate that Bar/Candle proportions (or Strength) and You’ll know the next TRUE bar direction (>90% probability).
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
True bar/Candle:
True Bar/Candle is where Gadi_OBV changes direction (red/yellow dot).
Calculate that Bar/Candle proportions (or Strength) and You’ll know the next TRUE bar direction (>90% probability).
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
On True Bars/Candles and Market Sentiment:
By now you should have an indicator that shows “channels”, one within the other (based on the picture in post #9085).
Since we know that the water level increases when water amount increase (Volume – range extended),
and we know what was the water level at “normal” water amount,
and we know that there…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
On True Bars/Candles and Market Sentiment:
By now you should have an indicator that shows “channels”, one within the other (based on the picture in post #).
Since we know that the water level increases when water amount increase (Volume – range extended),
and we know what was the water level at “normal” water amount,
and we know that there is…[Read more]
MTH2014 replied to the topic MTH – Star Skull and Smiley Indicator (lite version) in the forum Indicator discussion 10 years, 5 months ago
Hi Brother, maybe this picture could help further..

Have a nice week end and best regards
MTH
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
For me, when something “means nothing” it’s simply ignored… doesn’t exist… not there… NADA…
But your previous argument stated its importance as “wait for close”, “every indicator is based on close”… etc.
But let’s close this argument.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
There is no “X close” in the “river profile”. read again…
It uses the range (max/min) which are the only true facts within that TF.
My “R” statistical tests, on milions samples, on every std indicator showed no significant results. And there are others that also confirmed that.
“Enter on bar close”, “candle patterns”, etc. – requires real…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
There is no “X close” in the “river profile”. read again…
It uses the range (max/min) which are the only true facts within that TF.
My “R” statistical tests, on milions samples, on every std indicator showed no significant results.
“Enter on bar close”, “candle patterns”, etc. – requires real account proof. Haven’t seen one…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
I see that you edited your reply multiple time after I responded to your original post.
Feel free to make your own “spot easy” calculations and indies on whatever you want and use it to maximize your profits.BTW: there is no such thing as price “Close” in my vocabulary or my FX market understanding.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
SSS is not mine, and never mentioned here by me. EURUSDD’s posts wasn’t mentioned here by me, nor any reference to him.
I also never refered to any of the “symbols” and their meaning.
Also, I never stated that “indi contains subsequence analyses” – since there is no “indi” posted here by me.
G.
MTH2014 changed their profile picture 10 years, 5 months ago
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
From where exactly did you got the idea that this thread is about “fast profit” or entry points?
You can find fast & sure entries and low DD at another thread, such as the “1 pip…” + live account results.
G.
gg53 changed their profile picture 10 years, 5 months ago
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
You are more than welcome to do so !!
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
There is a direct correlation between the amount of water (Volume) and the water level (height).
The more water comes into the river cross-section “contour” – the further it deflects from the dominant “channel”.
As the water amount reduces – the river water level is reduced and tend to follow previous “contour” and toward the previous level or…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Where all “Rivers” wants to go…
Center rectangle is the dominant “channel”, and not necessarily in the geometric center.
Each “channel” is important, as water must flow through each one when converging.
The further the water flow from the dominant channel – the stronger the flow and turbulance will be toward the center channel.
Just watch…[Read more]
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Where all “Rivers” wants to go…
Center rectangle is the dominant “channel”, and not necessarily in the geometric center.
Each “channel” is importat, as water must flow through each one when converging.
The further the water flow from the dominant channel – the stronger the flow and turbulance will be toward the center channel.
Just watch…[Read more]
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