Saver0 started the topic Nature of Markets – Randomness & Probability in the forum Trading Systems Discussion 10 years, 9 months ago
This is a continuation of “Nature of Markets – Power of Probability, Compounding & 1pip”
I want to expand on the nature of the markets and break it down further. This thread is all about the Randomness of the market.
I have read many threads and discussions at forexfactory where “big named” individuals stating that the forex market is not r…[Read more]
Saver0 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Really nice trading there GG!
How are the results looking?
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.
Saver0 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Excellent work nev!
Awesome trading there but I see you have been over trading
If you are able to make clear and good decisions every time then that’s great. There are literally at least 30-100 trades per day in EURUSD when trading on the tick chart. We can take comfort in knowing that all we need is 3-4 really good ones! This means avoid…[Read more]gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 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]Saver0 replied to the topic Transient & Recurrent Zones in the forum Trading Systems Discussion 10 years, 10 months ago
Let me try to clarify for you @Edington
There are 3 types of zones
1) (PZ) Potential Zone (that can be either RZ or TZ)
2) (RZ) Recurrent Zone
3) (TZ) Transient ZoneWhat you are betting on is a zone becoming recurrent. Almost all indicators that were made for this method only shows TZ (the failed zone, the one that failed to become recurrent).…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
I believe I uploaded this one ages ago in @FF…
G.
Saver0 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 10 months ago
No its not @blueface
It’s just a helper EA to make placing the 1 pip trader quicker and easier to see the TP levels.
Saver0 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
Thanks for sharing GG! The #2 is very interesting!
I have done a lot of work with triangulation but your approach at triangulation of comparing ROC instead of pure price actually might be way superior. I’m going to try and create an indicator to show ROC based triangulation differences and maybe there is an edge we can exploit!
Thanks again!

gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
It doesn’t matter on which TF you update, since M5 is accumulation of 5 M1.
The result will be the same, rhe only difference will be the rate of data updates.
Pip value depends on the currency pair and you can find that in marketinfo.
That info is only for reference value in order to make all pips translate to comon denominator in the currency total.G.
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