@Saver0: If you’d have more time I’d be happy to read more from you – for instance on the prizes with higher recurrence than others …

Very interesting @saver0, thanks for this   One question: At your example, “translating” of percentage to fixed money amount ($5 TP & $6 SL in this example), is it including the Commission, Spread, Swap, etc ?

@simplex: It is based on a constant lockback period but it doesn’t repaint the upper limit (highest high) if it decreases and also not the lower limit (lowest low of period) if it increases. You’ll see what I mean if you try to overlay both images … But surely – I’m not sure if it is better. I just like to start a discussion on it.

@Saver0:…[Read more]

@simplex: It is based on a constant lockback period but it doesn’t repaint the upper limit (highest high) if it decreases and also not the lower limit (lowest low of period) if it increases. You’ll see what I mean if you try to overlay both images …

@Saver0: Thank you that much – will follow!

The era of Eurusdx seems to be over.

@simplex: It is based on a constant lockback period but it doesn’t repaint the upper limit (highest high) if it decreases and also not the lower limit (lowest low of period) if it increases. You’ll see what I mean if you try to overlay both images …

@Saver0: Thank you that much – will follow!

@Saver0:

What you saw is how NZD news affects GBPUSD. The ratios of the price change between NZDUSD and GBPNZD and GBPUSD should give an indication as to the “value” of NZD priced into GBPUSD.

Interesting thought. If we follow up on this, let’s not forget that the strength of bonding (economic, political, …) between any two currencies will als…[Read more]

@LittleCaro:

I guess you’re referring to threads @Saver0 started: here and here. I also failed to find it using forum search, but asking Mr. & Mrs. Google showed me the way.

s.

@LittleCaro:

I guess you’re referring to threads @Saver0 started:

http://penguintraders.com/forums/topic/nature-of-markets-power-of-probability-compounding-1pip/

http://penguintraders.com/forums/topic/nature-of-markets-randomness-probability/

I also failed to find it using forum search, but asking Mr. & Mrs. Google showed me the way.

s.

Ok. Let’s assume we’re working on M15, and the total tickvolume of a certain bar has the value V. If your assumption (I don’t call it an approximation, for it’s a simple averaging) were correct, then every single M1 bar which are engulfed by the M15 bar in question has to have more or less equal volume of  V / 15 .

Can you really show me such…[Read more]

Sorry to hear that bro … i have also blown up my 3 (of 5) accounts, which is around 68% of my capital. It was very painful and i was down …
I realized that it was my fault: bad money management, greedy, etc … I have around 80% profit in 4 days, and got margin call at the next day …
But the show must go on. I think just take a…[Read more]

Ok, convenient party chat here, I like that!

But for real action wouldn’t it be better to place specific suggestions over there http://penguintraders.com/forums/topic/please-provide-suggestions/ ?

For me, personally, a possible restructuring of the forum wouldn’t be a top priority. Ask 6 guys about how the structure of this site should be,…[Read more]

Don’t forget that indicator is in early stage of development.

Personally i strongly believe that Saver0 have something strong, we all wait for an indi like that ! Brilliant work !

Don’t forget that indicator is in early stage of development.

Personally i strongly believe that Saver0 have something strong, we all wait for an indi like that !

@Saver0 Thanks for the explanation! I have put in about 2000 hours in the past 2 years or so, so I think I am on the right track! haha. I think there is much to learn from someone who has better technical ability (coding) and hours than I do. I’m working on optimization and creating a dashboard for my current work that is based on the assumption…[Read more]

Hey @Saver0, thanks for the numbers. Before I get into some of the other things I’ve been working on, I do have a question about the second half of what you wrote. Echoing @Rahat Lukum, concerning “directionless bias”, don’t PTZs have a directional bias? The universal number seems to be about 82-87%. That is, if I am looking at a PTZ on eurusd 1hr…[Read more]

Could you please show a screenshot?