On the current time frame suppose we get a true  DOWN candle close and we now have a true UP candle forming, if this candle comes with above average volume and the higher time frame trend is UP the results are reasonably predictable. I do not believe there is a strategy here but what is does give us is a better overall picture of the chart in…[Read more]

“A hedged grid made of limit orders can only be profitable as long as the market stays in a well-defined range …”

The question is, can’t we take advantage from it? For instance, we could define that range and will only use a hedging strategy whenever prize is inside that range?

“… and prices will return to the center reliably, and a hedged…[Read more]

Once I’ve thought that hedging would be the solution for everything. My strategy was simple:

Open two positions at the same time, one long and one short (regardless any strategy).
Wait until one position reached your profit traget (e.g. 50 pips).
Close the trade that reached the target.
Open a new trade in the same direction of the trade…[Read more]

Anti, no I do not use OBV anymore but I do like to try and expand the brain (of what little I have) and play with old/new ideas

And yes always a worry with MT4 updates if you do not have the source (personally I like tomato)

Pip

Good points Simplex, video required a comparison –  hedging vs SL – very interesting area that

Hedge strategy – reversal of entry method ?? though there are lots of variables there and it has to be carried out in the correct place or you could end up with a loss (video required)

Birth of an interesting thread  ??????

@Pipatronic: Is that the system you’re working on recently? If so, I’d either try to reconstruct and recode GGs OBV divergence indicator or I’d ask GG if you could get a mql4 copy of it. If you don’t have the mq4 file you could one day be confronted with a no longer working indicator …

A very interesting paper and I think that PipMeUp made some good conclusions. I think he’s right with all scenarios.

Nevertheless, I believe that the risk/reward calculation is only half the truth. IMHO the risk-reward ratio is not fixed as it is usually discussed as this would imply same probabilities for moving up and down at any point in time.…[Read more]

Side note, sorry if it is slightly of course but hedging for me is the answer to SL, material for another video

I will have a read over this as I am trying to put together my first EA and MM/RM/EM is as I am sure all agree rather important so there may some relavant material in there, thank you Simplex

water volume over river bank

water volume over river bank

Now put zig zag on (channels water ?), just for illustration as zig zag very laggy

Now put zig zag on (channels water ?), just for illustration as zig zag very laggy

just did a comparison between red dot yellow dot (as in video ) vs clear method candles – more predictive vs lagging ?

just did a comparison between red dot yellow dot (as in video ) vs clear method candles – more predictive vs lagging ?

Jo, I am sure it will be the same but for anyone else here is a lnk

https://www.mql5.com/en/code/10623

Video 52 currency strength how to pick the best pair to trade

Video 52 currency strength how to pick the best pair to trade

currently being uploaded

Anti, good post and excellant example

Jo do you know about clear method candles ?