gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 8 months ago
GOOD Currency-Strength indie should include a factor for the specific currency share in the market.
Also, it should NOT include synthetic pairs in it’s calculation (reasoning explained somewhere else in this forum).
MA’s (if used) should be replaced by an adaptive means (Ehlers and others).
Indicator should include DYNAMIC Overbought/Oversold…[Read more]gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 8 months ago
GOOD Currency-Strength indie should include a factor for the specific currency share in the market.
Also, it should NOT include synthetic pairs in it’s calculation (reasoning explained somewhere else in this forum).
MA’s (if used) should be replaced by an adaptive means (Ehlers and others).
Indicator should include DYNAMIC Overbought/Oversold…[Read more]gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 8 months ago
GOOD Currency-Strength indie should include a factor for the specific currency share in the market.
Also, it should NOT include synthetic pairs in it’s calculation (reasoning explained somewhere else in this forum).
MA’s (if used) should be replaced by an adaptive means (Ehlers and others).
Indicator should include DYNAMIC Overbought/Oversold…[Read more]gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 8 months ago
GOOD Currency-Strength indie should include a factor for the specific currency share in the market.
Also, it should NOT include synthetic pairs in it’s calculation (reasoning explained somewhere else in this forum).
MA’s (if used) should be replaced by an adaptive means (Ehlers and others).
Indicator should include DYNAMIC Overbought/Oversold…[Read more]gg53 replied to the topic Forex Prediction – Science & Logic in the forum Development 10 years, 8 months ago
Alpari UK went bankrupt after the SNB stop it’s support of EURCHF @1.20 …. ;-}
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 8 months ago
Send my regards to NVP, a good friend of mine.
It’s a good indicator, although I don’t like the use of MA’s as a leading indicator.
It’s better to rely on other means when building indicators.
G.
gg53 replied to the topic NFP – amusement in the forum General Discussions 10 years, 8 months ago
There are quite a few posts about that behaviour in the intro to Gadi_OBV (@FF) and the later ForexGT_Activity indicator – with trading samples and screen-shots on how to identify and avoid those “traps”.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
Another week passed (I won’t be near my PC tomorrow to report) and the results are still consistent (real, live account):
Profit trades: 96.43%, DD: 0.07%
4 currency-pairs, starting from 28 July, 2015 = 30.1% account increase
After analysis of the 3 “loosing” trades I found out that they are all winning trades, but the increased spread k…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
Another week past (I won’t be near my PC tomorrow to report) and the results are still consistent (real, live account):
Profit trades: 96.43%, DD: 0.07%
4 currency-pairs, starting from 28 July, 2015 = 30.1% account increase
After analysis of the 3 “loosing” trades I found out that they are all winning trades, but the increased spread killed t…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
Another week past (I won’t be near my PC tomorrow to report) and the results are still consistent (real, live account):
Profit trades: 96.43%, DD: 0.07%
After analysis of the 3 “loosing” trades I found out that they are all winning trades, but the increased spread killed the profit. I’ll fix that in coming version.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
Another week past (I won’t be near my PC tomorrow to report) and the results are still consistent (real, live account):
Profit trades: 96.43%, DD: 0.07%
After analysis of the 3 “loosing” trades I found out that they are all winning trades, but the increased spread killed the profit. I’ll fixed that in coming version.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
Yeah, that’s me and my voice (trades) some years ago… in Hebrew…
Indies have changed and improved since – but the concepts remains the same.
The only predictive indies in Forex are based on Currency-Strength and Volume (Ticks) and their derivatives.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
Yeah, that’s me and my voice some years ago… in Hebrew…
Indies have changed and improved since – but the concepts remains the same.
The only predictive indies in Forex are based on Currency-Strength and Volume (Ticks) and their derivatives.
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
Latest EA results – 96.1% win rate, 0.07% DD, Live trading, real acct:
24% account increase, 1 Month, 77 trades.
3 pips trailing, Major pairs only, exit if not in profit within 4 bars.
Where NOT to trade:
1. Consolidation: Gadi_OBV (or more advanced version or similiar)
2. Extremes: Daily High/Low – (3x Trailing)
3.
What to trade:
1.…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
Latest EA results – 97.8% win rate, 0.07% DD, Live trading, real acct:
24% account increase, 1 Month, 77 trades.
3 pips trailing, Major pairs only, exit if not in profit within 4 bars.
Where NOT to trade:
1. Consolidation: Gadi_OBV (or more advanced version or similiar)
2. Extremes: Daily High/Low – (3x Trailing)
3.
What to trade:
1.…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
Latest EA results – 97.8% win rate, 0.07% DD, Live trading, real acct:
3 pips trailing, Major pairs, exit if not in profit within 4 bars.
Where NOT to trade:
1. Consolidation: Gadi_OBV (or more advanced version or similiar)
2. Extremes: Daily High/Low – (3x Trailing)
3.
What to trade:
1. Strong vs. Weak – Gadi_Currencies (or more advanced…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
Latest EA results – Live trading, real acct:
3 pips trailing, Major pairs, exit if not in profit within 4 bars.
Where NOT to trade:
1. Consolidation: Gadi_OBV (or more advanced version or similiar)
2. Extremes: Daily High/Low – (3x Trailing)
3.
What to trade:
1. Strong vs. Weak – Gadi_Currencies (or more advanced version)
2. Currency above…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
nev,
This IS a 1 pip compounding method, with my indies which are not “legacy”. It’s an auto EA and not “traders discretion”.
Ability to read & understand at the same time seems like a rare quality…
The building blocks are the same as in “Killing Zone”:
When NOT to trade (consolidation, extremes, etc.)
WHAT to trade (selecting the…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
nev,
This IS a 1 pip compounding method, with my indies which are not “legacy”. It’s an auto EA and not “traders discretion”.
Ability to read & understand at the same time seems like a rare quality…
The method is the same as “Killing Zone”:
When NOT to trade (consolidation, extremes, etc.)
WHAT to trade (selecting the most probable…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 8 months ago
nev,
This IS a 1 pip compounding method, with my indies. It’s an auto EA and not “traders discretion”.
The method is the same as “Killing Zone”:
When NOT to trade (consolidation, extremes, etc.)
WHAT to trade (selecting the most probable pair to yield quickly that small profit and not using same pair all the time)
WHEN to trade (exact entry…[Read more]
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