gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
By feeding ticks to “R” software.
I think that MT4 is limited to 4 Ticks/sec. – You can get it from LMAX, or some of cTrader brokers (cTrader is used only on true ECN/STP brokers).
If you’re getting constant ticks/sec – forget about getting meaningfull results. You either got a slow PC, Slow internet connection, or slow Broker (not true EC…[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
This may not came from SSS Indicator..
When you try new indicator, maybe better if you clear all charts in your MT4, and open only single plain chart and load the new indicator to that chart..
MTH
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, do you already copy and paste the indicator and ‘her’ library, through File/OpenDataFolder menu option ? and then right click on navigator subwindow and select ‘Refresh’ menu (or reload your MT4).
Best Regards
MTH
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Your broker probably block trading during announcements/News and/or open huge spread.
In any case – today’s ECB announcement probably “leaked” or known before to financial institutions.
See the breakout timing on the ForexGT_VolumeOsc (vertical line).
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
It’s an histogram of Ticks accumulation per bar (considering (+) or (-) price up or down).
BLUE if price moves above previous bar Close.
Red if price moves below previous bar Close.
White for Doji or engulfed by previous bar, i.e. insignificant price move.
Since Histogram does not retrace, you can enter trades when Volume >= its av…[Read more]
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
It’s an histogram of accumulation of ticks per bar (considering (+) or (-) price up or down).
BLUE if price moves above previous bar Close.
Red if price moves below previous bar Close.
White for Doji or engulfed by previous bar, i.e. insignificant price move.
Since Histogram does not retrace, you can enter trades when Volume >= its a…[Read more]
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
It’s an accumulation of ticks per bar (considering (+) or (-) price up or down).
BLUE if price moves above previous bar Close.
Red if price moves below previous bar Close.
White for Doji or engulfed by previous bar, i.e. insignificant price move.
G.
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
Off topic:
ECB announcement today.
ECB will probably ease policy (QE) which will send EUR down.
The question is not IF but HOW. Draghi is known for agressive moves, but he’s not alone…
On top of that we got the Unemployment Claims (USD) roughly at the same time.
So watch out and be prepared…
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Watch out !!
ECB major announcement today (EUR), together with Unemployment Claims (USD), roughly at the same time.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
You can even increase the winning rate if you use SESSION AVERAGE instead of the naive one used in current indicator (i.e. London, London+NY, NY, Asian Sessions).
That was suggested long time ago, again with no productive feedback or contribution, as usual…
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
You can even increase the winning rate if you use SESSION AVERAGE instead of the naive one used in current indicator.
That was suggested long time ago, again with no productive feedback or contribution, as usual…
G.
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
No, it’s not in the database.
“Meaningfull average” is being either adaptive average or relative to its TF.
Using fixed “10” as an average (just an example) is not meaningfull if you are using M5 or M15. What is meaningfull about 50 minutes or 150 minutes? nada…
If you think that 1 hour is meaningfull (just an example) then you should use…[Read more]
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Volume (or Ticks in FX) is leading. I did the cross correlations studies ages ago, but please do it yourself to be convinced.
Volume by itself can’t be profitable, because it doesn’t tell you by how much the price will rise/fall and for how long.
You’ll always need some combined Volume/Price added indicator with pure Volume indie.
G.
gg53 replied to the topic True Bars/Candles and Market Sentiment in the forum Trading Systems Discussion 10 years, 5 months ago
Although you got some bugs, you can surely see the very high winning rate of the single Volume strategy.
You can even increase that high winning rate by putting the dot at the exact price, inside the bar, even before the bar closes, when Volume>= its avg.
Good job !!
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
My trading style is parts of classical VSA with some enhancements and a “Twist”…
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
EURUSD is in DownTrend, so we look for shorts only on Peak areas.
To PinPoint the most probable bar we use the ForexGT_VolumeOsc.
See attached on both M1 & H4 (just to show it’s working on both short & long TF’s).
G.
MTH2014 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Please forgive me for my noob question, don’t you think some of you just reinventing VSA ?

MTH
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
Haven’t seen your code logic, but it seems that you are chasing the Volume increase.
The ForexGT_VolumeOsc high-volume areas proves exactly the opposite.
G.
gg53 replied to the topic Filtering by Volume in the forum Trading Systems Discussion 10 years, 5 months ago
You can see rough description of the ForexGT_VolumeOsc in my last post @”Trading made REALLY Simple” thread.
G.
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 5 months ago
Peaks & Troughs indicator is purely price range based.
The ForexGT_VolumeOsc is just to pinpoint (when extended beyond the 80% range) the exact bar in that area for entry.
Its Volume is plus or minus according to price median movement (up or down from previous).
It is based on the relation of that Volume meaningfull average against actual…[Read more]
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