gg53 replied to the topic Perfect Entry or "Perfect Trader"? in the forum Development 11 years, 1 month ago
Every position that I take have an alternative StopLoss in the form of hedging.
Invest in a method of getting out of an hedging position with minimal profit or BE. It works for me.
When price hits SL – It’s a definite LOSS.
When you are hedging – your money is still in the “game” and you can recover with at least BE.
G.
gg53 replied to the topic Perfect Entry or "Perfect Trader"? in the forum Development 11 years, 1 month ago
There is another way:
Instead of StopLoss – use hedging.
That’s what I’m using – but it’s not a simple method and quite difficult and requires experience to get out of such hedging.
As to pi & its skew – related to lot SIZE and trade scaling – that’s what I mentioned in the first post (scaling position size). A feature that is ignored by most…[Read more]
gg53 replied to the topic Perfect Entry or "Perfect Trader"? in the forum Development 11 years, 1 month ago
Take this statement, although true, with a grain of salt…
Professional money managers and hedge fund managers are bound to some stupid indexes – in order to measure their “risk level”.
So if they outperform their relative index – they will lose customers because the relevant rating agencies will mark them as “high risk”…
Stupid, but…[Read more]
gg53 replied to the topic Perfect Entry or "Perfect Trader"? in the forum Development 11 years, 1 month ago
Don’t “listen” to me… listen to this (math professor):
G.
gg53 replied to the topic Perfect Entry or "Perfect Trader"? in the forum Development 11 years, 1 month ago
Points #1 & #2 are not needed for this project.
The idea is to take the process of trading AFTER we got some Entry signal, and to manage that trade from that point, adapt to changing market condition and currency pair characteristics.
Imagine that someone gave an order, signal, or already entered a trade – and left the room, leaving you to…[Read more]
gg53 replied to the topic Perfect Entry or "Perfect Trader"? in the forum Development 11 years, 1 month ago
Points #1 & #2 are not needed for this project.
The idea is to take the process of trading AFTER we got some Entry signal, and to manage that trade from that point, adapt to changing market condition and currency pair characteristics.
G.
gg53 replied to the topic Perfect Entry or "Perfect Trader"? in the forum Development 11 years, 1 month ago
MPTM requires pips parameters, It doesn’t scale trades, lot sizes, etc.
I want the “Perfect Trader” to decide, based on the market and currency pair, on those values.
G.
gg53 replied to the topic Perfect Entry or "Perfect Trader"? in the forum Development 11 years, 1 month ago
The main idea is to create an “Intelegent Trader” that takes the entry as an already established fact – and do its best to manage it, even if it leads to StopLoss.
If we succeed with this “Perfect Trader” you can attach it to any other stand-alone strategy that just provide the Entry-signal.
With such a “Trader” you don’t need to re-write the…[Read more]
gg53 started the topic Perfect Entry or "Perfect Trader"? in the forum Development 11 years, 1 month ago
Perfect Entry or “Perfect Trader”?
The search for a perfect trade entry already produced countless number of indicators and “googol” lines of code.
It’s about time to invest in a “Perfect Trader” – a trading EA that can statistically win and be profitable, even with random entry.Pre-conditions:
1. It should adapt to current currency-pair and…[Read more]gg53 and
pa8 are now friends 11 years, 1 month agogg53 replied to the topic How to: Creation of Fractal Arrow Indi in the forum
Fractal Arrow Prediction 11 years, 1 month agoA miss by one bar is perfectly Ok, and need no changes or re-calculation.
Re-read the FF thread on the subject. 2-3 bars is considered an error that requires DB modification.
G.
gg53 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 1 month ago
Maybe this example will steer you in the right direction:
Many standard indicators (oscillator types) will show you DIVERGENCE from actual price-action.
Those divergence are very powerfull trading signals, and almost immediatly price-action will follow (or “correct” itself) to the direction of the indicator.
So there is “something” that the…[Read more]
gg53 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 1 month ago
Maybe this example will steer you in the right direction:
Many standard indicators (oscillator types) will show you DIVERGENCE from actual price-action.
Those divergence are very powerfull trading signals, and almost immediatly price-action will follow (or “correct” itself) to the direction of the indicator.
So there is “something” that the…[Read more]
gg53 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 1 month ago
Maybe this example will steer you in the right direction:
Many standard indicators (oscillator types) will show you DIVERGENCE from actual price-action.
Those divergence are very powerfull trading signals, and almost immediatly price-action will follow (or “correct” itself) to the direction of the indicator.
So there is “something” that the…[Read more]
gg53 replied to the topic How to: Creation of Fractal Arrow Indi in the forum
Fractal Arrow Prediction 11 years, 1 month agoWhat an “accurate” statement by someone that doesn’t have a working indicator… ;-}
Just an info on current ForexGT_Arrow indicator status:
Same old DB, same parameters, same accuracy…
My invitation for live screen-sharing via Skype is still open…
Now it is combined with Currency-Strength, Volume and Correlations into an EA, wor…[Read more]
gg53 replied to the topic Market Movers and Shakers in the forum General Discussions 11 years, 2 months ago
fxrambo,
Please stay and continue to contribute.
I’m the one who is leaving – some threads here start to smell like the too familiar FF threads.
Bye.
G
.
gg53 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
“Fair” price manifest itself in turning points – because there is no more “fuel” to continue the rally or decline.
“Premium” is the difference between current price and “true” or “fair” price in an up trend, because of the rally and momentum. “Fair” price is always a bit lower in an uptrend, and the opposite in down trend.
Actual Price itself…[Read more]
gg53 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
“Fair” price manifest itself in turning points – because there is no more “fuel” to continue the rally or decline.
“Premium” is the difference between current price and “true” or “fair” price in an up trend, because of the rally and momentum. “Fair” price is always a bit lower in an uptrend, and the opposite in down trend.
Actual Price itself…[Read more]
gg53 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
“Fair” price manifest itself in turning points – because there is no more “fuel” to continue the rally or decline.
“Premium” is the difference between current price and “true” or “fair” price in an up trend, because of the rally and momentum. “Fair” price is always a bit lower in an uptrend, and the opposite in down trend.
Actual Price itself…[Read more]
gg53 replied to the topic Price on CLOSE ?! Really?!?! in the forum Development 11 years, 2 months ago
“Fair” price manifest itself in turning points – because there is no more “fuel” to continue the rally or decline.
“Premium” is the difference between current price and “true” or “fair” price in an up trend, because of the rally and momentum. “Fair” price is always a bit lower in an uptrend, and the opposite in down trend.
Actual Price itself…[Read more]
- Load More