This is interesting.. A close friend of mine’s dad actually has been trading now for over 2+yrs successfully and he retired in the beginning of the year and trading full-time now (he is extremely disciplined). I saw his strategy and its very similar to what you outlined actually. He uses slope lines in multiple time-frames and he also LOVES OBV.…[Read more]

Oh, almost forgot! Here is my node.js script if anyone is interested in playing around 

You need to have Node.js installed in your system.
Run npm install to install the needed packages.
Then run the command node simple_probability.js in the directory.
I added some comments to the top. First you will need a data export from MT4 or EURUSD…[Read more]

Oh, almost forgot! Here is my node.js script if anyone is interested in playing around 

You need to have Node.js installed in your system.
Run npm install to install the needed packages.
Then run the command node simple_probability.js in the directory.
I added some comments to the top. First you will need a data export from MT4 or EURUSD…[Read more]

Hi all!

I started playing around with probabilities once again  I’m wondering if someone could verify if my probability calculations are correct.

This is what I want to find out:

What is the probability of price going up 40 pips given that it has already gone up 20 pips first before going down 20 pips.

I’m observing EURUSD for this…[Read more]

If you are new to this concept and need our help to get started, please get in touch.
Enhancer Signals

What is the purpose of this – a commercial offer?

s.

Test

Thanks @tradefinder! Got 3 pdfs now and try to upload them myself.

Ok, I’m afraid there’s something wrong with the forum software. I can only upload one file at a time.

s.

When a ‘different’ OBV is based on a strictly causal algorithm, the answer to the question ‘Who is leading?’ will basically not change.

You can easily add some kind of extrapolation to speed up the original OBV algorithm, but this will lead to additional uncertainties.

In the end, only statistics will tell the naked truth, turning dogmas into…[Read more]

IMO, using the term ‘always’ is ‘always’ dangerous when it comes to Forex trading. Sometimes volume seems to be leading price, sometimes it seems to be the other way round.

Prices reflect the battle of contradictory views on the market and different interests of the major players. If the current balance of these views and interests changes,…[Read more]

and remember it is impossible to pick tops. only trade in the direction of trend and momentum. 

Using Rossbot in a TZ recurrent trading style

Not the worst balance sheet I’ve seen so far!

I guess some members might be interested in a little more detail about the strategy applied to achieve this …

I may consider adding dynamic trailing stop to a future Rossbot version.

@xux99: I recommend the PDF document that is published here: http://www.forexfactory.com/showthread.php?t=411923

It covers the probabilistic aspects of trailing stops, partial TP, moving SL to BE, and more in great clarity.

s.

Thank you so much all!    It was hectic the past few months. Things are finally cooling down like the weather over here 

I miss spending my reading through the posts and giving something back and I will be visiting more often now

ok we have 0836 almost to the pip. now i will wait for another significant retrace which may or may not happen before the next move down.

I did find a commercial site with some on (obviously silly money)

You named it: like most commercial offers in FX, silly money.

I am looking at building some new currency strength indicators one based on pip movement with a start from 0 function (market open Monday) and one based on ATR. Has anyone come across any, thoughts ??

Thoughts:

Pips…[Read more]

if we are on second leg down then we should see a move of at least 0836 (if your into Elliot Wave it would be going into leg 3)

if its not the second leg i have no idea where its going to go.

if we are on leg 2 then we should see a move of at least 0836

if its not the second leg i have no idea where its going to go.

chris lori has the same view on inefficiencies as i do. he also tries to explain why gaps happen.

i know this isnt ss or indicator based sim divergence but i believe it is still relevant to the original post

I have no idea why MT4 standard MA would not work set to period = 1. On my platform, it just shows the raw price according to your choice, without any smoothing. That’s how it should be.

If not: have you tried reinstalling MT4? (Sorry if this has been suggested before, I don’t follow the whole thread).

If there’s an issue with the installation…[Read more]