Discussion of high-frequency trading on MT5 - page 85
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I'm sorry, what is this?
Interpret what kind of data was visualised, why is such radial paremetrization necessary, what coordinates mean what?
Is this a metatrader, or a 90's screen saver? Indicators are a beginner's topic, the real guys only trade price action with numbers, I think all these graphical contrivances are for diversion. Hypnosis.
Dana!? Pricing is numbers - wow. They're patterns and they're mostly candlesticks. So the theme is, we shit all over Japanese candlesticks, then we come up with the same shit and call it price action. By the way, these patterns are identified by measuring some parameters, and these parameters can be represented as an oscillator type indicator.
Level 2
How the upside movement (EUR\USD) is born.
The red one is the part of the cup that Ask, the green one is the part of the cup that Bid.
Behind this "abstraction", there is an insane amount of mathematics.
How can that give rise to any kind of movement? We already know that these price movements are produced within the spread for the execution of closely spaced opposite bids. The real price movement occurs in another place and on different principles. In fact, what for are all these funny pictures?
analysis takes place in volume space. The Level 2 ecosystem is lively, responsive and reacts almost always before price moves.
Most people here believe that Level 2 is full of idiots and that there are no patterns.
There is no cure for this.
Danu!? Prasection is numbers - abalone. It's patterns and it's more of a candlestick pattern. So the theme is - we shit on Japanese candlesticks from head to toe, then we come up with the same crap and call it a priceaction. By the way, these patterns are identified by measuring some parameters and these parameters can be represented as an oscillator type indicator.
As they say, "Whatever you call the boat, that's how it sails!" We're not Japanese, that's why their candlesticks don't work, the culture is different and many other reasons. And the price action is a rebranding that has breathed new life into it, and the paths have diverged radically. "In general, why do you need all these funny things, like oscillators and patterns, that's a lamer's tool, for those who have no brains to hold figures in their heads?
Integer:
And what are all these funny pictures for anyway?
Yes, all these colourful graphics are not a man's job, chicks are allowed, they are like children, they purr that they are crazy, but a normal guy is devoid of such sentiments and craving for shapes and colours. If you look at the biographies of successful people, you can see one thing in common, they are lucky. They are saddled with good fortune, so people are divided into leaders and losers, I think it is karmic. If one is drawn strongly to security, to statistically sound decisions and beautiful charts, then the financial world is clearly not karmic. You just have to start playing Russian roulette time after time, and the two options are either king of the mountain or a bum or a dead man, you can still go to jail.
There is no need to delude yourself, to consider yourself unique and able to outsmart the world, this childish delusion must simply be outgrown. If you are lucky, you will be a billionaire, even if you are not, econometrics and artificial intelligence will not save you.
As the saying goes, "Whatever you call the boat, that's how it sails!" We're not Japanese, that's why their candles don't work, the culture isn't the same and many other reasons. And the price action is a rebranding that has breathed new life into it, and the paths have diverged dramatically. "In reality they are not so much the tools for those who have no brains to hold figures in their head, it's the case when the road to Lucifer's holes is paved with good intentions.
Yes, all this colourful graphics is not a man's job, chicks are allowed, they are like children, they purr and moan, but a normal guy is devoid of such sentiments and craving for shapes and colours. If you look at the biographies of successful people, you can see one thing in common, they are lucky. They are saddled with good fortune, so people are divided into leaders and losers, I think it is karmic. If one is drawn strongly to security, to statistically sound decisions and beautiful charts, then the financial world is clearly not karmic. You just have to start playing Russian roulette time after time, and the two options are either king of the mountain or a bum or a dead man, you can still go to jail.
There is no need to delude yourself, to consider yourself unique and able to outsmart the world, this childish delusion must simply be outgrown. If you are lucky, you will become a billionaire, and if not, no econometrics and artificial intelligence will save you.
Maybe it's not patterns and oscillators that are lame-o tools, or maybe you haven't drunk too much, but too much?
to keep numbers in your head.
Hey, dude, have you even seen Prasechen, do you know anything about it? And your reasoning...
Or maybe it's not patterns and oscillators that are lamer tools, or maybe you're not over-singing, but over-drinking?
No vulgarity, please.
Hey, dude, have you ever seen or heard anything about Prasechen? And you say...
I've seen it, I know it.
If you like oscillators and candlestick patterns, no one is forcing you to keep playing games, I cannot force you personally to give it up yet, and when I do I won't even do it, what's the point?
The market is a complicated non-linear system, the indicators only show the past, they cannot help in determining the future, because they are hopelessly behind. Everything is in your hands.
Alternatively, you could look in the direction of bitcoins. Same forex, only much younger, hence more inefficient. And there is more data.
By the way, do you trade by signal or by limit?