Standard misconceptions in trying to trade in the noise (there was a "Nightmare on MT4 Street") - page 10
You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
OK, topic closed.
How about a beer to Renate for a job well done on purpose? :-))
I'm saying on the basis of my 7 years of experience "stay away from ticks (1), don't play in the noise (2), write toasty EAs (3), don't try to build strategies on anything below NN minutes (M5, M15, to taste) (4)". But would anyone believe me? The experience of this forum suggests that they won't believe me, and every month the same questions will appear.
They won't believe me, because all this has to be experienced on its own. So, good riddance!
Renat, would you mind scribbling a few lines here about how exactly you (or your colleagues) have tried to investigate price-flow noise?
Thank you in advance.
The speed of light is 300,000,000 m/s the length of the circumference along the equator of the earth is 40,075,000 m, plus telecommunication costs, in total quoting once every 1-3 seconds when dealing with the world average price. In the mt terminal, quotations are collapsing at a rate of 500-1500 quotes per minute during active trading hours.