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
to Candid
I still haven't figured out what my particular case is, but I assure you it doesn't matter at all.
If I understood your description correctly, you take the interval between the closest masks, i.e. in my terms it's a half-mask range. I set this range with parameter hf, but you can't set it less than one without code correction. You didn't say anything about sorting, I think it's more correct with sorting, but, as written, it's very easy to remove if you want. There was a precedent when a tower was built, built, but never finished :)
to Candid
I still don't understand my special case, but I assure you it doesn't matter at all.
If I understood your description correctly, you take the interval between the closest masks, i.e. in my terms it's a half-mask range. I set this range with parameter hf, but you can't set it less than one without code correction. You didn't say anything about sorting, I think it's more correct with sorting, but, as written, it's very easy to remove if you want. There was a precedent when a tower was built, built, but never finished :)
The matter is that now my brain is geared up for MathCAD and I have difficulties with MT code translation and reading MQL code in general, although several years ago I wrote indicators and Expert Advisors for it - now I remember the language once again. My head is full of vectors and matrixes. In addition the programming style in MathCAD differs from similar events in MT. These simple facts explain my "dumbness", to be quite honest I try not to look through other people's code, because I know exactly what I need, what it works and I try to transfer it to MT, trying not to be distracted, except for more or less interesting ideas.
If it's about extracting the significant (extreme) levels of the resulting MA matrix (roughly speaking, worms), then no sorting is out of the question, if again, I understand correctly what sorting does and where it can be applied. I have posted MathCAD file and you can just see, concrete implementation. :о))) But, as I wrote earlier, I admitted that it's a special case just in case, because the algorithm used is trivial and it's just the first that comes to mind, there's nothing special, moreover, outstanding in it. I just wanted to see it "live" and it's easier and faster with MathCAD.
As for the tower, I don't see the point of "building a tower" based on planimetry at all. I had an idea that minimal level of "density" near the current datum would mean the departure of the price from the plotted levels (in other words the end of the flat) and it turned out to be a bullshit. In general the situation is simple - we look at beautiful pictures and try to get the explanation and the reasonable use of it.
Regarding your question about what it's all about. First of all and most importantly, the picture's pretty cool. Especially with the rainbow coloring. Having built such a picture I could convince anybody that I'm a real genius and I haven't earned my first million just because of my natural diligence, characteristic of all geniuses :) There is a less important, but also essential reason. There is a proverb among spelunkers - "keep your nose where your pelvis is not fit". Actually worms, if the hypothesis about them is correct, show those places where the pelvis probably will not get through. Therefore, there is nothing to stick your nose into. For example, why should we open a position if the price at this level is likely to go down? It's better to open a position where there will most probably be a monotonous movement and to close it at some distance from the possible flat. Right ? These are the very things I want to find out with worms. I already wrote here that IMHO the market is nothing but a set of support-resistance levels, between which the price moves monotonically. If we get some kind of estimation of these levels, we get everything we need to trade. An opening level, a target and a stop. This is what I ultimately want to achieve. At least in the particular case where the movement is on the blue side.
P.S. I apologize to everyone. What can you do, I'm a person yet (hopefully only for now) is not free. That's it. Go on reading. There's a lot of interesting posts here from my absence.
P.P.S. Right now, 20.11.2007, 02:08, I put a Sell Stop on EURUSD. Based ONLY on worms, on periods from M5 to D1. Opening level 1. 4620, profit 1.4585, elk 1.4650.
P.P.P.S. Gentlemen romantics from the high road, do not kick strongly, and as do not beat a knife or an axe, but it is the FIRST (in general, not the first, and the first series) my positions on forex, where I more or less consciously put a profit and a loss. Before that I used to take a loss completely from the ceiling, and instead of profit I tried to use trawl (with a rather disappointing success). So... And you (especially The Great and Terrible one :))))))))))) are speculating about how worms are good for you :))))
The attached archive:
1) cvsexport.mq4 - simple script for exporting data from MT4
2) loadprice.m - function for loading exported data into matlab
3) sma.m - function for SMA calculation.
4) testprice.m - a small test that loads quotes and draws Close chart and its SMA with the period 200
I think that interested and creative Romantics from the high road will suffice to begin with. Although, what I give is not a knife and not an axe at all. So, a knuckleduster at best.)
Further ideas. I've got the idea in my dumb brain that all lots of guys built on these rainbow pictures are nothing more than some kind of patterns. So they can be subjected to some sort of classification analysis. For example, there's a pattern like this. What do we do, we bait, we plant or we smoke bamboo? To answer this burning financial question, we can try to train some kind of neural network. That is, we move away from worms explicitly, and consider the totality of the worms. By the way, a very interesting analogy begs to be made. Even two worms form a primitive and losing trading system. It correctly indicates when to plant, but is, alas, completely helpless when it comes to smoking bamboo. But smoking bamboo is the main occupation of speculators! As they say, if you're itchy, wash your windows. It will be a great joy for passers-by and the deposit is safe. In short, the patterns for buy and sell should be quite similar to each other. Smoking bamboo, on the other hand, may allow to recognize the totality of waving. It may be worth trying something less laggy... Anyway, same as always. "Since other people's money doesn't come without work" :)
Now about the criteria of pattern classification. I propose the following approach. Let's evaluate a pattern by its "strength". The "strength" is a number inversely proportional to the time in bars when a position is closed, with a certain profit, say, of 25 points, multiplied by 1 if we buy, and by -1 if we sell. I.e. "Strength" is a number from -1 to 1. If the grid shows greater modulo strength, we urgently grab knives and axes and get out on the big road. If the "strength" is close to zero, have fun with cards, girls and wine. :)
That's my thoughts in a nutshell. What do you think about it gentlemen bandits? :)
Better stated in his interview that he has a PNN (Probabilistic Neural Net, probabilistic NS), and specially selected mash-ups are fed into the input. So ideas are hovering in the noosphere, not in our heads...
P.S. By the way, he's recently gone on the upswing and has pulled away from his nearest pursuer by almost half. And, as far as I remember, first he produces code in C++ and then translates it into MQL4 (without dll, of course, otherwise they wouldn't let him in the Championship).
eugenk, do you happen to know which of the neural network matpackages allows to make a dll? (If you don't mean "you", I can go "you" too. ...)
Good to see Kotyara (I think so, didn't mix up anything, aah, forgot to add deserved titles :)! Almost similar problems: got into a project that requires all my working hours, all my free time and even more. Temporarily had to stop all work on my project, so I'm basically falling out for a few months. The only difference is that there are no nerves, everything is calm, as it should be working. But this is my style. :о)))
The dialogue from "Hitchhiker's Guide to the Galaxy" comes to mind: "O Great Thinker, answer our question. What is the meaning of life and in general" The Great Thinker thought and answered "42". So, my comments to the above are, "42." You've got to be more specific, you've got model, strategy, speleologists and hips all mixed up.
Opportunist!!! Led and abandoned, no worms, no fishing. Just kidding. That's where I rather drop out, as NS is a separate fascinating activity and I definitely won't do it now and don't see much point for me, for... for... :o)))