The "Maybe we'll get lucky" counsellor - 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
Because Her Majesty Nature is at work here and time belongs to her. If we interfere with our predictions, we will do something wrong.
Can you please suggest an EA if there is one in kodobase that sets two differently directed orders with the same volume, TP and SL at the beginning of a bar, e.g. BAY lot 1, TP 30, SL 20 and SELL lot 1, TP 30, SL 20. Please give your opinion about this kind of strategy, if anyone has tested it.
The system will receive a profit, for example, when the price goes 20 points up, closed on the sell order, and the price will continue to go up another 10 points and trigger the TP of the Buy order. The system is equivalent to the following system: if the body of the current candle has >=20 pips, open an order in the direction of that candle with TP of 10 and SL of 40. What is there to be unlucky about? That primitive has virtually no chances. Although it also saves the spread compared to the original variant.
Strange to hear such ideas from the TS.
The system will receive a profit, for example, when the price goes 20 points up, closed on the sell order, and the price will continue to go up another 10 points and trigger the TP of the Buy order. The system is equivalent to the following system: if the body of the current candle has >=20 pips, open an order in the direction of that candle with TP of 10 and SL of 40. What is there to be unlucky about? That primitive has virtually no chances. Although it also saves the spread compared to the original variant.
It is strange to hear such ideas from the TS.
yosuf You promised to bring your indicator to an end. Are you sick of the casino?
When will you show the results of your indicator?
yosuf You promised to bring your indicator to an end. Are you sick of the casino?
When will you show the results of your indicator?
The performance of the corrected indicator is shown starting on this page of https://forum.mql4.com/ru/38834/page275
Right, moreover, I was struck by the fact that each tick is capable of pulling an entire regression line (18), so skillfully and accurately describing the history laid down in hindsight, i.e. in past prices, that it does not occur anywhere else but in the market. Therefore a regression line cannot predict, because it cannot handle even a single tick. Ideally, this line should not have reacted so zealously to every tick. It does not. The power of each tick is indeed powerful! This phenomenon showed a corrected indicator, i.e. we are dealing with a monster whose every part of the body is not weaker than the body as a whole.
Seems to me it's not the tick, but the last bar (and there's a very big difference between the two), that gives such a "mighty" result. Or am I missing something, sorry, didn't get into it.
Are you being petty, Yusuf - or is this just another PR campaign on your part???
Then somehow you'll attach formula (18)...??
Yusuf, why don't you write books about brutal forex and (18), which is a gigantic powerhouse to collapse... etc.?
Once again, one last thing: the current price does not depend on the elapsed time. It depends on the actions that traders took, for one reason or another: what orders were placed, in what sequence, and on the actions that the matcher took: in what sequence he satisfied the orders. The time is just a counter for readability - nothing more. No matter what you have corrected there: this model - the model describing the dependence of prices on time - does not fit the process - is that clearer?
This doesn't just apply to your 18 - in general any attempt to "pull" the time-dependence of price on the market. Indirectly that time is involved as no one will wait indefinitely for profits, losses or "sitting on the fence". Everything else is simply a fitting of an inappropriate model to the process.
depends, because traders are just like any other people, dependent on time. They start work at a certain time, finish work, and go out for lunch. There is a schedule on the exchanges with which the foreign exchange market is connected. News is time-based, intradealers close positions without delaying them to the next day, options have certain expiration dates, etc. Respectively, those who service the currency market take time into account in their work.