RBCI + TTF = Profit? - page 8

 
LeoV:

If this is a redrawing indicator, then it is impossible to trade on the real account ))))

A profound misconception.

Only redrawing indicators are valuable, as they can most accurately account for the rightmost bar. And the fact that he has redrawn the history - what is the problem? The main thing is that it has considered the latest information.

 
Mathemat:

There was also a case where a person posted the "ToR" for writing an EA based on the algorithm shown in the picture. Well, in fact, there were entries/exits exactly on the tops of the zigzag.

The main condition of the ToR was something like this: entering/exiting strictly by the arrows and not one bar later!


One of two things: either this man is playing a prank, or he is an alumnus of one of the special schools.....
 
faa1947: A profound misconception.

Only the redrawing indicators are of value, as they can most accurately account for the rightmost bar. And the fact that he has redrawn the history - what is the problem? The main thing is that he took into account the latest information.

It's absolutely not, because the signal that you get on the rightmost bar at the moment may be wrong and therefore successfully disappeared (redrawn) on the history...)) And consequently a loss will be obtained, instead of a profit on testing on historical data.....))))
 
jelizavettka: One of two things: either this man is playing a prank, or he is a graduate of one of the special schools.....
More like the first one. He's playing dumb.
 
jelizavettka:
_ graduate of one of the special schools.....
What do you mean?
 
LeoV: This is absolutely not true, because the signal that you received on the right bar at the moment in time, may be wrong and accordingly successfully disappeared (redrawn) on history...)) And consequently a loss will be obtained, instead of a profit, on testing on historical data.....))))

No, Lyonya, it's not that simple. It is possible even on testing to take into account all these re-drawings - for example, without turning to "too past" its values, which were re-drawn. And take the values at bar opening only at the current time. Then everything will be clear.

Most traders are afraid of such indecks, but they are not so scary in the end. You just have to work with them a bit more cautiously.

 
DmitriyN:
What do you mean?

I don't mean a graduate of one of the special PE schools... Google "special school."
 
Mathemat: No, Len, it's not that simple. It is even possible to take into account all these redraws in testing - for example, by not referring to "too past" its values that have been redrawn.

Most people here fear these turkeys like fire, but there's nothing wrong with them in the long run. You just have to be a little more circumspect with them.


I agree, but this caution will not fit into a strict mathematical algorithm that can be described in programming language - it is purely a trader's "gut feeling" that can fail at any time ))))).
 
LeoV:
This is absolutely not true, because the signal that you received on the right bar at the moment, may be wrong and thus successfully disappeared (redrawn) on the history ...)) And accordingly a loss will be obtained, instead of a profit, on testing on historical data.....))))

As always, let's take the waving. Why do we assign the calculated value to the last bar and not to the middle of the window? It seems more logical to me. And if it does, then we've just shifted forward half a period and got a lag in the waving. That is why it is not redrawn. Filters usually redraw because they usually calculate the value of the right bar and do not shift anything.

You are not satisfied with prediction considering the last bar. Yes it is difficult to use. But why should you use outdated information for a forecast. But you have to look at it consciously. Overprediction has nothing to do with it. We just deliberately say that we consider the process to be stable minus n-bars. But to think so, one should use the redrawing indicators instead of burying one's head in the sand and believing the lagging indicators shifted forward.

 
faa1947: Redrawing has nothing to do with it. We are just deliberately saying that we consider the process to be settled minus n-bars.

If we are saying that we think the process is settled minus n-bars, then we must admit that we are late with the deal by those n-bars ))))