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I didn't quite put it right: not for tekprofit, but for exiting the market. You just need to know how to use the Fibo correctly.
For a reasonable exit from a currency market or trade, you can avoid using a chart altogether,
but simply use the solution of a system of linear equations of the corresponding currency basket
over a desired time or price range.
namely "quantities" and "volumes"
It is an illusion that anyone can give you information on current forex volumes - historical data can be found, but current data, well at most on futures with the hope that the futures correlation is high with forex, but no one knows the real volumes in forex - not much, If you think that someone can enter the market, big volumes of money go into the market by splitting bids into smaller orders - there is a software in Ninza to try to collect these volumes, but imho, it does not give exactness - the same historical data will be truer
ZS: saw on the chart, and then the rapid movement - that was the entry into the market of large volumes
It is an illusion that anyone can give you information on current forex volumes - historical data can be found, but current data, well at most on futures with the hope that the futures correlation is high with forex, but no one knows the real volumes in forex - not much, There is a software tool available in Ninza to try to gather these volumes, but imho, it does not give exactness - the same historical data will be truer.
The tick data of buy and sell operations given by MT4 terminal can be used to estimate current forex operations in real and demo mode, and especially for creation and debugging of scripts, indicators, Expert Advisors and Expert Advisors. And there is no need to ask for this information - just take it and use it! How? This is another question. It concerns the clarification and promotion of some possibly "new" concepts, definitions and classifications.
There's something up in the air about this (very useful!) topic...
And yet, HOW can one most accurately DECIDE the Beginning, Continuation and Ending of the Current Trend!!! (see the avatar on the left)
this kind of thing, for example
http://brokers-fx.ru/trejderu/indikatoryi/kak-primenyat-i-gde-vzyat-indikator-better-volume-dlya-opredeleniya-obemov
Who has used it?
this kind of thing, for example
http://brokers-fx.ru/trejderu/indikatoryi/kak-primenyat-i-gde-vzyat-indikator-better-volume-dlya-opredeleniya-obemov
Who has used it?
The article is good for "analysts" and the indicator itself has been known for quite a long time, but it is practically useless for use in an EA or Expert Advisor.
You need to count and use what the terminal gives, namely, the current Buy, Sell, and Tick volumes, and control the Balance and Imbalance of
of current operations within the occurring Local and Composite Trends in order to make the next U-turns, Continues and Ends.
The article is good for "analysts" and the indicator itself has been known for quite a long time, but for use in an EA or Expert Advisor it is practically useless.
You need to count and use what the terminal gives you, namely, the current Buy, Sell and Tick Volumes, and control the Balance and Imbalance
of current operations within the occurring Local and Composite Trends in order to make the next U-turns, continuations and closings.
Can you tell me where to see this in the terminal?
Can you tell me where to see this in the terminal?
Not in the terminal itself, but in your advisor or expert. You just need to fully and correctly "declare", "get", "debug", "process" and "use" everything you need to do so.
Currency Forex, in my opinion, is a pretty serious and accurate thing, it is a Real-Time System, not a confrontation between mythical "bulls" and "bears" (with all due respect to the psychology and terminology of trading, which is formed by someone).The decreases and increases in the current Quotes and Prices are the main source of Quantities and Volumes of Sells and Bids during corresponding Downwards and Upwards Trades and Trends ("idle" and "working", "single" and "compound", "local" and "global"). The key task is to timely and accurately identify the turning points, open and close the work orders.
Not in the terminal itself, but in your advisor or expert. You just need to fully and correctly "declare", "get", "debug", "process" and "use" everything you need to do so.
Currency Forex, in my opinion, is a pretty serious and accurate thing, it is a Real-Time System, not a confrontation between mythical "bulls" and "bears" (with all due respect to the psychology and terminology of trading, which is formed by someone).The decreases and increases in the current Quotes and Prices are the main source of Quantities and Volumes of Sells and Bids during corresponding Downwards and Upwards Trades and Trends ("idle" and "working", "single" and "compound", "local" and "global"). The key task is to timely and accurately identify the turning points, and to open and close the working orders.
Ok.
Name an M QL function that would reflect buying volumes?