Jimmy wrote: Mon Jul 19, 2021 4:16 pm
$500 USD for the best effort
If this thing goes ahead, $500 USD to anyone who comes up with the best coded indicator from this project.
Requirements:
- Non-repainting
- No expiry
- Not a blatant copy of another indicator
- Can be a standalone code (no Alerts etc).
- Not decompiled (obviously)
- Source code must be sent to myself and Mrtools for review
What can we come up with? I know we have some talent amongst our coders and members here.
- Jeff
- Kvak
- Darks
- Rplus
- Sky
- Pacois
- Anyone lurking
Winner gets $500 USD sent to you via PayPal or Skrill.
In theory, as long as there is enough capital fluctuation, once the market reverses, the number of orders will be increased in the opposite direction, so that the number of orders in the correct direction will always be greater than the number of orders in the wrong direction. Then over time, you will be able to make money. This is Massigall's theory (framework).
The problem is that the trader's principal is limited. According to the Martingale method, the final outcome must be eliminated by the market. A good trading system (or indicator or EA) should not have too many trading signals, otherwise the orders will swell quickly to the point where traders can't bear it.
(The signal of the Asian market is often a disturbance to the London and New York markets, the fluctuation is too small, and the value of intervention is not large)
Therefore, the trading system (or indicators, EA) should set some restrictions, such as only opening in London and New York, and closing it at other times. If the London and New York trading were at a loss the day before, if the loss is not large, the Asian trading should be closed the next day. If the loss is large, perhaps you should accept counsel and stop the loss in time and exit.
In fact, if you only trade London and New York, there are generally only 2 trading opportunities per day (maybe 3 in some cases), and the probability of success is very high. An indicator or EA, trading system, if at most only two more accurate signals (including two opposite signals) are sent in London and New York, it is better!