Re: Honje's collection of indicators, strategies and trading journals
Posted: Fri May 20, 2022 6:30 pm
by Jedidiah
honje19960321 wrote: Fri May 20, 2022 5:55 pm
The core problem of the trading system now is volatility. The direction of the trade is totally fine. There is a swing to have a direction. This is a trading philosophy that I agree with.
I need to explore all the volatility indicators available on the internet. Currently I mainly use Bollinger Bands width and atr.
Re: Honje's collection of indicators, strategies and trading journals
Posted: Fri May 20, 2022 11:09 pm
by Jedidiah
I find that a lot of people are looking for the Holy Grail.
There is a problem. At present, the Internet is full of indicators that can judge bullishness and bullishness.
If the market does not fluctuate, it is impossible to form a trend.
But I don't know, why does it feel like a lot of people don't value volatility?
Re: Honje's collection of indicators, strategies and trading journals
Posted: Fri May 20, 2022 11:10 pm
by Jedidiah
Only know the direction of the market, but without volatility, you absolutely cannot win.
Re: Honje's collection of indicators, strategies and trading journals
Re: Honje's collection of indicators, strategies and trading journals
Posted: Fri May 20, 2022 11:44 pm
by Jedidiah
Re: Honje's collection of indicators, strategies and trading journals
Posted: Sat May 21, 2022 4:34 am
by Jedidiah
“Consistent profitability comes down to choosing between the discomforts you feel when you follow your plan and the urge to let yourself be captured (and ruled) by your emotions.”
Re: Honje's collection of indicators, strategies and trading journals
Posted: Sun May 22, 2022 12:03 am
by Jedidiah
I have to complain.
fuck.
Buying a property worth 100 million yen in Japan is not as good as buying a property worth 100 million yen in US
Re: Honje's collection of indicators, strategies and trading journals
Posted: Sun May 22, 2022 7:26 am
by Jedidiah
Re: Honje's collection of indicators, strategies and trading journals
Re: Honje's collection of indicators, strategies and trading journals
Posted: Wed May 25, 2022 12:16 am
by Jedidiah
Jimmy wrote: Wed Apr 29, 2020 10:21 pm
This is a particular indicator which was recently coded by Mladen for MT4 and looks like a great creation.
As explained by Mladen: Theory :
There is always a need to measure if the market is "quiet" or it is volatile. One of the possible way is to use standard deviations, but the issue is simple : we do not have some levels that could help us find out if the market is in a state of lower or higher volatility. This indicator is attempting to do that :
values above level 1 are indicating state of higher volatility
values above level 1 are indicating state of lower volatility
Usage :
This is not a directional indicator. It should be used for volatility detection, not trend assessment - for that you have to use some other indicator and then check this one if the market volatility conditions are those that you expect