MTF sub window indicator

dmnik wrote: Wed Apr 19, 2017 4:55 pm Trend indicator based on artificial intelligence

did this ever workout?

Rabi wrote: Tue Sep 20, 2022 7:41 am Thank you for sharing. Have all day to play with the indies as it is raining heavily here and the forecast is the same for the next couple of days will have plenty of time . Looking at the web page the Hybrid trend indicator looks interesting. Thanks again and happy trading

I bet half are just Mladen/Mrtools indis with special settings
the other half : regular indis found on the web with special settings, nothing more

exactly the same files i downloaded three days ago from a telegram channel absolutely free along with other shit its a bad habit of downloading indicators.

I must say I am not at all happy with existing support&resistance - and what is now trendier - supply&demand-zone indicators because I think they generate their boxes at extremes of price (more or less like any zigzag or semafore does):
In reality, though, the ranges develop at different places, i. e. when GRADUALLY buyers (for support/supply) or sellers (resistance/demand) come back into the market after a trending phase because they think price has risen/fallen enough to become - once again - attractive for them (ranges with rejection/overshooting/perpetual to and fro etc):
that, I think, would be something a coder should try to programme (but sadly no one dares or wants to):

josi wrote: Tue Sep 20, 2022 10:40 pm I must say I am not at all happy with existing support&resistance - and what is now trendier - supply&demand-zone indicators because I think they generate their boxes at extremes of price (more or less like any zigzag or semafore does):
In reality, though, the ranges develop at different places, i. e. when GRADUALLY buyers (for support/supply) or sellers (resistance/demand) come back into the market after a trending phase because they think price has risen/fallen enough to become - once again - attractive for them (ranges with rejection/overshooting/perpetual to and fro etc):
that, I think, would be something a coder should try to programme (but sadly no one dares or wants to):

what about that interest rate and inflation levels tho

chickensword wrote: Tue Sep 20, 2022 10:43 pm what about that interest rate and inflation levels tho

Price, of course, is totally based on numbers (i. e. fundamentals), therefore any change is - in the end - based on (perceived) changes in numbers.
But (this is my opinion):
If you are interested in fundamentals you have to be aware of the fact that - as a retail trader - you are the last person in a very, very long hierarchical list of people who receive these news/facts/numbers (meaning: by the time you get the numbers the relevant things have already happened).
Therefore (this is my opinion), as a retail trader, it is better to concentrate on technical analysis as the candles are a visual construct of everything that influences price (meaning: all relevant data are already reflected in price and price changes).

i think i nailed cpi
saying you are too late to get in would be wrong

chickensword wrote: Tue Sep 20, 2022 11:01 pm i think i nailed cpi
saying you are too late to get in would be wrong

And how many times are going to be able to replicate that? That's always the question a single trade or a single chart sadly doesnt do a lot as even a blind chicken can find a corn (I dont mean you by that)

The problem with news is... it's a lot sentiment driven.
The number itself doesnt matter much.
That's why we see sometimes Markets rallying on even bad numbers when it doesnt make sense for the novice trader.

Then there is also that often times that the Market prices the news in BEFORE they even occurred and really always a wild guess on news how much of a current movement was already based on the UPCOMING news or not.

Now dont forget that you may experience big slippage during news.. sometimes your MT4 can even freeze up for a second or 2 and you wont have a chance to exit your trade.

This could possibly end up in a huge loss and even blow your account.

You also seem to confuse fundamental trading with news trading, more often than not fundamental traders enter trades WAY before the news (by that I mean up to several days) or after the news are over.

More often than not they do NOT enter on the news as it's too dangerous (as I said above).

That's why in my opinion it's much easier to just trade your technical bias.