Re: MT4 Indicator requests and ideas

4684
rijay wrote: Fri Nov 16, 2018 3:26 pm

you can make best EA if you can remove human emotions from price action , because that is why prices undershoot or overshoot from pure mathemetical formulas, i do not think that is what is going to happen soon or ever,

that is why methods are developed to "normalise" price action to the mathemetical mean, one very effective method developed by great coders mladen and mrtools is of using ATR adaptive method to normalise price action to their mean median.

those EA lebelled best seller if you use it in sideways market, on your live account will give you big jolt to through you out of your chair, or may be most probably will through you out of market !!

if you find one very accurate EA performing well in sideways market too, do not forget to post if here for readers,
i think that will have enough power to divert 90% of google traffic here !

i just left 10% of traffic because life is beautiful to live outside trading world too !
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Thank you
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the most well-known Against-Trend Strategies Are Martingale and Grid that both are good at range-market.
Nowadays , it seems traders find how to HANDLE these risky ones in trendy market as well ...
for example, the "Grid Hero" seems super-satisfied the users according to the "Reviews" with a BIG gap with the second place.(MT4's Bestseller)
And the "Ninja Route" as well in the field of "Machine Learning" * , "combination of numerous strategies that develop during long processes of machine learning using historical data of major currency pairs".(MT5's Bestseller)

*: Machine learning is a field of computer science that uses statistical techniques to give computer systems the ability to "learn" with data, without being explicitly programmed.

Re: MT4 Indicator requests and ideas

4685
AmirDehghani wrote: Sat Nov 17, 2018 12:29 am

.
Thank you
.
the most well-known Against-Trend Strategies Are Martingale and Grid that both are good at range-market.
Nowadays , it seems traders find how to HANDLE these risky ones in trendy market as well ...
for example, the "Grid Hero" seems super-satisfied the users according to the "Reviews" with a BIG gap with the second place.(MT4's Bestseller)
And the "Ninja Route" as well in the field of "Machine Learning" * , "combination of numerous strategies that develop during long processes of machine learning using historical data of major currency pairs".(MT5's Bestseller)

*: Machine learning is a field of computer science that uses statistical techniques to give computer systems the ability to "learn" with data, without being explicitly programmed.

the best strategy is to trade only in trending markets and trade only in direction of the trend, if you are in trading for longhaul.

if some traders advise you to trade in sideways market or to trade in counter trend direction you can take their advise with pinch of salt or mountain of salt !, you can either follow their advise or follow the trend.
These users thanked the author rijay for the post:
AmirDehghani


Re: MT4 Indicator requests and ideas

4686
rijay wrote: Sat Nov 17, 2018 1:13 am


the best strategy is to trade only in trending markets and trade only in direction of the trend, if you are in trading for longhaul.

if some traders advise you to trade in sideways market or to trade in counter trend direction you can take their advise with pinch of salt or mountain of salt !, you can either follow their advise or follow the trend.
You're Right , I think before the humankind starts trading, he has known that , if he could predict the direction , he would be successful .
But the problem is : what will be the Direction ?!
the Q that every Coder intend to Find : When and Where is the Turning-Point or the Changing-Slope-Sign?
i said , apparently , our Indicators FAILS !
Otherwise , nowadays , the successful and favorite EAs have used the "Trend Indicators".
But we know that , they don't use Trend-Indicators ...

Re: MT4 Indicator requests and ideas

4687
AmirDehghani wrote: Sat Nov 17, 2018 6:19 am

You're Right , I think before the humankind starts trading, he has known that , if he could predict the direction , he would be successful .
But the problem is : what will be the Direction ?!
the Q that every Coder intend to Find : When and Where is the Turning-Point or the Changing-Slope-Sign?
i said , apparently , our Indicators FAILS !
Otherwise , nowadays , the successful and favorite EAs have used the "Trend Indicators".
But we know that , they don't use Trend-Indicators ...
you need to pay attention to price action to find out when trend starts, price action tells a lots of things . in trending market big price action bars keep generating new momentum to the trend, till that is intact , trend is intact. it is only when this price momentum slows that is the first alert of waning trend.

no one knows when trend starts, since market started existing. if you can catch trend in middle and can ride it till it lasts , that is still a good enough .

only god knows who can catch bottom and tops perfectly !
These users thanked the author rijay for the post:
AmirDehghani

Re: MT4 Indicator requests and ideas

4688
rijay wrote: Sat Nov 17, 2018 9:19 pm

you need to pay attention to price action to find out when trend starts, price action tells a lots of things . in trending market big price action bars keep generating new momentum to the trend, till that is intact , trend is intact. it is only when this price momentum slows that is the first alert of waning trend.

no one knows when trend starts, since market started existing. if you can catch trend in middle and can ride it till it lasts , that is still a good enough .

only god knows who can catch bottom and tops perfectly !
you said " if you can catch trend in middle and can ride it till it lasts , that is still a good enough " ,
then, we have failed to catch even half of trend, by our trend-indicators ?
or this half , hasn't been enough to positive the whole system profit ?! or what ?

Re: MT4 Indicator requests and ideas

4689
AmirDehghani wrote: Sun Nov 18, 2018 4:44 pm

you said " if you can catch trend in middle and can ride it till it lasts , that is still a good enough " ,
then, we have failed to catch even half of trend, by our trend-indicators ?
or this half , hasn't been enough to positive the whole system profit ?! or what ?
If you can catch all tops and bottoms and whole trend it is astonishing !


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