You are right. I was overthinking it. I now also reproduced the same graph by just ignoring time-of-day and looking at the absolute maximum rather than percentiles. Thanks. Trying to recalculate that myself to check if I understood correctly, and to ...

A Simple Mean Reversion Strategy

I tried to reproduce the graph made by the Zorro guys (see post #375). I generated 10,000 fake AUDUSD charts by for each M1 bar selecting a price movements at that same time of day at random from the real AUDUSD chart. This to ensure we get the same ...

A Simple Mean Reversion Strategy

Inspired to look at this again, I calculated the price movement between two adjacent M1 bars (open-open prices) throughout the day. Note the difference between average and median. And what happens at 15:30 and 17:00 hours?! More to investigate... ...

A Simple Mean Reversion Strategy

I guess these guys also figured this out: url Check this part of the description of their Z6+ system: image "The red line is the maximum price movement in pips over the period given on the X axis in hours. The black line is the same maximum ...

A Simple Mean Reversion Strategy

A classic! Subscribed. Curious to see how you approach this...

The Squeeze

== EDIT: Right... not a problem in my data, but a problem in my code. Nevermind... Here is the new plot: image

[Deleted] Anomalies in EURUSD price excursions

Why invent a new word "Sekanas"? There is already a perfectly good word for a 0.01% change in price: url . If you find the word "point" confusing the context of trading, you could alternatively use "centi-percent". Immediately understandable for ...

Easy Lot Sizing on All Assets? Meet Sekanas

On request of @PayTheBid, here is a new version of the yzFairValueCandles indicator with an updated expiration date: file See post #186 for details.

A Simple Mean Reversion Strategy

Some of the responses seem to mix up two concepts: LLMs: Large Language Models like ChatGPT or CoPilot "understand" written texts, and can generate pieces of source code. These could be used to generate the logic of your trading strategy. Machine ...

Coding with AI

Sorry about that. I always put an expiration date in indicators and expert advisors I share on internet, because unfortunately some people take other people's work and sell it for profit. To prevent that I always have it expire. Here is an updated ...

Horizontal line system

That vertical line was inspired by Rell4's idea to wait for additional confirmation if the breakout occurs before 10:30 AM. If you don't want a line, then set it to some impossible time. For example set TimeMarkHours to -1

Horizontal line system

I created an indicator as a guide to the eye for the above rules: image The indicator is for MT5: file

Horizontal line system

Out of curiosity I read the post you linked to. Oh my... I couldn't resist to reply to @Tankk. What a nice person...

Experiments - while waiting for an order to get closed

Your mother must be proud of you... Have you even wondered why it is called TRIANGULAR moving average? Do you know what one side of a triangle is? That looks a lot like an LWMA, right? Add a second mirrored LWMA and you have a TMA. image No, that ...

Indicator Bank

For comparison I downloaded the EURUSD tick data of 2024-09-19 from Darwinex, Dukascopy and ICMarkets. Plotting the mid-prices of all ticks during the hour 08:00:00 to 08:59:59 gives: image Zooming in on one and a half minute 08:29:30 to 08:30:59 ...

Darwinex historical data invalid

I feel I must somewhat defend Darwinex after my last post. The M5 chart looks "interesting", but when I tried to download the raw ticks (via a simple script from the MT5 platform itself) I was pleasantly surprised! They enable me to download ...

Darwinex historical data invalid

Exactly my point!! So when you refresh the indicator you give it the opportunity to use new data that wasn't there a while ago. It will update/redraw its lines to make them more smooth and more importantly: it will possibly update some of the ...

TMA-CG-2024

Sure, I removed the indicator. Thanks, I know very well how to code indicators. I am not a native English speaker so it must be a semantics discussion around the word "future". You are a coder yourself, so you know very well that indicators can use ...

TMA-CG-2024