Hi hayseed, I was referring to the fxTrade v20 platfrom. It allows nedging, at least in Europe. I do not think the fxTrade platform is based on Metatrader because it allows smaller fractional positions than what Metatrader does. image Cheers, k

Hedging/Nedging

It does not "negate everything". It is a datapoint that shows that your previous statement that MT4 uniquely supports nedging is not in line with reality. This comment was made to undermine your credibility in this debate. But you don't really ...

Hedging/Nedging

I can assure you that there is at least one more platform offering nedging that is not MT4 (Oanda V20, which is what I use on my retail account. So your statement about MT4 being special in that regard is certainly incorrect. IT also doesn't stand ...

Hedging/Nedging

As for my motivations it is the opposite: I observe the data ("the gap always closes and once the gap is closed, the price very often bounces and resumes it's course") and am making a hypothesis as to what could have caused it. My hypothesis is that ...

Hedging/Nedging

Large spread is a concern but less so in relation with the long-term character of the positions that I was referring to. However, as I've mentioned before, the behaviour of a liquid market after the weekend gap is usually consistent with large ...

Hedging/Nedging

Not really: 1. it may be useful to have entered at the more advantageous positions (bottoms/tops of prior pullbacks). It is difficult to know what the market would do in the future so your after-weekend trade may take a loss whereas the long term ...

Hedging/Nedging

Nedging can be useful at least for one purpose: for protection of the long-term trade from a weekend gap. If there is a possibly large weekend gap in the financial instrument from an expected effect (say, French elections, OPEC meetings etc.) one ...

Hedging/Nedging

As a measure of relative market activity, very reliable imho. For example (apart for OBV), estimates of "equilibrium price" (VWAP) are usually precise to a couple of pips. If you are interested in absolute numbers, of course that doesn't work. But ...

How to tell if the Bull/Bear trend is over, without an indicator

1. IMHO it is a necessary, but not sufficient condition for the trend to finish. 2. I use tick volume to get an idea of activity behind the moves. A simple way of doing the same thing would be through an indicator like On Balance Volume which ...

How to tell if the Bull/Bear trend is over, without an indicator

Interesting idea, thanks. (Even though MT4 "fractals" have little to do with mathematical fractals, which is what you're talking about.) I hacked together a quick oscillator that does this as well as the statistics on the occurrence of trend bars. ...

Using Fractals Profitably

The levels seem spot on to me. I understand that the motivation for this method goes from random walk and is intended for intraday trading. However, one way of using this would be when some indicator on daily TF - for example nonlagdot, TDI, ...

Random Walk (The unbeatable!)

Also the new version of channel from post #186. k file

Random Walk (The unbeatable!)

This should do the trick. Also added the Zscore=1.28 level. file Cheers, k

Random Walk (The unbeatable!)

I think I see what you mean: identify the first TF=5 min candle of the day for current bar (regardless of its TF) and calculate levels. I should be able to do that. k

Random Walk (The unbeatable!)

The pivot indicator for TF=5 min does exactly that. Are you referring to the calculation for other TFs? k

Random Walk (The unbeatable!)

Yes, you're right. The indicator is written for the TF=5 min only. It would be slightly more complicated if one wanted to use it in other TFs (so MTF type indicator). Specifically the problem is here: double ...

Random Walk (The unbeatable!)

Looks like there is an additional different Zscore number (1.28?) in the original indicator to me. I used the values (1, 1.645, 1.96, 2.576) from the post #165. Cheers, k

Random Walk (The unbeatable!)

As far as i understand the strategy, the tp is is also drawn by the indicator. So buy/sell levels are default in thick dodger blue/tomato line. Tp for buy is the thin tomato line, sl for buy is "a few pips below" thin dodger blue line. Tp for sell ...

Random Walk (The unbeatable!)

Hi, Attached is the "channel" indicator that draws only the relevant lines (daily open + buy and sell levels + SL levels) according to the described strategy instead of all the pivots. file Cheers, k

Random Walk (The unbeatable!)

All is good, thanks for sharing your ideas. If some errors/bugs are found in the indicator code just reply or send a pm and I'll try to help. Cheers, k

Random Walk (The unbeatable!)