Ok good points regarding Black Scholes and LTCM and good start, let's see where this goes! I think though in spite of what I said, the market microstructure field is becoming more scientific by using tools from science (time series analysis) and ...

Looking at Exchange Rates in a Scientific way

I'm not sure if any of the above qualifies as scientific in the way that you describe: It sounds more like conjecture, best estimate or a judgement based on incomplete drivers and best guesses. I'm interested in a scientific look at exchange rates ...

Looking at Exchange Rates in a Scientific way

I was just thinking the same thing. Perhaps brilliant minds do think alike! Basket Stats was created for this purpose, to show both open and closed profit per pair. Perfect for the basket trader or mulit-pair trader such as someone taking part in ...

Indicator displaying net profit/loss per pair for closed orders

I took a peek back on the data. This group is well behaved from 2010 on staying in a 300-400 pip range. However keep in mind that from 2007-2010 this spread went through an adverse move of -18,800 pips!

Hedging synthetic pairs

Or alternately the zero mean centered formulae: EJ/EU -UJ = 0 EJ/UJ - EU = 0 UJ*EU - EJ = 0

Hedging synthetic pairs

I always find it helpful to look at the data before coming to a conclusion about a particular spread. This is 6 weeks of data on the pairs listed above in order. The first 4 charts are EJ, UJ, EG, GU, and the 5th plot is the composite spread: ...

Hedging synthetic pairs

I got lost part way through with the arithmetic. Bottom line: if you start with a 3 pip spread + $4/lot commission the system isn't feasible. True, and Tony would agree. This is the reason he insists on using a 1 pip all in cost broker. Ok check ...

Central Banks & Big Players

hazel, You're welcome! If you decide to open a new thread exploring an alternative method based on this same idea, please post a link in this thread so those of us subscribed here can find it. Thanks!

Central Banks & Big Players

Ok I'll bite. I managed to duplicate the 260 day - 18200 result in my spreadsheet given the starting assumptions you mentioned. Actually the effective leverage used is 35 times leverage (really high) with a starting value of 10K, or $35 per pip ...

Central Banks & Big Players

Tony, I really liked that part (bold). I did skip to the conclusions first and thought it was quite interesting - kinda contradicts the market profile / VSA concept eh? Usually these papers have very short conclusions but this one is quite lengthy. ...

Central Banks & Big Players

Interesting paper! Confirms some of my own studies. thanks for posting this!

Central Banks & Big Players

How could they possibly centralize the feeds? Each dealer is independent and located in different places. They each have different liquidity providers with different spreads / prices. It sounds like you're talking about a MT4 bug fix in the newer ...

My Own Broker Arbitrage

I'm all about teaching a person to fish, but I felt he made an honest effort based on what code was posted and what was asked. He knew what he didn't know and was not too proud to ask for help. I also prefer 1TBS due to screen economy but as Mike ...

MQL4 custom Function

I hear the concern. I tend to think that repeating code (particulary loops) is often a bad idea. MT4 is inefficient enough as it is, no need to help it be less efficient. However, passing parameters by reference may make reading / understanding the ...

MQL4 custom Function

Something like this (passing parameters by reference) and returning the total? This way you get all three values: buyopenorders, sellopenorders (by reference from the parameter list) and the value of totalopenorders returned from the function. Also, ...

MQL4 custom Function

Double counting the spread can be illustrated with an example. Let's assume a pair trades with a 1 pip spread. Further assume that this market never moves. (Why would you trade a market that never moves? I have no idea.) You buy at the ask, and ...

MBTrading free EXN or pay for limits?

Do you really think a professional trader can put in less than 10-12 hours per day and still compete?

I trade my own account for a living. Tell your story

Also have you seen this? MT4 + C# + MongoDB + ENCOG EA It may be worth looking at for ideas and ways to implement an order passing protocol and a way to include other capabilities in C#, like a database, and access to math functions such as NN.

Calling named pipes dll from MT5. How to?

Thanks for the recap, Jason. I wasn't aware of the string passing (stringbuilder) convention or point #5, which may have been the cause of some of my woes with this template. This is good information! I was able to get my own C# named pipes project ...

Calling named pipes dll from MT5. How to?

Sorry, I don't use MT5.

MQL4 -> R-Project - Interface Library