Just giving support for a wonderful thread. Science, in trading ?! Trout wrote an interesting article on overconfidence, calling it 'false ego' and 'nervousness' -- Over- and underconfidence, I guess. Mental accounting, how Editor describes it, ...

Behavioural Economics for Traders

I realize this is jumping the gun on your to-do list, but this idea sounds fascinating and MT4-indicator doable (not me.) When you say 'reversion to mean strategies', I guess you're talking about having a line run thru the center of every candle, ...

A Systematic Approach to Markets

Fugly, I have a lot of respect for your posts. I noticed another post you'd made that referenced my above post, and If I offended you in any way, I apologize. A more-complete version of above post: I had gotten an impression of Soros several years ...

How George soros made his billions

Excellent article. Soros is a gut-instinct trader, then, and left his Holy-Grail chasing to philosophy (Popper ( url )).

How George soros made his billions

You're on. And the demo-to-real note of no one making it just as big post-contest reminds me of a rumor about Star Search, almost none of the big winners there go on to be just-as-big stars. Different variables, I guess. Maybe some peoples' brain ...

Over 13,000% return in just 1 week ! How is that possible ?

Indicator? It's a device that runs. Look at it run (put up a chart during the week and watch the indicator react to the market), read its instructions (investopedia.com, mlq4.com, babypips.com and others), look at its insides (MT4: MetaEditor), try ...

Relative Strength Index, will it be always right?

Thanks for considering. Your info (hope this makes my post understandable): NumPoints (settings at 15,50,100,150,195 on the 5' each; I guess there's little difference): url TimeFrame (what I meant when said 'scales', as in chart scales): url , ...

Recent Strength indicator

a different NumPoints value for each microchart — Your approach to multiple-pairs charting has opened my eyes in daytrading. I've a suggestion and a nuisance. A different NumPoints value and scale value for each microchart would help resolve ...

Recent Strength indicator

I always heard round numbers were important, only needed to know from others' trading experience. The above trader established this approach for good. I offer a small refinement below: One can view round numbers as Fibonacci's. The Golden Angle, ...

Trade Using VSA (Volume Spread Analysis)

I don't think it is adjustable: The inputs are all superficial -- Color, size, width, label, arrow. There's no adjusting scale, the double-hash line, etc. The double-hash line is especially interesting, even on the 1'; it'd be nice to adjust. The ...

AIS1 indicator--- does anyone know how to use it?

If you mean how do you recover your money, I don't have a clue. Ask someone else. I haven't made a dime yet. If you mean how do you recover your composure and continue to be in trading, then perhaps my own experience and then some options on how to ...

Anyone blown his account before?

Hey yeah, thanks. Glancing over other close climax bars, I can see they perhaps 'exhaust' the immediate chart, and, with various conditions like overly big climax bars, a yellow bar in-between, and other, generally either return to the same area the ...

Trade Using VSA (Volume Spread Analysis)

Googled it for this site. Any indicator you found would probably repaint like Zigzag does. And, your picture skips over trends to make contiguous abcd patterns, rather than select connected-trend ab=cd patterns, making you, at the right edge, more ...

abcd patterns

(continued) A special example of the 1' highest-spread bar is multiple 1' hsb's together. One draws a line in the middle of the high and low trendlines. url url url There's also a 1' lowest-spread area. Find a balance pattern amidst one, and ...

EUR/USD patterns

CDRW Spread — Longterm indicator for smallest and highest price-bar spreads. Possible uses: On 15', highlight lightly biggest spreads on chart; on 1', find and boldly highlight biggest spread at each area. Then check H1 (has nice pattern ...

EUR/USD patterns

(This continues a broader coverage of volume to discuss fewer bars.) Pure VSA seems to be, mostly, a single volume bar's size in relation to a candlestick's shape. I'm trying to get the general flow of logic pure VSA has in combining price candles ...

Trade Using VSA (Volume Spread Analysis)

CDRW Volume — This is a thanks to ThatWasMe. I changed the colors to bettervolume so only the low and climax show, the rest colored darkskyblue for normal. Then, I changed the colors in CDRW Volume so the high are red like climax, low yellow ...

Trade Using VSA (Volume Spread Analysis)

Ibid #5. At least am consistent (.) The new system takes rl and aligns the new balance patterns' situating on the chart with different uses of rl. The balance patterns, in order of degree of difference from rl, are: what rl's similar to: ...

Pattern's Chemo-Electric Trading Journal

another — (thanks to the various coders) Hiekin Ashi.............. rl balance (current: url ; .............................next vsn in draft) CDRW Spread...........highest: hi-lo candle channels bettervolume............low (yellow) high ...

EUR/USD patterns

Thank you. Yes, that actually clears my mind about it. In stocks, I was told limit orders are how to go, also; only there, they'll even tell you what time the marketmaker for a particular stock clocks in for work. (And I had less than 1-200 on the ...

Hide your SL from stop hunting