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- kennerU replied Apr 28, 2020
Fully agree. For each of those marvelous setups, I could take an example chart that looks equally probable but where price goes the opposite way right where the system triggered an entry signal.
- kennerU replied Apr 27, 2020
That's quite a valid question. I wouldn't know a good answer to it, but I think it has to do with who - buyers or sellers - are taking the initiative. My own understanding of this is: To distinguish between these concepts of 'buying volume' vs ...
- kennerU replied Apr 17, 2020
Strictly following such a rule implies that you're always in the market, either long or short depending on the oscillator being positive or negative. This I think either leads to being swapped to death in ranging markets or failing to catch any ...
- kennerU replied Apr 10, 2020
That's suddenly getting pretty tight considering the initial SL of 100 pips. Not sure what kind of math is making this look promising. Anyhow I would say it is quite easy to automate and (back)test this strategy extensively considering its ...
- kennerU replied Apr 8, 2020
Past prices reflect the interaction between all market participants. How can future prices be independent from past ones if they're driven by positions from those same market participants, with their knowledge of how past prices were behaving? I ...
- kennerU replied Apr 2, 2020
My feeling is that the disagreement is rather semantic here. I agree with Mingary that the market is never non-random. Otherwise we would all be millionaires, or wait a minute.. perhaps no one then. However for me there is a difference between a ...
- kennerU replied Mar 30, 2020
In theory Spikehunter is right. If you apply no more rules other than a fixed step size for a random walk, the outcome is unbound. The possible price range after N steps with let's say X being the single step size is: starting price +/- X*N. A ...
- kennerU replied Mar 28, 2020
I mean to say that random walks, be them pure or with Levy Flight, lack the dimension of time, thus do not prescribe 'rules' for the rate of change of price.
- kennerU replied Mar 27, 2020
And there's yet another one... All right even IF one would not be able to distinguish forex charts from random walk charts, there's still one important property that is overlooked but definitely makes the market non-random. It's volume, i.e. the ...
- kennerU replied Mar 2, 2020
Let me quote from an older post of mine: 'Why do people not realize that if trend-like patterns can be generated by a random walk, the inverse is nót necessarily true.' Here with the inverse I mean the assumption that the market exhibits behavior ...
- kennerU replied Jan 28, 2020
Thank you, that makes sense, yes. I understand that how the position is closed is crucial and I was indeed referring to an order being closed at the predefined TP, so above the market when long, below the market when short.
- kennerU replied Jan 28, 2020
What about closing positions at a take profit target? Isn't that equivalent to executing a pending limit order? Or would you consider them market orders as well?
- kennerU replied Jan 6, 2020
Generally I would say an optimal one does not exist. It's always a trade-off between either going for the home-runs by widening the stop or aiming for accuracy by setting it tighter. On the other hand I believe an optimum might exist for a specific ...
- kennerU replied Dec 29, 2019
I won't do this claim about myself but I happen to know people in real life who are trading for a living. If it wasn't for that, I would most likely share your view.
- kennerU replied Dec 19, 2019
DonPato, are there particular pairs you prefer to trade over others? From your experience, have you noticed certain pairs to be moving more in line with order flow read from your charts? I could imagine that tick volume of a minor like CADCHF would ...
- kennerU replied Dec 9, 2019
Thank you for your words. I diminished the timeframe variation by a more refined sampling method, using a superposition of histograms. So, now I'm either 'right' or systematically wrong. If I have something to tell or show that could be of added ...
- kennerU replied Dec 5, 2019
No problem DonPato, take your time. I will not argue with you about the accuracy, as I consider your eyes to be trained better than mine. That sounds like a reasonable explanation. If I keep on observing this variation, I guess it might be something ...
- kennerU replied Dec 4, 2019
This is what the indicator with my latest calculations looks like for EurUsd. image And here the indicator in its base form, of which I expect it would approximate your graphs for the same timeframe (1hr): image I find the 1st one less chaotic, ...
- kennerU replied Dec 3, 2019
Thank you for your response, I think it answers my question. Also much appreciated considering your situation. Based on the resemblance, my guess is that the proprietor of the delta volume profile indicator used a formula that he mentions elsewhere ...
- kennerU replied Dec 2, 2019
Interesting thread! DonPato, have you reviewed how your volume profile indicator splits the volume in bullish and bearish parts or did you take its calculations for granted? I had a shot at recreating the indicator in mt4 and the result looks very ...