Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

Most Volatile & Crazy Month? 6 replies

Anyone try using XAU/USD - XAU/EUR as proxy for EUR/USD? 4 replies

The most volatile pairs? 5 replies

the most volatile instrument 4 replies

Most volatile over the long term? 0 replies

Attachments: Most volatile EU/GU/XAU/BTC trading
Exit Attachments

Most volatile EU/GU/XAU/BTC trading

Quoting BlackNapkins
{image} Another success..
Do you have any excel with stats? I highly recommend to record every trade with some text description. Also it is good to make screenshots. Later you can analyze. Especially the losses.
Observer effect
Yes, of course I do documentation in excel ..
Each trade screenshot on 3 TFs, opening and closing times, the size of the DD before the trade is closed, the duration of the trade and some others, such as capital increase / decrease and weekly statements. I also keep a diary with various comments and on weekends I analyse everything I have done on the market.
Regardless of that, I also have a personal journal ...
I draw conclusions but do not apply them. I'm an old stupid and stubborn donkey ...
BN
Attached Image (click to enlarge)
Click to Enlarge Name: Wed.png Size: 24 KB

This isn't trading. Off till Monday.
BN
  • Post #344
  • Quote
  • Edited at 1:21pm Jan 19, 2022 11:45am | Edited at 1:21pm
Today was slow day for me because I was out most of time. So no much trading today

Forex:
Long XAU +0.16%
Short XAU +0.19%
Long XAU +0.13%
Long XAU +0.07%
Long XAU +0.05%
Long XAU +0.07%
Long XAU +0.07%
Long XAU +0.11%
UPD
Long XAU +0.07%
Long XAU +0.14%

Total +1.06%

Crypto:
Short XRPUSDT +0.46%

Forex trades made on 1m TF, crypto trades on 1H TF. The logic is the same - volume.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 175 KB
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 212 KB
Observer effect
Quoting ryuryu
Today was slow day for me because I was out most of time. So no much trading today Forex: Long XAU +0.16% Short XAU +0.19% Long XAU +0.13% Long XAU +0.07% Long XAU +0.05% Long XAU +0.07% Long XAU +0.07% Long XAU +0.11% UPD Long XAU +0.07% Long XAU +0.14% Total +1.06% Crypto: Short XRPUSDT +0.46% Forex trades made on 1m TF, crypto trades on 1H TF. The logic is the same - volume. {image}{image}
Nice setups on those charts Ryan.

I don’t understand how traders can rely on lines (magic stuff apparently) or candle shape patterns (movement lacking substance) without knowing whether directional delta is being accepted or rejected in price movement.

Delta offers us confirmation of the big players roadmap and proving Volume is key.
Trading thin liquidity at the boundary of the charts
Quoting RickM
{quote} Nice setups on those charts Ryan. I don’t understand how traders can rely on lines (magic stuff apparently) or candle shape patterns (movement lacking substance) without knowing whether directional delta is being accepted or rejected in price movement. Delta offers us confirmation of the big players roadmap and proving Volume is key.


I must confess that I was blind and dumb. It is very strange but I was trading crypto for years using volume data. But on forex I used that "tick" data and it was awful experience. I was wondering why the results are so different. Until I met you and you told me how to use and where to get the data. Since that time everything fell into place. Thank you very much, you are the best!


Every trader must stay away as far as possible from any type of synthetic "tick" data. Better even not to check it at all and pay no attention if you don't have normal real data.

And you are absolutely right. Using standard indicators is good and pretty reliable, but there is a missing piece of puzzle for sure and it is volume data. But you know that most people are even use indicators in wrong way. Like they add MACD and Stoch/RSI at the same time. But they don't realize that you can mix open/close/high/low data as you want but the results will be the same.

I think that before trying volume/delta trading first every trader must learn how indicators work. What they are calculating, what their variables mean etc. Then try higher TFs and only after that try to understand the order flow.
Observer effect
Quoting ryuryu
{quote} You can create the same, they are pretty simple. First you must declare what MA to use like this: // EMAs ema6low = ta.ema(low, 6) ema6high = ta.ema(high, 6) ema6close = ta.ema(close, 6) ema30close = ta.ema(close, 30) ema60close = ta.ema(close, 60) ema120close = ta.ema(close, 120) ema240close = ta.ema(close, 240) ema480close = ta.ema(close, 480) Next you need to declare, for example, what is previous high, what is low. Like this // Previous High prevhi = high[1] prevhi2 = high[2] prevhi3 = high[3] prevhi4 = high[4] prevhi5 = high[5] and...
Hi just passing by,

Will you consider trimming your code by not defining terms such as "ema = ta.ema()", but code them directly in the equations? Same for high[N]
Secondly when you was to define close>ema6, how about just use ema6high (and ema6low vise versa), because ema6high is always higher than ema6close and ema6low.
Lastly is when ema30 and ema60 is in opposite side of the close, wouldn't it be all ema <30 period on same side as ema30 and >60 on same side as ema60? I haven't verified that. if you want to define ema60 to be >ema240 than maybe better to code ema60>ema240 instead
Just my 2 cents.
Quoting tommydoginti
{quote} Hi just passing by, Will you consider trimming your code by not defining terms such as "ema = ta.ema()", but code them directly in the equations? Same for high[N] Secondly when you was to define close>ema6, how about just use ema6high (and ema6low vise versa), because ema6high is always higher than ema6close and ema6low. Lastly is when ema30 and ema60 is in opposite side of the close, wouldn't it be all ema <30 period on same side as ema30 and >60 on same side as ema60? I haven't verified that. if you want to define ema60 to be >ema240 than...
Hi! Since I'm definitely not a good coder I even don't understand what are you talking about

For example I want to place an arrow on the chart at every candle, but the "direction" must be up.
What is Up for me?
EMA240 > EMA120 and EMA120 > EMA60 and EMA 60 < EMA120
All 3 moving average are is order: red (60) on top, then yellow (120) lower and green (240) is the lowest

So I can create a variable
uptrend = ta.ema(close, 240) > ta.ema(close, 120) ...

then If I want to mark every candle that is higher ema60 and the order is bull then
plotshape(high < ema60close and uptrend ...

I know the code is awful and not clean and very big but it works.

Attached Image

For example here we have

1. Early cross. Ready, steady...
2. Golden Cross. GO!!!
3. Delta changed from negative to positive and the volume is > than X lots - ENTRY
4. Delta change to opposite - time to close the position or start closing it partially.
5. Stoch at the top and tend to reverse - close all.
Observer effect
Quoting ryuryu
{quote} Hi! Since I'm definitely not a good coder I even don't understand what are you talking about For example I want to place an arrow on the chart at every candle, but the "direction" must be up. What is Up for me? EMA240 > EMA120 and EMA120 > EMA60 and EMA 60 < EMA120 All 3 moving average are is order: red (60) on top, then yellow (120) lower and green (240) is the lowest So I can create a variable uptrend = ta.ema(close, 240) > ta.ema(close, 120) ... then If I want to mark every candle that is higher ema60 and the order is bull then...
I get you now.

Was suggesting to shorten the code a bit. For simple indicators it is okay to be "dirty". I myself am also not good at coding Pinescript but learning when needed.

It was when I code my custom indicator into a multi-pair scanner that the trimming start becoming necessary as TV will load slower. So I think it does not hurt to explore ways to tidy the codes even they work perfectly, one being defining less variables.

e.g. ema(high,6) is always higher than ema(close,6).
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 230 KB
Quoting tommydoginti
{quote} I get you now. Was suggesting to shorten the code a bit. For simple indicators it is okay to be "dirty". I myself am also not good at coding Pinescript but learning when needed. It was when I code my custom indicator into a multi-pair scanner that the trimming start becoming necessary as TV will load slower. So I think it does not hurt to explore ways to tidy the codes even they work perfectly, one being defining less variables. e.g. ema(high,6) is always higher than ema(close,6). {image}
Thank you for clarification! Now I understand.
In my case >ema6 high is of course >ema6 close but I need to catch exactly if price >ema6 high. Sometimes even it's high must be higher.

It is not necessary to use 6/30/120/240/480 etc. You can use any you like. I just thought that since we are taking about time there are 60 pieces, not 100. That's why for example ema 50/100/200 make no big sence for me.

It is just the start point from what to start the calculation from. The same way I'm calculating the envelope distance for each pair. I'm using usd as master pair. May be it is wrong, but it looks logical and looks correct.
Observer effect
  • Post #351
  • Quote
  • Edited at 7:52am Jan 20, 2022 7:40am | Edited at 7:52am
let me show example, few minutes ago on XAU

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 35 KB

As you see it was big delta, then it changed. Safe long here. I missed that because I was out, but this is great example how to trade volume.

UPD:
And now,
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 23 KB

when market draw "fuck" signal haha, when it is great
I mean the volume histogram look like fingers
Observer effect
Quoting ryuryu
Today was slow day for me because I was out most of time. So no much trading today Forex: Long XAU +0.16% Short XAU +0.19% Long XAU +0.13% Long XAU +0.07% Long XAU +0.05% Long XAU +0.07% Long XAU +0.07% Long XAU +0.11% UPD Long XAU +0.07% Long XAU +0.14% Total +1.06% Crypto: Short XRPUSDT +0.46% Forex trades made on 1m TF, crypto trades on 1H TF. The logic is the same - volume. {image}{image}
So, basically you want delta confirmation on MA bounce.......
I have nat gas chart below. Am I doing correctly?
Attached Image (click to enlarge)
Click to Enlarge Name: 2022-01-20_21-54-09.png Size: 1.7 MB
Simplicity is the ultimate sophistication - Leonardo da Vinci
Quoting heispark
{quote} So, basically you want delta confirmation on MA bounce....... I have nat gas chart below. Am I doing correctly? {image}
Yes, but I also check the distance from MA, MA order, candle size, time. And delta size of course too.
Observer effect
  • Post #354
  • Quote
  • Edited at 10:40am Jan 20, 2022 10:26am | Edited at 10:40am
Today +4.29% and I'm done

+0.07% XAU Short
+1.66% XAU Short
+0.11% XAU Short
+0.11% XAU Short
+0.15% XAU Long
+0.08% XAU Long
+0.19% XAU Short
-0.90% XAU Short
+0.71% XAU Long
+0.14% XAU Long
+0.20% XAU Long
+0.27% XAU Short
+0.21% XAU Long
+0.18% XAU Short
+0.07% XAU Short
+0.41% XAU Short
+0.09% XAU Long
+0.07% XAU Long
+0.23% XAU Long
+0.17% XAU Long

Total 20 trades. I have 21 max for day, so I have one left, but I don't want to risk much

UPD, can't resist that beautiful delta
+0.17% more, and it is +4.47%

So I made 21 trade today, no empty slots left
Observer effect
Quoting ryuryu
{quote} Yes, but I also check the distance from MA, MA order, candle size, time. And delta size of course too.
But when this marked candle shows positive delta is it confirmation to keep long position going on?
BN
Anyone use cumulative delta volume like this?
Attached Image (click to enlarge)
Click to Enlarge Name: 2022-01-21_01-48-35.png Size: 3.2 MB

I tried to figure out practical and effective usages of cumulative delta years ago but couldn't figure it out. However, it still looks have some potentials..........
Any feedback?
Simplicity is the ultimate sophistication - Leonardo da Vinci
Quoting heispark
Anyone use cumulative delta volume like this? {image} I tried to figure out practical and effective usages of cumulative delta years ago but couldn't figure it out. However, it still looks have some potentials.......... Any feedback?
Some people use divergency of cumulative delta and price
BN
  • Post #358
  • Quote
  • Edited at 12:29pm Jan 20, 2022 12:18pm | Edited at 12:29pm
Quoting BlackNapkins
{quote} But when this marked candle shows positive delta is it confirmation to keep long position going on?
Yes, you can keep the position. But since I'm using ultra high leverage I prefer to exit as soon as possible. No one knows what will happen next.
I'm exploiting the vacuum, the imbalance on the market. Market tend to smooth everything and it always go to "Zero", to the average. That's why it will calm down very fast in most cases.

Attached Image

For example let's check that XRP chart. It is 1H.
There are 4 entry points. As you see some of them moved far away, some not. Better to exit at 6 EMA low/high and forget. Because it is impossible to predict how much it can go.

On XAU I'm using 1M TF, so the distance is far smaller. I need at least 21 points. It will give me 0.07% profit. My bot run every position and track the dynamic TP (trail it).

Quoting heispark
Anyone use cumulative delta volume like this? {image} I tried to figure out practical and effective usages of cumulative delta years ago but couldn't figure it out. However, it still looks have some potentials.......... Any feedback?
I'm not using cumulative delta. I don't understand how to use it. I'm using delta - the difference between real buys and real sells. That give the the information what is happening right now (what happened 1 min ago). Cumulative delta... I tried to check it, but I don't know what it shows.
Observer effect
Attached Image (click to enlarge)
Click to Enlarge Name: imbalance 2.png Size: 15 KB


Would you take such trade?
BN
Quoting BlackNapkins
{image} Would you take such trade?
I need context.

#1 draw 5 MAs:
60 EMA close
120 EMA close
240 EMA close
6 EMA low
6 EMA high

#2: it must be 1m TF (if it is forex)
#3: show me 1H TF with same MAs
#4: Place on both 1m and 1H Stoch with 15/1/3 settings

#5 Draw daily open
#6 Draw Asian middle (02:00-10:00)
#7 draw envelope that way that 1 distance must be equal if master pair is EU and 1 step is 0.25%

5-6-7 are not "must have", but highly recommended

#8 Show me real volume delta for about 60 candles back at least
Observer effect
0 traders viewing now