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Most volatile EU/GU/XAU/BTC trading

My friend profitfarmer reminded me with his post that we have to summarize.

So, my month was awful. It is only +17.2%.
Same sh*t happened in August, when I was averaging Gold.

AVERAGING IS NOT MY GOAL! AVERAGING IS NOT MY GOAL! AVERAGING IS NOT MY GOAL! AVERAGING IS NOT MY GOAL! (trying to learn that)

Green days to all!
Observer effect
Dear Ryuryu and RickM,

Once again I am asking for guidance.

My friend wrote an algorithm, that collects data from Bybit (API). Every time new trade gets filled, algorithm also saves current status in Order book (3 levels up (ask) and 3 levels down (bid)).

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Then I choose particular area of the chart that I am interested to see what happened (For instance what is happening in a nice trend or in the reversal area).
I filter the trades by the price and I analyze the data. (For bid and ask quantity I am showing average value.)

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My current understanding of market is:
If there is more market (buy) orders then limit (sell) orders in the particular price level, than market orders will "eat" all the available limit orders and will move the price (higher) to the next level where there are limit (sell) orders. This process will be repeated until all market order will be filled.
But if in particular price level there is more limit (sell) orders than market (buy) orders, than all market orders will get filled at this level, and price will not move.

My question is: Why is there so much limit orders in my data? In my analysis there is always more limit (red circles) than market orders (blue circle), so the price should not move. But the price does move... What am I doing/analyzing/understanding wrong?

Thank you in advance.

Best regards!
Hi Mihajlou!

Quoting Mihajlou
My current understanding of market is: If there is more market (buy) orders then limit (sell) orders in the particular price level, than market orders will "eat" all the available limit orders and will move the price
Absolutely right! Very good question and great job done!

Quoting Mihajlou
... so the price should not move. But the price does move... What am I doing/analyzing/understanding wrong?
Remember that you forgot about stops. They are market orders too. Once certain price level hit - stop will become market order and will act like ordinary market order looking for liquidity in the nearest limit orders. It called stop cascades and the task of the big player is to trigger pool of stops to help him push the price to desired level for free.

Quoting Mihajlou
I filter the trades by the price and I analyze the data. (For bid and ask quantity I am showing average value.)
I tried that way too, but better to analyze quantity per time, not the price (in volume/delta calculations). Price doesn't matter. Speed matter. But speed has no price, it has time and amount.

I'm using orderbook (for now) only to determine the "wall". I'm trading as market maker, but if profit allow to close the trade (near the wall) I'll close it using market order to avoid bouncing back. I tried placing tp as some level, dynamically on ma (or on stoch, or whatever), but walls ruin all my "wishes". So best way to close the trade is to stick to the wall and then execute it as a taker. Yes, few bucks more for fees, but close trade in profit better than existin position with unknown future
Observer effect
Quoting ryuryu
Ok guys, I have made this: 1. Collection OCHL data and save it to database
Ruy make yourself favour and use "industry" standard format OHLC,
If you need to use a libraries, you dont need to do conversions.

Sorry for be besserwisser.
Quoting kk100
{quote} Ruy make yourself favour and use "industry" standard format OHLC, If you need to use a libraries, you dont need to do conversions. Sorry for be besserwisser.
"Industry" standard is when they say that stochastic and RSI shows oversold and overbought areas. Yeah, very interesting but useless and even dangerous information.

Open, Close, then High and then Low = OCHL, not OHCL. OHCL make no sense. Why Open and High in one cell? That make sense only for "buy" "bear" market. For "sell" (shorts) that make no sense. Then it must be OLCH in that logic.

So I'll call it OCHL, sorry if your eyes are bleeding about it haha

p.s. it is like candle color. Green bullish, red bearish. Why? I want opposite. I want red bullish. Or even let both be green. Why not?
Observer effect
Quoting ryuryu
{quote} "Industry" standard is when they say that stochastic and RSI shows oversold and overbought areas. Yeah, very interesting but useless and even dangerous information. Open, Close, then High and then Low = OCHL, not OHCL. OHCL make no sense. Why Open and High in one cell? That make sense only for "buy" "bear" market. For "sell" (shorts) that make no sense. Then it must be OLCH in that logic. So I'll call it OCHL, sorry if your eyes are bleeding about it haha p.s. it is like candle color. Green bullish, red bearish. Why? I...
Hehehehe, dont blame me, why some twats started using such a format, o,h,l,c.
thanks for kick for butt, now my eyes are bleeding for laugh.
purpose was only remind, if using some library and read using library functions fill charts or arrays.

I would like not have candles, only dots.

Have a Nice Weekend.


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Yayoi Kusama
Quoting kk100
{quote} Hehehehe, dont blame me, why some twats started using such a format, o,h,l,c. thanks for kick for butt, now my eyes are bleeding for laugh. purpose was only remind, if using some library and read using library functions fill charts or arrays. Have a Nice Weekend.
hehe

What libraries you suggest to use? I'm using pandas for now and ta.
Observer effect
Nozzer dont send me private messages and asking about Ryus and Ricks trading. Go Ryans rooms, if he allow you.
I told you this once earlier.
Thank you.
Quoting ryuryu
{quote} hehe What libraries you suggest to use? I'm using pandas for now and ta.
I wrote everything , including ML by myself 20 yrs ago. So no need to use other libraries.

Maybe talib is oke, i havent look that for 10yrs.

Some projects i was using chartings libraries, from fmlabs, they have lot of stuff, maybe talib has all that too now.
  • Post #790
  • Quote
  • Edited May 1, 2022 3:51am Apr 30, 2022 4:13am | Edited May 1, 2022 3:51am
Quoting kk100
Nozzer dont send me private messages and asking about Ryus and Ricks trading. Go Ryans rooms, if he allow you. I told you this once earlier. Thank you.
Yes, if you guys want to trade using delta and volume pm me I'll give you invite to my discord trading room.

Quoting kk100
{quote} I wrote everything , including ML by myself 20 yrs ago. So no need to use other libraries. Maybe talib is oke, i havent look that for 10yrs. Some projects i was using chartings libraries, from fmlabs, they have lot of stuff, maybe talib has all that too now.
Got it. I'm using ta instead on ta-lib. I failed to install it, a lot of errors and since I just need few moving averages ta is good for that



I'm so famous so people can't stop discussing me. Last what they what to know why I code now. Don't know what is the reason for such close attention...

The thing is that I was hiring coders for years. I spent a lot of money and time for that. The problem is that: if you want to make something, you create the task. Then you send it to coder. He make it within a week. But 2 days after start you realize that you don't need it/don't need it that way. But wait, then test. Then next task. Repeat in loop. Then you understand that you have zero results but 1,5 years passed and tons of money spent.

So now I realized that I was wrong and better spend time and money for self education, not for coders. I started to learn coding myself. I started with pine script to create indicators for tradingview. Then added python, because one of my friend know it very well and he taught me the basics. Now I'm creating my own stuff.

For example here is my binance scalp bot: https://github.com/ryu878/binance_fu...scalp_grid_bot

Attached Image


Feel free to fork it, change, add features or use as-is. But remember: use it at your own risk. And remember that it is just an example. There are a lot of things you can improve.

I have a lot of stuff written on php for crypto and on mql5 for forex: bots, utils, dashboards and so on. So now I'm just making the same but with python, addin features and testing new ideas.
Observer effect
  • Post #791
  • Quote
  • Edited May 1, 2022 3:47am Apr 30, 2022 2:09pm | Edited May 1, 2022 3:47am
Quoting ryuryu
For example here is my binance scalp bot: https://github.com/ryu878/binance_fu...scalp_grid_bot
BTW guys from my discord trading room asked for bybit bot too, so I have created it and uploaded to github too: https://github.com/ryu878/bybit_scalp_bot

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For example less than 4 hours and it earned +0.93% on APEUSDT So you can try it

p.s. +0.9759% while I was posting that
Observer effect
Today I have some free time to post few things about trading.

As I said many times forex and whole trading is full of myths, believes but it has lack on knowledge and mathematics.

Today I made +3.03% profits on 3 pairs: APE, SLP and GMT.

Average distances / gain since 0:00 UTC:
APE - 0.53% / -17.09%
SLP - 0.63% / +29.52%
GMT - 0.41% / -1.1%

Now let's compare this to forex. We have Gold, the average distance is 0.03%. Friday gain +1.08%

Now let's make calculations. For example I want to trade with 1x leverage and earn 1%. Then I need to make 33 trades on Gold and 1 on APE.
So my risk is 33 times higher on forex.

What we forgot to calculate here? Spread! What is spread? I call it "hidden commission". On crypto my fees on bybit are 0.01%, or 0.02% per turn. And there are no spread, it is zero. So it is 20$ per 100k. On forex it is 5.5$. Yes? Nope. 21 is spread. So my commission on forex is 26.5$. Now let's multiply it on 33. It is 874.5$. Nice? Very nice. To earn the same I have to risk 33 times more and pay not 20$, but 874.5$.

And the funniest thing. I made that +3.03% with full auto bot, that use SIMPLE strategy: it open the trade (only shorts) if the price > EMA6 high and if stochastic >80. And immediately place take profit at the distance EMA6 high - EMA6 low. That easy. That simple. If EMA6 low > entry it will add x2 more and move tale profit accordingly to new position size and entry price.

So. It is simple, stupid, easy, ordinary OHCL bot! And it earn 3%/daily. Why? Because all you have is no choose best gainers. And trade it.

They say "trend is our friend". No. Trend is not. Excel is your friend. Math is your friend.

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Look at the delta signals. They are just PERFECT. No need to open the trade on every stochastic or any OHCL data. All you need is delta.
So my next task is no implement volume/delta calculations and improve the bot to open the trades on delta signals.
I have already prepared everything, like saving ohcl data to the database and saving volume. So very soon I'll have good custom charts with real delta (this one is "fake" tradingview data, not very accurate).


Green days to all!
Observer effect
Quoting ryuryu
{quote} It works the same way. I think it is because there are no weekends and holidays on crypto, so the data is not corrupted. But on forex it is not. On forex 1h-4h is totally corrupted. The data is awful (both volume and OHCL). Impossible to use it. {image} {image}
Hello Ryuryu, how can I add this indicator to tradingview????
Quoting bugsbunny110
{quote} Hello Ryuryu, how can I add this indicator to tradingview????
hey bugsbunny110!

I tried 2 times to post my indis to tradingview to be able to share them for free (my discord group friend remember all the tries). Both times they ban me. Because

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and
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And you know what?

I'm F tired of all that assholes around with they F rules.

They can go and F themselves using their book full of stupid tradingview rules. Rules on FF, rules on TV. Are you kidding me? You want my head to blow because you assholes made rules? F you.

Also you know what? To share my FREE F indicators with you I HAVE TO PAY tradingview 960$/year.
To share. With you. Me. Have. To. Pay. And. They. Will. Ban. Me.

So. I have decided to create my Custom Ruyryu Awesome TradingFuck Charts. And then you can have FREE access to it. And there will be all my indis too. And stupid idiots from tradingview can go and F themselves once again.

Let's croudfound! We can have REAL volume data, REAL delta. Not that tradingview shit (even CME subscription data if FAKE - compare with culsterdelta).
Observer effect
Quoting ryuryu
{quote} hey bugsbunny110! I tried 2 times to post my indis to tradingview to be able to share them for free (my discord group friend remember all the tries). Both times they ban me. Because {image}and {image} And you know what? I'm F tired of all that assholes around with they F rules. They can go and F themselves using their book full of stupid tradingview rules. Rules on FF, rules on TV. Are you kidding me? You want my head to blow because you assholes made rules? F you. Also you know what? To share my FREE F indicators with you I HAVE TO PAY...
Yes
Let's do it when you are ready
Quoting ryuryu
{quote}
And you know what? I'm F tired of all that assholes around with they F rules. They can go and F themselves using their book full of stupid tradingview rules. Rules on FF, rules on TV. Are you kidding me? You want my head to blow because you assholes made rules? F you.

(even CME subscription data if FAKE - compare with culsterdelta).


Hi ryuryu,

It is always hard to read threads where I see someone go into a meltdown.

It might be best now imho if you consult with your family & close friends (not posters) regarding your behaviour & condition BEFORE you make another similar post on this Journal.


To start asking for crowdfunding might also put you in a more awkward position than you realise.

You may then need to employ an external independent auditor (accountant) to verify the incoming money, and for what purpose it is used for, which may then become taxable income etc for you in your locality (Spain ?).

Other considerations you might have would be what to do with any excess money, if you receive more than say the $960 you mention you needed for TrdView, ie what happens to the extra money in a legal sense.

All I am reading here sadly is a person in pain, in pain as you say from the Rules (of life/society/forums etc), where really you should now be buoyant and on
TOP OF THE WORLD.

Making around a 3% a day increase on your a/c. Which trading seven days a week as you do with crypto means you are doubling your a/c pretty much each month.

Something is not so good if you are not happy with your life at present, while many others around the world are suffering far greater things at the moment other than societal rules &/or money.

I know this does not have to be your concern, and I agree to a point, but your posts are becoming more incomprehensible to me and it is hard to stand by & watch without making a small suggestion (I have witnessed this in other posters over the years and it does not always have a good outcome).

Please sir, we have had ‘our moments’ I know in FF postings but I have also seen your humerous side and can laugh along with you at times but I sense you are sliding and all this is maybe unnecessary.

Enjoy your trading. And please enjoy your life. Enjoy other posters also & the Forex Factory interactions.

See what you think. All the best.
Pete

(ps are you saying that Rick’s CME vol data is fake in your post above, I am trying to understand your comment there)
Quoting ryuryu
{quote} hey bugsbunny110! I tried 2 times to post my indis to tradingview to be able to share them for free (my discord group friend remember all the tries). Both times they ban me. Because {image}and {image} And you know what? I'm F tired of all that assholes around with they F rules. They can go and F themselves using their book full of stupid tradingview rules. Rules on FF, rules on TV. Are you kidding me? You want my head to blow because you assholes made rules? F you. Also you know what? To share my FREE F indicators with you I HAVE TO PAY...
You have a good work..., what about to share with us the script code so we can use it
Quoting ryuryu
{quote} hey bugsbunny110! I tried 2 times to post my indis to tradingview to be able to share them for free (my discord group friend remember all the tries). Both times they ban me. Because {image}and {image} And you know what? I'm F tired of all that assholes around with they F rules. They can go and F themselves using their book full of stupid tradingview rules. Rules on FF, rules on TV. Are you kidding me? You want my head to blow because you assholes made rules? F you. Also you know what? To share my FREE F indicators with you I HAVE TO PAY...
I think any RATIONAL person who reads the above post will conclude that ryuryu needs help. Maybe something is happening in his life that is making him act out so emotionally and immaturely,,,,hardly the sign of a professional by any stretch of the imagination. Trading is ALL about controlling emotions or you will absolutely fail....System/Method/Math 10%... Psychology 90% And if you havent figured that out yet you have a long ways to go on your journey.

My advice for you Ryan is you need to work on you.. Following rules is a part of life and if you cant follow others rules how are you ever going to follow your own trading rules ?

And btw $960 yr is cheap. Thats a cup of coffee a day. Or spend your time building charts and all the expenses that come with that or perhaps you dont put a value on your time.. $960 just seems cheap to me considering the alternative.

Good luck to you
The Best Loser Wins
Quoting TimeTells
{quote} Hi ryuryu, It is always hard to read threads where I see someone go into a meltdown.
Do not read it.

Quoting TimeTells
(ps are you saying that Rick’s CME vol data is fake in your post above, I am trying to understand your comment there)


I said the tradingview CME volume data is fake. Didn't get where RickM is here. We are using CME volume data trading forex. For mt4/5 and motivewave the data is the same, on tradingview paid plan it is different. I know why, RickM knows. You don't. But instead of asking why you start to create fairy tales around me.

Sorry, play your game alone. I'm not interested. If you are not able to read and understand posts in English I can't help here.

Quoting TimeTells
All I am reading here sadly is a person in pain, in pain as you say from the Rules (of life/society/forums etc),
I'm not in pain. You ask for my indicators, not me. I have them since I created them. All I said, is that I'm tired with all the f*cking stupid rules around. And I don't want to spend my time for that bullshit. So sorry guys, that is the reason you will not have my indicators. That is all I said.
Observer effect
Quoting bluesteele
Trading is ALL about controlling emotions or you will absolutely fail....System/Method/Math 10%... Psychology 90%
It is not.

Quoting bluesteele
My advice for you Ryan is you need to work on you..
I'm terribly sorry, but I don't need your advises.

Quoting bluesteele
Following rules is a part of life
I'm very happy with that. So I failed to follow very important tradingview rules, that's why you will not get my great custom indicators.

Quoting bluesteele
And btw $960 yr is cheap.
Cheap for what? Cheap to give you the ability to use my custom indicators? I think it is not cheap. For me it is loss. Just 960$ loss for me. And one more thing: tell me one reason why I should pay 960$ for the ability to share my work with you? Don't you see the logic problem here?

And we never talked about global reason why I should share anything with you. You all my competitors (in fact not, because as I see you all are just funny retired demo dreamers/line drawers).
But anyway why I should give you something? And pay for that - is just nonsense and abnormal.
Observer effect
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