The Great Pumpkin

[angmesgogomwz]

This is a journal also to try stuff I've not tried before, and to research some ideas that are shareable. I don't promise anything helpful.

[mico]

Improved Bollinger Bands indior. Inside this comment PipMeUp discusses issues with the implementation of the Bands indior. His objections are: 1) The number of samples to the deviation should be typically much larger than the one for the MA. This implementation makes it possible for this, as you are able to specify the amounts separately. 2) The consequences of the simple moving average is half of its period. If we subtract the moving average at stake from the price at candle ... Hi Kprsa!

I've 2 questions for you https://www.nigeriaforextrading.com/attachments/1525112958.png

1) Bollinger Bands: Considering that the samples to the deviation should be higher than the one for the MA, I would love to know whether there is a best relation between the 2 samples... just how much larger the deviation samples should be???

Two) Recurrence Indior: On your wonderfull indior you give us the Max width of the problem zone lt;kgt; to the different kind of pubs.... If possibile it'd be usefull if the indior state the date and time where the max problem has been measured. Simply to give a complete info, where I could check with my eyes and see exactly what happened there https://www.nigeriaforextrading.com/attachments/1525112958.png

Thanks for your great work!

[bmuno11599]

image Sweet call k, this relies on the theory of supply/demand imbalance?

[angmesgogomwz]

The guest was in the mood for red wine, so I retained the place open. The neck is slowly currently showing up. Time for a burst upwards (champagne) and then reversal pattern (desert of this dinner).
k
https://www.nigeriaforextrading.com/attachments/15249716061622309276.jpg

[angmesgogomwz]

quote KP The way to perform this trick Sir? Hi, I do not aspire to edue trading to anybody (I'm also learning daily). There are a number of resources on the net for this.
Start with all the moving average cross. The Bollinger Band image I showed is something similar, but it gives you info about the chart. Note that this egy works in a fashion.

http://www.investopedia.com/university/movingaverage/movingaverages4.asp

Cheers,
k

[JYemay93]

Hi all,


quoteThe maths is far over my head You are not the only one.

Http://www.mathsisfun.com/data/standard-deviation.html
http://www.mathsisfun.com/data/standard-deviation-formulas.html

Calculating standard deviation involves some numbers as well as their mean (average). I.e. if you take 5 bars (close prices to be exact), it takes the mean of those 5 bars and makes calculations based on the gap of THOSE pubs from THEIR mean. The original BB indior does just that. Let's say we are at current pub, having an index of 0. The prior pub has index 1, the pub before that has index 2 etc. (This is only for non-coders to understand the example.) Hence that the indior will use bars 4,3,2,1,0.

Today, let us say we use 6 as MA_Period (has to be since the code divides it by 2 and adds it to the index factor, and that can only be an integer) and 10 as BandsPeriod in krpsa's indior, and we are in the current bar again. In accore with his code, pubs 5,4,3,2,1,0 are used to compute the average (which is up to now the same), and then, instead of subtracting worth of pubs 5,4,3,2,1,0 from that average (worth the typical is made of), it is going to subtract worth of pubs 12,11,10,9,8,7,6,5,4,3.

Now I'm dumb, failing to find the point of subtracting the worth of pubs 12-3 from the average of pubs 5-0 (the hyperlinks provided in the thread did not help), or that is utter bullshit that only appears fancy about the chart.

I will gladly stand corrected if I missed/misunderstood anything.

[JYemay93]

The Bands take exactly the same number of samples (candles/bars) for estimating the expression (moving average) and the standard deviation (rings). Yes, that's what I am saying also. But your code enables this identical number to be different.


SMA computes (a b c d e f g)/7, which is fine, and attributes it to price g, which isn't accurate. I frankly don't see how attributing the average to any price matters during calculation of standard deviation. The formulation does not involve time or index of the values (in our case, prices).

https://www.nigeriaforextrading.com/attachments/1525197699.jpg

https://www.nigeriaforextrading.com/attachments/1525197700.png

I fail to see any attribution.

As for the confidence interval, to me that says only it's advised to use larger samples, i.e. 200 rather than 20 (using your illuions). But it does not say that we ought to use 20 worth and use 200 values to calculate the SD, beginning from the value of the sample that is smaller. (I can only refer back to some example of using prices of 12-3 vs. the average of 5-0.)

One of us is really missing some thing here. https://www.nigeriaforextrading.com/attachments/1525197700.pnghttps://www.nigeriaforextrading.com/attachments/1525197700.pnghttps://www.nigeriaforextrading.com/attachments/1525197701.pnghttps://www.nigeriaforextrading.com/attachments/1525197701.png

[angmesgogomwz]

Second attempt.
https://www.nigeriaforextrading.com/attachments/15251126201999817251.jpg

[OhhGuixxe]

https://www.nigeriaforextrading.com/attachments/1524900770213690666.jpg

[yoliisc]

This is a diary to explore a few shareable ideas, and to try stuff I haven't tried before. I don't guarantee anything useful.
Subscribed - who can say no to cowabunga, peanuts https://www.nigeriaforextrading.com/attachments/1524900415.png

cheers

[gamzokboys]

Gnarly, dude!

[googyy]

Yay! My very own guy started a ribbon! I am all over this one. https://www.nigeriaforextrading.com/attachments/1524900415.png

https://www.nigeriaforextrading.com/attachments/1524900415.pnghttps://www.nigeriaforextrading.com/attachments/1524900415.pnghttps://www.nigeriaforextrading.com/attachments/1524900415.png

[angmesgogomwz]

Thanks for your service, people!!!
k

[Balfago]

https://www.nigeriaforextrading.com/attachments/1524900415.pnghttps://www.nigeriaforextrading.com/attachments/1524900416.pnghttps://www.nigeriaforextrading.com/attachments/1524900416.png
Have at it! It will be achievement filled I am sure. SUBSCRIBED

[angmesgogomwz]

https://www.nigeriaforextrading.com/attachments/1524900416.jpghttps://www.nigeriaforextrading.com/attachments/1524900416.jpghttps://www.nigeriaforextrading.com/attachments/1524900416.jpg Have at it! It is going to be achievement filled I'm positive. SUBSCRIBED Cheers, Baillie!
k

[Moklahes]

This thread appears somewhat like a brain storming session where new ideas will be introduced , tested and implemented.
Lets see where this goes.

[angmesgogomwz]

Improved Bollinger Bands indior.

Inside this remark PipMeUp discusses issues with the typical execution of the Bands indior.

His objections are:
1) The amount of samples for the deviation must be typically much bigger than the one for the MA. This implementation allows this, as the amounts can be specified by you separately.
2) The lag of the simple moving average is half of its period. If we subtract the moving average at position [I] in the price at Nighttime [I] to obtain the standard deviation from another measure, we're making a mistake, because the moving average due to the lag corresponds to the price half a period past. So what one should do would be to subtract the moving average at position [I] in the price [I MA_period/two]. This is fixed here.

Https://www.nigeriaforextrading.com/attachments/15249004321444469796.mq4

https://www.nigeriaforextrading.com/attachments/15249004341338213610.jpg

The Typical tricks (mixing two timeframes to exchange pullbacks):

https://www.nigeriaforextrading.com/attachments/152490043637070747.jpg

[JaimeMC57]

Register Sir.. https://www.nigeriaforextrading.com/attachments/1524900418.png
MTH

[angmesgogomwz]

Subscribe Sir.. Https://www.nigeriaforextrading.com/attachments/1524900418.png MTH This ought to work particularly well on the range bar chart, likely comparable on the Renko etc..
k

[Susana]

Improved Bollinger Bands indior. In this remark PipMeUp discusses problems with the implementation of the Bands indior. His objections are: 1) The number of samples to the deviation should be typically much larger than the one for the MA. This implementation makes it possible for this, because you can specify the amounts separately. 2) The consequences of this simple moving average is half of its time. If we subtract the moving average at stake from the price at candle ... Hey K,

Are you able to explain this a little more - looks very intriguing and I'd love to examine it with my ZZBB technique.

Cheers

V

[angmesgogomwz]

quote Hey K, Are you able to explain this somewhat more - looks very interesting and I'd like to examine it with my own ZZBB method. Cheers V As for the number of samples to gauge the variance/deviation of the sample, see for instance the internet calculator http://www.mathcelebrity.com/chiconf.php?n= 200variance= 1conf= 99pl=Standard Deviation Confidence Interval. Likely it is not too clear at this time, but it should at least be enough to pick up the main keywords, for which your new chance data books should help (confidence intervals( normally distributed variable). Be aware that in fact the prices aren't distributed normally (in the sense of Gaussian distribution - fire curve) on the conventional time-based chart, but rather they have thick tails. On the range bar chart they appear to be distributed normally, according to the link over to Kiads. Https://www.nigeriaforextrading.com/attachments/1524900418.png
As for the lag of the simple moving average (and other MAs) you can check http://www.technicalanalysis.org.uk/moving-averages/Ehle.pdf.

As for using it at the ZZBB, I think it could do the job reasonably well. Some stats should probably be done to check that the probabilities are OK...

k

[googyy]

Improved Bollinger Bands indior. Inside this remark PipMeUp discusses problems with the execution of the Bands indior. His objections are: 1) The range of samples to the deviation must be typically much bigger than the one to the MA. This implementation allows this, because the numbers can be specified by you separately. 2) The lag of the simple moving average is half of its period. If we subtract the moving average at stake from the price at candle ... That is an exceptional contribution to the Foreign Exchange community KP! Tnx a lot! The maths is far over my head, but I do recall one math nerd mentioning that the indiors in MT4 are outdated from a mathematical perspective. He said most were executed from specimens which were popular a long time before, and needed to be updated to reflect more modern realities(mathematically speaking). Your efforts seem to be doing that! So I wandered, I have an algorithm which is based on Bill Willi Percent Range indior. Might it be possible to create any progress on it, similar to what you have done with the BB here? Thank you for a highly commendable effort. https://www.nigeriaforextrading.com/attachments/1524900418.png

[angmesgogomwz]

quote So I had been dring, I've an algorithm that relies heavily on Bill Willi Percent Range indior. Is it feasible to make any improvement on it, similar to what you have done using all the BB here? Https://www.nigeriaforextrading.com/attachments/1524900419.jpg Well, in entire honesty I only changed three-four lines of code, not a really huge effort involved.

I feel the oscillators should mostly be OK, but based on the parameters, I could probably make it simpler, if this might assist in your situation. But this would probably not do such a big difference like for your BB.

k

[JaimeMC57]

quote Well, in entire honesty I just altered three-four lines of code, maybe not really a huge effort involved. I think the oscillators should mostly be OK, but based on the parameters, I could make it simpler, if this might help in your case. But this would not perform such a big difference just like for your BB. K Request your permission to include little hot to 'her' because of my price base chart environment (shifted renko). . https://www.nigeriaforextrading.com/attachments/1524900419.jpg
https://www.nigeriaforextrading.com/attachments/15249004441655377614.mq4

[angmesgogomwz]

quote Request your permission to include small hot to 'her' for my price base chart surroundings (altered renko). . Https://www.nigeriaforextrading.com/attachments/1524900419.jpg document You do not have to ask permission, just download, alter, do exactly what you desire.
k

[JaimeMC57]

along with the Instance result with default setting

EURUSD M15 TZ h16 (4 4 hours)

https://www.nigeriaforextrading.com/attachments/15249004461890720645.jpg

EURUSD M11 shifted flip renko TZ h16 (16 bricks) with 9.6 brick size (1440 bars M15 average size of EURUSD)

https://www.nigeriaforextrading.com/attachments/15249004541673201065.jpg

best regard
MTH

[googyy]

Improved Bollinger Bands indior. Inside this remark PipMeUp discusses issues with the standard implementation of the Bands indior. His objections are: 1) The number of samples for the deviation must be typically much larger than the one for the MA. This implementation makes it possible for this, because the numbers can be specified by you separately. 2) The consequences of this simple moving average is half its period. If we subtract the moving average at stake from the price at Nighttime ... Hey KP, I have been playing along with your modified bands indy in order to measure probable volatilty with the goal of picking logical stop and goal placements. Is it possible to receive a screen for the average, max and min distance between the bands at any given point in time over a specified range of pubs? Hope it makes sense.
https://www.nigeriaforextrading.com/attachments/15249004611774000923.jpg

[lalimishi]

I wish indiors were the answer to profitable trading. If they were everybody could be racking up pips. Regrettably indiors only indie the past and they don't forecast the future. No matter how elaborate your own codes. At a market you will do okay but at a ranging market losses will be suffered by you. Learn the market. Forget about the indiors.

[angmesgogomwz]

I wish indiors were the solution to profitable trading. If they were everybody could be racking up pips. Sadly indiors only signify the past and they don't forecast the future. No matter how fancy your own codes. In a market you may do fine but at a ranging market you may suffer losses. Learn the market. Forget the indiors. Hi Winston,
to a large extent I agree with you. And I am learning the market. I just composed a remark at a different thread along similar lines.
Nevertheless, I believe that there are instances where technical analysis can do a reasonably good job. 1 important place are statistically rare events. It is possible to spot events and having a large probability bet that the situation will soon be solved.
An example having an improved bollinger ring indior is, to examine the times in the uptrend at which the price melts under a lower ring. One can perform a little analysis to tune the bands width. You can wager that this is merely a spike rather than a trend shift.
It is of course easier when you approximately know what you're doing and can piggyback on the large players: put an alarm if eurchf drups to/ below 1.2 (note that this is also a rare event) and enjoy your free money. https://www.nigeriaforextrading.com/attachments/1525198260.png
best wishes
k

[JaimeMC57]

quote hi Winston, to a large extent I agree with you. And I am studying the market. I just composed a comment at another thread along lines that were similar. I believe that there are cases where specialized analysis can do a good job. One place are statistically rare occasions. It is possible to identify events that are very rare and having a large probability bet that the situation will soon be resolved. An example with a better bollinger band indior isalso, to look at the times in the uptrend where the price melts under a lower ring.... Https://www.nigeriaforextrading.com/attachments/1525198261.jpg Anything that originated from amounts, we could re-calculate back with amounts MTH

[maulixxo971]

Improved Bollinger Bands indior. In this remark PipMeUp discusses issues with the standard implementation of the Bands indior. His objections are: 1) The range of samples for the deviation should be typically much larger than the one for your MA. This implementation makes it possible for this, because the amounts can be specified by you separately. 2) The lag of the simple moving average is half of its period. If we subtract the moving average at position from the price at Nighttime ...
Hey,
thanks for sharing your costomized version!
Is it in any way possible to utilize it in an indior window? I love to keep my chart as clean as possible, so currently I put the Indi in another chart window. That is working great when watching current price but using it in the window would be much solution, especially when seeing background prices.
Kind regards
PG

https://www.nigeriaforextrading.com/attachments/1525198273194318319.jpg

[angmesgogomwz]

quote Is it in any way possible to utilize it at an indior window? Try this version.
k

https://www.nigeriaforextrading.com/attachments/152519827527284837.mq4

https://www.nigeriaforextrading.com/attachments/1525198276575721678.jpg

[angmesgogomwz]

quoteIs it feasible to get a screen for your min, max and average distance between the groups at any given point in time within a specified range of earlier bars? Check this version.
https://www.nigeriaforextrading.com/attachments/15251982781637005408.mq4

[googyy]

quote Assess this particular version. document https://www.nigeriaforextrading.com/attachments/1525198263.jpghttps://www.nigeriaforextrading.com/attachments/1525198263.jpghttps://www.nigeriaforextrading.com/attachments/1525198263.jpg Wow! That is wonderful KP!!! Tnx a million guy! I've a hunch about using those stats for inputting pullbacks as a volatility quote. Is the measurement displayed as pips? Also is it possible to have those amounts subtracted in the lows and inserted into the highs at the close of the candle (as line amounts) and upgraded as the chart progresses? I don't know if what I'm asking makes sense. Hope I'm not asking a lot. hahahaha.
https://www.nigeriaforextrading.com/attachments/1525198280840746392.jpg

[angmesgogomwz]

I've a hunch about using those stats because a more precise volatility quote for entering pullbacks. Is the measurement displayed as pips? picture Hello LITE, just notice that the statistics relies fully on the Close prices, not to the High and Low or their gap.
I guess it would make more sense for the situation if they would be done for High and Low gap somehow?
The averages are in units of your chart (price), it was simpler to program it this way. So currently the low band reaches 114.59, upper reaches 115.51, gap is Upper-Lower=115.51-114.59=0.92.

[googyy]

quote Hi LITE, only notice that the statistics is based entirely on the Close prices, not to the Low and High or their gap. I guess it'd make more sense for the case they'd be done for Low and High gap if? The averages have been in units of your chart (price), it was simpler to program it such a way. So currently the low band reaches 114.59, top reaches 115.51, gap is Upper-Lower=115.51-114.59=0.92. It's fine for the min, maximum and averages to be compiled at candle closes. But the PRICE LEVELS I am interested are to be computed by adding these numbers to the current(or previous?) Candle high and low to find the maximum probable(possible?) Estimates for goals, entries and pullbacks in terms of volatility.
So for the current CANDLE with reduced at 114.396 and high in 114.521, current stats read 0.491705, 1.17118 and 0.783414 for min, max and average volatility respectively. So the LEVELS I'm interested in could be computed by ADDING these 3 stats to this HIGHS(which would return 3 price levels), and also by SUBTRACTING them in the LOWS(yielding another 3 price levels). The result being displayed as line amounts(updated at candle closes of course).

[Blanca]

When I entered FX world I never had envisioned what I had started to learn.
Now, in the company of you guys, I believe I've found that the light.
Https://www.nigeriaforextrading.com/attachments/1525198265.pnghttps://www.nigeriaforextrading.com/attachments/1525198265.pnghttps://www.nigeriaforextrading.com/attachments/1525198265.png

Thanks KP, Kiads and others. I am in.

[Blanca]

The typical tricks (blending two timeframes to trade pullbacks): image KP

The way to perform that trick Sir?

[angmesgogomwz]

quoteset an alarm when eurchf drops to under 1.2 (note that this is also a rare event) and enjoy your free cash. https://www.nigeriaforextrading.com/attachments/1525198265.png https://www.nigeriaforextrading.com/attachments/1525198265.pnghttps://www.nigeriaforextrading.com/attachments/1525198265.png

[googyy]

quote https://www.nigeriaforextrading.com/attachments/1525198265.pnghttps://www.nigeriaforextrading.com/attachments/1525198265.png https://www.nigeriaforextrading.com/attachments/1525198265.pnghttps://www.nigeriaforextrading.com/attachments/1525198265.png

[angmesgogomwz]

quote https://www.nigeriaforextrading.com/attachments/1525198265.pnghttps://www.nigeriaforextrading.com/attachments/1525198266.png LITE, I started coding something for your request, but did not complete yesterday... Will get back to it this day.

k

[googyy]

quote LITE, I started coding something for the petition, but failed to complete yesterday... Will get back to it this day. K https://www.nigeriaforextrading.com/attachments/1525198266.pnghttps://www.nigeriaforextrading.com/attachments/1525198266.png I hope you! Anything you code is great! Take your time buddy. https://www.nigeriaforextrading.com/attachments/1525198266.png

[angmesgogomwz]

Hi all, quote You are not the only one. Http://www.mathsisfun.com/data/standard-deviation.html http://www.mathsisfun.com/data/standard-deviation-formulas.html Calculating standard deviation involves some numbers and their mean (average). I.e. in the event that you take 5 pubs (close prices to be accurate), it requires the mean of these 5 bars and then makes calculations based on the difference of THOSE pubs from THEIR mean. The original BB indior does that. Let's say we are at current pub, having an index of 0. The previous pub has index...
Hello, the concept of another snippet of code is

sum=0.0;
k=I BandsPeriod-1;
while(kgt;=Id)

oldval=MovingBuffer[k];
newres=Close[k MAPeriod/2]-oldval;
sum =newres*newres;
k--;

Ranking=BandsDeviations*MathSqrt(sum/BandsPeriod);
UpperBuffer[I]=oldval Ranking;
LowerBuffer[I]=oldval-deviation;
I--;

is that, to calculate the standard deviation, you need to reevaluate the Close of a half a MA interval ago from the current value of MA. The main reason is, as already mentioned, that the lag of the simple moving average is half of its period. An individual should be drawing the simple moving average if you wanted to compare things 23, shifted backwards by half of its period.

Another shift in the standard bands is that one can and should specify a different interval for the calculation of standard deviation and the fast MA. The main reason is the dimension of deviation one needs more samples than usually believed, therefore basically a error in what it is supposed to do is made by the Bands.

Now, the code could be obscure, flawed, slow, or even completely useless or wrong, and I am glad that you simply <S> it on some of these grounds. But to call it utter bullshit is way over the top. I would justify calling it bullshit if I would be attempting to market it and would be giving away the ex4 file. But I am not, it is freely given away as origin if anybody finds it useful (which I am not promising). (if you are looking for absolute bullshit onnigeriaforextradingto criticise, you really don't have to look far.) So, please, mind your manners.

k

[JYemay93]

to call it complete bullshit is way over the top Alright, I confess it did sound somewhat harsh, but I did not want to offend anybody. I apologize for that, and in the future I'll choose my words more carefully. Https://www.nigeriaforextrading.com/attachments/1525198266.png

I understand everything you are doing / that the code does, I just don't understand why. In your response you basically only repeated PipMeUp's comment, which offers no excuse to me. Take the first one (quoted from his comment):

the very first issue with the BB is that it uses as many samples to estimate the variance as it uses to calculate its moving average. (...) That is absolutely wrong!

Why is this an issue? Since when is your formula for calculating standard deviation wrong? Any articles on this one (i.e. there is a new method of calculating standard deviation)? Or is it no longer called standard deviation then?

The second one:

PipMeUp: The second problem is that the variance is estimated by using the average of the squared difference of the current value of the SMA and the current price. In addition, this is wrong because the SMA lags from the half of its period. An individual will measure the difference between the current value of the SMA and the price half of the period ago.

Investopedia: Variance: A measurement of the spread between amounts in a data set. The variance measures how far every number in the group is from the mean.

I see strong contradictions here. I also fail to see how the SMA's lag and a part play in calculating standard deviation.

[angmesgogomwz]

quote Since when is the formula for calculating standard deviation incorrect? Any articles with this particular (i.e. there is a new method of calculating standard deviation)? Or is it no longer called standard deviation then? The formula for the standard deviation is not wrong, it's also used in this code. What's wrong is that the number of samples required to achieve a conclusion that is accurate. The Bands take exactly the same number of samples (candles/bars) for estimating the expression (moving average) and the standard deviation (rings). I believe that the default is so or 20.
The 95 percent http://en.wikipedia.org/wiki/Confidence_interval for standard deviation based on 20 normally distributed samples with #963; #1 is http://www.mathcelebrity.com/chiconf.php?n= 20variance= 1conf= 95pl=Standard Deviation Confidence Interval. This usually means that the dimension of standard deviation performed with 20 samples will lead to a value within -24 percent and 46 percent of the real worth (#963;=1 ) with 95 percent likelihood. The prices aren't normally distributed (their distribution has thicker tails than a Gaussian on the time-based chart), so the situation is much worse than this. This is the reason and contract with each microtrend. It is an artifact from number of samples although this feature might be useful in trading.
Currently, the 95% confidence interval for standard deviation based on 200 normally distributed samples is http://www.mathcelebrity.com/chiconf.php?n= 200variance= 1conf= 95pl=Standard Deviation Confidence Interval. This usually means that the dimension of standard deviation will lead to a value within /-10 percent with 95 percent likelihood. Again, the prices are not generally distributed, but I am pleased with the precision obtained by this number of samples. The final result is that the rings don't expand and contract .


quote PipMeUp: The second problem is that the variance is estimated by using the average of the squared difference of the current worth of the SMA and the current price. Since the SMA lags from the half of its span, this is incorrect. One will assess the gap between the current value of the SMA and the price . Investopedia: Variance: A dimension of the spread between amounts in a data collection. The variance measures how far every number in the set is from the mean. I see strong... there is absolutely no contradiction. It is just that the estimate of the mean, the simple moving average, lags in time by half of of the period supporting the price. This is the reason there is that adjustment in the code.

Cheers,
k

[angmesgogomwz]

quote It's merely that the estimate of the mean, the simple moving average, lags in time by half the period supporting the price. That is why there is that adjustment in the code. Cheers, k Example:

SMA(7)

Candle: 1 2 3 4 5 6 7
Prices: a b c d e f g

SMA calculates (a b c d e f g)/7, that is nice, and attributes it to price g, which isn't accurate. It should result from the price d, as it is a quote of mean about this priceif one wishes to compute something predied on this, like the standard deviation.

k

[angmesgogomwz]

quote I frankly do not see how attributing the average to any price things during calculation of standard deviation. I agree that it ought to be no difference once the price mean is level with respect to time. Then the lag of the moving average will be equal to zero, so in this case the lag correction is unimportant. However things do change within a fashion.

The blue line in the plot below is your conventional SMA, the red is shifted back by a half of its span. Can you calculate the standard deviation based on subtracting the information off the second line or the first? Do you believe it's exactly the same in this circumstance?

Https://www.nigeriaforextrading.com/attachments/1525197701.jpg


quote As for the confidence interval, to me that states only that it's advised to use larger samples, i.e. 200 instead of 20 (utilizing your illuions). But it doesn't say that we use 200 values to compute the SD, starting from the value of the sample and ought to use 20 values. In principle one portion of the issue could be solved by using Bands with a massive Period. That would enforce one to use the interval moving average, which one might not like to do. Furthermore, there is that lag company that is uncorrected there.

k

[JYemay93]

Do you think it is identical in this circumstance? Yes.

https://www.nigeriaforextrading.com/attachments/15251977151893404688.jpg

[angmesgogomwz]

quote Yes. Well, the error of the standard deviation (600 samples) for the non-shifted case is 128% in my case above.
For the MA shifted by period/2, the error is 2.6 percent.
The proportion of the two calculated standard deviations for the two instances is 2.29.
I'd say that is a significant difference.

https://www.nigeriaforextrading.com/attachments/1525197718591738792.pdf

Cheers,
k

[JYemay93]

quote Well, the error of the standard deviation (600 samples) for its non-shifted instance is 128 percent in my example above. For the MA shifted by period/2, the error is 2.6 percent. The proportion of both calculated standard deviations for both instances is 2.29. I'd say that is a difference that is substantial. image Cheers, k Inserted Code ln#91;139#93;: I - span, I
Are both endings contained? Because that would imply you typical interval 1 points in time (x axis).

Inserted Code ln#91;147#93;: data2 = (Take#91;y, 401, 1000#93; - SMA)^2;
SMA = Average of 1-400 = previous data
401-1000 = potential data

??? https://www.nigeriaforextrading.com/attachments/1525197703.jpghttps://www.nigeriaforextrading.com/attachments/1525197703.jpg

[angmesgogomwz]

quote ln[139]: I - period, I Are both ends included? Because that would imply you average period 1 points in time (x axis).
The array indexing in Mathematica starts with 1. I calculated the 401st element of the MA as a total amount of initial 400 data points, etc.. For instance, 501st is calculated as an average value of 101-500th data component etc..


quote SMA = Typical of 1-400 = past data 401-1000 = potential data ??? Https://www.nigeriaforextrading.com/attachments/1525197703.jpghttps://www.nigeriaforextrading.com/attachments/1525197703.jpg No, these are the data points for which the SMA (400) was calculated therefore the y values are for x=401-1000. In Metatrader this would correspond to a standard moving average.

The trick here is, once more, to shift the MA by half its time back in time (to x =201-800 in my example), then use it like an average value quote. It's a lot better based then (since the consequences of period/2=400/2=200 is compensated) and approximates the information far better. Therefore the sum of squares of differences between the estimate and the information is a lot smaller. Otherwise, if you don't do this, then the standard deviation is overestimated.

The sole drawback of the changing back in time is the most recent data points are not taken into account in the calculation of the standard deviation. But because the standard deviation does not change considerably, that is not too important.

I'm sorry, but I really can't explain it any better. The only thing I could say is: add a linear drift above, compute the simple moving average and use it. Alter it back in time an interval and calculate the worth again. See whether there's a difference.

Cheers,
k

[maulixxo971]

quote Try this variant. K file image Hey kprsa,
functions flawlessly!
Thanks a lot https://www.nigeriaforextrading.com/attachments/1525197703.jpg

[JYemay93]

quote The array indexing in Mathematica starts with 1. I calculated the 401st element of the MA as a total amount of first 400 data points, etc.. For instance, 501st is calculated as a mean value of 101-500th data element etc. quote These are the data points for the SMA (400) was calculated therefore the y values are for x=401-1000. In Metatrader this could correspond to some standard moving average. Alright, I believe I got it. So, looking at this line again:

Inserted Code data2 = (Take#91;y, 401, 1000#93; - SMA)^2;
Does this make an array of 600 components, with each element being equal to the square of this gap of the Y value and the corresponding SMA value at the same point on the X axis? I.e.

data2[1] = (Y[401] - SMA[401])^2
data2[2] = (Y[402] - SMA[402])^2
...
data2[600] = (Y[1000] - SMA[1000])^2

And this next line:

Inserted Code sigmanonshifted = Sqrt#91;Sum#91;data2#91;#91;I#93;#93; / 600, I, 600#93;#93;
Takes the amount of data2[1], data[2] ... data2[600] and divides by 600, then takes the square root of this quotient?

[angmesgogomwz]

quote Okay, I believe I got it. So, looking on this line again: data2 = (Take[y, 401, 1000] - SMA)^2; Does this create an array of 600 components, with each element being equivalent to the square of the difference of the Y value and the corresponding SMA value in precisely the exact same point in the X axis? I.e. data2[1] = (Y[401] - SMA[401])^2 data2[2] = (Y[402] - SMA[402])^2 ... data2[600] = (Y[1000] - SMA[1000])^2 And then this second line: sigmanonshifted = Sqrt[Sum[data2[] / 600, I, 600]] Takes the amount of data2[1], info[2] ... data2[600] and divides it by 600,... yes, all of appropriate. The same stuff with (Take[y, 201,800]-SMA)^2 corresponds to change by 200=period/2.
Today I wasn't in my hobby pc and did not have mt4. I will generate some histogr so that one can compare the bb, bb with samples for stdev, bb with shift of ma and more samples for stdev. Probably tomorrow morning.

k

[JYemay93]

quote yes, all right. No, it's not. What I have described here:


data2[1] = (Y[401] - SMA[401])^2
data2[2] = (Y[402] - SMA[402])^2
...
data2[600] = (Y[1000] - SMA[1000])^2 is NOT how you calculate standard deviation.

Https://www.nigeriaforextrading.com/attachments/15251977211613769079.jpg
it is possible to observe that the expression ( #956; ) has no index. So there is just one mean value you work with at every stage.
https://www.nigeriaforextrading.com/attachments/15251977251235363062.jpg

[angmesgogomwz]

quote No, it is not. What I have explained here: quote is NOT the way you calculate standard deviation. image You can observe that the mean ( #956; ) has no index. So there. image Ralome,

For the tenth time, the moving average is an indior of the mean. The standard deviation is then calculated as the square rooted (sum of squares of differences divided by number of samples to the mean). Simple moving average http://en.wikipedia.org/wiki/Moving_average#Simple_moving_average and that's why one ought to change the MA back in time by half a period so that the lag is compensated.

About the Wiki connection it's called the central moving average, and I think that is what you are doing in the green labels.

http://en.wikipedia.org/wiki/Moving_average#Simple_moving_average a fundamental moving average could be computed, using information evenly spaced on both sides of the stage in the series where the mean is calculated. Http://en.wikipedia.org/wiki/Moving_average#cite_note-3 This necessitates using a strange number of datum points from the sample window. The point is that the standard Bands don't do it (they perform the process you outlined at the red), so I needed to perform this change in the code. I think that the length of this moving average you are employing is 4 change the MA back in time and you may see that it complies with what you call the value. And THAT is MY formula, the formulation at the Bands is the one that is red. https://www.nigeriaforextrading.com/attachments/1525197704.png

k

[pimmi1986]

Hmm up to the topic of the above discussion eludes me...I've nothing but respect to see such an exchange at such a degree!

https://www.nigeriaforextrading.com/attachments/1525197704.pnghttps://www.nigeriaforextrading.com/attachments/1525197704.pnghttps://www.nigeriaforextrading.com/attachments/1525197705.jpg R https://www.nigeriaforextrading.com/attachments/1525197705.jpghttps://www.nigeriaforextrading.com/attachments/1525197705.jpghttps://www.nigeriaforextrading.com/attachments/1525197705.jpg K https://www.nigeriaforextrading.com/attachments/1525197705.jpgMe

[angmesgogomwz]

https://www.nigeriaforextrading.com/attachments/15251977271595172958.jpg

[angmesgogomwz]

quotethey do the process you outlined in the red Correction, the http://www.mql5.com/en/code/7859 does even worse than what I said. For the calculation of this stdev they calculate the differences between the current value of the SMA and all of the past closure prices within a period of time, which makes no sense (edit: it is possible to set the BandsShift into the MA, but this is 0 by default). It would be better if they would set oldval=MovingBuffer[k] inside some time(kgt;=I) loop. The change is just added by my code for this modifiion.

For (I= 0 ; ilt;limit; I )
MovingBuffer[I]= iMA (NULL , 0 ,BandsPeriod,BandsShift, MODE_SMA , PRICE_CLOSE ,I);
//--
I= Bars -BandsPeriod;
if (counted_barsgt;BandsPeriod- 1) I= Bars -counted_bars- 1 ;
while (igt;= 0)

amount= 0.0 ;
k=I BandsPeriod- 1 ;
oldval=MovingBuffer[I];
while (kgt;=I)

newres=Close[k]-oldval;
amount =newres*newres;
k--;

deviation=BandsDeviations* MathSqrt (sum/BandsPeriod);;
UpperBuffer[I]=oldval deviation;
LowerBuffer[I]=oldval-deviation;
I-- ;


k

[angmesgogomwz]

quote No, it's not. What I've explained here: quote is NOT how you compute standard deviation. image You can see that the expression ( #956; ) has no index. So there. image As for the calculation of the stdev, what you are saying is similar to the stuff done in the Bands indior. You suggest that one ought to calculate the standard deviation according to a mean of, say five factors. This is in my opinion not accurate, the moving average is a better estimate of the mean value than the simple mean in a fashion. In other words, the question I am asking is just how much do the data deviate away in the (lag-corrected) moving average.
k

[Blanca]

The Great Debate. My mind is too small to digest of this. https://www.nigeriaforextrading.com/attachments/1525197706.png

[angmesgogomwz]

quote This is in my view not precise Just to put the numbers on this, the error in estimating the standard deviation of the underlying procedure (normal distribution with #963; =1) by not taking account the tendency
is in my example in the Mathematica sheet equivalent to 104 percent.

k

[angmesgogomwz]

quote For the calculation of this stdev they calculate the differences between the current value of the SMA and the past close prices in just a period, which surely makes no sense. After another look, I am wrong in saying this, that would actually be a right procedure in its own world. The current SMA is of course the value within the period that is last so it does make sense, even though not taking tendencies into account is painfully imprecise.

Sorry,

k

[JYemay93]

Okay, I believe we have finally got into the conclusion of the discussion https://www.nigeriaforextrading.com/attachments/1525197706.png

https://www.nigeriaforextrading.com/attachments/1525197730422279016.jpg

Taking a span of 5, original/standard deviation/bands/whatever formula can be calculated at stage 9. Your formulation can first be calculated at stage 5 only (altering not included in this case).


As for the calculation of this stdev, what you're saying is similar to the stuff done in the Bands indior. Not similar, exactly the same!


You imply that one should calculate the standard deviation based on a simple sense of, say five points. It is not me suggesting it, it is per the definition of http://en.wikipedia.org/wiki/Standard_deviation#Basic_examples!


That is in my view not accurate, the moving average is a better estimate of the mean value compared to the simple mean, notably in a fashion. To put it differently, the question I am asking is how much can the data deviate away in your (lag-corrected) moving average. K Thus, the point isthat you're calculating kprsa deviation or PipMeUp deviation, but NOT standard deviation.


subtract the moving average at position [I] in the price at candle [I] to get the standard deviation
the variance is estimated by taking the average of the squared difference of the current worth of the SMA and the current price. (...) dotted lines will be their individual 2 standard deviations bands. With that said, I understand now that this whole discussion originated from miscommuniion (both from me and from you, in my view). But I admit that it still didn't justify the words that I used in my starting post, deswegen bitte ich nochmals um Entschuldigung https://www.nigeriaforextrading.com/attachments/1525197708.png

[angmesgogomwz]

Okay, I think we've finally got to the end of the discussion https://www.nigeriaforextrading.com/attachments/1525197708.png Apart from the fact that in my formula that the red curve is shifted by half a time to the left. The red curve is exactly what I said could be wrong. The standard deviation I get is much more compact than the one which you get using the formula.

This is sometimes called a moving or rolling standard deviation, it is just that one acknowledges that the mean value changes across the time series.

k

[Blanca]

You guys are wonderful. I wish I had been a statistician. LOLsss

[P3mc3v4l]

quote After another look, I am wrong in saying this, this could actually be a correct procedure in its own world. The current SMA is of course the mean value over the period so it does make sense, although not taking trends into account is painfully imprecise. Sorry, k I am late to the debate but just needed to add that if you perform time series analysis with the mean and standard deviation, you are implicitly assuming that the distribution is normal. This is how it is with statistical measures that are parametric. The impliion is that when the distribution is not normal, then you will draw false conclusions about the real nature of the distribution. This is my perspective of indiors like standard deviation bands (BB) since you can not correctly estimate the percent of the data out the bands based on the normal distribution.

Http://www.plogy.nottingham.ac.uk/staff/pal/stats/C82MST/C82MST Lecture 2a Notes.htm

Hence there are three quite significant assumptions that are made when utilizing parametric statistical techniques: Each of the treatment populations are normally distributed (the normality assumption). The normal distributions have the Identical standard deviation (or variance; the assumption of homogeneity of variance assumption) The data is taken from an interval or ratio scale (Since it is impossible to have normal distributions on any other kind of ... it's also worth noting that the mean is known as the anticipated value. IMO the value that is anticipated doesn't be very well represented by the mean. Nevertheless, a shifted mean does a far better job, but you are late half the period, so for applicability to real time trading you must predict the adjusted mean several periods into the future, which is basically only a variation of predicting at which price will soon be in 1/2 length from the future (a very hard problem).

Also worth noting is that implicit in the standard deviation calculation is the assumption that the mean is stationary. This is also not accurate for market data. Also from the quote above, it assumes market data has a constant variance. Market data is heteroskedactic, or in other words has varying variance.

IMO one of the most important elements of indiors is timeliness. That is precisely why in technical terms I have found more appliion of real time indiors such as standard deviation bands (together with the aforementioned flaws) compared to mean-shifted measures, due to the hard right edge of the market, which IMO appears to be the most important variable (timeliness).

So with all that said, here's a link to a post regarding the advantages and disadvantages of nonparametric approaches:
http://www.env.gov.bc.ca/epd/remediation/guie/technical/pdf/12/gd05_all.pdf

[angmesgogomwz]

quote I'm late to the discussion There wasn't any debate.



quote I'm late to the discussion but just needed to add that in the event you perform time series analysis using the mean and standard deviation, you are implicitly assuming that the supply is normal. No. Please go away.


k

[angmesgogomwz]

quote Hello Kprsa! I have two questions for you https://www.nigeriaforextrading.com/attachments/1525112959.jpg 1) Bollinger Bands: Since the samples to the deviation should be greater than the one for the MA, I would love to know if there is a optimal relation between the 2 samples... how much bigger the deviation samples should be??? 2) Recurrence Indior: On your wonderfull indior you give us the Max width of the problem zone lt;kgt; to the different kind of bars.... If possibile it'd be usefull if the indior state the date and time where the max problem has been measured. Merely to give a complete... Hello Ghizzo,

1) No optimal price, but you want about 200 samples to possess reasonable values to the standard deviation. For MA based on your own preferences.
2) Sorry, no moment.

k

[P3mc3v4l]

quote There wasn't any disagreement. quote No. Please move away. K I admit, I am puzzled by this answer. I had hopes that we could have an intelligent exchange of ideas in this thread. I had been mistaken. I won't make that mistake again.

Best regards,

[Espina]

Improved Bollinger Bands indior. Inside this remark PipMeUp discusses issues with the standard execution of the Bands indior. His objections are: 1) The number of samples to the deviation must be typically much bigger than the one for your MA. This implementation allows this, as the amounts can be specified by you separately. 2) The lag of this simple moving average is half of its time. If we subtract the moving average at stake from the price at candle ... Because partner, this is a fascinating calculation.

[angmesgogomwz]

quote I acknowledge, I am puzzled by this answer. I had hopes that we could have an exchange of ideas within this thread. I had been confused. I won't make that mistake again. Best Wishes, FXEZ OK. Ralome has through his actions favorably influenced my trading. In order to reunite him this massive favor, I've gone through considerable expense of attempt and time to describe what the indior was supposed to do, and one should not do it the other way round. There was no debate. Today, to you I am not indebted this way. However this passive-aggressive remark is indeed bothersome (good job!) So that I'll go through all of the errors on your first comment.



quote should you perform time series analysis using the mean and standard deviation, you are implicitly assuming that the distribution is normal. No, this isn't true (and is the cornerstone of this strawman argument that is the entire first paragraph). There are dozens of distributions where this approach would hold. I also had been clear in the previous posts that the distribution isn't Gaussian for the time based chart, and have linked the PipMeUp's outcome that the distribution is normal when one has range bars (in which it would hold, but also the supposed implicit assumption would hold true).


quote That is my view of indiors such as standard deviation bands (BB) since you can't correctly estimate the percent of the information outside the bands based on the standard distribution. I agree with this, but I have never claimed I could. If you are attempting to say that one can't correctly ..., I'd not have any issue with this sentence. The issue with your argumentation is that you are inputting me the elementary errors it is possible to think of, and it is an annoying dialogue style.


quote It is also worth noting that the mean is referred to as the anticipated value. IMO the mean does reflect the value. That said, a changed mean does a far better job, but you are late half the period that's why this indior is performing (and has been explained multiple times), so I don't actually have to note anything.


quoteand so for applicability to real time trading you need to call the adjusted mean a few phases into the future, which is basically just a variation of forecasting at which price will probably be in 1/2 span in the future (a very hard situation). No, I don't need to do this.


quoteAlso worth noting is that implicit in the standard deviation calculation is the assumption that the mean is static. This is not true for market information. This is equally worth noting as the other bit of advice which has been worth noting earlier. I've gone through great efforts over the last 10 comments showing that one ends up with the wrong values if one assumes that the mean is static.


quoteAlso in the quote above, it assumes market information has a constant variance. Market information in other words has varying variance, or is heteroskedactic. I am aware of it, which is why one chooses inhabitants samples (by default N=200) to gauge the stdev and doesn't take all the available data to gauge it. There's even a variant of this indior, that loes the minimum, maximum and the average of stdev and prints it.


quoteIMO one of the most important elements of indiors is timeliness. That is precisely why in practical terms I have discovered more appliion of real time indiors such as standard deviation bands (together with the aforementioned defects) compared to mean-shifted measures, due to the hard right edge of this market, which IMO seems to be the most important factor (timeliness). Thank you. Now this is the dialogue style that I'd encourage within this thread. But do I have to go through all that garbage inside your post to reach 1 thing that is potentially helpful?

k

[Espina]

quote I agree that it should be no gap when the price mean is flat with respect to time. Then the lag of the moving average will be equal to zero, therefore in this case the lag correction is insignificant. But things do change in a fashion. The blue line in the plot below is the standard SMA, a half of its interval shifts back the red. Would you calculate the standard deviation based on subtracting the data off the next line or the very first? Do you believe it's exactly the same in this case? image quote In principle one part of this problem... Hi mate,
About the prob calc there ... with RS_V42 if I capture the value such as this under for h_left=30, h_right=30 20 :


30/20 | 30/30 =gt; h_left/h_right
----------------------------------------------------------
73,259 | 77,615 =gt; Prob of Trans pub solved
82,1688 | 85,376 =gt; Prob of Frac pub resolved
At current situation, we've got a blue fractal arrow, and we're on the 3rd bars to the best of that blue arrow.

A) If I wish to understand the likelihood of this arrow will be totally solved in 20 bars following its position, must I calculate it like this ?

(85,376 - 82,1688) / (100 - 82,1688)

b) Does it mean that we don't care where place we're now (then blue arrow), we simply need to understand that h_right gt; current bar position after blue arrow to perform the calculation (in this case 20 gt; 3).

Thanks a lot mate.

[angmesgogomwz]

quote Hello partner, About the prob calc there ... using RS_V42 if I get the value like this under for h_left=30, h_right=30 20 : quote At current position, we have a blue fractal arrow, and we are about the 3rd bars to the right of that blue arrow. A) If I wish to understand the likelihood of this arrow will be totally resolved in 20 bars after its position, must I calculate it in this way ? (85,376 - 82,1688) / (100 - 82,1688) b) Does it mean we do not care where place we are now (after that blue arrow) we just need to understand that h_right gt; current... Hi, please post questions about the RS indior from the thread at which the indior has been posted.
k

[Blanca]

K

I'm sorry to request something on this forum but having read your statement on the shouts, I had to post it here. I have discovered something interesting. And I think you are the person who can do it readily. Additionally, I sent you a request on Stevehopewood's website.

Kindly have a look at the attached pic. Look crossing the zero level, and look at the GBP pairs. Can we please make the indior a multi symbol indior as shown in the image? The indi is a MTF and I wish you can add multi pairs alternative to the indior.



With Regards
https://www.nigeriaforextrading.com/attachments/15251129731547166094.jpg
https://www.nigeriaforextrading.com/attachments/1525112976614072883.ex4
https://www.nigeriaforextrading.com/attachments/1525112977790507465.mq4

[angmesgogomwz]

K I'm sorry to request something with this forum but having read your announcement on the shouts, I had to post it here. I've discovered something interesting. And I think you're the person who can do it. I also sent you a petition on Stevehopewood's site. Kindly take a look at the pic. Look crossing the zero degree, and take a look at the GBP pairs. Can we please create the indior a multi symbol indior as shown in the image? The attached indi is a MTF and I wish you could add multi pairs option to the attached indior.... Hello,
A Google search multipair mtf stochastic informs me that there exists already a multipair mtf stochastic performed by mladen from forex-tsd forum. This is surely a better choice than anything I could do. Mladen is a much better programmer than me.
k

[Blanca]

Dear K

The one shown in the pic is the one made by Mladen, but it isn't MTF.


https://www.nigeriaforextrading.com/attachments/1525112960.png

[angmesgogomwz]

Dear K The one shown in the pic is the one created by Mladen, but it isn't MTF. Https://www.nigeriaforextrading.com/attachments/1525112960.png since I mentioned and have assessed now, the first outcome of the Google search gives a link to the working multipair mtf stochastic indior.
That problem is solved afterward, although the indior does not look exactly like the one you want.

Just to be clear, I make custom indiors based on my (or other people's ideas) ideas and at times discuss some of them, particularly so if they are based on different people's ideas. I even go out of the way to do minor changes to those indiors as per orders. I really don't have enough time to do more than this.

I think there are good developers at FF, who would probably be pleased to program your indior for a fair fee - I am just not at this line of business.

k

[Blanca]

K

Thanks for the guie Bro

[angmesgogomwz]

Bur goldie. Billion dollar day, a BBC documentary about the currency traders in the 80s. No charts. https://www.nigeriaforextrading.com/attachments/1525112961.jpg

http://www.dailymotion.com/video/x22z5my_billion-dollar-day-a-1986-documentary-about-currency-forex-speculative-trading_news

[angmesgogomwz]

Envelopes on gold, inspired by Jim Hurst's publiion. I vote for down, dependent on this.

https://www.nigeriaforextrading.com/attachments/1525112980728420116.jpg

[angmesgogomwz]

Not working as expected, price went up almost 100 pips. The arrangement in direction of those four envelopes/MAs was indiing a move , even though you could argue a bounce from the envolepe could be expected from the picture above.

https://www.nigeriaforextrading.com/attachments/15251129821941282684.jpg

[angmesgogomwz]

An improvement is to go with LWMA envelopes, because LWMA includes a lag of period/3, whereas SMA includes a lag of period/2...

https://www.nigeriaforextrading.com/attachments/15251129851133977111.jpg

[bcambemo]

Enjoy your job kprsa!


quote I am late to the debate but just wanted to add that in case you perform time series analysis using the mean and standard deviation, you're implicitly assuming that the distribution is normal. This is the case with parametric steps. The impliion is that when the distribution is not regular, then you are going to draw conclusions about the real nature of the distribution. This is my perspective of indiors like standard deviation bands (BB) because you can't correctly estimate the percent of the data out the bands based on the normal distribution.... I am even later to this thread LOL. Your comments about normality are both right and wrong. Depends on the context. If applied to some sample collection right. This is why statistical analysis of price data of financial instruments including Currency Market pairs display tails and distributions. These findings are according to a predetermined data collection.

Based on the aforementioned findings the majority of people discount Bollinger Bands as an invalid trading instrument. Do not be so quickly. Truth is a moving average is different to a typical of a predetermined data collection. A moving average utilizes a data collection. As price action grows the data collection travels to the right to incorporate the newest data point and shed the earliest data point. The outcome, fabried or forced . Suggest people read Bollinger on Bollinger Bands as he was conscious of the above problems when he acquired them. But people take things and do not check the original sources.

[angmesgogomwz]

A concept for followers. Performers are subscribed to by regularly, but available in contrarian trades. The idea is that current performers are there just because of lucky single or several trades that obtained them and also the inefficiency they're exploitiong disappears from the market which renders their egy useless.
k

[angmesgogomwz]

supply/demand self-similar pattern recognition. West Texas oil.

https://www.nigeriaforextrading.com/attachments/15251126101171721777.jpg

[angmesgogomwz]

Similar pattern occuring on the 10-second timescale.

https://www.nigeriaforextrading.com/attachments/1525112612828623385.jpg

[angmesgogomwz]

If the self-similarity assumption holds with no very clear reversal signs, tp at ~50. rr~1:10.

https://www.nigeriaforextrading.com/attachments/15251126142046438159.jpg

[angmesgogomwz]

Appears to still wish to return...
https://www.nigeriaforextrading.com/attachments/15251126171912588659.jpg

[angmesgogomwz]

A study of equilibrium. The point is 10 pips lower compared to my buy entry, but let us see how this develops.
https://www.nigeriaforextrading.com/attachments/15251126221272483908.jpg

[angmesgogomwz]

A study of equilibrium. The point that is problematic is 10 pips lower than my buy entrance, but let us see how this grows. image Reached, must have waited... Now I think that it should bounce back way up.

[angmesgogomwz]

A detail:

https://www.nigeriaforextrading.com/attachments/1525112624490356644.jpg

[angmesgogomwz]

https://www.nigeriaforextrading.com/attachments/15251126271496741655.jpg

[angmesgogomwz]

quote Sweet call k, this is based on the concept of supply/demand imbalance? In principle yes. Got some ideas rereading this strange thread.
No matter how the trade remains hanging (hopefully only a pullback), so I'll need to wait to put sl into breakeven.

k

[bmuno11599]

quote In principle yes. Got some ideas rereading this strange old thread. No matter how the trade remains hanging (ideally just a pullback), so I will need to wait to put sl to breakeven. K A thread which has your curiosity has mine too, I'll take a look, thanks! https://www.nigeriaforextrading.com/attachments/1525112603.jpg

[angmesgogomwz]

Appears to be OK (so far). The problem is time consuming. I know it only about.
https://www.nigeriaforextrading.com/attachments/15251126342015126502.jpg

[angmesgogomwz]

?One of the most astonishing calculations produced by Mr. Gann was during the summer [1909] when he predicted September Wheat would market at $1.20. This meant that that figure must be touched by it before the end of the month of September. At twelve months, Chicago time, on September 30th (the last day) the option was selling below $1.08, and it looked as though his prediction would not be fulfilled. Mr. Gann said, 'If it does not touch $1.20 from the close of the market it will demone that there is something wrong with my whole method of calculation. I don't care what the price is currently, it must go there.' It's common history that September Wheat surprised the whole country by selling at $1.20 and no greater in the very last hour of trading, closing in the stage.?
Gann knew timing. .

[loki77]

One of the most astonishing calculations made by Mr. Gann was during the summer [1909] when he predicted that September Wheat would market at $1.20. This meant that that amount must be touched by it before the close of the month of September. At twelve oclock, Chicago time, on September 30th (the previous day) the option was selling under $1.08, and it looked as though his prediction wouldn't be fulfilled. Mr. Gann said, If it does not touch $1.20 from the close of the market it will prove that there's something wrong with my entire procedure of calculation. I really do... Great article K. Can we utilize the Fan to have the time? Could be Crossing using a Level that is predetermined?

[angmesgogomwz]

quote Great post K. Can we use the Fan to get the moment? Could be Crossing using a Level? Don't know yet. Trying to examine this in detail. But my degrees as far as I could see occasionally work but occasionally not... So I am increasingly skeptical towards my initial idea...

[bmuno11599]

I took a look at the thread, it was really strange. . I'm impressed you got something! I didn't so I have no ideas to offer you.

[angmesgogomwz]

OK, according to some crazy calculations, oil must keep on rising till tomorrow another dollar from now, and then it ought to fall Thursday and Friday roughly 3.4 dollars. On Monday morning most probably it would bounce up and continue for around three years. Https://www.nigeriaforextrading.com/attachments/1525112604.png
Anyhow, let us see how tomorrow and Monday go. https://www.nigeriaforextrading.com/attachments/1525112605.png
k

[filll]

Fantastic threats kprsa ... May I know, does the quote make it repaint ? Thanks in advance ...

[angmesgogomwz]

An idea here. Could be used to improve egies that fail due to change of market conditions.
k
https://www.youtube.com/embed/paiduNJNH1U?origin=https://www.Nigeriaforextrading.com

[angmesgogomwz]

An intriguing metaphor, from the booklet The Egg of Columbus of G. Bayer (PDF easily found online). He postulates a standard pattern of growth and decay of stocks and commodities. He (with some humour) contrasts it to the course of the dinner (bull phase), and after relieving in the toilet (bear phase). Overall it looks like an Elliott wave pattern.

https://www.nigeriaforextrading.com/attachments/15249715911047033679.jpg

[angmesgogomwz]

A countertrend trade in oil now motivated by this pattern.

https://www.nigeriaforextrading.com/attachments/15249715931551436465.jpg

[angmesgogomwz]

Added a trade in the white wine phase (original pullback):
k
https://www.nigeriaforextrading.com/attachments/15249715961853568376.jpg

[angmesgogomwz]

Exactly the exact same pattern occurs about the weekly tf.

https://www.nigeriaforextrading.com/attachments/1524971599255590850.jpg

[angmesgogomwz]

Added a little more on the red wine part of the pattern (second pullback). Will exit shortly.

https://www.nigeriaforextrading.com/attachments/1524971602766395767.jpg

[angmesgogomwz]

Price decided to return there, and has triggered the s/l for a small reduction. Will be interesting to see whether this produces a pattern elsewhere.
k

[angmesgogomwz]

I relied on s/r lines for quite some time now, but have always been worried about it. It requires monitoring of the charts. I believe I may have found the time element that I was looking for, letting me make edued guesses when the bounces would happen. It's an indior as old as the hills, and it seems to work: the pitchfork.
See below an example of a pitchfork/support line cross in oil yesterday evening. Both were attracted before the time of bounce.
Cheers,
k

https://www.nigeriaforextrading.com/attachments/15249716091022571104.jpg

[angmesgogomwz]

Price decided to return there, and has triggered the s/l for a small general loss. Will be interesting to check if this creates a larger-scale similar pattern tomorrow. k https://www.nigeriaforextrading.com/attachments/15249716131911941258.jpg

[angmesgogomwz]

I depended on s/r lines for quite some time now, but have always been nervous about it. It requires constant monitoring of the charts. I believe I may have discovered the time element I looked for, allowing me to make edued guesses when the bounces would happen. It is an indior as old as the hills, and it seems to function: the pitchfork. See below an example of a pitchfork/support line cross in oil day. Both were attracted before the period of bounce. Cheers, k image The pitchfork, basically an imaginary line on the screen (but attracted according to rules), becomes a price service. Random market my bum.
k
https://www.nigeriaforextrading.com/attachments/1524971619339629053.jpg

[angmesgogomwz]

quote The pitchfork, basically an imaginary line on the screen (but drawn according to principles), becomes a price service. Random market my ass. K image Epilogue of the news supposed to be damaging for oil price today. Notable are the replica of the Bayer#8217;s pattern (soup bass) in an even larger time/price scale, as well as the service provided by the pitchfork - a ";arbitrary line on the chart";.
k

https://www.nigeriaforextrading.com/attachments/1524971624873910047.jpg

[angmesgogomwz]

An intriguing metaphor, by the booklet The Egg of Columbus of G. Bayer (PDF easily found on the net). He postulates a pattern of stocks and commodities. He (with some humour) compares it to the course of the dinner (bull stage), and after relieving at the toilet (bear stage). Overall it looks like an Elliott wave pattern. picture Interesting to compare the Dow with the Bayer's pattern. As far as I can see, we're in the ?champagne? stage... (Some time ago I calculated that the resistances in Dow to become 25000 and 29370.) Hope I am not correct on this.
k

https://www.nigeriaforextrading.com/attachments/15249716301596560718.jpg

[angmesgogomwz]

For pinpoint entry I really like using twoblink's high quality reversals on low tf (~ 5 minutes) in the S/R levels (fresh supply/demand, Slt;R, etc).
k

https://www.nigeriaforextrading.com/attachments/15249716341116803457.jpg
https://www.nigeriaforextrading.com/attachments/1524971638761578310.jpg

[angmesgogomwz]

Chart ditch. Awaiting oil price increase, programming and exhausted new glistening indiors. https://www.nigeriaforextrading.com/attachments/1524971577.png

https://www.nigeriaforextrading.com/attachments/15249716421584498007.jpg

[angmesgogomwz]

Awaiting oil price increase, bored and programming new shiny indiors. Https://www.nigeriaforextrading.com/attachments/1524971579.jpg image Having pleasure. https://www.nigeriaforextrading.com/attachments/1524971579.jpg

https://www.nigeriaforextrading.com/attachments/1524971646254574205.jpg

[angmesgogomwz]

quote Interesting to compare the Dow with the Bayer's pattern. So far as I can see, we are in the ?champagne? phase... (Some time ago I calculated the resistances in Dow to be 25000 and 29370.) Hope I am not correct on this. K image Like clockwork. Https://www.nigeriaforextrading.com/attachments/1524971580.jpg Hopefully Trump's corporate tax reform wins this market test. Last crisis (pullback to Dow uptrend) shattered much of southern EU economies...

https://www.nigeriaforextrading.com/attachments/15249716501508290063.jpg

[OhhGuixxe]

https://www.nigeriaforextrading.com/attachments/15249716551583168070.jpg

[loki77]

image Nice picture Parisboy !
Price on your image is at left side (Y axis), and time on the other hand (X axis), if I understand it correctly. Starting of the picture is just candle stick or bar chart, and you attempt to add angles squares and lines line on it. Not understand how do you choose the octave, I presume it's from Zero percentage to 100 percent climbing, and split it using 8 ??
If I look at Murrey Math calculation, you will find spare -1/8 and -2/8 range at bottom, and 1/8 and 2/8 in addition to the range, so complete are 12 lines. Can it be the reason ?

Time will also be significant besides price calculation, and I do not understand why there's skipping time ? Be aware that time show are in one, two, three years length are okay, ex : 2011, 2014, 2017 will be time show Exists' three years length. Why this duration is chosen by us ?
Does this imply that next month the price will go to around 20,750 could be ?? I can be wrong just trying to understand your picture. Any explanation is appreciated.
Now is not too hot, so have a nice afternoon ...
https://www.nigeriaforextrading.com/attachments/1524971583.jpg

[OhhGuixxe]

quote Nice film Parisboy ! Price on your image will be at left side (Y axis), and time on the bottom side (X axis), if I understand it correctly. Beginning of the image is just pure candle rod or bar chart, and you attempt to add angles squares and lines line onto it. Not understand how do you choose I presume it's from Zero percent to 100 percent climbing, the octave, and split it with 8 ?? If I look at Murrey Math calculation, there are spare -1/8 plus -2/8 range at base, and 1/8 along with 2/8 in addition to the range, so total are 12 lines. Can it be why...
Pedma many thanks to ask such questions.

A) beginning of the image is loed at the last substantial Low of March 2009

b) as you are able to notice present Dow Octave is 25.000 / 8 = (30.000 - 5000) / 8 = 3.125

c) Murrey Math calculation is primitive and doesn't cover the entire ground . I shall explain this point after.

D) time requirement must be divisible by 8 too so that Time and Price could square

[angmesgogomwz]

Note to self: It is actually difficult to write an EA that functions all the time.

Https://www.nigeriaforextrading.com/attachments/15249712611590144976.jpg

The Balance curve basically signifies it isn't rewarding running this EA outside the NY session. Just the price movements are sufficiently large in order for it to break even in slower market conditions. In tendencies it must work...
I#8217;ll keep it running until the end of the week and make modifiions then.
k

[angmesgogomwz]

An intriguing metaphor, from the booklet The Egg of Columbus of G. Bayer (PDF readily found online). He postulates a typical pattern of shares and commodities. He (with some humour) compares it to the course of the dinner (bull phase), and later relieving in the toilet (bear phase). Overall it looks like an Elliott wave pattern. image A virtually identical market cycle structure seems to crystallize in the teachings of Sukyu Honma, an 18th century Japanese rice trader. Described in the ";The code of candlesticks".

k

[angmesgogomwz]

Chart ditch. Always simplifying.

https://www.nigeriaforextrading.com/attachments/15249712641507703085.jpg

[angmesgogomwz]

Oil chart ditch.
Was able to capture the first pullback using the (modified) MIDAS method. Now waiting for fashion to stop, i.e. that the pitchfork to stop being applicable. The price might have overshot today, but oil urge moves are often quite mad...

k

https://www.nigeriaforextrading.com/attachments/1524971269443718000.jpg

[OhhGuixxe]

Another modified MIDAS Method
https://www.nigeriaforextrading.com/attachments/1524971271755163911.jpg

[angmesgogomwz]

Another altered MIDAS Method image that I believe I know what you did there...
Looks great and does not lag. REALLY impressive. Https://www.nigeriaforextrading.com/attachments/1524971246.jpg
Thanks for sharing!
Cheers,
k

[OhhGuixxe]

quote I believe I understand exactly what you did there... Looks good and doesn#8217;t lag. REALLY impressive. Https://www.nigeriaforextrading.com/attachments/1524971246.jpg Thanks for sharing! Cheers, k
very simple !

A) you begin from a substantial Low as Pivot / Establish Point
b) you use the very low worth of OHLC
c) you multiply each day the very low worth by the Volume Price x Volume (PV)
d) you sum all PV = Sum PV because the Launch Point
e) you sum all Volumes = Sum Volumes because the Launch Point
f) you divide daily equally proceeding Sums : Sum PV / Sum Volumes


it gives you the Support Curve (in blue)

You then include 1, 2, 3 ... Gann Octaves to the Support Curves and you've got the Displaced Service Curve
If needed you reduce the Support Curve from 1, 2, 3 Octaves etc

In case your Launch Point is a substantial Top

- you utilize the High of OHLC
- you generate with the same methodology a Resistance Curve
https://www.nigeriaforextrading.com/attachments/1524971274985513547.jpg

[angmesgogomwz]

quote really straightforward ! Many thanks for the details! This could be the most useful indior I have seen.
(The Midas is already super-useful, but this gives it a new dimension.)
Would you be OK when I programmed it for TradingView (I will leave the source open)?
Greatest,
k

[OhhGuixxe]

quote Many thanks for the details! This could be the indior I've seen. (The Midas is currently super-useful, but that gives it a new dimension.) Could you be OK when I programmed it for TradingView (I will leave the source available)? Best, k kprsa no problem I don't have any copyright on Levine's job who specifically provides it free for us ! Https://www.nigeriaforextrading.com/attachments/1524971248.jpg

I discovered the Concept of the Displaced Curves at Midas Technical Analysis of Coles and Hawkins

My participation was just to use the Gann Octave / Vibration to Create the Displaced Curves
https://www.nigeriaforextrading.com/attachments/1524971248.jpg

[angmesgogomwz]

quote no problem that I don't have any copyright Levine's job who specifically provides it free to us ! Https://www.nigeriaforextrading.com/attachments/1524971249.jpg I found the Concept of the Displaced Curves at Midas Technical Analysis of Coles and Hawkins My contribution was just to use the Gann Octave / Vibration to build the Displaced Curves image I have that book also! I Have to re-read it...
Cheers,
k

[OhhGuixxe]

quote I have that book also! I Have to re-read it... Cheers, k Chapter 14 A MIDAS Displacement Channel for Congested Market

Chapter 15 MIDAS and Standard Deviation Bands

[OhhGuixxe]

An intriguing point is that Volume Task has almost no influence on the Support or Resistance Curve (in blue) should you compare with the Nominal Curve (in red)

Nominal Curve (in red) has exactly the same quantity for each time unit
https://www.nigeriaforextrading.com/attachments/15249712761107417880.jpg

[angmesgogomwz]

An interesting point is that Volume Activity has virtually no effect on the Support or Resistance Curve (in blue) should you compare with the Nominal Curve (in red) Nominal Curve (in red) has exactly the exact same quantity for each time unit picture I concur, it is difficult to distinguish between the mounted easy moving average (=equal quantity for each bar) along with the anchored volume-weighted MA (Midas). I only have a feeling that below the bars there are ticks, and also the VWMA would sort of correspond to the simple moving average average on this, real, tick chart. In practice, the difference is tiny.

Cheers,
k

[angmesgogomwz]

Midas envelopes mt4 variant

Utilization:
1. One puts a Vertical Line on the chart.
2. Rename the perpendicular line to V1 (or anything short name you want)
3. Place the indior on the chart
4. Select the parameters

https://www.nigeriaforextrading.com/attachments/15249712781642794104.mq4

https://www.nigeriaforextrading.com/attachments/15249712801626875392.jpg


Cheers,
k

[angmesgogomwz]

quote Many thanks for the details! This could be the indior I have seen. (The Midas is currently super-useful, but this gives it a new dimension.) Would you be OK if I programmed it for TradingView (I will leave the origin open)? Greatest, k The TradingView script midas_envelopes is https://www.tradingview.com/script/Ea2yS6Il-midas-envelopes/. It can be found among the general indiors.
Due to technical restrictions from the TV scripting terminology, an individual has to define the time and date of the significant high or low, instead of plotting a vertical line which I find more suitable.
Please be aware that internally TV uses the exchange time, which might differ by a couple of hours from one's preferenced timezone (such as my timezone differs in the oil exchange's timezone by 6 hours).

Cheers,
k

https://www.nigeriaforextrading.com/attachments/15249712831923553407.jpg

[OhhGuixxe]

quote The TradingView script midas_envelopes is https://www.tradingview.com/script/Ea2yS6Il-midas-envelopes/. It can be found one of the public indiors. An individual has to specify time and the date of the high or low, instead of plotting a line which I find more suitable. Please note that TV uses the market time, which might differ by a couple of hours from the preferenced timezone (like my timezone differs in the oil exchange's timezone... Nice and useful function in both cases ! https://www.nigeriaforextrading.com/attachments/1524971253.jpg

[oxmiokafomluny12]

Midas envelopes mt4 version Usage: 1). One puts a Vertical Line on the chart. 2. Rename the vertical line to V1 (or anything short title you prefer) 3. Put the indior on the chart 4. Pick the parameters file picture Cheers, k Thank you very much kprsa.
Based on your excellent code, I made a small modifiion to fullfil your own needs. Formerly I think I left it, although I don't know where to start, still not sure how to get the pivot, I just take the Low or High value to calculate them. It's an illuion of EU with chart, would you please give any comment whether is it ?
Due
https://www.nigeriaforextrading.com/attachments/15249712851827909226.jpg

[OhhGuixxe]

quote Thank you very much kprsa. Based on your great code, I made a little modifiion to fullfil your own needs. Previously I think it was left by me, although I do not understand where to begin, still not sure how to get the pivot, I take the High or Low value to calculate them. It is a good example of EU with chart, would you please provide any comment whether or not it ? Thanks image Pivot selection 1 moment
https://www.nigeriaforextrading.com/attachments/15249712871498174220.jpg

[OhhGuixxe]

quote Thank you very much kprsa. Based on your code, I made a modifiion to fullfil my needs. Previously toDay I believe I left it, although I don't know where to start, still not sure how to have the pivot, I take the Low or High value to calculate them. It's an example of EU with chart, would you please give any comment whether or not it ? Thanks picture Pivot choice 5 minutes
https://www.nigeriaforextrading.com/attachments/15249712901216107480.jpg

[oxmiokafomluny12]

quote Pivot selection 1 minute image Thanks a lot parisboy. Is there a rule for lookbackbars (according to EoD) ?

[OhhGuixxe]

quote Thank you a lot . Is there a rule for lookbackbars (according to EoD) ? No there is not !

You utilize :

- your eyes
- then your mind
- optionally the Envelope methodology to help you hierarchize the different Pivots, here Lows
https://www.nigeriaforextrading.com/attachments/1524900764996611716.jpg

[OhhGuixxe]

EURUSD Resistance Curve in the ATH Top - Octave Based
https://www.nigeriaforextrading.com/attachments/15249007671597980828.jpg

[angmesgogomwz]

quote Thank you very much . Based on your great code, I made a little modifiion to fullfil your own needs. Previously toDay I believe it was left by me, although I don't know where to begin, not certain how to have the pivot, I take the High or Low value to compute them. It is an example of EU using chart, could you please give any comment whether or not it not ? Thank you picture Hello newhope, I suggest reading the book by Paul Levine to get you started with Midas, and check out parisboy's ribbon for general info about envelopes along with his usage of them that is quite particular, but in my opinion, quite accurate. Particularly when coupled with Midas...
Cheers
k

[oxmiokafomluny12]

quote Pivot choice 1 minute picture Due parisboy,
Please see pictures below. I tried to alter the point, it sounds better. However, I believe I when the internet connection is offline, having some bugs in my code, I get a channel. The traces become horizontal, if I connect to internet. Is it there's really something wrong, or normal ?
https://www.nigeriaforextrading.com/attachments/1524900774178544651.jpg
https://www.nigeriaforextrading.com/attachments/15249007761995280627.jpg
https://www.nigeriaforextrading.com/attachments/15249007781098232169.jpg

[OhhGuixxe]

quote Looks like a Variant of Murrey to me ? image
Read the books. MIDAS Method has nothing . It's based on Volume and Murrey has nothing to say regarding Volume.

From the book of Coles and Hawkins you've informations about Displaced Curves , but this has nothing to do with Murrey because They Don't utilize the Octave to Construct the periods

[OhhGuixxe]

https://www.nigeriaforextrading.com/attachments/1524900780120823972.jpg

[angmesgogomwz]

quote The pitchfork, basically an imaginary line on the screen (but drawn according to principles), becomes a price assistance. Random market my bum. K picture A nice double-fork pattern for confirmation of the expected support line and additional limitation of possible target time.
k

https://www.nigeriaforextrading.com/attachments/15249008031772652869.jpg

[angmesgogomwz]

quote A nice double-fork pattern for confirmation of the anticipated support line and further limitation of potential target time. K picture s/o. Waiting what happens next, if the pattern repeats, I'll reenter. If it proceeds up, I'll close all running trades.
k

[angmesgogomwz]

quote s/o. Waiting what happens next, if the pattern repeats, I will reenter. If it profits up, I will close all running transactions. K Exited one, one left... Still this could be a spike in NY session, but if so, it should immediately go back to the main fork, that does not appear to be happening (yet).
k

[angmesgogomwz]

Returned to primary fork, now breaking out again...
When it does not break out soon, I think we'll be stuck at a range for a while.
k