Spili, This is one of the best opening remarks I have read. Very warm with a twist of sarcasm here and there... also quite smart.. Congrats. I hope fx market treats you much better in the new year. Best of luck and Merry Christmas......

Things to think about over the holidays

Welcome Ekud.... Good luck..

Renko Trading Discussion

I am familiar with PF charts but I have never used them for backtesting. You can try to see if it works or not. Please let us know it it works. Good luck....

Renko Trading Discussion

Thanks, I will check the site..

Renko Trading Discussion

I wasn't aware of such script. How does it work? Could you explain a bit please?

Renko Trading Discussion

I think easiest way to do it is as follows: 1. Create you renko chart for a pair 2. Open that chart, while the chart is open "Save as" csv format 3. Disconnect mt4 from internet 4. When the internet connection is off, open history of that pair for ...

Renko Trading Discussion

Sure you can but don't forget the loss can come in your first trade. %4.77 loss doesn't mean that the loss will come later. Every trade you take there will be %4.77 chance of losing, not including the spread. The spread will increase this %4.77

Martingale, Anti-martingale, and Compounding

Exactly. At first loss, you will lose all though. If you take random walk principles with 100 risk for 5 profit, your winning percentage is roughly 100/105 = %95.23 So there is a %4.77 chance that you will incur a loss and wipe all out. Thats about ...

Martingale, Anti-martingale, and Compounding

The formula you stated (1.05^40 *100 ) compounds as long as you increase you risk %5 every time. If you risk $100 every time and make $5, after 40 trades you make $200. (40 * 5) On the other hand if you risk 100 and add you winnings to the $100 you ...

Martingale, Anti-martingale, and Compounding

[quote=PipMeUp;8656473]You can tell me that I needn't know how an engine works to drive my car. True enough. Does this forbid me to be curious? Divergence is this kind of curious thing I'd like to understand. You can find zillions of sites that ...

What really is divergence?

Great, thanks a lot...

Renko Trading Discussion

Nice results Math, congrats... Did you use the variable sized renko or fixed size? If it is no big trouble, could you test the ea on rangeboxsize bars that I have posted? Thanks..

Renko Trading Discussion

Well it is actually a little more complicated than that. There are two methods for this actually. 1. (HighOfDay/LowOfDay) ^ (1 / NumberOfBarsForTimeFramePerDay) --> This is the approximate method. 2. (HighOfDay/LowOfDay) ^ (1 / ...

Renko Trading Discussion

Personally I am anxious to see this. Thanks and good luck coding it.... Another method you could maybe consider is to create a renko or rangebar builder using percentage change. This way you would get rid of the size of the bars as pips. Since fx ...

Renko Trading Discussion

Glad you liked it. This method is more suitable for range bars, because renko has a method of (2 x size) at turning points, where range bars have none. So here is a range bar generator which I use (these are experts): file file I am attaching ...

Renko Trading Discussion

I would recommend sqrt of time function to closely mimic a time frame (5 minute or 15 minute). Here is an example: If you want to mimic 5 minute time frame: average daily range(last 30 days) / sqrt(1440/5). so as formula it would be ADR / ...

Renko Trading Discussion

If I were you I wouldn't quit. This is a very interesting enlightment for all of us who are interested. The shallow, or one track minded people would be eliminated as time passes. So if I were you I would stick to my beliefs. Two quotes from Henry ...

Astro based Turning Points known in Advance

Such an inmature gesture. If you don't believe in it, just don't read the thread. No need to thrash...

Astro based Turning Points known in Advance

Very interesting. I guess this clause means residual of the predicted values? 5) Calculate the spread. For 2 pairs, spread = X - Coef * Y Is that right?

Mathematical Relationship between Forex pairs

Thanks. All opinions count as equal. If math would work all the time, all the math guys would be millionaires.........

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