Only in-as-much as it allows the law of large numbers to play out. If that's against you, then money management only guarantees a loss. You're basing your MM on a historical max drawdown during some period, the assumption being that new losses won't ...

My money management (advanced)

In "The Hedge Fund Handbook" it's stated that returns follow a normal distribution (or are assumed to follow) while price series data is more fractal. There's some of it on Google books. I found the overview at: url To be a nifty starter. There's ...

My own small "revelations" about volatility

Price series. Altho I'm not all that far into development yet. A logistic distribution may fit better, will depend on the tail obviously.

My own small "revelations" about volatility

Ahhh, ok. So it's saying the average daily move is around 1% of price? That makes way more sense. But doesn't that also mean that higher prices should naturally have lower numbers? .0097 * 1.8 = 0.01746 versus .0099 * 1.46 = 0.01445 I wonder how ...

My own small "revelations" about volatility

I long for the days of better array functions. Some languages have a recursive "serialize" function that takes an array and converts it into a string for output. Sadly... MQL does not have that. I think the best you're going to get is the ...

Is it possible to save array info?

Hrm. I told it to use daily data too, altho the little pulldown keeps reverting back to hourly. 170 pips tho looks like daily data. A lot comes down to how you define volatility. If you define it as absolute pips or if you define it as percentage of ...

My own small "revelations" about volatility

Using your link... I get: EURUSD - 144.50 pips GBPUSD - 174.00 pips The thing about volatility (defined as absolute pip movement during the day) is that it's not really easier to make money w/ higher levels. If you're using a bar-based stop loss ...

My own small "revelations" about volatility

I managed to finish this only to find out there's a similar indicator called "market profile" that's been developed w/ an entire system of trading. Look for it, you'll find it. The problem w/ arrays is that there's a series of oddities in the way ...

Price Density Index

Not concerned about banking really, concerned about trading. Right, but if you're doing business in multiple countries it's going to be a necessary evil. There are banks right now that need to supply GBP to their clients, despite the fact that ...

Why Trading Forex is So Difficult - Long Term vs. Short Term

Sweet. Yea, I think you're right. The big dollar weakness trend has lasted for years. Flip out to the weekly and look at the eurusd, was an uptrend since 2002. Trendline isn't far from breaking, if it does... watch out.

Why Trading Forex is So Difficult - Long Term vs. Short Term

Sigh. I was referring to your mis-spelling of the word. I found it funny that you were trying to correct my spelling with another mis-spelling. In your original post you didn't really say much to elaborate the concept. I did say this, however: ...

Why Trading Forex is So Difficult - Long Term vs. Short Term

Sigh. We've already been over this. They're the same dang thing, it's all a matter of perspective, which is why one page says one thing another says the exact opposite. Yet they're both right. It's all a matter of time frame, one man's "5 days of ...

Why Trading Forex is So Difficult - Long Term vs. Short Term

Actually no it isn't... Linky: url We're both wrong, laff. It's hetereoskedasticity. Spelling errors aside (what, is this a spelling bee of insanely long words?), however... It's to model volatility's tendency to clump or cluster. Which is exactly ...

Why Trading Forex is So Difficult - Long Term vs. Short Term

So you say. Again, you fail to provide any details about what you disagree with. Your personal problems w/ other members is not my concern. But if you "answered" them the way you didn't answer me, I can see why they took offense. I'm giving you a ...

Why Trading Forex is So Difficult - Long Term vs. Short Term

You're going to have to be more specific on what you disagree with, there's a lot there. If you're disagreeing with my position that a lot of bank traders are losers, well I happen to know that as a fact (recently saw it first hand, but there are ...

Why Trading Forex is So Difficult - Long Term vs. Short Term

Which one lags less (or correlates better?), oil or the euro? Probably oil, supply and demand have been more constant there where as the eurozone has it's own economic issues.

Why is EU correlated with Oil?

Oil is priced in dollars. The EURUSD is largely driven by the changes in the value of the dollar. Therefore changes in the USD would result in large changes in the EURUSD and oil. The common correlation is the value of the dollar.

Why is EU correlated with Oil?

There's a difference between financial institutions, traders at financial institutions and large institutional traders. Financial institutions actually tend to lose money trading, they're only in the market because they have to be in order to ...

Why Trading Forex is So Difficult - Long Term vs. Short Term

Pay attention to: Central bank monetary policy Economic production (GDP, jobs data) Budget deficit Trade balance Inflation data (PPI, CPI) The picture: Start with the interest rate cycle. Is it tightening to control inflation or loosening to ...

The "crossover" from TA to FA or Visa Versa

I tried that, it didn't help. I tried every relevant command in the MQL manual under arrays. The fix was declaring the size at the start.

MT4 array funkiness... wtf?