Conor Mcnamara / Profil

The answer is 2, it's still going down.

Because THAT is known as a liquidity trap which traps a lot of novice traders.

Trading quiz.

Where do you think the price is going?

1. Support is found, it's going up again
2. Still going down

My next project is to create a system that allows you to buy and sell manually in the actual EA strategy tester. I don't even know if this works yet. But I think that if we could test our strategy AT SPEED it would be good.

Hat den Code Indicator loader for strategy testing veröffentlicht

Hat den Code Zigzag Custom Timeframe veröffentlicht

Hat den Code OHLC Candles with extreme tick price tracking veröffentlicht

Hat den Code OHLC Candles with Ask and Bid veröffentlicht

This is a historical moment for me. The cleanest trade I have ever made !

Hat den Code Trading Session Mapping veröffentlicht

Hat den Code Volatility Step Channel veröffentlicht

this was another entry on the VWAP price

the way I see it, whether you buy or sell at this price, there's some profit there eitherway

I am on a demo account performing these tests where I put indicators into live testing

this entry was the VWAP price at the time I placed the buy limit, it seems like a good indicator to me, and it's downloadable on the codebase

I used to think that from a 10K account and 1:33 leverage, a 1 month profit of 1 - 2K would be very good. But this current strategy is showing much greater alpha in one month.While I know that not every month can be the same, and that one month historical backtest means nothing for the future, it gives me an indication that this strategy has substance if it can show results like that. This is the power of ATR.

By not immediately executing a trade upon a signal...you can refine entries using states. It's just a bit more work.

It's crazy to think that technical analysis in financial markets borrowed from mechanical engineering, electrical engineering, statistics and probability theories, geospatial engineering, thermodynamics, neuroscience....the list goes on

A promising work underway..

- Candles are colored based on IDWMA price cross, noise, momentum, and doji patterns
- Extreme channel to calculate extreme prices on the last 30 bars
- ATR bands from the IDWMA price

Buy:
Previous and current green candle
Bid price is below the midpoint of the extreme channel
Bid price is above the 50 period EMA
Position stop loss trails on ATR band

Sell:
Previous and current red candle
Bid price is above the midpoint of the extreme channel
Bid price is below the 50 period EMA
Position stop loss trails on ATR band

the volatility SAR with a strict momentum rule

the volatility SAR with no momentum rule

There are some shortcomings in the Parabolic SAR.

It traditionally used a fixed acceleration factor and didn't account for volatility, and this made it give bad signals in choppy markets. It also didn't care about price momentum, so it always had a signal while disregarding the fact that sometimes it's not good to trade.

I'm building a Custom SAR which is accelerating based on volatility (fully dynamic acceleration factor), and looking for valid momentum. If there is no valid momentum, the signal is removed on these bars.

How can we calculate the trend change on time from extreme pivots?

- Zigzag algo extended to find when the leg stops moving
- When the leg stops moving, the trend change is analysed from a non lagging moving average
- Now it is calculating only the moving average trend changes relating to pivots
- All other fleeting moving average trends are ignored