I use custom indicators to trade, and the majority of traders use it. What do you think is a moving average? everybody uses them
I thought you meant the MACD and the Stochastic indicators with their default or standard settings.
You are right. The actual indicator, namely, the moving average principle or concept, is a custom indicator and I agree that every single trader and algorithm use it.
However, I am not aware that there are generally accepted "custom" time periods for moving averages that most people use. I think people use every moving average from 2 periods to 200 periods and even longer.
I don´t think using 199 different moving average periods could be described as 199 custom indicators. That would be too many. I am not aware of any generally accepted pair of moving averages that most traders use.
But, the moving average is certainly a custom indicator concept.
I thought you meant the two popular momentum indicators with their default or custom settings. I apologize for that.
So you say: i tested moving average 60, and 62 periods, and they return miss trades, so based on that i can assume 61, because it's between them, will be a bad system too. I think that's not right, because you are forgetting geometry. Maybe 61 periods create a special geometry pattern, and that creates a good system, today there are geometrical schemes very complex, like protein fold problem, that are impossible to brute force to find the best result. Everything you can see in the universe is only hydrogen atoms that combines itself in different ways. Combine 2 hydrogen atoms you have a very different element Helium, so why not combining moving averages of whatever other mathematical element, can't create a third new one?
No, I meant if you test moving average 61 on 2017 and moving average 61 on 2016 you get diffetent results.If you test ma 61 on EURUSD and on EURJPY you get diffetent results.If you test ma 61 on H4 and on MN1 you get different results.
OK? I think you should cook a bit with the markets, it will make you wiser at the end. I will wait for this to happen.
I will wait for this to happen.
I was waiting for this too but i doubt that it will happen soon, if ever.
I posted my "Holy Grail" here as you requested. See above.
Please de-bug it for me - as you promised.
Holy Grail Summary
A trading plan is a Holy Grail..
A summary is not repeating your opinion that you came up with at the beginning. This is not a summary, it just shows you came to state your mind and no much more.
I came here to state that a good trading plan should be able to give valid signals all the time.
I came here to state that a good trading plan should be able to give valid signals all the time. Thus, it is fundamental that we develop our trading plans with the intention for them to be good trading plans, as we all do. So, the specific point I make is that a trading plan that, theoretically, always give valid signals is a good trading plan. I think there are many out there. The main reason traders are not the richest people in the world is that we are not able to follow our trading plans correctly.
Did you hear about robots? They have no problem to execute correctly your plan. There are numerous robots which represent numerous trading plans (holy grails, in your language).How do you explain the fact that you can not find a single (constant) profitable robot?
I don´t have the time to study the MQL5 coding language and write the code for a robot. I am still perfecting my trading plan.
Can you run a robot confidentially without giving your code away to hackers over here?
What is the average cost of getting someone here to code a robot for me?
It depends. Not very costy ususally, but I don't think that the cost should deter you, having the Holy Grail - and stating yourself that the reason to not become rich is because it is not programmed.In fact, why are you afraid of hackers - as you say that every trading plan is a holy grail. Why stick to your own though? There are numerous free programmed trading plans (numerous holy grails).Just think the level of this debate became very childish so I quit. If you are interested in my summary:You clearly don't posses anything close to holy grail. You can bypass the weakness you think you have and program it, if you want a proof. It is possible to logically prove that constant holy grail can not exist (zero sum games where each side can have the holy grail can not co-exist).
Ok well to me any system that is profitable for an extended period of time, is a holy grail to me.
It does not even matter to me how much it profits, just that it does not generate losses (in the end when all trades are closed....)
And i happen to own one.
You wanna see it ?
Here it is:
I have nothing to hide, but i do wonder if my neighbor is hacking into the bluetooth since he bought a new Lambo recently so maybe it's a good comment about the fear of the hackers..
I think i need to change my wifi password asap.