Average pip movement for the market (Volatility)

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Zee Zhou Ma
1495
Zee Zhou Ma  

I notice ATR is being used to compute the average pip movement for the market, and has been used as a volatility indicator.

Anyone knows if there are other indicators that can perform the same function or better? Thanks.


Provide links here if you have.

Petr Nosek
1252
Petr Nosek  
Zee Zhou Ma:

I notice ATR is being used to compute the average pip movement for the market, and has been used as a volatility indicator.

Anyone knows if there are other indicators that can perform the same function or better? Thanks.


Provide links here if you have.

Try difference between MA(PRICE_HIGH) and MA(PRICE_LOW).
Zee Zhou Ma
1495
Zee Zhou Ma  
Good, thanks. Any other pointers from anyone else?
Icham Aidibe
11288
Icham Aidibe  
Zee Zhou Ma:
Good, thanks. Any other pointers from anyone else?

Chaikin

HousseXZ
496
HousseXZ  
Bollinger bands it is more visual and better in showing s&r in addition tho volatility
Marco vd Heijden
Moderator
8167
Marco vd Heijden  

High-Low over symbols total.

Then Arraymaximum and Arraiminimum to discover min and max amplitude.

This way, you get the whole picture.

Discover that all pairs with a specific base or counter move alike.

Discover front runners, and stalled ones, make use of the difference.

Get an idea of the nominal moves, and especially the cone of silence.

This is when the pushing and pulling suddenly stops, at that point you know where it's at, it's possible to trade the pullback too.

You can combine this, with the tickvalues in base currency to get a good overview of the entire market.

Icham Aidibe
11288
Icham Aidibe  
Marco vd Heijden:

High-Low over symbols total.

Then Arraymaximum and Arraiminimum to discover min and max amplitude.

This way, you get the whole picture.

Discover that all pairs with a specific base or counter move alike.

Discover front runners, and stalled ones, make use of the difference.

Get an idea of the nominal moves, and especially the cone of silence.

This is when the pushing and pulling suddenly stops, at that point you know where it's at, it's possible to trade the pullback too.

You can combine this, with the tickvalues in base currency to get a good overview of the entire market.

Example:


Damn, nice overview here !

Marco vd Heijden
Moderator
8167
Marco vd Heijden  
Icham Aidibe:

Damn, nice overview here !

This is only the visual layer.

There is also a audible layer.

This adds a complete new dimension to the trading experience.

The robot speaks.

"New High on H1 "EURO UNITED STATES DOLLAR"

"New low on D1 "GREAT BRITTAN POUND JAPAN YEN"

This goes on for some time and you hear them compete for the leading position.

And then it just stops, it stops talking.

And you don't even have to look at your screen.

Zee Zhou Ma
1495
Zee Zhou Ma  

Haa, maybe we should start a new thread on trading chatbots. 


Yes that is good insight. Perhaps, your method gives a more accurate picture of average pip movement since it uses array minimum and array maximum. 

Your account size also beats mine... many times to one. lolx

Icham Aidibe
11288
Icham Aidibe  
Marco vd Heijden:

This is only the visual layer.

There is also a audible layer.

This adds a complete new dimension to the trading experience.

The robot speaks.

"New High on H1 "EURO UNITED STATES DOLLAR"

"New low on D1 "GREAT BRITTAN POUND JAPAN YEN"

This goes on for some time and you hear them compete for the leading position.

And then it just stops, it stops talking.

And you don't even have to look at your screen.

An assistant ! I've seen one on the market : 

I wanted to do it with one of my indicators long time ago, but independant wav file stopped me - I also thought at a txt to speech dll - it was time consuming and not useful that much 

Marco vd Heijden
Moderator
8167
Marco vd Heijden  
Icham Aidibe:

An assistant ! I've seen one on the market : 

I wanted to do it with one of my indicators long time ago, but independant wav file stopped me - I also thought at a txt to speech dll - it was time consuming and not useful that much 

You can use espeak on linux its just one command to produce a wav file.

and you can put it in a script then make the entire engine at once.

Not very hard.

I can assure you that the created audio feed will reveal many unknowns, it's very helpful.

12
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