variations on the WOC theme - page 7
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I know Slava has been "struggling" for months, so his tenacity is enviable
Thanks to such people, many discoveries and inventions were made which we all use now and which make up our standard of living. They were like Slava. They were vilified and they went ahead no matter what.
You're a little off topic. It's not about the mud at all. Every industry has its own written and unwritten rules. Glory knows them, he's always breaking them and playing hard to get. He is trying to make money on peculiarities of brokerage companies' quotations, not on market inefficiencies (patterns). To put it simply, exploit the VC's vulnerabilities. From the DC's point of view, this is cheating. And the brokerage companies fight it. Each of them does it in its own way. They are certainly not angels, but they are understandable. Slava is trying to break the principle "You do not go to strange monasteries with your own law", he is trying to force brokerage firms to work by their own rules. This does not look like an invention. The situation is worsened by the fact that Slava is trading on micro-accounts in kitchen (unregulated) brokerage companies that will not be able to get justice even if the client is 100% right. For these kitchens have been registered on banana islands and they have at best a betting license and operate according to the laws of these islands.
Repeatedly Slava was offered an alternative: to trade his favourite pips through ECN. He complains about the commission, as if all his profit goes to it. So, what kind of trading is this if the commission of a normal regulated ECN-broker is not covered? All that's left to do is to spread snot all over the forums.
The only way out is to move the action principles to a higher TF, figuratively speaking. Working with ticks does not seem serious to me. The question is whether there is a desire to work on it.
Has anyone figured out WOC's algorithm, could you tell us popularly how trades are opened and closed?
So I have no doubt that it's quite possible to create a profitable Expert Advisor based on the idea of tick analysis! (we just need to learn how to prepare them ...)