Discussion of article "Alan Andrews and his methods of time series analysis" - page 2
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Interesting case. The Metatrader programme also plays a lot of drawings. There is a huge number of people who, using Metatrader, drained their deposit.
And this is normal.
But if someone creates a tool that draws something, whether by order or just in a burst of desire to make a programme that implements someone's idea, it is nasty.....
Discuss it - don't you dare. Show the result.
The result of a programmer's work is a working programme.
Nobody criticises Metaquotes for created MT4, MT5. This terminal draws something and it is good.
But Alan Andrews, by the way his tool is placed in Metatrader, is the creator of something that has no right to exist.
It is a pity that Alan Andrews has not been able to answer to anyone for many decades now....
Well, you should have just admitted to what I've been saying for two pages.
TS works 100% if you sell it, but it doesn't work on the real market ))))
I don't know how they are trading there now. It's not my site. We parted ways with Putnik a long time ago. But many people who use Putnik's developments have told me that they can trade well.
My job was to make the programme.
Well, you should have just admitted to what I've been saying for two pages.
TS works 100% if you sell it, but it doesn't work on the real market ))))
By the way, go through your criticism of Metaquotes development.
It's no secret, there is a huge number of people who drained their deposit using Metatrader.
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Here we are discussing the Andrews Pitchfork graphical tool. And not who trades using this tool.
Discussion of any trading system -- it is the essence of two questions:
1) how effective the trading system is
2) confirming the effectiveness with personal trading.
There are two types of developers:
-- the one who programmed someone else's trading system
-- the one who developed and programmed their own trading system.
It is reasonable to honestly say: "I programmed someone else's trading system, I do not trade on it myself and all conclusions are based on the words of its author" -- or "I programmed my own trading system, I trade on it, here is the confirmation".
Unfortunately, >99% of participants do not give two key answers: efficiency and personal trading. It is clear that without a personal trading example there is no point in talking about the effectiveness of a trading system -- it is either deliberate deception, or fraud if the system is sold.
Actually, this is what all the arguments are about.
As a suggestion, when placing an indicator or Expert Advisor in the Market, the author should answer two questions: 1) the system is developed by me/not by me, 2) I trade/not trade on the system (if the answer is "I trade", there should be confirmation of trading) - the Market publishes these answers at the very beginning of the description.
I have a question, have all these graphical analysis gurus written about the recommended TimeFrames where their tools work? I think it is 1 day? And hence the second question for calculations they took calendar or trading days (or if intraday, then sessions or day)? Is there any mention from them on this issue? Without knowing the exact time scale suitable for calculation, it is difficult to plan, and as we know the future in MT5 takes into account calendar time, while the past - trading time....
Most often it was a day, trading days.
Although the same Demark highly recommended hourly charts for the best entries, and the same Gunn went from $100 to a plane in a day (I don't remember, something about 10000 at those times)....
And pitchforks, and Murray's system (there is my article on this site, there can be also... interesting, who is interested), and Adverza Tactics work for me on all timeframes, on which I trade; the main thing is to combine pictures from older and younger ones and not to confuse soft with warm ;-)
And one more thing - it is very important in all charting systems known to me to work on the opening of the candle, not on the current price. Exceptions can be "iron" levels with an adequate stop for the given timeframe....
Discussion of any trading system -- this is the essence of two questions:
1) how effective the trading system is
2) confirmation of effectiveness by personal trading.
There are two types of developers:
-- the one who programmed someone else's trading system
-- the one who developed and programmed his own trading system.
And, I'm sorry, why - in the light of "tools"? By the way, are you aware that you can unscrew screws with a hammer? Sometimes it works even without pliers, I checked..... I'll tell you in confidence, it's very uncomfortable for me, but it's possible.
For me - not quite so... The system can be effective, but not in specific hands - for example, due to the peculiarities of the character, schedule of the trader - well, and other factors.
It's like "It's not my fault, he came by himself". Until someone with "specific hands" started to try the strategy in real trading, the system was profitable.
It's like, "It's not my fault, he came to me." Until someone with "concrete hands" started to try the strategy in real trading, the system was profitable.