ICT SmartMoney:) - page 2

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theres a fellow member exploring (with code) aspects of the strategy 


 
my favorite model is MMXM with STDv
 

Hi everyone I would like to thank ict for letting me dive in the trading ocean.

I became obsessed with fibonacci drawing chart after chart till I reached 3000 charts on all pairs and crypto and commodities a lot of charts are on floating fibo levels where I don't use the candle body or wick.

Anyway after passing the 5000 charts I can see the exact zones with exact reversal levels I just passed my pending order for the daily candle which means I prepare my pending order around 7 or 8 pm for next day and check it next day. 

Now I am beginning to taste the weekly candle. Wish everyone happy trading. 

 
ICT's way of trading is very subjective in my opinion. Yes, the elements he's using are mechanical, but as he said in a video "you can't just draw any FVG and expect it to work". So the hard part is coding the narrative and the filtering of the irrelevant pd arrays (ob, fvg, breaker block)
 
You can take any method you like, such as the ICT method, and tell yourself a different kind of story, and well, it'll still stick,

Basically, everyone makes scenarios, and everyone says I'm right, and I think that when a scenario is repeated often, then there will always be big hands to do the opposite. 

Let's take a look at the chain's revenue, over 10k per month

https://socialblade.com/youtube/c/inner_circle_trader
 

Most forex Gurus are scammers. 

Cue banks, Lamboraul, unregulated brokers, the money is in teaching and inspiring for influencers not trading. Real traders are like magician, they wont share their secrets. 

 
It is all about marketing. They are making simple concepts like a support and resistance sound like they have insider knowledge but it is nothing more than plain technical analysis rebranded with fancy words.
 
trampampam:

Let's think how we can automate it.

If there is someone who's using this strategy, could you show key-points of it?

Let's check together if the strategy is working.

Let's think about what it is actually: buying demand zones and selling supply ones within some context. It's not difficult.

 
well Actually pretty much everyone who is trading manually can never show any long term proof of profitability. It actually makes too mesne at all to trade manually. If u ever wanna have an idea about if your strategy u use work u wanna backtest. so instead of wasting months of backtesting. U can use code the strategy into a bot and test it will all different inputs in minutes. 1000times more effective 
 
There's no such thing as a FVG or OB it's all fancy sounding fantasy. Fair value is certainly  not a rapid market move, a gap in the market with few orders and an OB is a spike base not a block of orders placed by 'whoever' its all a clever con 
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