Monte Carlo Predictor MT4

5

The utility refers to probabilistic analysis tools, in particular the Monte Carlo method.

The Monte Carlo method is defined as the simulation of processes in purpose to evaluate their probabilistic characteristics and apply them to the solvable task.


Operation features

The simulation uses a tick model with the subsequent transformation to the candles form, as a model as close as possible to the real market process.

The utility generates a stream of a random tick sequence until a result with the best similarity to the original sample is obtained, and continues this stream as an expected further development of events.

This method of forecasting is based on synchronization of numerical distribution of the generated instance and the original sample.


Сontrol

The utility is controlled by a single button that has several states:

  • Pause - the utility is idle, pressing the button starts the process and puts the utility in the "Seek" state.
  • Seek - the utility works and searches for the most suitable instance, pressing the button puts the utility in the "Pause" state.
  • Satisfactory or Wonderfully - the result of verification of the generated instance and the original sample, pressing the button starts the continuation of the process and puts the utility in the "Seek" state.


Input variables

  • Candles - number of candles taken from the chart as the reference area.
  • Forecast - forecast size as a percentage of the total volume of the candles of the reference area.
  • Similarity - similarity criterion, as the number of candles as a percentage of the number of candles of the reference area, is unacceptable to fall outside the channel of reconciliation at closing prices.
  • Channel - width of the reconciliation channel in standard deviations, as the lower and upper bounds, is unacceptable to fall outside at closing prices.
  • Scale - multiplier for the tick size that controls the amplitude of the generation.
  • Norm - volume normalizer, this parameter slightly reduces the quality of simulation, but significantly speeds up the process of finding instances:
    • for value of 0 - normalization is not performed.
    • for values over 500 - normalization is performed relative to the total value of the volume columns of the candles of the reference area.
    • for values from 10 to 200 - normalization is performed relative to the average value of the volume columns of the candles of the reference area.
    • for values from 200 to 500 - normalization is performed relative to the maximum value of the volume columns of the candles of the reference area.
  • Shift - shift in history, allows to evaluate and adjust the quality of forecasts on the existing history.
  • Rand - dimension of the random number generator.
  • Alerts - notification method when the searching has finished.
  • Visible - displays the process, always or only when the searching has finished.
  • Pinpoints - enable/disable the control points when comparing the generated instance and the reference area.
  • Liquidity - enable/disable the follow of the daily template of tick activity for the forecasted candles.
  • Volumes - volume scale used in calculations, tick or real.

Other variables are related to color settings, and their purpose becomes clear from their names.


Features of testing trial version

  • In the strategy tester set the "Every tick" mode.
  • Adjust the tick rate to approximately no more than one tick per second.
  • Visualization of the process in the MT4 strategy tester is less dynamic than on a real chart, so just switch the utility to the "Seek" state and expect the result as a forecast in the form of yellow candles.
  • Also use the input variable "Shift" according to its purpose.


Useful notes

  • The forecast should not be taken as the ultimate truth.
  • Also should not to focus on the forecasted candles, as if they already exist.
  • Pay attention mainly to the direction of the forecast, as well as the intensity of this direction.
  • Additionally perform a visual verification of the generated instance and the reference area.
  • Use the utility only as an accessory tool in conjunction with your main trading strategy.

Comentários 3
nicolaeadrian
153
nicolaeadrian 2021.11.27 16:33 
 

Useful tool and very good customer service

jmhuang
3144
jmhuang 2020.11.15 11:22 
 

i have tried many predictor indicators but have been disappointed. But finally a decent indicator which i am getting consistent results. Thanks a lot to the author. Kudos.

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5 (9)
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Telegram para MT4:   A solução definitiva para cópia de sinais Otimize suas negociações com   o Telegram para MT4   , o utilitário de última geração desenvolvido para copiar sinais de negociação diretamente de canais e chats do Telegram para sua plataforma MetaTrader 4 — sem a necessidade de DLLs. Esta solução robusta garante a execução perfeita de sinais com precisão incomparável e opções de personalização, economizando seu tempo e aumentando sua eficiência. [ Instructions and DEMO ] Principais
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MACD Divergence Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find regular and hidden divergences between price chart and MACD indicator. This divergence scanner is integrated with support and resistance zones so you can check the MACD divergences in the most important areas of the chart to find trend reversals in the price chart. Download demo version   (works on M 1,M5,M30,W1   timeframes) Full description of scanner parameters ->  
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Gerente de Risco TPSpro       é um sistema único de controle de risco profissional para traders de qualquer formação e capital. Permite evitar perdas nas negociações e erros graves nas transações. O TPSpro Risk Manager é necessário para o gerenciamento de risco, principalmente para cambistas e day traders, mas é usado com sucesso por traders de qualquer estilo de negociação. O painel possui 3 colunas, cada uma contendo informações úteis. A primeira coluna exibe informações sobre a conta no iní
King Trade Copier MT4
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King Trade Copier MT4 – Lightning-Fast Local Trade Copier (Master + Slave in ONE file) King Trade Copier is a professional local trade copier that mirrors every trading action from one Master account to unlimited Slave accounts on the same PC or VPS — with an internal copy latency of just a few milliseconds. It was built by a real trader for daily real-money use, with one goal: whatever happens on the Master must happen on the Slave, instantly and without exceptions. Watch the demo video to s
O que é o Telegram to MT4 Pro? Telegram to MT4 Pro copia automaticamente sinais de canais e grupos do Telegram privados, públicos e restritos diretamente para a sua conta MetaTrader 4 . Telegram to MT4 Pro é um copiador profissional de sinais que copia automaticamente sinais de trading de qualquer canal ou grupo do Telegram diretamente para a sua conta MetaTrader 4 em tempo real, com controlo total sobre cada operação. O sistema tem duas partes a funcionar em conjunto: Este Expert Advisor — inst
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Transform Your Trading with SmartFastTrade AI: Speed and Ease at Your Fingertips! Introduction Are you a trader struggling with slow order execution? Do you want a tool that can assist you in making quick and accurate trading decisions? If yes, then SmartFastTrade AI is the answer to all your trading needs. With its unique combination of speed, user-friendliness, and advanced features, SmartFastTrade AI will help you unlock your full trading potential. Let's delve deeper into why this innovativ
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The indicator refers to the means of probabilistic analysis. Prediction is performed by the Monte Carlo method together with a mathematical model of a neuron. But, the modeling of samples for this method is made not artificially, but comes from the original "nature", that is, from history. The number of samples and the detail of their modeling is achieved using the lower (relative current) timeframe. Indicator algorithm : In general terms, the algorithm boils down to the fact that the indica
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The indicator displays peak levels of activity formed by the maximum volume, tracks the correlation of the candles on all timeframes (from the highest to the lowest one). Each volume level is a kind of key trading activity. The most important cluster is inside a month, week, day, hour, etc. Indicator operation features A volume level receives Demand status if the nearest volume level located to the left and above has been broken upwards. A volume level receives Supply status if the nearest volu
The utility refers to probabilistic analysis tools, in particular the Monte Carlo method. The Monte Carlo method is defined as the simulation of processes in purpose to evaluate their probabilistic characteristics and apply them to the solvable task. Operation features The simulation uses a tick model with the subsequent transformation to the candles form, as a model as close as possible to the real market process. The utility generates a stream of a random tick sequence until a result with th
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The indicator calculates volume profiles dynamically and displays the result as VAL, VAH and POC curves. Indicator features The indicator uses the historical data of the lower (relative to the current) timeframes for calculations: M1 - for timeframes up to H1, M5 - for timeframe H1, M15 - for timeframe H4, H1 - for timeframe D1, H4 - for timeframe W1, D1 - for timeframe MN. The color of the DPOC curve sections is determined by comparing the volume of the POC levels of all profiles that make up
The indicator refers to the means of probabilistic analysis. Prediction is performed by the Monte Carlo method together with a mathematical model of a neuron. But, the modeling of samples for this method is made not artificially, but comes from the original "nature", that is, from history. The number of samples and the detail of their modeling is achieved using the lower (relative current) timeframe. Indicator algorithm : In general terms, the algorithm boils down to the fact that the indica
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Tuanyer De Los Santos
1478
Tuanyer De Los Santos 2022.12.16 22:51 
 

O usuário não deixou nenhum comentário para sua avaliação

nicolaeadrian
153
nicolaeadrian 2021.11.27 16:33 
 

Useful tool and very good customer service

jmhuang
3144
jmhuang 2020.11.15 11:22 
 

i have tried many predictor indicators but have been disappointed. But finally a decent indicator which i am getting consistent results. Thanks a lot to the author. Kudos.

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