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@  Shahram : (22 September 2019 - 10:20 AM) Does anyone has experience with dukastcopy?
@  Shahram : (22 September 2019 - 10:18 AM) dukascopy
@  gabrielscama... : (21 September 2019 - 12:25 PM) mt5
@  Tripack : (21 September 2019 - 12:12 PM) Heh
@  Cookiebrawler : (17 September 2019 - 04:27 PM) MegaMoney 90%
@  aasir : (16 September 2019 - 10:25 PM) Binary Triumph
@  traderpusa : (10 September 2019 - 01:35 AM) that was my bmw lol. E60.
@  Monoaldo : (10 September 2019 - 01:34 AM) E60
@  manfloy : (09 September 2019 - 11:12 AM) well said.
@  traderpusa : (09 September 2019 - 11:07 AM) at least for the moment, china will hold back because of economic conditions. My guess is they want to involve PLA but simply are not in a position to do so for the moment.
@  traderpusa : (09 September 2019 - 11:05 AM) well, regardless of any agreement between uk and europe, there is still nato is trump doesn't blow it up lol
@  manfloy : (09 September 2019 - 11:04 AM) I am really worried about HK if the PLA phase in this can interrupt the entire chain between FX liquidity and current import / export countries. I understand that we have a bunch of corporations exposed to China, now believe that 99 percent of them are stable in HK because they have a high law. If the PLA gets in, they'll substitute this economic centre with a singapore.
@  manfloy : (09 September 2019 - 11:04 AM) Yeah, they're really a very significant player. I am informed that there is also a lot more than economic, for instance there are a number of military agreements agreed between the GB and the EU, which is serious.
@  traderpusa : (09 September 2019 - 11:02 AM) the UK being part of the EU GDP figures, but not part of the Euro only makes things a bit complicated on how to interpret numbers for trading purposes.
@  traderpusa : (09 September 2019 - 11:00 AM) of course one needs to focus on US being the biggest economy but UK is still up there. https://gyazo.com/42...39df1c7c58d9221
@  manfloy : (09 September 2019 - 10:56 AM) I'm focused on the US, so I don't spend so much on the GB, I'm supposed to study it well since 2015, but something has altered worldwide, literally, it's an enormous step in the world's liquidity and global system, modifications are nice, but they're really colorful.
@  manfloy : (09 September 2019 - 10:56 AM) thanks good reading
@  traderpusa : (09 September 2019 - 10:53 AM) As to China, read this over the weekend : https://apnews.com/6...f75f013bf54e6a9
@  manfloy : (09 September 2019 - 10:51 AM) Spectacular indeed lol, this is huge to be honest
@  traderpusa : (09 September 2019 - 10:47 AM) it's gonna be interesting. MP's are leaving the sinking ship and now also Bercow has resigned. Gonna miss this guy lol

Photo

An idea with speed.


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#1 shaileshm

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Posted 28 October 2017 - 12:33 PM

Hi guys. I found this resistance heatmap which looks super cool. i am explaining the base idea (self evident) and like others help creating a full strategy.

 

rhbf716.png

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#2 Tripack

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Posted 28 October 2017 - 12:39 PM

Looks cool but what is the logic behind ?
Tbh, looking at that chart my PA target entry would be much in the green zone :)

#3 MTH2014

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Posted 28 October 2017 - 12:47 PM

this frequency distribution tool, just like Market Profile..


"Some are faster, some are slower, and some will never get it...lol" "You may be right but certainly not the only one...  So, remove that smug smile from your face" :P

"If you are too proud of yourself right now, sooner or later the reality will hit you" "with flock of penguins around me, I will always feel the warmth and happiness"

"if you don't want to ask when you learn, you will never be asked in the future and that means you become nobody"


#4 shaileshm

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Posted 28 October 2017 - 01:03 PM

this frequency distribution tool, just like Market Profile..


And what is the best way to use it? Maybe with some other indicators?
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#5 shaileshm

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Posted 28 October 2017 - 01:06 PM

Tbh, looking at that chart my PA target entry would be much in the green zone :)


But those are sharp reversals.speed is still fast. Plus it is turning into a slow zone. Notice the bump forming.it might become a red zone bit later.
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#6 Tripack

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Posted 28 October 2017 - 01:19 PM

But those are sharp reversals.speed is still fast. Plus it is turning into a slow zone. Notice the bump forming.it might become a red zone bit later.


Sure, if you look at "speed" might be useful for bins, remains the challenge to time it well in the end. What is fast or slow ?

#7 MTH2014

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Posted 28 October 2017 - 02:06 PM

And what is the best way to use it? Maybe with some other indicators?

Well, just like another frequency distribution tools, you must learn how to read bell shape data (with nipples sometime..lol).  

This is 'reading' some range in history and look where the price more often to 'stay' or 'breaking', that meaning this is the 'fair' values of price where both sides of force agree to negotiate or fighting for the strength..

 

MTH2014_SS_2017_10_29_at_02_04_17.png

 

and 'geo renko' version equivalent  (using my renko builder indicator

 

MTH2014_SS_2017_10_29_at_02_16_15.png

 

MTH

 


  • shaileshm and Edward like this

"Some are faster, some are slower, and some will never get it...lol" "You may be right but certainly not the only one...  So, remove that smug smile from your face" :P

"If you are too proud of yourself right now, sooner or later the reality will hit you" "with flock of penguins around me, I will always feel the warmth and happiness"

"if you don't want to ask when you learn, you will never be asked in the future and that means you become nobody"


#8 shaileshm

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Posted 28 October 2017 - 02:16 PM

Hi MTH,

What I also noticed is some of the zones don't change (or change very little) with time. While others do. They change from green to red and other way around.
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#9 MTH2014

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Posted 28 October 2017 - 02:35 PM

You must use this kind of tools, with 'fixed' anchoring values from history, if you use it in real time movement price (by let max bars to 0), then you just losing the statistic ground base. So, using this kind of tools in the end of the day, or week, etc will give you better result for marking future playing field..

 

this is example of Market Profile Tool Indicator, created by one of the best MQ4 coder from my country.

MTH2014_SS_2017_10_29_at_02_32_09.png

 

This is plot for 5 days range on GU M5, but create daily 'profile' this is work for spot fx, but I don't think this will work with BO


"Some are faster, some are slower, and some will never get it...lol" "You may be right but certainly not the only one...  So, remove that smug smile from your face" :P

"If you are too proud of yourself right now, sooner or later the reality will hit you" "with flock of penguins around me, I will always feel the warmth and happiness"

"if you don't want to ask when you learn, you will never be asked in the future and that means you become nobody"


#10 shaileshm

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Posted 28 October 2017 - 03:06 PM

Sorry MTH, but max bar = 0 means taking all the bars in history right?
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#11 MTH2014

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Posted 28 October 2017 - 03:14 PM

Sorry MTH, but max bar = 0 means taking all the bars in history right?

Yes, exactly, so that meaning, it depend on your MT4 history range, and of course that meaning every one will get different bell shapes, because their 'all history' data different in size,  and just like any statistics processing, more datas meaning less extremes.. and in this field, older data mean less significant compare to newer data


"Some are faster, some are slower, and some will never get it...lol" "You may be right but certainly not the only one...  So, remove that smug smile from your face" :P

"If you are too proud of yourself right now, sooner or later the reality will hit you" "with flock of penguins around me, I will always feel the warmth and happiness"

"if you don't want to ask when you learn, you will never be asked in the future and that means you become nobody"





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