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@  binaryy : (28 March 2020 - 08:02 AM) Admin, please delete my account permanently. Thank you
@  binaryy : (28 March 2020 - 07:56 AM) how to delete account
@  binaryy : (28 March 2020 - 07:56 AM) close account
@  BOedge : (28 March 2020 - 06:43 AM) he sent ex4 files for a reason
@  BOedge : (28 March 2020 - 06:40 AM) @ roopem - rich is relativ. When you look at some of his trades, the amounts were relatively small. In US funds. But when the average monthly income of your country is below 300 bucks, then it ends up being a lot. Btw, rich and successful people also die at some time. The strats and the indis, the way the indis were named, the way of conversing, were all the same.
@  Chosen3000 : (28 March 2020 - 03:47 AM) I think MTH2014 has passed away...
@  roopem : (28 March 2020 - 03:16 AM) i got an indicator he shared privately that needs update and the only one that can update it is him, i dont know if someone can decompile it tho
@  roopem : (28 March 2020 - 03:03 AM) i would like to talk with MTH2014 but he doesnt answers his pms neither his telegram
@  roopem : (28 March 2020 - 03:02 AM) i doubt nih98 is MTH2014, because MTH2014 is a rich and successful trader...
@  Tripack : (27 March 2020 - 12:36 PM) Yeah he was
@  traderpusa : (27 March 2020 - 01:53 AM) search for him in BOE, he had a couple of threads. Very talented coder.
@  ishan007 : (27 March 2020 - 01:03 AM) who is MTH14 btw
@  BOedge : (25 March 2020 - 02:50 PM) Uncle... :(
@  traderpusa : (25 March 2020 - 11:27 AM) @kouropalatisk, his intentions are clearly not trading related lol.
@  Tripack : (25 March 2020 - 11:18 AM) I think it is explained here :( https://www.forexfactory.com/nih98
@  kouropalatisk : (25 March 2020 - 07:21 AM) @traderpusa, I'm a newbie as well but I lol'd a lot reading your reply below hahaha!!! :lol: :lol: :lol:
@  traderpusa : (25 March 2020 - 02:23 AM) 0 post since 2016 and that is your first question ?
@  roopem : (25 March 2020 - 01:42 AM) do anyone know what happened with MTH2014 and who is his cousin here?
@  roopem : (25 March 2020 - 01:42 AM) hey guys
@  David : (23 March 2020 - 09:47 PM) how about you?

Photo

An idea with speed.


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10 replies to this topic

#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?
Know Thy Setup. Know Thyself.

#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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