Tag Archives: random

True range forex trading market random performance video

Watch my 11 minute video below to let me know what you think via commenting

My exit forex trading struggles

This video presents 8 random forex trading (from Dukascopy Jforex 3) positions that my current automated trading system picks up. It seems that the Average True Range and Simple Moving Average fast/slow moving crosses are lagging. The only reliable exit indicator is the equivalent of ‘take profit’ but I choosing potentially Profit N Loss in US Dollar for any open position. Would it not make sense to statistcially calculate the best target with most likely peak average of any position.

What this video reveals

This shows how random these positions. It is so random that there is no pattern but still some positions exceed $.70 for 0.001  amount traded. This is from my Dukascopy API which can call Profit and Loss  in US Dollars for any open order.

What to do? 

Should you use a combo of the Average True Range and Simple Moving together. Should you allow the trader to stay open e.g. as in hours? It seems the ATR is useful for the downside risk to protect your bad trades. It just seems that there are too many (money losing) trades as you can see in this video.

What would you do?

It seems you could any which way you would go concerning these combination of indicators. Someone even recommend Hull This was recommended within my private Telegram group:

For an idea of an exit, something I’ve tried in the past is using the Hull indicator set to a period of 2. When there is a large excess beyond something like a bollinger then that’s the end of a movement.

Here are some internal links to help you from this blog

Deep dive using Dukascopy Jforex API with Simple moving average with market entry

Benefits with technical hints of average true range script for max forex trading alpha

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!

Discussion about machines learning cannot predict the markets because it’s random, pure math can help but NOT guarantee

Discussion about machines learning cannot predict the markets because it’s random, pure math can help but NOT guarantee – See more at: https://quantlabs.net/blog/2014/06/discussion-about-machines-learning-cannot-predict-the-markets-because-its-100-random-pure-math-can-help-but-not-guarantee/#sthash.lnK5TAPe.dpuf

After discussing with REAL PROFITABLE LONG TERM TRADERS, they don’t use machine learning and genetic programming. Here is one discussion:

Discussion about machines learning cannot predict the markets because it’s 100% random, pure math can help but NOT guarantee – See more at: https://quantlabs.net/blog/2014/06/discussion-about-machines-learning-cannot-predict-the-markets-because-its-100-random-pure-math-can-help-but-not-guarantee/#sthash.lnK5TAPe.dpuf

” no one knows, many fail. i only follow one person but just that simple video will make you rethink on all machine learning mumbo jumbo”

Listen, I purposely posted a video about the gamblers fallacy which a machine cannot really adjust for since the markets are 100%. I could be wrong but you know, I DO THINKTHERE ARE MORE IMPORTANT WAYS TO FORECAST THE MARKETS. I call it pure math and that is what I am learning through Khan Academy.

Also, check out the Elite Trader link in this link as well:

Do neural networks and genetic programming really work to forecase the markets? | Quant Academy Trading Ideas | – See more at: http://quantlabs.net/academy/forum/quant-academy-forum/do-neural-networks-and-genetic-programming-really-work-to-forecase-the-markets/#sthash.XrW3ryLd.dpuf

Just my thought, but I am not going to really dwell all this machine learning. I got higher priority areas I am interested in!

–> GET THE BENEFITS OF KHAN ACADEMY NOW FOR BETTER TRADING  <–

Bryan

HOW DO YOU START A PROFITABLE TRADING BUSINESS? Read more NOW >>>

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!