Tag Archives: whipsaw

Is Aroon oscillator useful for tracking a whipsaw in trading

 

I use MotiveWave to see if this indicators is useful for whipsaws. I also confirm if I can use it within TA-Lib. I also introduce how the Hurst Component can be useful to see if a calculated time series is trending or mean reverting. Personally, this stuff matters!

 

If this turns out to be useful, all charts generated will be part of my Analytics service

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Helpful links below

Metatrader MQ4 for whipsaw trading in forex

https://www.motivewave.com/studies/aroon_oscillator.htm

https://www.mql5.com/en/code/8328

https://mrjbq7.github.io/ta-lib/func_groups/momentum_indicators.html

https://www.quantstart.com/articles/Basics-of-Statistical-Mean-Reversion-Testing

 

 

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!

New watchlist to safeguard against fast moving whipsaw for crypto forex and CFD

This is an important step to improve my watchlist logic to safeguard against fast moving whipsaws. When you open any random position, it can usually happen where it moves negative for whatever reason. I have struggled with this for many months. As a result, I now log the whipsaws in my fast moving instruments in each asset class I watch. This include forex, crypto, and CFD.

Cross reference

I like to use any potential instrument to cross reference against this list of whipsaws. I also track these whipsaws for about 6-8 hours. It seems this 6-8 parameter may need to be self adjusted depending on current market conditions. You would definitely want 8 hours in a negative moving market.

If any potential instrument is not on this whipsaw list, it would then be added to the watchlist. This is all shown in this short video.

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!

Metatrader MQ4 for whipsaw trading in forex

Metatrader MQ4 for whipsaw trading in forex

I am looking at the following for potential use cases in my own algorithms in Matlab

other MQ4 scripts

Whipsaw MQ4
http://forum.mql4.com/32741
https://www.mql5.com/en/code/8328 Aroon Oscillator?? <-Most promising?
http://www.forex-tsd.com/metatrader-4/7600-all-whipsaw-indicators-3.html
http://forum.mql4.com/23137
https://www.mql5.com/en/code/8714 VHF -> most mentioned

Best: https://thestudentloanranger.wordpress.com/2011/03/14/containing-whipsaw-trades-in-an-automated-trading-system/

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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!