Patch, I am a "Very Bad Man" (tm)

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Patch
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Postby Patch » Thu Mar 11, 2010 2:19 pm

bredin

what is this "might be bed time too" when there is work to be done?
"so what the hell is happening?"

You are not bad, you are Really Bad !!!

So what color do you think it all boils down to I should start off being?

Patch
the albino Ratch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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bredin
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Postby bredin » Thu Mar 11, 2010 8:29 pm

Well, in honor of the inbuilt iMA function somehow repainting a simple moving average, I think you should be a RED rat this being the color of my face :)

it was bedtime since it was about 2am when I posted that, and my boys get up at about 7ish to begin the noiseworks :)

G.
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Postby tmanbone » Thu Mar 11, 2010 8:36 pm

Patch, have you ever thought about picking two inverse correlated pairs and trading only those two in one direction? Just a thought, but might be worth some consideration.
"The simplicity of the markets is it's greatest disguise"

T

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bredin
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Postby bredin » Fri Mar 12, 2010 2:47 am

Patch wrote:bredin
You are not bad, you are Really Bad !!!


In the words of the great songwriter Lemmy Kilmeister:
"Im so bad, baby I dont care"

G.
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Postby noushina » Fri Mar 12, 2010 4:04 pm

tmanbone wrote:Patch, have you ever thought about picking two inverse correlated pairs and trading only those two in one direction? Just a thought, but might be worth some consideration.

It would be neat to have an indicator that would invert the chart. So if you wanted to be a green rat (my preference) and was looking at a descending EUR/JPY, it would draw you a JPY/EUR going up.

I bet a clever programmer could do that

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Postby noushina » Fri Mar 12, 2010 5:07 pm

Hey Bredin, just a thought in re the repaint issue. Sort of alternative theory actually, that you might be able to test easier than me:

Rather than first tick, what if the first minute of say an hour or 4 hour bar is one color, what is the percentage of times that the hour or 4 hour bar that follows is the same color? If that is too close to 50% then what about: If an hour candle is green, and minute of next hour is green, what is the percentage of times that this second hourly will now be green?

Same idea as the first tick notion, but instead looks at first minute. Just a thought.

EDIT:
Here is another statistical thing I have been wondering how to measure in re The Rat and DTB type reversals: What percentage of long bars that go outside of a 21EMA BB (perhaps with an advance of 2 or 3 horiz bars) result in at least 10 pips reversal. I'm thinking huge from just eyeballing. Whereas rats are often part of a trend and so they don't reverse, but when they blow past the BB they do almost always. (I have a 21 EMA BB adv by 3 horiz on my charts).

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Postby bredin » Fri Mar 12, 2010 8:34 pm

noushina

I have dropped this project after seeing for myself that a MA using the OPEN prices (which never change) repaints, thus anything using MA must suffer the same problem.....

I am returning to my work with a supply/demand indi that I wrote. using it I hit a trade on EJ eariler this week in at 123.101hit tp at 124.352, some 30 hours later... +13.5% with no scaling in yet :)

G.
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Postby newschool » Fri Mar 12, 2010 9:16 pm

With any indicators you should always check the value/trigger on the past candle... never on the current.

With MAs its not really problem, only if you use a very small period wich I dont advocate.

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bredin
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Postby bredin » Fri Mar 12, 2010 9:42 pm

newschool,
that is usually because the data on the current candle changes tick by tick.
That is why I used the OPEN prices, because they dont change in the current candle, and that the OPEN of current candle is not always the same as CLOSE of the previous candle.

When I created my own MA function based on OPEN price, the indi did not repaint, but when I used iMA it does repaint.

I believe there is a serious coding error in the iMA function itself.

G.

edit: btw the accuracy of the indi is now almost exactly 50% :oops:
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