[Tams]

Originally Posted by MadMarketScientist »

Tams and his famous sarcasm again!

MMS

not sarcasm,

but really want you to think about the parallels.

[SIUYA]

Originally Posted by Tams »

not sarcasm,

but really want you to think about the parallels.

exactly - often people ask for the ideal thing in one area and if you reverse the tables to a separate idea they would scoff at what you ask.
This can be applied to many other aspects of life involving things such as discrimination, bias, politics and religion. Try it sometime - take an article about race, sex, feminism etc; swap all the words from male to female, black to white - whatever....then read it.....often what you found agreeing with one minute can be offensive the next.
Thanks for the belly laugh Tams.

What this guy needs is a funds manager, and surprise surprise even good fund managers some times get it wrong - Paulson and sino forest comes to mind as a current example.

[Tradewinds]

Originally Posted by renner1984 »

I am also a MQL4 programmer and can program a system

I'm not familiar with MQL4, but if you have programing skills, you can look for what seems to be things that affect the market price, write a program, and then determine if there really is a correlation or not.

Many people don't have any programing skills, so the only way they have of verifying whether their strategy works or not is by actual trading, or just viewing charts. I've studied charts for years, and 99.9999% of the time when I think I see a correlation between an indicator and price, it turns out to be nothing more but a "flip of the coin", no real correlation at all.

So what I'm saying is, it's a long, long process of finding out what really affects price. I know nothing about forex, so I can't help you on that.

Here is an interesting webpage:

Principles of market movements @ Forex Factory

It uses and indicator that depicts the flow of volume as an oscillator. If volume has a lower high, you sell. If volume has a higher low, you buy. How is that for simple? Since you can program, now you need to figure out how to take the data volume and depict it into a lower study that oscillates.