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Post by cicciospice on Jan 23, 2017 6:17:26 GMT -5
Hi all, I'm Francesco, I'm studying book by Volman, I'm talking about his second book, on 5-minutes timeframe, and I'm interested to translate hs ideas, his methods, in mql to try to code an EA, able to trade following price action and setups described in Voman's book.
I would involve someone interested, also to hav some suggestion to correctly code proce action aspect, and patterns, in order to have a good approach, as volman has, in hs book.
So far I have no confidence with his method, I need to find some picturse of his session, In any case thank you for this enormous amount of information on this subject.
I have past esperience with etoro, and I understud that copy trading and forex signals are the best way to lose money.
I have a clear idea that also EA can be dangerous, this is reason why I would code an EA by myself, in order to be sure how "translate" in mql what I see in voman's book.
Francesco
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Post by traderAllen on Jan 23, 2017 10:05:59 GMT -5
Understand Just a little about coding, I am not sure how you would code Two things that area important in making his method work. 1, unfavorable conditions, trades are not taking during this time. (most aspiring traders fail here. 2. Pressure on the moment of possible trade entry, The other big reason most cant scalp.
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Post by cicciospice on Jan 23, 2017 17:34:39 GMT -5
Understand Just a little about coding, I am not sure how you would code Two things that area important in making his method work. 1, unfavorable conditions, trades are not taking during this time. (most aspiring traders fail here. 2. Pressure on the moment of possible trade entry, The other big reason most cant scalp. Hi, thank you for your reply, my target is to have primary a deep understanding of price action setups that volman describes in his book, then find a formal description in order to have those properly coded. I didn't think on an EA that works in automatic way, but a sort of indicators that show me recognized setup and an indication for long or short position. EA will wait in any cases my input in order to place bracket orders with tp, and sl with 20/10 pips. I'll know, looking at an economical calendar if trading is feasible or not. I'll use chart in his chapter in order to backtest my EA and try to fix it. So far my only target is deeply understand his methodology identifying setups and using only trend line and 25EMA. I'd like to involve other people and also you to find a formal definition of setups according to volman description. Francesco
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