Information

Username: srm_bcn
Member since: 01 Sep 2019
Last login: 30 Aug 2023
Status: Active

Activity

Where Created Comments
Algorithms 33 11
Forum Topics 1 0
Jobs 0 0

Last Algorithm Comments

srm_bcn's avatar
srm_bcn · 3 years ago

This book is old but has very interesting ideas. For example: "The supreme art consists of winning the adversary without fighting."
I relate it to do long-term analysis and to have two accounts, in each currency of your favorite pair, you can earn simply by changing account funds, without a single trade!
Every idea in the book can be related to trading and mony management.

I can't go on any longer because that's what trading schools are for, sorry.

srm_bcn's avatar
srm_bcn · 3 years ago

Hi. Do not repaint.
The market always tries to make new highs and if it does not succeed it tries to make new lows and vice versa.
This indicator tries to represent in a single time frame the support and resistance lines that are in higher time frames.
The visual result does not satisfy me at all, it works better with the market active since with the market stopped, the highs and lows are already known and the indicator anticipates, which does not happen with the market active.
The idea is to find support and resistance levels.
Thanks for your kind question and good luck.

srm_bcn's avatar
srm_bcn · 3 years ago

In my spare time I read Sun Tzu's Art of War.
Wait for the opponent up high and fight back when he arrives tired while you are rested waiting.

srm_bcn's avatar
srm_bcn · 3 years ago

In short, in my operations I try to enter the correction of excesses, both up and down. The probability of success increases with ranging markets and decreases with trending markets.
If you look, you can see with my MeanReversionOverlay indicator, for example, that after a long period of trend, markets tend to range.
I hope I have helped you although it involves many hours of observation and small tests with microlots.

srm_bcn's avatar
srm_bcn · 3 years ago

Hello, this indicator is based on the fact that the weighted average of the close maximums and also the close minimums can be split in two bands of highs and lows, with the same period in the example.
I think this indicator can be used to take a look of the trend and to find swing points.
I always look for possible swing points or support and resistance levels, with my indicators, following a mean reversion logic.
I always look for small profits, a few cents, but high frequency too. I don't like to follow trends.
They say that the trend is your friend but I am divorced xD Just kidding.
This indicator is another step in my search for the perfect indicator if it exists. I hope it helps to analyze the market and find entry and exit points.

No indicator can cancel the risk. Thanks for your question. Have luck.

srm_bcn's avatar
srm_bcn · 3 years ago

Her insterest consist .. Sorry for translation xD

srm_bcn's avatar
srm_bcn · 3 years ago

Hello, do not repaint. As for lag, all moving averages are lagged, but in this indicator, the averages accelerate by overweighting the nearest lows and highs through an iterative process.
It is a weighted average, therefore, it is faster than the simple average but has the particularity of going through the minimums and the maximums of the closing price. Her interest lies not only in identifying the trend but also in looking for possible turning points around a close.
Thanks for your question. Good luck.