Thread: Simple Mean Reversion

Originally Posted by ;

quote whether the market transferred by 20 pips over the open; or 80 pips, or 100 pips; the probability of the market continued in the same direction; or Placing; stay at 50/50. 100% true. I ran this test last year using 12 months worth of information crossing from 2016 into 2017 across all 9 timeframes (whatever highest MT4 candles can manage in their charting history per interval ) and across several 72 pairs conducting over 85Million calculations via a mql script that ran recursively for more than 5 days. I am able to say that. . .It's not just leadership but also fad...

”Trade Small, Trade Frequently, Cut your Losses Brief, Hold Your wins just a small bit longer (through Law of Averages and huge Numbers) is the only'edge' I really could quantify out of the market.”

Perfect advice.

I would also add Trade What You See, Not What You Think.

Originally Posted by ;

quote whether the market transferred by 20 pips above the open; or 80 pips, or 100 pips; the probability of the market continuing in exactly the exact same direction; or reversing; remain at 50/50. 100% true. I ran this test annually with 12 weeks worth of data spanning from 2016 into 2017 across all 9 timeframes (whatever highest MT4 candles can manage in their charting history per timeframe) and across several 72 pairs conducting over 85Million calculations by means of a mql script that ran recursively for over 5 days. I am able to say this. . .It's not just management but also fad...

the reach of my study was limited to mean reversion of the daily range to the conclusion of the daily candle.

It doesn't mean there is not any advantage elsewhere. Keep searching you are in the ideal direction

Indior quite similar to DRS indior: https://www.mql5.com/en/code/10214
https://www.forexforum.co.za/attachm...5972709890.mq4

This is my first version of the DRS indior which additionally has the chance to show the mentioned atr based projected volatility bands


https://www.forexforum.co.za/attachm...71930245446.0j

My buddy Jagg showed me this thread and I can't resist. If it's helpful I will remain and attempt to enhance it with your all help.

You need to choice to toggle all at will. Change colors and opacity to fit your requirements.





Attachment 2828209

I will follow this today, so don't hesitate to ask improvements.

Upgraded version with better performance whilst painting all the stuff (sorry for that).
https://www.forexforum.co.za/attachm...1792971564.ex4

Originally Posted by ;

This is my first version of the DRS indior which also has the chance to show the mentioned atr predied projected volatility bands image image file

Nice.

Originally Posted by ;

My friend Jagg showed me that this thread and I can't resist. When it's helpful I will stay and attempt to improve it with your help. You have to choice to toggle all at will. Change colors and opacity to fit your requirements. image image image 2828209 I will adhere to this today, so feel free to request improvements. Updated version with better functionality while painting all the stuff (sorry for that). file

Nice.
Which type of drawing egy you use? Initially I wanted to use DRAW_FILLING but sadly for some reason I cant make it work in MQL4. (It only works with mql5).

Originally Posted by ;

quote Nice. quote Nice. Which kind of drawing egy you use? Initially I wanted to utilize DRAW_FILLING but unfortunately for some reason I cant make it work at MQL4. (It only works with mql5).

Thx.

I builded my own graphical library for MT4, therefore I'm indepent in the MT4 developer team (it is complete rubbish to include features in the language but not to use them entirely ).

Great thread.

That I have a couple questions that I was hoping OP could help answer:

1) Are there any other ways to determine the start/end of a cycle apart from the hours? (Or would 00hrs-23hrs the universal cycle? ) )
2) Are some cycles longer/shorter in some specific pairs when compared with other people? How would you decide this? Sessions, maybe? Sessions maybe?
3) What are your normal drawdown proportions like?

Originally Posted by ;

picture

Hi can you discuss your indior that are in your post?