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Thanks for the answers so far Btw guys , how many trades does it take to forward test a strategy? i mean how long does it take to know your true winrate without variance affecting it.

this is what i call *too simple to understand* Ok lets see if i get it right , basically you are saying dont bet on a nontrend market? i have read that indicators and patterns are much stronger on a trend market but im not sure if thats what you are saying , also i guess you make a long...

Another moto these price action practitioners say is that price action never lie because it doesnt try to predict the future and indicators try to predict the future..... another thing that doesnt make sense for me tbh because by looking at these price bars you are trying to predict what will...

They seem to use a very simple method , they make moves based on S&R , they dont use any tools other than the chart itself but why does this have a different name? why is this called price action trading ? does this imply that other style of trading isnt price action? they could use another...

Everyone in the net treat very highly this price action thing you are talking about like it is the *ultimate secret* for successfull ta trading and then they underate indicators , they seem to use candlesticks , they check charts to identify swings and w/e. anyway im confused now , im pretty...

Is that what they call price action trading? i checked a site about it , it looks good , they seem to use setups who are entirely based on price and also use some S&R , i think i learned some of these but there are more tricks.

When you are saying dynamics you mean moving average and oscillators right? from what i read those monitor the momentum of a price , if thats right then you say that TA without indicators is really bad.

Therefore if i understand correctly what you are saying is that software cannot backtest tl or price pattern analysis since those are discretionary unlike indicators who are always specific , thats ok but if we dont backtest a strategy then dont we lose alot of prestige about it? You also...

Im new at technical analysis and even though i have read alot of stuff about it i still dont understand some things , all i see people using are indicators like moving average and oscillators etc , i have yet to see anyone use a basic trendline analysis or price patterns as the core strategy , i...

When you right click on a chart and go to edit formula , it has a code there , does this code express what happens in the chart? can you for example set your preffered strategy on the chart then edit formula and save the code and that would be your strategy? for ex look at this chart Does...

Scalping is not for me , i just want to place 1 trade and then leave the pc until the next day , my style would probably be a follow trend style which will utilize moving average , oscillators , volume and open interest and IF i finally understand the cycle chapter , it will include those too ...

Amibroker looks really good , i found how to import forex data and coding is organized well.

I dl amibroker , looks promising , it still requires coding , i also dont know how to make it scan forex data only , it has several tricks.

just found what happened , s/l should be at least 80 points below price , i put it too close

same thing happens invalid

Im trying to place a trade with a stop loss a bit below current price and it says invalid stop loss wtf is this? are there specific rules about stop loss?

well at least i start to get an idea about how it is supposed to be done , you first need total data on paper and then mathematical codes to translate your conditions and all your ideas can be translated into algorithms , sounds simple but learning these mathematical codes are not easy at all ...

ok i found a site for historical forex data , now it looks like this i have no idea at all , how to express those conditions into algorithms , this site doesnt have volume or open interest sadly , from the video i saw that only close price is neccesary to type a strategy , anyway how do i...

i think i found something , i dont know the algorrithms though , anyway in order to start i need historical prices for forex , yahoo finance doesnt seem to have them , it got only for stocks ,anyone know a site for forex? From what i see , next to the close price data you type the algorithm to...