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Sure but this is a classic logical fallacy. Random generated patterns are not market related so you cannot conclude that markets are random. I have studied patterns for years and I can assure you they exist but they are like light bulbs in that they have a mean life. I think anyone who...

HI, Will tradersstudio read easylanguage? I am using price action lab and thsi is the closest it gets for code generation. Edit: here is an example at the botton of the page of EL code.

True with most methods and signal services. How much is it by the way? I paid $1,495 for price action lab for all features. I can control R:R and select target win rate, profit factor and such. Plus the system code is fully disclosed. Ony the p-indicator is not disclosed but I don't care as...

If by "at best" you mean "on average" then this is true. There are losers, winners and break-even-ers. I mean the distribution has zero mean. Why is this something you have to ask a question about?

Some panicked Asian probably who was short woke up and covered his position at market.

Should probably stay away from anyone who has insider knowledge of what he is offering you and you are following it, as a general principle.

Good work! Is this the system found by Price Action Lab?

Thanks for the link. Interesting analysis.

+1

Thanks

True

I'm really skeptical about this product after trying to implement a very simple system like this: Buy on the close of today Exit on the next open Amibroker seems not to be able to do this properly. I have tried everything. It either exits on the open of the same bar, something that is...

Tick data have no OHLC and maybe this is the problem.

I listened to his presentation in one of the Tradestation conferences in NYC 11 years ago. He has been around for long. I have his books. He used to write articles for Active Trade. I haven't seen any more from him for some time. I find his blog analysis very helpful.

I would like to monitor all activity in my own PC while I am away for security purposes. Any good free keylogger that will email me periodically with all activity? Thanks

Not an issue of believing it or not. I have seen it. Tons of money they make. I know guys "printing money" with their trading. They have the right tools. Can you build a machine with no tools? Can you build a house with no tools? People just don't want to spend or don't have the money to spend...

Does anyone know if trading platforms pay royalties for providing indicators like Wilder's RSI, Bollinger Bands, etc. to their developers?

How many pits are left operating? I know crude is one. Any link to which commodities their and open outcry session hours? I am thinking of not trading any longer in markets where HFT robots operate like stocks, ES and such. I am moving to commodities traded in pits. Any thoughts?

Thanks for the info bone.

Overkill methods. Just use backtesting in optimization mode with the 4 variables incremented.