93.33% Accuracy and Better is Achievable with this Forex Strategy.
- Thread starter IAlwaysWin
- Start date
Congrats.
Here’s a couple of questions about how you are using pine script.
1) Are you tracking clusters of bars? If so how are you getting around the lack of an array function?
2) Have you found a workaround in placing variables in the plot char function? Or are each of the chars plotted above/below price bars it’s own function?
3) How many lines of code is in your script?
4) Does it experience latency or freeze when volatility rises?
5) Do you do any sort of looping within your script?
6) Have you found any technical or developer resources outside of the pinescript wiki that gets into pine script in a more through form of documentation?
7) Do you know if the carting library can be used with one’s own data?
Good luck on your endeavors and may you experience continued success.
Folks are pretty salty around here. There’s a fair amount of disbelief and skepticism in any approaches that doesn’t match existing self-imposed beliefs of what’s possible.
It isn't regulated.
What about my latest statement is wrong?
If I go to a bank (broker), and buy $100,000 USD worth of Euros on, say, June 1st, and sell them back for USD on June 30th, the Euro will have either gone up in value against the USD, or down in value against the USD. So I will either make money on the resultant exchange back to USD, or lose money on the resultant exchange back to USD.
This is what I understand a foreign currency exchange rate to mean. By the way, that is called FOREX. It's an acronym, you know.
FOReign EXchange.
If I got that all wrong, then I will just stick to futures (and maybe options if I ever get the guts to learn it), and play with something as intangible as FOREX (FOReign EXchange, which you seem to be couching in mystery as if nobody can possibly understand it's complexity), but in futures!
Because if I go long in the 6E, which is the EUR/USD future, and it goes up when I am long, I win when I sell while in profit!
If it goes down, I lose when I sell at a loss. :-(CME for teh win! I guess futures are just easier to understand than the complicated world you live in, which is FOREX. (FOReign EXchange).
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It's regulated by the CTFC but you know this because you know everything about trading that you feel you should come and comment on a thread that is out of your league. You know, a person that can't shut up for long enough to learn something are the dumbest people you could ever encounter. The problem with most of you so called traders on ET is you think you know everything and you clearly don't. I don't have to explain what you don't know. It's speaking for itself..
FOREX is regulated by the CME?
Can anyone out there verify this claim? I did not know this. If so, I will eat my hat.
OP said CFTC, not CME.
CFTC does make rules for Forex firms, but I do not believe it is as highly regulated as for futures firms...
https://www.cftc.gov/ConsumerProtection/FraudAwarenessPrevention/ForeignCurrencyTrading/index.htm
With all respects, this isn't a question of what you believe.
The OP was talking about FOREX, not futures. And yes, the CFTC, the CME, whatever. FOREX is not regulated at the bank level. See example above. Or go to an international airport with a currency exchange window. Is there any regulation on that? No.
You simply get what the exchange-rate window will give you based on the spot price that is currently displayed.
Why are you talking? Your mouth should be full of hat
don't talk with your mouth full..Did you even bother to read the release?
"regulations concerning off-exchange retail foreign currency transactions" >> that is Forex, not futures.