forex:ideas

# Forex - Ideas

## Date - Begin and End of Month

The market is generally bullish at the beginning and end of each month. So buy X market days before the end of the month and sells Y market days after the start of the following month.

- Symbol
- Close
- Open
- High
- Low
- Volume

- Highest over last 3 days
- Highest over last 5 days
- Highest over last 10 days
- Highest over last 14 days

- Lowest over last 3 days
- Lowest over last 5 days
- Lowest over last 10 days
- Lowest over last 14 days

- TimeZone
- LocalTime
- GMT

- Year
- Month
- Day
- Day of week
- Day of month
- Day of year
- Hour
- Min
- Sec

- Morning
- Breakout
- Reversal
- Scalping

- Fibonacci Sequence: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55…
- Golden Ration:
- The beauty of these numbers is a certain ratio, called the golden ratio.
- If we take any two successive numbers in the sequence, their ratio (Xn / Xn-1) gets closer to 1.618 which is what we call the golden ratio:
- 3/2 = 1.5
- 13/8 = 1.666
- 55/34 = 1.61764
- 233/144 = 1.161805
- 317811/196418 = 1.161803

Find the rest of the significant ratios useful to us in trading. They are all variations of 1.618 and its reciprocal 0.618. Notice how the reciprocal of 1.618 is simply 0.618. A reciprocal is when you divide 1 by the number. The below table summarizes the rest of the ratios and how we got them:

Ratio | Calculation | |
---|---|---|

2.240 | 1.1618 + 0.618 | |

1.1618 | Fibonacci Golden Ratio | |

1.130 | 1/0.886 | |

0.886 | sqrt(sqrt(0.618)) | |

0.786 | ||

0.618 | Reciprocal of Fibonacci Golden Ratio | |

0.500 | Simply Half of an observation | |

0.382 | (0.618) | 2 |

- Retrades back either 113.0% or 161.8%.

double iclose15 = iClose(NULL, PERIOD_M15, 1); double ima15 = iMA(NULL, PERIOD_M15, 60, 0, MODE_SMMA, PRICE_CLOSE, 1); double iwpr15 = iWPR(NULL, PERIOD_M15, 18, 1); double iatr60 = iATR(NULL, PERIOD_H1, 19, 1); double ima60 = iMA(NULL, PERIOD_H1, 1, 0, MODE_EMA, PRICE_CLOSE, 1); double ima60atr601 = ima60 + iatr60 * 1.4; double ima60atr602 = ima60 - iatr60 * 1.4; double iclose5 = iClose(NULL, PERIOD_M5, 1); double iatr5 = iATR(NULL, PERIOD_M5, 60, 1); double ihigh60 = iHigh(NULL, PERIOD_H1, 1); double ilow60 = iLow(NULL, PERIOD_H1, 1); double ibandsU60 = iBands(NULL, PERIOD_H1, 26, 2, 0, PRICE_CLOSE, MODE_UPPER, 1); double ibandsL60 = iBands(NULL, PERIOD_H1, 26, 2, 0, PRICE_CLOSE, MODE_LOWER, 1);

identify trends, patterns, and signals that help us make informed trading decisions.

calculations for market volatility, trend strength, and the probability of successful trades.

standardizing, normalizing, and removing outliers.

prevent over fitting.

risk management and continuous monitoring.

capital management strategies to control risks and maintain stability in trading.

forex/ideas.txt · Last modified: 2023/06/29 00:55 by peter