
I have had the thought for a long time whether to burden you with such a topic, but we are gradually maturing and improving our knowledge, so we can give it a try.
One of the issues this week was that volume candles are displayed differently at different brokers. Even at the same time. Of course, when you have a broker with different candle display times, it’s obvious. This was also a theme with the oscillator. In someone’s case it was already crossed down/up and in someone’s case it just missed the crossing, so it was evaluated by one sell and the other buy. I mentioned this very peripherally at a lecture in Bojnice when I was explaining volume itself and related – how volume candles came to be. Why do “market pros” prefer the Future market and not the forex markets. Simply future market is regulated, and they know exactly volume and other values unlike plotting volume indicator on forex markets, better said plotting any indicator on forex markets.
And that’s the point. We trade in the forex markets/CFD/ and not in the FUTURE markets. We are in unregulated and uncontrollable markets. Masturbating about the details of the values available to us is unnecessary to me. You can find plenty of articles on Google and nicely compare the two markets , and how it actually all works. I know most probably have no idea what it’s all about, but you don’t need to know that either.
I could have made a snippet of the essentials, but again, I don’t need to overdo it with my initiative. Haha. Ujo Google will help whoever is interested to learn a bit more about it. It’s mostly about understanding how FX actually works. What values are available to us. How it’s all contrived, and that we just don’t stand a chance. I personally have known this for a very long time, and as soon as I found this out, I redirected my attention to making money and not searching for the perfect indicator, or simply the holy grail. But you’ve heard this from my lips and read it in articles on FTs blog a million times.
What matters is the result, and only second is how you achieve it.
Any way you can make money in the FX markets is great and enjoy it.
So, in the past, when someone has asked me about the formula of an indicator, or various other silly things, the explanation in these articles is that any indicator is just for us to improve the likelihood of an estimate. We are only left to work with probability. We increase the probability that we are in the right direction. Dealing with the correctness of plotting an indicator with incorrect /false/ data in an unregulated market is pure masturbation and a waste of time. It’s a vast topic that could be “mashed up” into a novel. For example, there are a lot of people who don’t recognize indicators that get redrawn, but we trade the current state and not history. Just changing the parameters /values/ of an indicator will show you the huge differences in the plotting. Universal indicator parameters on 28 currency pairs is also unrealistic, since the volatility of currency pairs is different. Any indicator /help/ gives someone a huge advantage and will bring someone a doom /make money/. We need to know how to use it.
The market will never go according to the indicator because the market /price/ has to go first and then the indicator can be plotted. We at FTs know all this, and our biggest advantage is that we do. We know that price moves in certain cycles /waves/ and therefore we need to compare TFs from MN to 4H, and combine currencies based on the same TF comparison of the currencies /indices/ themselves.
That’s why we chose MM, portfolio and patience as the pillars of our strategy.
We don’t care where the price goes, sooner or later it will come to where we expect it to.
This is our advantage.