95036Volatily changes and has an impact on automated egies.Originally Posted by ;
95036Volatily changes and has an impact on automated egies.Originally Posted by ;
95036Really ? Is that so ? Let's see....Originally Posted by ;
Here are the yearly ranges for your GBP/USD for the last ten years:
1997: 1474 pips
1998: 1265 pips
1999: 1315 pips
2000: 2623 pips
2001: 1417 pips
2002: 2090 pips
2003: 2484 pips
2004: 2068 pips
2005: 2277 pips
2006: 2644 pips
From 1997 to 2001 (five years) the average yearly range was 1618 pips although from 2002 to 2006 (five years) it had been 2312 pips or nearly 43% MORE volatility, and thus do you watch ANY reduction in volatility , because I'm sure as hell do not!!
95036Absolutely. My point entirely. And that's why a EA which written or is updated for a market type can be profitable. But right now. .in a market where the price moves inside a support-resistance tunnel, it can be feasible for the trader to profit by overpowering one major losing trade with various tiny ones. The new math says that by investing in a range, 90 percent of those trades can be winners offsetting losing trades, which a 200-pip reduction can be offset by an assortment of 30-pip wins, taken by reaping tops and bottoms as the price drops inside its price tunnel.Originally Posted by ;
It's great for an EA. Especially for one that has imperceptible SL and TP in a ranging market like now. It ain't trending. That's changed IMO. And volatility has. But call it what you like FXTerminator. As you can see there is a 100 pips open profit on Bag TV now.
95036I have had limited experience with automated systems so much I've mixed results. I am reluctant to use a single under volatile market conditions, however it seems to work nicely during range bound markets.
95036On your sample you're right. Sir, I'm worried about where the market goes tomorrow. Take a look at this year and tell me it hasn't changed.Originally Posted by ;
I wrote The forex market has experienced a profound shift. In previous years, a trade imbalance or an interest rate change could move a currency price countless pips. Because of this, success in the forex market followed a traditional formula: Cut your losses short, but let your profits run.
When was the last time you noticed that sort of move? Fundamental announcements on unemployment amounts, interest rate varies, CPI figures, inflation, GDP, etc use to cause huge swings on the market. Not so much now.
Why? And even into the new century, the distinctive characteristic of the FX market has been its volatility--a volatility which has been a manifestation of major imbalances between domestic economies.
When a country over-spent or over-borrowed, or whenever its external trade went wildly out of balance, its own interest rates were forced up and its own economic expansion slowed down. In the forex market, the country's currency also paid the price--usually by sudden and sometimes extreme devaluation. In a nutshell, economic imbalance generated currency volatility.
Growing globalisation has changed all that. In the present world of tightening economic interdependency, it is in every country's interest to maintain economic and financial stability--even if it prices. And trade surplus nations (specifically China) now effectively underwrite trade deficit nations (specifically the US) in the name of stability and an orderly market. Interest rate differences are compacted. As yet another, currency volatility is minimised. It is only an opinion FXT. Make of it what you may and good of you to pull me up. Nice to see you. And let us see what happens. I have got my home on it.
95036I just showed that volatility hasn't been improved in the forex market, it's INCREASED during the last five years.Originally Posted by ;
If your EA continues to be making less cash during the past couple of years, then there is something wrong with your EA, it isn't strong enough, period, the market itself is fine.
95036Not in my circumstance.Originally Posted by ;
And the EA is new - but it is profitable over the last 6 weeks.
Nothing wrong with this, it's about time the news traders started studying how to trade regular market conditions. But according to what you are saying those use to be normal market conditions.Originally Posted by ;
Votes continue to be split quite evenly... very odd indeed.