Fwd: [MT_E and I] Moderators: You rang?

I’m proud of being his friend and knowing him personally.

Rgrds,
Darma

———- Forwarded message ———-
From: umanmojo
Date: Jun 18, 2007 12:13 PM
Subject: [MT_E and I] Moderators: You rang?
To: MetaTrader_Experts_and_Indicators@yahoogroups.com

Folks, it’s been a long while since moderators said anything.
Honestly, we don’t like to but since there have been several hails for moderators lately, here goes:

If we remember correctly, the RSI pullback technique was originally pointed out by blackprinzze and welcomed by David Honeywell’s indicator code (transport_david) then soon gets adopted by others as Expert Advisors. Apparently, after certain phase of code development, the source codes to later enhancements is not divulged though the final compiled file is shared freely for trading. We dont think this categorizes as a phishing-like exploit, as we all know what the basic concept is and everyone is welcome to develop their own versions of the same concept. A grey area, but it’s more or less still workable.

The no .ex4 policy was originally made on the ground that people are using the sample file for either commercial/phishing exploit or senseless bragging – both keeping others out of participation to gain profit along with the author. If you do not want other people to use it and profit with no strings attached, SHUT UP & KEEP IT TO YOURSELF. The group is made for sharing after all. Please keep praises, comments, reminders, and critics to be constructive and leading for an objective conclusion, if solution is harder to find.

If anybody wants to do better, then have your own tweak/idea, show it, prove it, open the code, and continue supporting it. Ron Thompson has set an excellent example on his BollTrader and we are truly grateful for his selfless efforts.

Honestly we, the moderators, are quite surprised that with all the website forums on trading and metatrader code development out there, the YahooMT group is still breathing and stronger than ever with 8500 members. The group had come a long way from 2004 being the first
international group to focus on Metatrader (version3 days), survived through the troublesome days of early Metatrader 4 technical and broker issues, and still wrestling newer builds today. A free charting/development software that was previously unnoticed has paved the way for normal folks to take a shot at making money in the entrepreneurial & rather rocket-scientist way.

As some of you who have been with us since the beginning, you may know that we never liked to have a ‘moderated’ group. The only thing that’s moderated here with extreme prejudice is SPAMMING. We have strong personalities on board that represent different personal values. With that, you eventually have your occasional dose of name-callings, brawls, flames, pissing contest (which we didnt want sponsor-ridden, eventually cancelled, and coincidentally later MQL4 championship came out), whatever – you name it. All the spices that make a community colorful. But guess what? We are still here and learned to get along better with each other as new day comes.

By design, this mailing list/group is NOT a threaded forum and will never be. Strangely it still survived as is. Why? Because everybody likes to have his/her nose pointed at one direction, at one time or another. What you typed, attached, and sent to the group will be
served on the front page of things. The disadvantage? Try 100’s of mails/messages a day. Work with or around it. There are more than one way to organize the group’s mails.

Great ideas have been put forward here and worked out, if not come and go. Elder’s TSD (yes remember that one with the multi-timeframe backtest tweak on MT3?), FFCal, BollTrader, now RSI_R2 come superRSI, to name a few. A lot of EAs/indicators/methods have had their
15minutes of fame. We’re expecting more of those with better community attitude and support, but on minimal moderation. We’re all grown ups – or at least we thought we should be.

So,

To newbies and topic jumpers:
READ FIRST, ASK LATER. It’s all there. In case you subscribed on digest format or without attachment since you thought you were getting too many messages, don’t complain if you are missing the goodies. You got what you asked for, so avoid whining and if you do have to whine, be polite. Also, don’t complain if people wont answer right away, because they did, a few posts back. (Yes, we know you didn’t look thoroughly). Remember, even nice people can get pissed off. Thanks again to Ron’s generosity you can pickup what you’re missing at http://www.ForexMT4.com/

We won’t judge or stone you for joining only since you just heard of profitable EA’s here. There is no elite/non-elite stuff going on here. Only people who wouldn’t read the archives (and the link in the group joining/welcome mail message!!!) and people who would.

To the regulars:
APPLY RESPECT. It has been great so far and we think the group can be better. Thank you for making this little place great with your contributions.

More power & pips to all!

Mods (Bill, Mojo, Smoky, Perky)

Final tip:
Subscribe to this group in full with attachment and the whole shebangs through GMail. You can store up to 2-3 years worth of group messages complete with file attachments. Then use the GMail rules to forward them to your daily POP3 mailbox or organize them by labels. If you want to look for something later, look at your GMail archive. Yahoo mails are getting unlimited capacity, but we are not sure about organizational feature. Can somebody confirm?

For archives of Experts and Indicators from the MetaTrader Experts and Indicators Group
See http://www.forexmt4.com/ or http://www.lightpatch.com/forex

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Archive of metatrader forum discussion

Link: http://www.ForexMT4.com/

this is where all the goodies are stored.
thanks to Ron who provide the site.

Alasan fundamental

Apa sih penyebab turunnya volatilitas di market semenjak november 2006 ?
Masih inget dengan temen gue yg namanya Asrul kan ? Yup, asrul, yg gue tulis di blog post sebelumnya yg berjudul a funny friend of mine. Seperti yg gue pernah sebut sebelumnya, dia itu market master. Perilaku market udah mendarah daging bagi dia dah, ha ha ha. Pokoknya doi tuh oke banget deh.
Berikut ini diskusi gue dengan dia soal faktor fundamental yg menyebabkan menurunnya volatilitas market :

darmasdt: ini ada penurunan volatilitas di semua pairs
darmasdt: gue udah kasih filter, tapi jadinya jumlah transaksi berkurang
darmasdt: semenjak oktober november 2006
darmasdt: ada apa ya secara fundamental ?
darmasdt: kok volatilitas menurun
darmasdt: panjang bar memendek, gitu lho
darmasdt: yg tadinya dalam 1 bar 15 menit itu panjangnya 15-20 pips, sekarang ini hanya 7-8 pips
darmasdt: kenapa gitu ya as
darmasdt: ?
asrul_daf: thn 2004 kan US kena double deficit
asrul_daf: policy naikin rate sampe 14 kali…disatu sisi bagus
asrul_daf: tapi sisi satunya malah inflasinya bengkak
darmasdt: ini kelihatan perubahan signifikan, menurunnya volatilitas itu sejak november 2006
asrul_daf: 2004-05, volatiliti bagus, karena US lg jelek,,,plus minyak juga naik
darmasdt: ic
darmasdt: trus
darmasdt: akhir 2006 apa yg terjadi ?
darmasdt: ekonomi dunia stabil ?
asrul_daf: 2006 setelah greenspan turun, diharapkan tdk ada lg kenaikan rate US.
darmasdt: ic
asrul_daf: kenyataanya mau potong rate juga bernanke msh belum yakin, karena takut inflasi malah naik trs
asrul_daf: trs ekonomi duni lagi mengarah ke asia, terutama Cina
darmasdt: oke
darmasdt: thanks as
darmasdt: siip banget lu
darmasdt:
darmasdt: top abisss
asrul_daf: namanya juga gosip news
asrul_daf: gw pikir udh jln live nya dar
darmasdt: belum as
asrul_daf: kyk yg lu bilang…STS emang bgs kalo pasar US yg leading ya, kmrn pagi Asia udh gerak , byk kena SL ya STS dar.
darmasdt: filter volatility nya barus selesai tadi subuh, gue gak berani live pakai yg cuek kayak kemarin gitu, terlalu pasrah ke market
darmasdt: iya. itu dulunya belum sempurna, terlalu mengandalkan siklus itu
asrul_daf: kalo ada market yg libur, mending systemnya ga dijalanin dulu kali ya dar
darmasdt: setelah kejadian drawdown seminggu kemarin, gue baru inget, ternyata memang ada handle yg belum gue kerjain. baru selesai tadi subuh
asrul_daf: kmrn kan pasca libur pasar Eropa, paskah

Emoticon nggak tampil di copy-paste ini jadi kesannya kaku gitu. Padahal banyak icon2 ketawa, nyengir dan sebagainya, diskusi yg santai tapi oke banget deh dengan master asrul.

Class dismissed :)

It has been since January, a basic-to-advance training session, delivered for the TGF’s people.
I hope they will be more than ready for the next step, running some of our mechanical trading systems.

(*)

Nice people

Sometimes God gives us the experience of meeting good people.

Myth in FX

This is my post to the Indotraders mailing list.

Utk temen2, liat deh itu video presentasi yg diposting Eugene, menurut gue bagus. BANGET.
Yang bicara di situ ada 3 orang trader:
Pembicara utamanya: 10 years trade fx + er2
2 lainnya:
15 years trade emini, fx daytrading, stock
10 years trade fx, er2

Coba liatin teknik trading mereka dan persepsi mereka terhadap market FX.

Beberapa hal yg menarik antara lain:

Beberapa mitos ttg FX:

1. Mitos bhw anda trading di interbank market. Kenyataan anda trading dalam suatu house, shg mrk tidak pernah pakai tight SL. Hanya cat-SL, sdangkan exitnya pakai mental-SL. (tolong koreksi kalo gue salah soal yg ini)
2. Mitos bahwa FX = low cost. Kenyataan: biaya spread yg 2-3pips itu sangat tinggi. Bandingkan dengan trading futures atau stock, comission di bawah 1 pips per r/t. Apalagi dibanding ER2 yg volatilitasnya bisa 20 tick sehari.
3. Mitos soal Leverage yg dijadikan daya tarik. Kenyataan: ini adalah senjata paling ampuh bagi house utk marketing, sekaligus menjadi penyebab utama kehancuran rekening customer (para trader pemula)
4. Mitos bhwa di FX anda bisa trading selama 24 Hour. Kenyataan: para professional trader seperti para pembicara di video trsebut hanya trading di jam-jam tertentu saja. Mrk lihat calendar utk lihat kapan ada action di market. Bahkan menurut mereka: trader yg mencoba trading intraday dan mentradingkan semua signal buy/sell dari sistem nya, pasti trader2 itu rekeningnya masih losing. itu menurut pengamatan mereka melihat trader2 lainnya. Ini menarik sekali.
5. Mitos soal fasilitas Free software, free data utk FX. Kenyataannya: free sfotware dan data itu gak baik. Ini menurut mereka. Mrk pakai tradestation. Mungkin bener juga kata mereka, tapi mungkin juga salah ya. I don;t know. Coba temen2 ada yg bisa kasi tanggapan ?
6. Mitos soal indikator2: sell di overbought, buy di oversold. Buy/sell di corssover dll. Kenyataannya: teknik trading seperti itu sengaja disebarkan oleh pihak2 yg berkepentingan. Wah wah.
7. Mitos bhwa cukup demo 1-2 bulan, lalu go Live. Kenyataan: menurut mereka: “don’t expect to go live within 6 months, 1 year or even 18 months”.
8. Mitos bhwa FX & Futures lebih rumit drpada stock. Kenyataan: menurut mrk: stock lebih repot.

Hal menarik lain: Soal teknik trading.

Mereka pakai satu setting (mrk pakai 1 indikator) di 3 timeframe.
Mereka jelas2 bilang penggunaan banyak indikator di satu timeframe itu salah satu ciri2 trader yg masih merugi. Mereka justru lakukan yg sebaliknya sebaliknya: mrk pakai satu indikator atau tanpa indikator, di multiple timeframe. Utk intraday mrk pakai chart 15 min, 10min, 3 min. Utk posisi swing yg lebih panjang mrk pakai tf yg lebih panjang, tp tetap multiple timeframe.

Yah begitu lah point2 yg gue dapat tangkap dari video tersebut. Mungkin gue ada salah tangkap atau ada yg terlewat. Utk lebih jelasnya, silakan liat ndiri deh yak..
Ini gue posting lagi link nya, siapa tau ada yg kelewat postingnya Eugene:

http://www.netpicks.com/UTM/MythBustingE1.html

http://www.netpicks.com/UTM/MythBustingE2.htm

Thanks to Eugene for the link.

Rgrds,
Darma

p.s.
Video di link itu bisa disave gak sih ? Ada yg bisa bantu ?