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Forex Market Algorithm IPDA part 2 - Programming (2) - Nairaland

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Re: Forex Market Algorithm IPDA part 2 by zemaye: 5:44am On Jun 20
thanks for your insights
the buffet call ICT am still distilling!

I agree I can see Time and price in Forex as he explains

for crypto and stock am still back testing its not clear at all to me yet
I attribute that to early stage learning
I am grateful ICT is my first point of learning trading , I couldnt grasp anything else before now, I just knew something else I can understand easily was out there till I found him.

How do you apply time and price to crypto and stock and shares?
I will continue to learn
IAmHim1:
Hie

Regarding your question, NO

ICT only uploaded the 12 month mentorship videos. He didn't upload the commentaries attached to those videos. And that's the real gold

Even heard some of his charter students of 4yrs plus say his commentaries is his real mentorship lipsrsealed


But that's high level stuffs.
When you understand the basics first and you want to go deeper, then you can move to commentaries...

I'm still understanding the basics myself grin

PS: whatever part of ICT you study, if you ignore the time aspect, you'll just be wasting your time. Trust me. I only focused on price and left Time and I paid for that

It's TIME and PRICE. time FIRST before PRICE
YOUR KILLZONES
AM SESSION
PM SESSION
LUNCH HOUR
ETC

ask questions

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Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 10:12am On Jun 20
Zemaye,

I'm not into stocks. Ive come to understand that the best way to focus on something IS TO FIRST KNOW WHAT TO NOT FOCUS ON

so I try not to be here and there

The algorithm for crypto and indices like NASDAQ and SnP500...even deriv synthetic IS ALL SAME Thing

Regarding TIME aspect, Forex algorithm and crypto Algorithm is not same: the price delivery is same but the time delivery is different


crypto trading hours/nasdaq/deriv synthetic is 9:30 am NY TIME to 4pm

NY= New York


Calibrate your time to New York

Am session= 9:30 am - 12pm

Lunch hour = 12- 1 pm

Pm session = 1:30 - 4 PM

All new York time





PS: How long did you say you have been with ICT again?

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Re: Forex Market Algorithm IPDA part 2 by zemaye: 9:02pm On Jun 20
thank you for your insight

my time is calibrated to newyork on trading view
I have started ICT since june the 3rdof this month spending 4 hours plus 3 - 4 days a week
IAmHim1:
Zemaye,

I'm not into stocks. Ive come to understand that the best way to focus on something IS TO FIRST KNOW WHAT TO NOT FOCUS ON

so I try not to be here and there

The algorithm for crypto and indices like NASDAQ and SnP500...even deriv synthetic IS ALL SAME Thing

Regarding TIME aspect, Forex algorithm and crypto Algorithm is not same: the price delivery is same but the time delivery is different


crypto trading hours/nasdaq/deriv synthetic is 9:30 am NY TIME to 4pm

NY= New York


Calibrate your time to New York

Am session= 9:30 am - 12pm

Lunch hour = 12- 1 pm

Pm session = 1:30 - 4 PM

All new York time





PS: How long did you say you have been with ICT again?

Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 1:28am On Jun 22
Keep it up

Learn to incorporate Time with your price analysis and it'll all make sense to you soon.
Don't worry you'll know what I am talking about
zemaye:
thank you for your insight

my time is calibrated to newyork on trading view
I have started ICT since june the 3rdof this month spending 4 hours plus 3 - 4 days a week

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Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 11:10pm On Jun 22
Zemaye, been wandering, how's your understanding of OPEN HIGH LOW CLOSE of candlesticks?
Re: Forex Market Algorithm IPDA part 2 by zemaye: 4:06pm On Jun 23
I am still forming an understanding of this
I have just been backtesting looking at the open ,high,low and close on a monthly,weekly and daily and can see how old highs and lows are hunted
any insights on this

IAmHim1:
Zemaye, been wandering, how's your understanding of OPEN HIGH LOW CLOSE of candlesticks?
Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 8:59pm On Jun 23
First you have to pay attention to the formation of the candlestick itself


I've told you in previous post of mine --BULLISH AND BEARISH CANDLES DO NOT FORM THE SAME WAY

most traders..even most forex mentors...and I mean 'MOST' think bearish candle is Red and bullish candle is green... grin

They're so so so so so soooo wrong

A bullish candle CAN BE RED...and a bearish candle can be green. I can go to my chart settings and change the candle color to ANY COLOR I PREFER

Google how bullish and bearish candles form. Don't waste Time beating around the bush
zemaye:
I am still forming an understanding of this
I have just been backtesting looking at the open ,high,low and close on a monthly,weekly and daily and can see how old highs and lows are hunted
any insights on this

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Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 9:09pm On Jun 23
As you can see in the picture I posted...I can change my candlestick color TO ANY CANDLE color I want

Zemaye, learn how candlestick form.... bullish and bearish...their formation is DIFFERENT...forget the colors all these yahoos are teaching out there.


For a candle TO CLOSE AS bullish, IT 'OPENS' AND MAKES A 'LOW' FIRST.... before a 'HIGH' and 'CLOSE'

In other words, bullish candles is OLHC= OPEN---LOW---HIGH---CLOSE


Zemaye, study bearish candlestick formation, compared to bullish candlesticks and post your findings here

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Re: Forex Market Algorithm IPDA part 2 by zemaye: 2:56pm On Jun 24
from what I understand here open High close low is a bearish candle
I dont understand what you mean by how does it form?

IAmHim1:
As you can see in the picture I posted...I can change my candlestick color TO ANY CANDLE color I want


Zemaye, learn how candlestick form.... bullish and bearish...their formation is DIFFERENT...forget the colors all these yahoos are teaching out there.


For a candle TO CLOSE AS bullish, IT 'OPENS' AND MAKES A 'LOW' FIRST.... before a 'HIGH' and 'CLOSE'

In other words, bullish candles is OLHC= OPEN---LOW---HIGH---CLOSE


Zemaye, study bearish candlestick formation, compared to bullish candlesticks and post your findings here

Re: Forex Market Algorithm IPDA part 2 by zemaye: 3:33pm On Jun 24
LOW @ midnight open high at 3pm then low close

Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 8:10pm On Jun 24
Nope
Not correct

Try again
zemaye:
from what I understand here open High close low is a bearish candle
I dont understand what you mean by how does it form?

Re: Forex Market Algorithm IPDA part 2 by zemaye: 9:18pm On Jun 24
wow what should I be looking out for?
IAmHim1:
Nope
Not correct

Try again

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Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 1:33am On Jun 25
For bearish candlestick, which formation do you think it is


1) Open -- High-- Low-- Close

Or

2) Open--High-- Close-- Low

zemaye:
wow what should I be looking out for?

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Re: Forex Market Algorithm IPDA part 2 by zemaye: 1:40am On Jun 25
I see what you mean it 1
IAmHim1:
For bearish candlestick, which formation do you think it is


1) Open -- High-- Low-- Close

Or

2) Open--High-- Close-- Low

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Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 5:40am On Jun 25
That's correct

For bearish candlestick,

Price OPENS at midnight new York, makes a HIGH(at a PD Array AND TIME) then sells, makes a LOW(also after reacting off a PD Array IN TIME) and CLOSE


The second picture is the daily cart of Bitcoin as viewed on Metatrader 5 app with Deriv as broker

Now tell me...is the current daily candlestick going to end up bullish or bearish

zemaye:
I see what you mean it 1

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Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 11:03am On Jun 25
PS: high or low of the day MUST not only happen at TIME but also at a PRICE POINT

it's TIME and PRICE Zemaye
Put this into your head!!!

It cost me 4 good years of back and forth in my trading journey. I ignored Time... unbeknownst to me that I was also ignoring price too by doing that...and I paid dearly for my ignorance cry

Understand this:

---TIME is useless if market isn't at a PRICE point(price distribution array --breaker blocks, order block, fair value gaps etc)

---And PRICE(order blocks, fvg, breaker blocks etc) is USELESS if it isn't happening at a specific time(killzones, Macros etc)


they are connected

Check your charts. That's what the financial markets IS ALL ABOUT


X axis of your chart= TIME
Y-axis of your chart= PRICE


Understanding this unlocks that door to understanding shocked grin
zemaye:
LOW @ midnight open high at 3pm then low close

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Re: Forex Market Algorithm IPDA part 2 by zemaye: 8:00am On Jun 26
still wrapping my head around this concept!

am excited for when it will all come together
IAmHim1:
PS: high or low of the day MUST not only happen at TIME but also at a PRICE POINT

it's TIME and PRICE Zemaye
Put this into your head!!!

It cost me 4 good years of back and forth in my trading journey. I ignored Time... unbeknownst to me that I was also ignoring price too by doing that...and I paid dearly for my ignorance cry

Understand this:

---TIME is useless if market isn't at a PRICE point(price distribution array --breaker blocks, order block, fair value gaps etc)

---And PRICE(order blocks, fvg, breaker blocks etc) is USELESS if it isn't happening at a specific time(killzones, Macros etc)


they are connected

Check your charts. That's what the financial markets IS ALL ABOUT


X axis of your chart= TIME
Y-axis of your chart= PRICE


Understanding this unlocks that door to understanding shocked grin

1 Like 1 Share

Re: Forex Market Algorithm IPDA part 2 by zemaye: 2:08pm On Jun 30
It looks to me like it will end bullish
IAmHim1:
That's correct

For bearish candlestick,

Price OPENS at midnight new York, makes a HIGH(at a PD Array AND TIME) then sells, makes a LOW(also after reacting off a PD Array IN TIME) and CLOSE


The second picture is the daily cart of Bitcoin as viewed on Metatrader 5 app with Deriv as broker

Now tell me...is the current daily candlestick going to end up bullish or bearish

Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 9:21pm On Jun 30
What makes you say so

Please explain in details
zemaye:
It looks to me like it will end bullish
Re: Forex Market Algorithm IPDA part 2 by FxExpo(m): 7:01pm On Jul 02
Good day boss I just come across this thread and I hope I'm not late, what you posted here is an eyes opening thank you so much. ICT month 01 content 8 videos is that the correct one?
IAmHim1:

You have not made efforts to find out yourself have you.

See, relating with people is literally soo simple but some of you just mindlessly fvck up the process

instead of
"How many videos make up month 1 ICT mentorship?"

why cant you make it

" I found out ICT Month 1 mentorship is X number of videos. just wanted to confirm with you that i got that right"

with the second script, you have registered seriousness and zeal to learn compared to you wanting to be spoonfed all the time and people who recognoze value would want to really help you


ICT mentorship is for free on youtube. If you were really following this thread, you would have known this fact as i explained the reason he uploaded his mentorship himself on youtube

put an end to your 'conquered amazon princess' mindset. One right step everyday and you will get somewhere with time.








Re: Forex Market Algorithm IPDA part 2 by zemaye: 10:02pm On Jul 02
let me attempt
so the last candle that appear bullish has already shown willingness to close higher as the it is currently trading away higher than its initial last day close and current open
I hope It make sense shocked
IAmHim1:
What makes you say so

Please explain in details

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Re: Forex Market Algorithm IPDA part 2 by zemaye: 10:03pm On Jul 02
let me answer before he comes yes it is the correct one
FxExpo:
Good day boss I just come across this thread and I hope I'm not late, what you posted here is an eyes opening thank you so much. ICT month 01 content 8 videos is that the correct one?

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Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 11:18pm On Jul 02
Yes, It is.

And quite frankly, I know I've dropped something hot but I really don't know the Depth of it...cus you see, I work on people's material and create something out of it...from Pukkalolo to Ubunja to Helpyourself to Pansophist...all Nairalanders to evey nonNairalander in my signature and my followership...

I come online and I see people people with the potential to learn like myself and I feel encouraged.

I know someone out there will read this and have his or her epiphany in these financial markets and make a killing of it whilst also creating something out of my work too

I've dropped a bomb...but I really can't tell its impact now.

And no, you're not late...no one is as far as this thread is concerned


FxExpo:
Good day boss I just come across this thread and I hope I'm not late, what you posted here is an eyes opening thank you so much. ICT month 01 content 8 videos is that the correct one?

1 Like 1 Share

Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 11:26pm On Jul 02
It does make sense


But here's your Achilles:

As a concise trader, what you're expecting from the range of a daily candle IS NOT THE CLOSE ,BUT THE DRAW ON LIQUIDITY OF THAT CANDLE


WHY

because most time a candle might be going bullish and end up closing BEARISH or a candle might be going bullish, hit its draw on liquidity and RETRACE and close with a long wick


That 'RETRACE' means bearish move and that could end up eating your profits you made being bullish


Your concern shouldn't be a candles close whether a bullish candle or a bearish candle....what you should be concerned about is WHERE IS this candle likely to draw to...is it to take out liquidity or to rebalance a fair value gap.

One you get that, That's your bias


Your bias is the draw on liquidity NOT the candle close


Then you start to apply TIME.



New York midnight open, Asia, London, am session,lunch hour, pm session etc

Whenever asia consolidates, London should expand

whenever London consolidates, new York should expand

Large session followed.by consolidation session
That's for forex pairs

For crypto and indices, if London session expands in big ranges, avoid am sessand look to trade lunch or pm.session

I could type in and on....it all depends on the draw on liquidity or if price wants to rebalance an imbalance
Go to your charts and align your time to New York as I've taught in this Post
zemaye:
let me attempt
so the last candle that appear bullish has already shown willingness to close higher as the it is currently trading away higher than its initial last day close and current open
I hope It make sense shocked

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Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 11:33pm On Jul 02
Observe the time in that Ethereum chart I posted up


9:30 am -12 pm NY Time = am session

12pm -1 pm NY Time = Lunch session

1:30pm -4 pm NY time= pm session

Ethereum was bullish in the am session

It hit the draw on liquidity in the Am session and reversed in the lunch hour.

Then it broke structure in that lunch hour INTO that breaker.

Then price sold off into the PM session
Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 11:44pm On Jul 02
grin
zemaye:
let me answer before he comes yes it is the correct one

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Re: Forex Market Algorithm IPDA part 2 by FxExpo(m): 4:54am On Jul 03
Thanks for this info, I have to be sleeping here for full understanding
IAmHim1:
Yes, It is.

And quite frankly, I know I've dropped something hot but I really don't know the Depth of it...cus you see, I work on people's material and create something out of it...from Pukkalolo to Ubunja to Helpyourself to Pansophist...all Nairalanders to evey nonNairalander in my signature and my followership...

I come online and I see people people with the potential to learn like myself and I feel encouraged.

I know someone out there will read this and have his or her epiphany in these financial markets and make a killing of it whilst also creating something out of my work too

I've dropped a bomb...but I really can't tell its impact now.

And no, you're not late...no one is as far as this thread is concerned


1 Like 1 Share

Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 12:07pm On Jul 04
Gloomy days ahead for Bitcoin

IF and IF the lows at 56,500 gets taken out, I'm looking for a dip further into the balanced price range at the 2 horizontal line I've drawn out.
and if you note, the Balanced price range, BPR, is in line with the bullish breaker I outlined in the second picture


Since Bitcoin is paired with the dollars, a drop in Bitcoin is gain in the dollar....and a gain in the dollar is a drop for foreign currencies. Euro/usd etc drop

Prolly US is strengthening interest rates or working in background, financially grin


They've induces a lot of people to dump their fiat money into their fiat Bitcoin and they have to liquidate a lot of bullish positions before they finally decide to liquidate that buyside liquidity resting above 73k +

For more context why I keep saying Bitcoin is the ALMOST perfect organized crime by the united State ITSELF

https://www.nairaland.com/8124290/imaginary-satoshi-world-crypto-markets

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Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 12:21pm On Jul 04
Finger$ crossed undecided
Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 5:41pm On Jul 04
Analysis

Bitcoin to take out the buystops at 59110 in the lunch hour

And then PM session should see a stop hunt and reversal down to the lows....in line with my first analysis

Or PM session could just consolidate SINCE it came out of an expansion that DID NOT come out of a consolidation

Remember, the Market cannot consolidate, expand and consolidate again. That's not how it was coded

Finger$ crossed grin

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Re: Forex Market Algorithm IPDA part 2 by IAmHim1: 6:35am On Jul 06
Update on analysis:

I called Bitcoin dipping lower to the balance price range level at $53,144

Price has delivered handsomely to that level

HOWEVER, my TIME delivery was off


I wanted the PM session of that day to take out the highs at $59,181 (since buystops reside above those highs) and reverse to my balance price range level at $53,144. That didn't happen.
Lunch did expand and PM session DID consolidate...but lunch hour expansion didn't take out the buystops at $59,181

So that's that.

Perfection is the CHASE of excellence. and not a one stop get it.
The moment you stop chasing excellence, you become imperfect!

More studies!!

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