About the effectiveness of real-time signals
Hello!
Satori here, researching Binary & FX.
Today, I will deliver "On the effectiveness of real-time signals."
The figure below compares entry points in real-time signals on USDJPY 5-minute charts with the entry points from closing-price signals at the end of the candle.
http://livedoor.blogimg.jp/fxmt4indicator/imgs/7/f/7f47f347.gif
In the example above, if you enter using real-time signals, you can enter at almost the current candle's open price; however, entering with the candle's closing-price signal means you enter at the next candle's open price, making the entry price worse by about 3.8 pips.
In the example above, both Binary and FX are profitable, but especially for Binary, if a long bullish candle forms and by the time the 5-minute candle closes there is no momentum, the next candle may show a pullback, and entering at the next candle's open price can be disadvantageous.
Of course, real-time entries increase in number, so you need to select signals according to the situation, but data shows that real-time signals have a higher win rate as a result.
In particular, Low-entry or sell signals tend to be slightly more favorable according to the results.
Given that the rhythm of the Elliott wave tends to have five upward waves and three downward waves, one might also infer that downward trends are more likely to exhibit momentum from a human psychology perspective.
However, results will vary by currency and time frame, so please keep that in mind.
In any case, when collecting data, it is done without regard to market intuition or context, by repeating trades or entries according to a fixed standard; if you grasp how to use real-time signals and candle-closing signals, your win rate is likely to improve.
With the release of "Binary & FX Indicator Tokiwa" (Time-Space), the above real-time signals and candle-closing signals are displayed together, and emails and alerts are also provided.
Additionally, when the four moving averages achieve a Perfect Order, a check mark is displayed; when the Perfect Order is removed, an X mark is shown, with emails and alerts also provided.
Roughly speaking, here is a summary of the features of "Binary & FX Indicator Tokiwa."
- usable for both Binary and FX
- includes 5 indicators (numbered 1 to 5 below)
- main usage centers on 5-minute and 15-minute trading (for Binary)
- main indicator is “Tokiwa Kai-Line Bands Indicator (1)”
- data shows real-time signals have higher win rate than close-price signals
- signals in the direction of the trend when a Perfect Order occurs
- timing of signals can be adjusted; free version upgrades will be provided as further testing is done
- seven lines displayed: four equal-width channels starting from MA20 with ±10 pips lines
- show/hide the seven lines; crossing lines enable arrows, email, and alerts on/off
- by default there is a 10 pips deviation, making price action feel easier to gauge than Sigma or deviation rate
- understanding price ranges helps identify profit targets and stop levels for FX and reversal points for Binary
- the included “Tokiwa Stochastic Indicator (2)” displays %K not included in standard MT4 and shows Fast Stochastic signals
Additionally, using the included “Tokiwa Bollinger Indicator” and “Tokiwa RSI Indicator,” RSI at or below 30 or at or above 70, and exceeding Sigma 2.5 can produce contrarian signals.
Furthermore, with the included “Hige & MA Catcher,” signals can be displayed when price wicks touch your drawn trendlines or horizontal lines; near support/resistance you can engage in contrarian trades or favors for breakout trades, broadening opportunities I think.
Rather than simply the win rate, depending on how you use it in various situations, it can be a valuable and useful feature.
The sales site for “Binary & FX Indicator Tokiwa” is at the URL below.
http://fxmt4indicator.abproducts.biz/wp/
*** [Year-end Campaign Notice] ******************
We will conduct a year-end campaign with our appreciation for your continued support.
The campaign name has been changed from the Christmas Campaign, but the content is the same.
Purchase period: December 23 to December 31, 2018, 23:59
Purchase site URL:http://fxmt4indicator.abproducts.biz/wp/
* This includes products in the side menu as well.
Content: Based on the total amount purchased during the above period,
we will gift products (multiple allowed).
Application period is January 1 to 15, 2019.
Please send your FX-ON registered name, the product name and price you purchased, and the purchase ID, along with the desired gift product name and price to the email address below.
Email: info atmark abproducts.biz (Satori)
I will check and, in principle, send the email attachment or download URL within 3 business days.
If your purchase amount is between 9,800 and 30,000 yen, the total value of gift products will be the same as your purchase amount.
If your purchase amount is between 30,000 and 50,000 yen, the total value of gift products will be up to 1.5 times your purchase amount.
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Thank you very much for reading up to here today as well.
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