John Last

Some argue that the use of volume is pointless in the Forex trading. Howver there are others that swear by tic volume and use VSA (Volume spread analysis) in Forex. I compared the readings by exporting the data from MT4 in a CSV format and I plotted the date with Rapid Miner (Well it was not necessary to do that we could use excel sheets too). (under some conditions the meta trader indicators are not very good at representing peaks in volume) Here I compared the tic volume in different Forex brokers: -interbank fx -alpari -fxcm -delta stock If the number of tics varies the peaks in the tic volume is the same. Those tests were done several months ago the idea was to show that the tic volume among various forex brokers is highly correlated.

Our team at beathetread we did something different but in the same line of investigation. We formed a hypothesis that the most important thing for adaptive systems is to know the moment of adaptation and to optimize only on the current market patterns. The Elliottware approach is a machine learning extension of the Elliott wave principle. The key is to find a stable structure and to train your algorithms on it. The sampling should be adaptive and the human pattern recognition is a key aspect.

Well imagine that sometimes it is a big responsibility to share strict mechanical rules. That is a responsibility beyond you can take. Why? Because you never know how your word can be interpreted and misunderstood. That is why I just share tools and ideas.