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  1. ValueBands indicator

    by , 08-19-2021 at 10:00 PM
    ValueBands indicator updated

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    ValueBands_v2.1 600+ indicator was created for Premium Trading Forum. This is the the updated MTF ValueBands indicator for MT4 which can be used together with the ValueCharts indicator which is the well-known market analysis tools developed by Mark Helweg and David Stendahl.

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  2. Two forex trading newbies talking with each other

    by , 08-19-2021 at 05:57 PM
    Two traders are talking (taken from this mql5 thread):

    Consider a linear regression model xi = a + b * i + ei in time i = 1, 2, ..., n, where the errors ei are white noise with the Laplace distribution. The error density then has the form p (x, c) = 0.5 * c * exp (-c * | x |), log (p (x, c)) = log (0.5) + log (c) -c * | x |

    The likelihood function for the noise will have the form L = p (d1, c) * p (d2, c) * ... * p (dn, c), where di = xi-ab * i are the residuals of
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