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    Voice of Foreign ExchangeTM
    Voice of Foreign ExchangeTM
    Voice of Foreign ExchangeTM
    Ebook220 pages1 hour

    Voice of Foreign ExchangeTM

    By Stephen Gose

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    About this ebook

    The "Voice of Foreign Exchange" is a series of books reinventing the "Elliott Wave Theory" using modern data communications formula. The formulas, I discovered in 2009-2010, led a Russian telecommunications specialist to victory in the 2011 MQL4 competition. I will explain, in layman's terms, how electronic data communication networks (ECN) operate, the protocols used, and how those networks impact all ForEx Trading Methods, Investment MT4 or MT5 Trading System, Forex Technical Trading Strategies, and MQL4 or MQL5 Expert Advisors (EA) programming. I also teach you how to troubleshoot and discover from your MT4/5 connections to your ForEx Investment Broker.

    I have read thousands of articles and books on Foreign Exchange (ForEx), and not one takes into consideration what I reveal in this book. "What an arrogant, bold statement ...", you must be thinking? Here's my challenge; begin reading as many articles, forum posts and books (the free samples?) as you are able before I complete this book in the next several weeks (target publication date is February 2017). Establish, in your own mind, what's available today in all the current Expert Advisors for ForEx, then read this book and supplements and use my Expert Advisors from my tutorials in Chapter 5 and 6 -- or build your own from the instructions I provide.

    LanguageEnglish
    PublisherStephen Gose
    Release dateJul 26, 2019
    ISBN9780463861691
    Voice of Foreign ExchangeTM
    Author

    Stephen Gose

    Stephen Gose, Ph.D. Information Systems (honorary) and second-generation German, is a retired Professor Emeritus with a 40-year career as a certified network engineer, and a "Certified Cisco Academy Instructor" (CCAI) since 2002. He is listed in the Who's Who for Information Technology for his directly-related work for the Internet backbones found in the Caribbean, Netherlands, Israel, and Russia. He was awarded "Letters of Appreciation" from AT&T, and the German, Israeli, Dutch, and Russian Governments. Steve has nearly three decades of international "teaching and conference lecturing" in both Local-Area and Wide-Area Networks, network security, Internet backbones, software engineering, and program/project management. He is a retired US Army Signal Corps Officer. He earned, in 2014, the ITT Technical Institute's "Instructor of the Year" out of 144 campuses and 8,000 instructors.In his spare (?) time, Steve enjoys creating online casual games and managing his online gaming business.His website is:http://www.stephen-gose.com/His game showcase is:http://www.renown-games.com/His theology books: http://kingdomofgodprinciples.com./

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      Book preview

      Voice of Foreign ExchangeTM - Stephen Gose

      Voice of Foreign Exchange™

      Voice of Foreign Exchange™

      A Statistical Analysis of Data Communications Networks impact upon Expert Advisors (EA)

      Stephen Gose

      © Copyright 2010-2016 Stephen Gose. All rights reserved.

      ISBN for EPUB version: 9780463861691

      To my students @ ITT Technical Institute, Tempe, AZ

      and more currently

      To my students @ University of Advancing Technology (UAT), Tempe, AZ

      Table of Contents

      Copyright Notice and Distribution Permission

      Disclaimer

      Workbook Abstract

      Your new skills from Chapters 1 to 4 …

      About Your Author

      1 ECN networks - a Historical Introduction

      1.1 Background on the Inventor

      1.2 Telecommunications Background

      1.3 World Changes Due to the Telegraph

      1.4 World Changes Due to the Ticker

      1.5 World Changes Due to the Telephone

      1.6 Chapter Summary

      1.7 Chapter Foot Notes

      2 The Missing Link

      2.1 Review of ECN construction

      2.2 Finding the Missing Link . . . .

      2.3 Data Network Protocols Overview

      2.4 Common Data Network Tools

      2.5 MT4/5 Terminal (Application Layer)

      2.6 Review of financial data protocols.

      2.7 Chapter Summary

      2.8 Chapter Foot Notes

      3 When ECNs go bad!

      3.1 Overview of ECN congestion & impact

      3.2 Chapter Summary

      3.3 Chapter Footnotes:

      4 Data Communications Today

      4.1 The Ah-Hah! Moment

      4.2 How it’s Used Today

      4.3 Adapted to ForEx

      4.4 Chapter Summary

      I Part II: ForEx Software

      5 Chapter Five - VoFX™ EA

      5.1 Where do we start?

      5.2 Building Helpers

      5.3 Considerations excluded from Typical EA strategies

      5.4 Inventing our VoFX™ EA System

      5.5 Chapter Summary

      6 A-patchy ForEx

      6.1 What is the A-patchy ForEx engine?

      6.2 Why call it A-Patchy?

      6.3 Is it patented?

      6.4 License & Copyrights

      6.5 The Deep Dive and Dissection

      6.6 Vo4X™ Shepherd Shell

      6.7 Vo4X™ Scalper Shell

      6.8 FAQs

      6.9 Chapter Summary

      Appendix & Resources

      ForEX Broker Background Checks (FREE)

      Popular ECNs

      Expert Advisor Tools

      Financial Information eXchange (FIX)

      Historical Data

      HOW ARE PRICES DERIVED?

      Movers & Shakers in ForEx

      Network Tools

      Tutorials:

      Vocabulary Terms

      Networking Tools

      Common Data Network Tools

      ipconfig (ifconfig)

      net

      netstat

      nslookup

      ping (Packet Internet Groper)

      pingtest.net

      route

      speedtest.net

      tracert

      Wireshark

      Robtex Research (old school method)

      NetBrain (new school real-time dynamic network maps)

      Development Tools

      DNS prefetching

      Storage

      Structured Data

      Copyright Resources

      Copyright Notice and Distribution Permission

      Copyright © 1997-2016, Stephen Gose. All Rights Reserved.

      You may not reproduce this book, in whole or in part, in any form or by any means electronic or mechanical, including photocopying, recording, or by any information storage and retrieval system now known or hereafter invented, without written permission from the author.

      Use or reproduction of all or any part of this publication is in violation of applicable laws and regulations are expressly prohibited.

      This is public release edition 1.0.0.11; 21 NOV, 2018

      Disclaimer

      All rights reserved under the Pan-American and International Copyright Conventions. All the information contained within is for the convenience of its readers. All information is accurate as can be reasonably verified at the time of original publication. However, content suggested may not reflect current industry recommendations after publication date. There are no guarantees nor warranties stated or implied by the distribution of this information. Using the information in this document is at the reader’s own risk, and no liability shall carry to the author. Any damage or loss is the sole responsibility of the reader. This book is designed to provide information that the author believes to be accurate on the subject matter it covers, but it is sold with the understanding that neither the author nor the publisher is offering individualized advice tailored to any specific portfolio, to any individual’s particular needs, rendering investment advice nor other professional services such as legal accounting advice. Professional services should be sought if one needs expert assistance in areas that include investment, legal, and accounting advice. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system nor methodology has ever been developed that can guarantee profits, nor ensure freedom from losses. No representation nor implication is being made that using this information will generate profits or ensure freedom from losses. The trade examples provided are hypothetical only and were prepared with the benefit of hindsight. No hypothetical trading record can completely account for the impact of financial risk in actual live trading. Additionally, this book is not intended to serve as the basis for any financial decisions, as a recommendation of a specific trading system. Your personal financial circumstances must be considered carefully before investing or spending money. No warranty is made with respect to the accuracy or completeness of the information. Stephen Gose LLC reserves the right, at any time and without notice, to change modify or correct the information contained in this publication. All websites listed herein are accurate at the time of publication but may change in the future or cease to exist. It is best to research dead websites links on The WayBack Machine The listing of website references and resources does not imply publisher endorsement of the site’s entire contents.

      Workbook Abstract

      This book is intended to be a hands-on guide for Foreign Exchange using an updated Elliot’s Wave Theory aligned to modern data communications systems. By following my steps in developing a complete Expert Advisor (EA), you will translate my sequences into your own trading system terminal using MQL4 or MQL5. Source code is available in the Bonus Content as a separate download, due to various deployment restrictions. I will explain my rationale for each decision so that you can adopt or modify for your EA’s responses. When you complete this workbook —unlike every other similar book on the market today — you should have a working copy of your own EA tuned for your specific terminal — not mine, a remote signaling service nor a duplicate copy of my trading signals! Several well-known EA mechanics are provided as plug-ins to scaffold your EA system. The appendices show further valuable resources.

      Here are the main topics we will cover:

      Part I. Chapters 1 to 4: Data Communication Concepts and History

      - Dedicated to anyone who would like to understand how ForEx networks operate.

      Part II. Chapters 5 to 6: Voice of ForEx Applied

      - This content is what you will NOT find in other ForEx tutorials on the market today. Dedicated to the curious, students, lecturers, and those new to the A-patchy EA trading system. Knowledge of network operation is a per-requisite. (Read chapters 1 to 4)

      Pencils will indicate written projects.

      Tips and hints are tagged with this symbol.

      Key concepts to remember.

      Caution advice with this symbol.

      Your new skills from Chapters 1 to 4 …

      - The knowledge to integrate into your own EA designs.

      - History of Data Communications for the past 170 years.

      - Birth of Elliot’s Wave Theory.

      - Complete explanation of Elliot’s Wave Theory based on modern data communications.

      - Reasons why many Expert Advisor are inaccurate.

      - The missing link in ALL Expert Advisors.

      - Analog to Digital Conversions (ADC): The Voice of Foreign Exchange.

      - Application of the ADC into ForEx EA.

      - Various introduced network delay and how to compensate in EA.

      - Intentionally introduced network delay and why they exists.

      - Financial Information Exchange protocol.

      - The impact network protocols have on EA calculations.

      - How to use network tools and their integration into EA calculations.

      - Tracing a market order packet from MT4/5 terminal through the Exchange Communication Network (ECN).

      - Operations of Data Communications Equipment on EA data-flow.

      - Minimum Time Frames for scalping with established network proof.

      - Processing speed of various devices within an ECN.

      - MT4/5 terminal troubleshooting tools and commands.

      - How to test Broker response time using network-based tools.

      - Impact of Jitter on EA calculations.

      - Discover why and how Wide Area Network (WAN) affect Financial News Events.

      - Know various ECN congestion methods and their impact symptoms upon EA.

      About Your Author

      I am a full-time certified network engineer and Professor. This book provides you with a reliable and robust trading method which I refined over my career in data communications, software development, and quality assurance testing. I ran two tests, each with an initial $200 investment; and, each time grew the account to $1,600 in 45 days through Alpari (2010 and 2011). I use the ever popular MetaTrader platform for trading. This is more commonly referred to as MT4 (or MT5 today) and there are many reputable brokers that offer such platforms. Although I concentrate solely on ForEx trading myself, you will discover that my information also impacts other financial instruments trading methods.

      My particular trading methods will demonstrate the problems with many current technical analysis used on any ForEx time-frame. Furthermore, it will reveal why many ForEx traders prefer the 4-hour chart or Daily charts. I will endeavor to demonstrate live data communication from your terminal whether it uses the Unix (Mac OS X), Linux or Windows operating system and provide you several networking tools to fine tune your EA. I will also provide source code (in a separate Bonus Content package) that will automate EA responses. You will need access to a MT4/5 terminal (demonstration version is fine) to use these methods for testing and trade analysis; until you have your live terminal ready, you will only need access to your workstation’s operating system.

      1 ECN networks - a Historical Introduction

      Data Communication History: A review of ‘Elliot Wave Theory’ and why it almost works.

      Call me a skeptic, but I can hardly believe what passes for ForEx Expert Advisers these days; ForEx Indicators; ForEx blather about signals, and Half-baked formulas. Bald-faced attempts to redefine ForEx trades at every level by any means possible. I have doubts – habitual doubts – as to the validity of many of these. I find myself increasingly reluctant to embrace what others – in their guru ForEx books, articles, and blogs – apparently are willing to accept. Simply stated, I have not found one author in books nor

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