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billv replied Jan 26, 2020Which broker are you using? in Mt4 click on File and then login to trade account and give me the server name By looking at your picture, it looks hard to recover because the trade size weight ratio is at the bottom. Use this indicator, it will give ...
Hedge Trade-panel
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billv replied Jan 20, 2020I can confirm that the spread is not being charged when we hedge using this method. As you can see in the video, our equity immediately before I hedged was $26,286 The hedge order temporarily brought the equity down to $26271 and when I closed the ...
Hedge Trade-panel
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billv replied Jan 18, 2020Please follow this order --> Place a market order of GBPCAD 1 Lot --> the moment you are about to press the CLOSE ALL button, please look in the MT4 terminal and see what the account equity is, --> Press the "Close All" --> press "Order Maintenance ...
Hedge Trade-panel
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billv replied Jan 17, 2020Hello GreyInvest Your example is good but you should have noted the account equity before you hedged because we want to see if the hedged order's spread lowered our equity. Low volatility is good, it is needed for this test. I don't trade indices, ...
Hedge Trade-panel
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billv replied Jan 16, 2020Yes once the hedged trades are closed, the hedge order disappears from MT4 terminal and from MT4 history So it looks like the hedged order commissions plus its spread costs don't get charged to our account.
Hedge Trade-panel
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billv replied Jan 16, 2020Yes true, very valid point and thank you for bringing it up for discussion. I have noticed this as well when I was playing with the EA on demo and while I was hedged, the net profit varied up and down. I interpreted this variation as being temporary ...
Hedge Trade-panel
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billv replied Jan 16, 2020Yes very valuable tool if we are hedging our trades but it can be good to use even if we don't hedge. For example, if we place many trades in 1 currency pair and we want to close them all together, it can take a while before all trades are closed. ...
Hedge Trade-panel
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billv replied Jan 16, 2020Hi 4fxonly I renamed the buttons because I wanted them to have meaningful names. All the trading buttons work only at chart level so if you want to place trades on EURUSD you would have to place the EA on a EURUSD chart. The CLOSE ALL button closes ...
Hedge Trade-panel
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billv replied Jan 14, 2020New version 7, please test it and let me know if there are any problems. image As usual, extract everything into the MQL4/Experts folder. If you are copying all files on top of a previous installation, then allow the old files to be overwritten. ...
Hedge Trade-panel
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billv replied Jan 5, 2020Here I'm attaching a copy of all the files including the updated mqh file As usual, extract everything into the MQL4/Experts folder. If you are copying all files on top of a previous installation, then allow the old files to be overwritten.
Hedge Trade-panel
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billv replied Jan 5, 2020Sorry about this Just replace the file controls\dialog.mqh and then recompile Here are the steps Delete the Hedgepanel2.ex4 (only the ex4 file and not the mq4 version) Paste the attached file into MQL4/Experts/Controls folder (Make sure you ...
Hedge Trade-panel
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billv replied Jan 3, 2020Ok thanks, I will try it on a different broker Btw, I noticed that your modified panel stops moving after we change time frame or after changing currency pairs. The buttons continue to work but the panel is no longer movable on the chart. If I try ...
Hedge Trade-panel
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billv replied Jan 3, 2020Thanks for sharing it. Have you used it? I played with it and the MAINTENANCE button only works after the open orders are hedged (using the CLOSE ALL button) and we will charged commissions for every trade we hedge. So it seems that we can avoid ...
Hedge Trade-panel
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billv replied Nov 21, 2019Please be more specific The indicator measures the daily number of pips and prints out an average, There are settings for the number of days, what other daily setting are you thinking of?
ADR Average daily Range Indicator
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billv commented Oct 7, 2019Possibly, but on the other hand GBPUSD is at an all time low and even a no deal Brexit would not be the end of the world for the UK so IMO there is a lot of room to the upside for this pair. The only problem for currency investors is that the swap ...
Goldman Sachs advises buying pound vs. dollar, sees low odds of no-deal Brexit
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billv commented Sep 11, 2019The NAB guy must be dreaming
Australia Could Cut Rates Three More Times if Fiscal Stimulus Withheld, NAB Says
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billv replied Sep 7, 2019We have to be careful not to be overloaded with numbers and indicators. Think about it for a while and if you still see much value in it, send me a private message with the details of what you want to see on the screen and the inputs and I will code ...
ADR Average daily Range Indicator
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billv replied Sep 6, 2019And how do you intend to use this value?
ADR Average daily Range Indicator
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billv replied Sep 6, 2019The ADR indicator also shows you the pip distance to the top of the day (H) and to the bottom of the day (L) You can work out today's movement by looking at these 2 numbers If H=25 and L-20 the move was 45 pips
ADR Average daily Range Indicator