Or, said another way, "Whats the worst that can happen in this trade, what's the best and how do they relate to each other?". A 50-pip SL with a 100-pip TP is a 2:1 ratio. It's important to understand it because it will give your "win rate". You ...

Risk Reward

I'm still a rookie, but BY FAR the most common mistake that leads to a blown account seems to be the quick timeframes. Why put yourself through that when a combination of the H1, H4 and D1 charts provide more than enough action throughout the day.

how do YOU trade the 5min eurusd?

Im trying to do that in this post by taking a system apart: url

help writing this script

I'm trying to do exactly what you're asking for in this post : url I have more posts coming this week

Any Simple EAs Out There???

If you post the formula I might be able to write the indicator

Hull Moving average

I'm bearish on it. Clearly hit a strong resistance point and headed down IMO

USD/CHF

Indeed. There's been enough touches at the resistance level where it might start to come back IMO. It IS a far way off, but I'm still a newbie learning, so I'm taking my time. I'm using Jacko's strategies along with the stuff in the rookie post by ...

Jacko's Forex House of Pleasure and Pain

FWIW I put in a buy stop at 1.3290 today . . . if it fills, it will have hit bottom and on its way back up

Jacko's Forex House of Pleasure and Pain

I'll keep an eye on them. But you DO realize that at 1:2 RR they would have to be picking winners at greater than 75% in order to make it profitable, right? I must admit that I know very little about Big Ben, but just looking at the numbers alone, ...

Big Ben Strategy - Profitable??

Found another error. Try this function: //+------------------------------------------------------------------+ //| COLLECT REAL TIME ACCOUNT INFO | //+------------------------------------------------------------------+ //------------------------>>>> ...

Kelly EA

Are you sure that you also have the log and info includes that this EA needs? It makes calls out to those files and might error out if they're not there If so, what does the log file tell you? There should be errors in those logs

Can you figure out why this EA stops trading?

Isn't that somewhat of an insane Risk:Reward ratio? I risk 2 to win 1? The win rate on it would have to be ridiculous to make it profitable.

Big Ben Strategy - Profitable??

I might be interested, but it has to be the right fit. Let me know the basics 1 - how many indicators? 2 - when do you close an order? 3 - when do you have a short position? 4 - when do you have a long position?

Looking for EA programmer for Metatrader4

This code relies on you having an: 1 - an order history 2 - a fair number of winning and losing trades does your MT show that?

Kelly EA

Replace that function with this one //+------------------------------------------------------------------+ //| COLLECT REAL TIME ACCOUNT INFO | //+------------------------------------------------------------------+ //------------------------>>>> ...

Kelly EA

Thats not too hard. I've attached a new version below - let me know if it works

Kelly EA

??? How do you start it now? Is there not a pop-up box (alert) that gives you the Kelly numbers?

Kelly EA

That's awesome! Its basically a Kelly Criterion function for figuring out lot size - I love it. So what exactly do you mean by "automate it"? It should already give you an alert telling you what lot size to pick - does it not do that for you?

Kelly EA

X2 on babypips - an amazing and FREE resource, read everything on there. After that, check out the rookie thread and read everything on that: url

Training Courses

WHA??? I think you might be confusing the method with the message

Trading naked or keep it simple stuff....