Nice job! I bet it required the incredible efforts. I am going to test it next trading week and see if there are any bugs.

NEW MT5 Seriously Stuffed For Traders Platform

It looks like you misunderstand the concept of spread. You don't "pay" it. The spread just reduces your profit from the position and does it so only once - when your position is closed. When you buy a position you use the Ask price, which is +3 pips ...

Am I paying double spread?

Delete all old data, don't connect to MT server, download M1 data and convert it to all needed timeframes. You'll be using offline charts (File->Open offline), not online.

Backtesting on MT4 - Data between t/f's dont match?!

For EUR/USD margin won't be $100,000 x 1% = $1,000, it'll be €100,000 x 1% = ~$1,440. The pip value depends only on the basic currency of the pair and is always $10 for standard lots in XXX/USD pairs.

Pip value

As far as I know, you can just enter a new demo server's address into Tools->Options->Server to change your demo server. But if you want to keep your old account too then you'll need to download and install a second platform.

Demo Accounts

That's the issue of the interface not the trade execution. By the time the final version of MT5 is released there may be both third-party and original interface solutions for that matter. Actually, I believe that the major part of the cases of the ...

NEW MT5 Seriously Stuffed For Traders Platform

Actually, it has already been proven in this thread that you can trade the same strategy (even if it involved hedging) in MT5 as you do in MT4. The fact that the trade in one direction now closes the position in the opposite direction doesn't change ...

NEW MT5 Seriously Stuffed For Traders Platform

Please, state where did I lie exactly. Accusing of lies without a proof isn't very mature. That has nothing to do with what I've said - elimination of hedging reduces the swap paid by the trader to broker. When you have 1 lot Long on EUR/USD and 1 ...

NEW MT5 Seriously Stuffed For Traders Platform

Technical analysis? EUR/USD was in overbought for too long.

Why did EURUSD drop right after Dec 1st?

Looks like a mess with the understanding of how MT4 and MT5 work. In your example in MT4: 1. You buy 0.1 @ 1.4400, 0.1 @ 1.4350 and 0.1 @ 1.4400. 2. At any given moment with the CurrentPrice (CP) your total profit is: (CP - 1.4400) + (CP - 1.4350) + ...

NEW MT5 Seriously Stuffed For Traders Platform

Eurostat server will help you url

Historical Fundamentals for USD and GBP

Having a grudge towards a platform instead of trying to understand how it works isn't helping anything. You can enter and exit the trades the same way in MT5, you'll just have less positions open at the same time. The resulting profit/loss will ...

NEW MT5 Seriously Stuffed For Traders Platform

Position handling is not the same, but with the orders available in MT5 you can do the same things as in MT4. Please, re-read the thread, that's quite clearly explained before. It doesn't matter if it's FIFO or not. If you buy a lot at 1.3 and then ...

NEW MT5 Seriously Stuffed For Traders Platform

In MT5 you'll end up with 3 lots at the average price of 1.4350. And you can close any of those three anytime - the same as in MT4. Did you ever try trading in MT5?

NEW MT5 Seriously Stuffed For Traders Platform

Like it has been proven here before, MT5 isn't "garbage" and while it's still in beta it can do all the same things as MT4 can do in a sense of a resulting profit/loss. BTW, what are the "averaged down positions"?

NEW MT5 Seriously Stuffed For Traders Platform

Sorry, Benessum. First, for some reason I can't PM you. Second, I know about many custom MT5 indicators, but I didn't see any MT5 pivot indicator yet

NEW MT5 Seriously Stuffed For Traders Platform

The majority of the USD related historical data can be found at government sites like: url url url url I guess you'll find GBP data on the similar British sites.

Historical Fundamentals for USD and GBP

What do you mean? Confirm MACD signals by looking at the indicator in several timeframes to spot the same signal? That's possible but, as far as I remember, MACD is a lagging indicator so that won't help much.

MACD Question

That depends on what retracement you expect to catch. If you are for the short-term opportunities then use the retracement plotted from the start of the recent short-term trend, if you are for long-term opportunities - use longer trends.

Using fibonacci

It's impossible to get 10 pips every day for 200 days. You'll have losses and it will be good if you'll have profit more than losses and if it will be more than $500 on $5,000 account.

Trading objectives (help me calculate)