My suggestion on a stop loss (and TP for that matter) is to not use a static value but instead to set it based on the market conditions. You need to consider the volatility and keep an eye on support and resistance, and also round numbers. It is ...

GBP/USD Daily Breakout

I'd like to know if you have been using this for a while or just for a couple of months. I've found that just about every mechanical system tanks eventually because of changes in market conditions. Have you seen this one work for the long run?

Break out 15M system

The first thing to do is talk to a tax accountant - only he or she would be qualified to advise you in your specific situation. My (very general) understanding is that FX trading is considered short term capital gains, but there are specific rules ...

Taxation and Forex

I've seen such things but I don't have one handy at the moment. I could possibly find a simple EA and strip it down in the next day or two. On the other hand, there are probably very simple ones available on mql4.com or other places around the net. ...

System Template

This sounds very interesting. Can you describe the indicator and how it's used? I've not heard of it, but it sounds like a differential strength oscillator. I'm curious as to how it determines the strength of advancing and declining market sentiment.

looking for Advance Decline Indicator ADL

Man, I can't believe this thread is still alive!! Gotta be a record!

AMAZING Strategy!!!

I agree with this sentiment. HA type systems are notoriously jumpy at shorter timeframes. The point of HA is to apply a type of smoothing that approaches SMA smoothing as periods increase. Conversely, as the periods reduce, the smoothing is reduced ...

Mister ED's 4 hour Heikin Ashi system

Interesting price action strategy here. It seems to me that this type of strategy is becoming more and more popular, and with good reason. I wonder if this would be effective at longer timeframes, though. Has anyone tried it at H1?

Sonic R. System

I'm curious of how you folks are using the 'tails' that are showing on the renko bars. It seems to me that the purpose of renko is to show price movement in terms of real trending moves without the distraction of smaller price jiggles. Why put those ...

Trading Renko

Those would actually be two components of the same dimension. Consider movement on a map (2 dimensions). One dimension would be North and South, regardless of how far or fast one moved. The other would be East and West, again without regard to speed ...

How to resolve a confusion?

How would you define those four dimensions? Time and price are obvious dimensions present.. where would one find the other two?

How to resolve a confusion?

These discussions are interesting, however it seems to me that most traders who use retail brokers (especially who use MT4 brokers) will find it difficult to make such high frequency trades. I am focusing more on analyzing tick data but using it for ...

High Frequency Trading!

I am planning to open a live account with ODL in the next few weeks. I'll let you know how it goes for me... DGC

Any guys with ODL?

You can also create multiple installations of any MT4 distro simply by copying the entire directory to one with a different name... DGC

ODL Securities Server Info

I don't recall seeing that... but it happens to all brokers from time to time...

ODL Server Freezing

It's good to see so many people helping each other to make a better life for themselves... Go FF!!!

Trading Workshop Possibility - Skunny & Bobokus

I recall some weeks ago that Philip mentioned a Daily version of his system. If that's so, could someone kindly point me to the post where this is revealed? This thread is huge, so please don't tell me to read the entire thing just to find one ...

4 Hour Strategy (MACD)

Today's update: The EURCHF buy continues to struggle (currently -97 pips) and the Early Warning for the closed bar (yesterday's) has turned down, so a conservative strategy would be to exit and take the loss. I went in with a small trade size so my ...

SwingRider - Simple, Low-Maintenance, Effective

No new signals for this system today... Keep an eye on the USDCHF, though. It's crossed the SwingLine and we're awaiting SV confirmation, possibly before the week is out. Still holding the EURCHF buy... currently - 52 pips

SwingRider - Simple, Low-Maintenance, Effective

Yeah, I know. Some repainters can be useful in giving insight into past performance, but are generally not good for trading signals. DGC

SwingRider - Simple, Low-Maintenance, Effective