Suggest you research the topic of "skew" and how this relates to trading. What you want is a system that delivers positive skew. Positive skew means that your average winners are greater than your average losers. This will deliver the better equity ...

Need guidance to improve my Trend Riding EA (attached)

if it was an issue for me i would test it out - have you tried to do so?

CPU/Ram Consumption - Dashboard vs. several Charts

look for longer term trends, enter on a breakout in the direction of the trend, cut losses quickly, trail the stop.

In One Sentence - How Do You Trade?

be patient and trade small

What I wish I knew then, but I know now

You may not understand how the indicators are created, ie the mathematics behind the indicator. On a M1 chart the SMA50 looks back over the last 50 bars and so calculates the average over the last 50 minutes Likewise the SMA50 on a M5 chart also ...

Bollinger Bands & SMA for the 1Min & 5Min Charts

url

Best performance mutual fund

try something like this: int getBuyOrderCount(string argSymbol, int argMagicNumber) { int OrderCount=0; for(int Counter = 0; Counter <= OrdersTotal()-1; Counter++) { if(OrderSelect(Counter,SELECT_BY_POS)) { if(argMagicNumber == -1 || ...

Max trades per magic number code for my EA

try this

Something Wrong with the Indicator - Need help

As has been stated earlier, MT4 interpolates the price action between the only four date points is stores, ie OHCL. If you want a more accurate portrayal of how your system performs in live trading, try writing your EA to also only use these four ...

How does one get a good backtest?

if the tick size changes so does the tick value. Seems you might be missing the point

Lot calculation

would be a lot simpler working in ticks

Lot calculation

a couple of suggestions: 1. send the result to a Comment and see if this gives the result you want 2. convert the double to a string using 'DoubleToStr' and see if that helps Also are you sure you have five digits? Use 'Digits' to confirm

Questions I need answers to ...

state your SL in ticks not pips and the calc should work out you are using a tick value and not a pip value. they either both need to be in pips or ticks

Lot calculation

if you opt for using Magic Numbers, you could add a comment to your trades where the comment is the Magic Number. In this way you can see the Magic Number per trades in the MT4 Terminal (assuming you have the comments enabled/ticked)

Hanover replies to PMs

for anyone trying to watch events re the virus, check out this site: url

Private Island Traders

You will never stop learning, so don't. Suggest you open your demo account and start trading with what you know and see where this leads you. Nothing better than screen time to hone your skills.

Not Sure If I Learnt Enough Or Not About Trading?

if you don't want to set them up as indicator arrays via the buffer settings, you then need to initialize the array with a size, such as EMA[50] which will give you an array 50 deep, 50 wont be enough as you are looking for values up to "limit" but ...

need help to "array out of range" message

from what i can see you have deleted the EMA array and added in three new ones. A couple of issues here: 1. you will need to increase the buffers - #property indicator_buffers 5, to accommodate the extra so 5-1+3 = 7 #property indicator_buffers 7 2. ...

need help to "array out of range" message

search for Period Converter, there are many out there

How to create custom tf in mt4?

Words of wisdom always welcome. I'll keep watching.

Keep Calm and Carry On Trading