Hi, Ask price = Bid price + Spread This is the precious relation you are looking for You buy any product at Ask price and you sell it at Bid price. And therefore, when setting pending long entries, or SL on short trades, you have to take into ...

Why didn't my TP trigger?

Hi, From what i understood, you entered short at the first red sign, and your trade was closed in loss after Bid price (The drawn prices are Bid, not Ask) crossed what was supposed to be your tp on the lowest line (0.70603). However, i have 2 ...

Why didn't my TP trigger?

It's funny how people always complain about orders not being executed at the price they want... But even more funny, only people who got slippage against them complain... What about the others who got slippage on their side ? No complain ? I bet it ...

IronFX orders during NFP!

Isn't the problem the following : Dots are not marking entreis/exits, but rather when a new extremum (either new high or new low) was made. That is if i understood the way of this indic properly

Just Another Turtle Trading Journal

Maybe the first arrow on your graph is the S1 long entry And the second arrow would be S2 long entry (however given that S1 long was still in progress, i think this signal would have to be ignored)

Just Another Turtle Trading Journal

Hi, I think your question is worth being asked For the record, i voted "YES, I agree" However, since the 01/01/2014, we are inside a major uptrend, with periods of consolidation (range) and trend. Maybe a working ea on this period of time would ...

EA that can trade through all market conditions

@ken911 : What is the difference between 10 pips on m1 and 10 pips on m5 ? Answer : none. Why : because 10 pips is a change in price, m1 and m5 define a change in time... The whole purpose of renko chart is to look at price movements only, without ...

More simple is impossible

Hi, Maybe, it is something you already thought about, but here i go : Ergodic oscillator as you descibe it is composed of 3 different "buffers" : - The main buffer is called ergodic, usually, it is simply a True Strength Indicator - The signal line ...

Looking for ergodic oscillator

Agreed and the histogram in the lower chart is the difference between MACD and Signal.

MACD's Showing Up Differently

I like this question... So we are now talking about a fixed R:R... Let's go into the numbers... Let's take an example in which you have the reward twice as big as the risk taken... First trade : TP : 10 pips / SL : 5 pips Second trade : TP : 100 ...

How much would you risk on a 90% trading system

Unless you also have the source files (*.mq4) with your indicator, you won't be able to make the wanted change. If you have the source code, then you should have a look inside the main function... Somewhere around the first lines, there should be ...

Auto refresh indicator capability for mt4?

And you call that a name of system ? I call it description of the system... The name of the system is : Moving average Crossover The rest is just parameters... Wouldn't you find it stupid if let's say i decided to create a system which would be a ...

What system is this?

To my thinking, yes, as PipMeUp was saying, flipping a coin in the long run (when number of trials tends to infinite) is a 50% heads and 50% tail. So is the market. Every change in price is either an increase or a decrease. When running the same ...

Every indicator can be profitable?

Many of you talk about a greater stress coming with greater amount. While i do agree that there is definitely more stress when looking for potential entry with greater amount. But as soon as the position is opened, i don't count in money term but in ...

$1 lottery - Learn to trade with Nano account

Trust me, it's not with your $13 that you will make them want to improve... Instead of waiting for something such as them "improving" to happen, move on... What does a trader do when the observed product doesn't move ? Does he stay in front of the ...

Huge slippage 30 pips (Pepperstone)

I personaly use logmein. The free version allows you to access your computer and also to use the clipboard (copy cache) in between the 2 computers (host and client). The "delaying" makes it that it doesn't seem possible to think about high speed ...

A way to see MT4 charts with custom indicator on iphone?

Aren't the 14 pips the needed confirmation for breaking of a level for that template ?

Are support and resistance levels predetermined?

Well, obviously, if something is good for a given currency, then it means it will reinforce against other currencies. However, it doesn't necessarily means you will see an actual "response". It's all about the relative strength at a given moment... ...

"Good" for currency

Careful with the terms... There are professional that are not profitable, and there are people who are just "Enlighted rookies" and make a consistent profit on a regular basis. I don't think difference between pro and rookie should be made solely on ...

Is this a correct Double Top? AudCad Daily

It all depends which currencies you want to include in your index calculations... Currency index is a basket of multiple pairs... Therefore depending on the pairs you include in your calculations, the index might look rather different. Here you can ...

Where can I find accurate USD, EUR, and GBP index charts?