Looks like it's time for me to confess. Earlier this year I sold one of my "worthless" EAs to the ECB for 7.2 billion euros. Many of their board members trade with MT4, as an important adjunct to their QE programme, and you can see ECB chief Mario ...

New traders Guide

Upgrade to the indicator -- New parameter setting: ShowRange  If left blank: the range is not displayed.  If non-blank: type the format mask (info in the OutputString = NumberToStr(n,"mask") section here), and the day's range (low to high) in pips ...

Daily high/low histogram indicator

I saw this cover of 'Levee' maybe 3-4 years ago, managed to find it again yesterday. Just the kind of musicians you'd like to have living next door...... LOL

Billytt Die happy trading e/j daily breakout

Please see 'MT4 Programming' section here.

Fixing Your Indicators or EAs (Free)

I'm replying here because I don't wish to help prolong a thread that draws attention to suicide. Good post IMO. I won't elaborate, as I've already expressed my views, and I've no wish to repeat them ad nauseam, like the skeptics do. No ...

Hanover replies to PMs

I didn't think you were pointing any fingers. FWIW I posted some thoughts on the use of currency strength meters here, here, here and here.

Best Currency Strength Meter and why?

There is a list of programmers in the 'MT4 programming' section here that you might like to try. (@herbie88): Googling something like 'Kalman filter MQL4' returns plenty of hits, e.g. here here here etc -- not sure if these are the type of solution ...

Need a Pro Coder

Thanks for posting the link to Mr Marwood's research. It looks like his tests were run on the S&P, as opposed to currency pairs. I don't know to what extent stocks might move differently to currencies, although it makes sense that there would be ...

Hanover replies to PMs

What is the best moving average (or price-following indicator)? I'm not a big fan of moving averages (reasons below), hence you would possibly be better to ask somebody else. However, my views, for whatever they're worth, are as follows: #1. Trend ...

Hanover replies to PMs

Upgrade to the indicator -- New parameter setting: ShowDayAndDate  If left blank: the day/date is not displayed.  If non-blank: type the format mask (info in the OutputString = DateToStr(date,"mask") section here), and the day/date will display on ...

Daily high/low histogram indicator

Try this thread. The indicator's MQ4 file was written before Feb 2014 and hence might need compiling using this. (Also see this). I've never used this indicator but it sounds like it will do what you're asking. [EDIT] I've compiled the (supposedly ...

Hanover replies to PMs

As I pointed out here, I tend to use PSA merely as a rough guide to confirm fundamental analysis on longer time frames. I don't know if there are any optimal settings, as such, that would capture particular moves that might occur repeatedly on ...

Best Currency Strength Meter and why?

It's possibly partly my fault. If I recall correctly, the bid_ratio approach originated from a request back in 2009 to specifically adapt this spreadsheet into an MT4 indicator. I'm only guessing, but I suspect that one reason it's maintained its ...

Best Currency Strength Meter and why?

I can't be 100% sure, but it's possibly because these are old indicators that were created prior to MQL4 build 600, when the programming language was changed (back in Feb 2014). I've compiled the MQ4s in the above posts using the build 509 compiler ...

Multi time frame moving average question

Moving averages are not necessarily that helpful to me personally, but since I wrote the indicator, and if you can explain exactly what it is that you want more clearly, I'll consider your request. In its existing form the indicator plots a 2 ...

MA dashboard indicator

For me, the critical question is this: given the way that the banks/institutions move price around during the day, are these moves large, perceptible and 'clean' enough to be systematically exploited? To whatever extent the trader waits for ...

1% to 3% Per Day? All things are Possible

Many thanks for the info, I'll check them out.

Hanover replies to PMs

I just phoned Global Prime and unfortunately they are now unable to accept NZ clients. But my understanding is that Axitrader will continue to do so. I have a couple of NZ-based friends who have accounts with Axi.

Hanover replies to PMs

I've lived in Hamilton, New Zealand since 1972. Back in 2006 when I started trading Forex I had MT3/MT4 accounts with two NZ-based brokers, firstly WSD and then Latitude FX. I had a friend who worked as an account manager with WSD and I visited ...

Hanover replies to PMs

If you ever set up your own fund, please don't bother sending me a prospectus........LOL I was merely replying to the first post, I didn't see anything about 150M, just that he lost 1.2M and 300 subscribers got burned.

How to lose 1.2 million dollars and burn 300 subscribers