Also, here's a screenshot of a heatmap that I use. The code used to form the boxes is: name = shortName+t+k+i; if (ObjectFind(name) == -1) ObjectCreate(name,OBJ_LABEL,window,0,0,0,0); ObjectSet(name,OBJPROP_XDISTANCE,i*66+100+gaph*(t%2)); ...

Indicators development for T101's not very simple method

Wingding codes — RR, see attachment below. David

Indicators development for T101's not very simple method

QS, perhaps try this or this. Good luck, David

Timezone or Trading Hours Indicator

Demark supply/demand levels? — Fercan, These look like Tom Demark supply/demand points - more info here. If so, something like this should produce a similar result: #property show_inputs extern int TimeFrame = 240; extern int LookbackBars = ...

how to use fractals?

Mtarek, I expect that, to make Larry Williams-like returns with only small risk, one would need an accurate system that provides a decent edge, and trade small enough timeframes to allow frequent compounding. Re your question on profit targets, ...

Trading Support, resistance and trendlines : a beginner's question

Possible returns — Re the earlier comments on average ROI, I suspect that much depends on the type and accuracy of one's system, the timeframe being traded (scalping, intraday, swing trading, position trading, etc), and the position sizes. By ...

I have had enough :

Birdt, an excellent series of posts, IMHO, many thanks for sharing. David

Trading Support, resistance and trendlines : a beginner's question

Lots, pips, risk, leverage. margin, spread, order types, swap, etc all explained — Trujillo, Contract sizes 1 lot = 100,000 units of the currency bought or sold 1 minilot = 10,000 units bought/sold = 0.1 lots 1 microlot = 1,000 units ...

True Leverage in MT4

Sando, did you check the links in the 'Similar Threads' area at the bottom of your post? The thread titles suggest some promising possibilities there. Also, perhaps have a look at these EAs: url url I can't promise that either will meet your ...

Closing multiple trades on MT 4

Vorschlag, does the attached meet your requirement? David

indicator that shows length of the previous candle's body

Soya, perhaps have a look at these EAs: url url I can't promise that either will meet your requirement (I've never used them), but I bookmarked them both for future reference, because I thought that they looked very comprehensive. If I've wasted ...

Trade management help

137, which broker's version of MT4 are you using? I'm running a demo account on Alpari, and a few days back they added a decimal place, so that the non-JPY pairs are now X.XXXXX and the JPY pairs XXX.XXX Is this what's causing your problem? If so, ...

Common Error?

Tugun, I believe this is Jacko-speak. Clearly, much depends on the zoom level, which changes the number of bars being considered. Below are three current GBPJPY,M15 charts. Based upon this definition, charts 1 and 3 show an uptrend, and chart 2 a ...

The trend is your friend Myth?

Interesting, FXoffshore, sounds very similar to Elliott Wave theory, but with an adjusted wave count (if I understand correctly). David

The trend is your friend Myth?

Pug, see this recent thread. The link happens to be to my own post, but there are some excellent posts by others, who are more experienced than I am, in the same thread. David

I have had enough :

Trujillo, my repsonses in blue typeface. David

True Leverage in MT4

I would say that a trend is an abstract, that (like virtually all chart patterns) looks most obvious in hindsight. Most traders define a uptrend as a sequence higher highs and higher lows; a downtrend, vice versa. Of course it's debatable as to ...

The trend is your friend Myth?

Jeff, these are MT4 "executables" rather than "extensions". Simply copy them to the appropriate folder (explained below), then quit and restart MT4. Then when you press Ctrl-N to open the Navigator, open the "Expert Advisors", "Custom Indicators" or ...

Extension files .ex4

Some problems and pitfalls with news trading — Cod3, news trading might look simple enough when you view the effects on the charts retrospectively, but in real time it's not necessarily so, at least for the small retail trader. Firstly, with ...

Fundamental Trader DailyFX MQL4

FF, not sure if I'm answering your question, but you can press F5 and Shift-F5 to cycle forwards and backwards through the different profiles. MT4 hotkeys and other info here. David

Switch charts automatically?