A word about hedging and MM — One of the biggest myths in forex is that MM methods (e.g. hedging; scaling into and/or out of postions; position sizing systems; etc) actually offer long-term benefit. If there was an MM method that in itself ...

Buy/Sell Stop MM Strategy?

Eagle, If you adopt the traditional approach, you're net long (assuming an upward breakout) upon initial entry, and net neutral (out of the market) after the stoploss gets hit. Then net long again after you re-enter at the breakout point, and so on. ...

Buy/Sell Stop MM Strategy?

I think the net result is the same both ways — Delfino, assuming that I understand correctly, I don't think it makes any difference. Let's take an example, where, doing it in the 'traditional' way, you have TP=30 and SL=10. Then every time ...

Buy/Sell Stop MM Strategy?

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Can you actually live off Forex trading?

Luda, it will certainly be an interesting thread. David

Can you actually live off Forex trading?

Maarten, this topic was also discussed recently here. David

Fibonacci does work?

TD, Re "statistics are king": -- IMHO, where MM is concerned, gaming (expectancy) theory is king. -- Where price movement/patterns are concerned, they can't be predicted with any real accuracy. The best we can do is backtest, and assign the ...

100% Win Math Grid Ea

Pipologist, I got Ronald's EA to work using System Tester, as follows: 1. Copied the SynergyTradingMethod.MQ4 EA into the ....\experts folder 2. Copied the HeikinAshi.MQ4 and TradersDynamicIndex.MQ4 indicators into the ....\experts\indicators folder ...

MTF Synery Trading - Testing purpose

Another thought — Let's assume that it's possible, by using ideas similar to those described in posts #90 and #91 (and possibly others, also) to reduce the risk of blow-up to something tiny, e.g. 0.0001% per block of trades. So a blow-up might ...

100% Win Math Grid Ea

Pisara, you may be right. I guess that ultimately the only way to find out would be to code and test your idea. But (without thinking through the possibilities in too much detail) here is my main cause for doubt: Costs make trading a negative ...

100% Win Math Grid Ea

I was talking about re-designing the algorithm, but you're probably correct. Like I said, it would need a lot of thought. You might be correct. Depends on whether it's easier to forecast an impending increase in volatility, or a future price target ...

100% Win Math Grid Ea

Maarten, you're correct. Given enough time, the EA will always blow itself up. That is due to the way that the MM works (which is explained in the earlier posts in this thread). The equity curve that you posted will eventually blow up. It might ...

100% Win Math Grid Ea

ZT, I don't believe this is possible. But you could code and immediately run a script with a time delay, something like this: while(1==1) { // loop indefinitely if (TimeCurrent() > D'2008.10.07 01:09:00') { // wait until this date/time is reached ...

how to excute a scripte at a time

This is correct. A sell limit order can only be placed above the current price, and a sell stop only below the current price. Attached is the relevant section from MT4's on-line help. David

MQ4 sending Pending Orders with OrderSend

Response to programming requests — In addition to the general requests in this thread, I’ve had a couple of PMs asking me to modify this EA. I have four current or pending programming projects (for “Mike”, “Jason”, “Andrew”, “Geoff” – they ...

100% Win Math Grid Ea

His customers are lucky that he's teaching Fibos and not Martingale. David

New Mouteki Method...

Is “luck” really the underlying issue? — I know I said I’d left this thread. But if TD is allowed to parole himself temporarily out of his retirement, then….. Let’s return briefly to first principles. To generalize for the sake of brevity, ...

Admit it - your profits are based on luck

Mikkom, the indicator's second parameter is the number of std devs, i.e. 2. So it assumes the upper and lower BB boundaries are each drawn 2 std devs above and below the median line, respectively. The width given by this indicator is the number of ...

FFcal - Plot News indicator

Kent, assuming you're referring to the lines in Window #0 in post #438, they are daily pivot levels, and can be downloaded from post #2 here. ___________________________________________________ Monotomia, Alpari is currently GMT+2 (note: London is ...

FFcal - Plot News indicator