Whatever tools (indicators and/or PA) you use, you're basically entering on either breakouts or pullbacks, and exiting using trailing stops and/or profit targets. My own approach involves trends, S/R (especially confluences), momentum and certain ...

Why Indicators will fail you

Another major reason the odds are stacked against us........ — Trends exist: there's no doubt about it, price moves from one extreme to another, across all timeframes. That's the good news. But, in the context of a move....... 1. Consider the ...

Odds staked against us?

Packman, welcome to the forum. You could try url and/or url and use their search facilities. I can't promise anything, but they (especially forex-tsd) have a wealth of custom MT4 indicators. And dont forget FF's search facility. Good luck, ...

New indicators

Step by step instruction guide for getting started — The attached XLS is a step-by-step instruction guide for getting Plot_News up and running. I will eventually attach it to post #1 (although I think each post is limited to a maximum of 7 ...

FFcal - Plot News indicator

Jodie, please see the first screenshot below. Set the Window parameter according to where you want the news events to be printed (0, 1, 2, etc). This window must already exist, else you will get the error "unknown subwindow number for ObjectCreate ...

FFcal - Plot News indicator

The fixed version is now included in the ZIP download in post #1. To the 9 people who meanwhile downloaded the faulty version, my apologies. Please download again. David

FFcal - Plot News indicator

P4L, the doc files haven't been updated for several months. LOL. Possibly apparent from the number of times they've been viewed (the count is reset to zero each time a new file gets uploaded). I hope to eventually replace them with links to ...

FFcal - Plot News indicator

Version 1.31c is now available directly from post #1.......... — GFC, thanks for the feedback. Note to everybody: the latest version of Plot_News (see post #405 above) has now been added to the ZIP file in post #1. David

FFcal - Plot News indicator

MT4 colors — When changing the color parameters on an indicator or line study, instead of choosing one of the 132 preselected colors, you can either click the Custom button, or simply type in R,G,B where R = the red component, G = the green ...

MT4 navigational tips and techniques

RR, if I understand correctly: -- the JPY pairs will use 2dp with a "normal" broker; and 3dp with a broker that uses an extra dp; -- the other pairs will use 4dp with a "normal" broker; and 5dp with a broker that uses an extra dp. So JPY pairs will ...

Detecting brokers who deal in 1/10ths of a pip.

Plotting news events on MT4 charts — Slide, it looks like I'll have to take legal action against Oanda - they've stolen the same idea that I developed some time ago. LOL. Seriously though, if anybody's interested in an MT4-based facsimile of ...

New Mouteki Method...

Monkey, my understanding of what is meant "self-fulfilling prophecy" is this: if enough influential traders believe that a reversal is going to occur at a significant point (e.g. S/R, or Fibo retracement area), then they will place their orders ...

New Mouteki Method...

Fred, welcome to the forum. You need to use MTF (multiple time frame) indicators. All the ones that I have in my archive here, are in the attached ZIP file. In most cases, set the timeframe parameter as 1, 5, 15, 30, 60, 240, 1440, 10080, 43200 for ...

Importing and viewing indicators from other time frames on one chart (time frame)

Dagoods, it's possibly not so crazy; translating a "visual abstract" like S/R into programmable rules is not necessarily a trivial task. It so happens that it's one of several projects that I'm currently working on. I will post the resulting ...

Horizontal S&R lines

MrTrader, You're perfectly entitled to ask for anything you wish. Whether anybody chooses to down tools, and make the time and effort to research a reply, is their choice. For many of us here, time is money. No offense, but perhaps some people were ...

Indicator code, please

I can't really comment on your system, without testing it extensively myself. I've gotten so familiar with my own approach, that I'm kind of brainwashed into thinking in a certain way. Also, I'm very busy programming EAs and other indicators, so I ...

FFcal - Plot News indicator

Bruce, thanks for the feedback. Not sure I understand your comment about my being a marketing expert...... Plot_News is free, I'm not selling anything. If you want to post a chart: -- In MT4, choose menu option File/Save as Picture, then "Active ...

FFcal - Plot News indicator

Joko, the symbols move around with the price correctly, in the version that I posted. If you set AutoRefresh = true, they adjust once every minute. Use the VertSpacing parameter to adjust how far away from the price you want the symbols to be ...

FFcal - Plot News indicator

Keyser, remove the Plot_News indicator from your charts. Then check your broker's MT4 time (in the the top of the Market Watch window), and your computer's time. There will still be 1 hour difference. It has nothing to do with the Plot_News ...

FFcal - Plot News indicator