Jerome, If you want past and future news events plotted on your MT4 charts, see: url Or you may prefer Derk Wehler's version, which (if I understand correctly) shows the time countdown and description of upcoming news events: url Best wishes, ...

how can i know the real time for news

Oei168, here's a link to the pivot indicators that I like to use: url Hope this is close to what you're looking for. If not, there are plenty of others. Just type "pivot" into the forum search facility, and/or look at the "Similar threads" area at ...

looking for indicators for paint pivot area

I use midnight New York time as the cut-off time for the daily pivots, but I'm not sure whether this is optimum. My MT4 version is GMT+1, and New York is currently GMT-5. Hence I enter a value of '6' into StartHour. David

Customizable Daily Pivot Point with mid-levels

Stops are 30 pips. The method's been explained back at post #241 url David

The Holy Grail - Found

Vhek, if you're willing to use the internet, there are plenty of free resources explaining technical indicators. Here are some links to get you started: Technical Indicators url url (see links on right side of screen) url url url (see ...

Book that explains different indicators

Hi Dani, I got your e-mail and downloaded your news.csv file, but haven't been able to obtain this error message. Everything works fine on my computer. I checked the Experts and Journal tabs and there were no error messages. So if there's nothing ...

FFcal - Plot News indicator

Mac, this sounds dangerously like a triple bottom to me. Skunny and Bo, I've just caught up with this thread. Because I live in New Zealand, it's most unlikely that I'd be able to attend (a real shame, as I'd really like to meet you guys), but if ...

Trading Workshop Possibility - Skunny & Bobokus

Hi Dani, I've not seen this error message before. I'll PM you my e-mail address. Please e-mail me the News.CSV file and I'll investigate further. Somehow I think there might be something wrong with the format of the file. David

FFcal - Plot News indicator

Hi Rick The following is perhaps a little cumbersome, but at least it doesn't require any programming. 1. Place a rectangle (Insert > Shapes > Rectangle) on your chart, in approximately the right place. 2. Double click to select it, then drag the ...

tool/indicator for price areas

Glen, MagnumFreak is correct. Here's another way, since you already have the indicator in MetaEditor: Press F5 in MetaEditor to compile the indicator. Check that you get the message "0 error(s), 0 warning(s)" Return to MetaTrader and press Ctrl-N to ...

Custom Indicators

Simple steps toward stress free trading — 1. Find profitable price patterns/setups and devise entry/exit rules to exploit them (for me, that's the most difficult part). Be as selective as is necessary. 2. Keep testing until you're convinced ...

stress free trading...

Thanks, MrYoyo. It takes up less space than the CandleAggregator indicator. With the BGcandle=false, it's possible to see both the Custom Candles and the base candles clearly, on the same chart. Nice work! David

Problems with Customcandle.mq4

[SIZE=2] [SIZE=2]Thanks guys for the links. So – if I understand correctly – unlike the equity markets, where the heavyweight ‘enemies’ are large speculators on the same tier, the forex market is a hierarchy, and hence the ‘large’ or ‘strong’ ...

The Holy Grail - Found

Holy ravioli, Batman! Five aces in 18 holes? That makes a 97% win rate trading seem like child's play. _________________ Now I must plead ignorance, and ask how stop-hunting works. Here's my understanding - anybody, please confirm whatever is ...

The Holy Grail - Found

I agree. The coin toss is about random independent events, while the boxer analogy is about bias. Unless one has evidence of trading wins and losses clustering together that is statistically valid, expectancy should be assumed to be constant. The ...

Forex using casinos methods

It's not just Wikipedia - Google "gambler's fallacy" and you'll see what I mean. I chose Wiki because I thought it summarized the rationale as well as anywhere else. Here's something to consider. Suppose you've tossed 50 heads in succession, so you ...

Forex using casinos methods

Jody, with a 60% win rate the probability of having a 6 trade losing streak in any sequence of 50 trades is about 17%. (See the link in my earlier post for the probability table). If you start at 2% risk, and double each time using the martingale, ...

Forex using casinos methods

Riskless? What can you possibly mean by this? That your win rate is a guaranteed 100%? That a trade can't possibly move a single pip the wrong side of your entry point? If the forex market provides opportunities of perfect arbitrage, then contrary ...

What's your edge?

Excellent explanation, Chester. For some reason people seem to think that they can decrease risk with the martingale by starting out using microlots. But that cuts back the winners in exactly the same proportion. The ratio of return to ...

Forex using casinos methods

Gaming theory supports Phil’s thesis. One needs to have demonstrably higher-than-normal expectancy, to justify an increase in position size (risk). BTW, that’s how the Blackjack pros milked money from casinos during the 1970s-80s: dramatically ...

Discretionary money management?