You'd need to either find a programmer who's familiar with option pricing models (Black-Scholes?), or otherwise provide a specification with a complete, step-by-step explanation of the exact calculations required. My understanding is that the B-S ...

Implied Volatility w/ Deviation Levels

Many thanks, and best wishes for 2018 to you also.

Pair Strength Analyzer indicator

You need to use a monospaced (instead of proportional) font -- explanation in wikipedia. This applies to all applications, not just MT4. For example, see the screenshot below -- an old version of Microsoft Word: image PSA displays both the symbol ID ...

Pair Strength Analyzer indicator

The .mq4 source file is attached to post #366, if anybody wants to upgrade or modify the indicator.

Daily Boxes/Lines indicator

FWIW, as far as I can tell, this is how the calculation works: The indicator originally calculated a simple MA with a period of oneminma on a daily chart, for every one of 27 currency pairs (excluding EURCHF, which is more complex). I've changed the ...

Need weekly time frame added to indicator

There's no right or wrong answer IMO. It depends on your strategy, and what you're trying to achieve. Obviously the more pairs you're monitoring simultaneously, the more work that's needed to keep track of everything. If your strategy involves ...

Has trading correlated pairs damaged my trading?

I didn't check to see how Bill's indicator calculates strength, but here are some other indications that US dollar (black line in the third screenshot, white line in the fourth) has indeed been weak, relative to the other majors, over the last few ...

Need weekly time frame added to indicator

Too late Bill, I'm already married! I've modified the indicator to use a variable timeframe. Hope that is what's required. Simply set Timeframe to W1 to get weekly (the indicator previously operated using daily). I've also changed the display ...

Need weekly time frame added to indicator

Thanks, but I merely post my opinions, right or wrong, just like everybody else. If your post is directed at me, then I'm sorry, I don't have such an EA. I assume that you're asking for an EA that checks to see whether any orders have triggered ...

Hanover replies to PMs

IMO you're almost certainly right. I'll post here, where my reply can't be blacked out by the OP. The limitations of KISS I'm neither knowledgeable nor bold enough to state categorically that KISS ("keep it simple") can't possibly work. But I think ...

Hanover replies to PMs

I don't know; it's working correctly on my computer (MT4 build 1090; Windows 7 64-bit Home Premium SP 1). See screenshot: image Make sure that you're using the EX4 file attached to post #57. Delete the MQ4 file. In your screenshot, it looks like ...

Indicator based on different currencies

NC, I was reviewing some posts on Boxing Day. Perhaps I'm being unduly pedantic, but I'm not sure that this is correct now. The coin is being selected by an overriding 50/50 process, effectively making the outcome a completely random walk, just as ...

Hanover replies to PMs

If I understand correctly, the obvious use would be to warn you of upcoming news, plotted on your MT4 chart, so that you don't have to also refer to the FF calendar. All of the news indicators that I've seen get their information from this source, ...

Yet another news reader...

Welcome to Forex Factory and many thanks for your efforts here.

Script to unscramble binary (e.g. FXT) files into readable fmt

@anybody_who's_ interested: here are many interviews (audio podcasts) with successful traders, including a few very famous names. You'll likely gain more wisdom by listening to some of these, than trying to find a holy grail system on trading forums.

Hanover replies to PMs

Michael, Welcome to Forex Factory. Many thanks for your kind words and your contribution here. Best wishes for a safe and happy festive season and a prosperous 2018. David

Recent Strength indicator

It also depends significantly on whether sentiment amongst heavyweight traders is currently 'risk on' or 'risk off'. If the market is willing to accept risk, commodity currencies (AUD, NZD, CAD) tend to strengthen; when the market is risk averse, ...

Why AUDJPY changed its direction so quick

Not sure exactly what you're referring to, but if you want to stop the the items highlighted in the screenshot of the Recent Strength indicator from being displayed, then set LegendValues and LegendVertSpacing to blank. See the instructions in post ...

Recent Strength indicator

Many thanks for the links. I'll read the articles when I get a chance over the next few days. Obviously it's the choice of every individual as to what information he deems to be useful, in terms of his own knowledge/trading. I'm away for a few days ...

Hanover replies to PMs

Many thanks for your prompt, honest and comprehensive answers. I do recall watching a couple of your price action videos on YouTube, but it was a long time ago! I saw the new thread just now and was wondering if/how your course material had been ...

RTM Academy