Zseventy1, (assuming I understand correctly) plot a moving average with Period=1, MAmethod=Simple, ApplyTo=Open, Median, Typical, etc. Then if you want to blank out the underlying line/candles: press F8 and set Line graph=None. Then switch to a line ...

Question about Line Chart Settings in MT4 Platform

Fibos and floor trader pivots — Shauny, see my post here: url Also here: url Happy New Year, David

Standard Pivots and Fibonnaci Pivots?

What happened to the "Happy New Year" spirit? — Some guy has instant success, and almost everybody wants him condemned. What happened to the "Happy New Year" spirit? Apparently everybody has jumped to the conclusion that Forex2money ...

i doubled 5k to 10k in a days

Some more of my thoughts on RR here: url for whatever they might be worth. David

The risk/reward ratio

Hi Aothman A trader decides at what price he would like to enter a trade. Then he sets a stoploss, which is an arbitrary price at which he will exit the trade on the basis that price is moving unfavorably, at which point he wants to cut his losses. ...

The risk/reward ratio

Lies, damn lies, and statistics..... — I don't think there's necessarily a right or wrong answer to the original question here: whenever we use averages to express a summary, or percentages to express a ratio, it's only ever the underlying ...

What's my true return?

JohnW's method is to some extent discretionary. Even if I were to trade 20 successive losses and journal them here, it would prove nothing, except that I'm probably not trading JohnW's ideas the same way that he would have. And whatever might be ...

The Holy Grail (trade posting thread)

Hi Bruce, Many thanks for your words of encouragement. You're correct when you say that it's necessary to run the update on a weekly basis. Perhaps keep in mind, though, that sometimes news events get added to FF calendar, or rescheduled, while the ...

FFcal - Plot News indicator

Hi Arnold, My responses in blue typeface. Seasons greetings, David

FFcal - Plot News indicator

Hi Pips4life, Yes, in addition to the news sourced from the FF calendar, you can add your own manually-entered events, for swap, server resets, even doctor’s appointments, if you like. In its current form, the indicator doesn’t sound an audible ...

FFcal - Plot News indicator

I guess it depends what is meant by random. By "a la Malkiel", I was attempting to explain the obvious consequences of a completely random walk, just like you describe re lotteries. But hopefully by saying "IF" (I did try to emphasize "IF"), I ...

The Holy Grail - Found

FXAnalytics, Magnificent post! Many thanks for sharing. (Every post that says something like "attaining consistent profit is difficult" makes me feel a little less stupid, that after 6 years, I haven't been able to achieve it). There are ...

$100 to $100K in 1 year...

Rorieu, I have never experienced a problem like this. I've checked the content of the c:\windows\system32\autoexec.nt file on my computer (since it seems to be the one your error message is referring to) and it has a comment: "AUTOEXEC.NT is used to ...

FFcal - Plot News indicator

Blue, I read it much the same way as you. There's supposed to be no structural bias to the forex market. In other words, it should be possible to turn a chart upside down and employ the same trading strategy. The underlying premise is stop hunting. ...

The Holy Grail - Found

Expectancy and randomness — I'm not saying that I disagree, but the implication is that without expectancy ($ won/$ lost) we have no objective way of comparing systems. Moreover, how can one prove that one's method even has an edge? I remember ...

The Holy Grail - Found

John, mathematically your argument is irrefutable, IMHO. Any method offering significant positive expectancy has got to be 100% acceptable. But I guess it's understandable that some traders find a low win rate too difficult to stomach, emotionally, ...

The Holy Grail - Found

RR in itself is ultimately meaningless — Interesting discussion. IMHO RR in itself is ultimately meaningless. Here's my logic: Consider a hypothetical simulation where price has an exactly 50/50 chance of rising or falling. The trader who sets ...

What do you think of Risk/Reward ratio?

Mr Bro, a tighter stop would easily solve this problem, but I suspect it would reduce the win rate accordingly. A 97.5% win rate AND an RR = 2 equates to a Profit Factor of 78....... the Holy Grail squared !! David

The Holy Grail - Found

Skunny, I'm suitably humbled. All I can say is that I'm glad that others will gain insight from your posts. Again, many thanks for sharing. I didn't discover this thread because, of late, I've been keeping to the "Beginner Q&A" and "MetaTrader" ...

Indicator Free Trading - Skunny

As has been already said, BBs show how far statistically price lies away from a mean. The factory setting is normally 2 standard deviations away from a 20 period simple moving average (SMA). * When price moves into sideways congestion, BBs constrict ...

Let talk about Bollinger Bands.