Thanks for your responses. I’ve decided to continue maintaining Plot_News for the meantime. V 1.20 (see post #220) includes a complete overhaul of the FF calendar processing logic. It is conceptually more robust than previous versions, which should ...

FFcal - Plot News indicator

Version 1.20 is here........ — Hi all Attached is the latest version of both FFcal.EXE and the Plot_News indicator. V 1.20 incorporates a complete rewrite of the FF calendar processing logic, to accommodate its new HTML format (red typeface in ...

FFcal - Plot News indicator

OK, thanks, I think I see why you are suggesting this now, i.e. to maintain his existing entry and exit rules (since he is satisfied with his system). I agree totally, as I said at the start of the second paragraph of my previous post. The key is ...

Risk:Reward vs. 2%

Hi Ubeee Interesting ideas. I would like to understand more about their underlying logic. IMHO the risk % (position size) should reflect the expectancy on a given trade, relative to other trades. For example, if one is going to double the position ...

Risk:Reward vs. 2%

Hi Fourth When you talk about a profitable "system", do you mean entry, or both entry and exit? I ask this question because it sounds like, despite testing, you have unresolved issues regarding exit (i.e. stoploss point). IMHO system performance is ...

Risk:Reward vs. 2%

Hi Aidan The format of the calendar HTML was changed at one point (example: red typeface below), but now appears to have been changed back again (example: blue typeface). --> </script> </td> <td class="alt2 espace" style="text-align: center;" ...

FFcal - Plot News indicator

Randomness — IMHO the underlying reasons behind price movements ("fundamentals") are definitely not random, as every participant in the market supposedly acts with singular intention. These folk may include commercials hedging to insure their ...

Much of What You Know About 4X is Wrong!

Hi Trustdoc7 Assuming I understand what you mean by a signal line, the attached SMI indicator has one. Welcome to the forum David

Stochastic Momentum Indicator- SMI

Hi Pilofe You have voted, just by saying that you wish to continue using it. Thanks David

FFcal - Plot News indicator

End of the road for the Plot_News indicator?? — Hi all It looks like the FF developers have changed the HTML format of the Calendar once again. No news gets plotted on my charts now. I'm afraid that this may be the end of the road for the ...

FFcal - Plot News indicator

In one of Metaquotes' EA trading competitions, there was an EA (from memory it was called something like 'Robin Hood') that operated with a 6 pip target and a 140 pip stoploss. It finished in the top 10 with a 100% win rate over something like 26 ...

Now I know why 95% of traders are on losing side

Seeking, I don’t take offense but I hope you realize that everybody here is trying to contribute something constructive, and the posts don't break the forum rules (profanity, racism, bashing others, etc). I know this is stating the obvious, but ...

Much of What You Know About 4X is Wrong!

Gooner, superb post that I'm sure that virtually all of us can relate to. A Blackjack pro will always double down whenever he holds 11 versus the dealer's 6. Even if he lost the last ten times doing so, he will continue to make the ...

Much of What You Know About 4X is Wrong!

This overused cliche likewise makes the underlying assumption that one already has a positive expectancy system. Setting stoplosses and conservative position sizes will preserve capital and keep one in the game longer, but if the system doesn't ...

Much of What You Know About 4X is Wrong!

In terms of profitable exits, the theoretical answer has to be that one should exit when there is evidence that the probability of reversal exceeds the probability of the favorable move continuing. The reality is that such probability is virtually ...

Much of What You Know About 4X is Wrong!

At the risk of being pedantic, this can be correct only if there are aspects of identifiable non-randomness in price behavior, and one has (whether knowingly or not) somehow already established a method capable of systematically exploiting them. ...

Much of What You Know About 4X is Wrong!

Micro, excellent post! — Micro, excellent post! A random generator like coin tossing will produce "trends" of successive heads, or successive tails, but (just like you say) the "trend" has an equal probability of either continuing, or ending, ...

Much of What You Know About 4X is Wrong!

Hi Lowellecj, Default cursor can't be changed from arrow. However, click mousewheel (or press Ctrl-F) to switch to crosshair, and then left-click to return to arrow. Also, while crosshair on, drag (with left mouse button held down) to use the ...

Crosshair

Simple: The main reason most traders lose is randomness plus costs. Trading is a negative sum game. David

Now I know why 95% of traders are on losing side

Hi Samiong7 You can change the timezone to anything you wish. Make sure that you are running version 1.12 of FFcal. The version number is shown in the blue title bar of the main program screen. If not, download this from post #197. Run the FFcal.EXE ...

FFcal - Plot News indicator