Thanks. I'm glad that you were able to pick up on this, and fill in a lot of the gaps, as my knowledge of quant trading methods is skimpy. Also, I'd be interested to get your views on Daniel Fernandez, if it's not too much trouble. Many of the ideas ...

Hanover replies to PMs

I'm much less qualified to answer this then the quant traders around here. I've become less of a fan of backtesting, or indeed any kind of testing, as my trading journey has progressed. I'm not sure the extent to which we can depend on past results ...

Hanover replies to PMs

Many thanks for this indicator, it works very well as an adjunct/foil/confirmation of the Better Volume candles that I use on M15.

Fast Markets Indicator

It's supposed to highlight higher probabilities of turning points (for example, price sometimes reaches exhaustion when the red/green climax volume candles reach the S/D zones -- similar concept to that in the PVSRA threads), rather than being ...

Timing is everything but time is worthless

OK let's start with the basics and then gradually work towards a more complex scenario. We are looking at two currency pairs: EU and GU. LengthsForRegr is set to 20, so we are looking at 20 period regression line only, and PeriodsForRegr is set to ...

Pair Strength Analyzer indicator

I have compiled the indicators in post #1 for you without any errors, using the technique I described in post #13. Had to change one of the filenames as it was too long.

Weekly open Breakout Box

It depends on how you define MM. It's possible mathematically to gain an edge from exits/trade management, but not from position sizing, unless you can get larger positions to coincide with the winning trades. Otherwise it becomes a game of hit or ...

Do you manage losers and let your winners run?

Time can also be useful in this context: the gray histogram in the screenshot shows the relative probability of the daily high/low being formed at any given hour of the day (00-23) for the charted instrument. Combine with ADR, orderflow, volume, ...

Timing is everything but time is worthless

To whatever extent the probability of (price) continuation exceeds the probability of reversal, cutting losses quickly and letting winners run will deliver positive expectancy (ignoring costs). That is the rationale behind trend following systems. ...

Do you manage losers and let your winners run?

I'd guess that it's a pretty good starting point.

Hanover replies to PMs

It's because trading involves the pursuit of money; and money is a catalyst for greed and egotism at one end of the spectrum, and envy and hatred at the other. All trading forums work much the same. Tell everybody you're a gung-ho trader and you'll ...

helping humanity in my own small way

See this.

Weekly open Breakout Box

The code doesn't need updating. All that's required is for the other files be placed in the correct folders, and the MQ4 file compiled using MetaEditor/compiler build 509 (see this). I've attached the resulting EX4 which compiled without errors. ...

I will code your EAs and Indicators for no charge

I've attached the latest version of RS that I currently have: file [NOTE: you can try running this app, if RS takes too long to load data for all of the 28 major pairs x 9 timeframes.] If you want the latest version of CSM, see post #735. Both run ...

Recent Strength indicator

I wrote the attached script a few years ago. It will print all of the details about selected objects on your chart to a CSV file. Install it in the ..../MQL4/Scripts folder: file NOTE: If you want the .mq4 source to compile/run without errors, ...

Metatrader Export: how to export objects and text in chart?

Thanks for sharing. Mark Jurik has developed some nice TA-based tools, beating the 'lag-smoothing-overshoot' conundrum that's inherent in indicators that use linear averaging.

Jurik indicators

If you're genuinely a profitable trader who is willing to mentor others for free, then this is a very generous offer. However, as you probably already know, the trading industry is full of charlatans, with their false promises and worthless ...

helping humanity in my own small way

See this post although this refers to a very old indicator and I don't know if it will work on the latest MT4 builds. Probably your best option would be to find a different strength meter that already has push alerts. There are dozens of strength ...

Recent Strength indicator

Indeed, that's a good question! Perhaps I should have said "Unless you know why the market behaved as it did -- assuming that is even possible -- there is nothing meaningful ....". However, I believe that the ultimate 'why' is all about the ...

Only losses

No offense to anybody, but I have doubts about the above premise. A few reasons why: #1. To whatever extent trading is a game of probabilities, you cannot hope to learn from the outcome of any single trade, but only by studying the results over a ...

Only losses