Another problem with discussions like this is that the word "random" means different things to different people. FWIW here's how I understand it: The market is "random" in the sense that it consists of a mix an anonymous participants whose agendas ...

Proof That Forex is Random video

MT4 can't read Excel directly. But if you exported the data in CSV format, then it would be easy for a programmer to create a script or indicator that reads the file and plots the lines. (For example, I wrote an indicator that reads trade ...

Excel price levels export to mt4

I've updated post #1 with enhanced versions of these indicators.

MT4 Trades History indicators

This is a pointless discussion, because (1) "technical analysis" means different things to different people, and (2) everybody is limited by the boundaries of their different levels of existing knowledge -- and, dare I say it -- to some extent their ...

Proof That Forex is Random video

It depends on daylight saving in your local time zone. If you live outside the UK/Eurozone, then London/Europe/Swiss sessions all start an hour earlier, while UK/Eurozone is on daylight saving. If you live outside the USA/Canada, then New York ...

Hanover replies to PMs

Please read 'MT4 Programming' section in post #1.

Hanover replies to PMs

The quickest way I've found to force a refresh of all indicators on a chart is simply to switch to a different timeframe, and then back again.

Hanover replies to PMs

No, it can be removed. I've just fixed the instructions in post #1 for DLB. Thanks for pointing this out, and sorry for all of the inconvenience I've caused you. After 11+ years of FF I am old and jaded and I can't keep track of everything I've ...

Hanover replies to PMs

The indicator will do whatever its code tells it to do, whenever a negative value is returned from StrToTF(). However, if you use the version I attached to post #855, then there is no RefreshPeriod -- the lines should simply plot once only, when the ...

Hanover replies to PMs

I just checked the instructions and it looks like that's exactly what's happened. The instructions stated that the parameter name was 'RefreshEveryXMins' and not 'RefreshPeriod' !!

Hanover replies to PMs

I probably wrote the original DLB indicator before the StrToTF() function, then when I updated all of my indicators/EAs to use the function, I forgot to update the instructions in the DLB post. Thanks for pointing it out, I will change the ...

Hanover replies to PMs

It just occurred to me that maybe I didn't explain how the RefreshPeriod TF works well enough:  You can type T if you want the indicator to refresh itself on every new price tick. (Warning: For indicators that are calculation heavy, a complete ...

Hanover replies to PMs

Sorry, but I'm not doing any MT4 coding/troubleshooting now. See the 'MT4 Programming' section in post #1 for some possible alternatives. Or find another pivots indicator -- there are plenty of them around.

Hanover replies to PMs

If he's selling FX related products or services, he should be a commercial member. As with many trend following indicators, PSAR will deliver profit in a strongly trending market, and losses whenever the market moves sideways. As simple observation ...

Parabolic SAR Is Simple to Use & Quite Reliable

With respect, that's a sweeping generalization that would be difficult to prove. And doesn't CrucialPoint use SL-based RM with his scalping? Agree that SL is not guaranteed to be filled, if there's insufficient liquidity. But that's true for any ...

Higher Edge within a Single Candlestick

Agree totally about the limitations of TA, and about the extremely high failure rate of "regular guys". In terms of analysis -- whether TA, FA, whatever -- if you want to survive long term in this game, I believe you must somehow find the right ...

Proof That Forex is Random video

Very simply, if price movement is a totally random walk (as the presenter of the video in post #1 is trying to suggest)....... then ultimately ALL profit and loss is pure luck, and ALL trading strategies (including yours and mine) will eventually ...

Proof That Forex is Random video

Another proponent of EMH....... (sigh). Rest assured that I've heard (and read) it all before, and also from many frustrated skeptics. You can believe that profits made by the likes of Buffett, Tudor Jones, Thorp, Simons, Dalio, et al have merely ...

Proof That Forex is Random video

As the textbooks say, 8 wins out of 10 is luck, but 800 wins out of 1000 is evidence of an edge. It's all about the law of large numbers delivering statistical validity. I see both similarities and differences between roulette and trading:  In both ...

Higher Edge within a Single Candlestick

More threads on real vs RNG-created charts here and here, if anybody's interested.

Proof That Forex is Random video