Sorry, but I'm no longer coding EAs for other traders. For possible alternatives, see the 'MT4 Programming' section here. Also, if you want a programmer to code your EA, you'd need to supply the indicator (preferably the MQ4 file), and also precise ...

Recent Strength indicator

I believe the idea comes from Malcolm Gladwell's research (and a good summary here). However, you might also find this and this interesting.

how long does it takes to become a successful trader?

Watched and debunked the video a long time ago.

Proof That Forex is Random video

Attached are two indicators that I wrote many years ago. With Candle length.ex4, set CandleBodyOnly to true, if you want it to display the distance between the open and close only. Candle strength.ex4 displays the distance between the open and close ...

ATR indicator of candle body ignoring wick and tail

No, I don't think so. From the WCC definition it sounds like you need a specialist candle recognition indicator rather than one that plots lines or boxes. Strat is a programmer and thread has been around for more than 8 years. Surely somebody has ...

Daily Boxes/Lines indicator

Yes, it looks like it will do the required job. Yes, Jim Dandy (e.g. here here here) has created some very good educational material on MQL4 programming. Or folk preferring EA generators could try any of FXDreema, EAtree or Molanis.

need help adding spread limit to ea

I don't normally do any coding for other traders, but this was a 5 minute hack. The 2 lines of code that I added are highlighted in the attached screenshots. It's only a best guess, as I haven't looked at the code in any detail, nor done any ...

need help adding spread limit to ea

IMO the best analysis for longer TFs involves macroeconomics. But since this is unavailable for an EA, and you must stay within the bounds of TA, then I would say that it depends on what your strategy is: -- If it is trend following or momentum ...

The best filter to code on higher times frames for a strategy

I haven't seen anything in MT4 that looks like the pic in my above link. There are some market profile indicators for MT4 (I've attached one) around. Keep in mind that all orderflow is volume based and spot FX is a decentralized market; MT4 displays ...

The incredible resilience of MT4 vs MT5

Many thanks for your kind comments, and also to everybody else who posts feedback. Although I don't reply to many of these types of post, I nonetheless appreciate them.

Daily Boxes/Lines indicator

Totally agree. Although having been recently coached by an institutional trader I've learned that applying the right kind of FA+OFA+intermarket analysis can trump PA (more here and here). Anyway, FWIW that's the way that I'm inclined nowadays, ...

The incredible resilience of MT4 vs MT5

IMO indicators generally don't make profitable signal generators, but apparently I'm in the minority of amateur traders. The number of downloads in threads like this, and number of requests in threads like this (21,000+ posts; 9,000+ downloadable ...

The incredible resilience of MT4 vs MT5

I suspect that one big reason why MT4 has been slow to die is the huge trader reliance on thousands of third party indicators and EAs, that can't easily be migrated to MT5.

The incredible resilience of MT4 vs MT5

Many thanks for your reply. I agree that many players are able to win in the short term (or if they play infrequently enough), but also that the house edge will almost certainly beat every player across the long term. I don't believe that there is ...

Higher Edge within a Single Candlestick

If anybody's interested, there's more fun and games in the 'zero sum' argument in this thread (interesting that the OP there has apparently changed his mind by post #37!!)

Why and how Win-Win in Forex is possible

FWIW: 1. I posted the RGB values for the named colors (e.g. Goldenrod, SaddleBrown, MediumSeaGreen, etc) used in MT4's palette here. 2. Here and here are the download pages for two freeware color selector apps that I've found to be both useful and ...

Customize Display with Color Kit

Thanks, that's very generous. I live in Hamilton, but like I said, 3 visits wouldn't convince me, I'd want to see your net profit/loss after 300 visits. You say that you don't profess to be able to "beat the casino". Fair enough, but the harsh ...

Higher Edge within a Single Candlestick

Actually, alphaomega -- and the mathematical academia -- are right on the money. As Churchill once said, "You can't take sides against arithmetic". Plenty of folk win 9 times out of 10, with or without any 'system', by simply quitting while they're ...

Higher Edge within a Single Candlestick

Dr P, I'm not familiar with the way that Initial Balance is calculated, and it would take a significant amount of time for me to reverse engineer it from the code. At a brief glance, it looks like the indicator might be counting back a certain ...

Hanover replies to PMs

From what I once read, the original Zigzag indy was developed by a programmer who worked for MetaQuotes. Its construction is quite complex (probably dissuading 'hobby' programmers from modifying it) and all of the variations I've seen (ZZ semafor, ...

Most accurate ZigZag indicator?