Upgraded the app attached to post #1, so that it now works correctly on my PC (Windows 7 Home Premium SP1; Pepperstone MT4 build 1090)........ just in case anybody finds it useful.

Load MT4 price history application

Trader A made +9.6 pips Trader B made +36.9 pips The trader who originally sold to A at 1.17475 is now has an open sell position that is down 9.6+36.9=46.5 pips. Or if you prefer, 1.17475-1.17940 is -46.5 pips. [+9.6] + [+36.9] + [-46.5] = 0, i.e. ...

Higher Edge within a Single Candlestick

MT4 restricts the number of characters in an object description to 60. I can't change this limitation.

Display Info indicator

Just a quick note: when I refer to "MM", I mean position size; NOT exits or trade management. I consider both entries and exits to be part of the trading strategy; both can affect expectancy. Whereas MM is how much of your account you want to place ...

Higher Edge within a Single Candlestick

As I said in post #1, I'm no longer doing individual programming requests. Hence I included the source code, so that people can add whatever features they need themselves.

MA dashboard indicator

Similar numbers here in NZ. $1M goes nowhere; you need $3M upward nowadays to live comfortably off (conventional) investments.

Higher Edge within a Single Candlestick

Indeed, blackjack is a very different animal to roulette. ___________________________ I believe that it's almost impossible nowadays, but some (like the Eudaemons) achieved it back in the days when surveillance was much more lax.

Higher Edge within a Single Candlestick

Sure. And the casinos themselves implicitly acknowledge that physics can be used to beat roulette: that's why numbers relating to the popular even money bets (red/black, odd/even, high/low) are sequenced alternately around the wheel, so that ...

Higher Edge within a Single Candlestick

Neither. With a fair coin toss, both "divergence away from the mean" and "reversion toward the mean" are illusions created by a perception that's grounded in gambler's fallacy. You apparently reach the conclusion that "it is a fluctuation between ...

Higher Edge within a Single Candlestick

Posted here so as not to take the 'Higher edge' thread even further off track....... Apparently the list was ranked by % return rather than AUM. ______________________ Yes, it comes down to mastering a process in a way that accommodates your own ...

Hanover replies to PMs

First, keep in mind that if you're using MT4, all volume data is tick volume (i.e. each transaction shows as 1 unit regardless of whether 0.01 lots or 100 lots was bought or sold) and applies only to transactions processed through your br0ker. Spot ...

Hanover replies to PMs

Copernicus and I see things somewhat differently, but I think it's great that we nonetheless have a mutual respect for each other's point of view. If I understand correctly, Copernicus sees the market as representing some kind of code that can ...

Higher Edge within a Single Candlestick

Depends what you mean by 'uncertainty in the market'. When the market is in the mood to 'buy' risk, equities tend to rise, possibly at the expense of gold; while money flows away from safe haven currencies like JPY to the higher yield currencies ...

Hanover replies to PMs

Sorry, but I no longer do coding for other traders. The indicator developed by minmin830 (aka Christina Li of Wise EA) already does Bollinger bands and 2 EMAs (see screenshot below), and she is also a very capable commercial programmer, hence I ...

Recent Candles indicator

Must admit I haven't used this indicator for several years. I forget how it works now. If the preset file is causing a problem, delete it. Then you can enter all of the parameter settings via the MT4 dialog box, removing any confusion as to which ...

Recent Candles indicator

GS, 60% WR at R 2:1 = a PF of 60/40 x 2/1 = 3.00 which -- if it is robust enough to deliver over several years' worth of changing markets -- represents a massive mathematical edge. Find enough opportunities, a reputable br0ker, and maintain ...

(binned per thread starter's request) Sign of a profitable tradin

You're correct, the strength calculation hasn't been changed.

Pair Strength Analyzer indicator

MT4 doesn't provide Heikin Ashi or Renko. You need a third party indicator to plot them. _____________________________ Attached EX4 works OK on my computer. I am running Pepperstone MT4 build 1090. See screenshot. You might need to delete the MQ4 ...

Recent Candles indicator

Good idea, try the attached. [EDIT] Fixed bug in indicator. file image NOTE: If you want the .mq4 source to compile without errors, you'll need to do this first. Otherwise, download only the .ex4 file. file

Pair Strength Analyzer indicator

Latest updates to the PSA indicator: file 1. The histogram facility has been updated to allow a user-defined font. Hence the CSM font (downloadable from this post) can be applied to give the result displayed in first screenshot below. If the font ...

Pair Strength Analyzer indicator