I have worked on Price following as well as price prediction. I chose Brexit to trade and compare the returns. Symbol: GJ Price following: I demotraded on MT4 through an EA which entered trades based on fixed strength measurement . 2 pip per ...

Diversified Trend Trading Approach

For manual trading, R4M-ADR-Multipairs Indicator can act as a market thermometer and detect which pairs gained strength for the day in terms of Daily Range. NZD was at the receiving end. Why? Because there is an important data release for tomorrow. ...

RBA System

Appreciate if you could post the template for this. thank you.

MADdash (Moving Average Distance)

Talking of entries and exits. The Daily Ea will deliver the results as long as the market is trending, which does not happen often. Dashboard EA: Can it detect which pair is going to be in momentum for today? Example, EurUsd has trended today. Now ...

RBA System

The EA lacks extensions used by certain brokers to permit trading by EA. Example , LMX does not allow EA trading on symbols without .lmx exttension inserted in the symbols. Similarly other companies do for maintenance of space and load on their ...

RBA System

I have been hedging in same currency pairs for more than 15 years. You have to select hedging-frinedly pairs that have strong mean-reversion tendancy and have high liquidity. I would say 60% role is played in selection of the pairs. 20% is with ...

All about Hedging in Forex

I agree with you MT4 won't be of much help. I did not have any intention of disturbing your rest. Thank you.

Plot long/short retail positions (from myfxbook) on MT4 chart

I am not sure if MT4 tool may be able to display the symbol's price curves and help me to analyse the momentum data collected by me through random entry.

Plot long/short retail positions (from myfxbook) on MT4 chart

Thank you for your kindness.

Plot long/short retail positions (from myfxbook) on MT4 chart

Will appreciate if you would provide a link to your movie or upload it here. Thanks.

LFX Trading Proverbs

Trading on perceived news is a sort of dice game. It is of no help in spotting breakout. For spotting breakout or breakdown it is important to wait for the news t be released and see the market response to it. Having done some preparation on ...

Spotting EURUSD Breakouts only

image If all the three UK data releases are positives, GBP will go up. If GDP is good but tampered by other bad news, then the stalemate will continue. GBP is now looking for a trigger to go up or down.

Spotting EURUSD Breakouts only

Filters like Moving Average or RSI are not used to assess currency strength. It is simply ticks price action strength that drives momentum. The momentum ride can give 15 TP 30 pips in a matter of minutes. In choppy trading condition, it can create ...

A Tool that can graphically display data stored in MT4 File

Equal weightage is given to each symbol so there is no need to make an index for each of 8 major currency group.

A Tool that can graphically display data stored in MT4 File

Direction can't be decided by the trader for random trading. It is pure price action. If you select 4 pips for each symbol and minimim 4 symbols, then each of four symbols when have +4 pips or more then the direction is long and if it is - 4 pips or ...

A Tool that can graphically display data stored in MT4 File

The idea is to study why and when momentum takes place by way of currency strength. How the market makers use algos to put life in the market? If you code a tool which can display all the parameters visually from the data collected then some pattern ...

A Tool that can graphically display data stored in MT4 File

OK this is the final result of 2 years testing. url Please share what you make out of this. It will give me an idea of your understanding of currency strength for me to take it further. Since you can code ideas I will work with you.

An indicator for the strength of a currency

On expiry today, the seller has kept all the premim as profit as the option has expired out of the money. Unlike a buyer of options, the seller keeps only the option premium as the profit. A buyer makes money (unlimited in theory) from the gain in ...

FX futures options Buying: Is it a lottery? or a business?

In fact earlier this morning I have posted this : url

An indicator for the strength of a currency

Currency strength works only when momentum is high. And pairs selected have mean reversion tenancy. Your timing for entry is critical. MOMENTUM LASTS only for a few minutes and you have to enter and exit during that short window. I have 5 years ...

An indicator for the strength of a currency