I think it is SBS EA from here (already created).
Thank you elite members and especially newdigital for an excellent forum.
I believe we are all indicator crazy, this forum has built some super EA's with tons of indicators and none of them seem to work without a huge dd. We all know that MM is the key to success in 4x.
Several years ago I purchased a system that boiled down to opening a hedge 10 pips above/below tuesdays open (daily candle) sl was 20 and the system reversed 3 times before you were done for the week. U either won 100 tp or lost 60, and u always closed on Friday afternoon at the latest. I also took from this site the fact that 100 pips weekly (20 per day)with proper MM is all u will need. Tuesday was picked because tues/wed are the days the market moves the most.
Off track for a minute but this website has a wealth of information for us hobbist/traders, pay attention to market hours. School of Pipsology - - Beginner's Guide to Forex Trading, Free Forex Education, Learn to Trade Forex, Forex Training - BabyPips.com
Lets take any pair on the daily chart that has say 75 daily pip movement from either open to high/low. Build a hedge +/-10 from any market open or daily open or when the markets overlap keep repeating the orders with a simple martingale, 20 pip sl and tp, throw in a 20% max dd based on ur account balance (5000) and we could have 400 pips weekly on just the majors. We are asking for the market to move 30 pips either way from the open on a pair that has at least a 75 daily range, then close the pair down for the day (+20).
Would this work without indicators, just on price alone?
Why not attach a simple 4 step martingale to one of our elite EA's that have less than 4 consetive losses?
In my casino gambling days I played several MM systems that if we could apply any one of them it would give us a huge edge. The fib system was a slow steady winner. Numbers consisted of 1, 2, 3, 5, 8, 13, etc. which of course would be converted to lot sizes. When u lost u stepped up to the next highest number, when u won u stepped down to the next lowest number with any 2 wins in a row or winning 2 out of 3 would show a profit and then restart the system back at one. There was a double win system with numbers being 1, 2, 3, 4, 6. If u lose the 1 go to the 2 if u win the 2 only bet the 2 again (take the other 2 off the table) until u double win or double lose then step to the next number. On 50/50 bets i would win the 4, lose the 4, win the 4 and bounce back and forth until I won twice and show a 2 profit after losses and then restart the system.
We were always coming up with MM systems to take away the house odds. Seems like it is the same here. A good MM and an ordinary EA will make us all winners. Can't play the 4x without a stop or % of account being the stop.
I hope this stimulates some of these excellent mines we have on this forum, the indicators and all the EA"s have just put me into a spin.
icustom code help
I'm in the learning process and need help please
I understand the concept of embedding a custom indictor into a EA but the coding is what lack I hope in time I'll graspe it anyway could someone show an example code on how to let the EA know when to buy and sell on the cross over of the lines or colors as illustrated in the picture. Thanks in advance.
Please help for EA
Can anyone help me to code EA.
I want to try my trading system on EA.
OSMA 12,26,9 apply to close
MACD 12,26,9 aply to median price
RSI periode adjustable ,aply to median price
Entry signal :
OSMA >0,MACD<0 ,RSI<15 signal buy
OSMA >0,MACD>0 ,RSI<20 signal buy
OSMA 0 ,RSI<10 signal buy
OSMA 0 ,RSI>90 signal sell
OSMA <0,MACD80 signal sell
OSMA >0,MACD85 signal sell
Exit /Take profit: adjustable.
Stop Loss : adjustable..
Thanks a lot
2 charts in 1 chart
Can someone please give me an indicator that shows two pairs at one chart?
The Eur/usd, and the Usd/Chf, both bar charts on 1 chart?
It is here https://www.forex-tsd.com/forum/debates-discussions/116-something-interesting-please-post-here/page10#comment_179736
Look at this thread, the indicators this guy does are fantastic.
In this indicator he overlays the charts which may be what you are looking for
Never heard about such indicator.
Only know this charts have that feature:
High probability fibos
This has probably been thought of before, but I sort have a rough idea for a system. Anybody welcome to post a reply.
Given : the fibo levels on the daily chart always seem to play an important role for retracements, support & resistance etc...
Everybody knows fibo levels usually play a role in most market swings. Crowd psychology and contrary opinion cause market prices to gravitate towards these fibo levels.
Now, when the market price approaches any fibo level, it seems as if the closer it gets, the more likely it will hit it or get very, very close to it. Also, i've observed the momentum picking up the closer it gets to the "next" fibo. Many traders around the world are using the same fibos off the daily chart. They see the same thing. Crowd psychology once again.
So, my idea is to wait until the price approaches the next fibo level. Going either with the trend or on a retrace, enter the trade as price hits approx. 60 to 75% of the way to "next" fibo. This insures a higher probability that the trade will go in your favor and make it to the next fibo.
Exit just before price hits fibo (5 pips). Most fibos on daily charts are 150 to 500 pips apart (a very general, rough estimate) depending on the pair. This should produce anywhere from approx. 50 to 150 pips with trades lasting a few minutes to few hours.
Stoploss would be previous fibo.
Just be aware of any clusters
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