Simple trending - page 2
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I'll post updated information in the first post on a daily basis.
If you get any ideas how to upgrade the system (if you think of any good entry signal, I'll add a trailing stop) post them here.
margin percent indicator?
On FXCM, Usable margin % is calculated by free_margin/equity. It is a percent between 0 and 100. On metatrader (through interbankfx at least) the margin level % is calculated differently. I am trying to create an indicator or something that will display the usable margin % calculated like fxcm does. I have created an indicator that will show the usable margin % on a chart but I am having trouble determining if it is updating in real-time correctly. I was wondering if my code was correct for it to keep updating the usable margin % in real time regardless of the time frame of the chart the indicator is attached to. (I've also been curious if anyone else has made something like this.)
Thanks
//---- input parameters
extern int decimals=6;
extern int Text_Size=10;
extern color Text_Color=White;
extern int X_Distance=10;
extern int Y_Distance=20;
//+------------------------------------------------------------------+
//| Custom indicator initialization function |
//+------------------------------------------------------------------+
int init()
{
//---- indicators
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator deinitialization function |
//+------------------------------------------------------------------+
int deinit()
{
//----
//----
return(0);
}
//+------------------------------------------------------------------+
//| Custom indicator iteration function |
//+------------------------------------------------------------------+
int start()
{
int counted_bars=IndicatorCounted();
int iBarsToCalc = Bars - IndicatorCounted();
if (iBarsToCalc < Bars) iBarsToCalc++;
// Iterate over bars
for (int i=iBarsToCalc-1;i>=0;i--) {
double free=AccountFreeMargin()/AccountEquity()*100;
ObjectCreate("comment_label",OBJ_LABEL,0,0,0);
ObjectSet("comment_label",OBJPROP_XDISTANCE,X_Distance);
ObjectSet("comment_label",OBJPROP_YDISTANCE,Y_Distance);
string words = "Usable Margin: "+DoubleToStr(free,decimals)+"%";
ObjectSetText("comment_label",words,Text_Size,"Arial",Text_Color);
WindowRedraw();
}
//----
//----
return(0);
}
//+------------------------------------------------------------------+Hi geoguy,
I moved your post to this thread as Shinigami posted some margin tool on the first post of this thread so may be usefull.
Margin Call Indicator/Code Needed
Does anyone have an indicator that will show your brokers Margin Call level 20% or Stop out Level 10% have a look http://www.liteforex.org/accounttypes.php
(I don't use them it's just and example)
I was thinking that if we could create some sort of indi or code that could show this it might help reduce account being blown up as I would think that most people will not know at which level they might get a margin call.
Anyway just thinking out loud.
Cheers
Beno
Some margin code is on the first post of this thread.
Everyone, you may not know this. But 6 months ago, I tried this, exactly like this, what an irony! It will burn the account, no matter what. When a consolidation or rectangle happens, it will just burn the account, no questions asked. I was looking for ways to beat the market using mechanical based systems, for too long, until I found out something that was very simple and infront of me all along.
I have already met about 5 methods, mechanically, that are exactly the same as mine was. Now, I am just getting ready until someone finds one of my old methods again, and brags that they found it, when I did first. It doesn't make me feel comfortable.
Shinigami and everyone else,
when trying to find a mechanical system, a.k.a no indicators just math-based systems, don't make it to hard on yourself. Look for something the market can't do, and make a system out of that. Put your stoplosses and takeprofits in a way the market won't go, and you will find it, the Hawaii method. Remember, always try Open Price, it might make the system better.
Peace EVERYONE!!!
Here is a 7-year backtest, that became a 2-year backtest because it burned the account.
40sl and 40tp. GbpUsd.
I coded this EA myself. On InterbankFX.
I'll even be nice and start with $5,000 deposit. That's a lot of money!
Tick Data
$20,000 drawdown
hi
Here is a 7-year backtest, that became a 2-year backtest because it burned the account.
40sl and 40tp. GbpUsd.
I coded this EA myself. On InterbankFX.
I'll even be nice and start with $5,000 deposit. That's a lot of money!
Tick Data
$20,000 drawdownis there anything wrong with that EA ?
===================
Forex Indicators Collection
No, nothing is wrong the the EA!
It's the system!!!!!!!!!!!
Margin monitor
Does anyone have a script, EA or indicator that monitors the margin levels in an account?