mrtools big thanks for your effort. But finally i found the original name of arrows.
Turns out that this is IINWMARROWS.
Can you add an alert plz.
On the bottom of this page there is all your page numbers a little further to the left is a paper clip with the number 2068 click on it the paper clip and all the indicators in this thread are there including IINWMARROWS Alerts
Again big thanks mrtools!
[langtitle=cs]Offer still valid ?[/langtitle]
[lang=cs]Hi, is still your offer for free coding valid ? I let make EA based on my idea in one company, but they dont want to give me coding
so i told i will let you make it if you have time.
That strategy is ready in EX4 format so i can send you that.i have also invoice like prove that is mine.I would like to add how to exit from trade to EA and MM, but maybe you guys will have some other ideas. Only problem is how to test it. I test it on MT4 tester, good result, but EA is based on time, i mean it must be certain time on certain price to place order and MT4 have not time records, at least what i think, so i dont know how to test it so maybe someone know.
The fibonnaci / other variations of martingale are nothing new. None of them have ever been proven to work effectively. I was doing some research before going on a weekend casino trip and found some variations on the theme. Here's the wikipedia page, for example:
Anytime I made a martingale system it would perform well, for a while, before busting. This gave me the idea to use martingale as a "loss replacer" and only kick in if my actual system ran into some losses. The lowered use would make it a bit less risky in the long run, but in reality, it only takes once and your account is gone.
I'd think your system would actually be worse than standard martingale, because you'd have to kick in many extra trades. If the price is ranging, you're just going to be trading larger and larger without the pip movement necessary to generate enough profit to close all orders. That's why I like standard martingale, because the lotsize becomes so large that even a small movement may generate the profit you need. (of course it can bust you, too)
For example, if your first trade was wrong, you initiate another in the opposite direction at the same size. Now your net movement is ZERO. What's the point of that?
Additionally, your fourth trade would make you 1lot SHORT, the fifth trade is then 4lots LONG. That's a 4x increase. Then, if that trade is wrong, your sixth trade is only 4lots SHORT -- you'd now be hoping for a big move just to make up the cost of the last trade, which was the same size as this one.
[Note: I keep all trades open until the profit is reached and then close all trades. You could trade this without doing that, but the comments above still generally apply--if you're current trade is the same size as the last one, there's not much point--you'll have to move even farther in pips than whatever the last trade lost, just to make it even. I don't see much point there.]
Scrip or Expert Advisors ???
hello everybody ???
I am a newbie, I want to creat a scrip or Expert Advisors .
I having a order trade and 4 order limit, i want, if this order to close then 4 order limit will automatic close.
My English is not good. Thank for Your helps
Coder please help with simple mod to this indicator (please)
I would simply like to add an email function to this indicator and have it disply the time frame in for example H4 vice 240 when I receive the alerts. Also please if possible removethe arrows, they clutter up the screen, I just need the alert. Thank you very much for your time.
This is version i have you can turn arrows on or off and its mtf.
awesome! Thank you very much. Just what I was looking for.