I have been trying to find a way to determine the speed at which price changes over a time frame.
e.g. so if price changes 100 points up in 6min and then down 150points in 3 min that to me is a good indication that there are more sellers of a...
I am look for a system to be coded in mql5/4 it’s a very simple ea
When the EA is started place a stop order either above or below the open depending on where current price is if it's above the open buystop if it's below sellstop.
Now this is a real beginner question but here goes I am attempting to create a MM system to limit the lot size and the number of trade a system can take via the size if the maximum position but I think I am confusing myself
Am I right in...
I have an idea for and indicator or sorts.
The idea is to scan through history and find the most common highs and lows
lets say there are 86 highs at 1.36679
and 68 Lows at 1.10323
This should in theory give you the most...
I apologise if this is out of place but I have been looking into an idea.
and worked up an excel sheet the maths might be a bit wrong but you will get the idea.
the idea is to generate a load of Limit order and Stop orders within the bounds of...
I was ask by a friend how many pips he needs to make per month to make 50,000 per year.
Attached is a very basic sheet to show anyone new to forex and trading in general, that it can be tough to earn a living or beer money.
I have been trying to figure out a current bar pivot trading system.
The idea is High-Low/2 will give you the center of the bar i.e the bar pivot point. a bit like the bars center of gravity everyone over is buyer and everyone under is a seller this...
I have been playing aound with this ea and tried to add a MFT bar pivot.
I have put it on a live micro acc but it does need monitoring so I took it off.
Anyway have ago it flies along quite well.
Here's a great little EA it opens on a new bar but only in the positive swap directions.
I have burgled a few bit's of code from openticks and mash it together it works quite well imho.
anyway give it a crack and let me know
I have been searching for an indicator that will show me how long price stays in the top half of a bar eg on a 1 hour bar if the price spends most of it's time in the upper half 50 mins / 10 mins you would tend to look at going long on the next bar...
Attached is a random entry ea that was post on another forum this looks like a good project for the talented traders and coders to get their teeth into.
This will be a great test for any mm system
Please post your mods here
I'm in the process of developing a system I call it Bones as in (bare bones)
MACD Traditional (setting as per indicator)
Stochastic (20, 5,5)
If 3 of the 4 indicator have shown there signals and are in sync...