Beno / Publications
Forum
Bar Pivot System
This is just an idea I have been trying to trade but you have to have a very quick trigger finger. Attached is a chart for you to look at. I have been using the H+L+C/3 to get the bar pivot point. if the open is below the pivot then sell if open above the pivot then buy TP ? SL ? & Reversals Kelly
Speed of price change over time?
Hello 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 currency than buyers so price would tend to go down
System Coder Required Please
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. It the position is opened then uses a trailing stop. When the
Lot size, contract size, max position ?
Gidday 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 thinking 1 standard lots = control of 100000 of a pairs
Value investing ?
Hello Question Do you think value investing could be applied to currency trading. Benjamin Graham - Wikipedia, the free encyclopedia Just thinking out loud. Cheers Beno
Trading Range or S & R
Hello I have an idea for and indicator or sorts. The idea is to scan through history and find the most common highs and lows example EUR/USD lets say there are 86 highs at 1.36679 and 68 Lows at 1.10323 This should in theory give you the most common support and resistant prices per pair. Let me know
Self Correcting Grid Idea
Gidday 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 the current pairs total range. and let it run if
How hard is this Business
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. Cheers Beno
How Does Rule 72 Apply To Forex ?
Gidday I understand the rule, but am having trouble applying it in the forex market. Could someone please explain it with an example. Cheers Beno
Current bar pivot
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 is my very simple way of looking at each bar. I am