Beno / Profile

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

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

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

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

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

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

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

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

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

Gidday. 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 Cheers Beno

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. Cheers Beno

I don't no weather that is the right term. but I would like to know how to change this indicator so the calculations are reversed. Cheers Beno

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

I'm in the process of developing a system I call it Bones as in (bare bones) Indicators MACD Traditional (setting as per indicator) Stochastic (20, 5,5) CCI (20) QQE (20) Entries If 3 of the 4 indicator have shown there signals and are in sync then

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 Good luck Please post your mods here Cheers Beno

This is not about entries or exits but the unscene things and what coders and traders do to get around problems such as Power cuts. Auto restarting the EA after the power cut Stopping EA from opening position when restarted. I'm sure there are alot