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Paolo Miocchi
NZD is overbought and JPY is oversold on M30 timeframe. Will NZDJPY revert its bullish trend? Let's put a pending (SELL STOP) order at 90.754
Paolo Miocchi
Ha publicado el producto
El Multicurrency Strength Oscillator (MSO) es un indicador para MT5 que representa una evolución sustancial del ampliamente conocido RSI de J. Welles Wilder. Muestra una mayor significación estadística y puede proporcionar indicaciones más fiables (también con alertas y notificaciones) sobre las condiciones de sobrecompra/sobreventa de los pares de divisas menores y mayores. Se obtiene midiendo individualmente, y luego combinando, la fuerza relativa de todas las divisas principales (AUD, CAD
Paolo Miocchi
The Currency Strength Inspector indicator (for MT5) is reporting the Australian Dollar as the weakest currency and the Japanese Yen as the strongest one (on H4 timeframe).This could be the consequence of the investors "traditional" risk perception according to which the AUD is a risk-sensitive currency, often depreciating during periods of global economic uncertainty. Conversely, JPY has been usually viewed as a safe-haven currency, meaning that it often appreciates during periods of global economic uncertainty, as investors seek stability.
https://www.mql5.com/en/market/product/133612
https://www.mql5.com/en/market/product/133612
Paolo Miocchi
DailyTrader is not really an aggressive "scalping" EA. Its strategy relies on the breakout of daily support and resistance levels. A position can be hold ~2 hours on average, with a few trades per day and the stop-loss is generally of tens of pips (hundreds of points on a 5-digits symbol...
· 1
653
Paolo Miocchi
Despite its (bad) "human supervisor" and non-optimal broker's conditions, the DailyTrader robot has recovered the "accidental" drawdown occurred at the end of December. I'm rather satisfied by "my creature" :-)
https://www.mql5.com/en/signals/244585
https://www.mql5.com/en/signals/244585
· 2
Paolo Miocchi
>>> WARNING to DailyTrader_TEST users <<<
Please, make sure that the TrailingStop_Distance considered in your backtest is much larger than the typical height of the M1 bars.
This is because in the Open_Prices_Only mode the intrabar details of the price behavior are unknown to the tester (which only knows the OHLC values). Therefore, if the distance of the Take-Profit price from the Stop-Loss price isn't larger than the typical height of the M1 bars the results are unreliable.
In that case, the tester cannot simulate correctly which of the two levels is touched first!
Please, make sure that the TrailingStop_Distance considered in your backtest is much larger than the typical height of the M1 bars.
This is because in the Open_Prices_Only mode the intrabar details of the price behavior are unknown to the tester (which only knows the OHLC values). Therefore, if the distance of the Take-Profit price from the Stop-Loss price isn't larger than the typical height of the M1 bars the results are unreliable.
In that case, the tester cannot simulate correctly which of the two levels is touched first!