I was thinking of that, and even more...that would get the risk/reward ratio better than 2:1. Has to be tested. If people would be willing to try different SL TP on different pairs and post it back here would be great. Also each market is different, ...

Scalping the Rainbow

Yen — You're welcome and you didn't misunderstood. You are right, it was a very good signal around 16:00 (9AM EST), but I got the idea to try the yen only later, when I was bored....was no action with EUR and GBP One thing...the reds are ...

Scalping the Rainbow

So 40 pips this sesion...long one...8win/2loss = 80%. I still have problems with the signals before the trend reverses...I made two bad trades today on those...the trends were realy short...volatility low. One thing would be to use more indicators, ...

Scalping the Rainbow

Yes, in an uptrend that is already established on the 5 min chart and up on the 1 min.

Scalping the Rainbow

EUR — Finally, the EUR. I stopped trading as volatility goes down and the market is in a pendant. EUR was bad for me today...in the morning it picked up a bit then went sideways, then again a bit after 11AM and now is going nowhere. ...

Scalping the Rainbow

JPY — I tried the yen today also. 1 trade...10 pips

Scalping the Rainbow

Cable — A long sesion today, and not a very good one. Here is the cable: 4win/1loss...20pip

Scalping the Rainbow

This is a demo acct of FXDD broker. It has a server time of 7 hours ahead of EST (my time). I traded from around 8AM to 10AM. 16:42 is 9:42AM

Scalping the Rainbow

Sure. The Rainbow consists of many wheighted MA's (WMMA) indicators. I posted the template in post #1. This system is not an EA, but maybe we can make one after it is perfected. I trade manually and it takes many hours of screentime to get the good ...

Scalping the Rainbow

Now I think another good entry would be when the price crosses on the other side of purple, but in the dir of the 5 min trend. That would be an early one, at the reverse of the 1 min trend.

Scalping the Rainbow

I traded the GBP today also, with 3 wins 0 losses. It was another signal later on both EUR and GBP, but i didn't take it. I was busy with something else. Results for today: 6 wins/0 losses, 50 pips, 12 % gain on the acct., $1,200. I think is not bad ...

Scalping the Rainbow

This EA's have a slippage of 3 pips. If the price moves to fast and by the time the order reaches the broker it moved more than 3 pips won't take the trade. If you need more slippage modify the EA in this line: ...

How to send order at the close of the bar?

OK, this worked for me and it is much simple to implement. thanks a million ydaudw Here are the new EA's. It opens one trade on the first tick of the bar as I tested so far. You have to stop it before the next bar or it may take another trade. ...

How to send order at the close of the bar?

I made the sell EA too. The thing is that it is not working for me. It is opening the trade at first tick on a 1 min chart. What are you doing that is working for you? The way it works is if is no other trade on that pair/acc, takes a position ...

How to send order at the close of the bar?

Of corse I have the smiley. It is sending the order at first tick, and then at every tick, not at open of the bar.

How to send order at the close of the bar?

Ronald, I made EA's with both codes and still wont work. In the first code the expresion BarCount != Bars is always true, BarCount variable is different than Bars variable because we have BarCount = Bars - 1 in the init() function, so it places an ...

How to send order at the close of the bar?

Sorry Ronald, should had been the mq4 file. So it wouldn't work as a script for mphpopular. I'll try it in my EA. Thanks again, appreciate Dan

How to send order at the close of the bar?

mph, I made a script with Ronald's code but it is not opening the order on the open of the bar yet Ronald, can you look at the code and fix what's wrong? Thank you int BarCount; int init() { BarCount = Bars - 1; return(0); } int start() { ...

How to send order at the close of the bar?

Thank you — Thank you so much, Ronald. Open of the bar is fine. I will try it. Best regards, Q

How to send order at the close of the bar?