I totally agree that supply and demand is driving prices, but something is driving the supply and demand, too. Isn't it our job to uncover the underlying factors? It reminds me of the following: some time ago in a midday tv show there was some ...

How exchange rate is determined

But it's not a problem, per se, that capital flows to where it finds the highest gains (per risk). This ensures putting the globally available resources to best use. It would not be a problem under a market determined, free floating interest rate. ...

How exchange rate is determined

Interest rates are pretty complex — This is simply a relationship for arbitrage free spot and futures pricing. It does not imply depreciation of the higher yielding currency. By that logic – if the futures could predict the direction of the ...

How exchange rate is determined

Two more cents — Well, they could certainly try to peg, but they will need to be able to provide enough liquidity. I assume they have a potentially unlimited supply of NZD, so they would be able to peg it to the upside. But they don't want to! ...

Um, what just happened in New Zealand?

Very simple: Period() is in minutes and datetime are seconds.

EA vs Indicators

Try to use the expiration date for pending orders: total=OrdersTotal(); if (total<1) { if (okToBuy) { datetime expiration = Time[0] + Period()*60; ticket=OrderSend(Symbol(),OP_BUYSTOP,Lots,PendingBO,3,Ask-StopLoss*Point, Ask+TakeProfit*Point,"My ...

EA vs Indicators

1. Yes, that's a nice approach I use pretty often. 2. No! Don't clutter the start function, and try to avoid writing long or heavily nested functions in general. 3. Should be. The only limitation that comes to mind is, that backtesting basket ...

EA vs Indicators

Like Tesla suggested, I've tested it with a simple EA: //+------------------------------------------------------------------+ //| expert start function | //+------------------------------------------------------------------+ int start() { ...

Mission Critical: Broker feed drops during EA trading

An EA doesn't trigger while disconnected and it doesn't trigger on updating history data. It will trigger on the next tick, after the gap has been filled. At that moment indicators should have the correct current values. The only situation I could ...

Mission Critical: Broker feed drops during EA trading

Here you go: It will send a mail for each new candle of the chart; so to send a mail every hour, attach it to a H1 chart. And to send the data of the current daily candle, set DataTimeframe = "D1". Easy as that! By modifying the functions ...

Send hourly price indicator

Script for Backtesting! — Here's the solution, for all who want to backtest the system but are too lazy to draw the fibs. I simply converted the #SpudFibo indicator into a script, that uses the rightmost bar of your chart as the "current" bar, ...

Spud's MTF FIB Breakout System

Indicators and Templates — Well, you could always go backwards in the thread, select everything you like and combine it yourself. But to make life easier here are three templates, including the one from banzai, and all the necessary ...

Spud's MTF FIB Breakout System

e-mail alert — I've added the e-mail option, and an exit alert when the H1 Stoch(14,3,3) crosses back.

Spud's MTF FIB Breakout System

It works exactly like you said: use two indicator lines with different colors. As an example you can look at practically any of the multi colored indicators out there.

Changing line color

You said it's a custom indicator, so if you post it, we can probably modify it.

Avoiding sunday bar for indicators

SpudFibo Update — Somebody requested adding a timeshift option to the #SpudFibo indicator, so here it is. You can input a start hour and select the timezone between server time, local time and GMT! The defaults will continue to use your ...

Spud's MTF FIB Breakout System

I think this lies in the nature of stochastics: they will jump on the formation of a new candle. Things to remember are: the interpolated values are for display only. This are not the values, the stochastic had at these times, because at higher ...

Spud's MTF FIB Breakout System

Hi FXSurfer, thanks for the DEMA overview. The idea and formula is similar to the Hull MA, but I don't know who was first. I hope the indicator can be useful. You can even use it like two normal MACDs, by disabling the DEMA option. It basically ...

Custom con/di-vergence ... looking for programmer

MTF Stochastic — I hope you like it! The repainting of the current candle wasn't as flawless as I thought, but this version should now look and move as close to the actual stochastic from another timeframe as possible:

Spud's MTF FIB Breakout System