Visualization option included. press V to restrict visualization to the current timeframe. Final version (v1.02) attached. I think the indicator works great as it is now, if there are any bugs I'll fix them but otherwise I won't be working on this ...

Magnetic Line Trading with KiwiOz

Glad you got it to work. Try the latest version v1.00. url

Magnetic Line Trading with KiwiOz

I've discovered a bug in v0.06. Please use v0.07 attached. Thanks.

Magnetic Line Trading with KiwiOz

That won't be possible, because it's using features of MQL4 that were only introduced recently after 600. Who is your broker by the way?

Magnetic Line Trading with KiwiOz

Hi Dindulkar, Thankyou for the post, it's great to see you using this tool. The difference between the red/blue and black/white charts is the reversal size. The black/white charts only use a reversal size of 1 box. Unfortunately you have to update ...

Point and Figure

KiwiOz, I really can't understand why this indicator doesn't work for you. But for those for whom it does work please use the latest version (v5) it is vastly improved and it now also gives you the option of drawing a trendline with the magnetic ...

Magnetic Line Trading with KiwiOz

Can you possibly tell me what version and build of MT4 you're using. It should at least be Version: 4.00 Build 646 You can find the information under Help / About

Magnetic Line Trading with KiwiOz

It wouldn't make any difference if I sent you the mq4. It draws the lines but it works a little like the line tool or the Andrews Pitchfork where you have to select points. Make sure you are doing this right. 1. Copy the Targetv02.ex4 file to (your ...

Magnetic Line Trading with KiwiOz

Yes it draws the lines automatically. Please try it out and let me know if you think it's useful.

Magnetic Line Trading with KiwiOz

I really like your method so I put this together. Copy the Targetv01.ex4 file into your metatrader/MQL4/Indicators folder. Reopen MT4, attach the indi to your chart. Now select three points. Press ESC to unload indicator. ------- I've made a ...

Magnetic Line Trading with KiwiOz

I think unhedging hedged trades can be a nightmare if you don't know what you're doing. So, definitely not recommended for new traders. I believe that Hanover has gone to excruciating lengths to explain how one doesn't need to hedge, if one ...

Trading Without a StopLoss

Anyone for some coffee?

Only Gold!

This is really interesting. There is a Cup and Handle continuation Pattern being played out on two separate time frames... on both Daily and H4.

Only Gold!

You must be expecting this to retrace...

Only Gold!

If you blow your account only once, then you're exceptional you would probably rank as one of the top traders in the world. But more than likely you'll be using margin calls as a stop loss for the first few years of your trading. And by that time ...

Only Gold!

Your psychology when trading a demo account would be completely different from trading a real account i.e. there is no psychological element to trading demo, real trading is 10% study and 90% psychology, that's why even the smartest people fail. For ...

Only Gold!

Good observation. There has already been a break to the downside. There is support at 1318-20. For the diamond pattern to play out it should break the low at around 1318.5 and then target 1305. Although there is significant support before it gets ...

Only Gold!

I agree, it's better to wait for confirmation.

Only Gold!

Here you go Mr Burns... Although a pure diamond top should follow an up move, in this case we have a diamond formation following a Higher High from the prior day, nevertheless it may still be considered valid. It's only a matter of waiting for a ...

Only Gold!

It's forming an almost perfect diamond pattern on the intraday which is considered to be very bearish.

Only Gold!