Hi Graviton, 1) How much risk % would 20 - 50 pips be? Would it be 1R? Therefore, would you expect to profit at least 60 - 150 pips? Or, 20 - 50 pips would mean 2 - 5% of your account? I doubt it, because some would consider this to be the upper ...

Trend Trading

Hi Gumrai, The Market Session 1.1 indicator is VERY NICE, however, the texts of Sydney Open/New York Close and Sydney Close/Euro Open overlap each other. Also, the text quite often appears on the candlesticks. First I thought there would be a better ...

Session indicator customizable

I am a beginner trader. In my last post I had 90 trades and I was up from miserly -4.2% to 3.7% ROI with the Al Brooks PA system. I am back to studying/practicing PA at least 5-10 hours a day. Now I am at my 105th trade and my ROI doubled - it's at ...

Anyone Study Al Brooks' Price Action Course?

I started trading Live in January 28 2019. My trades were terrible - I lost all hope. Then, I signed up for Al Brooks Trading Course and switched everything around instantly. Price Action is difficult and requires undivided attention. I spend few ...

Anyone Study Al Brooks' Price Action Course?

On the website it's not clear to me, what is the Amount Invested? In Forex what does that mean? Does it refer to lots?

How to Calculate ROI in Forex

Thanks broketrader, I found that calculator too, but I am looking for a definite formula that I can put into my Excel spreadsheet. I'd rather like to understand those concepts in the formula in terms of Forex. attiM

How to Calculate ROI in Forex

Hello hayseed, Questions: 1) So, if you trade a 0.01 size (Micro Lot) in a $1000 Account and 100:1 Leverage, then it’s like trading a Mini Lot isn’t it? I am not sure if I got this right… 2) Also I got a bit mixed up. The question I asked you in ...

Pip Value and Leverage

Hi hayseed, thanks for the swift reply. So, are you saying that on a $1000 account and 100:1 leverage if I trade (EURUSD) only 5 Mini Lots it's like using half of the available leverage or 50:1? In this case the combined value of pips is $5 right? ...

Pip Value and Leverage

Hi, Thanks for your reply M.A.C. Doug. Meanwhile I redesigned the spreadsheet, in my own primitive way, and adjusted it to my needs. AttiM

MT4 Position Size Calculator Excel Spreadsheets

Hi M.A.C.Doug, Neither ssherwood76 nor most of the other guys are very active since 2015. I like his mini and standard spreadsheet (and I have created a micro one) at least the parts I understand from it; however, some parts are just not ...

MT4 Position Size Calculator Excel Spreadsheets

Hi ssherwood76, hi everybody! Thank you for your spreadsheet - I like it, but I can't quite figure parts of it out. Apparently I am the only one. Can you help me with this? Also, is there anybody out there who knows what's happening ...

MT4 Position Size Calculator Excel Spreadsheets

Hi mrgreen, Thank You Very Much for this spreadsheet. Is it the Stop Loss in pips (10, 15, 20, 25 etc) that's in the first box? And, right under it, those numbers are the units traded? How do I convert the units in order to get to the proper Lot ...

Money Management, Please help.

Hi firehorse and johne56, Firehorse thanks for the spreadsheet ad johne56 thanks for the Mt4 update. However, I think there is a bug in it. I tried to find the cause, but I gave up on it. In the Current Price section, EURJPY cell displays N/A ...

Firehorse's trading spreadsheet

Hi Jj1357, Maybe you are using another kind of MP indicator. For example, riv_ay-TOPChart,v102-6 does not have it. The one I am using is ay-TPOChart-Session.v1.20-Lock-V04. regards, AttiM

Auction Market Theory and Market Profile

Hi David (hanover), Most of all, I'd like to thank you for the CSM Original indicator. I like it. I don't understand much about programs and programing, but I think there is a bug in it. When I set the Parameter File to 25, then the Summary Spacing ...

Recent Strength indicator

Hi Jesse292, I corrected the end of my third paragraph. Read it again. I looked at the last week's Asian Session and I see that at the top the K period, 8 hours into the market, has 3.3 volume ratio. Although in K period the Up Volume is 3.3 times ...

Auction Market Theory and Market Profile