I agree on the bias. Of course we could maybe adapt the biais to one way or the other depending on the long term trend. ForexFlash do you have stats on the frequence of occurence of scenario 4. Because the edge if it exists is linked to that.

Quantum System

one more confirmation blueace. As S1 and R1 are not symmetrical to the pivot but S2 and R2 are, it means that SL and TP distances are different for Buy and Sell orders. So according to the MM rules you have different lot sizes for the Buy order and ...

the Set and Forget Pivot Net system

blueace, your strategy makes sense as a whole and that is not so often the case for strategies we see on the forum. The points that I like are: - wait for a day with a lower range as usually consolidations will be followed by bigger movements - ...

the Set and Forget Pivot Net system

just wondering. If you take the previous day high/low as a channel, I guess it is around 100 pips for EURUSD, so your TP is like at 200 pips. That makes it quite far. Then it can be quite a long time before you can close the trade.

Fib-Breakout-Math-Hedge

Yes that kind of way to withdraw profits regularly is also advised for martingale techniques but the keypoint is the ratio between the speed of the growing balance against the frequency of margin call events. Of course the more profit means higher ...

Fib-Breakout-Math-Hedge

yes some thoughts... This system has been known and tested by many people for quite a long time. It fails in the "holy grail" category of systems that are never losing (except the day when they lose everything). The issue with that system is that ...

Fib-Breakout-Math-Hedge

yes interesting results. Thanks. How do you interpret the major diffeence in results between USDCHF and EURUSD knowing that normally these pairs are highly correlated? And by the way if you want to add results from different pairs you need to first ...

AshFX Daily

I normally get the same results in backtest and in forward test but you need to have good historical data and also use as it was suggested the real ticks instead of the modeled ones. The open and close of the bars are real values. In between it is ...

Has anyone managed to produce believable results with MT4’s backtester?

It depends what you mean by break. There are some unwindings but with good MM it's not so much an issue. The last 1.5 year there have been several unwindings (some quite strong) but still my carry trading is doing quite well.

The Root of Forex Swing Trading

Yes same thing for all MT4 brokers I have tested

Did you know this about Oanda?

I would like to highlight that there is not ONE actual price, but 2 prices. The Ask and the Bid prices. So that maybe confuses people because in a chart we usually see only one price and not 2. Oanda has chosen to display for candlesticks the ...

Did you know this about Oanda?

The difference is just that the minmax graph shows the spread (max of the Ask and min of the Bid; it is for instance very clear during the week end). This kind of chart is usually not available for other brokers. When you talk about "actual price ...

Did you know this about Oanda?

I would have followed Mr X exactly because of the reasoning described. In my opinion Mr Y is not really correct because if you would have taken the trade originaly you would also have got the same information at the same point when you were half way ...

Newcomb’s paradox revisited? (Trading context)

I think that it won't be easy to find somebody ready to accept to give you the full source code with only 50% of the payment as you can just take it as it is or also see that your EA is not working as expected and then just stop the whole thing. But ...

I'm looking for a programmer

Inmy opinion the box size should be adapted to the time frame. It needs to remain constant for one time frame otherwise you cannot compare the boxes. After for each TF and each pair you need to determine yourself what is a "significant" move for ...

Point and Figure charting with MT4

Ok updated a new release in the first that looks ok in my opinion

Point and Figure charting with MT4

Yes you are right about the columns, I was expecting somebody to make this comment Personally I prefere how it is now but it is true that it is not the true P&F chart. I may have a look at it soon to change it, it is not difficult. If you make ...

Point and Figure charting with MT4

I have updated the indicator in the first post. Now it displays in a separate window. I had to do some interesting tricks that it automatically takes optimal range for the indicator window y axis but it should be ok.

Point and Figure charting with MT4

Yes it is a good idea to have it in a separate window. As it is based on objects that are created they have to be created on a different window. I will have a look at it.

Point and Figure charting with MT4

Hi, if I understand the indicator correctly (correct me if I am wrong) you put an arrow every time the P&F chart will change from a column to an other. Is there a simple way to check other patterns like double / tripple tops? I made previously an ...

Point and Figure Trading