What makes you think I use indicators? Anyway doesn't matter. We are all entitled to our opinions. Good luck with your chosen approach... CCH

Where is the logic behind applying Fibonacci to trading?

I'd suggest that the 50 level is probably more reliable that the actual Fib levels and interestingly for the same reason you mentioned.

Where is the logic behind applying Fibonacci to trading?

A lot of traders mention the 50 level but it is actually not part of the fibonacci sequence. For Fibs levels to be of any real value (like any other form of TA) it needs to be proven that price respects such levels a higher percentage of the time ...

Where is the logic behind applying Fibonacci to trading?

Good Question. I'm actually using the next few bars after the signal bar to form part of a calculation and then I write the calculation result together with the signal date / time to my output file.

Trying to capture Time/Date info in an Array

Hi Gumrai, Interesting approach... I haven't really spent any time learning OOP. Does such code work more efficiently with MT4 or it is more tailored for MT5?

Trying to capture Time/Date info in an Array

Aha... so thats how its done !! Thanks Ferru.....

Trying to capture Time/Date info in an Array

Hi Killian & Hanzov, Thanks for your replies. I'll take a look at those functions Happy Trading 😀

How to write contents of variables to a CSV file?

Thanks Cyber1... I'll take a closer look at what you've posted. Cheers....

Count number of patterns over a set time period

Hi all, Just thought I'd bump this up in case anyone with experience who may be able to offer advice missed the original post. Thanks CCH

Count number of patterns over a set time period

Out of interest, has anyone found that the Strategy Tester no longer runs smooth? If I run an EA through Visual Mode, the next bar does not print directly after the last one. Instead there is a momentary pause and then 10-15 bars print on the screen ...

Metatrader v4 build 940 - Issue with Strategy Tester

i'm running build 940 and don't have this isue

Build 910 MT4 - New Chart, Testing?

Hi All, Try maximising and then minimising each window and see if it appears.

Metatrader v4 build 940 - Issue with Strategy Tester

When I was following him on this thread he was using FXCM

Building an equity millipede

This seemed to have worked!! I didn't have such issues with the previous build Thanks for the suggestions guys....

Metatrader v4 build 890 - Issue opening MetaEditor

Real-time so the array will need to be able to grow over time.

How to track account balance?

Hi FerruFX.... Nice to hear from you.. and I hope your trading is going well..... OK... that would make sense.... I've not that familiar with Arrays so I'll take a closer look at the online documentation.... Out of interest, if I find an array ...

How to track account balance?

Hi FerruFX, Thanks for the suggestion. I have tried that and there is not much difference. The price bars can still be seen behind the labels. I use a white background on my charts and was ideally hoping to be able to fill the label with a white ...

Left price label (obj_arrow_left_price) issue

Not necessary IMO... A characteristic of long-term trend following systems seems to frequently be a low win rate but a high RR....(this was my experience when trading equities anyway)... if the strategy has been designed to capture such long term ...

High hit rate vs big R:R - Which one do you prefer and why?

When I first started trading I focused on trading equities and would sometimes hedge a winning position with a spread bet type of trade. I used to do this when I was unsure of short term direction whilst remaining confident in its long term ...

Hedge a losing position?

High Win Rate or High R:R ?? The one which brings in the biggest profits.... IMO Thats the most important statistic in trading.....

High hit rate vs big R:R - Which one do you prefer and why?