Hello @RickM -- I think this is *very* interesting and innovative, and I'm curious to hear more. Good for you -- you think "out-of-the-box" and approach your trading from a unique perspective. That is extremely cool (and rare). One reason we focus ...

Trading Made Simple

Agreed... Another reason why MT5 is a "dead end" is it doesn't support Magic Numbers. If you trade portfolios of EAs (i.e. many strategies at the same time) then you need a way to track how each performs. When designing MT5, MetaQuotes intended to ...

Making an informed decision about the platform to go with

@fxanalysis -- I just discovered your 'Composite Index.ex4' indicator in Post #14. I've been experimenting with it a bit and have concluded it is truly excellent. I've added it to my small list of favorites. Thank you very much.

Indicators by fxanalysis

Sorry -- your CO_3_Level_ZZ_Semafor_NRP_Alerts.ex4 indicator does repaint. I just now checked it in MT4's Strategy Tester. Repainting (and recalculating) indicators aren't necessarily bad since they can be useful in terms of providing a "heads-up" ...

Any non-repaint indicators that work well trading forex

@dkrock -- I've been browsing through you older posts and came across Post #188. It made me smile and want to dance. Your posts are the best -- I'm learning and enjoying at the same time. How often does that happen?

LFX Trading Proverbs

Wonderful analogies -- tracking the basketball scoreboard and traveling down a river. I get it... You did not mention "Money Flow" -- that's me trying to interpret something you said. You mentioned "flow of buyers and sellers" and the Money Flow ...

LFX Trading Proverbs

Hi RickM -- thanks for your thoughtful response. Yes -- "over-optimization", "curve-fitting", "over-curve-fitting" -- does bring up some interesting and diverse perspectives. Surely -- there is such a thing as "over-curve-fitting". However, as far ...

Forex Tester 3, better then MT4 back testing?

@RickM -- I agree that Demo testing informs you of bugs -- but 3 months or longer? If you agree that broker data is important then you also understand how important it is to periodically recalibrate with recent broker data -- right? But if you are ...

Forex Tester 3, better then MT4 back testing?

Great thread -- lots to think about. When you mention buyers and sellers and "going with the flow" -- could you be a bit more specific. I'm not expecting the magic sauce -- but I could use some help getting pointed in the right direction. I develop ...

LFX Trading Proverbs

@dkrock -- excellent post, one of the best I've read here at FF -- great insight and advice. I learned a lot and it made me think. Thank you...

The perfect combination (lets all profit from forex)

@copi88 -- I would beg to differ. The reason why is due to indicator settings becoming less optimal as the data changes. Indicators are simple algebraic formulas, often times with only a single setting (e.g. MA period). Data is "king" and its ...

The perfect combination (lets all profit from forex)

@emmzett -- this afternoon I had a need to launch a script from the command line and also from an EA. At first I tried ScriptCaller and, like others, couldn't get it to work. Then I rediscovered this thread and saw your solution for launching MQL ...

calling scripts from indicator

@Acs_112 -- so, if I understand you correctly, then you trade simply by watching the raw tick data -- is that correct? The reason I ask is because -- as you know -- bars and candles are also indicators. There is no such thing as bar or candle data ...

The perfect combination (lets all profit from forex)

Here's a link to a simple explanation about A-Book and B-Book brokers -- the same as what @emmzett described. Now that I know what to search for (I had never heard of "B-Book" before), you can find many articles: url @emmzett also described how ...

Can MT4/MT5 Brokers steal Indi/EAs?

@driven18 -- you may have a point. I don't think I'm trolling -- after all, I was the one who initially asked the questions that @emmzett so graciously answered and the responses you seem to be so interested in. Actually -- I'm not really sure what ...

Can MT4/MT5 Brokers steal Indi/EAs?

@driven18 -- take this information seriously -- but not literally. @emmzett has already answered these questions. Asking them again is not considered "doing due diligence". "Doing due diligence" is when you go out and do some detective work to learn ...

Can MT4/MT5 Brokers steal Indi/EAs?

Absolutely true. And you know what -- I've never before come across the type of information you've posted here. I'm so focused on strategies and the details of trading it never occurred to me to check with my brokers about "B books" or direct feeds ...

Can MT4/MT5 Brokers steal Indi/EAs?

@emmzett -- your posts answer so many questions that have been bubbling in the back of my mind. With this information I have a much better picture of the forex landscape. This thread is worth way more than my price of admission to FF Again ...

Can MT4/MT5 Brokers steal Indi/EAs?

@emmzett -- super, super response. I just learned more from your post than from searching and Googling the past couple of years. This is all very interesting. I need to chew on it for awhile. I'm not sure exactly how this will affect my trading ...

Can MT4/MT5 Brokers steal Indi/EAs?

@Nicholishen -- a few days ago you commented about how brokers could manipulate the data feed in order to mitigate losses. If you don't mind, I had a couple of follow-up questions: 1. Is there only one data feed? That is, do all clients receive the ...

Can MT4/MT5 Brokers steal Indi/EAs?