Hi Globalinvest the problem is the indicator you are basing your alert on. the color stochastic indicator you attached, simply compares the current stochastic value with the previous, and paints all lines in that time period with the same value. so ...

Kevinator 5m retracement-Live trading

Hi Johntan it is not a must, but gives you less risk. The TMA bands can be thought of as another oscillator the upper band is Overbought, the lower band is Oversold General rule of thumb for oscillators is you try to buy close to oversold, sell ...

Kevinator 5m retracement-Live trading

And another thing.... (while I am imparting my somewhat dubious insights) Yesterday for ME was a terrible day, I couldn't get a trade correct if my life depended on it, and I managed to blow thru some 160 pips in losses. In fact yesterday alone I ...

Kevinator 5m retracement-Live trading

Hi All don't know if this helps anyone else, but for me I find it useful, I ignore the direction/colors of the 4hr stoch once it is in OB/OS I just assume that while it remains in OB it is bullish, OS it is bearish Reason being is that we are ...

Kevinator 5m retracement-Live trading

The thick red & blue lines are the Upper & Lower TMA channel

Kevinator 5m retracement-Live trading

Hi Longfellow this is why I switched to non-repainting versions of all the indicators, I was getting myself confused especially on the 4hr with it switching between up & down (usually when in extreme OB/OS) Regards, John

Kevinator 5m retracement-Live trading

must be broker differences, on mine both eu & gu show 4hr stoch as up

Kevinator 5m retracement-Live trading

I have a buystop in place on both

Kevinator 5m retracement-Live trading

Hi Omi yes those are the correct non-repainting indicators the arrows in the top r/h of screen are not part of this method, they are part of some experimental code I am testing out on trend detection based on HH/HL LL/LH. Regards, John

Kevinator 5m retracement-Live trading

A little clarification — A little clarification:- I normally am not able to trade early in the week due to other commitments, therefore when using this system profitably in the last few weeks it has always been towards the end of the week, by ...

Kevinator 5m retracement-Live trading

GUILTY - Wanton neglect — BREAKING NEWS:- JMW1970 has been found guilty of wanton neglect in respect to the sacred laws of Forex trading - Sentenced to an ass-kicking in the market.... more to follow

Kevinator 5m retracement-Live trading

Hi Geobull this is not according to any of the trading methods being used here. Price is already at the OB TMA, for long, price should be at least below the mid-TMA, the other parts of the rules you got correct. You may be lucky though... Regards ...

Kevinator 5m retracement-Live trading

GBPUSD — Sell (using "test" entry) method EDIT:- Not a good start, stopped out -19.5 pips, though PA looks like we might be making a trend change

Kevinator 5m retracement-Live trading

Sangmane my 2c, as someone who codes myself (albeit not very well) I appreciate the time you spent (especially as it saves me the bother of trying to work out how to code a dll!) Regards, John

MT4 Order Plugin: Trade by lines with risk based lot sizing

Hi The change would need to be made in the MQL "EasyOrder_Draw" in the version I am looking at it would be lines 41-46 ie. Switch(trade) { ..... } This defaults the lines based on the order type, the current code is based on ATR against the Bid/Ask ...

MT4 Order Plugin: Trade by lines with risk based lot sizing

Hi HappyHappy/All just watched a few of the webinars, one that was VERY interesting when combined with this method is the one on CCI & Stochastics. In the original rules of this method we enter on after the first bar in the Retrace Finder in the ...

Kevinator 5m retracement-Live trading

Hi Turboguru TMA True with Distances attached. The different range of "!Ultra" indicators can be downloaded from the Project Ultra thread (in platform tech - link is at the bottom of this post) Regards John

Kevinator 5m retracement-Live trading

Hi for note, there was only ONE valid MOM trade on EURUSD today below is marked (THIS IS WITH NON-REPAINTING INDICATORS) Range of movement was 100 pips (unfortunately I got stuck doing housework and missed it)

Kevinator 5m retracement-Live trading

Hi Daytrader the message you linked to is for JTee's flag trading method which uses 14 for CCI This is Divergence's flag trading method which uses 8. I think you might be mixing the 2 systems together. Regards John

Flag trading the trend

Hi The problem is to do with the slippage. on a 4/2 digit broker it will work fine as you have allowed for a 3 pip slippage. however on a 5/3 digit broker you have only allowed for a 3 POINT slippage slippage is sent in points, therefore for 3 pip ...

Time Entry EA, anybody can take a look?