Well, I guess it is better to be defensive than offensive.

Art Phantom EA

I guess everyone is entitled to their opinion. It is just so incredibly slow to test different variations of these strategies using forward testing on demo accounts. To me, it makes more sense to use history data to get general ideas of how ...

Art Phantom EA

Caillou, I wrote a custom script to backtest. The attached file contains summary statistics of the 3 month test. Detailed stats are available but I don't feel like accumulating all that data. By the way, before I made several tweaks to the strategy, ...

Art Phantom EA

I made some tweaks to the full strategy and ran through my backtester. I used a $10,000 account balance, traded 2.0 mini lots per trade, and a take profit of $50 per basket. Since I am in the US, I used 50:1 leverage. There are a few other ...

Art Phantom EA

For the leverage, I simply use the value returned by the AccountLeverage() function. I assume you are saying the leverage that is displayed by this script is not the same as what the leverage is for your account. I can only use the information the ...

Assorted Indicators/Scripts

FWIW, my understanding is that the formula to calculate margin required (per 1 lot) for an account in US Dollars is: MR = UsdConv * BrokerLotSize / BrokerLeverage The margin used for any trade is calculated using the trade open price. double ...

Margin - How is it calculated?

What exactly doesn't work on InstaForex?

Assorted Indicators/Scripts

PairData2 script - shows the following information for each pair (of the 28 non-exotics) your broker offers: Pair Name Spread True Point (Pip point) Pip Value (Per Lots) Commission (Per Lots) Margin Required (Per Lots) Long Swap (Per Lots) Short ...

Assorted Indicators/Scripts

I get this:

Live Traders - Worst Month of 2009

For short upper wick and and an up candle, it is safe to assume most (maybe all) pairs in the basket closed near their highs. That would certainly point to some upward momentum. Now, combine this information with a break of S/R, then you might have ...

Indicators development for T101's not very simple method

Hi charvo! The error (by error, we mean invalid or "exaggerated" high/low) could be on all bars. A very simplified example: Let's say we have a basket of 2 pairs: EURUSD and GBPUSD. We want to calculate the high for the Oct 26, 2010 04:00 H1 bar ...

Indicators development for T101's not very simple method

That is impressive - I certainly can't look at the charts and clearly see that trends develop 25-30% of the time. Some of it certainly has to do with how one interprets price movements - how one defines "trend" and, in this case, how one defines ...

Ridiculous Trading Myths

What method/algorithm did you use to come up with this number?

Ridiculous Trading Myths

Also regarding trending... Market trends 25% of the time and ranges 75% of the time.

Ridiculous Trading Myths

I think this is the most recent one: url

Indicators development for T101's not very simple method

sangmane, This is excellent! It sure does create an easy way to transport data to/from Excel (or anything). Thanks for another great contribution!!!

Named Pipes for MT4

And this is the problem with the "T101_Indy_PriceHistory_vs-dnk" basket generator - it is not very accurate, especially for higher timeframes. To be more exact, the opens and closes for each bar are exact (those are easy). But the highs and lows of ...

Indicators development for T101's not very simple method

Thank you for your kind words! Since ticks are not saved in MT4, I use the lowest level that is saved: M1. Other Range Bar/Renko generators use M1 to calculate historical bars and then use tick data while generating live bars. I do not agree with ...

Assorted Indicators/Scripts

TMATrue has these enhancements: - Indicator was completely rewritten, removing lots of unnecessary code. - Implements a reusable internal function for TMA calculation allowing for easy plug-and-play implementation for EAs, other indicators, and ...

Nanningbob 4h trading system ver. 5.0

Maybe a non-repainting version of the TMA indicator would be useful.

THV system, final edition