It is looking good. Wish I had come up with it. My only tweak was to reduce the suggested 3 MA lines down to 2, because the middle line suggested is useless. Credit where credit is due, here is where I got the idea: video

Straightforward Bands with Stochastic

Very cool!

Straightforward Bands with Stochastic

As you can see, it isn't necessary for the %K and %D values to rise above 80 or fall below 20 before looking for a crossover. When they cross over at many levels, good action often follows.

Straightforward Bands with Stochastic

image I wrote my first MQ5 EA (in the past it was always MQ4) that shows the trend, whether a trade signal is seen or not, plus the moving average and stochastic values in the upper-left.

Straightforward Bands with Stochastic

What most of us here want is a system that will work well for retail traders (us). Arbitrage seems great in theory but in practice the brokers defeat it. We need to have systems that can catch large market movements.

has anyone EVER seen a successful trader/trading system?

Is it realistic to expect ECN access without paying commissions? I tend to think not. Small spreads plus commissions is about the best we can do.

Can we really beat trading costs?

With great precision and efficiency.

Broker Arbitrage

With classic 2-leg broker arbitrage, you don't need to know which broker is faster than the other.

Broker Arbitrage

Technical issues like this will be seen from time to time. Need to have the kinds of trading strategies and money management that will survive and even thrive through these events.

Trader's Way feedback

Stuff like this looks fantastic, until you try making sustainable profits with it. Ah well, we all must pay for our educations.

Into a new dawn

If I happened to be running the kind of EA that would take massive advantage of those spikes, and profited handsomely, would they take my profits away?

Traderway spike on charts

Tradersway is on my short list of brokers I'm considering for new live accounts. Demo account execution at least is very good.

Trader's Way feedback

I personally think MT4 is really good. Here's a hint: don't use the OnTick function. It's possible to gather quotes of many currency pairs far more frequently than waiting for each tick on one pair (the pair of the chart the EA is attached to).

OANDA Discussion

If you're going to trade opposite directions with the same pair on two brokers, might as well look for arb opportunities on both entries and exits. Why wouldn't you?

hedging with two brokers?

Everything one needs to know to find successful trading can be gleaned from a forum like this, youtube videos, other web sites, and years of trying many different things that work some of the time but not all of the time. Think, try, think think ...

My Own Broker Arbitrage

Interesting thread, especially now that I developed my own fast broker arb EAs with two-way interprocess communication and NOT reliant on the OnTick function, which is far too slow for detecting and reacting to arb opportunities. Many say it can't ...

My Own Broker Arbitrage

You forgot the convincing part.

Lets Automate a Simple Renko Strategy!

If I felt like it, I could code the idea, do a better job than this supposed commercial EA, and I'd give it away, source code and all. Just don't feel like it. Convince me it can really make 50% per day and maybe I'll feel like it.

Lets Automate a Simple Renko Strategy!

Hilarious, and ridiculous.

Wanna know why a majority of traders lose?