If that would be possible everyone would be rich. It's impossible to predict the future of forex.

knowing when price is going to move x amount of pips at an exact time

Bad idea, let your profits run until the trend is over. Aswering to the OP question: if you risk more, you have less chances to recover yourself from a loss, for instance, if you lose a 50% you need to win the double, a 100%, to recover yourself. ...

When to break the 2% rule?

I don't know how to create an script for that, but I have made an excel template for calculating the distance of the SL in pips, you have to enter the lots, your balance, the risk in %, if you are gonna buy (B) or sell (S) and the price. Hope this ...

Is there a script that open trades by percentage?

Do you mean this? #property indicator_chart_window #property indicator_buffers 4 #property indicator_color1 Red #property indicator_color2 Green #property indicator_color3 Green #property indicator_color4 White #property indicator_width1 1 #property ...

EA for "Heiken Ashi Smoothed"

You were right dongsky! I hope you hold those short from yesterday, EURUSD has lost all supports: image Or that you have opened a short at 1.329 like I said to you, unfortunatelly I have not put a sell stop at that point so I've lost the short ...

My trading journey

FXPro demo has gold too: image

heiken ashi smoothed gold chart?

I don't understand. What do you mean with percentage? The distance of the SL?

Is there a script that open trades by percentage?

Trend continuation in H4 & Daily charts, but in my case with tight SL because is near to break the 1.33 support.

My trading journey

The EURUSD is near to a support @1.33, if I was you I would close the short and wait, if the EURUSD crosses 1.33 clearly, let's say, below 1.329, I will open another short, but until that I would be long with SL:1.32950.

My trading journey

Finally I get it: Forex is a combination of trends on larger timeframes and randomness on lower timeframes, so we all have the reason! Do you agree?

My theory about forex market

If it has trend, it isn't random. After reading Turtles System I'm beginning to think that maybe I was wrong, but in the case of EURUSD I only see definited trend on monthy charts, below that it's hard to predict the trend, and maybe in the ...

My theory about forex market

Here you have another simulator: url In visual mode you can load your template that can include all indicators that you want

How to backtest a strategy (not EA) on MT4 ?

Be the first to buy or sell when a new releases and hope that the rest of institutional traders do the same but AFTER of me. That, or having privileged information

My theory about forex market

The reality is that nobody knows

EURUSD

Time to buy? image

EURUSD

Yes, but with high leverage you have the temptation to open larger lots, and this is how I have blown many accounts, greed is in the human nature.

Is high leverage really bad for traders?

Me, I use H4, because I consider below H4 timeframes are too volatile and above H4 timeframes are too large for make daily trading. I usually open 1 or 2 trades per day.

What timeframe do you use for trading?

This is very important, even if after all forex is a random market if you have an edge and with MM you may take some money from the market to your account.

My theory about forex market

Thank you, I'm gonna return (I have blown many real accounts) to demo until I have 3 consecutive months in profits while I read the J16 thread.

My theory about forex market