Senbanda, My EA doesn't show any lines when I load it. You will know that it loaded correctly by looking at the top RIGHT portion of your chart. If you loaded it, but either do not have the "Expert Advisor" toggle button on the top menu bar ...

EJ_4H method

Thanks, Ibo. Yes, I do sometimes get lost in forest with all the myriad technical indicators there are out there. Thanks for reminding me of the value of re-focusing on the basics like trend lines. Best, Ian

EJ_4H method

Ibo, I don't know much about the use of the Ichimoku Kinko Hyo indicator or how it actually functions, but it looks like it is a pretty accurate indicator of support and resistance. Can you explain your method of using this in addition to pivots and ...

EJ_4H method

Senbanda, Do this: 1) Download the .mq4 file that Chinplant posted yesterday for the EJ_4H EA. You will be prompted to either Save it or Open it. Select Open. Your computer should recognize it as a MetaTrader file and open your MetaEditor ...

EJ_4H method

Senbanda and others, You're going to have to be more specific about what you are doing to attach the EA as I had no problem attaching it to my charts. I would recommend grabbing the .mq4 (source code) that Chinplant just posted, saving it to your ...

EJ_4H method

Chinplant, Thanks for your hard work on the EA for EJ_4H. It looks great to me. I'm going to put it to work on some demo accounts I've got to see what results I get. I'll keep you posted... Regards, Ian

EJ_4H method

No doubt. I'm more of the conservative type (with my money, at least) so I'm going to hold out until I see some decent retracing back up. If it retraces back to the 38% Fib from this morning's 200-pip drop, that would end up being right around the ...

EJ_4H method

Reversal? — Well - I believe we're now seeing the long awaited reversal for the dollar... EUR/USD has fallen 200 pips in the first 4 hour bar alone. Ibo - any advice on how to trade this? We know that any unnaturally long bar needs to be dealt ...

EJ_4H method

It would be nice to have the MQ4 file so we could "look under the hood" to see the logic Chinplant is using in the EA...

EJ_4H method

Hi Ibo, Are you basing your reversal prediction for Friday on the extreme oversold status of the USD combining with the institutional position squaring that takes place on Fridays? If not, can you share with us your rationale? Thanks, Ian

EJ_4H method

OK folks, In order to set up MT4 to work with the EJ_4H system, you need to: 1) Download ALL indicators, place them in your "Indicators" folder. 2) Open up each and every one of the indicators you downloaded via the MetaEditor (exclamation mark icon ...

EJ_4H method

Hi Ibo, No need to apologize for the long post. I think we are all very thankful you are sharing your method and knowledge with us, so the more information, the better... Based on the fact that you took (or would have taken) the last LONG trade ...

EJ_4H method

Hi Ibo, It would seem to me that the EJ_4H method is purposely built to take advantage of reversals in a ranging/lightly trending market. Given that all signs point to the beginning of what could be longer-term overall weakness in the USD across ...

EJ_4H method

RoBik, Would you mind posting the EA you coded here? That's one thing I've been wanting to look at as well, but I don't have the coding skills to put an EA together with any sort of speed... Thanks, Ian

EJ_4H method

Ishay, Don't despair. Many download MetaTrader and use a demo price feed to do their analysis and then make their trades with their broker, using their proprietary platform. It is much more convenient to have MT4 be your trading platform when using ...

EJ_4H method

Ibo, No doubt. I've been pretty much on the sidelines with the exception of a 20 pip USD/JPY and another AUD/USD 23 pip trade this week. Now that the Fed has laid their cards on the table saying they will take a temporary break from raising interest ...

EJ_4H method

Gabroo, Now THAT'S some serious "fundamental" news we can all take seriously... Note to self: Buy asteroid collision proof umbrella... - Ian

die young

Hi Johnny, First, please read the two PDF files Ibo has made available on the first post of this thread to get an understanding of what the trading method is all about. He explains his approach there. In short, the 'no space between' comment was ...

EJ_4H method

Nice job on the pips, I think I got out of my USD/JPY trade just in time. Looks like it's starting to head south again, at least temporarily, as the 30-period stoch is still hanging out in 'oversold' territory...

EJ_4H method

I set my stop a bit too tight on this one, as I set a trailing stop of 20 pts and got stopped out after only 20 pips... I'm not entirely convinced of the momentum behind this correction, so I gave it a lot less room to breathe. Anyway, 20 pips is ...

EJ_4H method