Many thanks, Pipsqueak4x. There are more enhancements in the pipeline, that will be released soon. David

FFcal - Plot News indicator

Mason, you (or anybody else) is most welcome to change the indicator to suit your own requirements. I intentionally post the source code of all my work so that it's available for anybody to use however they please. I know there are some folk who ...

NEW!! - Candle Aggregation indicator

Mason, what you're asking is actually quite difficult. What happens when we start aggregating bars from a certain point in time? Let's say we choose 1 hour bars, and choose to aggregate 5 bars into each candle. Because 24 is not divisible by 5, the ...

NEW!! - Candle Aggregation indicator

If there was no randomness in price movements, then prices would be 100% predictable. And if trading was 100% skill, then the skilful trader would have a 100% win rate. Unless his system, or its implementation, is somehow faulty, then losses are ...

Poll: Is successful trading more dependent on skill than luck?

Anybody can get lucky, and there's 100:1 leverage involved. The big question is: was he able to sustain this rate of return for the next (say) 12 months? If not, then I'm afraid his 2-day windfall can only have been the result of luck. Put another ...

Poll: Is successful trading more dependent on skill than luck?

Yes, but........ — Narafa, yours is an argument I’ve read before, but consider this. The market doesn’t care whether you’re entering or exiting. If there is only a 50/50 chance of entering in the right direction, due to randomness, then there ...

Poll: Is successful trading more dependent on skill than luck?

Thanks — Many thanks, everybody, for your responses. Goodthings, you’ve gone to an amazing amount of effort. Thank you. I’ve seen Fibos drawn between prominent swing highs and lows before, but not using the day’s high and low. A very good idea ...

Daily GBP Povit Points (S/R levels)

Mr marketz, thanks for the feedback. Kurka, sorry, I don’t know how to access ticks. I’ve looked in the MQL4 language reference under ‘Predefined variables’ and ‘Timeseries access’ and can’t find anything suitable. Some of the other more experienced ...

NEW!! - Candle Aggregation indicator

Candle Aggregation indicator — The following post url might be of interest to enthusiasts of the James16 methods. David

james16 Chart Thread

Version 1.02 of FFcal is here.......... — Here is the latest version (v1.02) of FFcal.EXE. To install, simply unzip the attached to your original installation folder, overwriting all files already there. If you haven’t already done so, you’ll ...

FFcal - Plot News indicator

Thanks — Samuri, Yohan_ip, Many thanks for the feedback. Best wishes David

FFcal - Plot News indicator

COT video tutorials — For anybody who would like to have weekly COT data plotted directly on their MT4 charts, this might be worth a look: url And for anybody that's interested, some comprehensive video tutorials on understanding COT here: ...

COT Weekly Trading Strategy

Bemac, old chap, just when I'm hopefully starting to get a handle on things, you suggest I should trade according to the prevailing weather conditions? Of course I haven't a clue how Kathy trades. I believe that she's regarded as a forex guru, ...

Poll: Is successful trading more dependent on skill than luck?

But the trick is to know which 10% to read!!!! There are posts that recommend mechanical systems; others discretionary ones. There are dozens of different methods outlined here, and all have their advocates: Vegas, James16, PipBoxer, Tlatomi, Fozzy, ...

Poll: Is successful trading more dependent on skill than luck?

How to use daily / weekly pivots? — I’m interested to know if, and how, successful traders use daily (or weekly) pivots. I used the attached MQ4s to plot daily pivots on several charts, to see how frequently prices reversed near the pivot, and ...

Daily GBP Povit Points (S/R levels)

Perhaps it’s because I haven’t read enough newspapers, but I’ve never heard of a casino going broke. Does a casino gamble? Here’s why casinos are “guaranteed” to profit: 1) Statistical edge: they only offer games with a positive expectancy (in their ...

Poll: Is successful trading more dependent on skill than luck?

Latest Plot_News indicator — The slides in the attached ZIP illustrate the features of the Plot_News indicator, and its companion, FFcal.EXE To install the indicator and software, first download the files in post #25, by following the ...

FFcal - Plot News indicator

Latest version of FFcal.EXE — Here is the latest version (v1.01) of FFcal.EXE. To install, simply unzip the attached to your original installation folder, overwriting all files already there. If you haven’t already done so, you’ll need to ...

FFcal - Plot News indicator

Mexicomike - Many thanks for the feedback. Much appreciated, and will encourage me to make the effort to document and release my future creations. David

FFcal - Plot News indicator