Dear Pipanator, So, spread is the gap between the Bid and Ask, right? In the end, it is the same if closing out not a volatile times. For example, At $10 per pip, if you close 1 lot position for 12 pips with 2 pip spread ($120 - $20 = $100) or close ...

Confused About Wins/Losses Ratio

Dear EXpRINCE, I just have to thank you for that tip of writing down a daily list of fears and facing them, already started. Can you please comment on taking a risk to change and then failing? Where do we draw the line between taking risks and ...

What Fears are holding you back in life?

Dear Pipanator, I can guarantee anyone reading will be as confused as you are because not all of the info is provided. If you would like others to try and help, please include more details like what were you trading. You can even paste a history of ...

Confused About Wins/Losses Ratio

Dear TwFXtrader, That is actually impressive if you maintain the consistency Your description of loosing 9 accounts to achieve one account to 20k is neat as it can provide a break and prevent revenge trading. With your stat, you are likely to see ...

$2k - 200k in 6 months

Dear Joshatt, That just means you do not have the source code for it to use with metaeditor. You can still run the indicator, drag it onto the chart and see if it loads, otherwise you have misplaced it (there is also "Experts" and "scripts" ...

utility- how to install in MT4?

Dear Pipanator, It is a little bit unclear of what you exactly want to achieve. There are 2 standard fibs in the tools that I am aware of (extension and retracement). If you can please provide some more detail or even a picture it should make it ...

MT4 - Add 2nd Fib Ext

Dear Joshatt, If you have placed it into the correct folder, you need to either right click and hit refresh in the indicator window of your terminal or close and restart your MT4 terminal for the indicator to appear in your list. Good luck, Kind ...

utility- how to install in MT4?

Dear buff, You can do the following to remove the 2nd colour box. Change the following: #property indicator_type1 DRAW_COLOR_LINE #property indicator_color1 clrLimeGreen,clrPaleVioletRed to: #property indicator_type1 DRAW_COLOR_LINE #property ...

How do you adjust color on custom indicator

Dear buff, That one is .ex5 which can not be edited, do you have the .mq5 ? I know the mt4 version of the indi Kind Regards, Tzamo

How do you adjust color on custom indicator

Dear buff, I am not sure if I have come across any that use 2 colours in a single slot, but if you have the mq4 you can try the following: Go into the editor for the code, and just look for #property indicator_color1 or 2 or 3 .... located in the ...

How do you adjust color on custom indicator

Dear Dasilvja, What is an EA exactly? It is just a set of written instructions to perform tasks when conditions are met. So, like you mentioned "creating a system that works", if one could write specific rules to carryout each function/ task then it ...

Do EAs really work?

Dear forexseer and FF Users, Based on my experience and study, Losing Positions and How To Best Manage Them: Close Them Each position/ group of positions; should have a loss limit where you admit that you were wrong. The goal is to survive the ...

Losing Positions and How To Best Manage Them

Dear EXpRINCE, I find this topic interesting and want to share in the view of a student. What I have noticed is that the seminars (webinars) can be sponsored by forex brokers, but are given by other companies. My conclusion on what benefit brokers ...

Would you attend a "forex broker" seminar on how to trade?

Dear rez120, Please try the ex4 kindly posted by George_AUS as it will not need compiling. Otherwise to get that one to compile, simply change all "char" into "_char" by using find and replace (same as in text editor like MS Word). Hopefully that ...

Extreme TMA System

What I wish for is that everyone can appreciate everything that they currently have and not take things for granted.

What you want for this Xmas?

Dear KP, Thank you for sharing your observation and to be honest I would have not expected to read about such an incident. FF is a forum after all, a place where opinions, discussions and knowledge are shared (good and bad). I think that by limiting ...

Between thread hopping and systems hopping, which is worse?

Dear dweb, That looks good apart from the last potential buy in my opinion, perhaps you can limit/ filter the potential buy or sell if the distance from the 0 cross is too large? Kind Regards, Tzamo

Exotics (USD/TRY, USD/ZAR, USD/MXN, and others)

Dear ctdthieu189, The colour does not matter as you can change it easily... The maths behind the calculation to draw the line is the important part. Looks like hull MA to me also, see if they both draw on the same place and then worry about the ...

Who can tell me what the red indicator is? thank you

Dear tejt, Do a search for strategies, there is so many out there. To succeed in trading you have to do the work or you are guaranteed to fail, sorry for the harsh words. I just want to help and provide some considerations you can follow up on. It ...

Profitable strategy with basic indicators

Dear RCtrader and andern2000, Just thought I add some more detail. Andern2000, what is leverage is just the amount of money the broker will lend you to open a position and reduce the amount of funds needed for margin to hold a position open. This ...

Question About Leverage