Well done for posting your loss. Remember this is normal. I was in the same short trade on that rapid drop, and I also had trouble getting closed. I actually took 20 pips slippage before my order was finally filled with 11 pips of profit instead of ...

Dice Man

Hi Bleek, Do not doubt your trades!! I know you have a really simple system and those are the ones that work. Take a look around this forum and you will see thousands of people all trying to filter trades, increase the win rate, increase the ...

Dice Man

Indicators are absolutely useful if they give you the confidence to enter a trade. However, if you mean do they have any predictive ability or statistical advantage......as far as I can tell the answer is absolutely not. I'm yet to see any hard ...

usefulness of indicators and smaller TF's

I'm not sure if this will help as your post is in a foreign language to me, (my maths is virtually non existent), but I had a similar question before and someone was kind enough to post an excel spread sheet for me. Hopefully this will be of some ...

Calculating probability of losing streaks

@ daytrading - thank you for adding such a good post to this thread. It seems to me that MT4 offers the brokers a license to print even more money, even though it meant quite a bit of extra work to integrate it to their systems in the first place. I ...

Why does Automated trading never seem to work?

Unfortunately I don't understand the workings of even the most basic EA, so I can't give any credible answer as to how they go about manipulating individual ones sorry. Plus, at the time of our conversations and meetings, I was only just getting ...

Why does Automated trading never seem to work?

No problem, I was just quoting word for word from your printed legal terms. I may have misinterpreted them as I am not a lawyer, but they do appear to say in plain English that you take the opposite side of every trade I was merely trying ...

Is MBT really an ECN ?

Certainly for the brokers I spoke to, they can manipulate the feed on a customer by customer basis. If we were using the same broker, the data that is passed to me can be very different to the data that is passed to you. It all depends on what they ...

Why does Automated trading never seem to work?

They are not a real ECN......at least not in the sense that most people think an ECN means they are trading on the real market and not against their broker. The common perception from retail traders is that by using an ECN they are trading on the ...

Is MBT really an ECN ?

yes good idea!

Why does Automated trading never seem to work?

I think it's apparent from a few of the posts here that many people do not really understand the role or process of retail brokers, and this thread certainly isn't the place to get that education. I would suggest researching some of the other more ...

Why does Automated trading never seem to work?

For the most part brokers do make money just from the spread, but EVERY time you take a trade, initially your retail broker is the opposite side, and SOMETIMES they get stuck there, which means if you win, they lose. If this happens often enough, or ...

Why does Automated trading never seem to work?

Sorry I don't. As some people here will already know, I am not overly savvy with the technical side of charts to begin with, so robots and their codes are way out of my reach. And our conversations were very informal (mainly about how they fleece ...

Why does Automated trading never seem to work?

I'm certainly no expert on this and I don't want to try and come across as if I know the entire ins and outs of how the brokers really work on a micro level or what exactly they look for in the robots. What I do know is they take them very seriously ...

Why does Automated trading never seem to work?

Thanks hanover, I went through the process of adding each currency pair to a chart and scrolling through each time frame for a few seconds as you suggested and then reloaded the indicator.....hey presto, it works! I'm with Alpari UK for my charts. I ...

Recent Strength indicator

Again thank you. I guessed there would be some pretty simple ways to achieve what I wanted, but I'm seriously behind when it comes to adding and adjusting technical indicators beyond the default settings. I really appreciate people taking time out ...

MA bracketed by 10 pips

Thanks Kostas, That is absolutely perfect! Exactly what I was looking for so thanks again.

MA bracketed by 10 pips

Hi Hanover, This is an outstanding indicator, thank you so much for your hard work on this. Being a bit of a technical biff with the charts, I have been working out this kind of association manually for my own purposes, and as you can imagine it has ...

Recent Strength indicator

For anyone having this problem, you should try to download from the paper clip symbol in the top right corner of the thread. Click that paper clip and you will see a list of all the attachments in this thread. You can then see the latest version of ...

Recent Strength indicator