I think it depends on what the expert forex trader uses for his strategy. If the expert seasoned forex trader uses one strategy only, there will be periods of time where there appear to be no signals. If the expert forex trader knows how to adapt to ...

The expert Forex trader and Charts

Check this out: http://www.forexfactory.com/forexforum/showthread.php?t=5293

What demo account do you use?

I've seen many sources before who would suggest measuring target from the trendline and not from the opening. Worth a thought? Could also open two positions and have 2 targets. Worth a thought? Could also keep a position open until a reversal signal ...

Learning From Unsuccessful Mouteki Trades - The Search for Filters...

monty, Good question. My demo at the moment is showing 2 pair only LOL. My other demo is showing 4 majors. But it's the weekend and I've noticed that happens on weekends when the market is closed. I understand you're demo-trading with MT4, am I ...

is there more than 9 pairs on mt4

My 2 pips — 1. EVERY method has its drawdowns. 6 losers in a row isn't the biggest drawdown I've heard of. There are methods (and profitable ones!) where your prediction is only correct 15% of the time. This game is about NAV (net added value) ...

where is mouteki... the person

Not necessarily true Some people compound. What I mean is, always risk 5% of your capital. If your capital increases, you increase your risk proportionately and still risk exactly 5%. That way, the more trades you make, the quicker you compound. ...

Mouteki with other time frames?

karakoyunlar, Thanks buddy! This is a superb collection. Thanks for sharing it. Lighty

MT4 indicators

Liz Yeah, it's a big problem with MQ4. The language itself is great (with a couple of glitches but they keep improving it) but metaquotes have not released any reference documentation. I've found a thread with beginner-level tutorials and started ...

HOW DO I WRITE THIS?

SendMail("From TM","TM : "+Symbol()+" "+Period()+" " + Bid + " - Changing Trend Direction Long now"); ok, that's better (left out quotation marks after Bid in the last post)

HOW DO I WRITE THIS?

Hi Liz, Here goes: SendMail("From TM","TM : "+Symbol()+" "+Period()+" " + Bid - Changing Trend Direction Long now"); or you can use "+ Close[1]" instead if you want the closing price of the last closed bar. Good Luck Lighty

HOW DO I WRITE THIS?

..... i mean bars, not candles... ok, enough of this monologue LOL

Coloring bars

Or you can color all the candles between 3 and 21, and that way the uncolored candles will be your candles from 22 to 2 Many ways to skin a cat

Coloring bars

Simple solution — Yeah, that's cos 2 a smaller number than 22. the script simply takes numbers between lower and higher. If you want to color bars from 22 to 2 one color, you can do this: 1. Set color1timestart at 22, color1timeend at 23. ...

Coloring bars

Hi turbokaos Exactly, could be very profitable but couldn't have a ralistic stop. In other words, if you have lots of capital, it's a great idea. Invest a couple of hundred grand, have 10 trades per year, make 50 grand a year (just estimates)...... ...

Mouteki with other time frames?

LOL But quite seriously, what Freebies said is 100% true. Coldn't agree more. People tend to look at systems and setups backwards; find out if they would have picked up some good trades, looking in hindsight. Then the next step is to "cheat" or ...

Why kid yourself?

I think you're confusing with the HOLLOW GRAY

Why kid yourself?

LOL yeah they work..... Pity how MT4 hasn't come up with any proper documentation huh..... L

list of colors?

Hi Doc, I liked your idea so I've made this little indicator based on it. Couple of things about it: 1. It doesn't actually color entire bars, it just draws a colored-line through the body of the candle. This way, you can still see if the bar is a ...

Coloring bars

Demark indicator - fix in progress — It has been pointed out that the Demark indicator draws trendlines more in accordance with the Demark principle and with the mouteki rules than does the mouteki indicator. The differences are subtle but can ...

modify Mouteki/ Demark _trend _new indicator?

imbiber, That's cool. BUT the mouteki indicator version with timebar (the most recent version that has been posted) had an email alert in it already, thanks to the original programmer. I've only changed it to stop it from deleting all other objects ...

modify Mouteki/ Demark _trend _new indicator?