It certainly can be done, but the methodology will depend on your application. The current bar always has an index of 0. The previous bar is 1, the bar before that is 2 etc. So the bar index will always tell you how long ago it happened... e.g. Bar ...

Counting number of past bars since price pattern occurrence

Hello sunsaki2000, Unfortunately that option is not available in MT4. The indicator windows are all sub (under) windows, with the main chart always being at the top. A rather unsatisfactory workaround is to open 2 charts of your instrument and ...

I will code your EAs and Indicators for no charge

Hello Mikali, congratulations on the trade For many people, it isn't about the number of trading opportunities but the quality of them (coupled with good money management). If you can consistently make 26.5 pips a day for your trading ...

Ratios & Harmonics: a Different Way to Trade

Hello Zackery, Is this problem on MT4 or MT5? Presuming MT4... please can you confirm you checked the logs by clicking File > Open Data Folder then going to MQL4 > Logs? That error message should be printed in your logs. When you find it, the ...

MT4 navigational tips and techniques

Nice way to start the day! Good job - I missed this opportunity (NY open has been biting me too much recently). Hello Bennicola, Thanks for posting. That will certainly be an interesting area to watch if price makes it back there cleanly. The ...

Ratios & Harmonics: a Different Way to Trade

Lovely trade!

Ratios & Harmonics: a Different Way to Trade

Hello Mikali, Price always has a reason for doing what it does, the problem is figuring out those reasons! The market is full of obstacles. Some are obvious, some are hidden, some are expected and some are unexpected. Whenever price reaches an ...

Ratios & Harmonics: a Different Way to Trade

Hello Mikali, My apologies - DPP is an abbreviation I use for Daily Pivot Point (WPP=weekly pivot point, MPP=monthly pivot point). I won't go into too much detail as I don't think Mr. Pip uses them in his analysis, but to me they are significant ...

Ratios & Harmonics: a Different Way to Trade

A bit quiet on the thread today. A nice trade on the EURUSD, arguably a delayed entry and early exit but reasoning is on the chart. +30 pips. image

Ratios & Harmonics: a Different Way to Trade

Please can you provide the details printed in your log - that will help narrow down the cause.

MT4 navigational tips and techniques

Nicely traded Jamos! 'AB=CD' is a very generic pattern with many combinations, from which Mr. Pip has derived a preferred C retracement and given it the name 'ABCD'. So it is fair to say that all 'ABCD' patterns are also 'AB=CD' patterns, but not ...

Ratios & Harmonics: a Different Way to Trade

Hello Mikali, Looks like the trade is working out really well for you! It was interesting to see how price fell into a pennant in your PRZ (marked in green), which patterns traders typically consider a continuation pattern rather than ...

Ratios & Harmonics: a Different Way to Trade

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EURUSD

Very nice analysis DeepakJ. EURUSD has been painfully slow today, ever since London open at the Daily Pivot. Although this isn't unexpected for FOMC day. Not everybody is a fan of trend lines, but I find them useful to complement my analysis. For ...

Ratios & Harmonics: a Different Way to Trade

Not hard to believe at all - I do it all the time! So now I draw them on the chart.

Ratios & Harmonics: a Different Way to Trade

Hello Mikali, I'm glad it helped. To answer your question, it took 26 bars for price to get from A to B. It only took 14 bars for price to get from C to D... nearly twice as quick! I'm sure you'll agree that manually counting bars is tedious. But if ...

Ratios & Harmonics: a Different Way to Trade

Hello Mikali, Firstly, let me say that (1) I don't trade GU, (2) hindsight trading is always easy, and (3) BE is not a bad result. Big picture: you're against some very bullish order flow. That will make any short difficult. I'm not going to say ...

Ratios & Harmonics: a Different Way to Trade

Previous trade stopped at BE, second time NY has caught me out Also in this short too - but looking kinda ugly right now. I had missed the upcoming news

Ratios & Harmonics: a Different Way to Trade

In short again image

Ratios & Harmonics: a Different Way to Trade

Out at +15 pips. I didn't like that momentum shift into 61.8AB=CD image Update: original TP would have been hit. Oh well, on to the next one!

Ratios & Harmonics: a Different Way to Trade