Looks nice, since it seems to be at a swing high. Would it be better to enter such a trade on the next candle open or once price breaks the outside bar's low? Or maybe even wait for a close below the outside bar's low?

james16 Chart Thread

Is this the kind of pinbar that we are looking for? I've missed it, but i wonder, where to set the stop loss, because of the long nose. image

james16 Chart Thread

I don't understand (.00 , .05 , .10 and so on are a LineSpace of 5.0). The indicator is drawing lines between 80% of the minimumQuote and 110% of the maximumQuote and starts counting at 0.

MT4 Round Number Indicator

I've made LineSpace a double, so 0.1 ^= 0.0010 and 0.01 ^= 0.0001 and did some minor logic changes. New Version attached to the intro posting: RoundNr.mq4 Note: RoundNrMulti.mq4 still is the old version, without linecorrection, double type LineSpace ...

MT4 Round Number Indicator

It's correcting the lines each tick now. The indicator automatically reinitiates itself once the timeframe is changed. I've made some minor logic changes, that may have been the reason for the problem. You also can change the LineSpace while the ...

MT4 Round Number Indicator

It's working 100% correct with my 5 digits broker. Have you copied and compiled the new version to your mt4 directory?

MT4 Spread Indicator

Interested coders may need to know the platform the indicator has to be coded for.

Need help to code a Momentum Indicator

Use url with PERIOD_W1 (Shift 0 for current week) to get the open price. Example for HLINE Object (you need 3 of them): ObjectCreate("Weekly Open", OBJ_HLINE, 0, 0, PriceLevel); ObjectSet("Weekly Open", OBJPROP_STYLE, LineStyle); ObjectSet("Weekly ...

I will code your EAs and Indicators for no charge

Hello bull bear. Simple solution to your problem.. outside function: bool placed=false; inside function: if (Hour()==Hour_Initial && Minute()==Minute_Initial && !placed) { ...

I will code your EAs and Indicators for no charge

Good trading to you. Note on the usage of RoundNrMulti The color of Line3 is dominant to Line2 is dominant to Line1. If you want the higher space lines to be shown in dominant color, simply assign the lowest value to Line1Space, the in-between value ...

MT4 Round Number Indicator

I've written a second version of the indicator with up to 3 possible line spacings with lines in different colors. Adding it to the intro posting now. Enjoy.

MT4 Round Number Indicator

Nice one, thanks for sharing.

MT4 Spread Indicator

I've opened a demo at a 5 digits broker, they're adding an extra digit to all pairs (didn't know that). I've changed a conditional statement, does it work for all pairs now? (-> attached file)

MT4 Spread Indicator

After doing some detailed testing and fixing, it's running stable now. No more problems now in my opinion. The TimeFrame Option "variable" means, the EA changes it's TimeFrame together with the trader changing the chart timeframe Maybe some of you ...

MT4 EA closing open positions based on MA

I'll change the EA, so it's working on basis of a constant timeframe. You can switch the timeframe while it's activated then, without changing EA's operation modus. Edit: I've fixed some minor issues (some lines of code have gone missing in v1.1) ...

MT4 EA closing open positions based on MA

Sidenote: The EA is checking and acting based on the current symbol/pair and it's current timeframe. It should work on all timeframes. I'll do some testing soon, to see, if everything works fine. Edit1: There seems to be a problem, it doesn't close ...

MT4 EA closing open positions based on MA

Some brokers quote an extra digit (1/10 of a point). I'll implement a check, if there is a 5th digit, so it should be unnecessary to add another option. Edit: Updating the intro posting

MT4 Spread Indicator