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Risk level indicator for MT4?
Started Apr 13, 2017|Platform Tech|0 repliesI have been trying to find a Metatrader 4 indicator that would draw risk-reward lines on a MT4 ...
- AlliumPorrum replied Mar 1, 2015
Aaaand now I will answer my own question; my spread setting was "current", and when I changed it to be 5, I started getting pretty much the same results both ways. Dunno why, but now it works

Visual tester & optimizer show different results?
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Visual tester & optimizer show different results?
Started Mar 1, 2015|Platform Tech|1 replyI just noticed that when I test my EA in MT4 with Visual Mode, and then run the same EA with ...
- AlliumPorrum replied Jan 26, 2015
But now that I started reading about the backtesting of the multipair/multitimeframe EA in MT4, I found out that it is not possible at all
Or is it really so? Isn't there any way to test & optimize multiple pairs/TF's in MT4??EA for multiple timeframes and pairs?
- AlliumPorrum replied Jan 25, 2015
Actually, I think that the wisest choice for me would be to implement the EA so that it CAN trade with all pairs and all timeframes, but it's parametrized so that it still can be used only for one pair or one timeframe, if wanted. This way I can: - ...
EA for multiple timeframes and pairs?
- AlliumPorrum replied Jan 23, 2015
Well yes, if it works, it works :=) But how do you exactly know that it works correctly on every trade, if you don't check it? My trading method is quite complex, and even though I have tested it a lot, every now and then I still notice that some ...
EA for multiple timeframes and pairs?
- AlliumPorrum replied Jan 23, 2015
Thanks Sym, but if I understood correctly you are talking about error handling, right? What I meant is that I would like to always visually check from the chart that every trade was opened & closed with exactly the correct parameters, i.e. my EA ...
EA for multiple timeframes and pairs?
- AlliumPorrum replied Jan 23, 2015
Thanks for your comment, sym! I know that *might* be better to test every pair at a time, but there is also a big risk for a curve fitting failure this way. I'd prefer a method where I try to find best possible setting for all pairs in common, and ...
EA for multiple timeframes and pairs?
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EA for multiple timeframes and pairs?
Started Jan 22, 2015|Trading Discussion|9 repliesHi all! I have a question about using an EA on multiple timeframes and multiple currency ...
- AlliumPorrum replied Nov 1, 2014
Nice trades Hytten! I'm not going to be scalper, D1 and H4 are surely to shortest feasible time frames for me. And I did not actually mean to "take small profit and run". Or well, at least it depends on how do you define "small". What I'm trying to ...
Trend Trading All Pairs
- AlliumPorrum replied Oct 30, 2014
Thanks again for your response Hytten! I did not know about using SMA50 as a stoploss, that's on interesting idea that I have to take a look on. I'm trading (or; learning to trade;-) D1 and H4 as a setup chart, and I can't be behind the screen all ...
Trend Trading All Pairs
- AlliumPorrum replied Oct 29, 2014
I have a few questions about this 3sma method, which I haven't got a clear answer from this thread or anywhere else: - When taking the trade, setting the SL just behind where the BPC started is quite clear for me. But, from some posts I have ...
Trend Trading All Pairs
- AlliumPorrum replied Oct 29, 2014
Well this thread is all about it, just start from message #1 ;=)
Trend Trading All Pairs
- AlliumPorrum replied Oct 28, 2014
Belief; are you trading some other method than Hector's 3ma? I'm a newbie so I may have understood something totally wrong, but for me it seems that EG & NJ are not having a good enough trend for 3ma method, and AU is actually goind down on D1 ...
Trend Trading All Pairs
- AlliumPorrum replied Oct 26, 2014
Sorry about my vague explanation Hytten... I'm just trying to understand that if the price action gets in to a channel (yellow line is a bottom of it), should I wait for the BPC to be found below the yellow trendline, before taking the short trade ...
Trend Trading All Pairs
- AlliumPorrum replied Oct 23, 2014
Ok, so you don't wait the counter trend (red lines) to be broken, but basically you trade on a channel also. Is that a "valid" 3sma style, or your own addition to it..?
Trend Trading All Pairs
- AlliumPorrum replied Oct 23, 2014
Thank you very much NaughtyPip! But just to be sure; would you have traded it on the 4 or 5? But basically, I think I was on a right track anyway. Of course I did not understand that setup so throughly than you did, but I got lucky ;=) And hey; what ...
Trend Trading All Pairs
- AlliumPorrum replied Oct 23, 2014
Thanks KiwiOz. But how about the upper blue line; should this kind of a setups always be abandoned? Should I always wait until the price breaks the counter trend line, then the BPC is formed, and that's where the position is taken?
Trend Trading All Pairs
- AlliumPorrum replied Oct 23, 2014
Here is an real life situation regarding the same kind of a counter trend issue: image The upper blue line would have otherwise been nice for shorting, except that it is still above the diagonal counter trend line. I think it's a no-go then? And ...
Trend Trading All Pairs
- AlliumPorrum replied Oct 23, 2014
Thanks again Hytten, that helps a lot. On more thing regarding the counter trend + "second wave"; I there wasn't any good setup for a trade in a first counter trend (or it hit SL or whatever), but there would be in the second one, should the trade ...
Trend Trading All Pairs