playing around and coded a profitable indicator and EA 11 replies
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Color Coded Market Watch 1 reply
DislikedThis is starting to skew off topic from the original post but, {quote} Backtesting open prices is faster but... SL/TP even if more than 200 pips (that's a price of +/- 2.00 Yen, EUR, USD whatever) can be unreliable a few times a year during INTENSE price moves and volatility, especially on an H4, H1, 30m or even 15m and 5m although very rarely will price move more than 2.00 before the decimal on a one minute, it does happen at times and can definitely happen within a 4 hour bar. So testing on open vs. control or tick only saves backtesting time....Ignored
Disliked{quote} you're right open prices is suitable for time frames up to the M30, in this case the SL should be >500 pips to give you an idea IMO. still better than using tick data especially the one from metaquotes.Ignored
Disliked{quote} If user tradability got suspended for the above recent post, or if he got suspended because someone flagged that post then there are some really some vacuous people lurking around. I can't imagine that being even remotely considered as a solicitation. Wouldn't surprise me though.Ignored
Disliked{quote} Hey man, sorry but trading with a 500 PIP stop is virtually the same as trading with no stop.Ignored
Disliked{quote} If user tradability got suspended for the above recent post, or if he got suspended because someone flagged that post then there are some really some vacuous people lurking around. I can't imagine that being even remotely considered as a solicitation. Wouldn't surprise me though.Ignored
Disliked{quote} If I'm not wrong tradability got suspended for his harsh comment made here.Ignored