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i don’t understand what you mean ? but thanks for your help
Add:
string sym = Prefix+YourSymbol+Postfix;
Comment (MarketInfo(sym, MODE_BID));
To the MQ4 code.
It should return a non-zero number. If it returns 0, something is wrong with your prefix/postfix or the way your broker is interpreting it.
G.
i don’t understand what you mean ? but thanks for your help
Add: string sym = Prefix+YourSymbol+Postfix; Comment (MarketInfo(sym, MODE_BID)); To the MQ4 code. It should return a non-zero number. If it returns 0, something is wrong with your prefix/postfix or the way your broker is interpreting it. G.
I think you have confused me with someone who has an mql fileÂ
3 pip targets
Are you saying thats what is happening to you balrog?
Yes and no 😉
Nothing has ever motivated me more than this...
I’m using 5m chart. Please see the attachment.
I fail like once/twice every 20 trades. I get 15 $ each time I win and loose like 300-600$ x 2 (or more since there’s no SL). But, I have to admit that I usually get greedy, even 8 successful trades not enough for me. Then I make bad decisions, start guessing the PA. Hence I got bad results…
I cannot blame the system.
I try to get better/more disciplined. I still believe that 50-100 USD/day is possible with a good system of entering the trade…
Nothing has ever motivated me more than this...
I’m using 5m chart. Please see the attachment. I fail like once/twice every 20 trades. I get 15 $ each time I win and loose like 300-600$ x 2 (or more since there’s no SL). But, I have to admit that I usually get greedy, even 8 successful trades not enough for me. Then I make bad decisions, start guessing the PA. Hence I got bad results… I cannot blame the system. I try to get better/more disciplined. I still believe that 50-100 USD/day is possible with a good system of entering the trade…
The way to trade with my TickVolume is to look only for shorts when the values are below zero.
Your first trade (short) was correct, and resulted in profit whithin minimal bars and time.
The second one (long) was against the TickVolume and went into profit only after long time and by pure luck….
G.
I’m using 5m chart. Please see the attachment. I fail like once/twice every 20 trades. I get 15 $ each time I win and loose like 300-600$ x 2 (or more since there’s no SL). But, I have to admit that I usually get greedy, even 8 successful trades not enough for me. Then I make bad decisions, start guessing the PA. Hence I got bad results… I cannot blame the system. I try to get better/more disciplined. I still believe that 50-100 USD/day is possible with a good system of entering the trade…
The way to trade with my TickVolume is to look only for shorts when the values are below zero. Your first trade (short) was correct, and resulted in profit whithin minimal bars and time. The second one (long) was against the TickVolume and went into profit only after long time and by pure luck…. G.
Thanks a lot for the teaching and indicators and everything (since you started typing some years ago).
Nothing has ever motivated me more than this...
Here is the system JHLewis and I are currently using successfully.
It uses a renko chart set to H1 NOT M1. This clears out a lot of the noise.
50 ema channel for trend direction(blue and white)
Stoch 80/20 for OB/OS
MACD is a secondary filter I recently added to help with fakeouts as seen in the pic. Its color and if its above or below 0 are the indicators.
The other channel is just a ATR channel I use to identify extremes. Hasn’t played a huge part in the strat yet except to help not take trades if price is between the 2 bands.
Trade 1: sto -80. Price under ema. MACD red and under 0
Trade 2: This trade hits the checklist but you would have sweated it for a few minutes until it won. Notice I did wait for a color change on the macd which seems to help weed out bad trades.
Trade 3: waited for macd color change
Trade 4 & 5 are textbook.
I’ll post the indis in another post. I need to clean up the template first.
Thanks Saver0 for the great theory and it’s working out great so far!
The only issue I noticed is the BUY/SELL button in the EA sometimes goes blank and when I click it nothing happens.
Hi TanmoyS,
Great results. I want your help I have loaded the EA but till date no order has been placed. Second thing on left end side it is showing 41.03 lots what is it? r u trading manual or using EA?
Bomi
Hi TanmoyS, Great results. I want your help I have loaded the EA but till date no order has been placed. Second thing on left end side it is showing 41.03 lots what is it? r u trading manual or using EA? Bomi
Hi BOMFF
The EA is your trade manager. It helps to close out the trades when it hit your desired take profits level. You have to take the trades manually.
where do you see 41.03 lots ?
TanmoyS, Thanks for reply. attached it screen shot.
BOMFF,
I see it. The EA calculates the lot size after each trades depending on what you put in the EA input field of % gain per trade and the TP. For eg – if you have a $1,000 account balance and you put 0.5% per trade and 1 pip in TP ( you have to calculate the spreads and commissions if there any and add that to the TP) , the lot size will be 0.5 . Hope his helps.
The only issue I noticed is the BUY/SELL button in the EA sometimes goes blank and when I click it nothing happens.
The reason for this is because its disabled during news. See the 2min in Red? That’s saying that there is a high impact news event that’s taking place in 30minutes. At these times we should not trade since the outcome can be very random and highly volatile in one direction. EA disabled buying/selling 30minutes before and 15minutes after news.
Zero divide error for me on the Money flow indicator.
Could you tell me the line number of the Zero divide error?
Focus, Patience, Determination & Order in chaos
0 divide error was when I loaded on tick chart. On a minute chart it works great, thanks!
Yes, I may have forgot to say that load it up on M15 chart. That’s what I use it on
Focus, Patience, Determination & Order in chaos
I have been trading this now for about a month and half and this is how it looks like. Real account is also up in 20% in less than 1 month
Focus, Patience, Determination & Order in chaos
As to my Money-Flow indicator, I don’t recall ever showing or sharing it here so I don’t understand your conclusion on its inner work…
Yes, exactly, I wasn’t talking about your money flow indicator. I have no idea what it does. I was generally speaking about MF that I have seen on the internet below. And I was saying how mine is different since you said how mine doesn’t look like yours. Of course it wouldn’t look like yours since you haven’t shared how it works to my knowledge. It’s based on my own research and findings and I have shared this indicator for all to use. It’s taking a very unique approach to money flow and which I think is the real flow. I haven’t used or seen anything better than this yet.
And I noticed that looking at an averaged/sum from all pairs of EUR for example doesn’t give me the clear picture of how money is flowing in and out of EUR. I wanted to see it in relation to its counterpart as EURUSD, EURGBP, etc.
Focus, Patience, Determination & Order in chaos
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