scarface

I guess it works even in other time frames... the only problem is that how would you enter the position if the price reversed...!!

I mean the first dot in the SAR is going to flash on/off if the price breakout the previous signal, but when reversed, it will disappeare.... Think more about it a little to see what I mean,

Best wishes,

SF

Hi all,

Good day,

If you need any kind of help, please open a thread at the mql4 section, and I will try to help you as soon as possible...

if it is a private coding, then you can PM me..

Cheers,

SF

Hi,

I don't know if I can do that or not, but I will try and let you know by the weekend,

Cheers,

SF

Hi,

I think you mean a max DD (drow down of equity), right??

Please let me know,

Cheers,

SF

Nice sharing, but is there any coding help do you guys need??

Plz let me know if yes,

Best of luck,

SF

Hi,

Good day,

first, you can upload a picture explaining what you are up to using different uploading sites: imageshack, tinypic ...etc

you can look for link after uploading there on the site, and post it here directly...

if it didn't sucess, I will come back to check it out and make it work...

2nd, I don't get it... you want an EA or indicator...?? do you know the difference??

The EA is going to place orders, but indicator gives only signals or make some drawings or texts, but no placing orders...

I can look at the picture and discuss more this topice because it is not clear yet to me...

please let me know,

Best wishes,

SF

Hi. I am in need of a mt4 indicator. Here is some info on how I want the indicator to function:

 

1) At 00:00 Chart/Server time the indicator needs to add "39" pips to the 'Open" price of the 00:00 candle. It will give a Buy & Sell Stop Pending orders.

 

2) The indicator needs to be "adjustable" in terms of how many "pips" the user wants to "add" or subtract" to the Open price. The default will be +/- 39 pips to the 00:00 chart time.

 

3) Last, I will like to have a visible arrow on the chart to plot the pending Buy/Sell stop order - there will be "one" arrow per direction from the 00:00 calculation if price does go there. Then it should have "3" target lines (adjustable) but they should show Target # 1 30 pips, Target #2 60 pips and Target #3 90 pips.

 

I would greatly appreciate the coder who can do this for me. I can show a picture if someone can explain to me how to upload a picture.

 

Thanks!

 

Shawn

ouch, this thread has been here for a while and no one could help... what a shame...

Ok, I will check today and maybe by the weekend it will be done,

best wishes,

SF

mmmmmm!!

Hi,

Good day,

I think your idea is good somehow, but don't forget that the market is gonna go one way if there is a major news, not anytime.... That's why I always suggest members to study about how to understand the importance of major news...

Yes, if there are major news, you will make money either way, but don't igonr the fact that the marlet is always ranging most of the times between 45~120 pips and sometimes less than that...

you can put your explanation using a chart so I can understand it a better way...

maybe and I say maybe I have such EA created before...

please let me know,

Cheers,

SF

Hi there guys

 

i did buy a very simple manual PowerHedge system

 

it works like this

 

u place an order for example EU Long 0.1 lot at 1.35600 and right away u place a Short at 1.35590

nu u have 2 orders running with a spread of 1 pip at 4 decimal

now i got a Excell with the following variables

Trader Profit Pip = standard 1

Stop Factor pips = standard 100

first u put in the buy open order 1.35600 it gives u Buy Limit 1.36610 Buy Stop 1.34600

then the next line in the excell u put in the Sell open order

1.35590 it gives u Sell limit 1.34580 Sell Stop 1.36590

 

what does it do

after u put in the buy open and the sell open in the excell it tell u where to place the stop and limit for both orders.

as u can see both orders have a stop and a limit from 100 pips but they differ from each other by 2 pips.

so when the market goes long after 100 pips it wil close the short order and after 102 pips it closes the long order.

at that moment u did loose 100 pips x 0.1 lot is 100 dollar and also made 102 pip x 0.1 lot is 102 dollar

so u made 2 dollar profit that is only a very smal profit

but the idee behind this system is

that when the market did move 100 pips in one direction it wil almost sure (97% the owner says ) continue for more pips.

so what u do is place a lot of order Pairs who make only a few pips profit .

 

i did test this manual system now for some time and Every order did close

u can do it on any pair and at any time u like

the only bad thing it takes some time to place a lot of orders.

also if u have placed a long short pair it is better that the next long short pair is not at 100 pip stop limit but at 110 pip and the next pair at 120 and so on

the variable is the pip profit standard at 1 and the stop factor is at standard 100

also when u do this u have to watch out your leverage and margin

 

so my question here would it be possible to make EA out of this

lets say

it places orders on for example EU

only placing orders til it used x% of your account Equitily

x% is a variable

AE sould look something like this

Pair = EURUSD here u can fill in any pair

Lotsize from microlots til standard lots

Profit pip standard 1 but variable say betwean 1 and 5 pips profit

Stop Factor standard 100 but variable

Equity use 50% variable

Pair distance 10 pips also Variable

this is after every order Pair the next Pairs are 10 pips away from the former pairs

so if the EA is placing let say 10 order pairs starting at 100 pips stop then the next wil be at 110 120 130 140 150 160 170 180 190

at this moment u have 20 orders running 10 are long and 10 are short every pair has a profit of 1 pip including spread

if u used 0.1 lot size then u would make 10 dollar profit

i did test it for a few weeks and did place arround 20 orders every time when the others where done and non of them faild so far

if u use even smaller lotsize like 0.01 lot and u did place 200 orders instead of 20

and the loss is maximal 1 incompleet pair

the onwer says if u make the stop arround 360 pip then it is 100% profit

but that can take some time before they are exequted

u need to find a good balance in pipsize

lets say u have a account of 1000 dollar and a maring of 100:1

then u could place 10 minilot orders and if one order goes wrong it cost u 100 x 1 dollar is 100 dollar

 

so is it possible for someone here to make a EA from this info

i think the hard part is

the AE places a order pair and after that has to calculate the spread and add the 1 pip profit and 100 pip Stop limit

and then placing the next pairs

but i am not a programmer so maybe it is not so hard to make something like this

 

it would also be oke if the EA is half automatic so it only places the orders when u start the EA and after that u can remove it and do it on a different pair

but idealy would be if it is automatic and when all the orders are places

then when they are finish or when some of the pairs are closed it is going to place new orders til u have left lets say 50% of your Equility

 

oke hope to get some info about this

and sorry for my bad english

 

Greets

 

Freak

Hi,

I'm kind of confused here.... what are you trying to do exactly??

do you want the indicator to send data to Excel sheet or opposite....!!! or you want to import data from some site so the indicator read it from there !!!

Please let me know,

Cheers,

SF

Hi,

you can explain what it does and based on that we can make indicator on MT4

please let me know,

Cheers,

SF

I forgot to ask you this.... why do you need protection for your EA?? are you planning to sell copies of it !!

Cheers,

SF

Hi,

Good day,

I believe you are looking for some DLL protection then... This way no one will be able to break the expiration for example or steal your rights as well...

if there is anything I can do, please let me know,

Best of luck,

SF

not easy task

Hai,

Could you make this Ea on real a/c with unlimited date.

Link:-http://www.mediafire.com/?3hksg57yxtkv3vd

Hi,

Good day,

I now you have been waiting for 5 days, but this is not an easy task that members can do...

making the EA work on real account doesn't take few seconds, but since there is a DLL file, this may take hours or even days to break the protection.

I will check it out and let you know soon,

Best of luck,

SF

Hi,

simply focus on High Low of different time frames, Moving averages SMA123, SAM162, SMA62, EMA 74, SMA100 , SMA200, SMA 210

and if you like to be more accurate practice the fibonaccie...

for the High Low, you can use any indicator to show you previous and current ones...

I hope this is useful,

Best wishes,

SF

Hi,

Good day,

And Happy New year for all,

I can see that this system contains Moving averges only where the arrow pops up whenever the crossover take place... in this case, you can use any 2 moveing average crossover EA to attain that,

Best wishes,

SF

Hi hermanhess,

Good day,

It is not a problem at all as long as the purpose is to share it with all memebers; it is all appreciated...

Happy New Year

Best wishes,

SF

Hi eggzactly

Good day and Happy New year,

so you want to build an EA based on Blue and Red color only, right??

you would assume that the yellow one is also up,...

Ok, I think I got it....

I will look at it and let you know whenever I can,

Best wishes,

SF

Hi idop,

Good day,

would mind please providing us with some information about the company who it is being regulated " I mean by which organization since it is a new company"...

also, would you mind me asking about scalping policies??

Please let me know whenever it is possible,

Best wishes,

SF

found it...

Hi Make,

Good day,

I don't mind modifying your EA, please explain how you want things to be done...

If it is a private EA, then you can PM me,

Best wishes,

SF

question plz

Hi Progessapama,

Good day,

I've read some good stuff about your broker or say the one you are working for...

I have a question regarding the company itself, if you don't mind...

I'm always concerned about regulation since it is the main key to protect traders' money so can you explain a little about how JadeFx is regulated, and by which organization, please??

waiting to hearing from you,:)

Best wishes.

SF

Dear All,

Good day,

here I'm again trying to continue the previous topic and connect all things together to finalize my mian topic below in good results...

what is the most important thing(s) to know before going to trade real in Forex?

Now, here I want to ask you all using your own experience and others if possible to point at the best brokers considering reasons and why you think so..., please.

waiting for your opinions,

Best wishes,

SF

Now, let's begin...

Dear All,

Good day,

Now, I will start something before we go deep deep down....

For me, the most important thing (factor) in Forex market is the "BROKER"....

why??

simply, most brokers and I would say more than 90% if not 99% of them are there to cheat traders in one way or another... and that's actually what's happening to almost 90% of newbies and 70% of professional traders.... surprisingly, even big percent of pro traders are fallen in the same ended road...

It is obvious that traders are here and there looking for Mr. Right Broker..., which is by many definitions doesn't exist....,sadly

This is one of the main reasons why I opened this topic...This is actually the key to be successful in the market....

you guys know for sure that there are many brokers out there and recently many have showed up, and I'm frankly surprised with cropping number that I see day by day...

now let's ask ourselves, what is the right broker?? and what makes a broker trustworthy??

The answer is easy and it is based on the following criteria:

1- Regulation

2- Registration

3- Customer services

4- Types of trade stations.

5- Spreads

6- Reputation

7- Deposit and Withdraw

As you can see, finding a broker will depend primarily the first 3 factors, and if you found such broker means you are almost there...

The rest would depend on the trader him/herself no matter what he/she prefers after that...

Now let's us think a little about the best brokers that we can deal with so this way we save a lot of effor and a lot of money finding the best broker..

I'm going to open a new topic and for two days or three want you all to vote the for best broker you think...

Be Back to you soon,

Best wishes,

Scarface

The most valuable lesson to anyone going Live is Don't Lose Money.

 

Capital Preservation should be "drilled" into your psyche.

 

Like a poker player, know when to fold 'em & know when to hold 'em.

 

Learn to cut your Losses fast, but stay in the Game when you're in profit.

Hi shabz,

Good day,

your comment is good, but not thorough.... Although it is important to protect the capital...

Thanks,

Best wishes,

SF

well said, mate

Hi All,

 

Well looking at the basics Broker, Money and Money Management, Strategy... all important, but main driver for me is the psychology and market understanding and then combine all the factors.

 

Basics can be get together quite quickly. Broker, source some details, backgrounds, reviews then select... Money Management, limit and fix your risk to get started. Strategy and time, well that might be tricky and very individual...

 

What I mean by psychology is, do you have the nerves to trade... Do you follow a strategy consequent or interupting when critical or at a certain profit... Can you handle a loss? Can you surpress greed to avoid running out of limits variing your strategy/MM? Just recall when you might get started learning on demo and then switching to a live account...Nervous? Still?

 

Market Understanding, what is driving the Market? E.g. News, Politics... When to trade and when not to trade? Market Patterns, times... Sentiments, Save Heavening/Risk, Correlations...

 

Please dont trade if you dont have the nerves and market understanding together, either for manual or automatic trading...

 

Just my 50 Cents ;)

 

Cheers

Hi mate,

Good day,

There is nothing I can add, but well said... ;)

Best wishes,

SF