Again, the screenshot is demo test. Actual swaps on the Guppy (GBPJPY) are great for longs and nasty for shorts. If you catch a good run, the short swap can be beat. Spread is generally a bit high because Guppy volatility is stellar.
The Support_and_Resistance indicator is really just fractals extended forward until a new fractal of the same direction prints. Veteran forex war horses will likely recognize it as "support_and_resitance_Barry" for MT4.
At least anecdotally/visually, the winners look like they will far outrun the losers.
By the way, this is not an intraday strategy. Current H4 ATR of the Guppy is likely about 76 pips or so, and these are 89 pip bricks so...
Statistics: Posted by JohnnyRy — Mon May 20, 2024 7:57 am — Replies 3886 — Views 1129846
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now in theaters, 2024. 25th anniversary.
Statistics: Posted by Banzai — Mon May 20, 2024 7:12 am — Replies 328 — Views 33410
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Shift and pre-smoothing added.
mrtoolsthank you
Statistics: Posted by alimpe2000 — Mon May 20, 2024 6:56 am — Replies 522 — Views 241766
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Previous version: pipsometer_5_decimal
New Version: pipsometer 5 decimal
Date Coded: 15/05/2024pipsometer_5_decimal.mq4Downloaded 1 time 11.61 KiB
pipsometer 5 decimal.mq4Downloaded 6 times 14.61 KiB
Statistics: Posted by chris006 — Mon May 20, 2024 6:07 am — Replies 36 — Views 2900
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Statistics: Posted by JohnnyRy — Mon May 20, 2024 5:59 am — Replies 6 — Views 840
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needs adjustments per timeframe but well worth it
Statistics: Posted by WOLF — Mon May 20, 2024 5:44 am — Replies 861 — Views 430176
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This section explains how I use stops in my trading strategy.
**Setting Stops:**
First, download the enclosed stop script and copy it to the **scripts** folder, then restart MT4. You can set the stop by left-clicking it, holding, and dragging it to the desired level. If you need to change the stop, simply drag another one onto the screen and drop it at the new stop level; it will auto-update.
**Trade Entry:**
I enter a trade when the price crosses the MA lines, the candle changes color, and it's moving in the direction of the current Arrow dot.
**Using Stops:**
When I make a trade, I use two types of stops:
1. **Physical Stop:**
- This is an actual stop order placed at the current Arrow Dot.
- It serves as a fail-safe in case of sudden market movements due to news spikes or if the market moves against me while I'm not paying attention.
2. **Virtual Stop:**
- Set closer to the entry point, typically just above/below at the crossing of EMAs 13 and 55, this is where the RSI often crosses the mid-level area, indicating a likely movement. Hence, I do not use an RSI anymore but I use the 13/55 EMA instead.
- This represents a mental stop where I monitor the situation closely.
**Execution:**
In real market conditions, situations can change rapidly. If the price reverts back over the EMA lines, I rely on my intuition. If my gut tells me to exit, I do so immediately, well before hitting my virtual stop. I don't second-guess my instincts; I act upon them and move on.
If I decide to stay in and my virtual stop is hit, I close the trade without hesitation and wait for the next opportunity to set up.
Xard777
PS I have included the Take Profit TP script as well, again just drag and drop onto the level on the chart where the TP should be and repeat to update._TP Mouse.ex4Downloaded 12 times 3.84 KiB
_SL Mouse.ex4Downloaded 13 times 8.41 KiB
Statistics: Posted by xard777 — Mon May 20, 2024 5:42 am — Replies 15252 — Views 3820833
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Statistics: Posted by JohnnyRy — Mon May 20, 2024 5:19 am — Replies 221 — Views 8716
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hey mrtools and kvak
can you enable a setting to plot lines instead of histogram... so if histogram type is draw lines it will draw all 3 ema lines
thanks
Try.! Madrid trend squeeze - avgs.ex4Downloaded 11 times 321.07 KiBcan you enable a setting to plot lines instead of histogram... so if histogram type is draw lines it will draw all 3 ema lines
thanks
Statistics: Posted by mrtools — Mon May 20, 2024 5:14 am — Replies 1273 — Views 513896
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Statistics: Posted by WOLF — Mon May 20, 2024 4:58 am — Replies 700 — Views 61347
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Super trend mod as request from HERE
May i request vhf adaptation for this? The atr doesnt seem to find the right thresholds before turning and ends up with some pretty awful signals, just because the nature of supertrendVHF.mq4Downloaded 9 times 1.98 KiBVertical Horizontal Filter
A little explanation about VHF [ Vertical Horizontal Filter ] - it will make the an indicator's Signal more accurate.
Vertical Horizontal Filter [VHF] does not, itself, generate trading signals, but determines whether signals are taken from trend or momentum indicators.
- Rising values indicate a Trend.
- Falling values indicate a ranging market.
- High values precede the end of a trend.
- Low values precede a trend start.[/
Statistics: Posted by WOLF — Mon May 20, 2024 4:10 am — Replies 440 — Views 215931
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Mr tools! This is a good indicator. please convert this indicator to mt4. thank you very much!!
Maybe try THIS is close.Statistics: Posted by kvak — Mon May 20, 2024 3:41 am — Replies 427 — Views 252326
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Cajun French never sounded so good as that.
Statistics: Posted by JohnnyRy — Mon May 20, 2024 2:51 am — Replies 1552 — Views 174903
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Statistics: Posted by Banzai — Mon May 20, 2024 2:41 am — Replies 3298 — Views 375429
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I don't know if it's good or not but most of the sellers are using this "sales" system :
1- someone buys the product because tol get a bonus
2- you contact the seller for the bonus and asks you to put a 5 stars comment in order to send it to you
3- you publish a fantastic 5 stars comment and recommend others to buy it ( without trying the the product )
4- more people buy the product because of your comments and the bonus
5- if you complain because the product is bad your negative comment is deleted
6- got to step 1
There are many proof in the reviews and comments.1- someone buys the product because tol get a bonus
2- you contact the seller for the bonus and asks you to put a 5 stars comment in order to send it to you
3- you publish a fantastic 5 stars comment and recommend others to buy it ( without trying the the product )
4- more people buy the product because of your comments and the bonus
5- if you complain because the product is bad your negative comment is deleted
6- got to step 1
Statistics: Posted by normannasty — Mon May 20, 2024 2:34 am — Replies 4139 — Views 1113913
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