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- katkTrader replied Apr 3, 2015
I'm not 100% sure on how to solve your problem, but here is an idea: Open up MetaEditor. In the navigator folder, right click on "Indicators" folder, then click "Open Folder", find the indicator which is causing the problem, and move both the mp4 ...
- katkTrader replied Apr 2, 2015
I know where you thinking comes from. I have had the same thoughts. The difficulty is not in getting 5 pips per trade, or 20 pips a day, the difficulty is in getting 5 pips, with a stop loss of 5 pips, or something similar, and doing this over and ...
- katkTrader replied Apr 2, 2015
Those kinds of returns would be not only "enough", they would be probably better than any trader that has ever lived. 4% a day: 1.04^5 ≈ 1.22 = 22% per week 1.22^4 ≈ 2.2 = 120% per month let's say 11 months a year, remove some days off for holidays ...
- katkTrader replied Apr 1, 2015
Clive, I'm going to be annoying here, but hopefully in a helpful way! Is it really time to go back to the drawing board? Or to put it another way, should you have left the drawing board that you were drawing on not so long ago? To stop speaking in ...
- katkTrader replied Mar 31, 2015
Well I can't speak for Clive, but I'm pretty sure he doesn't make his profits by break even trades. On the contrary, the break even trades are purely to protect him from losses. His aim is that he will occasionally catch nice big runners, or at ...
- katkTrader replied Mar 31, 2015
That didn't look like a terrible trade to me. It was a bit of bad luck that it didn't continue to go your way. However, it looks to me like you would have been in well over 3 pips of profit at some point in that trade. Clive moves his stop loss to ...
- katkTrader replied Mar 31, 2015
Bit of a risky pre-news trade there 2:1 RR profit target sometimes ends up being just right. image Here's a frustrating to-the-pip whipsaw of my SL at break even, before rocketing in the right direction, just for contrast. image And top top ...
- katkTrader replied Mar 30, 2015
Here's some feedback to add to honestknave's, which I hope will be helpful. Unless I am misunderstanding the screenshot posted, there was only CCI overbought signal in that downtrend, therefore only one possible entry. It looks like you are waiting ...
- katkTrader replied Mar 30, 2015
Thanks for this post Clive. I personally found it very useful. As I've said in a previous post, I think there are some human "pattern recognition" skills which are difficult to program, which often make the difference between profitability and lack ...
- katkTrader replied Mar 28, 2015
Sorry, for some reason I missed this reply. The code you posted simply creates a buy/sell stop as soon as you activate it, regardless of any CCI signals/candle colours, then it trails according to the previous bar's high (for a buy stop, it moves it ...
- katkTrader replied Mar 27, 2015
Good luck Clive! I look forward to hearing of your success in the near future . You have certainly put in the effort.
- katkTrader replied Mar 26, 2015
I have replied to your message. As I said in the message, the only thing wrong with the code is that, when a new bar comes, it moves the stop order relative to the current price, not the previous high/low. I've made that small change, so the stop ...
- katkTrader replied Mar 25, 2015
People use different candlestick types. Some use plain old Japanese candlesticks, others use Heiken Ashi candlesticks, others use Renko bars, or Heiken Ashi applied to Renko bars, which I know little about.
- katkTrader replied Mar 25, 2015
I could possibly give it a go. I assume you'd want it in MT4, so it might take me a little longer. The more important question would be what exactly do you want it to do? Something like the following would be possible: In an up trend: If CCI 2 ...
- katkTrader replied Mar 25, 2015
Thank you all for your welcomes. To answer your question, Clive, I am honestly no expert on the differences between MT4 and MT5, as I haven't used MT4 much. Probably if you put "MT4 vs MT5" in your search engine, you'd get more useful information ...
- katkTrader replied Mar 24, 2015
I've not tried using others templates before, so I don't know if it requires the indicators, or where it requires them to be saved. However, here is the template file: let's hope it works! file Edit: in fact, that template uses "my" version of the ...
- katkTrader replied Mar 24, 2015
Hello trend traders, I have been reading this thread for roughly a month now, and have had some success with it (I am not yet consistent enough, but will continue to work on it). In order to show my thanks for this thread, allow me to contribute ...
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