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  • 87 Results (2 Threads , 85 Replies )
  • GnWFx replied Nov 2, 2021

    Catlitter, If you are using MT4, insert a vertical line on your M1 chart. Right click on the chart and select Objects List. In the dialog box, select Vertical Line and click Edit. In the next dialog box, select Parameters tab, enter whatever exact ...

    How To Look Back At A Specific Time On A Chart 1 Month Ago
  • GnWFx replied Oct 23, 2021

    Of course you can, if you are persistent and have a strong desire to succeed. To answer the question in the thread title: Yes, you can learn it all by yourself. All the data you will ever need is freely available on the net. But do not expect to be ...

    Can trading be self-taught?
  • GnWFx replied Apr 5, 2019

    I don't think there is a single big reason for any trader failing in the financial markets. There are probably multiple reasons, one or more applying to each individual trader. Looking back at my own personal experiences and the thoughts that used ...

    Why do we still lose?
  • GnWFx replied Sep 16, 2018

    Most beginning traders grossly underestimate the time and effort required to be consistently successful in this game. It actually takes years, probably not less than 5 years of continuous daily exposure to the market for most people, to gather ...

    Do you really need that much to start?
  • GnWFx replied Jan 12, 2018

    Price action on AUDUSD is nothing out of the ordinary. Long upper or lower wicks just indicate price hitting and bouncing from (rejection of) a support or resistance level within the duration of that particular candle. If you care to check earlier ...

    Big wicks in aud/usd 1h
  • GnWFx replied Jan 10, 2018

    Add ExpertRemove() in the EA code after checking that the last trade is successfully closed. Check this link for example of use: url

    EA that will stop after closing a trade
  • GnWFx replied Nov 3, 2017

    Are you expecting someone to give trade signals to you or you want to learn how to find such trades? Or just informing us what you have been doing? Why go for 100 pips trades when you can have 10 trades of 10 pips each with less risk of market ...

    More than 100 pips
  • GnWFx replied Sep 28, 2017

    Open the History Centre in Tools menu and find the concerned symbol and time frame. The top most row in the database is likely to be the culprit. Delete that row and the chart should automatically readjust.

    Why do my charts look like this
  • GnWFx replied Sep 19, 2017

    On your attached chart the last couple of highs on AUDUSD weekly are not forming a double top as both highs are not roughly the same height. Though there is a good divergence that could be used as entry signal.

    Double Top or Bottom Expert Advisor
  • GnWFx replied Sep 1, 2017

    Whether or not there are trading opportunities every day depends upon one's strategy and the timeframe one is working with. Currently, most active currency pairs move about 100 pips every day on an average. For someone going for 10-20 pips a day ...

    Nail small amount everyday?
  • GnWFx replied Sep 1, 2017

    Trading 0.5 lot on a $1000 balance will be taking a huge risk. Personally, with that balance, I would be trading 0.05 lots or probably 0.1 lot max on each trade. With a stop loss of, say 25-50 pips, you would be risking about 2.5% of your balance on ...

    Nail small amount everyday?
  • GnWFx replied Aug 16, 2017

    You will have to write your own function in EA for trailing stop. You might get help from Code Base on mql5.com. There are some good EA's and scripts there.

    Is there a trailing stop function in mt4 to code into an EA?
  • GnWFx replied May 21, 2017

    Trading is a profession. Like any other profession, it has a small percentage of highly successful practitioners and a high percentage of average or mediocre performers. And just like any other profession, it takes a lot of learning, understanding ...

    Live off of Forex only?
  • GnWFx replied Dec 18, 2016

    Probably the attached spreadsheet might help. Don't forget to enable DDE Server ("Server" tab under Tools/Options menu on MT4) for updating spreadsheet in real time.

    Max Lot Size that i can execute based on AccountBalance (MQL4)
  • Attached File
    File Type: xls LotsCalc1.xls
  • GnWFx replied Dec 10, 2016

    Binary.com does offer a free web application where you can create a bot to trade on their platform. Check under "Shop" on their main menu.

    Trade binary options with MT4?
  • GnWFx replied Nov 13, 2016

    Probably ChartRedraw() function needs to be added to source code of the indicator at the end of OnCalculate(...)

    How to autorefresh indicator
  • GnWFx replied Sep 26, 2016

    buster has most probably already busted long time ago, if he ever started live forex trading, which I doubt. #Post 12 was his last post on FF.

    where do i begin?
  • GnWFx replied Sep 26, 2016

    MT4 doesn't read any subfolders in the profile folder. Probably you can create an empty profile and name it "Aussie Pairs---------" and "AUD..." pairs will be placed under it in the profiles list in status bar. But as the profiles list is sorted in ...

    MT4 Profile question on how to organize them
  • GnWFx replied Sep 23, 2016

    MQL4 is based on C++. There are several excellent online tutorials available for this language. Once you get the hang of it, you can study the source codes of various indicators bundled with MT4, referring to MQL4 documentation as needed. That ...

    Plz help, where to start learning MQL4 to create custom indicator
  • GnWFx replied Sep 14, 2016

    The calculation is straightforward. Margin Required in USD = Price of Base Currency in USD * Volume * 1/Leverage Assuming that your broker is offering 100:1 leverage (so the margin required will be 1% of trade volume) and you intend to open 1.0 lot ...

    Placing multiple orders with limited capital
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