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Dear Programmers, Can anyone convert the attached Ribbon indicator to shade the area between two Slope Direction Lines instead of two Moving Averages? Thank you. file file

My broker supplies a trading EA, so I have a preset stop loss for every entry. Prior to that, I used a commercial product. I have not used a meta trader entry/exit tool since I first started Forex back in 2007, lol. I consider a stop loss as a ...

If you are a weekend indicator junkie, I found this interesting free site. It is easy to download and they send you the mq4 files. They are in reverse alphabetic order and only a few per page, but you can change pages numbers in the url to speed ...

1. Have you prepared these lines for yourself to develop your own method so we can trust the certainty of these lines for reverse engineering or did you just make up some lines to show your point to the others? This is historical analysis, so I made ...

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Simulations are good to check the general hypothesis of your idea, but actually quite useless for quantifying whether or not a strategy works. I think most people will eventually trade on lower time frames where they can see more frequency of ...

This is a drawing of possible target candles. A target candle will rarely have draw down. If you placed a stop loss under your entry, you should expect it to not get hit. That is a target candle, where price actually moves vertically in your favor. ...

Hopefully you see how incomplete your design is. You cannot tell when to enter and when to exit. You cannot tell if the market is moving vertically or horizontally. You simply have lines running through the candles. Let's imagine you think one of ...

Most people react to individual candle movement and not an average of averages (odds) because most people are not trained to trade and have no idea what they are doing. Candles mean nothing. They are just time segments of price movement. The only ...

I have been an analyst since my earliest memories, so there was little doubt I would end up here. To conquer Forex though was quite different from the Stock Market, but I knew it would be a math thing for me. I was actually more relieved to trade ...

In my opinion, you would use the 1M chart to gain precision on entry/exits from a higher chart. The higher chart range should match the 1M chart entries/exits. This way, if the frequencies differ, you have a reasonable way to determine if the 1M ...

Family and Friends, Normally I would remind you to update your tax declarations at this time of year, but hopefully you saw my post about shifty tax law changes and did it in July instead. If not, the July deadline did not specify Forex, so if you ...

I hope everyone is healthy and doing well. I hope your trading has improved. Happy Hanukkah, Merry Christmas, and Happy New Year!!

Casinos are games of chance. You have no idea what will happen next and never will. The game's odds reset at the close of each attempt, so the last game has nothing to do with the next game. You either win and pay the juice, or lose all that you ...

It is interesting and I suppose as long as it is profitable you can do it like that. I say that because you are not identifying the target candle, nor the apex. You are targeting your equilibrium instead. As long as the ranges/trends are deep ...

Because each new bar starts at 0, I used Bollinger bands to help gauge the time frame signal strength. I do not think I have ever used Ehler indicators, so no opinion. image

For whatever reason, joke or intentional, the Fisher was altered by someone. It is supposed to be gaussian, so you need to open it in MetaEditor, then search for "mathlog" and make sure the value next to it is "0.25". Also, understand that is a ...

The idea is to track the price as it moves up and down from your moving average. If the oscillator is showing price moving down, but it is moving up, then you are not tracking price properly. The signal line of the oscillator should move with ...

The last thing you need is to head fake yourself. Fix the indicator or delete it.