whoever is coding these candlestick patterns indicators, they should consider adding a minimum body length as well...else you get engulfing patterns or hammers etc with 4-5 pip movements, even on a 4-h chart

i noticed you mention about "mptm" in another thread but that didnt do the work i want..it can open new positions once the current position becomes -20 pips for example but since i am trading on oanda i cant use it...ea should open a new position in ...

Hi, I will be opening the first position (manually)..ea's job will be to keep reversing positions (and increase trade size) until hit tp..once tp is hit ea will stop working until I open a new position

still searching but no luck so far. Does anyone know of an EA that automatically opens a position in the opposite direction right after sl has been reached?

maybe I used the wrong word, sell stop? i just want to it to open a position in the opposite direction once sl has been reached

Nasir, did you backtest your strategy? I see that you use MT4 which is easy to program the strategy and backtest. Will you be able to provide MT4 tester screenshots if possible?

Do you mean trading stocks in SP500 or trade the index? If it's latter then there is _ES symbol in MT4 for that.

You were right finally! The pair drop down on bad news from Greece. My trading system has earned on this rally.

One interesting thing about EK is that they actually invented the digital photography initially a long ago, but the management has rejected the idea to rebuild the business because the company was a leader of film photography already. They frozen ...

I don't see any strength in AAPL's trend in my stock screener and backtester tools. The stock is too expensive to buy now. Sooner or later it should drop down. Current correction is the same as for S&P 500. Really good stocks continue to rise or ...

EUR/USD sell on rallies EUR/GBP sell on rallies AUD/USD buy on dips imvho...

It has been almost a month since I discovered this web site and it has been very useful...so just wanted to say thanks to Dan

Your scenario seems fine. If the pair can't pass 0.9582, it will head back to 0.9370/0.9337 area

I think gbpusd will move to 1.5390/1.5412 before it falls to 1.5000

If AUDUSD can break 1.0380 then 1.0480 next, however a close below 1.0260 indicates it will get back to 1.0170

Ty for the info I am playing with this tool now url looks cool, there are huge amount of screens including thomas demark, ichimoku, macd&rsi diveregnces, fibonacci, etc. I can test my trading systems by using strategy backtesting tool ...

My stop-loss is at 1.2150

USD/CHF broke 0.9300 line means 0.9900 is possible..buying on dips... meanwhile longing EUR/CHF around 1.2250/1.2200 (1.2150 s/l and 1.2400 t/p) seems not a bad idea...for now...

Divergence is not a single super tool but sure it is something to keep an eye on...