I've seen questions like this posted occasionally throughout the forum. If you want to know if an indicator repaints, just put it on the M1 chart and watch it for 15-20 minutes. If you don't want to spend 15-20 minutes investigating it, then there ...

Obviously, you are a very stupid person. It has already been pointed out by sage and wise people in this forum that someone in some thread at some point in the past advocated averaging down on M1 charts and blew his account out twice. So this is ...

This was the main point I was trying to make in my earlier post. There was a reason you made the trade in the first place. Sometimes, that reason evaporates and you must have the wisdom to recognize that it was simply a bad trade. But sometimes, all ...

Averaging down does NOT equal Martingale — I think it's funny to see how fast your question was answered by the anti-Martingale paranoid crowd. You see, when people first start trading, one of the first lessons they usually learn is that the ...

I can see some truth here and some paranoia — I have been working diligently on EA development for the better part of 5 months and I've been trading on-and-off for the better part of 10 years. I know that this can be a crooked business and I ...

I notice that your screenshot is from metatrader with offline charts. Is there some way to get MT4 to show "range bars"? Or did you use another program to compile tick data into a custom database, and then point MT4 to that custom data?

Don't confuse listings on price-quoting sites like Google and Yahoo with the "official" pair priorities. If you go to Google/Yahoo (and I'm sure many others) you can choose to show ANY currency in relation to ANY other currency. So you could show ...

The original quote is from 1st Timothy, and yes, it does refer to the LOVE of money. However, I have not quoted the Bible. As you can see, I quoted Ayn Rand. To be more specific, I quoted one of the key characters - Francisco d'Anconia - from her ...

BTW, the whole s/r aspect of this methodology is why I started investigating it as a possible trigger for a breakout system. I'm not saying that I've cracked that nut yet, but I think that the HL Count might possibly be a good sign of when to jump ...

Right on, georgeh. As you can see, I've quoted my own post from earlier in this thread to show that this is exactly how I see the trend count - as the quantification of s/r levels.

Absolutely, Chaos. I came up with this method because, if I am going to spend any time looking at charts at all, I almost always spend my time looking at the raw price action (as opposed to a an amalgamation of various indicators, each laid over the ...

The HL Count breakout strategy? — I was just doing a little chart time and I'm wondering if the HL Count might be a decent trigger for a breakout strategy. This is really half-baked at this point, but this is how I'm originally seeing this ...

First, you are absolutely correct that MM does not make a losing system a winner (although it CAN make a winning system a loser). That's Forex 101. Second, from your illustration above, I think you might have misunderstood my post. I'm not talking ...

A guide for increasing your positions — One of the first lessons that most noobs learn in FX is the dangers of the Martingale system. In fact, many seasoned traders have taken this lesson so far as to think that you should never increase your ...

First, big thanks again to D3trax. The indicator is extremely useful! As for added info, I will say that I am currently testing my own EA on this methodology. However, this particular EA is a loooong way off from being at a point that I would ...

Although I can definitely see value in the normalization of the bars, I also think that there is valuable information to be had in the relationship between a bar and its preceding bar. I'm not sure if you want to include this in your calculations, ...

IMHO, you want to be careful about trying to identify too many distinct patterns (for example: 255). The reason is that you want to have statistical validity before you start pulling the trigger on trade decisions. To achieve statistical validity, ...

First, if your system is largely (or entirely) discretionary, then backtesting loses much of its already-dubious value. This is why forward testing is critical. I personally think that one month of forward testing is worth more than a year of ...

A snapshot from my EA — This snapshot illustrates what FXEZ was talking about when he said that this method buys into strength and sells into weakness. I developed an EA roughly based on these rules and I'm running it on 5 or 6 different ...