Ollyfx, How do you know this is profitable?

Wow, thank you for the detailed answers, you made it clear for me. Cheers!

Thanks for the answer. No, these are not binary options, but vanilla options. In Saxobank's online platform the AUD/USD at-the-money (1.0385) long call with an expiry of 17th Aug 2012 costs $920. At the same time, the AUD/USD at-the-money (1.0385) ...

TradingWorld wrote in English actually, and I think what Matrix wrote was meant only for TradingWorld. TradinWorld thanks for describing your system, I will definitely try it!

surely!! — a lot of brokers allow scalping nowadays, you should very easily find one

Hiya, Problem is that as the indicator in the bottom will recalculate up to 6 bars since it is set for the daily timeframe (1440) and not the 4H (240). This is why it looks good. Csabi

I see. Thank you for your thoughts and good luck to you!

Jure is there a reason why you did not answer my point? I would be really interested in what you think about it but if you want to ignore the point I mentioned, you can just say that so I dont check back to this thread.

Jure, if your strategy has a strike rate of more than 50%, you are gonna end up in profit anyway (lets not calculate spreads and R:R now for making this simple), so why would you need martingale (or any other "staking plan" for that matter) ? ...

I'm not sure but I think when an oscillator signals divergence, it is because the new higher high (or alternatively, lower low) took more bars to form than the previous higher high ( meaning less momentum, deceleration), causing the price bars get ...

hello, i think any broker will very quickly see that you are taking advantage of their latency. also, you have to consider slippage, requotes and widening spreads. 400 loss and 600-800 profit? :O that should either mean a 20-40 pip arbitrage with 1 ...

I can only say what tonny47 said before. Slightly more than 50% success rate and using 'staking plans' to cover losses is very dangerous i think

jdcompute, thanks in advance for sharing your method, i will be following your thread with interest. as much as i don't agree with people who totally despise indicators, i love pure price action methods! may i ask how you decided to take profit in ...

It's true what you guys are saying but actually nobody here (not even the title of the thread) suggested that indicators ON THEIR OWN work well. The question really is: can they be used for anything? Everyone who was in favour of indicators said ...

isaacyassar, this is really a good one!! though if i wanted to argue then i would certainly ask: why would i get up 8 times if i only fell 7 times? jk... anyway, merry christmas guys!

Thank you Forex 5050 for your answer. I never said anything about the market being predictable or not staying calm when it goes the opposite direction, what I said was that the reason for analyzing the market with or without indicators is trying to ...

no predictive power? — Forex 5050, I did some brainstorming about the topic and as I mention in my earlier post I agree with you, but one thing is not clear to me is your opinion of predictive power of indicators. Whether or not indicators ...

Agreed. — Hello, I agree with you! As long as one understands how indicators work and how they respond to price changes, I don't see any reason why they would not be helpful. Obviously, considering price action is always very important, but ...

Ahh, I see. Anyway, really great idea and I hope you will be able to find someone who can create this EA. Regards, Csabi