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anyone need help?

  • #701
  • Jan 15, 2020 2:12pm Jan 15, 2020 2:12pm
I'm new here and I need help too.
I have created a trade explorer and I will request feedbacks on my trading. I'm going to open a thread and add my explorer to it so that people can discuss and hopefully give their feedbacks. I think this will be a great way to learn and see mistakes, what to do and what not to do.
thanks all
  • #702
  • Jan 16, 2020 8:51pm Jan 16, 2020 8:51pm
Every trader need help. So I am also in the same boat, is there any good signal provider which are really helping for earning profit?
  • #703
  • Jan 17, 2020 8:02am Jan 17, 2020 8:02am
In my opinion if one lacks experience they should take the time to learn, if necessary on a demo account.
  • #704
  • Jan 17, 2020 8:17pm Jan 17, 2020 8:17pm
hi i am a new member here at forex with no coding experience. i need some help with setting the parameters on an rsi indicator i have. it creates a sell signal arrow once it touches the 70 level rsi and buy signal arrows once it touches the 30 level rsi . can anybody help me with setting these parameters to rsi 90 and rsi 10. please help me . thank you
Attached File(s)
File Type: ex4 RSIArrows.ex4   19 KB | 256 downloads
  • #705
  • Edited 11:03am Feb 1, 2020 6:24am | Edited 11:03am
Hi all,
Forex newbie here :-)
I've done quite alot of trading in the past on sports exchanges, so I'm pretty informed about money/risk management etc, I just need to find my way in the Forex world now....
So I have some basic questions:

1. I have a strategy based around daily opening prices and I want to take daily positions as close as possible to the opening price. How/when do I do this?
Say I'm trading London session, the session would open at 9am my time (UTC+1), so do I take positions exactly at 9am? Or 8:59/9:01? How do you guys approach this?


2. Is there a kind of basic/standard traders calculation for backtesting? Obviously spreads are variable, so what I mean is when you're testing or trading how many pips do you include for costs/commissions etc to get to break even? I take a position and I need 'spread pips + X?' to break even, something along those lines? Are spreads really random or is there a spread average for each currency pair?

3. What are your thoughts om market sentiment data? I've read that on average 65% of traders are on the wrong side at any given moment. Not really a question, just interested in what you think about this and if you use this as a strong indicator or not.

Thanks :-)
  • #706
  • Feb 2, 2020 1:48pm Feb 2, 2020 1:48pm
Quoting renasdad
I have a feeling this is a thread noone has posted before. I love helping people. I know what it is like to not have a clue when it comes to know where to start with this forex jargen. If there is anyone that has questions that they feel are too stupid to ask publically, you can PM me. If there is anything that doesn't make sense to you, ask. If I don't know the answer, I will do my best to find it. I come here everyday looking for the "newbie" questions to find someone already ansered them. I love helping people. There have been so many people...
I need a help, r u willing to help me? pls
  • #707
  • Feb 12, 2020 3:18am Feb 12, 2020 3:18am
Can anyone please explain on what basic swap is calculated for US30?

I know that for currency pairs swaps are based on the difference of inflation rates of the two currencies involved, but what about DJ?

Thank you!
  • #708
  • Feb 13, 2020 8:38pm Feb 13, 2020 8:38pm
Hopefully someone can help me out.

i am looking for literature on the martingale system but instead of closing losing positions you keep them open. Let me explain

1 point spread on free price is 7500 so sell is 7499 and buy is 7501.
my idea is essentially to create a threshold line. Let’s say 6 points from initial bet. I’m going to buy at 7501 if it goes up great but if sel drops to 7495 I’ll double up I believe if it drops around another 10 points I’m in profit and close both trades.
im aware if it is very stagnant market it could keep crossing the threshold and essentially pricing me out. But I have an idea how to counter this.

so it’s not traditional martingale hence my finding little to no literature so any advice would be great

Tah
  • #709
  • Feb 15, 2020 10:08am Feb 15, 2020 10:08am
Quoting Jodyh12345
Hopefully someone can help me out. i am looking for literature on the martingale system but instead of closing losing positions you keep them open. Let me explain 1 point spread on free price is 7500 so sell is 7499 and buy is 7501. my idea is essentially to create a threshold line. Let’s say 6 points from initial bet. I’m going to buy at 7501 if it goes up great but if sel drops to 7495 I’ll double up I believe if it drops around another 10 points I’m in profit and close both trades. im aware if it is very stagnant market it could keep crossing...
Let me tell why you find little material on this. It's because it's honestly just a stupid money management strategy. I don't know anyone that has become profitable from any type of martingale systems - because it's gambling habits. If you actually want to become profitable for the long-term, learn trading as a skill, make a structured learning process, and test everything you learn, and create together a method, with all that testing & knowledge you would've developed...
  • #710
  • Feb 15, 2020 11:55am Feb 15, 2020 11:55am
Quoting W1llbam
{quote} Let me tell why you find little material on this. It's because it's honestly just a stupid money management strategy. I don't know anyone that has become profitable from any type of martingale systems - because it's gambling habits. If you actually want to become profitable for the long-term, learn trading as a skill, make a structured learning process, and test everything you learn, and create together a method, with all that testing & knowledge you would've developed...
So you’ve no idea when it comes to literature then. I agree the standard martingale is pure madness the method I’ve been testing for the last few weeks has been profitable consistently. My strategy has been to only trade when the market first opens. Granted this has been on a demo account. Ive made the mistake of testing strategies with real cash in the past.
i just know there is something I’m missing and was hoping this method has been done before and it’s results recorded elsewhere.

i suppose I’ll have to record my findings when I go live in the future
  • #711
  • Sep 16, 2025 5:12am Sep 16, 2025 5:12am
Hello everyone I am looking for the source format of this indicator.. I would be very happy if you could help me find it.. Thank you very much
Attached File(s)
File Type: ex4 Forex Alozard Indicator.ex4   21 KB | 124 downloads
  • #712
  • Oct 19, 2025 5:04am Oct 19, 2025 5:04am
Quoting renasdad
I have a feeling this is a thread noone has posted before. I love helping people. I know what it is like to not have a clue when it comes to know where to start with this forex jargen. If there is anyone that has questions that they feel are too stupid to ask publically, you can PM me. If there is anything that doesn't make sense to you, ask. If I don't know the answer, I will do my best to find it. I come here everyday looking for the "newbie" questions to find someone already ansered them. I love helping people. There have been so many people...
Hey I am completely new to trading and it's just been half a month since I have started my trading journey.Here at this web I read some of the threads regarding trading technical etc but I don't seem to understand them completely it looks far more advanced for what I have learned. To be completely honest with you I saw your id and by that I guessed you have spent quite alot of time trading so I know it's so much to ask for but can you enrich me with all the knowledge you have gained throughout your journey.?
  • #713
  • Oct 23, 2025 3:53am Oct 23, 2025 3:53am
Hello everyone so um im new to forex world can anyone explain how this works cause technically i don't know how this work, so any tips??
  • #714
  • Oct 24, 2025 5:09am Oct 24, 2025 5:09am
I’m new and could use guidance on picking ONE timeframe to master—should I start with M15 or H1 if I can only trade London open? Also, is 1% risk per trade still sensible when my win rate is ~45% but R:R is 2:1?
  • #715
  • Last Post: Nov 15, 2025 1:49pm Nov 15, 2025 1:49pm
Hello, I am an employee at a company and I face great difficulty in technical analysis because I don’t have enough time to study the charts and monitor them. I have used several websites on the internet, but some of them contradict each other in their analysis; for example, one site tells you a currency pair will go down while another says it will continue to rise. It has become very complicated. Is there an indicator or a simplified method for doing a quick and concise technical analysis?
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