How reliable is the T/P in MT4 Navigator. I have noticed that the PA goes beyond the T/P figure that I specify and nothing is triggered. This does not happen everytime. Has happened more than once but even once is too much. My computer was on and running and I have a demo account. Has anyone else encountered this on a demo or live account and what was your solution.
Thanks.
A couple of things to watch out for. First the Bid/Ask Price, If price just touchs your T/P level the take profit order will not be filled. Price must go thru your T/P level to trigger. The second item is that you might not get your order filled if price is moving quickly or just barely goes thru your T/P level then retraces.
This is not some retail store where you can buy and sell exactly when and where your want. (Well maybe a lot of MT4 broker's are) LOL. You must get the feel of your brokers fill rules and plan accordingly.
Good Luck
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...there is something I fundamentally don't understand about volume analysis. If I understand correctly, the price of a forex instrument is determined by all the transactions in the whole market (the interbank market which is huge, the various retail otc brokers etc) plus or minus a few pips for your broker's manipulations. But if you are trading at one broker, you can only see the volume for that broker, which is a tiny fraction of the market...So how / why volume analysis actually work for forex?
Thanks MissPips, such query has always been on my mind ever since someone (not TH) started using 'volume analysis'. For all these years, from being FX broker (human not electronic platforms) for banks to being a full time trader; volume is something that will never work when it comes to FX trading, well to me anyway.....
All very true, MissPips. The consensus is that ANY brokers volume data feed is "representative" of the market as a whole....a piece of the pie if you will, but a proportional piece of the pie. Is it true? Who knows. I have even found different indy results from different servers at the SAME broker! ....different, but not materially so....not so as to change any trading decision made on volume.
Hi, guys!
I've got a problem - sorry if it was already explained earlier - this topic is really huge.
Look at 9.35-red picture.
The M1 fast dot is green but M5 fast is red (I didn't go long)
I closed my MT and opened it again. Now look at 9.35-green picture
Both M1 fast and M5 fas are green. What should I do to have the right view of the market all the time? THX!
Hi, guys!
I've got a problem - sorry if it was already explained earlier - this topic is really huge.
Look at 9.35-red picture.
The M1 fast dot is green but M5 fast is red (I didn't go long)
I closed my MT and opened it again. Now look at 9.35-green picture
Both M1 fast and M5 fas are green. What should I do to have the right view of the market all the time? THX!
5min candle=5 1 min candles, so before it close it can repaint that bars, after it close its no longer repainting
I think that the daylight savings are taken in account in the coding, Traderathome could confirm that when he comes by, as he created/modded that indi.
