Dislikedmr.mostashar ... i see that ur rang is higher than mostashar to be... a nice work, more than excellent , my broker is uranus investment -dubaiIgnored
Murrey Math indicator is very useful in Forex 68 replies
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Murrey math trading 1 reply
Dislikedmr.mostashar ... i see that ur rang is higher than mostashar to be... a nice work, more than excellent , my broker is uranus investment -dubaiIgnored
DislikedI guess, because the code is made for 4 digit broker. I will modify and share to suit 5 digit brokers as well.Ignored
DislikedI turned 100 pound account (it still a demo account) into 150 pounds today with 0.50 per PIP. Here were my trades.
Eur/USD = 40 pips
USD/CHF = 32 pips
USD/JPY = 31 pips
USD/CAD = 8 pips (not sure if this trade was done on a 4h time chart looks odd to me)
I am still running another trade on the USD/CAD which I am shorting and I am 8 pips up.
Anyway 111 PIPS banked today !!
Honestly I have never ever made 111 PIPS in my wildest dreams !
I am in total shock its a bit insane i expecting some turn of events to even up the scores...Ignored
DislikedExcellent work, mostashar15.
I have been playing around with Murrey on the D1 for a while recently and it is interesting how price tends to respect these lines quite a lot. This is definitely a good candidate for an EA. I wonder if Sir Steve Hopwood would be interested...Ignored
Dislikedsetup for 5 digit broker is working very nice,all thnx for our mostashar for a great well done job ...Ignored
at these points, then I can take things from there.
Ok, so I am going to play with this, but an indi coder can probably save me a shed-load of chaos and confusion.
QuoteDislikedOnce you get in LONG position, then your TP = next resistance (usually from 30 to 60 points based on Murrey span) and SL = -30 points.
DislikedI was watching some of the failing signals. As you see once there is a trend up, the candle will move above EMA(5,close) {the green line} and after some time, it will retrace back to test EMA(5,close) and continue moving up.
I noticed whenever the prices is over 25 pips above EMA(5,close), then it re-traces back. Therefore, I am thinking to add a new condition which is Close[0] is not more than 20 pips above EMA(5,close) in case of long and not more than 20...Ignored
QuoteDislikedI believe this will not affect number of trades dramatically. but rather will improve profitability further.
DislikedI think we should try whether number of trades is being damaged...
less trades + better profit > more trades and less profit...
let's give it a try
got another question:
why exactly those 7 pairs and no other pairs?
do u have special reasons ?
best regards
PhantiIgnored
Dislikedthere's no automatic sl/tp when i go short?
or did i miss s.th?
thank you so much for your content and ideas and your development.. 5 years of work and we just have to download 2 files in 10 seconds and start trading...
uhhm that's pretty unfair...
I'd voucher for you but still can't
best regards
PhantiIgnored