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Another simple system - Time-Frame 15

  • #6,041
  • Sep 7, 2012 12:17pm Sep 7, 2012 12:17pm
Quoting X-Man
LOLOLOLOLOL Buddy the market going to close. Close you platform and start the weekend early.
Im out for now.
Ill be back on monday.
Hope everyone here has a good weekend
enjoy your weekend bro.

Happy pippin to all .
everyday is a weekend for me....i will not touch this stupid computer for 2 days....lol....all the unanswered PMs will be replied on monday....
Let all the living things live blissfully
  • #6,042
  • Sep 7, 2012 12:21pm Sep 7, 2012 12:21pm
waiting for this one to get hit...reduce my stop to and instead of getting out at BE...moved my Tp little down...convering the spread....lololololo
Let all the living things live blissfully
  • #6,043
  • Sep 7, 2012 12:24pm Sep 7, 2012 12:24pm
locked the profits BE now....
Let all the living things live blissfully
  • #6,044
  • Sep 7, 2012 12:26pm Sep 7, 2012 12:26pm
just got taken out at BE....cant fight anymore with the market...will catch you guys morrow...and whatever money you have made this week.....

plz donate some to the needy...includes all living things,,,,
Let all the living things live blissfully
  • #6,045
  • Sep 7, 2012 12:53pm Sep 7, 2012 12:53pm
Quoting loveevery1
plz donate some to the needy...includes all living things,,,,
this will be the first thing i do when i am able to trading, including animals!

Thanks for this post buddy!

Nice week-end
  • #6,046
  • Sep 7, 2012 5:00pm Sep 7, 2012 5:00pm
Quoting X-Man
Sorry buddy i just found out that its the difference with the broker.
I opened my other broker and the 200ema still hasnt been reached.
The problem is you don't have enough data in your database to display the indicator properly. The Daily 200ema needs a minimum of 200 daily bars to display in the correct position on the chart. So you need from about Jan 1 2012 at least. It's unfortunate MT4 does not throw up an error when insufficient data is available.

LE1 has the same problem. He has recently switched to Armada Markets, they only provide 2 months worth of data. The result is exactly the same as yours, the Daily 200ema prints in the wrong place on his charts giving misleading information. See post #6033.
  • #6,047
  • Sep 7, 2012 7:08pm Sep 7, 2012 7:08pm
i think someone asked for this indicator. candle spread and time.

Attached File(s)
File Type: mq4 Candle Time & Spread.mq4   2 KB | 526 downloads
Let your plan trade for you, not your emotion!!!
  • #6,048
  • Sep 7, 2012 7:19pm Sep 7, 2012 7:19pm
Quoting doublePip
The problem is you don't have enough data in your database to display the indicator properly. The Daily 200ema needs a minimum of 200 daily bars to display in the correct position on the chart. So you need from about Jan 1 2012 at least. It's unfortunate MT4 does not throw up an error when insufficient data is available.

LE1 has the same problem. He has recently switched to Armada Markets, they only provide 2 months worth of data. The result is exactly the same as yours, the Daily 200ema prints in the wrong place on his charts giving misleading...
what a fool i have been....you are absoultely right...no wonder there wasnt any bounce....lol...im not a tech savvy.....thanks for lettin me know...my FXPRO...shows that it still hasnt reached,,,,

This is an awesome....information...thanks for enlightning me....
Attached Image (click to enlarge)
Click to Enlarge Name: 1.png Size: 19 KB
Let all the living things live blissfully
  • #6,049
  • Sep 7, 2012 8:48pm Sep 7, 2012 8:48pm
I think Al from extreme tma thread has posted a template or indicator for 200 bar/candle period to get the exact 200ema.Mine 200ema also wrong need to check it out later .
  • #6,050
  • Sep 8, 2012 1:21am Sep 8, 2012 1:21am
Quoting doublePip
The problem is you don't have enough data in your database to display the indicator properly. The Daily 200ema needs a minimum of 200 daily bars to display in the correct position on the chart. So you need from about Jan 1 2012 at least. It's unfortunate MT4 does not throw up an error when insufficient data is available.

LE1 has the same problem. He has recently switched to Armada Markets, they only provide 2 months worth of data. The result is exactly the same as yours, the Daily 200ema prints in the wrong place on his charts giving misleading...
thanks fr the valuable info.
  • #6,051
  • Sep 8, 2012 1:40am Sep 8, 2012 1:40am
Quoting doublePip
The problem is you don't have enough data in your database to display the indicator properly. The Daily 200ema needs a minimum of 200 daily bars to display in the correct position on the chart. So you need from about Jan 1 2012 at least. It's unfortunate MT4 does not throw up an error when insufficient data is available.

LE1 has the same problem. He has recently switched to Armada Markets, they only provide 2 months worth of data. The result is exactly the same as yours, the Daily 200ema prints in the wrong place on his charts giving misleading...
Hi Doublepip, I have lost on that too. As you said we dont have enough data in our metatrader to calculate ema 200 correctly. but I scrolled down dayly chart and it goes all way down to 2004 - thats a lot more than enough data in it. Thats 8 years back.
anyway on metatrader 200 ema displays at the level 1.2760. do you have any idea how to amend it? it is vital to get it right
  • #6,052
  • Sep 8, 2012 1:42am Sep 8, 2012 1:42am
Quoting doublePip
The problem is you don't have enough data in your database to display the indicator properly. The Daily 200ema needs a minimum of 200 daily bars to display in the correct position on the chart. So you need from about Jan 1 2012 at least. It's unfortunate MT4 does not throw up an error when insufficient data is available.

LE1 has the same problem. He has recently switched to Armada Markets, they only provide 2 months worth of data. The result is exactly the same as yours, the Daily 200ema prints in the wrong place on his charts giving misleading...
Thanks for that, now i see where i went wrong.
All this makes things more accurate
Im glad someone told me
X-man the legendary conqueror of markets
  • #6,053
  • Sep 8, 2012 1:58am Sep 8, 2012 1:58am
Quoting hubby7
I think Al from extreme tma thread has posted a template or indicator for 200 bar/candle period to get the exact 200ema.Mine 200ema also wrong need to check it out later .
Are you talking about this indie?
Attached File(s)
File Type: mq4 60_and_200_bars_back.mq4   1 KB | 512 downloads
X-man the legendary conqueror of markets
  • #6,054
  • Sep 8, 2012 2:00am Sep 8, 2012 2:00am
Quoting moneytub
Hi Doublepip, I have lost on that too. As you said we dont have enough data in our metatrader to calculate ema 200 correctly. but I scrolled down dayly chart and it goes all way down to 2004 - thats a lot more than enough data in it. Thats 8 years back.
anyway on metatrader 200 ema displays at the level 1.2760. do you have any idea how to amend it? it is vital to get it right
I think you have to do this when the markets open on monday again so you get live charts.
X-man the legendary conqueror of markets
  • #6,055
  • Sep 8, 2012 2:08am Sep 8, 2012 2:08am
Quoting X-Man
I think you have to do this when the markets open on monday again so you get live charts.
Hi Xman, I dont think that will help , couse yesterday I had all uptodate data in my computer and markets were open, 200 ema was at the same level 1.2760 (i am with forex.com). it is amazing I just dowloaded mt4 platform from Alpary uk and they have 200 ema at the level 1.2837, thats a hige difference of 80 pips, I wonder why this happening. does anyone know?
  • #6,056
  • Sep 8, 2012 4:30am Sep 8, 2012 4:30am
Quoting xremmy
i think someone asked for this indicator. candle spread and time.

Attachment
Please can someone explain the
candle and time indicator?
i saw spread 100
and next bar in ......
what does it mean
  • #6,057
  • Sep 8, 2012 6:00am Sep 8, 2012 6:00am
Quoting X-Man
Are you talking about this indie?
Not sure about that .I wont be back until monday,since you have it you check the 200 ema level ?
  • #6,058
  • Sep 8, 2012 9:29am Sep 8, 2012 9:29am
Has anyone withdrawn from Armada yet?
They have 2 Account types. What type of account do you recommend to open?
I'm interesed about this things and if you have some information please send me a private message.
  • #6,059
  • Sep 8, 2012 10:59am Sep 8, 2012 10:59am
Quoting moneytub
Hi Xman, I dont think that will help , couse yesterday I had all uptodate data in my computer and markets were open, 200 ema was at the same level 1.2760 (i am with forex.com). it is amazing I just dowloaded mt4 platform from Alpary uk and they have 200 ema at the level 1.2837, thats a hige difference of 80 pips, I wonder why this happening. does anyone know?
I think this is the reason why.

Eventhough mt4 data have more than 200 daily candles to calculate the 200 ema, but pls bear in mind that, the current value is based on the calculation of CLOSING price on every single candles of the last 200 candles.

However, the end financial day on every single brokers is NOT set to the standard time thus giving us VARIES closing price reading on every single day. Due to this reason, I think, the result of daily 200ema value would surely be different depends on the brokers.

But, there won't be an issue on ema reading for the lower TF for instance M1, M5, M15, M30 and H1 as the CLOSING price of the candle are TIME standardised for all brokers. Problem starts on TF H4 and higher.

I have read somewhere stated that, the end of financial day for forex is recommended at the closing day of NY market which is at 5pm NY time. Which means, forex FINANCIAL DAY ideally should be considered started at 5:01pm till 5:00pm the next day. (starts from Wellington ends New York)

So, should we find and open a demo account (as an indicator) with the broker uses the daily closed price at 5pm NY time, thus we all can have the same reading on the emas therefore, avoiding any misleading and confusion?
  • #6,060
  • Edited Sep 9, 2012 2:00am Sep 8, 2012 1:33pm | Edited Sep 9, 2012 2:00am
Quoting d.narrow
I think this is the reason why.

Eventhough mt4 data have more than 200 daily candles to calculate the 200 ema, but pls bear in mind that, the current value is based on the calculation of CLOSING price on every single candles of the last 200 candles.

However, the end financial day on every single brokers is NOT set to the standard time thus giving us VARIES closing price reading on every single day. Due to this reason, I think, the result of daily 200ema value would surely be different depends on the brokers.

But, there won't be an issue...
thanks a million for explanation! we might as well to open a demo account with the other broker but it is hard to know what level of 200 ema of what broker price will respect, one time time it respect one level the other time - another. See, FXCM have it on the same level with Forex.com etc., on the other side are Alpari uk and other respected brokers, they are kind of divided in two groupes. maybe for sure take a middle level then we surely wount be far away from the truth.
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