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The similarity system

  • #6,481
  • Aug 20, 2014 10:19am Aug 20, 2014 10:19am
Quoting Trader_X
can someone please explain to me how to load the ex4 file...for some odd reason my computer keeps saying "application not found"...when i try to down load it...much appreciated ..x

Easy . It is executable file that you are moving into your Indicators folder.

Navigate and copy your file into : C:\Program Files\MetaTrader 4\MQL4\Indicators.

*Restart your Metatrader
If you fall, I shall be there. - The floor
  • #6,482
  • Aug 20, 2014 10:24am Aug 20, 2014 10:24am
Quoting samaralala
{quote} Easy . It is executable file that you are moving into your Indicators folder. Navigate and copy your file into : C:\Program Files\MetaTrader 4\MQL4\Indicators. *Restart your Metatrader
Should just add that the *.ex4 file is the compiled file of the *.mq4 code, and is the file that the mt4 platform executes.

Let me know if you have more issues. Here to help :-)
If you fall, I shall be there. - The floor
  • #6,483
  • Aug 20, 2014 10:25am Aug 20, 2014 10:25am
Thank you sam...may all the pips be yours!!!
  • #6,484
  • Aug 20, 2014 10:28am Aug 20, 2014 10:28am
that is very kind of you sam...very much appreciated...ill try that...x
  • #6,485
  • Aug 20, 2014 10:30am Aug 20, 2014 10:30am
Quoting vlady1974
{quote} Scalping long dude. Eyeing 3295ish
Done.
Line in the sand.
The formation on the Daily seems interesting now.
A pip is only worth it if you know how much you risked to earn it
  • #6,486
  • Aug 20, 2014 10:36am Aug 20, 2014 10:36am
  • #6,487
  • Aug 20, 2014 10:38am Aug 20, 2014 10:38am
Watching the action form on UJ makes me think pump and dump. Most of today's action is definitely more Dollar related than Euro.
A pip is only worth it if you know how much you risked to earn it
  • #6,488
  • Aug 20, 2014 10:56am Aug 20, 2014 10:56am
to sam and tbird....i humbly thank you both for your help...i was able to complete the download!!! one thousand thank you's too you both...sam please disregard the PM i sent you...wont be necessary...all the best ..X
  • #6,489
  • Aug 20, 2014 11:00am Aug 20, 2014 11:00am
Finally a lower high on USDJPY 15M

2H from FOMC... could the market have priced everything in? I've been told that aside from some just 2min before, that no one knows the news before it comes out..... hmmm.
A pip is only worth it if you know how much you risked to earn it
  • #6,490
  • Edited 11:18am Aug 20, 2014 11:04am | Edited 11:18am
Quoting ephisi
Dnt try to trade like eurusdd. i bet he dosnt trade his life account that way. With sund money management theres no way you can blow your account using eurusdds method. i bet he dosnt leverage that high on his live account The truth is eurusdd was only trying to prove a point and top forexfactorys leaderboard. because people like me challenged him. he was just having fun. but correct me if im wrong , the money management may be bad but the strategy is 97percent efficient
I agree EURUSDD has ingenuine way of thinking about the market and certainly hope he doesnt trade his real account like he traded the demo account. However do note that if you are showing an explorer (even demo) and showing 500% return in a week, people will think that is for real and try to do in their real account and that wont end up well.

as for me, i listen a lot thats why you dont see too many posts from me but i have read eurusdd since begining and even gg53's thread that was offshoot from this thread. I questioned him about his explorer as well since that didnt sound like a good way to trade.

my own trading is long term (i.e. weeks, months) based on both fundamental and technical. I couldnt trade at these leverage anyways because of account size (you will know when you have a big account that leverage of 5 is also too much sometimes). Read up fti's thread (technical analysis fallacy) and see how he trades with 0 leverage now - and he was a market maker at tier1/2 bank in the past.


BTW this 97% has no scientific proof (not even defined properly : 97% of what??). historically price is transient for much more than 3% of the price points or time for any reasonable h. Also what matters is how far price goes before it comes back to recurrent zone. if price goes 100 pips against you before it get back to make you 5 pips, that is not going to be a sustainable strategy i.e. sure blow up sooner or later.
Also Eurusdd's use of math here is like a car salesman's pitch - claim using buzz words without fully understanding those. like that example where he said higher probability of tail after 6 heads... when someone pointed out thats wrong then changed tune to say he meant probability of 1 tail 6 tosses is high after 6 heads have occurred. Wrong again.


Anyhow i will leave it at this. Just wanted to point this out so that people dont think trading like eurusdd did in this demo account is sustainable.
  • #6,491
  • Aug 20, 2014 11:11am Aug 20, 2014 11:11am
Quoting vlady1974
Finally a lower high on USDJPY 15M 2H from FOMC... could the market have priced everything in? I've been told that aside from some just 2min before, that no one knows the news before it comes out..... hmmm.
Lol. Thats not true. Who has the news before its released. If you watch most high impact news price starts moving in tue direction of news some times 10minutes before news. Some time 24 hrs.
  • #6,492
  • Aug 20, 2014 11:12am Aug 20, 2014 11:12am
Quoting vlady1974
Finally a lower high on USDJPY 15M 2H from FOMC... could the market have priced everything in? I've been told that aside from some just 2min before, that no one knows the news before it comes out..... hmmm.
i totally believe that. but then some people might have better estimates based on their access to fed members. but no one knows for sure which way news is going (sometime there is leak due to technical errors but thats rare).
  • #6,493
  • Aug 20, 2014 11:15am Aug 20, 2014 11:15am
Quoting ephisi
{quote} Lol. Thats not true. Who has the news before its released. If you watch most high impact news price starts moving in tue direction of news some times 10minutes before news. Some time 24 hrs.
The question was posed to someone who works with crew behind his employer's trading desk. His answer was that no-one knows.
If there is any insider leakage, then some of the guys at another thread are showing that 2M before release there is enough of a blimp to suggest that a move in a particular direction is imminent.

Not saying I know... just saying I find it interesting.
A pip is only worth it if you know how much you risked to earn it
  • #6,494
  • Aug 20, 2014 11:20am Aug 20, 2014 11:20am
Quoting vlady1974
{quote} The question was posed to someone who works with crew behind his employer's trading desk. His answer was that no-one knows. If there is any insider leakage, then some of the guys at another thread are showing that 2M before release there is enough of a blimp to suggest that a move in a particular direction is imminent. Not saying I know... just saying I find it interesting.
ok, i didnt get you. Are you watching the 1hr short setup
  • #6,495
  • Aug 20, 2014 11:22am Aug 20, 2014 11:22am
Quoting ephisi
{quote}ok, i didnt get you. Are you watching the 1hr short setup
Don't worry mate... it's just quiet time ramblings whilst we wait on news.

Regarding UJ, yes I'm seeing that "lower high" forming on the 1H and 15M. Of course, not confirmed until the candle low is passed........sigh. Need a beer.
A pip is only worth it if you know how much you risked to earn it
  • #6,496
  • Aug 20, 2014 11:23am Aug 20, 2014 11:23am
Quoting vlady1974
{quote} The question was posed to someone who works with crew behind his e3mployer's trading desk. His answer was that no-one knows. If there is any insider leakage, then some of the guys at another thread are showing that 2M before release there is enough of a blimp to suggest that a move in a particular direction is imminent. Not saying I know... just saying I find it interesting.
alot of people have been caught for insider trading. I believe the system is not perfect.
  • #6,497
  • Aug 20, 2014 11:24am Aug 20, 2014 11:24am
Quoting vlady1974
{quote} Don't worry mate... it's just quiet time ramblings whilst we wait on news. Regarding UJ, yes I'm seeing that "lower high" forming on the 1H and 15M. Of course, not confirmed until the candle low is passed........sigh. Need a beer.
Inverse reln between EU and UJ
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD-USDJPY.JPG Size: 244 KB
A pip is only worth it if you know how much you risked to earn it
  • #6,498
  • Aug 20, 2014 11:32am Aug 20, 2014 11:32am
Quoting velox
{quote} I agree EURUSDD has ingenuine way of thinking about the market and certainly hope he doesnt trade his real account like he traded the demo account. However do note that if you are showing an explorer (even demo) and showing 500% return in a week, people will think that is for real and try to do in their real account and that wont end up well. as for me, i listen a lot thats why you dont see too many posts from me but i have read eurusdd since begining and even gg53's thread that was offshoot from this thread. I questioned him about his explorer...
I love this post especially last paragraph
  • #6,499
  • Aug 20, 2014 11:43am Aug 20, 2014 11:43am
Quoting samaralala
{quote} Should just add that the *.ex4 file is the compiled file of the *.mq4 code, and is the file that the mt4 platform executes. Let me know if you have more issues. Here to help :-)
thank you sama, my cycle indie is not working well, always missing Spikes..i have the .mq4 on my Chart, so better to use a .ex4 Version? where can i find it? can you post the indi? thank you so much! cheers mex
  • #6,500
  • Aug 20, 2014 11:47am Aug 20, 2014 11:47am
mex...click on the paper clip in the upper left hand corner...there you will see the ex4 file
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