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  • #134,101
  • Apr 22, 2015 10:53am Apr 22, 2015 10:53am
Quoting kenfen69
{quote}11700 order filled on DAX...baby lots as its the first trade I've ever placed on DAX. Profit locked... {image}
Quoting sisse
For now, knee jerk reaction on risk coming in the next few session so I hope it doesnt hit your trailing...
Quoting kenfen69
{quote} Thanks for the info, sisse. Yes...my trailing may be a little tight. But I'd rather go green on my first one on an instrument (psychological silliness).
The bastards! Still paid well, though...
Attached Image (click to enlarge)
Click to Enlarge Name: DAX.JPG Size: 85 KB


Gotta rock...play safe.

(bit of reading later on MT4/alternatives, I see...good stuff.)
  • #134,102
  • Apr 22, 2015 11:07am Apr 22, 2015 11:07am
Quoting Rockerzeus
{quote}
1-Day starts should be adjustable with choice of user. I want to switch day start by only assigning day start hour in terms of GMT and to see what London or NY or Tokyo user see when they put for example pivot indi.
2-Chart TF must be flexible.(If someone wants 3 hrs, 12 hours or quarterly chart, it should be converted easily without chart converting indi and without offline charts).
3-It must support multitimeframe indicators.
4-It must have unlimited level addition in fib tool along with defaults one.
5-It must have ability to use multi...
9-More feature added one-click trading (SL-TP-Trailing Stop-Pending Orders etc etc) on chart.
10- Adjustable font size at right price scale for high resolution screens
  • #134,103
  • Apr 22, 2015 11:12am Apr 22, 2015 11:12am
Quoting kenfen69
{quote} Flat that... {image}
great catch , was looking at the other side, luckily not trading
Don't be a hero. Don't have an ego. Always question yourself
  • #134,104
  • Apr 22, 2015 11:27am Apr 22, 2015 11:27am
Quoting Rockerzeus
{quote} 9-More feature added one-click trading (SL-TP-Trailing Stop-Pending Orders etc etc) on chart. 10- Adjustable font size at right price scale for high resolution screens
YES! And the ability to run two+ different platforms, or instances at the same time for us dual monitor people!
  • #134,105
  • Apr 22, 2015 11:27am Apr 22, 2015 11:27am
Quoting Rockerzeus
{quote} 9-More feature added one-click trading (SL-TP-Trailing Stop-Pending Orders etc etc) on chart. 10- Adjustable font size at right price scale for high resolution screens
Most of this is already covered by jforex (dukascopy and a couple others).
  • #134,106
  • Edited 11:50am Apr 22, 2015 11:38am | Edited 11:50am
Quoting ws121
Also, and this may or may not be relevant, MT4 does not give you the best environment to practice as a beginner for 2 reasons: - First, with MT4, a beginner gets overwhelmed by the infinity of indicators out there created for it. Which makes it really easy for scammers to fool beginners because all their magic boxes are designed for MT4. The result is that instead of learning and practicing, beginners keep trying those EAs one after another.
Is this the way to start dealing with a platform that trades money (real or demo)? That's usually how I start a video-game.
I don't think, it should be the platform's responsibility to tell people how to approach it, but if you don't know the difference between candle- and bar-charts, you shouldn't even consider to press the buy-/sell-buttons if it's not a demo-account.

Don't forget that the mentioned project first and foremost is about RoI, not QoS.
  • #134,107
  • Apr 22, 2015 11:54am Apr 22, 2015 11:54am
Quoting sakisf
{quote} Most of this is already covered by jforex (dukascopy and a couple others).
are those platforms available to other brokers as well?
  • #134,108
  • Apr 22, 2015 11:55am Apr 22, 2015 11:55am
Quoting Rockerzeus
{quote} 1-Day starts should be adjustable with choice of user. I want to switch day start by only assigning day start hour in terms of GMT and to see what London or NY or Tokyo user see when they put for example pivot indi. 2-Chart TF must be flexible.(If someone wants 3 hrs, 12 hours or quarterly chart, it should be converted easily without chart converting indi and without offline charts). 3-It must support multitimeframe indicators. 4-It must have unlimited level addition in fib tool along with defaults one. 5-It must have ability to use multi...
My old SierraCharts platform kick ass 10 times MT4 in terms of charting and cover all those points. Definitely added to the list...Excellent feedback guys ...keep it coming. I'll go in details after hours.

On the market side. Greek details keep slowly filtering. All pointing to a negotiated small payment default "a l'europe" (meaning some technicalities to avoid naming it full blown out default and expelling Greece from the EZ) that will include some further haircuts and "Flexi payment" extensions in exchange of a stronger reform package (whatever that means)....

Tracking the key 1.071x as only level to stop completing the leg....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #134,109
  • Apr 22, 2015 12:14pm Apr 22, 2015 12:14pm
Quoting Pharm0r
My girlfriend is outside teasing bee's....darwanism at its finest... took a couple shorts on EU at 0741 b/c of 1.07469, 9 pip stop
stopped b/e +a few
  • #134,110
  • Apr 22, 2015 12:44pm Apr 22, 2015 12:44pm
Quoting Mr Hatch
{quote} Is this the way to start dealing with a platform that trades money (real or demo)? That's usually how I start a video-game. I don't think, it should be the platform's responsibility to tell people how to approach it, but if you don't know the difference between candle- and bar-charts, you shouldn't even consider to press the buy-/sell-buttons if it's not a demo-account. Don't forget that the mentioned project first and foremost is about RoI, not QoS.
What I meant is that if this option is available in a charting platform, it might be considered by all trading tutors (serious ones) and their trainees.
Also, I wasn't talking about those basics
Quote
the difference between candle- and bar-charts
, since MT4 does the purpose, I was talking about learning to execute a strategy without the benefit of hindsight
  • #134,111
  • Apr 22, 2015 12:53pm Apr 22, 2015 12:53pm
Quoting Rockerzeus
{quote} are those platforms available to other brokers as well?
jforex was available by Alpari UK & FXDD besides Dukascopy. Most brokers have mt4 licenses and people are so used to it I doubt they want the risk to try other platforms (both brokers & clients). It's the industry standard now in retail. ctrader is now offered by more and more brokers but I don't see it beating mt4 on charting, it's only faster in placing orders.

So if you want something above average mt4, just open a small account at dukas europe and use their jforex for charting. Their price feed is excellent too.
  • #134,112
  • Apr 22, 2015 1:02pm Apr 22, 2015 1:02pm
Quoting ws121
{quote} What I meant is that if this option is available in a charting platform, it might be considered by all trading tutors (serious ones) and their trainees. Also, I wasn't talking about those basics {quote}, since MT4 does the purpose, I was talking about learning to execute a strategy without the benefit of hindsight
Code the logic into an EA and let it run for a while...

There are plenty of open source EAs available and if it is just a matter of triggering logic, this can be sorted with a little effort. After that, it's probably just static values on TP and SL...

Just because the strategy tester is made available in Meta4, doesn't mean that you have to use it...and as far as it goes, the Strat Tester is to do exactly as it says, check the logic of the strategy, not for use in establishing profitability from historical charts.

I work with several people, in groups, who will take a piece of logic and apply it with their own ideas and trade pairs...this lends itself to the viability and a lot more beneficial than working shit out by eyeballing a historical chart.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #134,113
  • Apr 22, 2015 1:30pm Apr 22, 2015 1:30pm
Quoting sakisf
{quote} jforex was available by Alpari UK & FXDD besides Dukascopy. Most brokers have mt4 licenses and people are so used to it I doubt they want the risk to try other platforms (both brokers & clients). It's the industry standard now in retail. ctrader is now offered by more and more brokers but I don't see it beating mt4 on charting, it's only faster in placing orders. So if you want something above average mt4, just open a small account at dukas europe and use their jforex for charting. Their price feed is excellent too.
Not sure if you're peddling jforex or just nay-saying the idea of a new platform- doesn't matter either way, as neither of those two things is constructive to the production of a new platform. They're looking for ideas that you would like to be incorporated if they were to produce a new platform, not whether or not anyone cares to leave mt4 or jforex, that part is already established.
  • #134,114
  • Apr 22, 2015 1:37pm Apr 22, 2015 1:37pm
Quoting Pharm0r
{quote} Not sure if you're peddling jforex or just nay-saying the idea of a new platform- doesn't matter either way, as neither of those two things is constructive to the production of a new platform. They're looking for ideas that you would like to be incorporated if they were to produce a new platform, not whether or not anyone cares to leave mt4 or jforex, that part is already established.
Was just pointing to Rockerzeus that what he was looking for is already available. I am not following the conversation from the beginning anyway and don't really care if someone is to create a new platform to nay-say it, as in I am not in the industry and don't have any interest into it.
  • #134,115
  • Apr 22, 2015 1:41pm Apr 22, 2015 1:41pm
a new trading platform? are ya'll serious? Hasn't it all been done to death? Have any of you used Tradestation? MultiCharts? Sierra? ninjatrader?, etc, etc, etc?

This is all very boring to me. Somebody, quick, post a bouncing booty gif. This is supposed to be a RUT....???
"If The Fool persists in his Folly he will become wise." - William Blake
  • #134,116
  • Apr 22, 2015 1:44pm Apr 22, 2015 1:44pm
Quoting Magix
{quote} Code the logic into an EA and let it run for a while... There are plenty of open source EAs available and if it is just a matter of triggering logic, this can be sorted with a little effort. After that, it's probably just static values on TP and SL... Just because the strategy tester is made available in Meta4, doesn't mean that you have to use it...and as far as it goes, the Strat Tester is to do exactly as it says, check the logic of the strategy, not for use in establishing profitability from historical charts. I work with several people,...
If I understood you properly, I'm aware of Strategy Tester in MT4 and what it does as you described it. What a strategy tester does not do is to load part of the history, say up till year 2000, and let you do virtual trading as the chart starts loading the historical tick data as in real time.

Maybe just forget this whole idea, seems like it doesn't appeal to you guys. But as I am a musician, I know exactly what it takes to make a good performer, practice. And simply put, MT4's Strategy Tester doesn't give you the right atmosphere to practice and the only way to do it properly is to do so in a demo account for months if not years. Something in a charting platform called something like a Practice Mode, or Testing Mode would make this very attractive to all educational institutions and academy.

At the end, we all started using MT4 because we were trained using it.

Anyway, I'm still curious to follow the project progress.
  • #134,117
  • Apr 22, 2015 1:55pm Apr 22, 2015 1:55pm
Quoting ws121
{quote} If I understood you properly, I'm aware of Strategy Tester in MT4 and what it does as you described it. What a strategy tester does not do is to load part of the history, say up till year 2000, and let you do virtual trading as the chart starts loading the historical tick data as in real time. Maybe just forget this whole idea, seems like it doesn't appeal to you guys. But as I am a musician, I know exactly what it takes to make a good performer, practice. And simply put, MT4's Strategy Tester doesn't give you the right atmosphere to practice...
Ahhhhhhhhhhh...a trading simulator...

HERE.

Practice Mode and Testing Mode is made available through MT4, it's called DEMO trading. REAL LIVE, real time, and custom the account to mimic exactly how you would trade, on what you would trade for the sizes you would trade on the account you can afford to open.

Problem is, you are a musician. You get the benefit of practicing whenever you'd like...a huge part about market, is that the psychological impact of the simple 2 days of being closed as well as the effect it has on the overall market is what makes it challenging.

Not saying that the trade simulator doesn't have it's advantages...buy you aren't learning a song you will play repetitiously...you are learning to work with a set of criteria that will afford you the greatest possibilities...
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #134,118
  • Apr 22, 2015 1:58pm Apr 22, 2015 1:58pm
Magix, do you have any good links in your basket to learn some beginning MT4 coding language? Got a few things I want to work on over the summer
  • #134,119
  • Apr 22, 2015 1:59pm Apr 22, 2015 1:59pm
Quoting Mr Hatch
{quote} oh, she's cooking?
Are you tracking anything other than 0639?
  • #134,120
  • Apr 22, 2015 2:04pm Apr 22, 2015 2:04pm
Quoting Pharm0r
{quote} Are you tracking anything other than 0639?
nope, sucking on my sugar cane and playing with a donut.
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