Yes you would go long in this situation. No, if they are not both the same color at the opening of the candle, I do not take the trade. I analyze the charts for maybe 10 minutes after the opening of the candle. If there is no entry signal at that ...

Trend Finder Daily

Hello, To your first question, the Daily Strategy has produced more money. The main reason is because the 4hr strategy will produce more losses and smaller gains than the daily system. Although you will have more trades, there will be more losses ...

Trend Finder Daily

I agree with this. I have also found that back testing EA's is usually not very accurate.

Trend Finder Daily

Thanks again for your work Ronald

Trend Finder Daily

That is a possibility, I will look into using that. Thanks for the suggestion

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I have never had a problem with FXCM. However, I have not yet tested this MT4 platform. I do not want to transfer my live account to their MT4 without testing it, but unfortunately they are not offering demo accounts yet. Hopefully another couple of ...

Trend Finder Daily

The black line just goes over the top of the indicator. I do not find it useful. You can remove it by going into options, and selecting its color to "None"

Trend Finder Daily

This is correct, you would not be able to trade at this time.

Trend Finder Daily

Hello David, I usually set an alert in MT4 to alert a sound when the pair makes it to the break even point. However, if I know im going to be away from my computer, I setup an email alert that goes out to my cellphone, then with fxcm, I can call in ...

Trend Finder Daily

Hello, Yes to both Questions. Both indicators can change color at anytime before the bar closes. However, if you try and play it safe by waiting for the bar to close before entering, you will find that you are getting into trades much later than you ...

Trend Finder Daily

I agree, although -100, +50, +100 does work rather well, customized SL and TP would be even better. I'm trying to find a good way to share my future trade results. I have seen some doing it with google docs, I am going to look into that some more. ...

Trend Finder Daily

Letting you know I replied to your email

Trend Finder Daily

Sure, I just switched on accept emails, however, you could upload your chart image to url then post a link here so everyone will be able to see it in case they run into the same problem that you're having. Bull101

Trend Finder Daily

Hello, When the indicators both change to green, that is a buy entry. They will usually not change at the exact same time. It does not matter which one goes first. You exit the second trade when AO shows a reverse signal. However, it is true, that ...

Trend Finder Daily

Forgot to mention you'll also need to place the indicator files in c:\program files\odl meta trader 4\experts\indicators

Trend Finder Daily

Place the .tpl file in C:\program files\ODL MetaTrader 4\templates Then restart mt4, right click on your chart, go to templates, and select the template. Bull101

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Whenever I finish analyzing them at the candle open. So I would say roughly 10 minutes at the most.

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Since the AO changed on the last candle, I consider entering now to be a late entry, so I would not take these trades.

Trend Finder Daily

Hello, I do not wait for the candle to close. I analyze the charts when the candle opens. If there is a signal, I take it. I trade this on all available pairs.

Trend Finder Daily

Hello, I have been finding these signals using ODL. Their daily candle opens at 0:00GMT, so any broker that opens at that time, you should be fine with. My live broker is FXCM, however, I haven't switched to their MT4 account yet. So I find entries ...

Trend Finder Daily