Hello aserbfx, fairly similar situation with gbpjpy, although this looks like a much weaker setup/situation. for this, i think 78.00 to (ideally) 78.50 must hold for the choppy uptrend to continue (or for the current range to break). (my trend bias ...

james16 Chart Thread

careful.... looks more like a doji than a PB. very small.. close lower than the open.. very small 'nose'.] also, the top of that "PB" looks like a PPZ.

james16 Chart Thread

(dont have gbpcad on FXDD, so) based solely on your chart... pretty small PB & right at the breakout out point (& looks like a PPZ ---that 1.6160 area). your FTA looks nice, but i prefer the PB size to be a lot bigger or even form a BEOB (or PB-BEOB ...

james16 Chart Thread

check out the Daily BEOB too (FXDD). i double checked, it indeed was a BEOB for today (thursday, Asia). a very early BEOB, is thursday already finished? well, i see this as a another trend strength vs trend exhaustion/retracement scenario. ...

james16 Chart Thread

fairly similar looking with Adilius07's eurjpy chart. caution given by mbqb11 & ghous definitely has merit. i'd give the 'other side of the coin'...:nerd: regarding Fib confluence.. if u reverse plot that fib on your chart (since u are expecting an ...

james16 Chart Thread

IPB-wise, it actually didnt. IPB's move in such a way that it hits its 'nose' or wick-end &/or moves past it. this one did not. however, imho, this 'IPB' is fairly small & against a trend. (also, see my comment below) it's a matter of perspective. i ...

james16 Chart Thread

Hello Oskar, J16 Manager is an EA, not an indicator. so it should go to experts folder (not experts/indicators folder) not all .ex4 files are indicators.

james16 Chart Thread

i think this is where the VPS (Virtual Private Server?) comes in. i think it's like having your MT4 running 24/7. u pay a monthly fee ($30 - 100? per month). for those interested, use the FF search tool to learn more about VPS. i've read about it ...

james16 Chart Thread

sure, that's a minor PPZ. 1.3725ish. u can see it on H1/H4 (u can see that area acting as PPZ even on the left side of your chart). if price continue to fail to reach/breach 1.3800, then 1.3700 (& lower) looks possible. good job on that trade. alert ...

james16 Chart Thread

Hello Andrea, u can use Google or wikipedia to learn about DLL or Dynamic Link Library. on MT4, press F1 to go to Help. inside Help,use the Search tool. type "DLL imports" or "DLL". it will come up with search results. i think, in simple terms, ...

james16 Chart Thread

hello xmzhang, if i may... personally, if i saw this setup, there's a good chance i would've taken it. the difference would be where we put stops. this is gbpjpy, a wild pair, so most likely i have my stop 10-20pips above the DBHLC. (but there's an ...

james16 Chart Thread

Hello Andrew, which MT4 is that? try looking for an MT4 that fits your needs. i believe this is the only solution. url

time change on MT4

hello mattymo, that is not guaranteed. (in general, there are no certainties in trading, only probabilities.) there are several factors to be considered. (like those mentioned by ghous: trend, location, etc) btw, those are simply two PBs pointing in ...

james16 Chart Thread

don't pee against the wind? yes, u could say so

Why are most retail traders usually on the wrong side of the market?

ok, u got me thinking. let's take MACD on H1 again as an example. from observation, MACD on H1 will have its value change tick by tick continuously/non-stop (before, during, after H1 bar close). are u saying that when u use NewBar() function, MACD ...

num_bar parameter

yes, i forgot about that part: limit the lookback for faster loading. that NewBar() function sounds interesting. so how do u incorporate num_bar with the CCI Cross indicator? i think i confused you with the indicator request & my personal question ...

num_bar parameter

Thanks for your inputs, Kenny!

num_bar parameter

part of the looming question in my head is how to spot a piece of code which makes an indicator CPU resource-intensive. is there such a way, specially if i have sub-average MQL knowledge? i hope/expect that when i increase my MQL4 knowledge, i would ...

num_bar parameter

yes, these got me confused. lol num_bar purpose: mainly to limit CPU usage of indicator (CCI Cross). & i think to limit the clutter in the chart. i (like probably several others) assume that the lesser the input in the num_bar parameter, the ...

num_bar parameter

thanks Kenny! so is it safe to say that iteration is the main (only) reason why indicators are 'memory hogs'? any other reasons?

num_bar parameter