I'd be careful. Gaps generally retrace until they are closed. I'd wait for the monday candle to close.

Trend Finder Daily

A breakout system's success can be measured this way: "How long will the price move in my direction before retracing?" If your average breakout is a solid 100 pip move up with minimal retracements, I'd say that's a good breakout, and worthy of ...

7am-9am Big Dog USD Breakout Strategy

Yes. When the range resets, the EA will place new trades.

7am-9am Big Dog USD Breakout Strategy

Almost, the timeframe shouldn't matter. The EA will automatically follows the 1 minute bar. The only reason why timeframe would be important is for the EachTickMode function. If EachTickMode is set to true, then the EA will take a signal whenever it ...

7am-9am Big Dog USD Breakout Strategy

Here is an EA I developed for this sort of breakout system. You can mark your range to the minute. There is one catch, You need to use the HH:MM format for RangeStart and RangeEnd, otherwise the EA will malfunction. The EA is hard coded to use the ...

7am-9am Big Dog USD Breakout Strategy

I guess I'll be the loser to answer: MACD stands for Moving Average Convergence Divergence it's the difference between the fast and slow EMAs. (The histogram is anyway). The signal line is the moving average of that histogram

How To Effectively Trade In Both Range And Trending Market By A Single Method

And I thought I was the immature one on this forum.

University of Trading- BEAT THE BROKER

It's quite possible to have negative pips. It's movement in the direction opposite your trade. I'm pretty anal about this definition for this primary reason: A pip is defined simply as the smallest unit of change in a given instrument. Profit is ...

University of Trading- BEAT THE BROKER

I'm curious to know your definition of a pip. As far as I know, a pip is a measure of movement, not a measure of profit.

University of Trading- BEAT THE BROKER

Well, consider that the estimated daily volume is 1 trillion USD. To move the price 1 pip for an instant, you'd need to place an order for at least 10 billion USD.

1 pip = ? lots

It took me 14 tries to get my EA entered into the competition. A lot of it had to do with ModifyError 1 or something like that.

Show your best EA

Making an EA for this isn't really a huge problem, but it'd be tied to a specific range. I'm trying to come up with a universal time-based range-breakout EA so I don't have to code a new EA for each market. (London, New York, Tokyo, etc).

7am-9am Big Dog USD Breakout Strategy

How is it better? I thought this system was simply a range over a specific time period, not a specific amount of bars. Therefore the timeframe used would be pretty much irrelevant.

7am-9am Big Dog USD Breakout Strategy

Somebody seems to have selective reading. Note my entire profile: Associations: RBS Greenwich Capital A quick google search shows that it's a fixed-income capital markets firm. For someone as thorough as you, I'm surprised you missed that. Here's ...

AshFX Daily

First of all, where did you get the idea I'm a medical student? I'm taking up Business finance. Get it right. Stop making assumptions about me or my character if you intend to challenge it. Also note that I readily admit that the assumptions I made ...

AshFX Daily

This system was shown to me by another member here at FF. Here's my EA for it.

Neurus PSAR 1 hour system

Another option is to check TimeCurrent() against TimeLocal(). But because of the tick problem, you would need this running in an infinite loop in order for this to work. for (int i = 0; 1 == 0; i + 0) { if(TimeCurrent() != TimeLocal(0 + (put the ...

Indicator to Trigger Signal Loss

What you're saying is probably true. I haven't lived long enough to go through such experiences. I agree that forex is a life-long learning experience. There's an old saying for this game I used to play: "It takes a minute to learn, but a lifetime ...

AshFX Daily

If you've spent 8 years studying this market and you're still not independently profitable, perhaps Forex is not a good market for you.

AshFX Daily

Well, when I went live, I started with a paltry $200. Keep in mind however, that I lost an estimated 2.3 billion in demo trading over 3 years before I placed my first live trade.

How much did you start with?