First of all Happy New Year to you Darryl... And second of all, thank you for your positive comments and for taking the time to post this video. To be honest with you, I am still searching for a method to use these levels. The levels work, ...

Random Walk (The unbeatable!)

Hi Newbegger, I respect your view. However there is a misconception in what you state. Random Walk does not mean markets are random. The motion of the markets are random walk, which is Volatility * SquareRoot of Time. It just gives boundaries where ...

Random Walk (The unbeatable!)

I understand now. Thank you for the input.. Good Luck...

Random Walk (The unbeatable!)

Dezil, Please try the ones which are posted below. Both indicators have to be put in indicator folder. Val_Bands-ATR-Close calculates the average differently.. file file file file

Random Walk (The unbeatable!)

Dezil, in mql4 the "C" of Close has to be in caps. I honestly don't know what "close" represents. Close of a bar must be "Close" in caps...

Random Walk (The unbeatable!)

Hi Dezil, I honestly don't see the difference. It looks like you wrote the same line twice...

Random Walk (The unbeatable!)

Welcome Sidric and thanks for sharing your method. Here is another angle you can use with your method in which you don't even have to calculate 14 days daily range. Instead you use anticipated daily range, which is DailyTopLevel0 - DailyBotLevel0. ...

Random Walk (The unbeatable!)

No problem Sidric, Here is the part of the code that calculates what you are asking for: MathAbs(Close[i]-Close[i+1]); Just like you said I calculate 1440 bars of 5 minute timeframe and then take the average. (1 week rolling average basically) Hope ...

Random Walk (The unbeatable!)

In interbank FX trading there is no fractional lots. And the orders are always in increments of 1 lot. If your broker accepts fractional lots like 0.50, 0.75, 1.25, 1.50 etc that means it a betting against you (B Book). So in retail FX market there ...

In FX is there always a counter party to all trades?

Sovereign, thanks. If you find an interesting way of using it, let us know... Good Luck.....

Random Walk (The unbeatable!)

Welcome Sling. Please let me know what you think about it after you finish coding.... Good Luck......

Need Best Support and Resistance Indicator

Hi v2, Thank you for your positive remarks... Good Luck...

Random Walk (The unbeatable!)

I am very flattered, but unfortunately I have no commercial interest in selling information. Please don't get me wrong, I respect what you do, but that is not me. What I create I use it on my trading. The risks and the rewards are all mine. I share ...

Im offering, to you, a free version of my MT4 Volatility algo.

Honestly I wasn't shopping. I was looking at the forums and your thread came out on top with a name "Volatility" in the commercial section, and it attracted my attention. Because that is the area of my expertise or lets say my research... So this is ...

Im offering, to you, a free version of my MT4 Volatility algo.

Well, thank you for your honesty telling me that I am almost right. If you would have created such a deadly creature you would have kept it to yourself. So I will respectfully pass.... Cheers....

Im offering, to you, a free version of my MT4 Volatility algo.

This is a very simple algorithm. It is a shame that you are trying to sell this!! It is basically volatility * sqrt(number of bars ) If the people following this are naive enough to buy this, I have nothing to say.... Cheers...

Im offering, to you, a free version of my MT4 Volatility algo.

*****Correction****** Actually the correct way of the last part should be like this: For the high levels: Level1[i]=Close[0] *MathExp((MathSqrt(BarsRemaining) * LeastSquareVolatility) * 1); Level2[i]= Close[0] * MathExp((MathSqrt(BarsRemaining) * ...

Need Best Support and Resistance Indicator

Sure Sling, no problem. Here is the logic of the code: The volatility of the bars: Volatility[i]=(MathAbs(MathLog(iClose(NULL, PERIOD_M5, i) / iClose(NULL, PERIOD_M5, i+1)))); Than the least square ma part: (For the MA Length I always use 1440, 1 ...

Need Best Support and Resistance Indicator

Great post Sling... As far as the smoothness goes, it would always be smooth because I use one week rolling volatility. This way the volatility is not effected too much with the recent price action. As the number of bars left for the day gets less ...

Need Best Support and Resistance Indicator

I am sure everybody has good memories of you my friend. You are a very valuable member here. We all make mistakes, that is how we learn... So again I sincerely wish you all the best...

5 min time frame free forex indicator - trend catching machine