jhfx, read the BLUE update in post 1 of the thread: url

Fratelli Intraday trading system

Some of that difference is because, in spite of its name, the "EMA 2,15 Crossover" indicator DOES NOT use EMAs. It uses LWMAs (Linear Weighted MA). This chart shows where the LWMA in the indicator (white arrows) differs from the same indicator using ...

Fratelli Intraday trading system

While I don't agree with Dorobantu's abrasive manner, he is correct. The calculations he and I have mentioned are correct, given our clearly-stated assumption of 10 pip wins and 20 pip losses. If you change the size of the wins and losses, then of ...

Invictus

Correct. And/or stick with markets, times, and brokers that give you a better spread.

Invictus

However, if you do actually get 10 pips at your TP (even if the market has to travel 14 pips to make up for your 4 pip spread), and if you do actually lose -20 pips at your SL (even though the market only has to travel 16 pips to hit your stop, and ...

Invictus

Excellent observation! I would contend that it takes good discretionary skills to apply that "random line in the sand" successfully. Which almost by definition precludes it from being used successfully in a mechanical system like Udine's. Maybe the ...

Invictus

I couldn't resist... I have a preliminary non-recalculating, non-repainting indicator working. I believe the historical bar calculations are right, but I can't test the realtime bar generation until I have realtime ticks. Here's an ...

Invictus

*phew* !! I finally worked my way through all 941 posts. I'm new to MT4, but I've done system development in Tradestation for more than 12 years. Most of the same concepts apply here. I agree with Precisiontra's concerns about repainting ...

Invictus