And yet, watch out this term: statistical significance or just THE sample size ;-） If you check out the default value of "Period" for Bollinger in MT4--it is 20. Seriously? ;-) ==================== His fallacious understanding of this basic concept ...

Averaging Down - Is It Really That Bad?

Bollinger is many people's favorite because it seems to apply basic yet critical concept in statistics; however, it is not---Mr. Bollinger really failed to understand what normal distribution is all about. Regards,

Averaging Down - Is It Really That Bad?

(1)ngfast's fix for MT latest version works like a charm (for details, go to post #743) (2)Latest version by original author Derk that I have found (3) Not FFCal but my personal favorite (for details, go to: url )

FF Calendar Indicator for MT

Thank you, sir!

(binned per thread starter’s request) 1min chart scalping

As you can tell from the attached pictures, the EA almost has a 100% win rate! N.B. The two indicator charts down below are equity/balance curves of current chart and whole hedged portfolio in general.

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To mathmatically verify Saranga's claim, I have turned (almost) each aforementioned indicator into a stand-alone EA. The result is far more than promising. Thank you, mate

(binned per thread starter’s request) 1min chart scalping

Great stuff！Thanks！

Learn New MQL Coding

(1) FX trading is a great way to accumulate a fortune if and only if you really know how to "learn". (2) A system(atic way of trading) is a prerequisite to staying ahead in this game---you might have followed the wrong system.

Is anyone here earning a living, just with forex trading?

They are, with 99% certainity. BTW, most indicators are repaints, yet, some of which still work (at least, for the purpose of coding) N.B. Saranga’s indicators are great.

(binned per thread starter’s request) 1min chart scalping