Yeah i noticed ibfx has a sunday candle too

Problem with Weekly Pivot Points in MT4

You may like this one better file

Problem with Weekly Pivot Points in MT4

After posting this, I tested it manually for some time and found that it was not able to identify overall trend direction consistently. But it did seem to be able to pinpoint probable destinations and turning points. I think if someone looked into ...

Bollinger Band Support and Resistance Channels

The traders that know what they are doing won't take his word for it and follow blindly. If you are foolish enough to to make your decisions based on financial media, you deserve to lose your money.

Why CNBC shows Liar Jim Cramer Weekly?

i switched brokers from alpari to ibfx...spikes haven't happened again...only thing is now i dont have an unlimited time demo account which is garbage...oh well...if i see weird spikes again i will post

Irregular spikes on nzd pairs in metatrader

It seems they are trying to get rid of it now

Irregular spikes on nzd pairs in metatrader

Good thing you weren't on the other end of it.

Irregular spikes on nzd pairs in metatrader

good point

Irregular spikes on nzd pairs in metatrader

What broker are you with?

Irregular spikes on nzd pairs in metatrader

It's an accident just waiting to happen. I can't see the irregular spike that happened in 2006. I am going to email alpari and see what the hell is going on. That could really mess you up on a live account. If its not a valid spike you should be ...

Irregular spikes on nzd pairs in metatrader

I have had the same problem and modified an indicator called spudfibo to weekly pivots. It will take the previous week hi/lo the way you want. Here is the indicator file

Problem with Weekly Pivot Points in MT4

I have been researching price action for some time now and have found that it is one of the most consistent leading indicators around. It gives you a probable destination of price which you can then plan your trades around. Actions of price around ...

Study Price Action???

In my opinion trading and playing professional sports is very similar. You cannot win every night, you must have a game plan, you must stick to the game plan, you must be adaptive to the condition of the game, you cannot focus on one loss but must ...

Stop fooling yourself; There is no system

Try setting your limit profit twice as far as your stop. This way you have 2/1 risk/reward in every trade. If your stop is at 40 you will collect your 80 you say you get everyday

Everyday I make around 80 pips

My opinion is to set stops where price is most likely to bounce in your chosen time frame. Support/Resistance seems like a logical solution. A set deviation from a median average price would be ideal as well. Having a set stop of say 20pips does not ...

Where do you set you're stop loss?

Another option — Another option would be to auto-draw the horizontal trend lines from the center of gravity on a higher time frame only and allow them to be used on smaller time frames. D1-Horizontal trend lines from specific last closed ...

Modified Center of Gravity