i though about this before. this is what my conclusion was. say you get a signal so you go both long and short at the same time. then when you determine one is better then the other one, you close one of them out to pull in money on the good one. ...

new idea trading

ya, its not really mt4 its the broker you get the info from. they have a pretty good section here about it http://www.forexfactory.com/forexforum/showthread.php?t=7637

EA I created tested year to date

it looks good but your modeling quality is only 50%. need to get that up to 90% and run it. hopefully it will be the same. the first ea i created generated 66billion in 6 months, then i imported accurate data and got it to 90%. then i made about $1 ...

EA I created tested year to date

Forex trading is an occupation, not a hobby. When I say occupation I don’t mean a profession, I mean Normandy. If you are not sure you want to spend the time to trade it is best not to start, the market will run away with your wallet (chain and ...

time commitment

for me it has taken all of my time, well maybe all of my time + a few hours

time commitment

Math/Statistics and Philosophy

College Major for an FX Trader?

if you want signals that dont repaint with a moving average you need to enter the market on the next bar. MAs move up and down as the price changes. if you use median price (h+l/2) you have a better chance of them not resignalling

Darn this repaints the arrows...

get a micro account or smaller. oanda and interbankfx let you go down to 1 cent a pip, then you dont need to worry as much.

Cheapest Pair To Trade

there you go, you are using the past to find the trend, thus lag In all fairness you are completely right, the price is the only thing that matters. surprisingly enough the trend doesnt matter either. the price is right!

Best indicator for trend?

get a live micro. i think oanda and interbankfx do $0.01 per pip. real money acts different, i have no idea why, i think they set the demo level to easy if you win / break even on micro you willl be learning. if you loose it will teach respect ...

Do I need a reality check?

if you rule out all lag and only look at price then you can only look at last bar. last tick actually. so trend would be , if last tick was up trend is up!

Best indicator for trend?

you can definately make 1% a day. i dont think you can make a 75% winrate with 4 to 1 profit / loss ratio though.

Profit 1% a day 300 % a year

you will double your money every 36 days! i think the goverment will want 126% of it though

Profit 1% a day 300 % a year

1% a day would actually be 1978% a year. if you use the rule of 72, then at 1% your account will double every 72 days, and being 300 days in trading you are talking about 4 72s so 2x 4x 8x 16x your money in a year. It might not hurt to aim a bit ...

Profit 1% a day 300 % a year

you actually pay interest on it, its a loan. at the end of the day if you havent closed your positions you get a charged (or credited) a swap rate. here is an example. http://www.interbankfx.com/swap_rates.php although you might get paid or charged ...

Leverage mechanism

you are simply talking about having 1000pips in reserve on the outside. thats works fine for me too. the balance is to find the minimum you need in reserve so you dont ever have to re close/open the position. if you were truely brave you could go ...

making (a little) money off interest

you could keep up by using a daily ATR. if it takes 3 weeks to mail in checks (so you dont have to wire) then you could do ATR * 4 weeks. but really if you keep 2000pips worth of equitity avaible you stil end up with 35% a year and you only need 1 ...

making (a little) money off interest

there is a huge flaw in silver trend. it moves from current bar to the first bar in its calculations, so it is easier to find the tops and bottoms. in real life the market moves the other. i have reprogrammed it so it works the correct way, but now ...

Silvertrend formula

it just uses copies the whole pair datasets in and puts them on chart. it has to flip some of them , like gbp/usd when using usd/jpy. it normalizes them a bit, but i think it does it by price cut off and not by percentage. it does as good of job as ...

Is This Possible in Metatrader?

there is this indicator for the usd. i too usd gft at first, their platform is 100x better then mt4 cept its OCO and it cant auto trade hehe from this im sure you can figure out how to put any pair on. I have thought about making a seperate chart ...

Is This Possible in Metatrader?