Recent content by rshaug

Also, if you are in touch with the coder (Samuel Suswante), please advice him, depending on the price volatility, Martingale next crank-up should be opened only if indicators show trend change/reversal in the direction of your trade, otherwise it could be a waste of money :cool: and the...

Thanks for sharing ex4 (but no mq4). Definitely, a rework is needed. 1. Long trends up/down are not traded at all (though Zigzag is good at long trends). 2. Too many Martingales at 5- 7 cranks in one month, can damage the account, unless it's a penny account. Need some control apart from...

True. However, there is always a stop-loss and news management strategies. In this EA, there is an option 'Neutralizer' for a runaway price. This calculates and opens auxiliary / hedge position in the opposite direction to balance the loss. When it works, it works great. When it doesn't, it...

OK, now tweaked pips multiplier (in OnInit and throughout OnTick) - was *10 for 3 and 5 digit quotation. For my broker and my convenience I made it *1. With M1 presets for EURUSD attached below, on a spreadbet account (leverage 200) with initial deposit £5000 (no MM, initial Lot =5GBP and...

Reza, the EA settings cannot be minimized. The EA is very complex, therefore there are many settings to cater for various requirements/markets. It is not like you turn it on and forget it,then come and collect a $1000 :cool:

Technically, why is .. line 452: if(_Digits==3 || _Digits==5) 453: n=10; and then ... Line 949/968: n*_Point //why we do we do Point*10? This might be good for SpreadBet with 5 digits quotation where 10 pips = 1 lot gain/loss but definitely not for ECN...

Thank you, Symphoenix. Methinks, Martingale is a good trade recovery strategy if used with a cool head and no greed. The volatility, particularly in EURUSD, USDJPY, does not allow much for technical analysis and 'predictive' indicators. Advantages in this EA: dynamic grid calc based on...

BoJ wrapping up their QE? IMHO, there is very little or no technical analysis or statistics applicable in D1-H1 timeframe. Any word spoken by a central banker blows it away - and they are queing in front of the microphone ...:nerd:

Thanks for mq4, RM

I understood that's when ExhaustionBar indi should help, i.e. gives you a signal 'the trend is exhausted and is about to reverse' . I cannot decompile 'ExhaustionBar' indicator from ex4, but it looks somewhat dumb: sometimes it gives you 'exhaustion' signal after 40% retracement, sometimes it...

I think, Vertex default colors are right (not the other way around):

Hi Wini, I miss the logic of using Vertex indi vs. ExhaustionBar indi for open/close signals. Not obvious from a test. Also, what's the point of opening a second level -same direction- position of the same size if not a martingale? Other than that, there is plenty of potential ;)