But then you would need to use a broker connected to MT4 with their order ability....or were you thinking of getting an Excel sheet updating for you, to manually update over at Oanda or your other non MT4 dealer?... Unrelated side note another analysis....we would need to analyse the length of trade....like this...80% of the time the trade reaches two-times secondary ATR within: 720 minutes...when the secondary 15 minute is used 1080 minutes = 30 M secondary 1440 minutes = 60M secondary *Times are for the example within this post only and are meaningless I am a believer in time stops...Because of the Demarker...Time stops may be all that is necessary...
EA=Excel application right? sorry for the novicisity. Would you need to fund an MT4 dealer to keep from being in a Demo that needs to be renewed in MT4...? then.. can an Excel App drive a non MT4 broker...I do not have an Oanda API...which is costly...
EA= Expert Advisor I wouldn't recommend any broker that offers MT4 if you have any sizeable account (most of them are a joke). But if you have access to API or C++ with a program like Strategy Runner for FX you could do it that way. You could also use the email/alarm function within MT4 and just manage your positions in a manual way. Good Luck!
Unfortunatley when gravity brings down the EUR/AUD it meets strong support and big green candlesticks...
Yes. Lots of support. Plot a 610 & 377 EMA (Fib numbers) on your daily charts. And below that is the 55 EMA.
Fellah's ... All the system needs is a market-based stop method, and all of the other rules seem to be intact thus far.... Hang in there... 47% drawdown obviously cannot be tolerated and real bad for the stats, but sometimes you need to push exposure to find out what NOT to do. I have not added anymore to the EUR/AUD ....I am down 2700..and if it becomes 6k I do not care..I think the wait can reveal what I need to know. But holding over NFP would be gambling... In 5 days is NFP. I cannot hold over NFP and if the next 5 days does not give any relief, I will be forced to take the loss and give back some of the hard earned profit in the last 3.5 months ($4,780.43) in which those of you can remember the live trading in those deleted threads and followed It is not really a blow up...just a waste of time...I have withdrawn more money than I have deposited, thus far...but the testing and the project is the point here, I have not even begun the live trades... You know when sharing publicly, you need to be "thick-skinned" and this time is not any different. I have some friends and some foes and there are real tangible friends, I have discovered also. But I need to follow this project through and I can see that many of you can see how the curves work and I have made a small difference in your trading...I have nothing to lose. I need many guests to understand....I am 48 years old and have a job outside from trading, that pays me 6 figures a year and I can work from home. Trading is my first love and has remained that way since I was 18 years old. Through the years I worked in Banking, Business Advisor to wealthy clients, Entrepeneur in Stockholm Sweden, Cross-Country Truck Driving, CTA...etc...etc. In trading my own money off and on, I have really blown up two times in my life with far more money beyond my profits...In trading OPM, I have traded million dollar clients with million dollar accounts. The point is..I am fine...I am not for hire and will reach my five million dollar retirement goal in nine years and nine months....and Yes! I drive a 1990 Plymouth Voyager with simulated wood grain siding. Michael B. P.S. You know..when I wake up in the AM I never know what I will find in ET, it's like a box of chocolates.
I just took a quick trade in EUR/JPY...I couldn't resist...it was a 15M secondary on a good long Demarker sig...long.. so I entered 3 minis.... I bagged 12 pips (2*15M ATR rounded to the nearest 4 or 9) in a 1.5 hrs...plus $31.43 It's really nice when everything works...The 15M secondary is quite reliable and always has been... Michael B.
This was quite astute and I have been thinking on this for the last few days...no matter how much distractions.... I feel I am getting back to the project if allowed to continue...It's good to be back trading, after an absolutely confounding day... Michael B.