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2024-05-20T11:01:28+10:00 https://forex-station.com/feed/topics_active 2024-05-20T11:01:28+10:00 2024-05-20T11:01:28+10:00 https://forex-station.com/post1295541985.html#p1295541985 <![CDATA[Trading Platform Discussion • Are brokers moving away from MT4 and MT5?]]>
Like none of you are Americans, so I don't know why you're even commenting and expressing strong opinions.
Forex trading is WORTHLESS to Americans! You can't get anything except for maybe ones like Oanda,
ALL prop firms are TOAST for Americans and all OFF-SHORE BROKERS.
It's been this way the entire year and even before then, that's why I'm rarely on here!
If you still want to trade forex in America, the only broker-dealer that I trust is a new kid on the block with a highly generic name--Trading.com. In America, Forex.com sucks, Oanda sucks, IG sucks, and Charles Schwab which acquired TD Ameritrade sucks. Trading.com in the UK is just another CFD dealer, but not in America. Trading.com (US) has only CFTC/NFA/FINRA mandated limits--1:50 max leverage, and FIFO (netting/no hedging). They have no crony "liquidity providers" to trade against me in-house. All trades are forwarded to the interbank market and offset by other retail trades and their own interbank hedges if necessary. They are highly transparent to the extent they would probably tell you what color underwear they're wearing if you ask. It's the only American forex broker-dealer that hasn't shit on me for being profitable. MT5 is fully supported without hacks. If you're totally jaded out of forex trading in America, please feel free to disregard this post.

Statistics: Posted by JohnnyRy — Mon May 20, 2024 11:01 am — Replies 52 — Views 4991


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2024-05-20T10:49:46+10:00 2024-05-20T10:49:46+10:00 https://forex-station.com/post1295541984.html#p1295541984 <![CDATA[Site Updates, Suggestions & Issues • Way to rate an indicator]]>
Waddah Attar Explosion - Median Line Trend Display

This is mod of WAE. I saw this version on TV platform.
Is different display of WAE, logic is same.....
Possibly use for bands, ATR bands and if you want use signals logic, add smoothing to WAE.

Statistics: Posted by WOLF — Mon May 20, 2024 10:49 am — Replies 2 — Views 111


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2024-05-20T09:51:27+10:00 2024-05-20T09:51:27+10:00 https://forex-station.com/post1295541983.html#p1295541983 <![CDATA[Trader's Lounge • Best of Don The Con]]>

iframe

Statistics: Posted by JohnnyRy — Mon May 20, 2024 9:51 am — Replies 222 — Views 8737


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2024-05-20T09:50:11+10:00 2024-05-20T09:50:11+10:00 https://forex-station.com/post1295541982.html#p1295541982 <![CDATA[Trader's Lounge • Traders joking (Memes, Jokes & anything funny to pass time between trades)]]> iframe

Statistics: Posted by Banzai — Mon May 20, 2024 9:50 am — Replies 3299 — Views 375486


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2024-05-20T08:22:20+10:00 2024-05-20T08:22:20+10:00 https://forex-station.com/post1295541980.html#p1295541980 <![CDATA[Coding Help • Coding Help]]>
tankk is the one who coded this and has non repaint versions available
they suck though60Sec [EMA,RSI,BRBL,BB] rePaint.mq4Downloaded 3 times 18.72 KiB
60Sec [EMA,RSI,BRBL,BB] noRePaint.mq4Downloaded 10 times 18.76 KiB

Statistics: Posted by WOLF — Mon May 20, 2024 8:22 am — Replies 1577 — Views 306011


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2024-05-20T07:57:29+10:00 2024-05-20T07:57:29+10:00 https://forex-station.com/post1295541977.html#p1295541977 <![CDATA[MT4 Indicators • Something interesting please post here (Metatrader)]]>
Again, the screenshot is a demo test. Actual live swaps on the Guppy (GBPJPY) are great for longs and nasty for shorts. If you catch a good run, the short swap can be beat. Spread is generally a bit high because Guppy volatility is stellar.

The Support_and_Resistance indicator is really just fractals extended forward until a new fractal of the same direction prints. Veteran forex warhorses will likely recognize it as "support_and_resitance_Barry" for MT4.

At least anecdotally/visually, the winners look like they will far outrun the losers.

By the way, this is not an intraday strategy. Current H4 ATR of the Guppy is likely about 76 pips or so, and these are 89 pip bricks so...

GBPJPY_T_b89M1.png

Statistics: Posted by JohnnyRy — Mon May 20, 2024 7:57 am — Replies 3886 — Views 1130266


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2024-05-20T07:12:07+10:00 2024-05-20T07:12:07+10:00 https://forex-station.com/post1295541976.html#p1295541976 <![CDATA[Trader's Lounge • Any interesting movies to watch or stream online?]]> iframe


now in theaters, 2024. 25th anniversary.

Statistics: Posted by Banzai — Mon May 20, 2024 7:12 am — Replies 328 — Views 33432


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2024-05-20T06:56:36+10:00 2024-05-20T06:56:36+10:00 https://forex-station.com/post1295541975.html#p1295541975 <![CDATA[MT4 Indicators • Ichimoku Indicators for MT4]]>
Shift and pre-smoothing added.
mrtools

thank you

Statistics: Posted by alimpe2000 — Mon May 20, 2024 6:56 am — Replies 522 — Views 241803


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2024-05-20T06:07:14+10:00 2024-05-20T06:07:14+10:00 https://forex-station.com/post1295541973.html#p1295541973 <![CDATA[MT4 Indicators • MT4 Coding Examples]]> New Feature: unique ids for multiple indicator usage on same chart

Previous version: pipsometer_5_decimal

New Version: pipsometer 5 decimal

Date Coded: 15/05/2024pipsometer_5_decimal.mq4Downloaded 1 time 11.61 KiB
pipsometer 5 decimal.mq4Downloaded 6 times 14.61 KiB

Statistics: Posted by chris006 — Mon May 20, 2024 6:07 am — Replies 36 — Views 2924


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2024-05-20T05:59:58+10:00 2024-05-20T05:59:58+10:00 https://forex-station.com/post1295541972.html#p1295541972 <![CDATA[MT5 Indicators • MT5 Expert advisors]]>

Statistics: Posted by JohnnyRy — Mon May 20, 2024 5:59 am — Replies 6 — Views 853


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2024-05-20T05:44:44+10:00 2024-05-20T05:44:44+10:00 https://forex-station.com/post1295541969.html#p1295541969 <![CDATA[MT4 Indicators • Volume Indicators for MT4]]> which is insane
needs adjustments per timeframe but well worth it
Capture.PNG

Statistics: Posted by WOLF — Mon May 20, 2024 5:44 am — Replies 861 — Views 430312


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2024-05-20T05:42:15+10:00 2024-05-20T05:42:15+10:00 https://forex-station.com/post1295541968.html#p1295541968 <![CDATA[Trading Systems • XARD - Simple Trend Following Trading System]]>
This section explains how I use stops in my trading strategy.

**Setting Stops:**

First, download the enclosed stop script and copy it to the **scripts** folder, then restart MT4. You can set the stop by left-clicking it, holding, and dragging it to the desired level. If you need to change the stop, simply drag another one onto the screen and drop it at the new stop level; it will auto-update.

**Trade Entry:**

I enter a trade when the price crosses the MA lines, the candle changes color, and it's moving in the direction of the current Arrow dot.

**Using Stops:**

When I make a trade, I use two types of stops:

1. **Physical Stop:**
- This is an actual stop order placed at the current Arrow Dot.
- It serves as a fail-safe in case of sudden market movements due to news spikes or if the market moves against me while I'm not paying attention.

2. **Virtual Stop:**
- Set closer to the entry point, typically just above/below at the crossing of EMAs 13 and 55, this is where the RSI often crosses the mid-level area, indicating a likely movement. Hence, I do not use an RSI anymore but I use the 13/55 EMA instead.
- This represents a mental stop where I monitor the situation closely.

**Execution:**

In real market conditions, situations can change rapidly. If the price reverts back over the EMA lines, I rely on my intuition. If my gut tells me to exit, I do so immediately, well before hitting my virtual stop. I don't second-guess my instincts; I act upon them and move on.

If I decide to stay in and my virtual stop is hit, I close the trade without hesitation and wait for the next opportunity to set up.
Xard777

PS I have included the Take Profit TP script as well, again just drag and drop onto the level on the chart where the TP should be and repeat to update._TP Mouse.ex4Downloaded 25 times 3.84 KiB
_SL Mouse.ex4Downloaded 28 times 8.41 KiB

Statistics: Posted by xard777 — Mon May 20, 2024 5:42 am — Replies 15252 — Views 3821749


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2024-05-20T05:14:08+10:00 2024-05-20T05:14:08+10:00 https://forex-station.com/post1295541964.html#p1295541964 <![CDATA[MT4 Indicators • Various (Specialist) indicators for MT4]]>
hey mrtools and kvak
can you enable a setting to plot lines instead of histogram... so if histogram type is draw lines it will draw all 3 ema lines
thanks
Try.! Madrid trend squeeze - avgs.ex4Downloaded 18 times 321.07 KiB
EURUSDH1.png

Statistics: Posted by mrtools — Mon May 20, 2024 5:14 am — Replies 1273 — Views 514005


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2024-05-20T04:58:22+10:00 2024-05-20T04:58:22+10:00 https://forex-station.com/post1295541963.html#p1295541963 <![CDATA[Trader's Lounge • News]]>
iframe

Statistics: Posted by WOLF — Mon May 20, 2024 4:58 am — Replies 700 — Views 61366


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2024-05-20T04:10:47+10:00 2024-05-20T04:10:47+10:00 https://forex-station.com/post1295541959.html#p1295541959 <![CDATA[MT4 Indicators • Supertrend indicators for MT4]]>
Super trend mod as request from HERE
May i request vhf adaptation for this? The atr doesnt seem to find the right thresholds before turning and ends up with some pretty awful signals, just because the nature of supertrend
Vertical Horizontal Filter

A little explanation about VHF [ Vertical Horizontal Filter ] - it will make the an indicator's Signal more accurate.

Vertical Horizontal Filter [VHF] does not, itself, generate trading signals, but determines whether signals are taken from trend or momentum indicators.
  • Rising values indicate a Trend.
  • Falling values indicate a ranging market.
  • High values precede the end of a trend.
  • Low values precede a trend start.[/
VHF.mq4Downloaded 14 times 1.98 KiB

Statistics: Posted by WOLF — Mon May 20, 2024 4:10 am — Replies 440 — Views 215996


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