Jonln wrote: Thu Sep 08, 2022 4:35 am In the end it went up

josi wrote: Thu Sep 08, 2022 3:21 pm a) divergence was up
b) W-formation (was forming)
c) vertical lines: daily open indie (actually price came up, tested daily pivot was rejected, came up again, and whoosh)
d) TL (everything you want to know about them: read Meyney`s+RplusT`s posts)

Jonln wrote: Thu Sep 08, 2022 4:09 pm So that's a short formed W, Second dot, Pullback with a trendline break sort of trade, I learn something new every day thanks to this forum.

josi wrote: Thu Sep 08, 2022 4:15 pm In the long run - I think - you will learn to do without the repainters (as they often keep you out of trades).
If you look at the TL: that wasn't really a breakout-trade but a retest of support.
If you look at PP: you can see the test.

TEAMTRADER wrote: Thu Sep 08, 2022 8:35 pm This indicator is an excellent MLaden Elliot NRP oscillator - but 'recalulates' the last signal. Not as bad as repainting but obviously backtesting it is a waste of time as it ALWAYS shows perfection. It will always show the previous top or bottom via the BLACK histogram.
HOWEVER it is a fabulous EXIT WARNING during sideways movements.
To make this a foolproof indicator could the last signal (the black histo) NOT be recalculated and allow these black histos to remain and repeat until the next opposite signal?
The huge benefit of this will be it will show areas of fast and furious price movement as well as the accurate control of exits in sideways moving markets - a double benefit.
I hope this amendment is a quick and simple change.
Thanks
TEAMTRADER

honje19960321 wrote: Thu Sep 08, 2022 5:59 am EA "ManualBacktest_v4_beta5" for trading practice


It is a tool (EA) for practicing discretionary trading using the backtest function of MT4.

If you install ManualBacktest_v4_beta5 on MT4 and run it as an EA in the strategy tester, trade operation buttons will appear as shown in the chart above.

And by clicking the operation button, you will be able to practice trading by making virtual trades with past movements.

Not only can you buy and sell, but you can also place orders such as limit, stop, and trailing stop, so you can practice in a very realistic way.

You can practice trading for free, so if you haven't won yet, it is efficient to use these tools to improve your trading skills.

Note
Please put the place to put in MT4 in the MQL4 ⇒ Experts folder.