Topics created by ZakTrading

You're welcome.

I will put my 2 cents in because I think about this stuff a lot and build my EA's with this stuff in mind. I will mainly address the insider information part and technical vs fundamental. Sure there are people utilizing insider information an making profit but to say that it's what you need to be successful, I think that's an excuse for coming up short. You can't believe that while at the same time champion fundamentals. If there is insider information that is based on fundamentals, it's more likely that information was exchanged weeks if not months beforehand. By the time you read any reports which is a known fact that they are delayed, is the information really all that useful enough to put on a position and if you decide to, what technical basis are you using? I personally don't use fundamentals because I'm mentally slow when I see all that jargon and I'm skeptical of any public process, technique, report, or indicator that says '' Hey, X currency is looking bullish/bearish'' and from that moment the masses can put on a trade and all become Bill Gates afterwards. That's my issue with fundamentals and there are levels to how effective fundamentals are and people discuss them as if every fundamental event is huge. Same with technicals. ''I trade support and resistance'' or '' I use Fibonacci'' or '' I'm a breakout trader '' Okay. How often does it work? Do you have an edge that identifies a high likelihood that it's about to work or are you in the market everyday taking every bounce, retracement, or breakout? With all that being said, fundamentals and technicals both have a place, they just don't work all the time and if they do the question becomes how big of a move did it allow and how far did it go against before progressing. There needs to be an edge to complement them in order to be successful. As far as brokers, I'm just not a fan of ones that have rules that don't fit how I trade and they lay it out up front so I avoid them. I don't know if they manipulate price or how and I don't care. Whether they do or not, I went in with the belief that they aren't our friends. There are no friends in a sea of trillions transactions a day.

@OntradingX very insightful reply. 👏

@RGoo i agree we can edit, but we cannot delete an actual post. try it. i did that on mistake. im not a fan of disorder

@roar Thanks a bunch @roar ! you are the best

@roar yeah, it was a quiet the educational experience.

@faisalfiaz2002 😁

To change the base value you need to add the same variable to where you have +3, then add the +3 to the adjust field.

I agree, trying to do that on your own would be an endless headache. You should find a custom indicator you are happy with and then import it into your fxDreema account.

thats the wrong EA that i was testing, my bad.. please delete post @fxDreema

i got tired 🥱 its sunday, silly mistake from my part

Those price constants are determined by mql5 themselves: https://www.mql5.com/en/docs/constants/indicatorconstants/prices

"Average" might not be the optimal term there, but the calculation is correct nevertheless

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@l-andorrà thanks, i will keep that in mind but can you please expand on that?

@jstap thanks for letting me know. i thought this is just something i shouldnt mess with.

@roar Well, i guess we have to rely on brokers to provide MT4 now. Thanks a bunch, wouldnt have spent less time on this issue if it weren't for you. I appreciate your input.

@roar That sucks !
Now atleast i know what to expect, thanks for the reply.