Recent content by YourFriend0

So much more freedom and availability of tools (including developer services) for MT4 than MT5.

yes this is very interesting news.

i don't like those indicators (including MACD) at all. There is never any reliable proof that price Will go in the near future towards the same way as indicators are showing. They are just based on historical price movement. Nothing proves near future Will be the same as history. Here is where i...

i never used any signals. Just don't trust them.

doesn't necessary mean High Impact events on EC only but also middle impact. There where countless of events that caused at least same if not even bigger trend movement than high impact.

i am trying my best with movements from major (only major!) R, S zones but often i fail also and need to wait weeks, usually even months for position being all the time in loss to come at least to zero. A lot of time is wasted and end up not earning anything. So better idea may be to use...

i meant limitations like Spread, Swap fees, bank wire transaction limitations, etc. But for some inquiries, skills are obviously already needed.

interesting article but would add some more: topics related to broker and their limitations.

not a big fan of those listed patterns but i like double top and double bottom.

Also retracement waves are never guaranteed.

As Wave, are you referring to Elliot Waves tool? MT4 doesn't include it, at least not by default... I tried some manual Elliot Waves using ZigZag but i never got any worth mentioning results. E.g. third wave bigger than first.

those patterns are not reliable for my opinion.

If i check ATR then i ignore curve and use only the most important number at the top left corner of ATR tool area but i am still nor sure what are the min/max values of such number that i should care about?

or am i wrong about this?

i believe if indicator is Nonrepainting then this doesn't yet prove its quality.