December 31, 2011
By: ScriptLance Featured Projects
Category: Expert Advisor, Metatrader, MT4
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FX Rogue Wave Expert Advisor (An MT4 Forex breakout strategy)
Written by IBtheScottyB
The concept of trading Forex to me is similar to surfing at the beach. The object of the exercise is to catch a wave and ride it as long as you can. If you start paddling on EVERY wave, you will exhaust yourself. In Forex, you will exhaust your capital. You can no more guess what the price is going to do in Forex, than you can guess how big the wave is going to catch.
Therefore, we will take the only certa...
October 26, 2011
By: ScriptLance Featured Projects
Category: Custom, Indicator, Metatrader, Metatrader Custom Indicator
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I want to create an uptick/downtick indicator the result of which will be displayed at the bottom of the chart much like the current momentum indicator. I should be able to set the number of ticks to use. For example the last 100 ticks. And if during those 100 ticks 80 were upticks and 20 were downticks then the ratio on the chart would be +4 (4:1). "0" would indicate upticks and downticks are neutral.No change ticks would not be used only upticks or downticks. As each new tick comes in ...
