Thanks for these oldies gfg1
CC closed over
a) Price goes back to the point where it closed over.
b) Price didn't go back and keeps going.
c) Price went back to the point where the price closed over before (a) and goes furthermore to close over (reversal).
Of course it's not the best explanation but It's how I see it.
Blind Mouse Strategy
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NP. The 3 bar CC is genius. Thanks to MO and bredin for all of their efforts.
jarnapal wrote:Thanks for these oldies gfg1
CC closed over
a) It goes back to the point where it closed over.
b) it didn't go back and keeps going
c) It went back to the point where it closed over and went further to close over.
Position Manager
Found a toy. Here are the notes.
MetaTrader 4 doesn't consolidate multiple positions, so I found an indicator to do this a while ago. Thought I'd share it now.You might find it useful, especially if you employ scale-in/scale-out or pyramid techniques, or run multiple strategies in parallel in the same account and want to keep an eye on your total exposure.
Over toward the top-left corner there's a line of text showing information about consolidated long and short positions:
1. Average price
2. Total position size
3. Open profit/loss for the total position
4. Profit/loss if all stops are hit - this is your maximum account exposure, how much you actually have at risk
You must set stop losses on all the positions if you want to see an exposure/risk value that makes sense.
MetaTrader 4 doesn't consolidate multiple positions, so I found an indicator to do this a while ago. Thought I'd share it now.You might find it useful, especially if you employ scale-in/scale-out or pyramid techniques, or run multiple strategies in parallel in the same account and want to keep an eye on your total exposure.
Over toward the top-left corner there's a line of text showing information about consolidated long and short positions:
1. Average price
2. Total position size
3. Open profit/loss for the total position
4. Profit/loss if all stops are hit - this is your maximum account exposure, how much you actually have at risk
You must set stop losses on all the positions if you want to see an exposure/risk value that makes sense.
- Attachments
-
- ConPos.mq4
- (3.74 KiB) Downloaded 248 times
"The simplicity of the markets is it's greatest disguise"
T
T
Hello all !!
I made a guide this weekend for all the people that has
problems with the Money Management part and how to
Add the Lots and i did a example in the last page is a little
exaggerated but i hope it helps
And thanks MO for all
P.S. Sorry guys/gals for the english
I made a guide this weekend for all the people that has
problems with the Money Management part and how to
Add the Lots and i did a example in the last page is a little
exaggerated but i hope it helps
And thanks MO for all
P.S. Sorry guys/gals for the english
- Attachments
-
- Blind Mouse Strategy MM.pdf
- (170.41 KiB) Downloaded 541 times
Last edited by vane on Mon Oct 11, 2010 11:04 am, edited 2 times in total.
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- pablo101
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vane wrote:Hello all !!
I made a guide this weekend for all the people that has
problems with the Money Management part and how to
Add the Lots and i did a example in the last page is a little
exaggerated but i hope it helps
And thanks MO for all
P.S. Sorry guys/gals for the english
Good stuff! thanks for sharing Vane
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Thank you for your support.
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