Jump to content

Caseynotes

Community Member
  • Posts

    13,207
  • Joined

  • Last visited

  • Days Won

    556

Posts posted by Caseynotes

  1. MT4 Indicator Not Working Fix
    There have been many thousands of custom indicators written for MT4 most of which are available for free download scattered over the web, on rare occasions you will load an indicator and it will freeze the platform (see here https://community.ig.com/forums/topic/6198-mt4-not-responding/) or sometimes not appear or sometimes only appear partially.

    Possible reasons for this include incompatibility, the current MT4 update is something like 1090 and some indicators written for earlier versions will not work on later versions. Also check the indicators Input settings list that arrows, lines etc are switched to True not False. There may be a missing .dll file in mt4's library needed for the custom indicator, check the dependency tab in the indicator pop up box.

    If you have the source code (the .mq4 file) you can try the re-compile fix. Open the MetaEditor, double click Indicators then double click the problem indicator. Choose a number at random, change the number to a different value and press 'Compile' then change the number back and press Compile once more, look to see if the indicator is now working. The EX4. file of an indicator can't be modified and so won't appear in the MetaEditor list.

    image.png.12be71bae8763d9e531731de66bc52ee.png

     

     

  2. 2 hours ago, dmedin said:

    If you have a huge deposit (i.e., you're already quite wealthy) then you can easily make a few hundred pounds a day from trading quite conservatively.  (Only trading on really good setups and taking profits from a few points in your favour.)

    This is an important point,  trading only great setups is essential and the only way to grow a small account but if you are trying to live off a small account you will be chasing everything and that doesn't usually end well.

    • Like 1
  3. 2 hours ago, dmedin said:

    I guess I need to learn what these pivot points are then.

    Pivot points are just a calc based on the previous day's OHLC but more to the point they are just like Fibs and everything else, they only work if the big boys are using them. Over time I've found support and resistance and pivots work more often than anything else and that can only be because more large scale traders are also using them.

    One reason is because they are basic, simple, old and established, handed down mentor to pupil. All indicators 'work' but how well they work will depend on how many traders are actually using them to provide signals that they react to and so leave a price action foot print on the chart.

    • Like 1
  4. The indices took another knock overnight on Trump reasserting his plan to steadily increase tariffs on China while China reiterated their stance to protect their sovereign right to thieve intellectual property and bar the foreign companies from China that they want to copy the business model of eg Amazon. 

    The moves in the markets are very much sentiment driven as US GDP, PMIs and consumer spending are all good while inflation remains low, for now anyway.

    image.thumb.png.0387db10adfdade0f5e0e5b1802f95c1.png

    image.thumb.png.5f41d178d11312895936b61665d1c12e.png

     

  5. The main story of the day was gold and oil, they started out gold down oil up looking good for indices turning risk on but both reversed leaving indices stalled. The strong risk off move on the daily candles (gold up, oil down) also broke through short term support and resistance levels, so not surprising dow was unable to lift through 25214. 

    image.thumb.png.9d39525b06a65ab452fae14a36c5b292.png

  6. No problem, if you are still on mt4 there are some downloadable ones from mql5 web site, I have loads but can't load them onto this new forum platform like on you could on the old one however you don't really need a constantly updating one, a periodic check on a web site is usually fine. My preference is probably the one where each currency has it's own line so then a simple case of matching a high one to a low one.

×
×
  • Create New...
us