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EdFuk

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Everything posted by EdFuk

  1. Yes I'm most certainly on MT4 and did download a Currency strength Indicator but it doesn't seem to work, I just get flat lines for all the major currencies. Any ideas? Also, I have the IG apps in MT4 but can't seem to find the correlation matrix. Any ideas where that is? Many thanks, Ed
  2. That looks very good, I will check it out. Thanks once again.
  3. No I haven’t looked at that but I will. Does that show the relative strength of a currency though? Does anyone know how they calculate the relative strength of currencies?
  4. Hi all, I'm trying to find a good currency strength indicator for MT4. I downloaded the free momentum meter from forexsignals but it only seems to work with BlueBerry Markets. Can anyone suggest a good one to compare the strength of the 8 major currencies against each other? Many thanks, Ed
  5. Thanks all, I tried what you suggested an it sorted the problem out. Many thanks
  6. update.....MT4 did open however it said not responding and I had to force it to close. Any ideas guys and gals? Cheers, Ed
  7. Hi, I've just made a modification to an indicator in MQL4 and then MT4 seemed to crash. I then couldn't restart it. The busy icon was wurring away but then nothing happened. I restarted my computer a few times but still nothing. Then after about 7 mins and whilst I'm typing this it has just popped up. Any ideas what happened there? Is there a lock after a crash? Thanks
  8. Thanks guys. I’ll take a look at the IG sessions.
  9. Hi, thanks for your reply. I’m new to trading altogether and headed for forex after reading recommendations that I read online. Liquidity, volume and the ability to trade 24 hours was appealing, especially seeing as I travel a lot. I’m looking to do this in addition to my full time job but I’m fortunate that I get a lot of time off and opportunity to do other things. I’ve been trying to assimilate all the information I can from online websites and video channels but there seems to be a plethora of info and I’d like some experienced people to point me in the right direction so I don’t end up looking at the wrong material. Effectively sorting the wheat from the chaff. Can you recommend any books to read? Any online sites or video channels. I’ve been doing the tutorials from IG and have found them very useful. I’ve also watched a lot of the videos from forex signals channel on YouTube, again very useful. I’ve be on the case now for a good few months so do have some knowledge and have written my plan and strategies I even got the written down in a fancy PowerPoint presentation. I’m know at the point where I’m tweaking strategies and backtesting but before I proceed I’d like more information. I work in a very risk averse industry and I like plans and risk management is key. I like the idea of using MT4 and EAs to provide me with signals and I actually enjoy the coding side of things. I have a mathematical degree so that kind of geek interests me. Any reading recommendations would be welcomed ATB, Ed
  10. Hi everyone, I’m new to the world of forex trading and over the past few months have been getting my head around some of the jargon and practices within this new but exciting world. I’ve even managed to successfully write some of my own EAs in MT4, which is coming on nicely. Before embarking into the market with real money I’d like to take in as much information as possible to increase my chances of being successful. Can anyone recommend any trading seminars or talks in / around the London area? I don’t mind paying a little bit as long as there is value to be had. Obviously free would be ideal but I’m guessing at the free ones there will be lots of software/broker pushing. Any views or opinions would be gratefully received. Cheers, Ed
  11. Right, that's the same in my program. When you click on Download does it say that there are no new data? If this is the case how are you meant to back test a strategy for any decent period of time? Cheers, Ed
  12. @Caseynotes so when you go to the 5 minute data how far does it go back in time?
  13. OK, but if I click on the MT4 CFD Demo account and try the same thing - double click on 5 minute (loads 2048) then click download it sets off on its merry way and I get 5 minute data back to 2017 ive logged a query with IG and they are looking into it. The chap over the phone wasn’t making much sense to me and I don’t know why the CFD and SB would be different?
  14. Hi Casey, Thanks for the reply again! I'm slowly getting to grips with things. It's very strange. Yes I've tried that. I can only get 5 min data back to 2 Jan 2019.
  15. Hi, I was just wondering if anyone uses MT4 with either a demo or Live IG account? I'm having trouble downloading historical data from either of these accounts. Strangely when I go to a demo CFD account the data downloads no problem at all. Has anyone seen a problem here? If you are using an MT4 spread betting account I'd love to hear from you. If the dat isn't there is there another source of historical data I can use? Cheers, Ed
  16. Just wondering if anyone has seen this behaviour before? Cheers in advance. Ed
  17. Hi and Merry Christmas to all, I have successfully back tested an EA using EURGBP and thought I'd try the EURUSD too, however i get the error......"Tester cannot calculate prices". The EA starts to run then stops suddenly. I thought that it's probably something do with not having enough historical data for the pair so I went to the history centre and tried to download more M5 data. When I press M5 and any other time frame it says there is no more data for the symbol. Any ideas?
  18. Hi Casey, That message is generated by me and I then set the stoploss to the minimum (100) for the instrument. I still get the error when doing this. When I add 20 points to the minimum it seems to work. I'm refreshing the rates before calculating the stoploss prices though, maybe I will change that. Cheers, Ed
  19. Hi everyone, I'm getting this error when trying to send an order in MT4. Any ideas? Cheers, Ed
  20. Got it. I think the key is I need to convert the price to points. Thanks very much for the info. Ed
  21. I have opened an IG spread betting MT4 account and in the information that comes with the account it mentions that the forex prices are scaled on IG and raw or I scaled in MT4. So when trading EURGBP at a price of 0.89 say (the value indicated in MT4) I think I would have to multiply that figure by the contract size which is indicated as 10,000 in the specification. Therefore the calculation would be: lots x price x contract size x margin rate The crux of it is that the actual price is as displayed in MT4, say 0.89401 but in IG they scale it to 8940.1 I’d like to know how to find out how to scale a particular instrument using the information available e.g using a property in the marketinfo function Any ideas? cheers, Ed
  22. I have opened an IG spread betting MT4 account and in the information that comes with the account it mentions that the forex prices are scaled on IG and raw or I scaled in MT4. So when trading EURGBP at a price of 0.89 say (the value indicated in MT4) I think I would have to multiply that figure by the contract size which is indicated as 10,000 in the specification. Therefore the calculation would be: lots x price x contract size x margin rate Any ideas? cheers, Ed
  23. Thanks. I'm trying to make sure I obtain the correct value per pip in the EA. Is there an instrument property that gives me the amount/pip information from the specification?
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