Thursday, September 27, 2012

Round Numbers 00 Levels

I was reading on the round number support and resistance levels. When price reaches the 00 levels, it either break of reverse.

How does it compare to my DSR5 then?

Let the picture do the talking.



Wednesday, September 19, 2012

My First Product In MQL5.com

I just released my first product in MQL5.com, Average Hourly Range.

Basically it is a script that will return the average hourly range of the currency pair that you run the script on.


With this piece of statistics, you can:
  • clearly identify the volatile and low volatile period
  • greatly enhance your trading system TP and SL levels

How does this compare to ATR
  • ATR calculates its values based on the previous bars and it lags.
  • AHR calculates its values based on the history hours.

Visit this link http://mql5.com/9ga to see pictures

Friday, September 14, 2012

Weekend Daily SR Levels

Miss the buy entry by a few pips at level 79.588

Here goes the chart


Friday, September 7, 2012

This Blog Is Not Dead!

As the title mention.

In order to participate in ATC 2012, I've been focusing learning to code in MQL5 and finally wrote my participating EA.

Check out my result for the submission.


The verification of your Expert Advisor is complete. Expert Advisor checking report:
2012.09.04 19:17

1. Copy
experts\template.ex5 ok

2. Compile

3. Configuration
template on EURUSD:M5 every tick 2012.01.01-2012.08.01


4. Start
finished in 1 min 33 sec


5. Statistics
330 kb of log files
114 trades, 276 deals, profit 191207.96 USD

No errors!

Technical Support
Automated Trading Championship 2012

Wish me good luck!