Hanover replies to PMs - Page 3
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Thread: Hanover replies to PMs

  1. #21
    Quote Originally Posted by ;
    Hi Hanover

    I'd like a small favour to ask from you. I connected an ATR projection indior and could enjoy an alert for this. I would like it to provide me an alert ONLY when Price action rolls the purple line. Thats the lineup that is only im interested in.
    I'd really love that.

    Regards
    X
    Hi,

    Sorry, but I only just noticed your article today. No programmer can modify an .ex4 file, you'd need to provide the .mq4 file. I created a thread to get do-it-yourself alarms here. If you can't get that to work you may try posting your own indiors for threads.

    David

  2. #22
    Quote Originally Posted by ;
    : in the event you do not have exactly the mq4
    : in the event you're willing

    I confirmed this mq4 exactly the like ex4 posted by

    Cheers
    Modifying decompiled code is dishonest IMO. It seems that I am not alone.

    Inserted Code /* Generated by EX4-TO-MQ4 decompiler V4.0.224.1 #91;#93; Website: http://purebeam.biz E-mail : [email protected] */ #property copyright Copyright ? 2009, Discover Forex Live #property connection http://www.LearnForexLive.com #property indior_chart_window int g_period_76 = 7; double gd_80 = 70.0; double gd_88 = 50.0; extern colour Level1 = Magenta; extern colour Level2 = DarkGray; extern colour Level3 = LightGray; int gi_108 = 0; int g_width_112 = 1; bool gi_unused_116 = FALSE; bool gi_unused_120 = FALSE;

  3. #23
    Oops, I'm totally sorry - I didn't check the code only the output signal.... I never knowingly use or article decompiled code

    Apologies - article eliminated

    Mop

  4. #24
    Quote Originally Posted by ;
    oops, I'm totally sorry - I didn't check the code just the output signal.... I never intentionally use or post decompiled code

    Apologies - post removed

    Mop
    No problem. All I was saying is that I wouldn't feel comfortable modifying it.

    Ethics aside, decompiled code can be hard to comprehend, as each one the information names are useless, and some other notes in the initial programmer are lost.

  5. #25
    Which pair is leading when impulse occurs (not economic news): EURUSD, GBPUSD, USDJPY or USDCHF?

  6. #26
    Quote Originally Posted by ;
    Which pair is leading when impulse occurs (not economic news): EURUSD, GBPUSD, USDJPY or even USDCHF?
    I really don't believe any one pair leads a different pair, as far as I understand. EURUSD has the entire highest volume of orders therefore I suppose it'd have the highest likelihood of getting any order(s) executed? But anyhow, all this happens within microseconds, and the interbank market is away from the range of the retail trader. In the retail level it may depend on your own br0ker, in terms of which customer's orders get priority execution.

  7. #27
    Hello, I have a query.

    I'm a beginner in trading with Forex and also have problem with understanding ”relationship” betwen Leverage and ”Cease loss pips”.
    I understand margin, leverage, pips, units and other things.

    My problem is this:
    So let's state pair EUR/USD = 1
    If we've got Micro lot = 0.01 = 1000 components
    So 1 pip = 0.10?

    Should I wanna buy:
    - 1000 units leverage 1:50 = 20? Margin
    - Cease loss = 50 pip = 5?
    - 1000 units leverage 1:200 = 5? Margin
    - Cease loss = 50 pip = 5?

    If I have exactly the identical number of components and direfent leverage (1:50 -- 1:200) is Stop reduction (50 pips) on the same stage on chart and shut both on -5? . The difference is simply in margin I would like?

    The only threat is if I buy for 20? Margin on leverage 1:200, subsequently is pip 0,4? And Stop loss (50 pips) = 20? .

    Am I correct?

    Thanks for the answer and have a Great day.

  8. #28
    Quote Originally Posted by ;
    Hello, I've a query....
    Many new traders confuse risk (stoploss) and leverage. They operate independently of each other.

    Risk is determined by your stoploss, and the amount of lots. Should you buy 0.01 lots having a stoploss of 50 pips then your risk will be 0.0050 x (100,000 x 0.01) = 5 euros, regardless of what the leverage is. If price reaches your stop loss, then you'll lose 5 euros, regardless of the leverage.

    Leverage merely determines how much margin (cash) you have to have in your account in order to open the trade. In calculating at the margin requirement, the stoploss is immaterial. The formula for calculating the margin requirement can be seen https://www.oanda.com/forex-trading/...gin-calculator. Hence in your example, if the leverage is 50:1, your account is denominated in euros, and you're trading EURUSD, then the margin needed is 1/1 x (100,000 x .01) / 50 = 20 euros. If you have less than 20 euros in your account, your br0ker won't allow you to open the trade, regardless of your stop loss. In the event the leverage is 200:1, then the margin needed is 1/1 x (100,000 x .01) / 200 = 5 euros, i.e. you require just 5 euros in your account to open the trade.

    If price moves against you, and you don't have enough money in your account, then you can obtain a 'margin call' (along with also a closeout of your account) before price reaches your stop loss. Https://oanda.secure.force.com/Answe...language=en_US is Oanda's formula for https://www.oanda.com/forex-trading/...all-calculator the price that would cause a margin call. This can vary from br0ker into br0ker.

  9. #29
    Quote Originally Posted by ;
    If I buy 0.01 lot, then will Stop loss near leverage 1:50 and 1:200 in precisely the same price with -5? . It will close 1:200 faster than It? Its just margin used? Thanks for the response and have a nice day.
    Yes, that's accurate.

    The sole exception is if you get a margin call before price reaches your stoploss, as you don't have sufficient money on your account.

  10. #30
    Thanks now I know.

    Have a Wonderful day.

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