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Looks like corrupt data from the broker history. That's not uncommon when you start going back past 2007-ish

You can try here mate... <a class="postlink" href="http://www.forexfactory.com/showthread.php?p=2915074" onclick="window.open(this.href);return false;">http://www.forexfactory.com/showthread.php?p=2915074</a>

Yes its the right time... I use Alpari UK for all the commentary on the site here at the moment.

Yes. A combination of your stop loss spread and lot sizing will determine how much you've risked on the trade.

Nice catch Joffie, Well done! I love breakout trap & reverse trades.

Hi Anthony, Open your MT4, click file->open data folder Then navigate to experts->indicators. Drop the tool in here and see if it pops up. The newer versions of MT4 changed where they read indicators from. Let me know how you go.

I've written a guide to setting up the fib tool as a risk/reward tool in the risk reward chapter of the Price Action Protocol. Here is a link to the chapter... <a class="postlink" href="http://warroom.theforexguy.com/priceactionprotocol/index.php?chapter=risk-reward-ratios"...

It is an old indicator and probably needs updating. Sometimes it does what you described, I just flick from one time frame and click back to the daily and it fixes the issue. There will be plenty of other inside bar indicators out there if it's not working for you.

Some brokers offer indices, commodities and even sometimes stocks. Price action will work with any high liquidity market. Currencies are the most liquid markets in the world, so the answer to your question is yes it will work but currencies are best suited for price action trading.

You can do it with one order, you have to go to close the order but modify how many lots you would like to close off. If you had a 2 lot trade open, you could close 1 lot off and still leave the other lot open and active. Not many people know about this one.

Thanks for sharing with us, nice trade on oil there. Good work!

Thanks for sharing your story priceaction001, I see this all the time over the interne. These scammers will generally have a very short life span in the industry as they quickly get named and shamed.

If you ever get this error message, just clear your browser cache it will generally fix the problem

I know different currencies will behave differently because of the different economies and their active hours.

Vasude is right, you need to switch to New York close candles to avoid a distorted data feed. Brokers like Alpari UK and FXDD are good choices.

This looks good Lasse and ultimately this would be part of your trading plan. You should print the core rules out and pin them up somewhere around your trading desk so they are in your face everyday.

did you select the indicator from the custom indicators menu?

Well give me more information so I can help you. How did you install it? What build of MT4 do you have?

The one attached to this thread is the one that I use. You can change the color of the line inside the indicator properties.

Here is the indicator I use to mark the inside days on my chart. It needs to go inside your indicators folder of your metatrader directory. Most of the time that's /experts/indicators/ but with a recent update of mt4 it made need to go into /mq4/indicators/ folder. After you put the file in...