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  1. fredrik

    Drawdown indicator for MT5

    I really need a line current drawdown indicator for MT5 that can be used for prop trading. Can't find anyone anywhere. FTMO has a strict max 5% daily drawdown, go over that and your account is gone. The indicator should also work in the backtester.
  2. fredrik

    A topological approach to weighty market levels

    The boundaries i.e high-low are not fixed but time-dependent, so that method has little value.
  3. fredrik

    Technicals and Fundamentals simply don't work that well

    Pity that such indicators cannot be backtested so they're only valid for manual and not algotrading and therefore not very interesting.
  4. fredrik

    Forex News Trading Strategy Step by Step Guide

    Haha, in the freezer. What I'd suggest is a simple hedge with trailing stops and cancellation of the opposite order. The best is of course automatic trade a few minutes before the red events in the forexfactory calendar.
  5. fredrik

    The major reason why suicide traders don’t use stop loss

    The way to avoid all this drama is algotrading, may the best algo win :)
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