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MetaTrader 4
MQ4 Code Works
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[QUOTE="hayseed, post: 212619, member: 5898"] been scratching around thru old laptops and usb storage devices for the diamonds indicator...... something i coded long ago.... found this....lol.......... pennies and print pennies..... i'm such a big spender..... someone might have fun with it...... i did.... you probably know the [URL='https://en.wikipedia.org/wiki/Wheat_and_chessboard_problem']story of wheat and the chessboard[/URL]..... it has to do with exponential growth....... and it's realistic limitations..... instead of wheat i used pennies, which are more forex trading related..... [I] [B]demo[/B] forex trading related[/I]..... the basic idea is to make 1 penny on your first trade, followed by 2 pennies on the second, 4 pennies on the third and so on till you cover all 64 squares on the chessboard...... yeah sounds easy..... obviously it's ok to combine multiple trades/days/squares into 1..... no point in trying for 4 pennies...... 20.48 would cover the first 10 days/trades/squares...... the pennies script only prints out on the chart some rough metrics showing possible lot sizes , pips required and margin required for that trade..... the days input will let you know what you will need to make per trade in that may days...... it will require 50 standard lots before 30 days..... the print pennies script has a squares input, related to the squares on the chessboard...... can be thought of as days or trades...... it prints the values per trade in the journal...... the nzdcad trade below is about 204$ at it's profit target and should cover quite a few days/trades/squares..... sounds good, till you realize the next trade must be at least 327.68 ...... each day/trade/square the $ amount required doubles...... i'll try to run it to better explain...... h //----- [ATTACH type="full"]22528[/ATTACH] //----- [IMG]https://charts.mql5.com/33/738/nzdcad-d1-oanda-division1.png[/IMG] //----- [IMG]https://charts.mql5.com/33/738/audcad-d1-oanda-division1-eurusd.png[/IMG] [/QUOTE]
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