Archive for February, 2010
The 2011 defense budget
The 2011 defense budget has been released. With a small increase over 2010′s budget at $708 billion. The cost of the wars in Iraq and Iraq forecast at $159bn The biggest winners are the military contractors. Here they are in order. Lockhead Martin $31.3bn Boeing $20.9bn Northrop Grumman $16.1bn General Dynamics $15.9bn Raytheon $15bn United.
What is the forecast gross government debt in 2010?
As a % of GDP here are the leaders: Greece: 124.9 Italy: 116.7 Begium: 101.2 Portugal: 84.6 Eurozone Average: 84 Ireland: 82.9 France: 82.5 UK: 80.3 Hungary:.
Whittaker Volatility Breakout Indicator
I wanted to share with everyone an indicator that I programmed and I find very useful. It is called the Whittaker Volatility Breakout Indicator or WVBI. The purpose of this indicator is to represent the range of a bar in percentage terms rather than in points. I think the flaw of most traders or programmers.
Here comes the United States dollar
The United States dollar has it all time highs against the Euro. People are fleeing European countries that are in serious trouble Portugal, Italy, Ireland, Germany, and Spain or PIIGS. They are also selling off equities like gold and oil. This all has forced the dollar to an eight month high against the Euro and.
What are the top 10 global banks by total assets
With all the outrage over banks lately I decided to write a quick summary of the largest banks in the world. This is to help people put in perspective how large certains banks actually are. All of these figures are based on the revenue of the bank. Rank Bank Country Ticker Assets (in US$Mil.).
New HUD announcement: Short sell your house and buy a another
The department of housing and urban development(HUD) has a new FHA program. You can now short sell your house and qualify to purchase another one. You no longer have to wait 3 years. There are however qualifications for this program. 1. Get approved from a mortgage company before selling your house. 2. Your credit score.
MT4 strategy opens a new position as soon as an old one is closed
One of the most common mistakes when people start programming automated trading strategies is they do not consider all of the different phases your strategy will be in. For instance, I recently had a friend show me their strategy that was opening a new position as soon as the old one was closed. It didn’t matter.
A function to determine why an order cannot be opened
Here is an example of a function which will display the actual error for why you cannot open a trade in MetaTrader. This is more descriptive then what you get by default. OrderSend(Symbol(),OP_SELL,LOT,Bid,2,SL,TP,”",-1,3); //First you want to send an order if it fails error will = -1 so the code below will kick in if (error==-1).
How to only allow one trade per bar in MetaTrader
When trading in MetaTrader you may find times when you only want to allow one trade to take place per bar. This can be accomplished with the code below. datetime Time0 = 0; //Create a global variable Time0 void start() //This is your start function { if (Time0 != Time[0]) //If the Time0 variable we created.

