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Thread: COT, anybody experienced with COT data??

  1. #1
    Junior Member matias's Avatar
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    Question COT, anybody experienced with COT data??

    COT, Commitment of Traders: I would love to here from anybody out there with some experience with this COT DATA used within MT4? Read all i could about it here https://www.shatterfield.com/index.php. Thought it would be a great indicator for long term trend to integrate into some strategy? Oh, yes, i am a beginner.
    Regards, Matias

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    Administrator funyoo's Avatar
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    Quote Originally Posted by matias View Post
    COT, Commitment of Traders: I would love to here from anybody out there with some experience with this COT DATA used within MT4? Read all i could about it here https://www.shatterfield.com/index.php. Thought it would be a great indicator for long term trend to integrate into some strategy? Oh, yes, i am a beginner.
    Regards, Matias
    Hi matias,

    I have tried to trade according to the COT values in the past, but it didn't work well, the problem is that the data are too old (one week old).

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    Junior Member matias's Avatar
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    Thank you funyo! In the meantime i found out that bill williams' alligators where doing a very similar job, just better. on another note: boy MQL programming is rough after the sweet (but limited and expensive ) metastock!.
    cheers
    matias

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beginner, index, indicator, long term, mql, mt4, programming, strategy, thank you, time, trend

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