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	<title>Market Oracle Forum | BalrogTrader | Mentions</title>
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				<title>Anti replied to the topic Trading made even simpler &#038; some discussions on currency strength in the forum General Discussions</title>
				<link>http://penguintraders.com/forums/topic/trading-made-even-simpler/#post-11521</link>
				<pubDate>Wed, 10 Feb 2016 12:36:15 -0500</pubDate>

									<content:encoded><![CDATA[<p><a href='http://penguintraders.com/members/balrogtrader/' rel="nofollow ugc">@BalrogTrader</a>: I know what you are talking about. I had extreme problems to identify most reliable patterns in the beginning and am still sceptical when I read some books or view some videos on this topic. However, you can increase your chances following some rules. For instance, I only go short if the next candle after the pattern candles wents&hellip;<span class="activity-read-more" id="activity-read-more-17184"><a href="http://penguintraders.com/forums/topic/trading-made-even-simpler/#post-11521" rel="nofollow ugc">[Read more]</a></span></p>
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				<guid isPermaLink="false">2a7bd3ab9a4ec253f640a185f3d82dc3</guid>
				<title>Anti replied to the topic Trading made even simpler &#038; some discussions on currency strength in the forum General Discussions</title>
				<link>http://penguintraders.com/forums/topic/trading-made-even-simpler/#post-11521</link>
				<pubDate>Wed, 10 Feb 2016 12:36:15 -0500</pubDate>

									<content:encoded><![CDATA[<p><a href='http://penguintraders.com/members/balrogtrader/' rel="nofollow ugc">@BalrogTrader</a>: I know what you are talking about. I had extreme problems to identify most reliable patterns in the beginning and am still sceptical if I read some books of view some videos on this topic. However, you can increase your chances following some rules. For instance, I only go short if the next candle after the pattern candles wents&hellip;<span class="activity-read-more" id="activity-read-more-17170"><a href="http://penguintraders.com/forums/topic/trading-made-even-simpler/#post-11521" rel="nofollow ugc">[Read more]</a></span></p>
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				<guid isPermaLink="false">50b5a427a29b1e3c0d52d30ac2e746b4</guid>
				<title>simplex replied to the topic Master candle expert advisor in the forum Trading Systems - Development</title>
				<link>http://penguintraders.com/forums/topic/master-candle-expert-advisor/#post-8499</link>
				<pubDate>Fri, 16 Oct 2015 16:20:50 -0400</pubDate>

									<content:encoded><![CDATA[<p>Hey guys: did ANYBODY follow that link <a href='http://penguintraders.com/members/xux99/' rel="nofollow ugc">@xux99</a> provided? I repost it: <a href="https://www.forex4noobs.com/forex-blog/forex-tips/adapting-to-current-market-conditions-master-candles/" rel="nofollow ugc">https://www.forex4noobs.com/forex-blog/forex-tips/adapting-to-current-market-conditions-master-candles/</a></p>
<p>Following that link, I found that:</p>
<blockquote><p>&#8230; Looks like you stumbled upon this article looking for information on master candles. I am sorry to say, <strong>master candles do not work&hellip;</strong></p></blockquote>
<p><span class="activity-read-more" id="activity-read-more-13534"><a href="http://penguintraders.com/forums/topic/master-candle-expert-advisor/#post-8499" rel="nofollow ugc">[Read more]</a></span></p>
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				<guid isPermaLink="false">c400681be3020d5f4bb3acbc798eeb48</guid>
				<title>simplex replied to the topic Master candle expert advisor in the forum Trading Systems - Development</title>
				<link>http://penguintraders.com/forums/topic/master-candle-expert-advisor/#post-8499</link>
				<pubDate>Fri, 16 Oct 2015 16:20:50 -0400</pubDate>

									<content:encoded><![CDATA[<p>Hey guys: did ANYBODY follow that link xux provided? I repost it again: <a href="https://www.forex4noobs.com/forex-blog/forex-tips/adapting-to-current-market-conditions-master-candles/" rel="nofollow ugc">https://www.forex4noobs.com/forex-blog/forex-tips/adapting-to-current-market-conditions-master-candles/</a></p>
<p>Following that link, I found that:</p>
<blockquote><p>&#8230; Looks like you stumbled upon this article looking for information on master candles. I am sorry to say, <strong>master candles do not work&hellip;</strong></p></blockquote>
<p><span class="activity-read-more" id="activity-read-more-13533"><a href="http://penguintraders.com/forums/topic/master-candle-expert-advisor/#post-8499" rel="nofollow ugc">[Read more]</a></span></p>
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				<guid isPermaLink="false">72de716adcd5e2efb17dd68c5d4ef62e</guid>
				<title>BalrogTrader replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion</title>
				<link>http://penguintraders.com/forums/topic/a-flexible-and-compact-currency-strength-indicator/page/3/#post-8323</link>
				<pubDate>Sun, 11 Oct 2015 15:46:29 -0400</pubDate>

									<content:encoded><![CDATA[<p>Well, no problem my friend. You were very generous and what you&#8217;ve provided up to now is more then enough.</p>
<p>Maybe I try to generate some time and do it myself -I&#8217;ve written an EA based on ROC of stddev some time ago-.</p>
<p>Anyways, thanks a lot for your efforts and generosity.  <img src='https://forum.marketoracle.io/wp-content/plugins/wp-monalisa/icons/wpml_good.gif' alt=':good:' width='26' height='23' class='wpml_ico' />    <img src='https://forum.marketoracle.io/wp-content/plugins/wp-monalisa/icons/wpml_good.gif' alt=':good:' width='26' height='23' class='wpml_ico' /> </p>
<p>Best regards.</p>
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				<guid isPermaLink="false">7a9d95d7e5369196443a6027380afe24</guid>
				<title>simplex replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion</title>
				<link>http://penguintraders.com/forums/topic/a-flexible-and-compact-currency-strength-indicator/page/3/#post-8321</link>
				<pubDate>Sun, 11 Oct 2015 13:41:40 -0400</pubDate>

									<content:encoded><![CDATA[<p><em><a href='http://penguintraders.com/members/balrogtrader/' rel="nofollow ugc">@BalrogTrader</a>, please don&#8217;t mind</em> if I&#8217;m putting this on my B-priority list for the moment. (Maybe somebody else would join in the coding process and provide that feature?  <img src='https://forum.marketoracle.io/wp-content/plugins/wp-monalisa/icons/wpml_good.gif' alt=':good:' width='26' height='23' class='wpml_ico' />  )</p>
<p>Our currency strength algorithm is based on ROC of prices, so basically represents the 1st derivative of prices over time. Hence DIFF(ROC) would result in something&hellip;<span class="activity-read-more" id="activity-read-more-13319"><a href="http://penguintraders.com/forums/topic/a-flexible-and-compact-currency-strength-indicator/page/3/#post-8321" rel="nofollow ugc">[Read more]</a></span></p>
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				<guid isPermaLink="false">f85ab7444a4468cbe73b66f3ea41c4bd</guid>
				<title>simplex replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion</title>
				<link>http://penguintraders.com/forums/topic/a-flexible-and-compact-currency-strength-indicator/page/3/#post-8321</link>
				<pubDate>Sun, 11 Oct 2015 13:41:40 -0400</pubDate>

									<content:encoded><![CDATA[<p><em><a href='http://penguintraders.com/members/balrogtrader/' rel="nofollow ugc">@BalrogTrader</a>, please don&#8217;t mind</em> if I&#8217;m putting this on my B-priority list for the moment. (Maybe somebody else would join in the coding process and provide that feature?  <img src='https://forum.marketoracle.io/wp-content/plugins/wp-monalisa/icons/wpml_good.gif' alt=':good:' width='26' height='23' class='wpml_ico' />  )</p>
<p>Our currency strength algorithm is based on ROC of prices, so basically represents the 1st derivative of prices over time. Hence DIFF(ROC) would result in something&hellip;<span class="activity-read-more" id="activity-read-more-13315"><a href="http://penguintraders.com/forums/topic/a-flexible-and-compact-currency-strength-indicator/page/3/#post-8321" rel="nofollow ugc">[Read more]</a></span></p>
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				<guid isPermaLink="false">ceddaa93cada1bfe3b041aefed35a372</guid>
				<title>BalrogTrader replied to the topic MTH - 7lines OHLC Moving Average Indicator in the forum Indicator discussion</title>
				<link>http://penguintraders.com/forums/topic/mth-7lines-ohlc-moving-average-indicator/page/2/#post-6954</link>
				<pubDate>Tue, 09 Jun 2015 21:02:59 -0400</pubDate>

									<content:encoded><![CDATA[<p>Now that you reminded let me add this gem to my current indicators   <img src='https://forum.marketoracle.io/wp-content/plugins/wp-monalisa/icons/wpml_wink.gif' alt=';-)' width='20' height='20' class='wpml_ico' /> </p>
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				<guid isPermaLink="false">fc8b6210a674acf0614bbb25e9e48547</guid>
				<title>zyriab75 replied to the topic MTH - 7lines OHLC Moving Average Indicator in the forum Indicator discussion</title>
				<link>http://penguintraders.com/forums/topic/mth-7lines-ohlc-moving-average-indicator/page/2/#post-6952</link>
				<pubDate>Tue, 09 Jun 2015 18:23:05 -0400</pubDate>

									<content:encoded><![CDATA[<p>Hi everyone , Hope you are good. I&#8217;ll try this system tomorow looks powerfull and thank&#8217;s you @KIADS&#8230;..What&#8217;s new <a href='http://penguintraders.com/members/balrogtrader/' rel="nofollow ugc">@Balrogtrader</a> with this system? do you still using it ? it seems quiet here from April :)</p>
<p>Peace ^^</p>
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				<guid isPermaLink="false">0a1bdbc031250c90f35a47449d3c7402</guid>
				<title>zyriab75 replied to the topic MTH - 7lines OHLC Moving Average Indicator in the forum Indicator discussion</title>
				<link>http://penguintraders.com/forums/topic/mth-7lines-ohlc-moving-average-indicator/page/2/#post-6952</link>
				<pubDate>Tue, 09 Jun 2015 18:23:05 -0400</pubDate>

									<content:encoded><![CDATA[<p>Hi everyone , Hope you are good. I&#8217;ll try this system tomorox looks powerfull and thank&#8217;s you @KIAD&#8230;..What&#8217;s new <a href='http://penguintraders.com/members/balrogtrader/' rel="nofollow ugc">@Balrogtrader</a> with this system? do you still using it ? it seems quiet here from April :)</p>
<p>Peace ^^</p>
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