gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
I do trade my rules, I just gave only one rule of using Currency-Strength indicator.
With my indicator I can also trade Counter-Trends with high accuracy and low risk, I’m not so sure it can be done with other indicators, since I haven’t seen a good one yet.
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Strangely enough, above pics show predictive indicator and not a lagging one…
Quite amazing, since it’s on H4 TF, i.e. 4 hours advanced prediction… so don’t let the facts confuse your theories…
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Strangely enough, above pics show predictive indicator and not a lagging one…
Quite amazing, since it’s on H4 TF, i.e. 4 hours advanced prediction… so don’t let the facts confuse your theories…
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Strangely enough, above pics show predictive indicator and not a lagging one…
Quite amazing, since it’s on H4 TF, i.e. 4 hours advanced prediction…
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Strangely enough, above pics show predictive indicator and not a lagging one…
G.
simplex replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Using MAs for trading, we always have to find some balance between two antagonistic mathematical methods: integration and differentiation.
Applying the MA (integration) to prices always introduces a certain amount of lag. Choosing a state of the art adaptive filter instead of a simple SMA can reduce the amount of lag while at the same time…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
There is no “definition” issue between us, just the way what and how you implement things in order to overcome “lag”, and make your indicator a predictive one.
If you use ONLY price-action in your calculations and considerations, your indicator will ALWAYS be lagging and you’ll always chase Price-Action.
Here is a sample of non-lag,…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
There is no “definition” issue between us, just the way what and how you implement things in order to overcome “lag”, and make your indicator a predictive one.
If you use ONLY price-action in your calculations and considerations, your indicator will ALWAYS be lagging and you’ll always chase Price-Action.
Here is a sample of non-lag,…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
There is no “definition” issue between us, just the way what and how you implement things in order to overcome “lag”, and make your indicator a predictive one.
If you use ONLY price-action in your calculations and considerations, your indicator will ALWAYS be lagging and you’ll always chase Price-Action.
Here is a sample of non-lag,…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
What about ADAPTIVE MA’s?
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
How about ADAPTIVE MA’s?
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
On Currency-Strength:
There are two kinds of Currency-Strength indicators, and people tend to confuse between them and even program indicators with a “mixed” logic.
Absolute Currency-Strength, measure Currency-Strength based on some anchor in past history, either date or some meaningful historical value.
Relative Currency-Strength is more…[Read more]
simplex replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Most CS indicators are lagging to some extent. And so do my early attempts to code a CS. All those discussions with @gg53 about this topic convinced me that this is not necessarily so, and my latest CIX is tuned to be much more reactive than every CS I coded earlier. But ok, it’s a bit choppy now. And since we want to calculate a slope, ‘some’…[Read more]
simplex replied to the topic Trading made REALLY Simple: Coder's Chat in the forum Development 10 years, 5 months ago
Thanks for this:
I also experimented with VZO settings different than the defaults suggested in Khalil’s article. I found that VZO 4 … 8, limits around 60 looked interesting, so very much similar to your suggestion.
I will certainly try your breakout, anticipating the reversal! I’m curious how the exact timing will meet CIX and CLEAR.
s.
gg53 replied to the topic Trading made REALLY Simple: Coder's Chat in the forum Development 10 years, 5 months ago
Regarding VZO:
I think you get better entries playing with VZO parameters and range (try VZO 6, range 55 & -55), thus trading just the breakout of the range (i.e. on lower range breakout – signal Long, Upper range breakout – signal short.)
Your method will also work Ok (a bit lagging), without fine-tuning VZO.
G.
gg53 replied to the topic Trading made REALLY Simple: Coder's Chat in the forum Development 10 years, 5 months ago
Regarding VZO:
I think you get better entries playing with VZO parameters and range, thus trading just the breakout of the range (i.e. on lower range breakout – signal Long, Upper range breakout – signal short.)
Your method will also work Ok (a bit lagging), without fine-tuning VZO.
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
It will still give you an overview of the FX market, and you have more than enough guidelines on how to make a better one.
Use my guidelines, and you can profit with it, but I’m using much more enhanced versions. You need to consult lower TF when using that version.
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Gadi_Currencies is an ancient one, example prototype, shared on FF “Killing Zone” thread.
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Trading Currency-Strength alone is: Currency A is above 0 and pointing UP, Currency B is below 0 and pointing DOWN, Go LONG on AB pair.
BTW: GOOD Currency-Strength indicator isn’t lagging, but precedes Price-Action by at least 1-2 bars.
If yours is lagging, only trade the Recycle-Bin Market with it…
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Trading Currency-Strength alone is: Currency A is above 0 and pointing UP, Currency B is below 0 and pointing DOWN.
BTW: GOOD Currency-Strength indicator isn’t lagging, but precedes Price-Action by at least 1-2 bars.
If yours is lagging, only trade the Recycle-Bin Market with it…
G.
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