@edington-michael
Active 8 years, 7 months agoEdington replied to the topic Currency Basket Price in the forum Indicator discussion 11 years, 3 months ago
No problem, here it is. I tried your method, but I was unable to get it to work.
I will tinker with it tomorrow.Edit. I got it work. Sometimes I get stuck on such simple things. Thanks Hannele

Edit2. It seems it has to be an overlay. The problem is that with the ma, once you scroll left and right, the ma to indicator ratio r…[Read more]
Edington replied to the topic Currency Basket Price in the forum Indicator discussion 11 years, 3 months ago
No problem, here it is. I tried your method, but I was unable to get it to work.
I will tinker with it tomorrow.Edit. I got it work. Sometimes I get stuck on such simple things. Thanks Hannele

Best, Michael E
Edington replied to the topic Currency Basket Price in the forum Indicator discussion 11 years, 3 months ago
No problem, here it is. I tried your method, but I was unable to get it to work.
I will tinker with it tomorrow.Best, Michael E
Edington replied to the topic Currency Basket Price in the forum Indicator discussion 11 years, 3 months ago
I have a “stupid” MT4 question…I feel embarrassed asking it….but how do you overlay the chart over the indicator?
Best, Michael
Edington replied to the topic Currency Basket Price in the forum Indicator discussion 11 years, 3 months ago
Dear Saver0,
Thank you so much for sharing this indicator.
I cant wait to try “her” out Monday. I think she has great potential.Best,
Michael
Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 11 years, 3 months ago
Indeed. Using both lines filters out very well. Provides much information. Ideally, the best entries are when both are opposed in the extremes, but I have also found it true that if you know the trend direction, you can use the second line to get very accurate entries as well.

Edington posted an update 11 years, 3 months ago
Playing with Saver0’s currency strength indicator.
Edington replied to the topic arthur's tradefinder tests in the forum Trading Journals 11 years, 3 months ago
Hey Arthur.
Looking at the charts, it reminds me of something i used to see a lot in the stock market. After the market would close for the session, the market makers would swap shares between themselves. If you used Level 2, you could see who and how much. I am unsure of what effect the spikes will have on open price. I have no kind words about…[Read more]
Edington replied to the topic arthur's tradefinder tests in the forum Trading Journals 11 years, 4 months ago
Hey Arthur,
if the signal disappears after 2 candles, i am not sure how successful this will be in the longer run. I would try to run a back test simulator to determine how bad it changes. I assume it locks in after 2 closed candles, but that may be a signal too late, depending on the setup. It is interesting however and again, thanks for…[Read more]
Edington replied to the topic arthur's tradefinder tests in the forum Trading Journals 11 years, 4 months ago
So the blue dot sets the bullish trade target, being the top of the candle. I assume reverse works for red dots? Interesting…
Best, Michael
Edington replied to the topic arthur's tradefinder tests in the forum Trading Journals 11 years, 4 months ago
Scavenge is my middle name lol.
Edington replied to the topic arthur's tradefinder tests in the forum Trading Journals 11 years, 4 months ago
Hey Arthur. Very interesting, allow me to subscribe

Best, Michael
Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 11 years, 4 months ago
I agree with gg53.
My tests so far are successful, but there are problems. I got stuck in some trades that ended up working my way, but i would not trade like this in my live account. The reason is that on occasion, the indicator will re-position. So, what effectively I am doing is guessing tops sometimes…I have contemplated using h…[Read more]Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 11 years, 4 months ago
Dear Arthur,
thank you very much for sharing your work and your find. Also, a big thanks to Saver0 for writing and sharing, Simplex for modifying it.

I have been experimenting with the OB/OS “stochastic” method on Friday. I used a rather crude approach, set targets according to Fibonacci pivots. One issue is, as some have noted – some r…[Read more]
Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 11 years, 4 months ago
Dear Arthur,
thank you very much for sharing your work and your find. Also, a big thanks to Saver0 for writing and sharing, Simplex for modifying it.

I have been experimenting with the OB/OS “stochastic” method on Friday. I used a rather crude approach, set targets according to Fibonacci pivots. One issue is, as some have noted – some r…[Read more]
Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 11 years, 4 months ago
Dear Arthur,
thank you very much for sharing your work and your find. Also, a big thanks to Saver0 for writing and sharing, simplex for modifying it.

I have been experimenting with the OB/OS “stochastic” method on Friday. I used a rather crude approach, set targets according to Fibonacci pivots. One issue is, as some have noted – some r…[Read more]
Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 11 years, 4 months ago
Dear Arthur,
thank you very much for sharing your work and your find.
I have been experimenting with the OB/OS “stochastic” method on Friday. I used a rather crude approach, set targets according to Fibonacci pivots. One issue is, as some have noted – some re-positioning. Even so, most of the time it seems to give a good signal. One rule…[Read more]Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 11 years, 4 months ago
Dear Arthur,
thank you very much for sharing your work and your find. I have been experimenting with the OB/OS “stochastic” method on Friday. I used a rather crude approach, set targets according to Fibonacci pivots. One issue is, as some have noted – some re-positioning. Even so, most of the time it seems to give a good signal. One rule that I…[Read more]
Edington replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 11 years, 4 months ago
Indeed. Analysis of strength in currencies seems to give the best advantage a trader can have…next to a wiretap in Mario Draghi’s Office or Swiss Central Bank…
Best, Michael
Edington and
Billyon are now friends 11 years, 4 months ago- Load More