Seems that the quote function doesn’t work again …

Take you time to do whatever you want ;) I know that this forum isn’t as attracting as it was two years ago since most users are very silent.

Regarding 2*(High-Low)/abs(Open-Close): I’ve tested different versions for the prize path. I think I’ve tested a similar formula, too. However,…[Read more]

I’ve thought it would be a good idea to investigate the relationship between prize movements and volume. Thus, I’ve used my way of calculating the prize path, calculated it for 603,896 M1 candles and looked at the relationship between prize path and volume:

As you can see, there seems to be a linear relation between volume and the prize path. The…[Read more]

Just read about the old stuff and I found a logical problem: Prize can deviate from its value. Wouldn’t it mean that the true value can be far above/below a candle? And what if we see another contradiction of both measures (OHLC4 and C) in such a region where prize already is way off its true value. These cases may lead to big DD.

In other words…[Read more]

@simplex good call. @gg53 you may can just change near line 438

if (useLowphatAlterateDrawMethod)
{
double b1,b2;
if (displayAUD){bAUD[shift]=phatCalcAUD[shift+1]-phatCalcAUD[shift+2];//change these lines to this?

@gg53:

Long time no see – welcome back!

From earlier discussions I remember that you’re a real fan of iCustom() calls. So this would be the obvious and simple solution to try. I’m sure I don’t have to explain to you how this works.

If iCustom is not preferred this time, you might start looking at function OnCalculate(), lines 389 – 406.…[Read more]

Also @GG53 told that :
In down-swing, some candles LOW is lower than the previous candles LOW in that swing, some are not.
But…
A candle LOW is always lower than all the previous candles HIGH, and this is the invariant for a down-swing.
If a candle breaks this rule, it starts an up-swing. It’s the basic nature of any bar-chart, so you don’t…[Read more]

Awesome work Sir, thank you. As I know red/yellow dots lag one/two bar(s). For using this concept in our trading we should know on which dots we should pay attention and which dots we can ignore, because @GG53 told us that we never mind what happened between this dots. Any ideas penguins? I think we are in right path.

@gg53: Yesterday I read again over this thread and a questions arose: Let’s assume we want to trade in the M1 chart and we have five channels regarding your rules – one M1, one M5, one M15, one M30, and one H1. How would you interprete the situation if the M1 sticks out of the M5 channel (on its upper site) but the M5 channel itself is at the…[Read more]

@gg53, @simplex: It’s a pity to read your decisions. However, I can fully understand it. Nevertheless, wish you a good time!

Dear @gg53, this is amazing message. Everyone should read this and accept this as fact. I couldn’t agree more.. Just amazing.. Thanks for this. I’m using tick charts so I know what exactly you mean. For example, RSI indicator is MUCH BETTER on ticks then on one minute or hour chart… Even when trading news. It’s simply amazing and everyone…[Read more]

@gg53: Yes, you’re right. The atomic unit of prize is tick. Thus, all info is contained in a tick chart. Nevertheless, most traders would be overwhelmed by data which floods into their life if they would trade tick charts. My opinion is that (especially for beginners) candlestick charts are great as they summarize what happened during the last…[Read more]

@Eamonn, @gg53:

What should happen if a Sunday bar is detected?

display nothing?
display previous value?
display ‘exception’ colour?
… ?

s.

Hi @gg53. Thanks for these ideas.

Will do.

I need to reread your discussion with simplex about this, I remember you had different views on how to calculate it. Personally, I’m for your approach. If not for anything else, then simply for the fact that you have been using it with this strategy and it has been working for you.

What about TP?…[Read more]

Hi @gg53. Thanks for these ideas.

I need to reread your discussion with simplex about this, I remember you had different views on how to calculate it. Personally, I’m for your approach. If not for anything else, then simply for the fact that you have been using it with this strategy and it has been working for you.

On EA’s StopLoss: ….while m…[Read more]

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.

Thank you both.

@gg53: Yes, it’s predictive. However, you don’t trade your rules. You said: only trade if currency 1 is above 0 and pointing up, currency 2 below 0 and pointing down. But at the place where your pink line is in your last pic, EUR is above 0 and pointing down and AUD is below 0 and pointing up … Surely, that can be a predictive…[Read more]

@simplex: My statements/thoughts are general observations, not only based on your CIX. Well, the delay is imho not only due to the calculation of slope. You can see it always when currency 1 is far from the 0 line (or curreny 2 far below the 0 line). But maybe we would get preceding signals using smaller TFs to current TF on which we…[Read more]

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]

@gg53,

I’m afraid that this won’t be enough. The circumstances kapybara & forexdj reported will prevent the EA from opening trades. The error occured in functions BuyStop and SellStop. So this particular check has to be made before an entry, but during trailing as well.

s.