You DO have access to the USDx. there are plenty free ones on the NET, and it’s only one line of code.

G.

In “my” words:

1. Currency Strength indicator is a RANKING indicator, showing the currently strongest from top to bottom.

2. The Delta between current and previous bar, as described by you, is only half “Ok”… You can’t simply compare DELTA of one pair to DELTA on another pair – without some kind of “normalization”. I already given the…[Read more]

In “my” words:

1. Currency Strength indicator is a RANKING indicator, showing the currently strongest from top to bottom.

2. The Delta between current and previous bar, as described by you, is only half “Ok”… You can’t simply compare DELTA of one pair to DELTA on another pair – without some kind of “normalization”. I already given the…[Read more]

Sorry about my previous “sloppy” post…

I don’t have much time this week, but Vladimir pointed me to this thread via Skype – so I felt compeled to respond.

I’ll sure post detailed explanation, but please excuse me if it’ll not be this week.

G.

Hi Balrog,

Sorry about your loss, and sorry to see you leave.

Call me on Skype, if you want, and if you ever want to try on DEMO again.

G.

After drawing the “virtual candle/bar” (price movement from point A to B, regardless of intermediate bars):

Devide that bar length into roughly 3 equal sections: top third is BUY sentiment, middle third is NEUTRAL or in-decision, lower third is SELL sentiment.

Following bars CLOSE, that are engulfed by that bar, determine the market sen…[Read more]

On TRUE Compounding (addition):

The procedure remains the same (keep on entering same lots while moving your SL).

The EXTRA “twist” is to increase the lot size of next entry.

How and by how much:

On the second trade you got your SL and your entry lot – but you “forgot” that you already got some protected profit.

This requires some Math – so…[Read more]

On Divergence Video’s:

No need to draw channel on divergence when it occurs.

With Hidden-Divergence (Yellow line) you can go against the line direction immediatly on the next bar.

With Divergence (Red line) you can go with the line direction immediatly on the next bar.

Divergence is usually more “powerfull” than Hidden-Divergence, so trade…[Read more]

On Divergence Video’s:

No need to draw channel on divergence when it occurs.

With Hidden-Divergence (Yellow line) you can go against the line direction immediatly on the next bar.

With Divergence (Red line) you can go with the line direction immediatly on the next bar.

G.

Weight or Factors have nothing to do with proper DELTA calculations.

All those are “nice to have” or increase accuracy and meaning, but the BASIC is each and every DELTA proper calculation.

G.

Weight or Factors have nothing to do with proper DELTA calculations.

All those are “nice to have” or increase accuracy and meaning, but the BASIC is each and every DELTA calculation.

G.

Weight or Factors have nothing to do with the DELTA calculations.

All those are “nice to have” or increase accuracy and meaning, but the BASIC is each and every DELTA calculation.

G.

The interest rates was just an example.

Similiar ROC’s are NOT equal. Your indicator looks visually “right” just because almost all pairs are near ~1.000USD, but the math is wrong.

0.1% in EURUSD is not equal to 0.1% in GBPUSD – that’s comparing apples to pears. It will have the same effect as with interest rates comparison.

Data needs to be…[Read more]

The interest rates was just an example.

Similiar ROC’s are NOT equal. Your indicator looks visually “right” just because almost all pairs are near ~1.000USD, but the math is wrong.

0.1% in EURUSD is not equal to 0.1% in GBPUSD – that’s comparing apples to pears.

Data needs to be “normalized” before such comparison.

G.

The interest rates was just an example.

Similiar ROC are NOT equal. Your indicator looks visually “right” just because almost all pairs are near ~1.000USD, but the math is wrong.

0.1% in EURUSD is not equal to 0.1% in GBPUSD – that’s comparing apples to pears.

Data needs to be “normalized” before such comparison.

G.

The interst rates was just an example.

Similiar ROC are NOT equal. Your indicator looks visually “right” just because almost all pairs are near ~1.000USD, but the math is wrong.

0.1% in EURUSD is not equal to 0.1% in GBPUSD – that’s comparing apples to pears.

Data needs to be “normalized” before such comparison.

G.

In one of your previous post you explained how 0.1% increase/decrease in one pair is equal to 0.1% increase/decrease in some other pair (from your ROC point of view).

Well, let’s consider USD interest rate at 1%, and NZD interest rate at 3%.

Now assume that each one will increase by 10% (or by 0.1)…

My DIFF or DELTA will increase (from 2 t…[Read more]

You claim that we are basically doing the same, and just using different words.

In this case, I don’t want to add any more “clutter” to this thread.

Other than that, I claim nothing.

G.

I think that we should leave the semantics aside, for the moment.

In my picture of EUR/GBP/USD – calculating by ROC the GBP is the strongest if viewd in line indicator. That is WRONG – IMHO.

In my example of 3 cars located at different locations on the road – according to same above logic: the currently fastest one is also the first one, a…[Read more]

I think that we should leave the semantics aside, for the moment.

I my picture of EUR/GBP/USD – calculating by ROC the GBP is the strongest if viewd in line indicator. That is WRONG – IMHO.

In my example of 3 cars located at different locations on the road – according to same above logic: the currently fastest one is also the first one, a…[Read more]