For ages I’m trying to teach that trading entry should start at converging/diverging point and not on the “cross”…

Finally you explained it perfectly!! entering at “cross” is too late.

BTW: this is also mathematically true for any two MA’s, not just Currency-Strength.

G.

TL follow current pair price – so it’s lagging. While currency strength, combined with volume, precede price movement…

Another rule: DON’T trade large bars (>x2 recent bars). Reason: most pips are already “eaten” and you are late in arriving to the party…

G.

TL follow current pair price – so it’s lagging, while currency strength, combined with volume, precede pice movement…

Another rule: DON’T trade large bars (>x2 recent bars). Reason: most pips are already “eaten” and you are late in arriving to the party…

G.

TL follow current pair price – so it’s lagging, while currency strength, combined with volume, precede pice movement…

G.

I don’t want to show too much info, like when orders are open, pending etc.

Setting this up in myfx is too much extra work and parameters settings for my lazy butt…

G.

The importance of Video #15, besides execellent example of proper usage of Gadi_Currencies Strength indicator, is in what it implies and indirectly suggest.

In order to take full advantage of the Currency Strength – you need to enter when two currencies START to converge (or diverge)!

Most newbies traders enter only when two currencies CROSS, wh…[Read more]

pipatronic,

Just one more “Hint” regarding the Gadi_NormalizedVolume indicator:

Due to the nature of Histogram, you don’t have to wait for bar “close” in order to enter a trade.

You can enter a trade when Gadi_NormalizedVolume  equals or slightly exceed that indie MA (when other indies agree).

The reason is that…[Read more]

pipatronic,

GREAT work !!

You are explaining things much better than me… with excellent examples…

G.

Another week passed…

Auto EA (One pip compounding strategy) on Real live acount (from 28 July, 2015), on 4 currency pairs.

All “loss” trades are actualy in pips profit, but lost due to swap (rollover).

132 trades, avg. 2.7 trades/day.

93.18% winning trades, 1.15% DD.

Account opened with $275 . Current equity $418.45.

Total 52.1% prof…[Read more]

Another week passed…

Auto EA (One pip compounding strategy) on Real live acount (from 28 July, 2015), on 4 currency pairs.

All “loss” trades are actualy in pips profit, but lost due to swap (rollover).

132 trades, avg. 2.7 trades/day.

93.18% winning trades, 1.15% DD.

Account opened with $275 . Current equity $418.45.

Total 52.1% prof…[Read more]

Auto EA (One pip compounding strategy) on Real live acount (from 28 July, 2015), on 4 currency pairs.

All “loss” trades are actualy in pips profit, but lost due to swap (rollover).

132 trades, avg. 2.7 trades/day.

93.18% winning trades, 1.15% DD.

Account opened with $275 . Current equity $418.45.

Total 52.1% profit (from 28, July, 2015…[Read more]

pipatronic,

White bar in Gadi_Volume is either a Doji or included in previous bar.

G.

1. I was refering to original FXCorrelator – it is calculating PIPS difference between current and previous.

2. Also, it is calculating MA pips difference – which introduce double lagging. The proper way, if this method is used,  is to calculate actual diff and then “smooth” the result with some kind of MA.

3. Also, not all pips are created…[Read more]

1. I was refering to original FXCorrelator – it is calculating PIPS difference between current and previous.

2. Also, it is calculating MA pips difference – which introduce double lagging. The proper way, if this method is used,  is to calculate actual diff and then “smooth” the result with some kind of MA.

3. Also, not all pips are created…[Read more]

We all admire your ability to MANUALLY enter 4 exact trades within split second…

…. and the logic behind it….  ;-}

G.

Auto EA (One pip compounding strategy) on Real live acount (from 28 July, 2015), on 4 currency pairs.

All “loss” trades (5) are actualy in pips profit, but lost due to swap (rollover).

118 trades, avg. 2.7 trades/day.

94.07% winning trades, 1.15% DD.

Account opened with $275 . Current equity $405.42.

Total 47.4% profit.

G.

Auto EA (One pip compounding strategy) on Real live acount (from 28 July, 2015), on 4 currency pairs.

All “loss” trades (5) are actualy in pips profit, but lost due to swap (rollover).

118 trades, avg. 2.7 trades/day.

94.07% winning trades, 1.15% DD.

Account opened with $275 . Current equity $405.42.

Total 47.4% profit.

G.

Liked 2. Best of health!

G.

Hi all Brothers and Sisters,  please forgive me because I’m not active in this beloved online forum lately due to some health problem that I have. (too tired to manage some offline formal jobs..lol).

Btw, you could still send me PM for any questions related to trading and hopefully I could help you little bit but again forgive me if my answers…[Read more]

Here are the results of the above post:

Immediate profits on both, with minimal or no DD.

You can gain even more pips by using shorter TF’s with same setups.

G.