Im lost by one thing in your handwritten calcs.

you have written:

Basis: USDx = USD/x

then at the bottom you have written:

Crosses: USDx = USDx

Something is not right here. In the top line you are dividing USD by x, whereas in the bottom line you are multiplying USD by x.

How can USDx equal the same value when in one equation you are…[Read more]

No rush matey. This is a long game. :)

Thank you.

After items 1 – 3 in my post above have been mastered….. should the next step be (?) :

4) Create synthetic currency.

Since we dont all have access to the USDX we should use the Market Share calculated in item 3 above to create a synthetic currency of the USD vs Other Major’s.

When viewing just the top 8 currencies, USD is 50% of the market…[Read more]

We seem to be jumping back and forth.

I would like to try and remove any uncertainty.

Can you please confirm I have the signal processing technique concept correct:

1) First derivative

Create a “strength” indicator (built using “traditional” techniques )

2) Second derivative

From this “strength” indicator value we apply an ROC c…[Read more]

This is a very confusing response. We seem to be jumping back and forth.

I would like to try and remove any uncertainty.

Can you please confirm I have the signal processing technique correct:

1) First derivative

Create a “strength” indicator (built using “traditional” techniques )

2) Second derivative

From this “strength” indicator value…[Read more]

Nothing special. Just took the results from the Bank for International Settlements Triennial Bank Survey. Refer to the link. 

http://www.bis.org/publ/rpfx13fx.pdf

Thanks for the reply. Any chance of an image to understand this please?

How do you determine Point A and Point B? Is this arbitrary? Are there values we can push into an indicator to show True bars?

Thanks.

Sorry I cant get it to insert tables nicely from excel. Maybe this is easier to read:

FX volumes by %:

2010

USD 42.45

EUR 19.55

JPY 9.50

GBP 6.45

AUD 3.80

CHF 3.15

CAD 2.65

MXN 0.65

CNY 0.45

NZD 0.80

SEK 1.10

RUB 0.45

HKD 1.20

SGD 0.70

TRY 0.35

Other 6.75

Total 100.00

2013

USD 43.50

EUR 16.70

JPY 11.50

GBP 5.90

AUD…[Read more]

Sorry I cant get it to insert tables nicely from excel. Maybe this is easier to read:

FX volumes by %:
<table style=”border-collapse: collapse; width: 96pt;” border=”0″ width=”128″ cellspacing=”0″ cellpadding=”0″><colgroup><col style=”width: 48pt;” span=”2″ width=”64″ /> </colgroup>
<tbody>
<tr style=”height: 14.4pt;”>
<td style=”height: 14.4pt;…[Read more]

Here is another analysis I did myself at the beginning of the year.

It has already been tallied (to equal 200%) and then halved.

2010         2013

USD 42.45 43.50

EUR 19.55 16.70

JPY          9.50       11.50

GBP 6.45          5.90

AUD 3.80 4.30

CHF 3.15         2.60

CAD 2.65        2.30

MXN 0.65 1.25

CNY 0.45 1.10

NZD 0.80 1.00

SE…[Read more]

By “normalized” do you mean “weighted”?
As in each currency needs to be weighted by its market share (i.e. significance).

One way to do this is via Money Supply.
Or here is a post from @gg53 years ago.

Which the the preferred method?

Something I found deep in the net posted from GG:

Individual currency weight – How to:
(info gathered from t…

[Read more]

@gg53 Thank you for your explanation, I understand your entries very clearly.

However I still dont get your exits from the above explanation. Could you expand on what signal you use to get out please?

I gather you are saying there is only one final exit (after the 8 entries).

PS I like you comment about the market being ‘deaf’ 

Wow you two have been busy chatting!

There is so much going on here I just need to stop and clarify where things are up to.

If I understand correctly, the quote above is where we should be focusing our efforts?

Proportional move calculations. 

One thing that has always stumped me with ROC style indicators, is at what point in time do you start the calculation from?

Traditionally this is the beginning of  the daily candle (or when LIBOR is set 11am London time), but this is really just an arbitrary point. In saying that, choosing another point is also just as likely to just be…[Read more]

Hi Simplex!

I just wanted to congratulate and thank you for providing the community with this thread and indicator!! thank you! 

I havent been around here for a while and saw this thread and I am very impressed with what you guys are working on. I havent played with MT4 in a while but I will delve into the code when I get a chance and…[Read more]

Can you tell us more about Tool 1 please? How would one go about creating such a [flow meter] tool?

Thank you.

Hi Saver!

Just trying to get my head around the numbers. Maybe I am missing something?

You had 4,894,786 winning trades and 37,690 loosing ones. (4,932,476 total trades)

The target was 3 pips for each winning trade. Lets assume a 1 pip spread. So less 1 pip for entry, less another pip for exit. Leaving 1 pip for profit. i.e. 4,894,786 winning…[Read more]

Good luck.

Would be great if you let us know your thoughts behind the strategy! Thanks.