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.

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]

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]

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]

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

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.

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]

FX volumes by %:
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<tbody>
<tr style=”height: 14.4pt;”>
<td style=”height: 14.4pt;…[Read more]

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]

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]

http://penguintraders.com/forums/topic/a-flexible-and-compact-currency-strength-indicator/page/5/#post-8441

@gg53: If you are willing to tell us, I would be keen to hear more about how you define “True Bars” please?

Thank you.

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. 

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]

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]

Thank you.

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]

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

I was with your thought experiment up until the 3 pip stop. You opened a BUY and a SELL and confirmed that there is a 90+% probability price will deviate in one direction 3 pips within the following 24 hours. Meaning this test didnt have a stop loss for the loosing side. So of the…[Read more]

Anyone with techniques on how to trade with it?

Saying all that the approach is…[Read more]

As stated above there are two options…[Read more]

Thank you!

Saver0, I have been using this indicator and TZ’s exclusively but I now have a new found respect for this indi!! Particularly the M15. Any chance of an MT5 version so I can see Alpari ECN data?

Below, settings are standard. Small dashes m15, large dashes h1, solid line 4h, bold solid line d1

I zoomed out so you can see…[Read more]

Would be interested if anyone else has been using it and would like to share there experiences with it..?

Thanks.

That looks really cool!! I have been trailing Saver0’s csm version and this will be a great comparison too.

Thank you for even offering the contribution. Hopefully Kiads says yes. 

Has anyone considered using MAE/MFE analysis on the TZ strategy? It is a standard feature in the mql5 strategy tester.

Read more here: https://www.dukascopy.com/fxcomm/fx-article-contest/?Measurement-Of-Potential-In-Trading=&action=read&id=1861&language=en

Here is a script for mt4. Follow this page to the link, the poster explains how to…[Read more]

Saver0, I totally support what Kiads has said. Please use google ads to subsidise the costs of this site as it will only be for everyone’s benefit and less burden on you. There are everywhere else on the net so its not going to bother anyone by them being here.

And agreed, say no to any commercial individuals.

I will try this later tonight when I get home. One of my gripes with the currently available CSM’s is their lag. Looking forward to reading the code to see what you have done.

Cheers mate!!

Referring to the first post:

The blue lines are long

The brown lines are short

The aqua/blue lines are long

The magenta/red lines are short

Happy we have somewhere else to exchange ideas. Keep the development up everyone!!

PS. THANK YOU SAVER0!!!

Happy we have somewhere else to exchange ideas. Keep the development up everyone!!