Hi G.

Thanks a lot for providing this detail!

At least I’m getting an idea now what caused the confusion about 1st vs. 2nd derivative of prices in previous posts. We were talking about completely different base arithmetics.

Got to check out now the implications for my indicator.

Thanks again,

J.

That’s true!

Allright: at least for me, this is a completely new argument in our discussion. As you know from my source code, until now I did not consider interest rates when calculating my ROC-based CS, but you can bet I’m interested. Thank you for pointing me in that direction!

I’m not an economist, so maybe I’ll need a bit of time before…[Read more]

Sorry if my term ‘claim’ upsets you. That was not my intention. Let’s say ‘post’ instead, ok?

It was your above post I’m referring to (2nd quote).

s.

EDIT: And I never perceived your posts in this thread as ‘clutter’.

Sorry if my term ‘claim’ upsets you. That was not my intention. Let’s say ‘post’ instead, ok?

It was your above post I’m referring to (2nd quote).

s.

Semantics? I ‘tried’ to add a little more precision to our discussion, only to avoid further misunderstandings. Maybe I failed. Sorry if so.

You named it: visual representation. Those lines are a graphic visualization of our model, nothing more. That visualization can easily be shifted to the next level of derivation without altering the…[Read more]

Ok, maybe I shoudn’t be kidding around and instead go back to serious business …

Now let’s get my view on the DELTA a bit clearer. It seems to me that I did not state my view precisely in previous posts. I assume the DELTA you’re talkling about is the delta of currency strength. Correct?

CS, based on pure ROC, reflects the 1st derivative…[Read more]

Thanks for your kind offer. Makes no sense to release the latest source at the moment – too many half-raw features which I’m still working on.

But the core algorithm has not been changed since version 1.1, source see this post: http://penguintraders.com/forums/topic/a-flexible-and-compact-currency-strength-indicator/page/2/#post-8262

s.

Hahaaa – sometimes I doubt that I have it!

One more question comes to my mind: would it affect your analysis if all USD pairs were xxxUSD or all were USDxxx? I mean, affect the algorithm to a greater extent than only changing some ‘+’ operator in a ‘-‘ operator or vice versa.

Hey guys: did ANYBODY follow that link @xux99 provided? I repost it: https://www.forex4noobs.com/forex-blog/forex-tips/adapting-to-current-market-conditions-master-candles/

Following that link, I found that:

… Looks like you stumbled upon this article looking for information on master candles. I am sorry to say, master candles do not work…

[Read more]

Hey guys: did ANYBODY follow that link xux provided? I repost it again: https://www.forex4noobs.com/forex-blog/forex-tips/adapting-to-current-market-conditions-master-candles/

Following that link, I found that:

… Looks like you stumbled upon this article looking for information on master candles. I am sorry to say, master candles do not work…

[Read more]

Hey guys: did ANYBODY follow that link xux provided? I repost it again: https://www.forex4noobs.com/forex-blog/forex-tips/adapting-to-current-market-conditions-master-candles/

Following that link, I found that:

… Looks like you stumbled upon this article looking for information on master candles. I am sorry to say, master candles do not work…

[Read more]

Correct: 7 USD pairs …

… consisting of 8 different currencies (including USD) – that’s all I stated. Yes, really!

Hmmm: maybe we should arbitrarily flatten that resulting USD line and let the other 7 dance around … and maybe I’m just kidding …

Sure: heavy-weight USD will take care for that!

That would be a USD swing against the…[Read more]

Nope – in this case (at the moment) it’s pure price: ROC and nothing else.

Sure there are limits, this is no ‘holy grail’. Yet I have no idea which particular ‘lower limit’ you mean, but I’m interested …

Certainly not! What changes with every new bar (or tick on bar zero) is our sensitive measurement of what our underlying model respects…[Read more]

Looking forward to that!

Nice idea, but my coder’s brain initially asks: ‘which’ ZZ in particular? We’re analyzing 8 currencies, based on either 7 USD pairs or all 28 crosses – depends on personal taste.

I’ve looked at one notable point in time, where AUD and USD are forming large opposite peaks to each other, and ZZ is (to no-ones surprise)…[Read more]

Thanks a lot for testing and throwing your thoughts in the ring – I appreciate that!

‘Reality’ is the keyword here. Absolute pips haven’t got anything to do with ‘reality’, IMO. Pure pips counting is one of the worst things to do when analyzing moves. Just look at my 1st pic (the spreadsheet): 48 pips in both cases, yet 0.42% total change in…[Read more]