1. Volume is NOT price. In Forex, Volume is market activity – the number of transactions that causes a price to move.

2. Perspective and point of view can differ. Facts can’t.

3. Indicator can “Indicate” coming event  – or just follow price-action in a lagging manner, which make it useless. For that purpose you should use chart candles…[Read more]

MA(3) uses only the last 3 values. That’s why it’s called “Moving Average”…

G.

It’s NOT semantics.

What’s the point in creating new indicator if you are just chasing price-action?

What’s the point of using just RSI (another Price-Action, and VERY lagging. BTW:CCI is better and faster for that purpose) to model Currency-Strength?

If you are into 30-40% of long-term trend, you don’t need all those fancy…[Read more]

It’s NOT semantics.

What’s the point in creating new indicator if you are just chasing price-action?

What’s the point of using just RSI (another Price-Action, and VERY lagging. BTW:CCI is better and faster for that purpose) to model Currency-Strength?

If you are into 30-40% of long-term trend, you don’t need all those fancy…[Read more]

It’s NOT semantics.

What’s the point in creating new indicator if you are chasing just price-action?

What’s the point of using just RSI (another Price-Action, and VERY lagging) to model Currency-Strength?

If you are into 30-40% of long-term trend, you don’t need all those fancy indicators.

The facts in FX market are:

Volume precede Price…[Read more]

Oh, really?

Price(t1) = 6, Price(t2)=7  —>  Diff=1.

MA(t1)={4,5,6), MA(t2)={4,5,6,7)  —> MA(t1,3)=5, MA(t2,3)=6   —>   Diff=1

So, in the above private case, MA’s Diff is equal to actual price Diff. and that’s just simple SMA. So your statement isn’t ALWAYS right…

It’s so easy to throw pseudo-math statements and theories, withou…[Read more]

Oh, really?

Price(t1) = 6, Price(t2)=7  —>  Diff=1.

MA(t1)={4,5,6), MA(t2)={4,5,6,7)  —> MA(t1,3)=5, MA(t2,3)=6   —>   Diff=1

So, in the above private case, MA’s Diff is equal to actual price Diff. So your statement isn’t ALWAYS right…

G.

Upload your backtest to myfxbook by adding a strategy. Then use only the profitable trading hours to optimize the settings. The image below shows a EURCAD backtest with default settings, notice that only certain trading hours are profitable.

Upload your backtest to myfxbook by adding a strategy. Then use only the profitable trading hours to optimize the settings. The image below shows a EURCAD backtest with default settings, notice that only certain trading hours are profitable.

Oh, I thought you know me by now… What about some kind of Volume-Weighted MA? You already recognize the power of VZO, Tick-Volume, etc.

G.

Oh, I thought you know me by now… What about some kind of Volume-Weighted MA? You already recognize the power of VZO.

G.

No, it’s not. If you read and use Gadi_Currencies @FF, those are the exact examples that are given years ago.

The rule I gave is valid and accurate, and simplex proved it in one of his latest post.

The same logic that trade strong currency against weaker one can be applied to falling strong currency against rising weaker currency.

The only…[Read more]

I do trade my rules, I just gave only one rule of using Currency-Strength indicator.

With my indicator I can also trade Counter-Trends with high accuracy and low risk, I’m not so sure it can be done with other indicators, since I haven’t seen a good one yet.

G.

Strangely enough, above pics show  predictive indicator and not a lagging one…

Quite amazing, since it’s on H4 TF, i.e. 4 hours advanced prediction… so don’t let the facts confuse your theories…

G.

Strangely enough, above pics show  predictive indicator and not a lagging one…

Quite amazing, since it’s on H4 TF, i.e. 4 hours advanced prediction… so don’t let the facts confuse your theories…

G.

Strangely enough, above pics show  predictive indicator and not a lagging one…

Quite amazing, since it’s on H4 TF, i.e. 4 hours advanced prediction…

G.

Strangely enough, above pics show  predictive indicator and not a lagging one…

G.

There is no “definition” issue between us, just the way what and how you implement things in order to overcome “lag”, and make your indicator a predictive one.

If you use ONLY price-action in your calculations and considerations, your indicator will  ALWAYS be lagging and you’ll always chase Price-Action.

Here is a sample of non-lag,…[Read more]

There is no “definition” issue between us, just the way what and how you implement things in order to overcome “lag”, and make your indicator a predictive one.

If you use ONLY price-action in your calculations and considerations, your indicator will  ALWAYS be lagging and you’ll always chase Price-Action.

Here is a sample of non-lag,…[Read more]

There is no “definition” issue between us, just the way what and how you implement things in order to overcome “lag”, and make your indicator a predictive one.

If you use ONLY price-action in your calculations and considerations, your indicator will  ALWAYS be lagging and you’ll always chase Price-Action.

Here is a sample of non-lag,…[Read more]