Gadi_NormalizedVolume is an HISTOGRAM, and as such it ALWAYS start at the same “0” level – so it’s always goes as horizontal, while he chart can go in diagonal way.

Volume level doesn’t directly relate to the absolute position on the chart, or “river bed”. It relates to the amount of a specific bar. It’s the same as RSI, CCI, Stochastic, etc,…[Read more]

When water level resides, the river returns to it’s original river bed. It rarely creates a “new” river bed.

G.

Close, but not quite… M30 should extend past the already closed H1, M15 should extend to the already closed M30, etc…

By your screenshot:

When M5 broke the M15 it was time to enter a quick counter-trend LONG trade.

The overall sentiment is DOWN.

With std. Volume, the market will return to the M30/M15 range.

G.

When M5 broke the M15 it was time to enter a quick counter-trend LONG trade.

The overall sentiment is DOWN.

With std. Volume, the market will return to the M30/M15 range.

G.

When M5 broke the M15 it was time to enter a quick counter-trend LONG trade.

The overall sentiment is DOWN.

G.

No.

G.

A/M = Above Mentioned.

For Absolute CS with anchor (Date, Bars, or other) you calculate the accumulated increase/decrease, in percent, or each related currency pair.

Example: For USD you calculate the 1/EURUSD, 1/GBPUSD, USDCAD, USDJPY, etc… total increase from the anchor.

My prefered anchor is last week close (i.e. Friday…[Read more]

A/M = Above Mentioned.

For Absolute CS with anchor (Date, Bars, or other) you calculate the accumulated increase/decrease, in percent, or each related currency pair.

Example: For USD you calculate the 1/EURUSD, 1/GBPUSD, USDCAD, USDJPY, etc… total increase from the anchor.

G.

A/M = Above Mentioned.

For Absolute CS with anchor (Date, Bars, or other) you calculate the accumulated increase/decrease, in percent, or each related currency pair.

Example: For USD you calculate the 1/EURUSD, 1/GBPUSD, USDCAD, USDJPY, etc… total increase.

G.

CS(0)-CS(1) (or its variation) calculations will give you RELATIVE Currency Strength.

To get ABSOLUTE Currency Strength you need some external “anchor”, such as specific date, xx history bars, or external reference such as related index.

Using both A/M indies will give you a “lethal weapon”…

G.

CS(0)-CS(1) calculations will give you RELATIVE Currency Strength.

To get ABSOLUTE Currency Strength you need some external “anchor”, such as specific date, xx history bars, or external reference such as related index.

Using both A/M indies will give you a “lethal weapon”…

G.

My “problem” with Donchian channels:

Donchian channels are based of Highest/Lowest of xx bars ago. Let’s assume xx=10.

If we use it on M5: what is the significance of 50 minutes ago ?!?! why not 52? why not 45?

If we use it on M15: what is the significance of 150 minutes ago ?!?! why not 170? why not 149?

etc…

etc…

So basically it’s an…[Read more]

My “problem” with Donchian channels:

Donchian channels are based of High/Low xx bars ago. Let’s assume xx=10.

If we use it on M5: what is the significance of 50 minutes ago ?!?! why not 52?

If we use it on M15: what is the significance of 150 minutes ago ?!?! why not 170?

etc…

etc…

So basically it’s an artificial, man made, arbitrary…[Read more]

Yes, Sorry about that mistake. It’s impossible to close BELOW the Low…

G.

Yes, Sorry about that mistake.

G.

Yes.

CS is displayed as line indicator and the ROC of each is displayed as a sorted text, to the right of the same indicator window.

Visually, the ROC is the “angle” of each currency.

G.

BB is just what it is… A simple moving average with its std. deviation.

The only “meaningfull” I got out of it is the BB squeeze, which means flat or ranging market.

But than can be achieved by just looking at the flat angle of the MA…

G.

Basically no. It’s just depends when the retracement started before bar close.

G.

My statement doesn’t relate to previous bar.

The CLOSE must be lower than the HIGH, suggesting that there is not enough “power” to continue in that direction and price fell from its High.

The opposite is true for DownTrend.

G.

My statement doesn’t relate to previous bar.

The CLOSE must be lower than the HIGH, suggesting that there is not enough “power” to continue in that direction and price fell from its High.

G.