gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 7 months ago
My way of trading:
1. Decide on currency pair based on currency-strength indie.
2. when having multiple choices based on above – I trade the best ROC.
So, in conclusion, I suggest you build plain Currency-Strength and add a ROC as an extra feature alongside it or as separate companion indie.
If you base your plain Currency-Strength indie on…[Read more]
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 7 months ago
Good job, pipatronic !! (maybe we should make some Skype meeting where I explain the indie to you, and you’ll create the VIDEO)
Few remarks:
1. the GBP should be traded as SHORT (against any currency that is rising from below the zero line) once it breaks the dynamic OB dotted line – this is a retracement trade and should be short trade and p…[Read more]
gg53 replied to the topic VIDEO in the forum General Discussions 10 years, 7 months ago
Good job !!
Few remarks:
1. the GBP should be traded as SHORT (against any currency that is rising from below the zero line) once it breaks the dynamic OB dotted line – this is a retracement trade and should be short trade and protected by small TrailingStop ASAP.
2. General rule: you can trade LONG on any currency that breaks the previous…[Read more]
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 7 months ago
Market share: you’re talking about percent change, but I think the algo is calculating pips change…
G.
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 7 months ago
The whole purpose of the CS indie is to provide a certain degree of predictive view of a pair movement and an overall view of the market.
BTW: the USDJPY posted screenshot has a filename “USDJPY.M5″…
G.
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 7 months ago
Watch the USDJPY (green/yellow at the yellow vertical line) behaviour according to your indicator (default params):
It’s going against your indie… someting is wrong…
G.
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 7 months ago
I had some experience with FXCorrelator since I assisted in its developmented at some point in the past.
Since this indicator has no specific “anchor” (either certain date/time or external fixed value) it will not sum up to “0” or “1” – because everything is floating and relates to one another – instead of relating to some “fixed” mutual…[Read more]
gg53 replied to the topic A Flexible And Compact Currency Strength Indicator in the forum Trading Systems Discussion 10 years, 7 months ago
I had some experience with FXCorrelator since I assisted in its developmented at some point in the past.
Since this indicator has no specific “anchor” (either certain date/time or external fixed value) it will not sum up to “0” or “1” – because everything is floating and relates to one another – instead of relating to some “fixed” mutual…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 7 months ago
Not this week… We have our Jewish holiday “Rosh-Hashana” which is the Jewish New-Year.
I have gazilion guests for this weekend and the start of coming week – so it seems that they “won”….
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 7 months ago
Not this week… We have our Jewish holiday “Rosh-Hashana” which is the Jewish New-Year.
I have gazilion guests for this weeken and start of coming week – so it seems that they “won”….
G.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 7 months ago
We passed the 100 trades and closed the week…
Auto EA (one pip compounding strategy) on Real live acount (from 28 July, 2015), on 4 currency pairs.
All “loss” trades (5) are actualy in pips profit, but lost due to swap (rollover).
104 trades, avg. 2.7 trades/day.
95.19% winning trades, 1.15% DD.
Account opened with $275 . Current equi…[Read more]
xux99 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 7 months ago
The attached version should work on newer Metatrader builds.
xux99 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 7 months ago
The attached version should work on newer Metatrader builds.
xux99 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 7 months ago
The attached version should work on newer Metatrader builds.
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 7 months ago
1. Still using that EA concept, with improved underlying indies.
.
.
4. ForexGT_Activity is an advanced version and not shared. Use Gadi_OBV and look for Peak/Trough. That’s where the wealthy man or “Elephant” going to drink or pee…
5. Extremes can be DailyHigh, SupDem, Gadi_OBV Peak/Trough, etc. Avoid those areas for this strategy by at…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 7 months ago
1. Still using that EA concept, with improved underlying indies.
.
.
4. ForexGT_Activity is an advanced version and not shared. Use Gadi_OBV and look for Peak/Trough. That’s where the wealthy man or “Elephant” going to drink or pee…
5. Extremes can be DailyHigh, SupDem, etc. Avoid those areas for this strategy by at least 4xTrailingStop…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 7 months ago
Trading two currencies “Cross” is Ok – but way too late… Same as MA’s “cross”.
Also, currencies that move in opposite direction might not “cross” each other – causing a miss of perfect opportunity.
Here are the GBPJPY (Red/Yellow) from the last minutes, coming out from the dynamic Overbought/Oversold areas.
also, the NZDJPY…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 7 months ago
1. There is no EA that was made by me in FF, nor one that I endorsed there.
2. The EA that I’m using here for the “1 pip compounding…” has 3 pips TrailingStop (in order to cater for spread, and maybe catch more pips…).
3. That EA is opening trades based on M5 TF. M1 should confirm same direction in both Currency-Strength and Volume.
4.…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 7 months ago
1. There is no EA that was made by me in FF, nor one that I endorsed there.
2. The EA that I’m using here for the “1 pip compounding…” has 3 pips TrailingStop (in order to cater for spread, and maybe catch more pips…).
3. That EA is opening trades based on M5 TF. M1 should confirm same direction in both Currency-Strength and Volume.
4.…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 7 months ago
1. There is no EA that was made by me in FF, nor one that I endorsed there.
2. The EA that I’m using here for the “1 pip compounding…” has 3 pips TrailingStop (in order to cater for spread, and maybe catch more pips…).
3. That EA is opening trades based on M5 TF. M1 should confirm same direction in both Currency-Strength and Volume.
4.…[Read more]
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