gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
Count the pips change for each currency pair, and add it to that CURRENCYtotal.
Example:
If EURUSD is UP by 5 pips than EURtotal=EURtotal+5 and USDtotal=USDtotal-5.
Repeat the above for all currency pairs.
To view the flow ROC (Rate of Change) – show only the total change from previous total (Adding +/- for relevant direction).
You can al…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
Count the pips change for each currency pair, and add it to that CURRENCYtotal.
Example:
If EURUSD is UP by 5 pips than EURtotal=EURtotal+5 and USDtotal=USDtotal-5.
Repeat the above for all currency pairs.
To view the flow ROC (Rate of Change) – show only the total change from previous total (Adding +/- for relevant direction).
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
Count the pips change for each currency pair, and add it to that CURRENCYtotal.
Example:
If EURUSD is UP by 5 pips than EURtotal=EURtotal+5 and USDtotal=USDtotal-5.
Repeat the above for all currency pairs.
To view the flow ROC (Rate of Change) – show only the total change from previous total.
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
Count the pips for each currency pair.
Example:
If EURUSD is UP by 5 pips than EURtotal=+5 and USDtotal=-5.
Repeat the above for all currency pairs.
To view the flow ROC (Rate of Change) – show only the total change from previous.
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
Here is another example:
EURJPY/EURUSD=USDJPY
Real-time Chart EURJPY on EURUSD. EURJPY is inversed according to the above formula.
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
Here is another example:
EURJPY/EURUSD=USDJPY
Chart from current realtime. EURJPY is inversed according to the above formula.
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
Here is another example:
EURJPY/EURUSD=USDJPY
Chart from current realtime, EURJPY is inversed according to the above formula.
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
Here is another example:
EURJPY/EURUSD=USDJPY
Chart from current status, EURJPY is inversed according to the above formula.
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
Here is another example:
EURJPY/EURUSD=USDJPY
Chart from current status, EURJPY is inversed according to the above formula.
G.
gg53 started the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
The Forex Plumber
Over the years I developed many Indies & EA’s.
I recently reveiewd the ones that I consistantly use and keep developing.Tool #1:
I went to the Forex market and installed 7 pipes – one to each major currency.
I also put a meter on each pipe to monitor the pips flow amount (and direction +/-) to/from each currency from day…[Read more]gg53 started the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
The Forex Plumber
Over the years I developed many Indies & EA’s.
I recently reveiewd the ones that I consistantly use and keep developing.Tool #1:
I went to the Forex market and installed 7 pipes – one to each major currency.
I also put a meter on each pipe to monitor the pips flow amount (and direction +/-) to/from each currency from day…[Read more]gg53 started the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
The Forex Plumber
Over the years I developed many Indies & EA’s.
I recently reveiewd the ones that I consistantly use and keep developing.Tool #1:
I went to the Forex market and installed 7 pipes – one to each major currency.
I also put a meter on each pipe to monitor the pips flow amount (and direction +/-) to/from each currency from day…[Read more]gg53 started the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
The Forex Plumber
Over the years I developed many Indies & EA’s.
I recently reveiewd the ones that I consistantly use and keep developing.Tool #1:
I went to the Forex market and installed 7 pipes – one to each major currency.
I also put a meter on each pipe to monitor the pips flow amount (and direction +/-) to/from each currency from day…[Read more]Saver0 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 10 months ago
Sorry for the late reply. If your broker doesn’t comply with anti-hedging rules and if you know how to hedge properly, sure, why not!

I’m using Oanda (based in USA) so I cannot long and short the same currency. Since this is the case, I cannot hedge properly.
There are many hedging techniques and that is not the focus of this thread

gg53 replied to the topic Forex Tri-Arb signals as predictors of price in the forum General Discussions 10 years, 10 months ago
There is a well known fact that this method is used by Banks with direct market access and HFT triangular arbitrage.
BUT… there is a a little known secret that DOES still work for the “little guy”:
Using the triangular arbitrage method on emerging markets currencies and/or between emerging markets currencies and developed markets…[Read more]
Saver0 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 10 months ago
Excellent! Way to be consistent. Keep it around 1% gain per day and you should be solid

Nice work to you as well Balrog

Saver0 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 10 months ago
Yea, I know the feeling

Here is a good practice. For every trade we have a good odd of price hitting the TP within 24 hours (~94%) but for whatever reason, soon after you placing the order you realize that you violated one of the rules. Close the trade no matter if its in profit or loss (most likely in a loss). Soon you should see that the…[Read more]
Saver0 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 10 months ago
Yea, I know the feeling

Here is a good practice. For every trade we have a good odd of price hitting the TP within 24 hours (~94%) but for whatever reason, soon after you placing the order you realize that you violated one of the rules. Close the trade no matter if its in profit or loss (most likely in a loss). Soon you should see that the…[Read more]
Saver0 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 10 months ago
Yea, the start date/time of the account was a little off. I had closed trades in there from a previous system. I uploaded a screenshot reflecting trades just based on this system. Average duration dropped to about 2hrs. I have a few bad habits so I had a few “bad entries” where I had to wait 4-6hrs for that really threw off those short quick…[Read more]
Saver0 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 10 months ago
I’m working on a couple of indicators based on multi currency money flow. Don’t have anything significant yet worth sharing

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