Saver0 replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 10 years, 11 months ago
Yes Hannele, that’s where they crossed.
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xux99 replied to the topic Stairstep Breakouts indicator and EA in the forum Trading Systems Discussion 10 years, 11 months ago
I can backtest it with no problems. Make sure you have complete M1 historical data.
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Saver0 started the topic Currency Basket Price in the forum Indicator discussion 10 years, 11 months ago
Hi all,
I put this indicator together to be used for basket trading but it ended up being something more. It’s tricky to get the right results but this is how I was using it before:
http://penguintraders.com/forums/topic/currency-strength/page/4/#post-5464 -
Saver0 replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 10 years, 11 months ago
Thanks for getting me back into this guy.. I had an idea of looking at the “Currency Multi Power” charts for multiple USD pairs on the same chart and coming up with some way of giving me alerts. I haven’t spent too much time on it. Next week hopefully I will get to tweak it a bit more and make something useful to give me good entries.
So attached…[Read more]
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Saver0 replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 10 years, 11 months ago
Thanks for getting me back into this guy.. I had an idea of looking at the “Currency Multi Power” charts for multiple USD pairs on the same chart and coming up with some way of giving me alerts. I haven’t spent too much time on it. Next week hopefully I will get to tweak it a bit more and make something useful to give me good entries.
So attached…[Read more]
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MTH2014 replied to the topic MTH Renko Builder Indicator in the forum Indicator discussion 10 years, 11 months ago
Hi brother, you may search in this thread to the latest build 765 renko chart builder. and yes the time is not correctly synchronize in MT4 environment, but you could correct this by refreshing the base chart.
hope it help and best regards.
MTH
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gg53 replied to the topic How to: Creation of Fractal Arrow Indi in the forum
Fractal Arrow Prediction 10 years, 11 months agogg53 wrote:
You can’t predict future price. But you can predict at what future price the MA (just an example) will start to turn or will go flat. Same goes to RSI, Stochastic, CCI, StdDeviation, etc. G.OK, could you please give example on CCI or MA ? Thanks
Simple Average formula is: Sum(1…n)/n
Example:
(1+2+3+4+5)/5 = 3…[Read more]
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gg53 replied to the topic How to: Creation of Fractal Arrow Indi in the forum
Fractal Arrow Prediction 10 years, 11 months agoSimple Average formula is: Sum(1…n)/n
Example:
(1+2+3+4+5)/5 = 3
Now we want to know what future number will cause this “uptrend” to go flat or move down.
This mean that:
(1+2+3+4+5+x)/6 <= 3
This one is easy to solve…
G.
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gg53 replied to the topic How to: Creation of Fractal Arrow Indi in the forum
Fractal Arrow Prediction 10 years, 11 months agoYou can’t predict future price.
But you can predict at what future price the MA (just an example) will start to turn or will go flat.
Same goes to RSI, Stochastic, CCI, StdDeviation, etc.
G.
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gg53 replied to the topic How to: Creation of Fractal Arrow Indi in the forum
Fractal Arrow Prediction 10 years, 11 months agomuuh wrote:
Ah now I think I got it. I calculate the “reversed” MA and when my algo gives me the signal but the price needs to fall to much on the next bar for the MA to change direction I don’t give a signal. Or the other way around. The price doesn’t need to fall much for the market to change the direction of the MA so we probably don’t h… -
gg53 replied to the topic How to: Creation of Fractal Arrow Indi in the forum
Fractal Arrow Prediction 10 years, 11 months agoThe MA was just an example, but you can “predict” many other indies behaviour if you “reverse” their function.
G.
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gg53 replied to the topic How to: Creation of Fractal Arrow Indi in the forum
Fractal Arrow Prediction 10 years, 11 months agoLeave the Database as is…
This should be done in real-time, by the algo, otherwise it will be too late and on the bar CLOSE, while doing it in real-time it can be done immediatly.
G.
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gg53 replied to the topic How to: Creation of Fractal Arrow Indi in the forum
Fractal Arrow Prediction 10 years, 11 months agoA/M = Above Mentioned…
I didn’t say anything about changing the database, nor about “reversing” your algo.
Just add another parameter to your algo that influence your prediction based on direction change.
G.
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gg53 replied to the topic How to: Creation of Fractal Arrow Indi in the forum
Fractal Arrow Prediction 10 years, 11 months agoLeave the DB alone…. {-;
What if you add to your algo a Direction-Change “prediction”, based on the A/M example?
You already know at what price the direction is going to change – add this to the probabilities.
G.
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gg53 replied to the topic Currency strength expert advisor in the forum Trading Systems – Development 10 years, 11 months ago
Instead of absolute Currency-Strength Delta trade entry, which, in many cases, results in reversals – you should use Currency-Strength ROC (Rate of Change).
Select Currencies with positive ROC against those with negative ROC.
Using this method will hold for much longer time and less prone to reversals.
G.
Edit: in response to several S…[Read more]
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gg53 replied to the topic Currency strength expert advisor in the forum Trading Systems – Development 10 years, 11 months ago
Instead of absolute Currency-Strength Delta trade entry, which, in many cases, results in reversals – you should use Currency-Strength ROC (Rate of Change).
Select Currencies with positive ROC against those with negative ROC.
Using this method will hold for much longer time and less prone to reversals.
G.
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gg53 replied to the topic How to: Creation of Fractal Arrow Indi in the forum
Fractal Arrow Prediction 10 years, 11 months agoLooks good and on the correct path !
Such progress deserves one “extra” tip:
Have you thought about “reversing” the function?
Example:
Let’s say that you have a function that draws MA according to PA, and the current direction of that MA is UP.
Can you “reverse” that function and tell at what FUTURE price that MA will start to point…[Read more]
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Saver0 replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 10 years, 11 months ago
I will end for today with the following screenshot
This indicator tends to compress near the limits similar to that of Stochastic indicator because this is a % based indicator. Sometimes it can show divergence really well. Based on one setting, its showing Long biased divergence on EU. But if you look at higher time frames, then its not there and…[Read more]
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Saver0 replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 10 years, 11 months ago
I will end for today with the following screenshot
This indicator tends to compress near the limits similar to that of Stochastic indicator because this is a % based indicator. Sometimes it can show divergence really well. Based on one setting, its showing Long biased divergence on EU. But if you look at higher time frames, then its not there and…[Read more]
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Saver0 replied to the topic Currency Strength/Power/Value Indicator in the forum Indicator discussion 10 years, 11 months ago
This is excellent work! Same to you Arthur and GG53 as always
Here is an example of how I would think of trading with something like this. Take your regular size order, lets say its .20 lots.. now break it up into 20 parts so .01 lots each.
When the trend is defined (1), start placing 0.01 orders in the direction of the trend. In t…[Read more] - Load More
Hi Brother
I saw the Gadi volume indi and would appreciate if it could be shared.
Thanks a lot for the great work.