The “ForexGT Spaghetti” is an improvement on the “Gadi Currencies” (currently not shared). You can use it – it’s good enough and you got many screenshots on how to use.

EURUSD * USDJPY = EURJPY, so why do you need it?

G.

The ForexGT Spaghetti” is an improvement on the “Gadi Currencies” (currently not shared). You can use it – it’s good enough and you got many screenshots on how to use.

EURUSD * USDJPY = EURJPY, so why do you need it?

G.

I think you misunderstood my meaning.

Assume 10 pips Renko bar.

Price goes up 8 pips after a closed up box, you go long on the close, and than price goes down 18 pips, closing a new down box. Lost trade.

on the previous example – you waited for the down close box, and entered a short trade. Price goes down 8 pips, then up 18 pips. another…[Read more]

I think you misunderstood my meaning.

Assume 10 pips Renko bar.

Price goes up 8 pips after a closed up box, and than down 18 pips, closing a new down box. Lost trade.

on the previous example – you waited for the down close box, and entered a short trade. Price goes down 8 pips, then up 18 pips. another lost trade.

G.

Happy to see you give life back to this thread my friend! Keep it up

There is only one problem with the above charts.

Many times the price goes above/below the current “box”, doesn’t complete the xx box pips, and goes into the opposite direction.

Those movements are not shown on Renko chart in retrospect – but causes a false trade entry in real-time.

G.

Sorry for the (very) late reply…

You should also consider the fact that great Technical Analysts are bad traders… ;-}

G.

“Long time no see …”

That’s because threads here tend to duplicate and spread all over… that’s not a complaint (I know that Saver is busy with other things) – but I find it hard to follow.

Furthermore, most members here doesn’t share source-code (MQ4), and I’m not downloading nor using any “blackboxes” (EX4).

So I’m concentrating on my…[Read more]

“Long time no see …”

That’s because threads here tend to duplicate and spread all over… that’s not a complaint (I know that Saver is busy with other things) – but I find it hard to follow.

So I’m concentrating on my own group forum.

The “Killing Zone” thread is only good if you read it from start to finish, and try to understand the…[Read more]

RIGHT !

USD current behaviour and STRENGTH in those 7 Majors is THE key to succesfull trading.

1. Tell me the current prices of those 7 Majors, and I’ll tell you what’s the price of each one of the other 21 Crosses… whithout even looking at any chart.

2. Tell me the USD direction and STRENGTH – and I’ll know almost everything there is to k…[Read more]

RIGHT !

USD current behaviour and STRENGTH in those 7 Majors is THE key to succesfull trading.

1. Tell me the current prices of those 7 Majors, and I’ll tell you what’s the price of each one of the other 21 Crosses… whithout even looking at any chart.

2. Tell me the USD direction and STRENGTH – and I know almost everything there is to k…[Read more]

RIGHT !

USD current behaviour and STRENGTH in those 7 Majors is THE key to succesfull trading.

Tell me the current prices of those 7 Majors, and I’ll tell you what’s the price of each one of the other 21 Crosses… whithout even looking at any chart.

Tell me the USD direction and STRENGTH – and I know almost everything there is to know a…[Read more]

USD effect impact all major currencies in chain reaction, (that’s my boob oops.. i mean noob translation..lol). so, looking for ‘currencies share power’ ratio will also could measure each ‘strength’ impact.  

MTH

Hi Brother, Thank You for Your Posting, Appreciation, and also Contribution to our community here in Penguins Trader Forum.

Please forgive me for this late reply and my bad English, hopefully You could understand.

About your current version indicator, it will work correctly for brokers with  4 digits and 2 digits JPY,  but will not work w…[Read more]

Hi Brother, Thank You for Your Posting, Appreciation, and also Contribution to our community here in Penguins Trader Forum.

Please forgive me for this late reply and my bad English, hopefully You could understand.

About your current version indicator, it will work correctly for brokers with  4 digits and 2 digits JPY,  but will not work w…[Read more]

Main Forex currencies = 8

Those make 28 currency pairs.

Among those 28 pairs are 7 Majors, the rest (crosses) are math depended on those 7 Majors, and their price is known from the majors (example: EURUSD / GBPUSD = EURGBP)

Among those 7 major pairs – the USD exist in each and every one of them.

Draw your conclusions from the…[Read more]

Main Forex currencies = 8

Those make 28 currency pairs.

Among those 28 pairs are 7 Majors, the rest (crosses) are math depended on those 7 Majors, and their price is known from the majors (example: EURUSD / GBPUSD = EURGBP)

Among those 7 major pairs – the USD exist in every one of them.

Draw your conclusions from the…[Read more]

Main Forex currencies = 8

Those make 28 currency pairs.

Among those 28 pairs are 7 Majors, the rest are math depended on the 7 Majors and their price is known from the majors (example: EURUSD / GBPUSD = EURGBP)

Among those 7 major pairs – the USD exist in every one of them.

Draw your conclusions from the above.

G.

Oh wow! Didn’t know bats could be so cute! haha

Forex trading is really simple.

All you have to do is TRULY understand and solve a 7 parameters math function.

That’s it.

G.