Hi Brother, Yes SnS with Smiley still in testing phase for couple months.. so far so good..

Maybe when I think the final version already stable, I will share it with ‘selected’ Brothers and Sisters here by asking demo account number so I can create personalized version. Honestly I don’t want to share it freely to the whole world..lol.  I don’t…[Read more]

Hi Brother, sorry for make you trouble because of the file don’t work normally..

you could download again with rar version from this post..

Hope it help and best regards

MTH

Great Discussion,  Subscribed.

My Kindergarten calculation that maybe totally wrong.

If we add  USDJPY/100  with  USDEUR (MathPow(EURUSD,-1))  don’t we get = 2 USD, 1 JPY and 1 EUR ..lol.. ???

and if we subtract the 2USD 1 JPY and 1 EUR with  JPYEUR (MathPow(EURJPY,-1)/100) don’t we get = 2 USD .. ?

mmm.. then we divided by 2 to get o…[Read more]

Great Discussion,  Subscribed.

My Kindergarten calculation that maybe totally wrong.

If we add  USDJPY/100  with  USDEUR (MathPow(EURUSD,-1))  don’t we get = 2 USD, 1 JPY and 1 EUR ..lol.. ???

and if we subtract the 2USD 1 JPY and 1 EUR with  JPYEUR (MathPow(EURJPY,-1)/100) don’t we get = 2 USD .. ?

mmm.. then we divided by 2 to get o…[Read more]

Thanks a lot for the links everybody! And a special thanks to Simplex for starting a detailed discussion.

First, let me answer your question.

I was using news release as an example of what I’m thinking about. To make it simple, let’s imagine we only have 4 major currencies, EUR, USD, GBP, JPY. So the pairs are: EURUSD, EURGBP, EURJPY, GB…[Read more]

Thanks a lot for the links everybody! And a special thanks to Simplex for starting a detailed discussion.

First, let me answer your question.

I was using news release as an example of what I’m thinking about. To make it simple, let’s imagine we only have 4 major currencies, EUR, USD, GBP, JPY. So the pairs are: EURUSD, EURGBP, EURJPY, GB…[Read more]

Hi Brother , sorry for late reply.  In My Renko Builder Indicator (b700+ version) wick is not working correctly, so the default is false,  and yes there still wick but only for current candle.. please forgive me about that,  I still don’t have time to update this indicator due to so many other jobs..lol.

As I notice from your screenshot, do yo…[Read more]

Hi Brother, Thank You for your info,  It’s look like when I upload this EA to this thread, somehow this forum upload program change the original name by adding extra dash to her name..lol

just like when upload indicators with special character on their name it also truncated..

Well you could rename your downloaded EA to be exactly like this  :…[Read more]

I started working on the indicator yesterday and I think I finished to put this theory into test. Feel free to join the discussion here
http://www.penguintraders.com/forums/topic/currency-strength/

I will make a separate thread when I decide to share this indicator.

Excellent results my friend!!  I’m very happy to see that you have put it to good use. Please keep making updates whenever you get a chance. I’m sure we all would love to see how you use it.

I’m making another value/strength based indicator as I’m writing this. I will make a separate thread for it. I think the theory makes very good…[Read more]

Hi Brother,   Yes the calculation to obtain OHLC value of course exactly same, because that the only values we have,  the significant different is;   Heiken Ashi only calculate previous and current TF candle to form Heiken Ashi candle, while OHLC MA calculate any period in Multiple Time Frame and the most important thing is, the static MTF fun…[Read more]

Lol.. this is just old dog trick,  just candle body engulfing, and this is part of my Geometrical Charting that never going public before.. (still don’t have time to create new video),  this is great for higher TF  but for this example I just use EURUSD M15.

PS.  Brother GG53  please forgive me if I answer off topic questions here..  and pleas…[Read more]

Hi Brother,  100% definitely big Yes…

If you ‘see’ my shared videos about geometrical charting,  I don’t use any Indicators there… just ‘angle lines’..

or  I could trade in correct direction only with comparing 2 candles,

So, all you need is ‘understand’ your tools in relation with how the market work.  Even with only solid Money Man…[Read more]

Hi Brother, this is Force MA histo,    comparing bull force  ( High – Open) + (Close – Low) and bear force (Low – Open) + (Close – High)..

Hope it help and best regards

MTH

Also in addition to what I said before. We don’t necessarily have to look only at news event. Pretty much any place on the chart where we see spikes, I think we should be able to use to measure the currency strengths. Because if there is a spike on EURUSD, others should have the same spike as well, all the EUR___ pairs and USD___ pairs.

This is very good! I have been trading in a similar fashion as well using pivots and simple trend reading and a bit of bull/bear strength analysis in key S/R levels to see to which direction the strength is. Works pretty well I think but have to really take the time to do a proper unbiased analysis because its easy for the brain to be biased and…[Read more]