gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
Again, I fail to see the issue…
The “Crossing” means nothing, only the relative movement of one pair in relation to the other.
Your signal, in the EURUSD & GBPUSD overlay case, is when GBPUSD is going UP/DOWN while the EURUSD stays flat or going in the opposite direction.
The logic behind trading the overlay is to neutralize the USD and…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
Again, I fail to see the issue…
The “Crossing” means nothing, only the relative movement of one pair in relation to the other.
Your signal, in the EURUSD & GBPUSD overlay case, is when GBPUSD is going UP/DOWN while the EURUSD stays flat or going in the opposite direction.
The logic behind trading the overlay is to neutralize the USD and…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
Again, I fail to see the issue…
The “Crossing” means nothing, only the relative movement of one pair in relation to the other.
Your signal, in the EURUSD & GBPUSD overlay case, is when GBPUSD is going UP/DOWN while the EURUSD stays flat or going in the opposite direction.
The logic behind trading the overlay is to neutralize the USD and…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
Again, I fail to see the issue…
The “Crossing” means nothing, only the relative movement of one pair in relation to the other.
Your signal, in the EURUSD & GBPUSD overlay case, is when GBPUSD is going UP/DOWN while the EURUSD stays flat or going into the opposite direction.
The logic behind trading the overlay is to neutralize the USD and…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Here are the results on live account of last ~2 days. Without Lots compounding.
Logic is based on ForexGT_Spaghetti (Currency strength) and ForexGT_TickVolume indies.
Main targets are minimal time in market (currently most trades are closed within few M15 bars) and minimal DD (currently 0.03%).
Only one open trade per currency pair, fixed 3…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Here are the results on live account of last ~2 days. Without Lots compounding.
Logic is based on ForexGT_Spaghetti (Currency strength) and ForexGT_TickVolume indies.
Only one open trade per currency pair, fixed 3 pips trailing stop, 24/5 hrs trading.
Currently running backtest for one year. Although not indicative, it will show problematic…[Read more]
gg53 replied to the topic Nature of Markets – Power of Probability, Compounding & 1pip in the forum Trading Systems Discussion 10 years, 9 months ago
Here are the results on live account of last ~2 days. Without Lots compounding.
Logic is based on ForexGT_Spaghetti (Currency strength) and ForexGT_TickVolume indies.
Only one open trade per currency pair, fixed 3 pips trailing stop, 24/5 hrs trading.
Currently running backtest for one year. Although not indicative, it will show problematic…[Read more]
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 9 months ago
I’m not sure that I understood you, but I’m limiting the display to the last xxx bars. In my case the overlay is limited to last 300 bars.
I have no problem of displaying 4 different overlays on a single chart.
This is usually done to catch and pinpoint single currency movement.
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
By scaling:
“symbol_name” is the overlay currency pair.
double max_scale=iClose(symbol_name,0,1);
double min_scale=iClose(symbol_name,0,1);
double max_scale2=Close[1];
double min_scale2=Close[1];
while(k>=0)
{if (max_scale<iClose(symbol_name,0,k)) max_scale=iClose(symbol_name,0,k);
if (min_scale>iClose(symbol_name,0,k))…[Read more]gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
I believe I uploaded this one ages ago in @FF…
G.
gg53 replied to the topic The Forex Plumber in the forum Trading Systems Discussion 10 years, 10 months ago
It doesn’t matter on which TF you update, since M5 is accumulation of 5 M1.
The result will be the same, rhe only difference will be the rate of data updates.
Pip value depends on the currency pair and you can find that in marketinfo.
That info is only for reference value in order to make all pips translate to comon denominator in the currency total.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 (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.
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