gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 2 months ago
Ea Status:
Still missing Functions/Modules:
1. MySentiment – User Parameter implementation
2. Currency-Strength – Issue not yet concluded, which CS indicator to use or its parameters.
Finished/Closed issues:
ClearMethod (CM) – Use simplex HTF CM histogram
VZO – use VZO indicator latest version, still need suggestions for stable p…[Read more]
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 2 months ago
Ea Status:
Still missing Functions/Modules:
1. MySentiment – User Parameter implementation
2. Currency-Strength – Issue not yet concluded, which CS indicator to use or its parameters.
Finished/Closed issues:
ClearMethod (CM) – Use simplex HTF CM histogram
VZO – use VZO indicator latest version, still need suggestions for stable p…[Read more]
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 2 months ago
Ok with me, as long as each module/Function is stand-alone and the logic is easily inserted within it, and the return value remains the same.
G.
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 2 months ago
Ok with me, as long as each module/Function is stand-alone and the logic in easily inserted within it, and the return value remains the same.
G.
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 2 months ago
Ok with me, as long as each module/Function is stand-alone and theat logic in easily inserted within it, and the return value remains the same.
G.
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 2 months ago
Wrong.
1. ClearMethod is on current TF, consulting Higher TF’s for overall Trend.
2. Currency-Strength is on current TF, (optionally consulting LOWER TF for same direction confirmation).
3. VolumeOsc (or VZO) is on current TF only.
G.
gg53 replied to the topic Trading made REALLY Simple in the forum Development 10 years, 2 months ago
Agree.
Check once and use RefreshRates() before each entry (OrderSend(…).
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
Detailed FACTS doesn’t really matter.
Semantics, Point of View, and Perspective is all that matter.
I’m gone too – to reflect on other “perspectives”…
Good luck and Green Pips.
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
In real-life, I stay away from any kind of MA. It was just an example to show that your categoric statement is mathematically wrong.
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
1. Volume is NOT price. In Forex, Volume is market activity – the number of transactions that causes a price to move.
2. Perspective and point of view can differ. Facts can’t.
3. Indicator can “Indicate” coming event – or just follow price-action in a lagging manner, which make it useless. For that purpose you should use chart candles…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
MA(3) uses only the last 3 values. That’s why it’s called “Moving Average”…
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
It’s NOT semantics.
What’s the point in creating new indicator if you are just chasing price-action?
What’s the point of using just RSI (another Price-Action, and VERY lagging. BTW:CCI is better and faster for that purpose) to model Currency-Strength?
If you are into 30-40% of long-term trend, you don’t need all those fancy…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
It’s NOT semantics.
What’s the point in creating new indicator if you are just chasing price-action?
What’s the point of using just RSI (another Price-Action, and VERY lagging. BTW:CCI is better and faster for that purpose) to model Currency-Strength?
If you are into 30-40% of long-term trend, you don’t need all those fancy…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
It’s NOT semantics.
What’s the point in creating new indicator if you are chasing just price-action?
What’s the point of using just RSI (another Price-Action, and VERY lagging) to model Currency-Strength?
If you are into 30-40% of long-term trend, you don’t need all those fancy indicators.
The facts in FX market are:
Volume precede Price…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
Oh, really?
Price(t1) = 6, Price(t2)=7 —> Diff=1.
MA(t1)={4,5,6), MA(t2)={4,5,6,7) —> MA(t1,3)=5, MA(t2,3)=6 —> Diff=1
So, in the above private case, MA’s Diff is equal to actual price Diff. and that’s just simple SMA. So your statement isn’t ALWAYS right…
It’s so easy to throw pseudo-math statements and theories, withou…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
Oh, really?
Price(t1) = 6, Price(t2)=7 —> Diff=1.
MA(t1)={4,5,6), MA(t2)={4,5,6,7) —> MA(t1,3)=5, MA(t2,3)=6 —> Diff=1
So, in the above private case, MA’s Diff is equal to actual price Diff. So your statement isn’t ALWAYS right…
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
Oh, I thought you know me by now… What about some kind of Volume-Weighted MA? You already recognize the power of VZO, Tick-Volume, etc.
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
Oh, I thought you know me by now… What about some kind of Volume-Weighted MA? You already recognize the power of VZO.
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
No, it’s not. If you read and use Gadi_Currencies @FF, those are the exact examples that are given years ago.
The rule I gave is valid and accurate, and simplex proved it in one of his latest post.
The same logic that trade strong currency against weaker one can be applied to falling strong currency against rising weaker currency.
The only…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 2 months ago
I do trade my rules, I just gave only one rule of using Currency-Strength indicator.
With my indicator I can also trade Counter-Trends with high accuracy and low risk, I’m not so sure it can be done with other indicators, since I haven’t seen a good one yet.
G.
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