On Video #31 (Cont.):

New HIDDEN divergence occured (solid Yellow line).

G.

It’s a “Volume on Price” indie.

It’s based on the “Custom Moving Average.mq4” skeleton.

G.

Video #31:

The light-green lines (Ray type) are simple Trend Lines.

A Solid RED line denotes Divergence (you suppose to trade WITH the line direction).

A Solid YELLOW line denotes HIDDEN Divergence (you suppose to trade AGAINST the line direction).

Divergence lines doesn’t stay in history.

G.

Video #31:

The light-green lines (Ray type) are simple Trend Lines.

A Solid RED line denotes Divergence (you suppose to trade WITH the line direction).

A Solid YELLOW line denotes HIDDEN Divergence (you suppose to trade AGAINST the line direction).

Divergence lines doesn’t stay in history.

G.

That’s perfectly Ok. that’s why I said “Additionally (or optionally) “…

G.

On the subject of VOLUME:

Currently working on a new indie.

It’s based on a similiar idea as Gadi_OBV with a twist: Converting it into an oscilator.

Assuming that most market activity is between 70%-80%, it will “easilly” show Overbought/OverSold area, giving an even earlier signal of market turning and pullbacks.

Early testings on “R”…[Read more]

On the subject of VOLUME:

Currently working on a new indie.

It’s based on a similiar idea as Gadi_OBV with a twist: Converting it into an oscilator.

Assuming that most market activity is between 70%-80%, it will “easilly” show Overbought/OverSold area, giving an even earkier signal of market turning and pullbacks.

Early testings on “R”…[Read more]

On currency Strength and ROC (Rate of Change):

Assuming we have 3 currencies: EUR, GBP, USD

The EUR is above the GBP, both above the “0” line and pointing UP.

The USD is below the “0” line and pointing DOWN.

The indicator is showing STRENGTH as it should: EUR is the strongest, GBP is less strong than the EUR, the USD is WEAK and getting…[Read more]

On currency Strength and ROC (Rate of Change):

Assuming we have 3 currencies: EUR, GBP, USD

The EUR is above the GBP, both above the “0” line and pointing UP.

The USD is below the “0” line and pointing DOWN.

The indicator is showing STRENGTH as it should: EUR is the strongest, GBP is less strong than the EUR, the USD is WEAK and getting…[Read more]

On currency Strength and ROC (Rate of Change):

Assuming we have 3 currencies: EUR, GBP, USD

The EUR is above the GBP, both above the “0” line and pointing UP.

The USD is below the “0” line and pointing DOWN.

The indicator is showing STRENGTH as it should: EUR is the strongest, GBP is less strong than the EUR, the USD is WEAK and getting…[Read more]

On currency Strength and ROC (Rate of Change):

Assuming we have 3 currencies: EUR, GBP, USD

The EUR is above the GBP, both above the “0” line and pointing UP.

The USD is below the “0” line and pointing DOWN.

The indicator is showing STRENGTH as it should: EUR is the strongest, GBP is less strong than the EUR, the USD is WEAK and getting…[Read more]

On currency Strength and ROC (Rate of Change):

Assuming we have 3 currencies: EUR, GBP, USD

The EUR is above the GBP, both above the “0” line and pointing UP.

The USD is below the “0” line and pointing DOWN.

The indicator is showing STRENGTH as it should: EUR is the strongest, GBP is less strong than the EUR, the USD is WEAK and getting…[Read more]

On currency Strength and ROC (Rate of Change):

Assuming we have 3 currencies: EUR, GBP, USD

The EUR is above the GBP, both above the “0” line and pointing UP.

The USD is below the “0” line and pointing DOWN.

The indicator is showing STRENGTH as it should: EUR is the strongest, GBP is less strong than the EUR, the USD is WEAK and getting…[Read more]

MA of current session should start with Previous similiar closed session.

i.e. Asian session MA should start with previously closed Asian session MA.

G.

Balrog,

It’s me who should ask your forgiveness.

I meant to emphasis your request from simplex, but it came out awkward (especialy when reading without the proper intonation).

I’m no Guru, Teacher or Mentor and I didn’t want to sound “above” you.

Sorry, Balrog.

G.

See Post #7926

G.

I already suggested exactly that in previous posts.

G.

If you build a Volume indicator – please add MA based on Session avg. (London, London+NY, NY, Asian).

G.

The DIFF indicator is a supporting indicator.

Meaning: you use it AFTER The std. Spaghetti already suggested which Currency-pair to trade and its direction.

So this fact alone removes half the whipsaw.

The other indicator for trading is the TickVolume & Volume – which, combined with the DIFF,  will further reduce your consideration about f…[Read more]

The DIFF indicator is a supporting indicator.

Meaning: you use it AFTER The std. Spaghetti already suggested which Currency-pair to trade and its direction.

So this fact alone removes half the whipsaw.

The other indicator for trading is the TickVolume & Volume – which, combined with the DIFF,  will further reduce your consideration about f…[Read more]