… and here is the LONG in M15…

G.

…and here comes the Long…

G.

Not abnormal – behaving as expected… Definite Short…

G.

Currency-Strength is a very good indicator, but not by itself only.

You need to combine signals from BOTH Currency-Strength AND some kind of Volume indicator.

Without Volume indication – the movement is erratic, ranging, or very short and misleading. Volume is the thing that drive price.

G.

Currency-Strength is a very good indicator, but not by itself only.

You need to combine signals from BOTH Currency-Strength AND some kind of Volume indicator.

Without Volume indication the movement is erratic, ranging, or very short and misleading. Volume is the thing that drive price.

G.

All the above, with reasoning and indies (a bit older ones) is in the (late…) “Killing Zone” thread @FF.

G.

“Give-Me” crowd…

G.

Yeah… Currency-Strength, when done properly, is better than Gold .

G.

“Give-Me” crowd…

G.

I wish it was, but the answer is NO.

Major cycle might have undefined number of minor cycles.

G.

Actualy, there are two cycles. a major trend cycle and minor cycle within it.

The problem is that they are dynamic – which means that the distance between cycle peaks is not constant.

You need an adaptive Algo to identify them.

G.

Ok, the EA skeleton is ready.

Still need to add Risk/Money-mngmt, position scaling, etc.

The attached chart is of last 2 days forward test.

G.

Hi Coli69,

do you mind sharing you settings

cheers

hannele

Thank you xux99. I’ll start test run today.

cheers

hannele

The bar (i=0) isn’t closed yet and it’s still moving. Always start with recent closed bar.

Compare recent closed bar to (i+xx) previous bar, the xx parameter is intended to “smooth” the indie movement.

My xx parameter is adaptive and not constant.

The end result should be multiplied by a factor of “market share” of that currency. Other…[Read more]

To sum things:

28 currency pairs can be accurately reduced to just 7 Major currency pairs.

The common denominator of those 7 Majors is the USD.

Find the USD correct value and direction – and you have almost the whole Forex market view.

That’s why Currency-Strength IS the MOST important indicator, and it’s predictive one.

G.

To sum things:

28 currency pairs can be accurately reduced to just 7 Major currency pairs.

The common denominator of those 7 Majors is the USD.

Find the USD correct value and direction – and you have almost the whole Forex market view.

That’s why Currency-Strength IS the MOST important indicator.

G.

To sum things:

28 currency pairs can be accurately reduced to just 7 Major currency pairs.

The common denominator of those 7 Majors is the USD.

Find the USD correct value and direction – and you have almost the whole Forex market view.

G.