Great Brother,  Waiting for your next explanations..

Hopefully You could create powerful Ideal Indicator that could show ‘when’ it will happen and ‘where’ to go next.. 

Best Regards

MTH

PS.  I failed to defending my 7 loss positions…thanks to NFP …lol

Don’t bother to look at the profit value is not USD, is only IDR..  heh…[Read more]

You start your history FOR loop at some xx number of past bars (you can calculate according to TF if you want to set a specific date/time).

Each currency array start with a value of “0” at that starting point. The rest is up to the “standard” indie that you found and like.

You can use mini-charts to display several sessions or stop and start…[Read more]

You start you history FOR loop at some xx number of past bars (you can calculate according to TF if you want to set a specific date/time).

Each currency array start with a value of “0” at that starting point. The rest is up to the “standard” indie that you found and like.

You can use mini-charts to display several sessions or stop and start…[Read more]

Thank You Brother,  will test ‘her’  immediately…

Best Regards

MTH

Hi Brother, thank you for your post and comment.  btw is rather off topic but nvm,  here is the explanation of your chart screeenshot question..

Hope it help and best regards

MTH

Here is my version on the subject:

It shows 1Day, 2Days, 3Days, 4Days, 5Days (weekly) MA’s on any time frame without the need to change params.

Enjoy.

G.

I already have one, but maybe you can teach an old dog some new tricks… The old dog is eager to learn… Wuff…Wuff…

G.

…Try per session (London, London + NY, NY, Asian) and keep all 4 visible. You’ll see interesting, tradable, behaviour.

G.

That’s EXACTLY what I’m doing in my “Spaghetti” currency strength. indie…

For maximum effectiveness avoid using “digital” view of strength and use good old lines, to effectivly view current direction. Reason: if the currency is “strong” and falling and a weak currency is rising – you might want to take the counter-trend position. with…[Read more]

Yes Brother that’s really correct.

For more universal calculation, instead of using CNY,  you could also ‘anchoring’ the starting point from parity value. (1).. for example from open day time,  we compare all the pairs involve with parity (1), and use the subtraction value as ‘current day starting ratio’  and the rest is comparing every mo…[Read more]

If you, MTH and me are swimming in the ocean with no land in sight – you can tell if you are getting closer or away from MTH and me, but you don’t know if we are getting nearer or away from the shore or our target.

That is relative or correlated distance between us, and it’s hard to measure because we are all in motion relative to one…[Read more]

If you, MTH and me are swimming in the ocean with no land in sight – you can tell if you are getting closer or away from MTH and me, but you don’t know if we are getting nearer or away from the shore or our target.

That is relative or correlated distance between us, and it’s hard to measure because we are all in motion relative to one…[Read more]

Hi Brother, sorry I forget to answer..

Normalizing mean make it in same ratio..,  for example you can’t compare EURUSD and USDJPY,  because they has different digits, so we must divide USDJPY with 100.  to add digits.  So, we could compare EURUSD  1.12000 with USDJPY/100 =119.560/100 = 1.19560.  and if we want to measure the distance we must…[Read more]

That exactly the point.   CHF pegged to EUR previously, and most of market players think that is great until that ‘black Thursday came’. CHF hold the ‘real value’ until they can’t stand it anymore, and choose to release the tension in ‘shock’ mode,  while CNY is in reverse direction they also hold the ‘real value’ by consistently intervene to ke…[Read more]

Yes, Brother,  momentum is just like if you press your car gas pedal..   previous candle move 10 pips, then current candle move 20 pips.. that mean acceleration..

I take daily open price (GMT 0) from my anchor pair and normalize it then compare it to any pairs that will be measured  (current candle close – daily open price). compare the…[Read more]

Yes, Brother,  momentum is just like if you press your car gas pedal..   previous candle move 10 pips, then current candle move 20 pips.. that mean acceleration..

I take daily open price (GMT 0) from my anchor pair and normalize it then compare it to any pairs that will be measured  (current candle close – daily open price). compare the…[Read more]

Well, in my noob experiences,  I use ‘anchor’ from currency that look like doesn’t give any impact to the market in the surface but actually control the world trade in reality.

Why I need ‘anchor’, is because i could measure the acceleration and deceleration of the speed of momentum.. and that is in my opinion what the market ‘strength’ is..  a…[Read more]

And this kindergarten strength calculation with CNY anchoring, make me loss 7 trades over 696 winning trades in February 2015… lol,  so forgive me for being so noob..

best regards

MTH

Ah Yes Brothers, maybe I just too dumb and noob for this high level discussion..  please forgive me for that.. . I do create my own strength indicator that maybe too weird, but anyhow I could make profit with it, so I don’t mind if I wrong as long as i can make money with it…lol.

Wish You All The Best..

MTH