gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 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, 5 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, 5 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.
simplex replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Great! Any specific post, or just generally since we met here?
s.
simplex replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Two instances of CIX used simultaneously as a practical answer?
Top: short term, very reactive, RSI normalization (this is for entry timing by anticipating swing reversal)
Bottom: medium term, timeframe normalization (this is for selection of which pairs to trade)
Combined SELL entries are at the orange lines.
s.
simplex replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
I’m afraid you’re right!
It’s a question of the individual strategy preferred: fishing for exact swing reversals under controlled conditions or ‘good old’ waiting for confirmation. Like one of the ‘great’ traders said: I’m satisfied to cut the middle 30 or 40 % of a swing and let the others fight for the rest. I don’t remember who it was, but I…[Read more]
Lowphat replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
i think this is all semantics. you can have the point of view anything other than tick is lag but you can also have a point of view such as a close to close on a 4 hour chart is a 4 MA on a 1 hour chart. is the 4 ma lag? it is and it’s not. that is just one quick example. it just depends on point of view. i consider using a MA to measure mean…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 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, 5 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, 5 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]
simplex replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago

Not confused! I just think you found a stable and well-balanced set of parameters for your system to work at optimum performance.
s.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 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.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Strangely enough, above pics show predictive indicator and not a lagging one…
Quite amazing, since it’s on H4 TF, i.e. 4 hours advanced prediction… so don’t let the facts confuse your theories…
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Strangely enough, above pics show predictive indicator and not a lagging one…
Quite amazing, since it’s on H4 TF, i.e. 4 hours advanced prediction… so don’t let the facts confuse your theories…
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Strangely enough, above pics show predictive indicator and not a lagging one…
Quite amazing, since it’s on H4 TF, i.e. 4 hours advanced prediction…
G.
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Strangely enough, above pics show predictive indicator and not a lagging one…
G.
simplex replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
Using MAs for trading, we always have to find some balance between two antagonistic mathematical methods: integration and differentiation.
Applying the MA (integration) to prices always introduces a certain amount of lag. Choosing a state of the art adaptive filter instead of a simple SMA can reduce the amount of lag while at the same time…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
There is no “definition” issue between us, just the way what and how you implement things in order to overcome “lag”, and make your indicator a predictive one.
If you use ONLY price-action in your calculations and considerations, your indicator will ALWAYS be lagging and you’ll always chase Price-Action.
Here is a sample of non-lag,…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
There is no “definition” issue between us, just the way what and how you implement things in order to overcome “lag”, and make your indicator a predictive one.
If you use ONLY price-action in your calculations and considerations, your indicator will ALWAYS be lagging and you’ll always chase Price-Action.
Here is a sample of non-lag,…[Read more]
gg53 replied to the topic Trading made even simpler & some discussions on currency strength in the forum General Discussions 10 years, 5 months ago
There is no “definition” issue between us, just the way what and how you implement things in order to overcome “lag”, and make your indicator a predictive one.
If you use ONLY price-action in your calculations and considerations, your indicator will ALWAYS be lagging and you’ll always chase Price-Action.
Here is a sample of non-lag,…[Read more]
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