What about ADAPTIVE MA’s?

G.

How about ADAPTIVE MA’s?

G.

On Currency-Strength:

There are two kinds of Currency-Strength indicators, and people tend to confuse between them and even program indicators with a “mixed” logic.

Absolute Currency-Strength, measure Currency-Strength based on some anchor in past history, either date or some meaningful historical value.

Relative Currency-Strength is more…[Read more]

Most CS indicators are lagging to some extent. And so do my early attempts to code a CS. All those discussions with @gg53 about this topic convinced me that this is not necessarily so, and my latest CIX is tuned to be much more reactive than every CS I coded earlier. But ok, it’s a bit choppy now. And since we want to calculate a slope, ‘some’…[Read more]

Thanks for this:

I also experimented with VZO settings different than the defaults suggested in Khalil’s article. I found that VZO 4 … 8, limits around 60 looked interesting, so very much similar to your suggestion.

I will certainly try your breakout, anticipating the reversal! I’m curious how the exact timing will meet CIX and CLEAR.

s.

Regarding VZO:

I think you get better entries playing with VZO parameters and range (try VZO 6, range 55 & -55), thus trading just the breakout of the range (i.e. on lower range breakout – signal Long, Upper range breakout – signal short.)

Your method will also work Ok (a bit lagging), without fine-tuning VZO.

G.

Regarding VZO:

I think you get better entries playing with VZO parameters and range, thus trading just the breakout of the range (i.e. on lower range breakout – signal Long, Upper range breakout – signal short.)

Your method will also work Ok (a bit lagging), without fine-tuning VZO.

G.

It will still give you an overview of the FX market, and you have more than enough guidelines on how to make a better one.

Use my guidelines, and you can profit with it, but I’m using much more enhanced versions. You need to consult lower TF when using that version.

G.

Gadi_Currencies is an ancient one, example prototype, shared on FF “Killing Zone” thread.

G.

Trading Currency-Strength alone is: Currency A is above 0 and pointing UP, Currency B is below 0 and pointing DOWN, Go LONG on AB pair.

BTW: GOOD Currency-Strength indicator isn’t lagging, but precedes Price-Action by at least 1-2 bars.

If yours is lagging, only trade the Recycle-Bin Market with it…

G.

Trading Currency-Strength alone is: Currency A is above 0 and pointing UP, Currency B is below 0 and pointing DOWN.

BTW: GOOD Currency-Strength indicator isn’t lagging, but precedes Price-Action by at least 1-2 bars.

If yours is lagging, only trade the Recycle-Bin Market with it…

G.

Thank you for yout hints!

Re. enumerations: yes, all trading decisions can be represented by one common enumeration instead of indicator-specific enums. That would be even easier to read and maintain. I will modify my functions in that way.

Re. higher and lower TFs: I fully support your view. Just at the moment I would like to stay with one TF…[Read more]

ClearMethod Histogram:

This requires at least 2 TF’s, current and Higher. Current defines Peak or Trough area, Higher TF’s define the longer trend.

Current ClearMethod can be enhanced by combining it with ADX (ADXcandle or SuperADX variations).

VZO:

Defines entry bar, either on Peak or Trough, in the direction of the Higher TF of the…[Read more]

ClearMethod Histogram:

This requires at least 2 TF’s, current and Higher. Current defines Peak or Trough area, Higher TF’s define the longer trend.

Current ClearMethod can be enhanced by combining it with ADX (ADXcandle variation or SuperADX).

VZO:

Defines entry bar, either on Peak or Trough, in the direction of the Higher TF of the…[Read more]

ClearMethod Histogram:

This requires at least 2 TF’s, current and Higher. Current defines Peak or Trough area, Higher TF’s define the longer trend.

Current ClearMethod can be enhanced by combining it with ADX (ADXcandle variation or SuperADX).

VZO:

Defines entry bar, either on Peak or Trough, in the direction of the Higher TF of the…[Read more]

ClearMethod Histogram:

This requires at least 2 TF’s, current and Higher. Current defines Peak or Trough area, Higher TF’s define the longer trend.

Current ClearMethod can be enhanced by combining it with ADX (ADXcandle variation or SuperADX).

VZO:

Defines entry bar, either on Peak or Trough, in the direction of the Higher TF of the…[Read more]

A little motivational post regarding backtests with Offline CIX.

This is the result of a 4 months backtest run on EURUSD H4. Simple entry combination of just CIX and CLEAR, no VZO yet.

Purposefully hardly any trade management yet, because I wanted to get an idea about the entry quality. It’s 1 % risk per trade, 1.0 ATR SL and TP, with moving SL…[Read more]

Thank you for clarifying:

In my Penguin_CIX.mqh, it looks like this, because I prefer to work with enumerations in such cases:

enum CIX_TRADE {
CIX_TRADE_NONE,
CIX_TRADE_BUY,
CIX_TRADE_SELL
};

Called like this:

CIX_TRADE cixEntry = getCixEntry(symbolIndex, tf, CIX_INDI_NAME, cixSmoothing, cixTrendDepth, Prefix, Suffix);

The rest…[Read more]

CS should be implemented as already described: by calling a function that returns 1, -1, or 0 (Long, Short, None).

Long signal for currency pair AB is when currency A is above 0 and pointing up, currency B is below 0 and pointing down.

The opposite is for Short.

Other variations returns 0 (None).

Optional addition to the above is a…[Read more]

CS should be implemented as already described: by calling a function that returns 1, -1, or 0 (Long, Short, None).

Long signal for currency pair AB is when currency A is above 0 and pointing up, currency B is below 0 and pointing down.

The opposite is for Short.

Other variations returns 0 (None).

Optional addition to the above is a…[Read more]