Disliked
I'm trying to see if this is an accurate real time prediction of the profit in pips that will result when the threshold reverts back to zero. If it is accurate then you could get an EA that would close the positions when the profit is at the amount predicted by the threshold value or more. As mrkam has mentioned, the tricky part is to determine this zero point.
Anyway take a look at the charts and you will see the entry and the values for the threshold and what I am expecting as the profit from these trades.
I'll post again soon with a view of what this has done after a few hours.Ignored
Hi !
I had a trade going on since yesterday 4:00 gmt (short EJ/long GJ 4hr).
With a period ratio of 200 the "hedge range" was at about 210. exit today at range about 40 but only 80 pips profit (instead of 170 as i would have expected). I played a bit with the indicator and pairs and found out that it was absolutely accurate for EU/GU 4hr yesterday 0:00gmt (showed a range of 160 accurate to the pip +160 by the time range was zero). I really wonder what makes the difference there!! Also, The EJ/GJ range of 210 was shown on the GJ chart with EJ-overlay. When i switched to EJ-chart with GJ-overlay it was only 166 range.
So I´m fine with the indis for EU/GU but I´d really love to knoe whats wrong with the yenpairs. any ideas anybody ??