Ranging MidWay!
Pair Strength Analyzer indicator 446 replies
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DislikedHi,
for Brokers that haven't full (28 Cpair) the result of this indicator will be somewhere choppy (because of missing pairs effects),
thus you need a demo account of full set pairs(28),
then use the results in your favor broker.
OTRIgnored
DislikedI think its not necessary at all to have all the 28 pairs. Since apart from the majors and a couple of crosses (CHF,CAD,AUD) the rest has MINISCULE effect (and tiny volumes far less than 1% each of total fx vol, so they are in noise area).
To conclude all the info is in the majors and a couple of crosses (not even NZD rather just CAD and AUD and CHF)Ignored
DislikedI think its not necessary at all to have all the 28 pairs. Since apart from the majors and a couple of crosses (CHF,CAD,AUD) the rest has MINISCULE effect (and tiny volumes far less than 1% each of total fx vol, so they are in noise area).
To conclude all the info is in the majors and a couple of crosses (not even NZD rather just CAD and AUD and CHF)Ignored
DislikedHi,
If you attach Volume Indicator to every 28 Charts and compare relative values for the same time , you will see that each of them isn't negligible,
but I know from many sources that the major trading pairs are nearly : EURUSD:%30 , USDJPY:%20 , GBPUSD:%10 , USDCHF:%5 , USDCAD:%4 , USDAUD:%4 , others have lower % ,
but these ratios are for major transaction by huge Institutions, that they aren't available for me for calculations,
The Forex Brokers % of transactions might be less than %10 of all,
and from my experience : if I use eg....Ignored