DislikedHi Ckp,
i'd assume you'd attached the basket profit 2 pairs indi, are you using it together with sq's ea? and where did the trend line came from?
adios...Ignored
I drew the trendline manually to illustrate a point.
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DislikedHi Ckp,
i'd assume you'd attached the basket profit 2 pairs indi, are you using it together with sq's ea? and where did the trend line came from?
adios...Ignored
DislikedYes, i use jones indicator to see corelations. I use SQ's EA for auto trading. Testing in hourly and 5 min. Both have resulted good profits.At times DD was max about 120 pips. Can live with it.
I use SQ's basket profit indi for manual trading. If used correctly, DD could be much lower by using this indi.
I use Mataf site to see daily volatility in order to avoid high volatile pairs.Ignored
DislikedIf you look at mataf link which i posted, it will give you volatility of various pairs for the current week or past weeks. GBPCHF,GBPJPY,GBPCAD have high volatility means big movements compared to other currency pairs.
If the volatility of certain pairs are high, when you trade in this strategy, whenever the trades are going opposite, we will come across big DD. To avoid big DD, i do not use these pairs.Ignored
Dislikedif we avoid these pairs then we are not getting much signal most of the baskets are belongs to these pairs.anyways how many past weeks you check ?Ignored
DislikedHi Nicastro, I tried the News indi found here but it required some DLL file. I do not have the DLL file name as I am not at my home computer but that was the reasone why it did not work for me. If you happen to have that DLL please post here.Ignored
DislikedYes Roundrock, trading correlated pairs like this shows better potential, but that would be on higher timeframes / longer term.
So I coded the SMA and StdDev lines into the Basket Profit indicator, to see if that would give an edge.
It plots the SMA(100) line on top of the Profit Basket line, and calcs the stddev of the Profit-line-to-SMA difference.
Similar as Bollinger Bands, except that we don't use the same amount of periods for the SMA and the StdDev:
we want a short-term SMA to stay close enough to the price line, but we want to use the...Ignored
DislikedYes Roundrock, trading correlated pairs like this shows better potential, but that would be on higher timeframes / longer term.
So I coded the SMA and StdDev lines into the Basket Profit indicator, to see if that would give an edge.
It plots the SMA(100) line on top of the Profit Basket line, and calcs the stddev of the Profit-line-to-SMA difference.
Similar as Bollinger Bands, except that we don't use the same amount of periods for the SMA and the StdDev:
we want a short-term SMA to stay close enough to the price line, but we want to use the...Ignored
DislikedHi,
can you please tell me the entry ,exit and sl criteria for this indi ?
thank youIgnored
Dislikedi think williams is a bit better then stoch incase we get a big news event that will add your buy and sell to soon. so you end in a largde drawdown for a long period of time.
therefor i would like to see what would happen if we add williams code for the smjones indicator instead of stoch.
since i cant code, i like someone to change stoch code for williams code and see how it looks like.
if williams looks better then stoch, then why not use that 1 in Ea compared to stoch?Ignored