Interesting
and your TF is only M5 ?
and your TF is only M5 ?
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DislikedThis is improved version of indicator published in post 3755 with using No Lag Moving Averages.
Indicator provide more clear data representation (look attached image with comparison of two indicators).
I made it for himself, maybe for somebody will be useful too.Ignored
DislikedThis soft generate constant errors. Which last version is normal without errors ?Ignored
DislikedFor your attention new indicator developed based on Chaikin's indicator.
You have to know there was published two versions of Chaikin's indicator - one of them there was made by Reshetov (incorrect) and other by Rosh - correct version. Here is used correct version, created by Rosh.
As you know Two pair's indicator based on Stochastic never reflect real price movement, especially if price reach 95% and more and 5% and less.
This indicator allow us to see real price movement and real divergence between pairs.
Look at picture 117.
There...Ignored
DislikedFIRST IMAGE :In your CHO INDICATOR, today at 18 PM I SEE RED LINE (USDCHF) upper BLUE LINE (EURUSD); in realy was EURUSD to go highter today ; or I'm wrong?Ignored
DislikedNo.
You cannot use this indicator to know which currency go higher. You have continue to use for this purpose Stochastic.
This indicator does not substitute "Stochastic 2 pairs" indicator. Is only COMPLEMENTARY TOOL to see when place market orders if Stochastic (yellow line) is above 80%.Ignored
DislikedRESUMING: We enter the trade when stoch>80 and CHO yellow line begin to go down. Is it correct?Ignored
DislikedI see I only member here in this thread in this time.
Probably others found something fresh or new or more profitable and with less DD.
Can anybody inform me where most are ?
I attached some indicators I use in hedge trade. I don't remember where exactly they was downloaded.
May be for somebody they will be interestion.Ignored
DislikedThread was focused on correlation, diff stoch and diff in prices; the main problem instead is DD; an cho indi is working fine but need to be managed.Ignored