i downloaded this indicator and loaded but this is what i am getting. please i need help i dont know what i ve done wrong. i am running
on windows xp
on windows xp
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Dislikedi downloaded this indicator and loaded but this is what i am getting. please i need help i dont know what i ve done wrong. i am running
on windows xp
Dislikedi have followed your instruction but my charts is not updating
i am using mt4 built 406 however my platform is downloadable at wealthtradefx.com
I have visited wealthtradefx.com, but they will not allow me to open a demo account, unless I supply personal financial details. I can understand that they would require this info for a live account, but not for demo. As I am unwilling to supply this information, I'm sorry, but I can not download their MT4.
The strength indicator runs on at least four MT4 br0ker platforms that I know of. I am running it on GoMarkets build 402, because build 406 appears...Ignored
I had a question about the smoothing factor. Would a factor of 1 (no smoothing) give a more pure or accurate view of the recent strength lines and their relationship to each other?
Thanks so much for your incredible indicator. Combined with the work Steve is doing on the EA I'm really excited about the possibilities here.
The SmoothingSMA simply applies a simple moving average, or SMA, to each one of the plots. This works exactly the same as applying a SMA to a 'normal' chart of closing prices. As we all know, a SMA of 1 simply reflects the latest closing value. Increasing the SMA value to 2,3,4, etc has the effect of smoothing the lines, but at the cost of introducing lag. For example, a 10 period SMA lags the price more than a 5 period SMA.
If you're using the RS indy to view price plots, the smoothing eliminates some of the jagged zigzagging,...Ignored
I think relative strength could be much better if it could be visualise in this way.
Comparing each currency against another, nice and neat.Inserted Codehttp://www.forexfactory.com/showthread.php?t=322769
Let me know if you could do it for the community of FF.
Disliked[EDIT]Out of curiosity, I checked out the link in your post. The screenshot below is taken from that link. I can't make sense as to how the number of blocks is calculated. For example, both AUD:CAD and AUD:EUR have three green blocks showing. But according to the values posted, AUDCAD has risen 48 pips since the daily open, and AUDEUR has fallen 40 pips. And AUDCAD has a value of 59% (do you know how this value is calculated?) and AUDEUR has a value of 20%. Hence neither of these values seem to have any bearing on the number of green blocks....Ignored
Dislikedif you have plans to make one I suggest, let me know.Ignored
DislikedAgain, I apologize if this post is found to be unrelated to this thread.Ignored
DislikedI have upgraded RSalerts. The way in which it looks for changes in the strength/weakness rankings since the alerts were last generated, is now somewhat more robust.
Download from post #1. Instructions in post #323.Ignored
Absolutely no need to apologize. Many thanks for the info.
I've created a link in Steve's thread to your post.
Welcome to the forum.
DislikedHi David ......
I thought the Alert indi would report in broker/MT4 time, or am I wrong?
Another thing though:
I think your own suggestion earlier about a slope confirmation as alert filter would be quite valuable to the indicator. Especially for traders using smaller timeframes and thereby in need for the best filtering of trade suggestions to minimize the information flow.
If You're planning another release of the alert indicator You might consider a UseSlopeConfirmation true/false parameter as a final filter for the strength/weakness-alert....Ignored
For reasons ... [EDIT] I have done this. You can download the latest version of the indy from post #1.
The RS alerts indy .... so I probably won't get a chance to look at it until next weekend.Ignored