Alright , ill start by saying I have no programming background what so ever and no real trading experience but I am curious about something.
I've been demoing both price action style trading(J16 etc) and relative strength basket trading using KG's indies (same one used in steve and scooby's trading bot, here's the thread if your not aware of it put id probably imagine you are http://www.forexfactory.com/showthread.php?t=204646). With modest success with both. Then I got to thinking wouldn't it be great if the relative strength was represented in a price action style ie. candle sticks or price bars. The logic behind the idea being that perhaps a relative strength price action system might increase the % of wins as opposed to just trading the one pair using standard price action.
That being said I have no idea if this is even possible or if it already exists somewhere.
It might just be a terrible idea, I really don't know.
Either way if any programmers out there wanna take a stab at this it might be an interesting experiment.
Cheers
--- Joe
I've been demoing both price action style trading(J16 etc) and relative strength basket trading using KG's indies (same one used in steve and scooby's trading bot, here's the thread if your not aware of it put id probably imagine you are http://www.forexfactory.com/showthread.php?t=204646). With modest success with both. Then I got to thinking wouldn't it be great if the relative strength was represented in a price action style ie. candle sticks or price bars. The logic behind the idea being that perhaps a relative strength price action system might increase the % of wins as opposed to just trading the one pair using standard price action.
That being said I have no idea if this is even possible or if it already exists somewhere.
It might just be a terrible idea, I really don't know.
Either way if any programmers out there wanna take a stab at this it might be an interesting experiment.
Cheers
--- Joe