{quote} Read post #2 and you will find the answer to your question.
I do not know how I did it, but I did. I missed that part. So sory.
Thanks Ica.
- Joined Jul 2011 | Status: Member | 246 Posts
I do not know how I did it, but I did. I missed that part. So sory.
Thanks Ica.
- Joined Nov 2014 | Status: Member | 1,300 Posts
It seems there has been some confusion caused by a lack of information on my part 
Every pair appears twice: once in the base currency group, once in the quote currency group
e.g. EURUSD will appear in EUR currency group (base) and the USD currency group (quote).
Whenever you are doing currency strength calculations such as this one, you have to invert the values of the quote currency.
Consider this EURNZD chart:
Price is currently below the MA by 17.3 pips.
This suggests weakness in EUR and strength in NZD.
So, when this pair appears in MADdash you will see -17 in the EUR group and +17 in the NZD group.
This conversion is done automatically to create a more intuitive dash.
A wall of green bricks instantly means strong
A wall of red bricks instantly means weak.
This is far simpler to interpret then looking at a mixed color wall and then assessing each pair to make the mental adjustment for whether it is the base or the quote currency. Humans are visual creatures.
Hope that helps
Every pair appears twice: once in the base currency group, once in the quote currency group
e.g. EURUSD will appear in EUR currency group (base) and the USD currency group (quote).
Whenever you are doing currency strength calculations such as this one, you have to invert the values of the quote currency.
Consider this EURNZD chart:
Price is currently below the MA by 17.3 pips.
This suggests weakness in EUR and strength in NZD.
So, when this pair appears in MADdash you will see -17 in the EUR group and +17 in the NZD group.
This conversion is done automatically to create a more intuitive dash.
A wall of green bricks instantly means strong
A wall of red bricks instantly means weak.
This is far simpler to interpret then looking at a mixed color wall and then assessing each pair to make the mental adjustment for whether it is the base or the quote currency. Humans are visual creatures.
Hope that helps
- Joined Jul 2010 | Status: Great hopes make great men | 1,991 Posts
It seems there has been some confusion caused by a lack of information on my part
Compare the two and the difference is clear
Low Risk Low Stress High Reward High Probability Trades
- Joined Nov 2014 | Status: Member | 1,300 Posts
Hi Honestknave and 919gilead. My humble observation of the wonderful Dash is that its heavy on CPU and doesn't fit to screen. No option to adjust dimensions. Thanks. {image}
Thanks for your comments. The latest version has an ability to change the font size, thus fitting it to a smaller screen.
Can you elaborate on your experiences when you say it is heavy on CPU? Each cycle takes less than 1ms to run on my very average PC
- Joined Jul 2010 | Status: Great hopes make great men | 1,991 Posts
Low Risk Low Stress High Reward High Probability Trades
- Joined Jul 2010 | Status: Great hopes make great men | 1,991 Posts
{quote} Hello Phoenixpg1, Thanks for your comments. The latest version has an ability to change the font size, thus fitting it to a smaller screen. Can you elaborate on your experiences when you say it is heavy on CPU? Each cycle takes less than 1ms to run on my very average PC
Shalom
Low Risk Low Stress High Reward High Probability Trades
- Joined Oct 2006 | Status: Senior Trader | 844 Posts
Can't wait to see this in action and want to thank both of you.
This makes sense to me for 'correlation at a glance'.
Bravo!
A suggestion for V.2... this makes sense to do this (imo)
It would help the trader in weighting a decision as to WHICH pair
they want to act on or wait for or ignore
when seeing a wall of red or green bricks.
And yes... I understand that is the 'purpose' of the columns of 'floating pairs' on the right side also..
maybe being 'stationary' would be a further assist in the heat of the moment or in calculating decisions
whether to basket trade the whole anchor family or leave several out.
Cheers & thanks again!!
G.
This makes sense to me for 'correlation at a glance'.
Bravo!
A suggestion for V.2... this makes sense to do this (imo)
It would help the trader in weighting a decision as to WHICH pair
they want to act on or wait for or ignore
when seeing a wall of red or green bricks.
And yes... I understand that is the 'purpose' of the columns of 'floating pairs' on the right side also..
maybe being 'stationary' would be a further assist in the heat of the moment or in calculating decisions
whether to basket trade the whole anchor family or leave several out.
Cheers & thanks again!!
G.
"You Never Know.....Until You Find Out."
- Joined Nov 2014 | Status: Member | 1,300 Posts
{quote} Always on top of things here. I'm off to bed now. Shalom
- Joined Nov 2014 | Status: Member | 1,300 Posts
I am in, great piece of work. Just lookin for a method to optimize my 15m enter, based on lower tf. I hope this Dash could help
{quote} Thanks very much guys. Its all sorted out.
Pretty cool, I hope one day I could contribute system like this. visit my questionnarie about charting app. https://docs.google.com/forms/d/1dnx...?usp=send_form Thank you
Absolutely brilliant honestknave great work you have done. Beautiful piece of coding and visual representation. Thank You !!!
- Joined Nov 2014 | Status: Member | 1,300 Posts
Can't wait to see this in action and want to thank both of you.
- Joined Oct 2006 | Status: Senior Trader | 844 Posts
Can I ask, this piece on the right hand of the chart, is it perhaps possible that you please make all the other currencies black. I only follow eurusd and eurjpy. You can imagine with all the co lours it is difficult to follow my two only. What I would to see, is just the eurjpy and eurusd numbers pls, if possible. This is an amazing thing that you guys have shared with us. Your lives will truley be blessed. {image}
{quote} {quote} Hi belief and Feo, many thanks for your suggestions. I haven't modified MADdash since April but there are several things I'd like to do with it. I will continue development in the future, but right now I'm restricting MADdash to bug fixes only; I just have too many other things 'on the go' at the moment.
Something like this
"You Never Know.....Until You Find Out."
- Joined Sep 2013 | Status: Such a Silly Game It is | 150 Posts
honestknave and 919gilead
Thank you very much for sharing your EA and knowledge. I have been looking looking for this sort of indicator/ea and was developing basic one. But this one Mind blowing and lots of work you did by coding and graphically.
Thank you very much for sharing your EA and knowledge. I have been looking looking for this sort of indicator/ea and was developing basic one. But this one Mind blowing and lots of work you did by coding and graphically.
Whats get measured get improved