DislikedAbokwaik Thanks you for starting this thread. If you would like help coding or simply need an extra pair of eyes to go over the EA please let me know. I was also wondering if this could be used on other currencies like the AUD or EUR. Same principle different currency? CheersIgnored
As for applying the same concept by choosing another currency as a reference, yes it is possible,
I chose JPY because of what "diamonddbw" already noticed "One key component of this is, Jpy is always 2nd currency in pairs, making it the easiest to use for comparisons. "
Plus, JPY is almost inactive - neutral (no related news) in London and NY sessions. So when a JPY pair moves, actually its because of the other currency not JPY.
No guts, no glory