Hi Pipsters,
Using FxChoice Demo platform to monitor Indices for USD Strength, Crude Oil, and Gold, there seems to be some very nice mathematical correlations.
As you can see, the weakening USD reflected by decreasing DXY (Dollar Index) is consistent with increasing EU and GU, while differentiation of these two using EG; as well as, elevated Crude Oil price is consistent with better CAD economy with dropping UC and increasing Gold purchasing by the MMs with decreasing DXY:
I plan to do some number crunching using theses Pairs with their countries indices as follows and News-weighted outcomes:
Forex Power = Currency Pair x Indices x News x k. where k is a potential threshold value to Buy or Sell Currencies ! This may at least help to add to further add to FA, TA and Profit probabilities (The Edge) . However, the trained human brain remains the best around. Needless to say, this may be a great reason for me to learn Python 3.5 Programming Language to download and produce some interesting statistical results. or MT4 coding for real-time results. Or, although cumbersome, just using MS Excel Spreadsheets and Access Databases to crutch numbers, or C Language, all of which I already have extensive expertise using them ! But, the bottom line is to use my brain to learn FAs adequately like others here.
Are there any FF Coders out there ready for this potential Project?
Well otherwise, I will try myself
Cool beans for this Old Nerd!
Cheers all !
- John
Using FxChoice Demo platform to monitor Indices for USD Strength, Crude Oil, and Gold, there seems to be some very nice mathematical correlations.
As you can see, the weakening USD reflected by decreasing DXY (Dollar Index) is consistent with increasing EU and GU, while differentiation of these two using EG; as well as, elevated Crude Oil price is consistent with better CAD economy with dropping UC and increasing Gold purchasing by the MMs with decreasing DXY:
I plan to do some number crunching using theses Pairs with their countries indices as follows and News-weighted outcomes:
Forex Power = Currency Pair x Indices x News x k. where k is a potential threshold value to Buy or Sell Currencies ! This may at least help to add to further add to FA, TA and Profit probabilities (The Edge) . However, the trained human brain remains the best around. Needless to say, this may be a great reason for me to learn Python 3.5 Programming Language to download and produce some interesting statistical results. or MT4 coding for real-time results. Or, although cumbersome, just using MS Excel Spreadsheets and Access Databases to crutch numbers, or C Language, all of which I already have extensive expertise using them ! But, the bottom line is to use my brain to learn FAs adequately like others here.
Are there any FF Coders out there ready for this potential Project?
Well otherwise, I will try myself
Cool beans for this Old Nerd!
Cheers all !
- John
"What Goes Up, Must Come Down." - (c) Sir Isaac Newton - 1647
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