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Dashboard TZ

  • #7,141
  • Jun 23, 2017 1:27pm Jun 23, 2017 1:27pm
Quoting jenbols
finally UsdCad Fri at 5pm got a signal with set up 30 min css/snr 2 dashpin entry exit
Buy or sell?
Try don't lose pants never...
  • #7,142
  • Jun 23, 2017 1:30pm Jun 23, 2017 1:30pm
sell .. could post screen shot later ...
now cpu too heavy to load stuff .. eheh
The arriving better than the arrival, the journey has just started
  • #7,143
  • Jun 23, 2017 1:37pm Jun 23, 2017 1:37pm
Quoting jenbols
sell .. could post screen shot later ... now cpu too heavy to load stuff .. eheh
Put a fan in your room. So many laptops
Try don't lose pants never...
  • #7,144
  • Jun 23, 2017 1:40pm Jun 23, 2017 1:40pm
hey brain has anyone put a dash for only correlated pairs (high correlation above 80% on daily tf)? TYIA

PS the idea originated with nasap a long time ago to use strength plus correlation... but i've yet to see anyone do it
  • #7,145
  • Jun 23, 2017 1:40pm Jun 23, 2017 1:40pm
Quoting braintheboss
{quote} Put a fan in your room. So many laptops
ahah brain actually got 2 fans ...
show you a pic later on when i sort things out ...
my brain is a hot too , but heart is happy
The arriving better than the arrival, the journey has just started
  • #7,146
  • Jun 23, 2017 2:02pm Jun 23, 2017 2:02pm
Quoting dagoods
hey brain has anyone put a dash for only correlated pairs (high correlation above 80% on daily tf)? TYIA PS the idea originated with nasap a long time ago to use strength plus correlation... but i've yet to see anyone do it
I don't have idea about how works that because I never visited that thread but I think if nobody did it is because is useless, dont you?
Try don't lose pants never...
  • #7,147
  • Jun 23, 2017 2:04pm Jun 23, 2017 2:04pm
Quoting braintheboss
{quote} I don't have idea about how works that because I never visited that thread but I think if nobody did it is because is useless, dont you?

nope. perhaps, quite the opposite my friend. perhaps those who did it simply did not share it.
  • #7,148
  • Jun 23, 2017 2:06pm Jun 23, 2017 2:06pm
Quoting dagoods
{quote} nope. quite the opposite my friend. those who did it simply did not share it.
And you think they didn't share because they found a holy grail? When you share an idea haven't sense don't share the tool. At least I think that
Try don't lose pants never...
  • #7,149
  • Jun 23, 2017 2:09pm Jun 23, 2017 2:09pm
Quoting braintheboss
{quote} And you think they didn't share because they found a holy grail? When you share an idea haven't sense don't share the tool. At least I think that

https://www.forexfactory.com/showthr...99#post8376599 its very simple idea...

the strength meter, gap bid ration=, whatever, must be filtered by correlation for timing etc.

people simply overlook the correlation part of it

look at that strategy test in the image... is that worth doing

yes we should have the tool for dashboard trading
  • #7,150
  • Jun 23, 2017 2:09pm Jun 23, 2017 2:09pm
Sometimes is easier ask the things without mistery. I have some correlation tools. If you can show me something it can works I can think about that...

https://www.forexfactory.com/showthr...7#post10013497
Try don't lose pants never...
  • #7,151
  • Edited 2:57pm Jun 23, 2017 2:17pm | Edited 2:57pm
Quoting braintheboss
Sometimes is easier ask the things without mistery. I have some correlation tools. If you can show me something it can works I can think about that... https://www.forexfactory.com/showthr...7#post10013497

im not a coder...i've been testing manually and it works very well from what i've seen.....

i posted demo trades in real time in the thread just to prove or disprove for myself... every single one went in the expected direction for me.... >>> proof is there>>> https://www.forexfactory.com/showthr...7#post10013377

the original thread was by bill bliss >>>> https://www.forexfactory.com/showthread.php?t=160679

nasap & jibala constantly claimed to making pips like crazy also...both mentioned correlation as part of their strategy, coupled with strength meters... but neither would share any code for the correlation part of it....https://www.forexfactory.com/showthr...35#post9462935 maybe they were lying..maybe they didn't want to share..maybe i misread.....whatever, i believe in sharing.... so its up to you coders then

my intention is to not be mysterious...the opposite..to share..shed some light but the only way to tell is with an ea & indicators strategy testing forward testing etc.
  • #7,152
  • Jun 23, 2017 2:34pm Jun 23, 2017 2:34pm
Quoting dagoods
{quote} im not a coder...i've been testing manually and it works very well from what i've seen..... i posted demo trades in real time in the thread just to prove or disprove for myself... every single one went in the expected direction for me.... >>> proof is there>>> https://www.forexfactory.com/showthr...7#post10013377 the original thread was by bill bliss >>>> https://www.forexfactory.com/showthread.php?t=160679 nasap & jibala constantly claimed to making pips like crazy also...both mentioned correlation as...
I will read second link basics but I don't have much time for read long threads then if you show me some chart with explanation how you trade maybe we can advance something
Try don't lose pants never...
  • #7,153
  • Edited 3:06pm Jun 23, 2017 2:45pm | Edited 3:06pm
Quoting braintheboss
{quote} I will read second link basics but I don't have much time for read long threads then if you show me some chart with explanation how you trade maybe we can advance something

post number one of bill bliss thread if you understand it is all that one needs to know

https://www.forexfactory.com/showthread.php?t=160679

it is the same thing shown by rajancr... read rajancrs 4 or 5 posts https://www.forexfactory.com/showthr...99#post8376599

using 4 hour or daily correlations(76% or more + or - correlation) to pick the pairs to trade against each other

rajancr chose eu and uchf because they are always 96% highly negatively correlated, but we could use any two correlated pairs to trade against each other, when one is strong the other follows or... they converge/diverge

other stuff can be added or made to improve later.... the other option is simply add correlation to strength meter dashboards that you already have..show only the correlated pairs..show as spaghetti for timing.... rajancrs charts explain very well..picture worth thousand words etc. TY for your consideration

in other words i only care if a currency is strong or weak if i can view it in terms/context for its correlated pair(for timing)... its a matter of knowing how to read the info>>>>

so ultimately using bid ratio or cot data on correlated pairs for divergence/convergence to time the trades when the currencies are strong/weak is one advanced idea to consider but it can be kept very simple also


jibala specifically mentions correlation to determine strength and/or what she calls "correlation gap" https://www.forexfactory.com/showthr...95#post9211995

https://www.forexfactory.com/showthr...35#post9462935
  • #7,154
  • Jun 23, 2017 3:29pm Jun 23, 2017 3:29pm
Quoting dagoods
{quote} post number one of bill bliss thread if you understand it is all that one needs to know https://www.forexfactory.com/showthread.php?t=160679 it is the same thing shown by rajancr... read rajancrs 4 or 5 posts https://www.forexfactory.com/showthr...99#post8376599 using 4 hour or daily correlations(76% or more + or - correlation) to pick the pairs to trade against each other rajancr chose eu and uchf because they are always 96% highly negatively correlated, but we could use any two correlated pairs to trade...
I knowed triangular correlation and that things. The only new thing for me is the trade the pair dont make HH/LL. Its a simple and interesting approach. I will check it next week for see if it can be used with my tools in easy way
Try don't lose pants never...
  • #7,155
  • Jun 23, 2017 3:39pm Jun 23, 2017 3:39pm
"other stuff can be added or made to improve later.... the other option is simply add correlation to strength meter dashboards that you already have..show only the correlated pairs..show as spaghetti for timing.... rajancrs charts explain very well..picture worth thousand words etc. TY for your consideration"

About spaguetti tools personally I prefer search other approaches. Basically MTF. If something works random in forex are correlation indicators. You can have movement same movement direction with drawings very different ( opposite movement or parallel movement in both directions ) in one indicator. Then is not easy use it as auto strategy or inclusive manually

A capture for see how different drawings makes same movement...
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla (47).png Size: 59 KB
Try don't lose pants never...
  • #7,156
  • Edited 4:43pm Jun 23, 2017 4:29pm | Edited 4:43pm
Quoting braintheboss
"other stuff can be added or made to improve later.... the other option is simply add correlation to strength meter dashboards that you already have..show only the correlated pairs..show as spaghetti for timing.... rajancrs charts explain very well..picture worth thousand words etc. TY for your consideration" About spaguetti tools personally I prefer search other approaches. Basically MTF. If something works random in forex are correlation indicators. You can have movement same movement direction with drawings very different ( opposite movement...

forgive me...but i do not follow... how would you trade that? appears like they are not normalized as shown in ranjacrs chart>>> https://www.forexfactory.com/showthr...99#post8376599 https://www.forexfactory.com/showthr...18#post8376618 those chart makes it look easy i suppose....

only wished to have the easiest to see the trades visually...ranjacrs chart looked very easy to read, i.e. know when to take a trade.... but you are the creator so.. whatever you believe is best.... ranjacr explanation is "divergence from the mean" https://www.forexfactory.com/showthr...18#post8376618

i would think each time frame is its own animal so to speak, since each has its own mean...no?
  • #7,157
  • Jun 23, 2017 5:03pm Jun 23, 2017 5:03pm
Quoting dagoods
{quote} forgive me...but i do not follow... how would you trade that? appears like they are not normalized as shown in ranjacrs chart>>> https://www.forexfactory.com/showthr...99#post8376599 https://www.forexfactory.com/showthr...18#post8376618 those chart makes it look easy i suppose.... only wished to have the easiest to see the trades visually...ranjacrs chart looked very easy to read, i.e. know when to take a trade.... but you are the creator so.. whatever you believe is best.... ranjacr explanation...
You answer yourself here: rajancr chose eu and uchf because they are always 96% highly negatively correlated, but we could use any two correlated pairs to trade against each other, when one is strong the other follows or... they converge/diverge

He is using mirror correlation. For that looks like capture. But really is not correlation tools. It's just both pairs in same chart. But overlays have some problems with scale l. I don't know if that indicator solve that... Anyways is difficult pass that kind to EA because don't exits the extreme references. Or at least it's hard to make it...

Manual trading is very different to EAs. The things looks easy and logical in manual can be hard to implement in software. Only thing I see interesting and easily to implement is I told you before
Try don't lose pants never...
  • #7,158
  • Jun 23, 2017 9:04pm Jun 23, 2017 9:04pm
[quote=jenbols;9976109]
Quoting juraia
{quote}Note i can get the Last Figure (TOT Profit) with The Trade Report Compact , but not by Basket Result
I am sure you know this already, if you use a different magic # for each basket then you can track it with Trade Report on an individual basis.
When you are successful perhaps give a thought to others ... Kiva dot org
  • #7,159
  • Jun 24, 2017 11:25am Jun 24, 2017 11:25am
Quoting braintheboss
{quote} You answer yourself here: rajancr chose eu and uchf because they are always 96% highly negatively correlated, but we could use any two correlated pairs to trade against each other, when one is strong the other follows or... they converge/diverge He is using mirror correlation. For that looks like capture. But really is not correlation tools. It's just both pairs in same chart. But overlays have some problems with scale l. I don't know if that indicator solve that... Anyways is difficult pass that kind to EA because don't exits the extreme...

here is a divergence indicator for consideration>>>> https://www.forexfactory.com/showthr...7#post10014297

others can be found there>>> https://www.forexfactory.com/showthread.php?t=22109

so then to be combined with correlated pairs, could make a great dash, could add the LVC's for exis also if you like

simply ideas for your considerations TY again
  • #7,160
  • Jun 24, 2017 12:10pm Jun 24, 2017 12:10pm
Quoting braintheboss
"other stuff can be added or made to improve later.... the other option is simply add correlation to strength meter dashboards that you already have..show only the correlated pairs..show as spaghetti for timing.... rajancrs charts explain very well..picture worth thousand words etc. TY for your consideration" About spaguetti tools personally I prefer search other approaches. Basically MTF. If something works random in forex are correlation indicators. You can have movement same movement direction with drawings very different ( opposite movement...

would you kindly explain what it is shown in that picture.... a mtf of uch and eu but using what? i'm curious if they separate enough for arbitrage. in other words if that indicator can time when to buy both eu and uch so as to wait for them to move together/away to exit with profit, then rinse repeat..... would think the entries would have to be timed though for that to work... curious if they ever move far enough out of synch to cover spread and slippage.... yet, so again comes back to divergence yes? no? also would make me wonder if they are Too much correlated to be arbitraged..... ty
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