Disliked{quote} Hello friend, you may have the indicators that come up in the screen ?? thanksIgnored
Mother of Pips
https://www.forexfactory.com/showthr...10016047#reply for reference, not strong versus weak that matters but strengthening versus weakening..... also not strength gap that matters, but correlation gap these are also what was said by nasap and jibala .... but in terms of the strength meters should be measuring to achieve a way to pit conce currency accelerating, versus another currency decelerating at the same time, what bernard calls a double gap has anyone made their dashboard able to auto trade only...
dagoods, i like your idea. my idea for a good buy/sell signal was not that great. i will try to implement something on my dash based on the strength/weakness of the pairs. thanks!!!
Mother of Pips
- #19,654
- Edited 2:08pm Jul 4, 2017 1:48pm | Edited 2:08pm
- Joined Nov 2007 | Status: Trader | 3,060 Posts
i'm up 25 pips on GBPCAD. my dash is showing that as being the strongest divergence now. i got in the trade about 1 hour ago. {image}
divergence, nice.....divergence is generally looked at visually...so how are you spotting divergence with a dash? are you using some sort of divergence indicator? would you kindly explain. Gracias
can divergence indicator be made using Bid ratio or other sensitive instant way? cot data, bid ratio, spreads, tick volume etc.
something that is uber sensitive perhaps using something like polynomial math or something?
just spitballing
- #19,655
- Jul 4, 2017 2:10pm Jul 4, 2017 2:10pm
- Joined Nov 2007 | Status: Trader | 3,060 Posts
so i took dagood's advice and added the B/S column. this column shows which pair is trending the most by highlighting the pair which has the greatest distance between the MA7 and MA21 on the Hour TF. i went 5 for 5 last week using this signal. but i only went for 10 pips. my intent is to use this to scalp. the signal matched another indie i like called "oasis dashboard", so i think it worked pretty well. i also added the SAR column to check for a reversal. my middle name is "getting in at the end of a trend and not the beginning or middle". so i...
can the dash spot multiple currencies pairs hitting SAR at the same time? that could be good
{quote} divergence, nice.....divergence is generally looked at visually...so how are you spotting divergence with a dash? are you using some sort of divergence indicator? would you kindly explain. Gracias can divergence indicator be made using Bid ratio or other sensitive instant way? cot data, bid ratio, spreads, tick volume etc. something that is uber sensitive perhaps using something like polynomial math or something? just spitballing
and i am showing this by looking at the B/S column. the number in it shows the distance between these 2 moving averages. the greater the number, the more divergence. the color shows the direction. and the pair with the DARKEST color, is the one with the greatest distance, thus greatest divergence.
the next column is probably not that necessary, but sort of left over from testing. but it shows the average of the m15 and m30. the lighter colors shows direction. if it shows a DARK color, that means that the ADX is over 30.
the SAR column shows if the pair is trending up or down on the 30min TF.
so if the B/S and SAR columns match with the dark color(in the B/S column), it is a good signal and the best pair. if the middle column shows a matching dark color, even better signal since that means the ADX is over 30.
WHEN THE SAR COLOR DISAGREES WITH THE B/S COLOR, YOU MIGHT WANT TO THINK ABOUT GETTING OUT. or at the very least, keep an eye on it. the run might be over.
Mother of Pips
{quote} can the dash spot multiple currencies pairs hitting SAR at the same time? that could be good
yes! if the SAR color changes on a pair, its run might be over, or coming to an end. i am trying to set up a signal telling me when to get out of a trade by looking for the SAR to change on the 30TF.
Mother of Pips
