Disliked{quote} VEEFX, If you open the web address in Google Chrome, it will ask if you want it trasnlated.Ignored
Staying in my lane...
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Disliked{quote} VEEFX, If you open the web address in Google Chrome, it will ask if you want it trasnlated.Ignored
QuoteDislikedposition #1
QuoteDislikedcadjpy sell -- genome: C0D15 (0.01 lot for each 1,000 USD)
it is the most volatile pair last 16 days- (15+1=16)
@ 89.00
Disliked{quote} Master -Mind, AudUsd is buy or sell? Can you share on how to set the criteria to enter trade Base on your currency indicator? ThanksIgnored
QuoteDislikedFAR 100M 200 PIPS RESPECTIVELY AND WAIT FOR TARGET MORE THEN 200 PIPS(EPEND ON PAIR VELOCITY)
DislikedIN PICT ABOVE: you see GBPAUD, THE MOST VOLATILE PAIR TODAY. C0D0 C0D0: CLOSE THIS DAY-OPEN THIS DAY, C2D3: CLOSE 2 DAYS AGO -OPEN FIVE DAYS AGO , (5=2+3) IMAGINE IT AS 3DAY FRAME. EACH THREE CANDLES CONSIDERED ONE CANDLE.Ignored
Now, here's what I suggest if we want to significantly exploit the power of this tool. Replace the "D" in your tool with a Session Candle.
One Sessions(Candle):
London-Only (for GBP, EUR Strength)
London+US (Overlap) (for GBP+JPY Strength)
USA-Only (ALL 7 >> GBP, EUR, JPY, AUD, NZD, CAD, CHF)
TOKYO (for JPY+AUD+NZD+CAD)
T+L (for JPY, EUR and GBP)
Outside of the main sessions for each country is considered 'price manipulation zone' and to be ignored in our strength calculation. This will give us directional bias and then when you entry becomes insignificant.
Too complex for some but this is how currency markets are designed to function. Focus should be to exploit what happens all day every day, all week every week until the central banks step in and then we reverse and continue to follow the strength all day every day, all week every week. IF this behavior in price movement is not evident to the naked eye, then markets are stuck in a range and that will evidently show up very easily in the tool as a red/green/red/green heatmap for us to avoid.
EDIT: Perhaps I should mention. Session Time should be based on UTC and not broker time to make this a universal approach to achieve consistency. It should have no impact on broker offset or local DST changes.
EDIT1: I figured out 1,2 and 3 after playing around with the tool.
Disliked{quote} You have peaked my interest as long time back, I had worked with a developer (here at FF) to help me build a session based candle generator to feed data into my movers and shakers indicator I attached earlier. He learnt all the strategy details and developed but then bailed on me after 3 months. He provided a non-working compiled version making some stupid confidentiality excuse that he cannot share the code as it uses some libraries paid by other clients. Utter BS. You get what you pay for which is nothing :-( Anyways, reading this post,...Ignored
DislikedIN PICT ABOVE: you see GBPAUD, THE MOST VOLATILE PAIR TODAY. C0D0 C0D0: CLOSE THIS DAY-OPEN THIS DAY, C2D3: CLOSE 2 DAYS AGO -OPEN FIVE DAYS AGO , (5=2+3) IMAGINE IT AS 3DAY FRAME. EACH THREE CANDLES CONSIDERED ONE CANDLE.Ignored