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(binned per thread starter's request) Currency Strength with cont

  • #1,821
  • Aug 24, 2018 5:58am Aug 24, 2018 5:58am
Quoting neilsdigest
OK see if you can work this one out.. Here are some currency pairs.. Notice the bold currency. So the first person who says there is no such pair as the JPY/EUR etc wants to leave this place and take up knitting ;-) Why is there a difference in the percent? Pairs added.. EUR/JPY - JPY/EUR EUR/USD -USD/EUR AUD/CHF - CHF/AUD NZD/CAD - CAD/NZD {image}
Oh no it's because for example for the EUR/JPY I used Oanda and for the JPY/EUR is used ICE data feed... It's just the difference in different feed closing prices.

So always use the same data feed for everything.. Like ICE even though you have to use OANDA for the XAU/XXX
The most violent element in society is IGNORANCE
  • #1,822
  • Aug 24, 2018 6:00am Aug 24, 2018 6:00am
Quoting assassin85
the correlation change everyday. so what time period for the correlation to consider valid?
Use the daily as it doesn't change very often..
The most violent element in society is IGNORANCE
  • #1,823
  • Aug 24, 2018 6:02am Aug 24, 2018 6:02am
Quoting Botan626
{quote} You need a source file .mq4 to edit indi/ea. The file you posted is a compiled ver.
Welcome back Botan626.... I take it the dickhead Nicholishen reported you for calling him a imbecile... Well you was telling the truth so all is good. You're back ;-)
The most violent element in society is IGNORANCE
  • #1,824
  • Aug 24, 2018 6:03am Aug 24, 2018 6:03am
Quoting neilsdigest
{quote} Oh no it's because for example for the EUR/JPY I used Oanda and for the JPY/EUR is used ICE data feed... It's just the difference in different feed closing prices. So always use the same data feed for everything.. Like ICE even though you have to use OANDA for the XAU/XXX
LOL... I should start looking for knitting classes...
  • #1,825
  • Aug 24, 2018 6:04am Aug 24, 2018 6:04am
Quoting aaven
{quote} LOL... I should start looking for knitting classes...
hahahahahahahaha no not just yet.. I was just testing you all to see if you where all awake LOL

P.S I see the hater disliker is busy again.. Should I write 100 new posts and keep the crazy busy?
The most violent element in society is IGNORANCE
  • #1,826
  • Aug 24, 2018 6:07am Aug 24, 2018 6:07am
Testing 1 2 3 -
The most violent element in society is IGNORANCE
  • #1,827
  • Aug 24, 2018 6:19am Aug 24, 2018 6:19am
Quoting neilsdigest
{quote} Welcome back Botan626.... I take it the dickhead Nicholishen reported you for calling him a imbecile... Well you was telling the truth so all is good. You're back ;-)
Ah it's not the 1st time I got suspended by a senior and well important and very helpful high impact member.

Once I woke up and found out I was suspended and unsuspended both during my sleep as I also received 2 emails re this case.

And yes, he is an imbecile. Once I asked a Q in the "I will code your indi for free" thread which required a plain A of a number, but also required the understanding of how the indi works, and this idiot gave me 10 different As, including quoting the damn code. At the end I found out the A by myself, and the A was "0".

Insert (https://www.forexfactory.com/#)
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  • #1,828
  • Aug 24, 2018 6:32am Aug 24, 2018 6:32am
Quoting Botan626
{quote} Ah it's not the 1st time I got suspended by a senior and well important and very helpful high impact member. Once I woke up and found out I was suspended and unsuspended both during my sleep as I also received 2 emails re this case. And yes, he is an imbecile. Once I asked a Q in the "I will code your indi for free" thread which required a plain A of a number, but also required the understanding of how the indi works, and this idiot gave me 10 different As, including quoting the damn code. At the end I found out the A by myself, and the...
He does seem a right nutcase.... Well this forum is full of them like him.... I just annoy them more LOL
The most violent element in society is IGNORANCE
  • #1,829
  • Aug 24, 2018 6:34am Aug 24, 2018 6:34am
This happened quite fast.

Insert (https://www.forexfactory.com/#)
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  • #1,830
  • Aug 24, 2018 6:44am Aug 24, 2018 6:44am
Quoting Botan626
This happened quite fast. Insert (https://www.forexfactory.com/#) {image}
Its a dislike script by Stimpy... Banned from the forum.. He makes up fake profiles as well.. A real nut job.... A friend of the 66 year old Australian idiot named Eribus, who is still here on this forum going from thread to thread posting to get subscribers.. He must have about a million indicators on his chart by now.....
The most violent element in society is IGNORANCE
  • #1,831
  • Aug 24, 2018 6:49am Aug 24, 2018 6:49am
Im aware of Erebus too, another one with no brain.

Quoting neilsdigest
{quote}He must have about a million indicators on his chart by now.....
Like this?
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  • #1,832
  • Aug 24, 2018 6:53am Aug 24, 2018 6:53am
I hope I shoot properly with negative correlation.
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  • #1,833
  • Aug 24, 2018 7:04am Aug 24, 2018 7:04am
Quoting maknil
I hope I shoot properly with negative correlation. {image} {image}
I can't tell which are the candle ones but it looks OK.. Always though reverse the WCU/USD and don't include the USD/WCU.

In a way the WCU is the USD.. WCU/USD is like trading the USD/USD

If one currency hits the top and one a bottom at the same time. It will go back to the mean price over time (The middle)

I'll post the daily correlation table later.
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The most violent element in society is IGNORANCE
  • #1,834
  • Aug 24, 2018 7:08am Aug 24, 2018 7:08am
Political upheaval in Australia today, saw this opportunity

Appeared to work to work +50 pips minimum.

Am enjoying the education put forward by Neil
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  • #1,835
  • Aug 24, 2018 7:11am Aug 24, 2018 7:11am
Quoting brownturtle
Political upheaval in Australia today, saw this opportunity Appeared to work to work +50 pips minimum. Am enjoying the education put forward by Neil {image}
Love the name of your layout lol.
  • #1,836
  • Aug 24, 2018 7:18am Aug 24, 2018 7:18am
dear Neil,

tops and bottoms is exactly different from the contrarian method. so which one should we use?
Forex is a wild wild beast. You cannot tame it. Just run wild with it.
  • #1,837
  • Aug 24, 2018 7:29am Aug 24, 2018 7:29am
Quoting brownturtle
Political upheaval in Australia today, saw this opportunity Appeared to work to work +50 pips minimum. Am enjoying the education put forward by Neil {image}
Love it.... Nice top and bottom as well... I'll look later but it is Friday.. I take the day off from trading unless something good comes along.

As well as the negative correlation top bottom chart, I tried this way as well.. Don't take the percent in the watch list as trade signals but you can tell at a glance which pairs negative correlation are working out the best.


So if the GBP/JPY is rising we want the USD/NOK to fall - Or as in the case of the watch list GBPJPY+NOKUSD should have a green + (The more the better ) and the GBP/JPY will rise more.

Find one on the DAILY chart.. One at the bottom and one at the top.. Ride that move until they hit the top/bottom on the H1 chart.

The GBP/JPY hit the top on the H1 at 11am (UTC+1) and started going down.
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The most violent element in society is IGNORANCE
  • #1,838
  • Aug 24, 2018 7:33am Aug 24, 2018 7:33am
Quoting assassin85
dear Neil, tops and bottoms is exactly different from the contrarian method. so which one should we use?
Any you like and feel more comfortable with... I never carried on posting about the contrarian method so much as all the info is on post one.. Really not much need to add more to it..

The top/bottom is very powerful but it does take a lot of getting used to. In parts its very advanced trading method and developed from how the big boys trade... Just a little different as we can't all afford million dollar computer equipment to work out the algo etc... But tradingview is just as good and you can do it for free.

Using tradingview on the free plan. Of which is good enough but you don't get tick by tick data. Over wise its perfect.

I got it working on MT4 but you have to use an overlay indicator.. I'll post it when I can find it in all my computer mess.
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The most violent element in society is IGNORANCE
  • #1,839
  • Aug 24, 2018 8:11am Aug 24, 2018 8:11am
Quoting neilsdigest
{quote} Love it.... Nice top and bottom as well... I'll look later but it is Friday.. I take the day off from trading unless something good comes along. As well as the negative correlation top bottom chart, I tried this way as well.. Don't take the percent in the watch list as trade signals but you can tell at a glance which pairs negative correlation are working out the best. So if the GBP/JPY is rising we want the USD/NOK to fall - Or as in the case of the watch list GBPJPY+NOKUSD should have a green + (The more the better ) and the GBP/JPY will...
I took that data as shown on the watchlist and bought/sold based on the percent as a test.. Each + I brought and each - I sold... These are demo trades and will leave it open until just before New York close and post the result... NO Method in the selection but just using the table of the negative correlation pairs.. No tops/bottoms or contrarian. Just random buy and sell. Just see how the negative correlation with each pair works.. DO NOT COPY THESE TRADES. IT IS A TEST.

P.S I meant to have 1 lot each but forgot to change it. The trades are 10 lots. 1,000,000 shares.
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The most violent element in society is IGNORANCE
  • #1,840
  • Aug 24, 2018 8:41am Aug 24, 2018 8:41am
Quoting neilsdigest
{quote} The top/bottom is very powerful but it does take a lot of getting used to. In parts its very advanced trading method and developed from how the big boys trade... Just a little different as we can't all afford million dollar computer equipment to work out the algo etc... But tradingview is just as good and you can do it for free. Using tradingview on the free plan. {image}
Top/bottom using WCU seems to me like very powerful strategy. I'm still a WCU's greenhorn but so far I've opened couple of trades (long NZDUSD, GBPUSD, XAUUSD) and keep it opened for couple of days now for very nice profit. I like the stressless trading without staring hours on charts. Thank you Neil for bringing WCU to my attention.
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