Currency strength indicator at 5 min time frame | Forex Factory

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Currency strength indicator at 5 min time frame

  • #1
  • First Post: Jan 28, 2019 3:53am Jan 28, 2019 3:53am
Hello everyone!

I made a currency strenght indicator, which makes it easier to choose good currency pairs for trading.
With the system you can determine which currenc is strenghtening and which is weakening.
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  • #2
  • Jan 28, 2019 6:19am Jan 28, 2019 6:19am
Is there a link for the indicator. Thanks.
  • #3
  • Jan 28, 2019 12:25pm Jan 28, 2019 12:25pm
EUR PUMP!
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  • #4
  • Jan 28, 2019 12:35pm Jan 28, 2019 12:35pm
Look good. Are you going to share?
  • #5
  • Jan 28, 2019 10:51pm Jan 28, 2019 10:51pm
Quoting mlaci65
Hello everyone! I made a currency strenght indicator, which makes it easier to choose good currency pairs for trading. With the system you can determine which currenc is strenghtening and which is weakening.{image}{image}
can you share indicator
  • #6
  • Jan 28, 2019 11:40pm Jan 28, 2019 11:40pm
Quoting lemercenaire
Look good. Are you going to share?

no he is promote indicator
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  • #7
  • Jan 29, 2019 1:10am Jan 29, 2019 1:10am
Hi,
NZD dominance!
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we sleep they are working
  • #8
  • Jan 29, 2019 1:17am Jan 29, 2019 1:17am
this platform is working on the system
NinjaTrader 7
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  • #9
  • Jan 29, 2019 1:26am Jan 29, 2019 1:26am
the moment you left
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  • #10
  • Jan 29, 2019 1:30am Jan 29, 2019 1:30am
Quoting thisara1
{quote} no he is promote indicator {image}
Surprise, surprise...
  • #11
  • Jan 29, 2019 4:05am Jan 29, 2019 4:05am
Quoting mlaci65
this platform is working on the system NinjaTrader 7{image}
any reason new thread start?
  • #12
  • Jan 29, 2019 6:44am Jan 29, 2019 6:44am
Don't bother, currency strength indicators are next to useless
  • #13
  • Jan 29, 2019 8:44am Jan 29, 2019 8:44am
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Quoting rover99x
Don't bother, currency strength indicators are next to useless
That's your opinion. I know this can help a lot of people, people who are beginners, and at a lot of times they are making trades against the trend. This can help them make better decisions.

Think about the people that made trades after these lines, at the picture against the trend. They lost money for nothing, and made them frustrated.
  • #14
  • Edited 9:09am Jan 29, 2019 8:58am | Edited 9:09am
Quoting mlaci65
{image} {quote} That's your opinion. I know this can help a lot of people, people who are beginners, and at a lot of times they are making trades against the trend. This can help them make better decisions. Think about the people that made trades after these lines, at the picture against the trend. They lost money for nothing, and made them frustrated.

are you like this indicator sell.why it not share
  • #15
  • Jan 29, 2019 10:54am Jan 29, 2019 10:54am
Quoting thisara1
{quote} are you like this indicator sell.why it not share
as i could figure,he said its still under development,, maybe thats why he's not sharing it for beginners and ofcourse,wolfes...
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #16
  • Jan 29, 2019 10:56am Jan 29, 2019 10:56am
Quoting SkullCandy
{quote} as i could figure,he said its still under development,, maybe thats why he's not sharing it for beginners and ofcourse,wolfes...
Commercial Section though herehttps://www.forexfactory.com/forumdisplay.php?f=158
  • #17
  • Jan 29, 2019 3:00pm Jan 29, 2019 3:00pm
Quoting mlaci65
{image} {quote} That's your opinion. I know this can help a lot of people, people who are beginners, and at a lot of times they are making trades against the trend. This can help them make better decisions. Think about the people that made trades after these lines, at the picture against the trend. They lost money for nothing, and made them frustrated.
Yes it is my opinion but it's based on many years of trading and study and talking to many profitable traders. By the time currency meters react it's too late to enter, it just doesn't work, you're far better off with an MA!
You just cannot predict markets, and don't you think that if you could predict movements using this you wouldn't be selling it here!
Go on tell me you're going to give it away free lol
  • #18
  • Jan 29, 2019 3:25pm Jan 29, 2019 3:25pm
Quoting rover99x
{quote} Yes it is my opinion but it's based on many years of trading and study and talking to many profitable traders. By the time currency meters react it's too late to enter, it just doesn't work, you're far better off with an MA! You just cannot predict markets, and don't you think that if you could predict movements using this you wouldn't be selling it here! Go on tell me you're going to give it away free lol

he is silent

mlaci65 dont's try selling your indicator.i am also follow curruncy steanth
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  • #19
  • Jan 29, 2019 3:49pm Jan 29, 2019 3:49pm
hi Mlaci65 (:

... to balance things a little bit...

i wanna thank you for sharing with this forum community the way you deal with this currencies market thing.

seem's to me that you have a good aproach, identifying strengh / weakness and then go with the observed flow.

although it won't be a 100% sure thing every single time, sometimes stop loss will be activated, i'm sure that you are catching good moves with this aproach.

all the best (:

have a nice day / week


luís
  • #20
  • Jan 30, 2019 4:13am Jan 30, 2019 4:13am
Quoting luisinho
hi Mlaci65 (: ... to balance things a little bit... i wanna thank you for sharing with this forum community the way you deal with this currencies market thing. seem's to me that you have a good aproach, identifying strengh / weakness and then go with the observed flow. although it won't be a 100% sure thing every single time, sometimes stop loss will be activated, i'm sure that you are catching good moves with this aproach. all the best (: have a nice day / week luís
Sorry but you're wrong, currency strength indicators are after the fact, it's no better than entering a long on an up bar or entering a short on a down bar! Don't waste your time...........
Concentrate your efforts on managing your trades and where you exit, that's what gives you an edge not playing around with indicators

Currency strength indicators, in fact any indicator is purely an illusion and gives false hope!
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