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Currency Strength Simple

  • #201
  • Jun 24, 2019 2:45am Jun 24, 2019 2:45am
A warm Hi to everyone here,

There are plenty of ways to use the CS, Like the many methods mentioned in threads.

I want to tell my experience, There are two numbers in this tool
Percentage of purchase and percentage of sales

When this number is less than 10% The price will be reversed(perhaps and Certainly)
Note: Sometimes the price moves in the same direction and reverses after 20 to 50 pips
Attached Images
be healthy and wealthy... Ceeport
  • #202
  • Edited 11:45am Jun 24, 2019 9:39am | Edited 11:45am
Today : another axample from GBPUSD
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Today : After 2 hours ...

Attached Image (click to enlarge)
Click to Enlarge Name: 7-2.png Size: 42 KB
be healthy and wealthy... Ceeport
  • #203
  • Jun 25, 2019 1:58am Jun 25, 2019 1:58am
Dear Shahed58,
For the expert CS v9 , would it be possible to add a ''+'' and ''-'' button in order to go forward and backward in time without needing to open the settings window of the expert ?
  • #204
  • Jun 26, 2019 3:09am Jun 26, 2019 3:09am
Quoting rosalieone
Dear Shahed58, For the expert CS v9 , would it be possible to add a ''+'' and ''-'' button in order to go forward and backward in time without needing to open the settings window of the expert ?
hi my friend,
I'll find a simple way for this
be healthy and wealthy... Ceeport
  • #205
  • Jun 28, 2019 4:17pm Jun 28, 2019 4:17pm
We need more trade examples, I am trying to get a grasp of how to utilize this indicator.
  • #206
  • Jun 28, 2019 4:21pm Jun 28, 2019 4:21pm
Quoting shahed58
A warm Hi to everyone here, There are plenty of ways to use the CS, Like the many methods mentioned in threads. I want to tell my experience, There are two numbers in this tool Percentage of purchase and percentage of sales When this number is less than 10% The price will be reversed(perhaps and Certainly) Note: Sometimes the price moves in the same direction and reverses after 20 to 50 pips {image} {image} {image} {image} {image} {image}

I really don't understand what you meant by "Percentage of purchase and percentage of sales" Or where it is located on the indicator
  • #207
  • Jun 28, 2019 4:25pm Jun 28, 2019 4:25pm
You can give more clarification, if it is on the daily or weekly. And u can add the indicator readings at that time
  • #208
  • Jun 29, 2019 9:36am Jun 29, 2019 9:36am
Quoting francisakz
{quote} I really don't understand what you meant by "Percentage of purchase and percentage of sales" Or where it is located on the indicator
The same numbers as this tool displays
10% or 25% or 90%.
Quoting francisakz
You can give more clarification, if it is on the daily or weekly. And u can add the indicator readings at that time
I focus on daily

hello francisakz , When the percentage is below 10, the market shows reverse behavior

A simple example in EURUSD:
If the percentage of the USD goes below 10, this is the beginning of a fall.
Or vice versa , If the percentage of EUR goes below 10 , this is the beginning of a climb.

Of course this is an experience and your point is important too...
be healthy and wealthy... Ceeport
  • #209
  • Jun 29, 2019 11:50am Jun 29, 2019 11:50am
Hello How are you Shahed58 and things running. I like this idea of reversals you posted. When the number is below 10 Buy or Sell depending on Symbol. Nice. Can an EA be made with this condition. I want to Backtest this idea of whenever USD fell below 10 so Sell EURUSD or whenever EUR fell below 10 Buy EURUSD as example.
I want to test this with Historical Data. Can it be made possible.

And one more thing. Please tell me I understood correctly.

If CAD was 8% that means CAD is too weak now. So will strenghten. As a result can SELL USDCAD EURCAD GBPCAD AUDCAD NZDCAD and BUY CADJPY. Is that correct.

Thank you and further I want to discuss some idea to you regarding EA I have that I use. But I cannot pm you. So is it possible to contact you.

Thank you
  • #210
  • Jun 30, 2019 8:41am Jun 30, 2019 8:41am
Quoting Ss0
Hello How are you Shahed58 and things running. I like this idea of reversals you posted. When the number is below 10 Buy or Sell depending on Symbol. Nice. Can an EA be made with this condition. I want to Backtest this idea of whenever USD fell below 10 so Sell EURUSD or whenever EUR fell below 10 Buy EURUSD as example. I want to test this with Historical Data. Can it be made possible. And one more thing. Please tell me I understood correctly. If CAD was 8% that means CAD is too weak now. So will strenghten. As a result can SELL USDCAD EURCAD GBPCAD...
If CAD is weak you Buy USDCAD, AUDCAD, NZDCAD, GBPCAD , EURCAD, then sell CADJPY. But for greater pips you have to look for the percentage of this other pairs as well. For example if CAD has a percentage of 8% and USD is at 20% and GBP is at strength of 95% definitely GBPCAD will trend more than USDCAD
  • #211
  • Jun 30, 2019 1:01pm Jun 30, 2019 1:01pm
Quoting francisakz
{quote} If CAD is weak you Buy USDCAD, AUDCAD, NZDCAD, GBPCAD , EURCAD, then sell CADJPY. But for greater pips you have to look for the percentage of this other pairs as well. For example if CAD has a percentage of 8% and USD is at 20% and GBP is at strength of 95% definitely GBPCAD will trend more than USDCAD
No You Dont Buy USDCAD, AUDCAD, NZDCAD, GBPCAD, EURCAD. then not sell CADJPY. What I asked is pertaining to Shaheds theory of reversals below 10%. So if CAD was weak at 8% this is Not USDCAD only CAD so now CAD will strengthen. As a result USDCAD should move down. Anyway Shahed would answer this
  • #212
  • Jul 1, 2019 8:00am Jul 1, 2019 8:00am
Quoting Ss0
Hello How are you Shahed58 and things running. I like this idea of reversals you posted. When the number is below 10 Buy or Sell depending on Symbol. Nice. Can an EA be made with this condition. I want to Backtest this idea of whenever USD fell below 10 so Sell EURUSD or whenever EUR fell below 10 Buy EURUSD as example. I want to test this with Historical Data. Can it be made possible. And one more thing. Please tell me I understood correctly. If CAD was 8% that means CAD is too weak now. So will strenghten. As a result can SELL USDCAD EURCAD GBPCAD...
hi Ss0
Your impression is quite correct , Consider numbers less than 5
be healthy and wealthy... Ceeport
  • #213
  • Jul 2, 2019 11:40am Jul 2, 2019 11:40am
Ok
  • #214
  • Jul 3, 2019 3:56pm Jul 3, 2019 3:56pm
Hello Shahed58,

why the EA looks like this!
Attached Image
  • #215
  • Jul 4, 2019 1:09am Jul 4, 2019 1:09am
Quoting salimc
Hello Shahed58, why the EA looks like this! {image}
hi salimc
your problem is data
You must download the full data , use this for download
https://www.forexfactory.com/showthr...7#post11015587
be healthy and wealthy... Ceeport
  • #216
  • Jul 4, 2019 7:08am Jul 4, 2019 7:08am
Quoting shahed58
{quote} hi salimc your problem is data You must download the full data , use this for download https://www.forexfactory.com/showthr...7#post11015587
Thanks.
  • #217
  • Jul 13, 2019 3:58pm Jul 13, 2019 3:58pm
Quoting shahed58
{quote} hi salimc your problem is data You must download the full data , use this for download https://www.forexfactory.com/showthr...7#post11015587
Hi Shahed58 please can you tell me when its time to enter a trade on DAILY CHART using the super ver 9 Is it when the alert sound or can you fix it so that an entry for a tradeable pair will not be missed. attached is a screen shot .Thanks for helping out here.
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  • #218
  • Jul 18, 2019 5:53am Jul 18, 2019 5:53am
Hello Shahed

Yesterday I was following NZD Currency Index from Lite forex and the PA was in perfect timing with your EA.

Today I am looking at the AUD chart from Lite Forex. there is a good bullish PA but the market is slow.

I will wait and see when the AUD will pick up on your EA.
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  • #219
  • Jul 18, 2019 6:05am Jul 18, 2019 6:05am
By the way Shahed this dashboard Dash-Shahed-58-ver4 is excellent.
Is it the newest version?

May I ask please what time frame does the percentage change represent for each currency. Is it H1/H4? When I changed TFs, the percentage remained the same?
I kind of prefer it because at the moment it is showing a real weakness in EUR and strength in AUD.

Mind I suggest to inverse some of the pairs, like for ex with NZD, we may have NZDGBP, NZDAUD/NZDEUR, etc.. This will give a clearer visuality.

Thanks for all your great work.

Regards
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  • #220
  • Jul 18, 2019 6:11am Jul 18, 2019 6:11am
Quoting mtharwat
By the way Shahed this dashboard Dash-Shahed-58-ver4 is excellent. Is it the newest version? May I ask please what time frame does the percentage change represent for each currency. Is it H1/H4? I kind of prefer it because at the moment it is showing a real weakness in EUR and strength in AUD. Mind I suggest to inverse some of the pairs, like for ex with NZD, we may have NZDGBP, NZDAUD/NZDEUR, etc.. This will give a clearer visuality. Thanks for all your great work. Regards {image} {image}
well done friendscan you share this both indicator name download?
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