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Trading correlation pairs by using the other pairs

  • #461
  • Jun 1, 2020 6:07pm Jun 1, 2020 6:07pm
Quoting P.Action
{quote} I use different leverage according to position reliabilty. Sometimes high sometimes low. But i Calculate as i said.
NOt going to discuss this further, straying from the thread topic.
It never gets easier, you just get better
  • #462
  • Jun 1, 2020 6:18pm Jun 1, 2020 6:18pm
Quoting Shabs19
{quote} NOt going to discuss this further, straying from the thread topic.
yes here is good corelation.

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  • #463
  • Jun 2, 2020 2:32am Jun 2, 2020 2:32am
@ London Open:

LONG AUD NZD EUR

SHORT JPY, GBP USD
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  • #464
  • Jun 2, 2020 3:48am Jun 2, 2020 3:48am
Quoting Shabs19
{quote} Regular Divergence 50 - 50 Doesn't always work. Hidden divergence Better. Just my tuppence worth.
THIS IS THE CHART I WILL USD.

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  • #465
  • Jun 2, 2020 5:35am Jun 2, 2020 5:35am
I took this trade because I felt that the EU was lagging behind the US,
I will wait and see what happens.

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  • #466
  • Edited 6:51am Jun 2, 2020 5:58am | Edited 6:51am
Out with £20 profits,
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  • #467
  • Jun 2, 2020 6:40am Jun 2, 2020 6:40am
Quoting MQLTrade
@ London Open: LONG AUD NZD EUR SHORT JPY, GBP USD {image}
Great movement
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  • #468
  • Jun 2, 2020 7:23am Jun 2, 2020 7:23am
Quoting MQLTrade
{quote} Great movement {image}

I am right in saying that is the indicators you had made,
the correlation table looks different to the one I have,
can you tell me what I could be missing with this table that yours as got,
It would be nice if you could share them signals once or twice a week,
thank you for your input
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  • #469
  • Jun 2, 2020 10:44am Jun 2, 2020 10:44am
This was the only trade today using divergences, on this particular chart.
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  • #470
  • Jun 2, 2020 11:12am Jun 2, 2020 11:12am
Quoting redfan
{quote} I am right in saying that is the indicators you had made, the correlation table looks different to the one I have, can you tell me what I could be missing with this table that yours as got, It would be nice if you could share them signals once or twice a week, thank you for your input {image}
This is my table correlation between crosses
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  • #471
  • Jun 2, 2020 11:19am Jun 2, 2020 11:19am
During NY Session....not big differences a part CAD is getting strong
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  • #472
  • Jun 2, 2020 11:47am Jun 2, 2020 11:47am
I'm studing this approach: strength between currencies to find good crosses to trade. Correlation between currencies as trigger to see if we are in a good trend.

Example NZDJPY:

- NZD is stronger JPY from London Session

- For all time correlation between NZD & JPY was inverted (Plot Correlation Indicator).....so TREND should be STRONG......+130 pips from LONDON SESSION MOVEMENT
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  • #473
  • Jun 2, 2020 1:00pm Jun 2, 2020 1:00pm
Quoting MQLTrade
I'm studing this approach: strength between currencies to find good crosses to trade. Correlation between currencies as trigger to see if we are in a good trend. Example NZDJPY: - NZD is stronger JPY from London Session - For all time correlation between NZD & JPY was inverted (Plot Correlation Indicator).....so TREND should be STRONG......+130 pips from LONDON SESSION MOVEMENT {image}
130 pips Can't be bad, Great trading.
I was surprised today, kept checking the charts wasn't expecting one to appear,
and then it was there a divergences line, so I sold I was out for a nice profit later on,
I am going to keep on testing this to see if I can fine-tune it,
Though it would be nice if there were email alerts, in the indicator,
  • #474
  • Jun 2, 2020 3:36pm Jun 2, 2020 3:36pm
Getting too dependant on Indicators here, I will sit back for a while now.
It never gets easier, you just get better
  • #475
  • Jun 3, 2020 3:54am Jun 3, 2020 3:54am
up and running

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  • #476
  • Jun 3, 2020 7:12am Jun 3, 2020 7:12am
Quoting Shabs19
Getting too dependant on Indicators here, I will sit back for a while now.

Thanks for the assistant with the indicator.
I was thinking someone would have had to code it,
have you any idea how the email works like where you give your email to To get the alerts,
  • #477
  • Jun 3, 2020 7:18am Jun 3, 2020 7:18am
Trade now closed out with a small profit.

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  • #478
  • Edited 12:31pm Jun 3, 2020 9:01am | Edited 12:31pm
Quoting redfan
{quote} Thanks for the assistant with the indicator. I was thinking someone would have had to code it, have you any idea how the email works like where you give your email to To get the alerts,
Many videos on Youtube like this one:
I suggest you set up a brand new email account for your smtp server account with gmail, don't forget to add the :587 at the end.

Edit:
For security create a new password from your usual email account for security reasons, don't know how secure the terminal email servers are. Best to be safe.

Inserted Video


I have tested the above method & it works. The bottom 2 messages without the less secure apps turned off and the upper messages with it turned on.

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It never gets easier, you just get better
  • #479
  • Jun 3, 2020 11:33am Jun 3, 2020 11:33am
Divergence trade EUR USD out for a nice profit 15-minute timeframe,

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  • #480
  • Jun 3, 2020 11:34am Jun 3, 2020 11:34am
Quoting shabs19
{quote} many videos on youtube like this one: I suggest you set up a brand new email account for your smtp server account with gmail, don't forget to add the :587 at the end. https://www.youtube.com/watch?v=2sdbd4aqyva i have tested the above method & it works. The bottom 2 messages without the less secure apps turned off and the upper messages with it turned on. {image} {image}
thank you, great work will try it tonight,
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