Currency Strength Indicator | Page 28 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Can someone fix this currency strength indicator? 37 replies

Currency Strength Indicator 1 reply

Help with CC currency strength indicator 0 replies

Individual Currency Strength indicator 1 reply

Derived Currency Strength Indicator from multiple pairs 0 replies

Attachments: Currency Strength Indicator
Exit Attachments

Currency Strength Indicator

  • #541
  • Jan 9, 2024 6:27pm Jan 9, 2024 6:27pm
Quoting PlSoft
HI Cancel and replace the previous one. I added new inputs. To be tested.... {image}{file}
Hi PLSoft,
i tried using this version and i think i noticed some bugs....

The "Min profit On" & "Automatic On" is not closing trades that has reached the min profit target.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #542
  • Jan 10, 2024 10:37am Jan 10, 2024 10:37am
Quoting fxtyrant
{quote} Hi PLSoft, i tried using this version and i think i noticed some bugs.... The "Min profit On" & "Automatic On" is not closing trades that has reached the min profit target.
HI

The automation I programmed includes only two methods:

The profit is closed when only one of the individual values that I have highlighted is higher than the value entered in the textbox, it is possible to change this value by clicking on it and confirming it with the enter button, press the MIN PROFIT button to start the automation.

If the highlighted PURPLE value [BASKET TAKE PROFIT] is greater than zero I will close all open operations (positive & negative) if the value on the right becomes greater. To change the value of the textbox, click inside it and confirm with RETURN


AUTOMATIC off This button doesn't work (no code) it's ready but unfortunately I haven't found the magic signal yet.

HI
Cancel and replace the previous one.
I visualized ADR ( DWM ) calculating the values as the BIDRATIO on a percentage basis.
Attached Image (click to enlarge)
Click to Enlarge Name: 01_sup-res_Cattura.PNG Size: 81 KB
  • #543
  • Jan 10, 2024 11:18am Jan 10, 2024 11:18am
HI
Cancel and replace the previous one.
I visualized ADR ( DWM ) calculating the values as the BIDRATIO on a percentage basis.
Attached Image (click to enlarge)
Click to Enlarge Name: 02_sup-res_Cattura.PNG Size: 24 KB
Attached File(s)
File Type: ex4 ADR(DWM)Ranges.ex4   103 KB | 315 downloads
  • #544
  • Jan 10, 2024 11:06pm Jan 10, 2024 11:06pm
Hi
In your opinion, this formula is suitable for calculating the percentage difference
|a - b| / ((a + b) / 2)*100
|198 - 50| / ((198 + 50) / 2)*100=%119 ADR WEEKLY
IF(ROOMUP<ROOMDWM;IF ADR WEEKLY > %100)= SELL
IF(ROOMUP>ROOMDWM;IF ADR WEEKLY > %100)= BUY
Attached Image (click to enlarge)
Click to Enlarge Name: ADR%.png Size: 11 KB
  • #545
  • Jan 12, 2024 2:28am Jan 12, 2024 2:28am
Hi PLSoft, i have an interesting feature i think you can consider to build…..

FIFO Mode.

if user is holding a buy 0.01 long on audusd
clicking on the sell AUD basket , audusd sell 0.01 lot would instead be closing 0.01 buy instead of opening a new 0.01 short
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #546
  • Jan 12, 2024 9:04am Jan 12, 2024 9:04am
[quote=Nod32;14715221]Ciao secondo te questa formula è adatta per calcolare la differenza percentuale |a - b| / ((a + b) / 2)*100 |198 - 50| / ((198 + 50) / 2)*100=%119 ADR SETTIMANALE IF(ROOMUP<ROOMDWM;IF ADR SETTIMANALE > %100)= VENDI IF(ROOMUP>ROOMDWM;IF ADR SETTIMANALE > %100)= ACQUISTA {immagine} [/citazione]

HI
You want to use the distance between the max & min in pips. You must first find the higher value of the two to avoid having the zero division error.
It seems simpler to me to calculate BITRATIO using the max / min / close values of the three adr and work on these.

Attached Image (click to enlarge)
Click to Enlarge Name: 01_sup-res_Cattura.PNG Size: 67 KB
  • #547
  • Jan 12, 2024 9:08am Jan 12, 2024 9:08am
Quoting fxtyrant
Ciao PLSoft, ho una funzionalità interessante che penso tu possa prendere in considerazione per creare... Modalità FIFO. se l'utente ha un buy 0.01 long su audusd facendo clic sul paniere di vendita di AUD, audusd sell 0.01 lot chiuderebbe invece con 0.01 buy invece di aprire un nuovo 0.01 short
HI
If I understand correctly:
Pressing the reverse key (multiple operations) I check the open opposite operations and close them and open the others.......
  • #548
  • Jan 12, 2024 9:26am Jan 12, 2024 9:26am
Finally something interesting. See also image post 543 same date
This is the second time I've seen this, again on JPY this time in reverse.
As you can see from the spheres all the values of the JPY basket have reached or exceeded 3 and 7 and then tracked down.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 325 KB


Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 25 KB
  • #549
  • Jan 12, 2024 11:03am Jan 12, 2024 11:03am
Quoting PlSoft
Finally something interesting. See also image post 543 same date This is the second time I've seen this, again on JPY this time in reverse. As you can see from the spheres all the values of the JPY basket have reached or exceeded 3 and 7 and then tracked down. {image} {image}
Hi Pi I don't know maybe it's my system please is the dashboard at the extreme end displaying the strength moveable? Cos when I even blew up my chart part of the cs is not displaying what am I doing wrong? I'm referring to this last screenshot you posted.Pls assist.
  • #550
  • Jan 12, 2024 11:11am Jan 12, 2024 11:11am
Quoting Slingshots1
{quote} Ciao Pi, non lo so, forse è il mio sistema, per favore, il dashboard all'estremità mostra la forza mobile? Perché quando ho addirittura ingrandito il mio grafico, parte del CS non mostra cosa sto facendo di sbagliato? Mi riferisco a quest'ultimo screenshot che hai pubblicato.Pls assist.
Hi
I need the attached image, I can't understand.
  • #551
  • Jan 12, 2024 12:33pm Jan 12, 2024 12:33pm
Quoting PlSoft
{quote} HI If I understand correctly: Pressing the reverse key (multiple operations) I check the open opposite operations and close them and open the others.......
normal mode
buy 0.01 audusd
sell 0.01 audusd

position = buy 0.01 audusd, sell 0.01 audusd

FIFO mode

buy 0.01 audusd
sell 0.01 audusd

position = buy 0 audusd, sell 0 audusd
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #552
  • Jan 13, 2024 6:37am Jan 13, 2024 6:37am
Quoting fxtyrant
{quote} modalità normale acquista 0,01 audusd vendi 0,01 audusd posizione = acquista 0,01 audusd, vendi 0,01 audusd modalità FIFO acquista 0,01 audusd vendi 0,01 audusd posizione = acquista 0 audusd, vendi 0 audusd

HI
I just need to add a new [reverse] key that closes the current operation and opens an opposite one.
Do you confirm?
  • #553
  • Jan 13, 2024 8:03am Jan 13, 2024 8:03am
Quoting PlSoft
Finalmente qualcosa di interessante. Vedi anche l'immagine post 543 stessa data Questa è la seconda volta che la vedo, sempre su JPY questa volta al contrario. Come potete vedere dalle sfere tutti i valori del paniere JPY hanno raggiunto o superato 3 e 7 per poi risalire. {immagine} {immagine}
This is the good signal JPY picture I remembered.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 31 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 01_sup-res_Cattura.PNG Size: 379 KB


The correlated pairs of JPY, all moving in the same direction when there is alignment, pass a uniform value to the numbering of the spheres [ADR], all less than 3 or all greater than 7.

The remaining pairs make different movements to align, so I have to write more code to identify this.

Until next time.
  • #554
  • Jan 13, 2024 10:11am Jan 13, 2024 10:11am
Quoting PlSoft
{quote} This is the good signal JPY picture I remembered. {image} {image} The correlated pairs of JPY, all moving in the same direction when there is alignment, pass a uniform value to the numbering of the spheres [ADR], all less than 3 or all greater than 7. The remaining pairs make different movements to align, so I have to write more code to identify this. Until next time.
I'm referring to post #548 the second chart marked with 2 green XX the indicator referred to is the currency strength at the extreme lower right corner it's not displaying correctly on my own system wondering if you can do it to be draggable to any part of the chart.
  • #555
  • Edited 10:44am Jan 13, 2024 10:27am | Edited 10:44am
Quoting Slingshots1
{quote} I'm referring to post #548 the second chart marked with 2 green XX the indicator referred to is the currency strength at the extreme lower right corner it's not displaying correctly on my own system wondering if you can do it to be draggable to any part of the chart.
You move part A or part B.
On my second monitor it's part A that moves.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 4 KB
  • #556
  • Jan 13, 2024 12:15pm Jan 13, 2024 12:15pm
Quoting PlSoft
{quote} HI I just need to add a new [reverse] key that closes the current operation and opens an opposite one. Do you confirm?
i think you need to add in the expert advisor 2 modes of trade execution in the EA settings

1. Normal Mode
2. FIFO Mode

Instead of
Buy 0.01 lot audusd and then Sell 0.01 lot audusd, causing positon to show Long 0.01 and a short 0.01 on AUDUSD

the FIFO mode will simply Close the 0.01 lot Long on AUDUSD when i place a 0.01 lot sell, so position will show Long 0.00 and Short 0.00 AUDUSD.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #557
  • Jan 13, 2024 3:17pm Jan 13, 2024 3:17pm
Quoting PlSoft
{quote} You move part A or part B. On my second monitor it's part A that moves. {image}
Cant just figure it out here is my own chart look at the way it displayed is there a setting i have to tweak in the file for it to be correctly displayed.
Attached Image (click to enlarge)
Click to Enlarge Name: FOR PI SOFT.PNG Size: 21 KB
  • #558
  • Edited 11:35am Jan 15, 2024 9:35am | Edited 11:35am
Quoting Slingshots1
{quote} Cant just figure it out here is my own chart look at the way it displayed is there a setting i have to tweak in the file for it to be correctly displayed. {image}
Attached File(s)
File Type: ex4 ADR(DWM)Ranges.ex4   108 KB | 249 downloads
HI
Cancel and replace the previous one.
Try it now, I have raised the information and in the dashboard you will find the values to be able to move.

I added a column that calculates the average of the three ADR (D+W+M)/3
by selecting one of the trendlines an audible signal is activated
I remember that by clicking on the symbols it is possible to change the graph

let me know if it works on your monitor.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 26 KB
  • #559
  • Jan 15, 2024 10:16pm Jan 15, 2024 10:16pm
Dear PISoft,
I find this EA is very interesting concept. Suggested a minor improvement on the arrangement of the currency strength (Marked A). I would be more beneficial to organise from strong to weak. It's more logical to read from left to right as we tend to read Base & quote the same way.

Also would appreciate if you can help to direct us on how to use the EA. Especially section marked B, C & D. Any reference to this would be helfpul.

Thank you again for your great EA.

Citi
Attached Image (click to enlarge)
Click to Enlarge Name: Dashboard Power Meter.JPG Size: 148 KB
  • #560
  • Jan 16, 2024 1:53am Jan 16, 2024 1:53am
Quoting PlSoft
{quote} {file}HI Cancel and replace the previous one. Try it now, I have raised the information and in the dashboard you will find the values to be able to move. I added a column that calculates the average of the three ADR (D+W+M)/3 by selecting one of the trendlines an audible signal is activated I remember that by clicking on the symbols it is possible to change the graph let me know if it works on your monitor. {image}
Hi PIsoft
This is an excellent tool thank you will you be able to add suffix (as it does not show the progress)
Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (50).png Size: 59 KB
1 trader viewing now