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Can someone fix this currency strength indicator? 37 replies

Currency Strength Indicator 1 reply

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Currency Strength Indicator

  • #861
  • Oct 17, 2024 1:28am Oct 17, 2024 1:28am
Quoting PlSoft
{quote} {image} Inizia sempre con un sideway e controlla la forza della correlazione.
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  • #862
  • Edited Oct 18, 2024 9:46am Oct 17, 2024 11:45pm | Edited Oct 18, 2024 9:46am
Quoting sln
Kedves PIsoft! Köszönjük a frissített táblát. Adna nekünk néhány iránymutatást, hogyan használhatjuk ezt kereskedésre.TIA
I am attaching the indicators you requested. I don't know which one you meant, choose the one that suits you!
Attached File(s)
File Type: ex4 2) PVSRA v2.3 Access Panel (White).ex4   170 KB | 233 downloads
File Type: ex4 1) PVSRA v2.3 Trade Levels (Black).ex4   92 KB | 206 downloads
File Type: ex4 SupDem Zone button.ex4   31 KB | 253 downloads
File Type: ex4 Inside bar.ex4   23 KB | 220 downloads
File Type: ex4 FAKEY PATTERN.ex4   13 KB | 238 downloads
  • #863
  • Oct 18, 2024 8:19am Oct 18, 2024 8:19am
Quoting sln
Ciao PIsoft, Grazie per la bacheca aggiornata. Puoi darci qualche linea guida su come usarla per il trading, per favore.TIA
Hi PIsoft,
Thank you for the explanation.How do you select the pairs going sideways?is it by numbers next to them for ex GBPJPY Sideways-93/78 or does the dashboard give you signals as to which pair to choose.thanks for your support.

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The sideway signal helps you filter pairs that have not taken a precise direction, the numbers on the side are not useful for this.
Watch this couple move today.
After this signal it becomes important to follow the correlation to intercept the right direction..
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  • #864
  • Oct 18, 2024 8:31am Oct 18, 2024 8:31am
So PIsoft.What made you choose this pair while you see couple of others are sideways too in your image above like EURNZD and CHFJPY?Is it again correlation? Also does timeframe matter since I see you have chosen 15 minutes here. What is criteria to choose timeframes?TIA
  • #865
  • Oct 18, 2024 8:39am Oct 18, 2024 8:39am
Quoting sln
Allora PIsoft. Cosa ti ha fatto scegliere questa coppia mentre vedi un paio di altre che sono anche lateralmente nella tua immagine sopra come EURNZD e CHFJPY? Č di nuovo una correlazione? Anche il timeframe č importante visto che vedo che hai scelto 15 minuti qui. Qual č il criterio per scegliere i timeframe?TIA
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This example is clear, the movement precedes the signal, so it is not valid.
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You have a log where you can check this type of alert.
  • #866
  • Edited 9:18am Oct 18, 2024 8:56am | Edited 9:18am
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Weak and aligned CAD
USD not aligned
Which side would you choose?
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aWr[7] aMr[7] look at the price compared to these resistances.
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This is my decision.
  • #867
  • Oct 18, 2024 2:35pm Oct 18, 2024 2:35pm
So much information already derived from AWR, ADR throughout the dashboard.
Could be better to have this info from VAH/VAL instead making for diversity.
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Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #868
  • Oct 18, 2024 2:56pm Oct 18, 2024 2:56pm
Quoting skyf
Tante informazioni giŕ derivate da AWR, ADR in tutta la dashboard. Sarebbe meglio avere queste informazioni da VAH/VAL invece di creare diversitŕ. {image}
Explain your thoughts better..
  • #869
  • Oct 18, 2024 3:48pm Oct 18, 2024 3:48pm
Quoting PlSoft
{quote} Explain your thoughts better..
Distance in pips to Value Area high/low from daily and weekly along with colour change if any of it has been touched instead of pip distance to AWR ADR as you have now.
Attached File(s)
File Type: mq4 MarketProfile_VirginpPOC BT.mq4   43 KB | 265 downloads
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #870
  • Oct 18, 2024 5:29pm Oct 18, 2024 5:29pm
Quoting skyf
{quote} Distance in pips to Value Area high/low from daily and weekly along with colour change if any of it has been touched instead of pip distance to AWR ADR as you have now. {file}
Skyf,

I have installed Marketprofile on a chart. It's interesting to see the market profile on the chart. How you actually trade using this market profile ?

1) What time-frame you usually us it on ?
2) Each day, each day it has it own market profile. therefore how you actually know the pair either going up or going down ?
3) Is the significant between the current market profile in relation to previous day(s)
4) Or probably any SOP on how to use this market profile.

And one option for PISoft to incorporate information of VAH/VAL in the DWMRanges Indicator. At this point, I find it's useful to keep the table on the right (ie Distance in points aWr (3), aDr(3), aWr (7) and aDr (7)) - so that we can observed the correlation of the pair(s).

Thank you
  • #871
  • Oct 19, 2024 1:23am Oct 19, 2024 1:23am
Quoting ctnie2143
{quote} Skyf, I have installed Marketprofile on a chart. It's interesting to see the market profile on the chart. How you actually trade using this market profile ? 1) What time-frame you usually us it on ? 2) Each day, each day it has it own market profile. therefore how you actually know the pair either going up or going down ? 3) Is the significant between the current market profile in relation to previous day(s) 4) Or probably any SOP on how to use this market profile. And one option for PISoft to incorporate information of VAH/VAL in the DWMRanges...
Last day VAH/VAL acts as significant support and resistance for Takeprofit, reversal and break out signals. So pips distance to them and if they been touched or not can complement the ADR, AWR derivations. Along with Distance to FVG, we can have the dashboard offering deeper & far more information than that only based on derivations from daily, weekly ranges.


Since you have the latest update of what he has already made using ADR, AWR. It will be kind you join in pleading he makes what I need (a more informative copy) - colour change & distance to VAL/VAH and FVG. That way each of us can use what he finds interesting.
Thanks
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #872
  • Edited 8:36am Oct 19, 2024 7:59am | Edited 8:36am
Quoting skyf
{quote} L'ultimo giorno VAH/VAL agisce come un significativo supporto e resistenza per i segnali Takeprofit, reversal e breakout. Quindi la distanza in pip da loro e se sono stati toccati o meno puň integrare le derivazioni ADR, AWR. Insieme alla distanza da FVG, possiamo avere la dashboard che offre informazioni piů approfondite e molto piů numerose di quelle basate solo sulle derivazioni da intervalli giornalieri e settimanali. Dal momento che hai l'ultimo aggiornamento di ciň che ha giŕ fatto usando ADR, AWR. Sarebbe gentile che ti unissi a lui...
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You would really like to help me, but when I read this code (reading the bars) I don't get the input to program to transform it into a multi symbol.

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I can add the distance in point in the line description...

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I await feedback
  • #873
  • Edited Oct 20, 2024 8:04am Oct 19, 2024 9:18am | Edited Oct 20, 2024 8:04am
Quoting PlSoft
{quote} {image} I can add the distance in point in the line description... {image} I await feedback
The major advantage with the dashboard is to be able to see multi currency state at once. I'll look for another VaH/VaL indicator.


*Here is this one. It has by session too.
Attached File(s)
File Type: mq4 MarketProfile.mq4   165 KB | 227 downloads


The desirable improvement in the previous market profile is for the VaH/VaL of x days that has not been touched by price to extend unto present day until they are touched by price (similar to how the virgin POC is doing presently).
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #874
  • Oct 25, 2024 3:54pm Oct 25, 2024 3:54pm
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Update Test week then public.
Added fibonacci breack levels..
  • #875
  • Oct 26, 2024 2:32pm Oct 26, 2024 2:32pm
Quoting PlSoft
{image} Update Test week then public. Added fibonacci breack levels..
Fib is a good one. What's the box representing?
Any luck with the VAL/VAH? Will the last market profile I sent work?
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #876
  • Oct 26, 2024 2:38pm Oct 26, 2024 2:38pm
Quoting PlSoft
{image} Update Test week then public. Added fibonacci breack levels..
……
…Using your indicator... Product codes are different for broker agents... Can you add free selected products and give alerts?..
... It would be better to add ADR percentage to show greater than or less than numbers... It would be best if you can add it! ... Thank you bro!
  • #877
  • Oct 30, 2024 5:54pm Oct 30, 2024 5:54pm
Quoting PlSoft
{image} Aggiorna la settimana di test, poi pubblica. Aggiunti i livelli di interruzione di Fibonacci..
Added PIVOT POINT distance
Tomorrow aDr%
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  • #878
  • Oct 30, 2024 11:20pm Oct 30, 2024 11:20pm
Quoting PlSoft
{quote} Added PIVOT POINT distance Tomorrow aDr% {image}
Incorporating Diversification ( market profile, pivot, fib, Fair value gap, order block) in the software is always good. Kudos

Fantastic will be having user option to display or un display a particular function in the right-hand dashboard. That way one alliws only the function (break, fun ADR or pivot) that he is interested in to be showing.
Without despair & distraught, focus on Patience to FRESH MOTiVES.
  • #879
  • Nov 1, 2024 10:43am Nov 1, 2024 10:43am
Quoting skyf
{quote} Il vantaggio principale della dashboard č di poter vedere lo stato di piů valute contemporaneamente. Cercherň un altro indicatore VaH/VaL. *Ecco questo. Ha anche per sessione.{file} Il miglioramento desiderabile nel profilo di mercato precedente č che il VaH/VaL di x giorni che non č stato toccato dal prezzo si estenda fino al giorno presente finché non viene toccato dal prezzo (simile a come sta andando attualmente il POC vergine).
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Attached File(s)
File Type: ex4 ValueArea.ex4   54 KB | 224 downloads


Check this indicator and tell me if it is valid please.
  • #880
  • Nov 1, 2024 11:30pm Nov 1, 2024 11:30pm
Quoting PlSoft
{quote} {image} {file} Check this indicator and tell me if it is valid please.
No. What is here is a not boundaries of VAL/VAH
Without despair & distraught, focus on Patience to FRESH MOTiVES.
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