The Market Is Tricky

GBP also appeared.

Here's the completed map for 13:00 session. Almost any session could be started such as 16:00, 17:00, 18:00, etc. More sessions should be tested starting with 03:00 Tokyo, going to 21:00 maybe.

I don't trade the news but to be safe, I'm now placing trades in both directions to lock in some profit. It's just demo but it's better to be safe, even if it's demo. But trading the news seems doable now with v3.0.

Ten minutes later after news release and the broker server connection is still cut off. It seems the news can be traded only leading up to the release, or maybe 30 minutes or 1 hour later after the release. Trading leading up to the news is probably better.

Hi Th3W1z4rd,
very interesting thread! I have been reading both your v2.0 and v3.0 threads and I am trying to understand the concept correctly.

From your screenshots and comments, it looks like the displayed strength values are not simple percentage-change values.

They look more like a session-based relative order/crossing score: all currencies start from zero at the session anchor, and when one currency crosses others, the score changes accordingly.

A few things are still unclear to me conceptually, if you don't mind me asking:

1. Is the underlying raw strength line based on normalized price movement of each currency against the other major currencies since the session start?

2. Are the displayed values mainly a cumulative crossing/ranking score derived from those raw strength lines, or are they directly the raw strength values themselves?

3. Wwhat exactly triggers a currency “reading” or a “step away from the center” conceptually? Is it based on a minimum score change, a minimum distance from the center, a crossing event, or something else?

4. And finally, how do you handle repeated re-crosses near the center? Do they count again, or is there some kind of filter so the center area does not create false strength/weakness?

Thank you!

Honestly, it's really complicated, and I hope you don't mind metaphors, because that's usually how I explain things best.

It's complex to the point where I don't think it's even possible for the big money market makers or any well funded research firm to reverse engineer it. I'm not saying the tool is some amazing thing that people should be spending time trying to crack. I'm just saying it's good enough for me.

Let me put it this way. Even if big money reverse engineers 99% of it, they still can't determine the engine. That part is just impossible. So even if they figure out how the dinner table is set, the plates, the forks and spoons, the cups, the chairs, all of it, they still can't get to the steak. The steak will always be missing. And nothing's worth doing if there's no steak at the end of it. What's the point of setting the table if there's no food to eat?

So for anyone on the forum trying to figure it out, honestly, it's a waste of time. There's no steak there, not even a scrap of food on the table. That's really why I'm explaining this. It'd be pointless to even try to describe how it works, because it's not reproducible.

To sum it up, it's complicated, and it can't be reverse engineered. Even if someone somehow got 99% of the ideas, they'd still never figure out the engine, and without that, there's just no food to eat.

One more thing to clear up, v3.0 doesn't really follow from v2.0. It's fundamentally different on every level, including the steak. I only call it v3.0 because it's still a currency strength indicator at heart. But it's leaps and bounds beyond that, next level compared to any public currency strength indicator or formula out there.

And please, feel free to ask me anything. If a question is possible or useful to answer, I certainly will. But the mechanics of it, that part just isn't answerable.

as I said on here if the dollar stays under 101.250 before nfp it’ll not recover
gold printed bullish too exactly as I said

Hope we all took advantage of the nfp today
First trades I tried to anticipate the move and counter it and failed miserably
when I got in on the trend it ended well
if some people don’t know how to read red news feel free to ask I usually make small pdfs for each news release to see how possible outcomes can play out

Happy to see it worked out for you. Based on my experience yesterday, I'm not even sure how possible it is to trade the news. The broker server disconnects for 15 minutes after the release, reconnecting at 15:45. During this time, it's impossible to place new trades, close any trades, etc. I plan to use the indicator up to NFP but closing at 15:30 or earlier.

Everything I'm doing has been on demo. I will eventually transition to doing things with real money. For now, I want to master my indicator for a few more weeks. I'm sure there is more to it that I haven't noticed yet. I'm sure there are other ways to use it. I've been posting screenshots for people to analyze (posting frequently as if people had it on their computer), but no one has analyzed. I think for now, people are just observing, getting used to the look and feel of it. In any case, you're the only person interested in this topic out of 100K active users.