162,52 ( your entry minus 0,25%) is not the friday closed but a mid friday quotation.

There is a bug somewhere in your graph

There is a bug somewhere in your graph

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And more importantly , what do you think is the cause for it becoming tradeable or not?"

I think a long time it could change if switzerland had big change and i dont think that is gonna happen soon.

But we will jump on an other paires as i did when cac/stoxx stopped to work years ago because of f...g bank robots.

- Joined Aug 2007 | Status: Member | 2,406 Posts | Invisible

check all your settings.

For friday is ShiftDays = 2 and not 3 as in your chart.

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- | Joined Sep 2007 | Status: Breakout Baby | 692 Posts

DislikedNowAndLater-

Your indicator is great and I was wondering if it would be possible to improve it even more by including an additional input tab where we could add more levels if needed. Spieler always says that if the price is moving through a level at speed then wait before entering, example enter at +/-0.35% instead of +/-0.25%. It would be very useful to be able to add additional levels, as in SwingMans Divergence indicator, as and when needed. Thanks again.Ignored

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EU-UC hedge.mq4 11 KB | 475 downloads

These histograms for eg. show how often the prices return to the daily levels after going how far out. for the spread we can see they deviate much less than the eurchf cross and it deviates by great amount less times than eurchf as well. I want to do some analysis of this and the different levels on my own on different TF but bloomberg is crappy sometimes and doesnt give as much detail as I would want.

Thought this might spark some ideas for people or at least understand the concept better.

Enjoy if it helps at all.

http://img524.imageshack.us/img524/8861/eurchfnh2.gif

http://img401.imageshack.us/img401/9941/eurchfum4.jpg

- | Joined Jun 2008 | Status: Junior Member | 115 Posts

hey jonaslt

I have a few questions about this interesting statistics.

What are the "daily levels" you used here?

Is the spread chart (what we trade weighed) a synthetic chart of price based on the formula (1 e/u + 1.5 u/c)?

Thanks for bringing up some nice statistics that help us understanding why it really works better than the cross!

And why is the spread deviates less from daily levels in your opinion? (anyone has any theory?)

I have a few questions about this interesting statistics.

What are the "daily levels" you used here?

Is the spread chart (what we trade weighed) a synthetic chart of price based on the formula (1 e/u + 1.5 u/c)?

Thanks for bringing up some nice statistics that help us understanding why it really works better than the cross!

And why is the spread deviates less from daily levels in your opinion? (anyone has any theory?)

DislikedOk, added inputs, "ExtraLevel", to four additional levels. If left to "0" they will not appear as this is the same as closed price line (duh!). The inputs should be in this form: the desired deviation is +0.35% -> then the input should be "0.35", desired is -0.35 -> input is "-0.35", and so on. The ExtraLevel line's colour is purple.Ignored

Fantastic, a very useful adition. Thanks a lot.

DislikedHey guys, don't know if anyone will be interested but here's some basic histograms. The first one is EURCHF and the second one is the spread (what we trade weighed)

These histograms for eg. show how often the prices return to the daily levels after going how far out. for the spread we can see they deviate much less than the eurchf cross and it deviates by great amount less times than eurchf as well. I want to do some analysis of this and the different levels on my own on different TF but bloomberg is crappy sometimes and doesnt give as much detail as I would want.

Thought this might spark some ideas for people or at least understand the concept better.

Enjoy if it helps at all.Ignored

Hi Senior,

I've got a minor question. I've put the indicator in two platform, interbank fx and fxdd. However, both result showing me different divergence result base on all time frame.

interbank fx showing -0.06

fx dd showing -0.16

Can anyone help me which result is closer ? Or which MT4 is better ?

I've got a minor question. I've put the indicator in two platform, interbank fx and fxdd. However, both result showing me different divergence result base on all time frame.

interbank fx showing -0.06

fx dd showing -0.16

Can anyone help me which result is closer ? Or which MT4 is better ?

Banker please return my pipins.

- | Joined Sep 2007 | Status: Breakout Baby | 692 Posts

DislikedHi Senior,

I've got a minor question. I've put the indicator in two platform, interbank fx and fxdd. However, both result showing me different divergence result base on all time frame.

interbank fx showing -0.06

fx dd showing -0.16

Can anyone help me which result is closer ? Or which MT4 is better ?Ignored

DislikedHi Macus,

could you tell me how do you calculate yesterday close and +0.25 and -0.25 levels. I have completele different levels - yesterday close is 1.6283 and -0.25 1.624. Where is problem? I use SpielersHedge EA v2.7. ThanksIgnored

If the EA gives different prices than you see posted by others on this thread it will be because of difference in the closing time, see the above answer.

DislikedHi Macus,

could you tell me how do you calculate yesterday close and +0.25 and -0.25 levels. I have completele different levels - yesterday close is 1.6283 and -0.25 1.624. Where is problem? I use SpielersHedge EA v2.7. ThanksIgnored

I'm no expert but I use the closing amount of the 1 hour candlestick that starts at 7:00pm EST (GMT-4). Spieler would have to answer you as to whether the specific time you use for a close really matters as long as its the same from day to day because that I do not know. I use this one becaue it seems to coorespond to what everyone else is using so I'm on the same page with my targets. Also, since I'm not using an EA I just add or subtract 41 pips to find the +.25% and -.25% levels.

Thanks for the question because after reviewing my earlier post I was wrong about the close. It was at 1.6271 so that moves both of my targets up by 10 pips.

Dislikedhey jonaslt

I have a few questions about this interesting statistics.

What are the "daily levels" you used here?

Is the spread chart (what we trade weighed) a synthetic chart of price based on the formula (1 e/u + 1.5 u/c)?

Thanks for bringing up some nice statistics that help us understanding why it really works better than the cross!

And why is the spread deviates less from daily levels in your opinion? (anyone has any theory?)Ignored

I think the spread deviates less because it represents the correlation compared to EURCHF which represents the correlation with a position on USD as well. so where USD goes, EURCHF gets pushed the same way.

For anyone else thinking about it, think of the "bell curve" theory and that chart represents how often the values return to the daily price. So say for the spread after it deviates a certain amount it will return often and then less at higher deviations. It makes sense, just sometimes easier to see it visually and sometimes that might generate and idea or two.

I want to do these charts in excel with a dynamic weight for u/c and lower timeframes where it would matter more since we trade this shorter term.