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Trading system using relative strength

  • #601
  • Oct 13, 2008 5:51am Oct 13, 2008 5:51am
Quoting FerruFx
You're absolutely right and it is why I put a "trade level" to be set in the CCFp-Diff. It would avoid small moves.

FerruFx
FerruFX can you please define trade level for us? It looks like the range goes from 1 to 5. How does this filter work? Thank you.
  • #602
  • Oct 13, 2008 6:23am Oct 13, 2008 6:23am
Quoting nubchai
FerruFX can you please define trade level for us? It looks like the range goes from 1 to 5. How does this filter work? Thank you.
Trade_Level from 1 to 10 will match with the 10 colored squares in the indicator column.

If you want to avoid small CCFp lines moves/differences, then you may want to trade only the pairs with both currencies above a certain level.

Example if you set Trade_Level to "3": the indicator will give you a trade suggestion for (i.e) EURUSD Buy only if EUR has at least 3 colored Green and USD at least 3 colored Red.

In an earlier post, I explained that these levels/squares are based on the EXACT same calculation of the original CCFp indicator. I just x1000 and rounded the values to make it more readable.

Hope that makes sense.

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #603
  • Oct 13, 2008 6:42am Oct 13, 2008 6:42am
Wow, sure it perks up interest in your indicator. Is this indicator for sale??
Or is this just a prelude to the similar indicator you are selling? Just asking.
Julius
  • #604
  • Oct 13, 2008 6:46am Oct 13, 2008 6:46am
Quoting FerruFx
Trade_Level from 1 to 10 will match with the 10 colored squares in the indicator column.

If you want to avoid small CCFp lines moves/differences, then you may want to trade only the pairs with both currencies above a certain level.

Example if you set Trade_Level to "3": the indicator will give you a trade suggestion for (i.e) EURUSD Buy only if EUR has at least 3 colored Green and USD at least 3 colored Red.

In an earlier post, I explained that these levels/squares are based on the EXACT same calculation of the original CCFp indicator. I just x1000 and rounded the values to make it more readable.

Hope that makes sense.

FerruFx

FerruFX thank you. That makes perfect sense.

Sandy
  • #605
  • Oct 13, 2008 6:46am Oct 13, 2008 6:46am
Quoting trader101
Wow, sure it perks up interest in your indicator. Is this indicator for sale??
Or is this just a prelude to the similar indicator you are selling? Just asking.
Julius
You may missed something. This indicator is absolutely FREE and was posted in an earlier post.

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #606
  • Oct 13, 2008 6:49am Oct 13, 2008 6:49am
Quoting trader101
Wow, sure it perks up interest in your indicator. Is this indicator for sale??
Or is this just a prelude to the similar indicator you are selling? Just asking.
Julius
Funny when you tell people to read all the thread (yours) and you don't bother to ask stupid questions like this one
PS: take your own advice...
  • #607
  • Oct 13, 2008 6:51am Oct 13, 2008 6:51am
Quoting LisbonHugo
Funny when you tell people to read all the thread (yours) and you don't bother to ask stupid questions like this one
PS: take your own advice...
Please no fight here

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #608
  • Oct 13, 2008 6:52am Oct 13, 2008 6:52am
Quoting trader101
Wow, sure it perks up interest in your indicator. Is this indicator for sale??
Or is this just a prelude to the similar indicator you are selling? Just asking.
Julius
Julius, I saw FerruFx reading through this thread a few days ago , knowing some of his indicators I sent him a pm if he could write an indicator for this thread. Thats all there is do it.
  • #609
  • Oct 13, 2008 6:52am Oct 13, 2008 6:52am
Quoting FerruFx
Please no fight here

FerruFx
sorry FerruFx
  • #610
  • Oct 13, 2008 6:55am Oct 13, 2008 6:55am
good morning,
This is the first trade of the day. THis trade almost one hr late. Lets see what happens
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  • #611
  • Oct 13, 2008 6:55am Oct 13, 2008 6:55am
Quoting FerruFx
You may missed something. This indicator is absolutely FREE and was posted in an earlier post.

FerruFx
Free is no reservation. You notice everyone in this thread is giving EA and indic real free. Yours is the only one that is in .ex4. or your code is to valuable than RR EA which has given everything for real free. Even ES Trader has given this wonderful system really free. Is your code more valuabe than the contribution of this people. You have every right not to. As long as we dont see it sold in your website.
Julius
  • #612
  • Oct 13, 2008 6:57am Oct 13, 2008 6:57am
Quoting Pipo
Julius, I saw FerruFx reading through this thread a few days ago , knowing some of his indicators I sent him a pm if he could write an indicator for this thread. Thats all there is do it.
Yes that's right ... I was already working on but I really appreciated your intention.

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #613
  • Oct 13, 2008 6:57am Oct 13, 2008 6:57am
oops, mistake. still waking up!!
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  • #614
  • Oct 13, 2008 6:58am Oct 13, 2008 6:58am
Quoting LisbonHugo
sorry FerruFx
Please don't be sorry!

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #615
  • Oct 13, 2008 7:00am Oct 13, 2008 7:00am
Quoting trader101
Free is no reservation. You notice everyone in this thread is giving EA and indic real free. Yours is the only one that is in .ex4. or your code is to valuable than RR EA which has given everything for real free. Even ES Trader has given this wonderful system really free. Is your code more valuabe than the contribution of this people. You have every right not to. As long as we dont see it sold in your website.
Julius
trader101 why are you starting conflict? Let's be nice. You posted you 2protect ea in exe form too. What's the diff. People can use it.
  • #616
  • Oct 13, 2008 7:03am Oct 13, 2008 7:03am
FerruFx,

Thank you for taking the time to produce the indicator for this method. Really nice work.
  • #617
  • Oct 13, 2008 7:03am Oct 13, 2008 7:03am
Quoting trader101
Free is no reservation. You notice everyone in this thread is giving EA and indic real free. Yours is the only one that is in .ex4. or your code is to valuable than RR EA which has given everything for real free. Even ES Trader has given this wonderful system really free. Is your code more valuabe than the contribution of this people. You have every right not to. As long as we dont see it sold in your website.
Julius
Sorry I don't follow your reasoning. How I can sell an indicator which is given for free?

I think I proved in the past to be an honest person/coder. If I share it here for free, it will remain free.

Note: there's no restriction of any kind in the code.

FerruFx
MT4/MT5 EAs/Indicators/Alerts coder
  • #618
  • Oct 13, 2008 7:10am Oct 13, 2008 7:10am
this is the second trade of the day on Ibfx. On time.
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  • #619
  • Oct 13, 2008 7:10am Oct 13, 2008 7:10am
Thanks FerruFx for your very helpfull indi.
Will play with it.
  • #620
  • Oct 13, 2008 7:12am Oct 13, 2008 7:12am
Quoting ES Trader
this is nanother trade I just entered on Ibfx. Hope it works because market is ready to wind down.



Hi Es_Trader thank you for sharing your system. It's easy. Today I've made 200 pips!! wow!! LOL.

Has Someone taken a trade 2 hours after the candle in 4 hours start?

Can it be considerated like too much later?

Thanks and good trading!!!







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