I'd like to keep this thread in the Programming Discussion area, if possible, so if anybody wants to share ideas on how to profitably use the Recent Strength indicator, please start another thread.
Thanks,
David
Thanks,
David
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DislikedOne final point. Remember that the plots are based on relative percentages, NOT pips. When viewed %-wise, the plots of the Asian pairs (esp JPY, and also NZD) tend to move in exaggerated fashion, relative to their 'pip potential', while EUR and CHF are understated. In other words, while the direction of the plot remains 100% good, you'll potentially gain just as many pips from a smaller move in EUR's or CHF's Relative Strength plot, as you would from a larger move in JPY's or NZD's plot. The next version of the indicator (due for realease tomorrow) will include a ScaleFactor parameter, to which you can assign your own arbitrary values to correct this imbalance.Ignored
DislikedShould this indicator be able to work in an IBFX mini account? I've tried it with and without the lower case m after the currency symbol with no luck. Any suggestions? I'm using the default parameters.Ignored
C1_Pairs_Wgts = "AUDUSD[b]m[/b],100, AUDCAD[b]m[/b],100, AUDCHF[b]m[/b],100, AUDJPY[b]m[/b],100, AUDNZD[b]m[/b],100, EURAUD[b]m[/b],100, GBPAUD[b]m[/b],100";
DislikedI changed the file to have the lower case m after the currency symbol but still had no luck for the mini IBFX account. It kinda works in a regular IBFX demo account but displays weird. I've attached both charts and the mini text file.Ignored
DislikedSee post #20. There are dozens of potential uses for this indicator, because it (independently) complements any TA strategy. Obviously the key is to trade the strongest currency/ies against the weakest.
I am still learning how to best interpret and use it myself.Ignored
DislikedLOL... I read #20 that's why I worded my question the way I did.
Can't wait to see what's next.
By the way, how do your calculations differ from the CCf indicators - or do they?
Also, do you know of mladen? Your lower charts look a lot like his.Ignored
Dislikedwould appreciate it if u get back with an observation/comparison of those mql codes from your creation.
& How do i check & compare mt4 indicator's PC resource usage? I've been wanting to check most indicators i have, to see which one/s make the PC lag/hang. Thanks!Ignored
DislikedNice concept, but it's strange I'm getting this:
http://www.forexfactory.com/attachme...1&d=1243083768Ignored
DislikedThanks. It works now. Previously MT had a bug that kept crashing it. Btw, whenever I change the parameters, the changes are not reflected in the chart.Ignored