DislikedCould someone please add a moving average to the price differance indicator
I think it would be helpfull to see a bigging and end of a trendIgnored
i think you could drag a moving average holdinh CTRL to the Pricediff subwindow, no?
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DislikedCould someone please add a moving average to the price differance indicator
I think it would be helpfull to see a bigging and end of a trendIgnored
Dislikedi think you could drag a moving average holdinh CTRL to the Pricediff subwindow, no?Ignored
QuoteDislikedMarch
30 W
26 L
DislikedI haven't really used your stuff in the past Lucid, but I'll give it a try soon.
Two E/U buys resulted in wins this morning.Ignored
DislikedHey guys. I have to appologize for being gone so long, but I got busy and then was kind of burnt out on metatrader programming.
Anyway, here are the new files. As a quick refresher, the Overlay is an indicator and the "Correlating Pair Divergence..." is an EA. I've modified the Overlay completely so it now bases everything on the current difference between prices (either by value in account currency or by pips). What this means is the Overlay should always be close to the chart line towards the right side of the chart, but may stray as you move...Ignored
DislikedYou're welcome.
Quick question Bill: Do you pay attention to trend? I see quite a few trades in this thread where a higher high is compared to a lower high while the trend is moving down. When I set the TrendDistanceCandles property in my indicator to 0 I see a lot of signals, but the quality of the signals is poor. I seem to get better results with this value around 30 or so. I'd love to get your opinion on this.
Thanks.Ignored
DislikedI have never paid attention to trend, but I am prepared to if it is profitable.
The problem I've had with trends is an objective way of determining them.Ignored
DislikedI know exactly what you mean.
I guess the question I have is really: When looking at a higher high, if the price was even higher just 4 or 5 candles ago, is it really a higher high? It would be higher than the previous peak, but if the peak before that was higher than both then can the first peak even be called a "high" for the next peak to be a valid "higher high"
There's an example attached. When looking at the second peak (where the red line starts) can that really be called a "high"? And if it's not a valid "high" then can the third...Ignored
DislikedCongratulations on your wins. I'm not sure if either of those buys really adhere to the method as originally laid out by Bill though. The top chart looks like divergence, but there is a lot of noise in between the lows. I think Bill would usually trade these, but mention they are outside of the system.Ignored
DislikedThe bottom chart fits pretty well with the rules, except the trend is moving up, which means you would be looking for higher highs.Ignored
DislikedI guess the question I have is really: When looking at a higher high, if the price was even higher just 4 or 5 candles ago, is it really a higher high? It would be higher than the previous peak, but if the peak before that was higher than both then can the first peak even be called a "high" for the next peak to be a valid "higher high"Ignored