DislikedI thought I was on the verge of getting my perfect screen arrangement; the basic Trader101 Buy/Sell list, Orest's indicator and now, Crod's Universal IA monitor.
Unfortunately, none of the indicators are in agreement with the other. Any ideas why they are not in agreement, an what I might to to correct the situation?
Combo screen shot attached.
Thanks.
MurphIgnored
On Orests, the this week column might be anchored at a different point in time. With this one, the anchor supposedly doesn't remain anchored at a particular place, but scrolls along a week behind on the weekly column (I think that is right).
On crodzilla, on the multi frame you set the anchor point for each time frame. That anchor point stays there.
Therefore, the gap between the pairs will vary greatly according to how long they have had to move, and the number of pips they have travelled.
I had good luck with the Orest myself under normal conditions, but when there are a lot of external unusual conditions with various currencies that cause them not to follow each other properly, and logically, then the Orest can give a LOT of false readings. Open a trade, basket don't move.
The numbers on the Orest at least to me, make little sense because of this.
I have had best luck with Orest, in looking at the weekly and daily columns, and determining the way the currencies are moving against each other and aligning. Also, looking at the yen charts EJ GJ especially, and also AJ. Usually find that when the basket isn't moving, all the pairs are at support or resistance. All pairs tend to move at the same time the EJ and GJ break S & P and you will see the Orest weekly and daily begin to align.
Limstyles on this thread has some interesting insights concerning the spread on the original T101 thread that you might explore.
Hope that helps a little.
Shakey
Please test it deeply to check if it works fine (I tested with AlpariUK and MIG and seems pretty good).
