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Help FPI indicator

  • #1
  • First Post: Apr 12, 2010 11:41am Apr 12, 2010 11:41am
hi, could anyone pls modify this FPI indicator by calculating the FPI using different bid and ask.

http://www.filefactory.com/file/b106fa9/n/FPI.mq4

for example:
GU Bid 1.5377, Ask 1.5380
UJ Bid 93.16, Ask 93.18
GJ Bid 143.29, Ask 143.36

I would like to count GU(bid) x UJ(bid) / GJ(Ask)
1.5377*93.16/143.36=0.9992

Thank you very much.
  • #2
  • Last Post: Edited 4:14am Dec 23, 2010 12:48am | Edited 4:14am
Quoting peijai22
hi, could anyone pls modify this FPI indicator by calculating the FPI using different bid and ask.

http://www.filefactory.com/file/b106fa9/n/FPI.mq4

for example:
GU Bid 1.5377, Ask 1.5380
UJ Bid 93.16, Ask 93.18
GJ Bid 143.29, Ask 143.36

I would like to count GU(bid) x UJ(bid) / GJ(Ask)
1.5377*93.16/143.36=0.9992

Thank you very much.
GU(bid) x UJ(bid) / GJ(Ask)
=GJ(bid) / GJ(Ask)

how does the above formula helps us to trade ?

any idea what is the threshold that is safe enough to scalp?

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