DislikedNow 2.5hrs later. Notice the differences between the 3 pix and learn how to interpret the indicator.Ignored
For ccfp{v2.0}
use current = false
use bar instead ma = false
this is the slowest or more long term outlook of a currency.
use current = true
use bar instead ma = false
intermediate outlook for a currency
use current = true
use bar instead ma = true
shortest or more current outlook since it uses bars and not moving average.
So I guess it all depends on how you want to trade it. Baskets like ES is doing with the daily would be more concerned with the longer/ intermediate term indi.
Quicker baskets or single trades you could use the intermediate/shorter term indi and compare the two to see which currency is gaining or losing strength. But also use the longer term to verify you are still going with the prevailing trend.
So just looking at the screen FH just posted I see usd/gbp/jpy getting weaker and eur/aud/nzd/cad getting stronger.
so if i made a 8 pair basket out of what i see based on the h4/h4 current
it would be
eur/usd eur/jpy nzd/usd aud/usd LONG
gbp/aud usd/cad gbpnzd gbp/cad SHORT
But for added saftey I would also look at the D1 indi to make sure none of those are going against a strong trend.
That was just my example. For myself I would probably only trade the D1 indicator as I cant sit and watch charts all day.
