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CICR system (Currency index cross referencing)

  • #2,001
  • Jul 31, 2014 3:49am Jul 31, 2014 3:49am
Quoting Robertk
{quote} thanks for your respond capito! They were only offline the day of my post. However, still looking into alternatives. One of them is a custom made index with the same weighting as LT lfx indexes. However, from the looks it can only be applied to NT. If you have any ideas a reply or pm would be highly appreciated!
1 . liteforex works fine.

2. You can also try GCI mt4
  • #2,002
  • Jul 31, 2014 4:03am Jul 31, 2014 4:03am
Quoting capito
{quote} 1 . liteforex works fine. 2. You can also try GCI mt4
Yeah, Liteforex works fine now. Was looking for some backup in case liteforex decides to remove these indexes for some reason. Will look into GCI mt4 for now, thanks again
  • #2,003
  • Sep 16, 2014 12:29pm Sep 16, 2014 12:29pm
Quoting Robertk
{quote} Yeah, Liteforex works fine now. Was looking for some backup in case liteforex decides to remove these indexes for some reason. Will look into GCI mt4 for now, thanks again

HI GUYS, unfortunately LFX indexs were removed by liteforex just a few hours ago.... Any want know other brokers with the all the currency index ?



Thanks and regards.
STRENGHT IS LIFE ,WEAKNESS IS DEATH - SWAMI VIVEKANANDA
  • #2,004
  • Sep 16, 2014 12:53pm Sep 16, 2014 12:53pm
Quoting Robertk
{quote} Yeah, Liteforex works fine now. Was looking for some backup in case liteforex decides to remove these indexes for some reason. Will look into GCI mt4 for now, thanks again

HI GUYS, unfortunately LFX indexs were removed by liteforex just a few hours ago.... Anyone knows other brokers with the all the currency index ?



Thanks and regards.
STRENGHT IS LIFE ,WEAKNESS IS DEATH - SWAMI VIVEKANANDA
  • #2,005
  • Sep 16, 2014 2:40pm Sep 16, 2014 2:40pm
Quoting sivaji
{quote} HI GUYS, unfortunately LFX indexs were removed by liteforex just a few hours ago.... Anyone knows other brokers with the all the currency index ? Thanks and regards.
No, but I do have indexes on NT. Problem is I cannot add my indicators to them / need my indicators translated into NT.

Honestly, LT and other brokers are either underestimating the benefit of indexes for their customers, or they made deals with parties that have money.. Most likely the second scenario. Otherwise they are clueless how the market works.

I mean really, only FXCM has a dollar index? Having the right infrastucture is THE number one problem nowadays and not a single party to be found that is taking care of it.
  • #2,006
  • Sep 16, 2014 2:43pm Sep 16, 2014 2:43pm
There are indexes at GCI. They are called EUR_FUT, CHF_FUT etc. and can be found under Forex Futures.
However I can't find USD index. Anybody knows where I can find the USD index?? Thanks for your help.
  • #2,007
  • Sep 16, 2014 3:07pm Sep 16, 2014 3:07pm
Quoting fguru
There are indexes at GCI. They are called EUR_FUT, CHF_FUT etc. and can be found under Forex Futures. However I can't find USD index. Anybody knows where I can find the USD index?? Thanks for your help.
I tried this one before and while it is better than nothing I have big questions regarding the weighting of components / info is nowhere to be found on this.
Also historical data ( esp. short term ) is very, very little. For people that like to draw TL's longer term it is okay tho I would say because the huge possitive correlations will basically smooth out things.

So in short, for eyeballing purpose it works.. For short-term sentiment tracking it does not.
  • #2,008
  • Sep 16, 2014 3:10pm Sep 16, 2014 3:10pm
Yes also the charts look different at GCI than the one @liteforex. So what can we do? Just wait until the indexes @liteforex show up again?
What is NT?
  • #2,009
  • Sep 16, 2014 3:19pm Sep 16, 2014 3:19pm
Quoting fguru
Yes also the charts look different at GCI than the one @liteforex. So what can we do? Just wait until the indexes @liteforex show up again? What is NT?
NT is ninjatrader. I have true volume weighted indexes EUR% GBP% etc on them. But at the moment I am having huge troubles translating MT indicators into NT so it looks like a no go.
  • #2,010
  • Sep 16, 2014 3:24pm Sep 16, 2014 3:24pm
Thanks, can NT be used for free?
  • #2,011
  • Sep 16, 2014 3:35pm Sep 16, 2014 3:35pm
Quoting sivaji
{quote} HI GUYS, unfortunately LFX indexs were removed by liteforex just a few hours ago.... Anyone knows other brokers with the all the currency index ? Thanks and regards.
http://www.liteforex.com/trading/det...ny-news/25557/

Dear clients,

The LiteForex Company informs you that trading LF Indexes will be discontinued from 10/06/2014. Trading world indexes will be temporarily suspended and we will notify you of resumption as soon as possible.

Thus, current orders may be closed but new ones cannot be opened. We apologize for the inconvenience and hope for your understanding.

Regards,
LiteForex - See more at: http://www.liteforex.com/trading/det....vmCOaR6I.dpuf

Unfortunately they will not be returned back

Lets email bomb liteforex. Give us Lfx indexes
  • #2,012
  • Sep 16, 2014 3:37pm Sep 16, 2014 3:37pm
Quoting fguru
There are indexes at GCI. They are called EUR_FUT, CHF_FUT etc. and can be found under Forex Futures. However I can't find USD index. Anybody knows where I can find the USD index?? Thanks for your help.
impossible to be available USD index, because all indexes are priced in dollar terms
  • #2,013
  • Sep 16, 2014 3:51pm Sep 16, 2014 3:51pm
Quoting kingofmicro
{quote} http://www.liteforex.com/trading/det...ny-news/25557/ Dear clients, The LiteForex Company informs you that trading LF Indexes will be discontinued from 10/06/2014. Trading world indexes will be temporarily suspended and we will notify you of resumption as soon as possible. Thus, current orders may be closed but new ones cannot be opened. We apologize for the inconvenience and hope for your understanding. Regards, LiteForex - See more at: http://www.liteforex.com/trading/det....vmCOaR6I.dpuf...
Thanks for the info. Oh no, that's really bad.
  • #2,014
  • Sep 16, 2014 4:13pm Sep 16, 2014 4:13pm
Quoting Robertk
{quote} NT is ninjatrader. I have true volume weighted indexes EUR% GBP% etc on them. But at the moment I am having huge troubles translating MT indicators into NT so it looks like a no go.
If you don't mind Robertk, what broker are you using that has the currency indexes? And have you compared them to the Liteforex's? Are they identical in calculation, hence movement in realtime? Thanks.
  • #2,015
  • Sep 16, 2014 4:50pm Sep 16, 2014 4:50pm
Quoting Ohms
{quote} If you don't mind Robertk, what broker are you using that has the currency indexes? And have you compared them to the Liteforex's? Are they identical in calculation, hence movement in realtime? Thanks.
They are not provided by a broker. Its an indicator that basically draws a new chart. NT has the ability to place other indicators on top of it so it would have been a nice alternative, if only the translation for MQL4 indicators that I use into nt wouldnt be this hard.

Anyway, in case you are interested you might want to google "littlefish" and "RCIS indicator" . Not posting any websites here because that might be seen as commercial content.

Calculation methods of the above differ from LT also. I cannot look them up because the developer does not want to give them away and kind of encrypted them into .dll files.
  • #2,016
  • Sep 16, 2014 7:33pm Sep 16, 2014 7:33pm
Thanks Robertk. I found out that MT5 has the LF Indices for the time being. They seem to be working but I'm sure they'll go anytime, definitely by 10.6.14 according to the Liteforex statement. The reason for discontinuing it was given according to rep Sergey:

"As LF indices are synthetic and unpopular instruments we made a decision to renounce their using. Unfortunately You can not use them anymore. I do not think that they can be returned back soon. Maybe in some future."

I'm devastated as they were integral to my system. Now I have to learn how to fish for myself (!).
  • #2,017
  • Sep 16, 2014 8:22pm Sep 16, 2014 8:22pm
Quoting Ohms
Thanks Robertk. I found out that MT5 has the LF Indices for the time being. They seem to be working but I'm sure they'll go anytime, definitely by 10.6.14 according to the Liteforex statement. The reason for discontinuing it was given according to rep Sergey: "As LF indices are synthetic and unpopular instruments we made a decision to renounce their using. Unfortunately You can not use them anymore. I do not think that they can be returned back soon. Maybe in some future." I'm devastated as they were integral to my system. Now I have to learn how...
Try out GCI (gcitrading), they have all indexes except the USD index. But instatrader (instaforex) has the USD index. Hope this helps.
  • #2,018
  • Sep 16, 2014 9:29pm Sep 16, 2014 9:29pm
Quoting fguru
{quote} Try out GCI (gcitrading), they have all indexes except the USD index. But instatrader (instaforex) has the USD index. Hope this helps.
Thanks fguru. I've been checking GCI and the FUTURES don't seem to have any kind of correlation with any pairs for the most part. With Liteforex, an uptick, divergence, s/r levels on the LFX were accurate and critical to indicate flow on pairs, down to the M1 timeframe. The GCI ticks are sparse and sporadic and not really indicative for smaller time frames. But thanks anyhow. Business strategy shift tomorrow....
  • #2,019
  • Sep 17, 2014 2:16am Sep 17, 2014 2:16am
Wow, this really sucks. You can still check index charts at forexticket.com Although this uses flashplayer and can only be used as a visual reference for longer term analysis.
  • #2,020
  • Sep 17, 2014 6:41am Sep 17, 2014 6:41am
Yes Ohms, I agree. The index charts from GCI are much different from the charts at forexticket.com whereas the charts from Liteforex are accurate.
Liteforex is working again today, but not for long I assume since they announced that they won't be available on October 6 anymore.
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