Disliked{quote} So, I think I need to write an EA to create USDLFX and EURLFX offline charts.Ignored
Will it be possible to code as an indicator instead of an EA??? If you prefer the creating offline charts option to using the indexes offered by brokers like LITEFOREX, then its ok. Abokwaik has written a very nice Basket create Script if that may be of help.(attached).
Yes.
Disliked{quote}what is the formula for strength and volatility based on the values we read from SuperTrend indicator applied to USDLFX and EURLFX?Ignored
Yes. (Period/Multiplier setting is 48/3 for Supertrend on M30 TF). Sent you a PM with more info on the strength calculations.
Disliked{quote} For volatility, I guess if SuperTrend is going down, the indicator draws RED histo-bar, and a GREEN if it goes up, right?Ignored
Exactly. But be careful with the color code for the counter currencies. For example, on EURUSD, Strong USD Volaitility and Strength readings would actually been seen as RED HISTOGRAM BARS on the EU Chart! Makes sense?
Attached File(s)
Create_Basket_Script_03.ex4
25 KB
|
566 downloads
Create_Basket_Script_03.mq4
18 KB
|
668 downloads
Understanding liquidity, Time Action and Price Action is priceless!