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csDash (currency strength meter)

  • #61
  • May 3, 2015 3:56pm May 3, 2015 3:56pm
Quoting mosiskv
Hi Honestknave EXCELLENT and QUICK work! The "font size & row height" fix enabled me to set it up on even my notebook without problems. Works on my ECN broker with suffix too However I found 2 strange things which happen every now and then while "playing" with the indicator: 1) Sometimes when I minimize the indicator the text part rolls up properly but the outside box stay expanded. 2) See attached - while changing the settings / timeframe / etc it does not remove the"first" instance but provided a second instance which work correctly Anyhow - thanks...
Thanks for the feedback mosiskv,
To help me track down the strange behavior, next time you see it please can you press CTRL+ I to open the indicator window and just double check how many instances of csDash are showing. Cheers!
  • #62
  • May 3, 2015 4:09pm May 3, 2015 4:09pm
Just a quick note to anyone watching the indicator as the markets all open up.

The values will fluctuate quite significantly until there is a decent distance between the high and the low. Until then, small pip movements translate into big % changes.

This is perfectly normal
  • #63
  • May 3, 2015 4:11pm May 3, 2015 4:11pm
Hi Honestkanve

Still had the example chart open - only 1 instance.

Also could you consider changing the display of the spread so that it auto detect on what broker type you are and then display the spread
appropriate for that broker?

Thanks again - will check further tomarrow - now bedtime for old people like me

Cheers
Don't limit yourself!!
  • #64
  • May 3, 2015 4:12pm May 3, 2015 4:12pm
Quoting honestknave
{quote} Try this one tradista: Version 1.07 Changes: Ability to change the font size and row height {image} Minor change to option descriptions {file}
Perfect!!
  • #65
  • May 3, 2015 4:15pm May 3, 2015 4:15pm
Quoting mosiskv
Hi Honestkanve Still had the example chart open - only 1 instance. Also could you consider changing the display of the spread so that it auto detect on what broker type you are and then display the spread appropriate for that broker? Thanks again - will check further tomarrow - now bedtime for old people like me Cheers
OK thanks mosiskv. Please keep me posted if you can replicate the bug.
I'm not sure I follow re: the spread... the displayed spread is (should be?!) the spread from your broker
  • #66
  • May 3, 2015 4:16pm May 3, 2015 4:16pm
Quoting tradista
{quote} Perfect!!
  • #67
  • May 3, 2015 5:21pm May 3, 2015 5:21pm
Thank you, much appreciated.

Rapid
  • #68
  • May 3, 2015 9:44pm May 3, 2015 9:44pm
Great work. Thank you!
  • #69
  • May 4, 2015 2:32am May 4, 2015 2:32am
Quoting honestknave
Reached maximum number of attachments on previous post, so here is the file. I've tried to keep things as simple as possible, but adding more options is inevitable when you try to cater for different people's preferences. There is now no need to set the broker prefix/suffix because this is done automatically. So at least there are 2 less options there
Outstanding piece of work Andrew

Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #70
  • May 4, 2015 7:19am May 4, 2015 7:19am
Honestknave,

Great and outstanding indicator. Thank you

The spread is not displaying properly on my Global Prime broker
For instance it is showing
26 instead of 2.6 for GbpCad
33 instead of 3.3 for GbpAud
etc
Attached Image (click to enlarge)
Click to Enlarge Name: Global Prime - MetaTrader 4.png Size: 123 KB
  • #71
  • May 4, 2015 7:45am May 4, 2015 7:45am
Quoting rapidedward
Thank you, much appreciated. Rapid
Quoting ShomariG
Great work. Thank you!
Quoting 919gilead
{quote} Outstanding piece of work Andrew Shalom
Glad that you're all getting some use from it
  • #72
  • May 4, 2015 7:50am May 4, 2015 7:50am
Quoting Godwin Igili
Honestknave, Great and outstanding indicator. Thank you The spread is not displaying properly on my Global Prime broker For instance it is showing 26 instead of 2.6 for GbpCad 33 instead of 3.3 for GbpAud etc {image}
Hello Godwin Igili,

It returns the spread values straight from your broker in points (not pips).

If you're using a 5 digit broker (which most are these days), there are 10 points to a "pip".

Hope that helps
  • #73
  • May 4, 2015 10:02am May 4, 2015 10:02am
Quoting honestknave
{quote} OK thanks mosiskv. Please keep me posted if you can replicate the bug. I'm not sure I follow re: the spread... the displayed spread is (should be?!) the spread from your broker
"Hello Godwin Igili,
It returns the spread values straight from your broker in points (not pips).
If you're using a 5 digit broker (which most are these days), there are 10 points to a "pip".

Apologies for my vague description - I understand that you get spread straight from broker but
perhaps you could automate the "correct" display per broker digit(4/5) etc or give a choice in settings
for display purposes?

Cheers
Don't limit yourself!!
  • #74
  • Edited 10:49am May 4, 2015 10:33am | Edited 10:49am
Quoting mosiskv
{quote} "Hello Godwin Igili, It returns the spread values straight from your broker in points (not pips). If you're using a 5 digit broker (which most are these days), there are 10 points to a "pip". Apologies for my vague description - I understand that you get spread straight from broker but perhaps you could automate the "correct" display per broker digit(4/5) etc or give a choice in settings for display purposes? Cheers
Hello mosiskv,

I'll look into it when I get a chance - that change is actually slightly more involved than you might think (has multiple knock-on effects to this particular indicator).

PS I'll bite my lip about what is "correct" for risk of delving into yet another discussion about pips vs points vs ticks
  • #75
  • May 4, 2015 10:48am May 4, 2015 10:48am
Quoting honestknave
{quote} Hello mosiskv, I'll look into it when I get a chance - that change is actually slightly more involved than you might think (has multiple knock-on effects to this particular indicator). PS I'll bite my lip about what is "correct" for risk of delving into yet another discussion about pips vs points vs ticks
Hi
Thanks for your prompt reply
Do it when it is convenient for you
Ya - lets leave "pips vs points vs ticks" for those who want to drive themselves mad

Cheers
Don't limit yourself!!
  • #76
  • May 5, 2015 8:13am May 5, 2015 8:13am
Hi honestknave, my csDash is sightly different from my forexGrail spredsheet, do you know what is causing this difference ? (the currency strenght number)
Attached Image (click to enlarge)
Click to Enlarge Name: 01.png Size: 95 KB
  • #77
  • May 5, 2015 8:57am May 5, 2015 8:57am
Quoting mokuro89
Hi honestknave, my csDash is sightly different from my forexGrail spredsheet, do you know what is causing this difference ? (the currency strenght number) {image}
Hello mokuro89,

I'm not familiar with the forexGrail spreadsheet, but I can see a significant difference: csDash uses a total of 28 pairs with each currency having 7 evaluation points:

Attached Image (click to enlarge)
Click to Enlarge Name: eval points.png Size: 65 KB
  • #78
  • May 5, 2015 10:19am May 5, 2015 10:19am
Quoting honestknave
{quote} Hello mokuro89, I'm not familiar with the forexGrail spreadsheet, but I can see a significant difference: csDash uses a total of 28 pairs with each currency having 7 evaluation points: {image}

would you please define an evaluation point.
  • #79
  • May 5, 2015 10:32am May 5, 2015 10:32am
Quoting dagoods
{quote} would you please define an evaluation point.
Sure.

I'm just using the term "evaluation point" because that is what the spreadsheet calls them.

But what we're really talking about are pairs where the currency in question is either the base or the quote.

Take USD as an example.

To get the strength of USD, you look at 7 pairs:

  1. USDCHF
  2. USDJPY
  3. USDCAD
  4. EURUSD
  5. GBPUSD
  6. AUDUSD
  7. NZDUSD

Ignore the figures (a different system), but this shows you which pairs are used for each currency:

Attached Image (click to enlarge)
Click to Enlarge Name: evaluation points.png Size: 75 KB
  • #80
  • May 5, 2015 10:37am May 5, 2015 10:37am
Quoting honestknave
{quote} Sure. I'm just using the term "evaluation point" because that is what the spreadsheet calls them. But what we're really talking about are pairs where the currency in question is either the base or the quote. Take USD as an example. To get the strength of USD, you look at 7 pairs: USDCHF USDJPY USDCAD EURUSD GBPUSD AUDUSD NZDUSD Ignore the figures (a different system), but this shows you which pairs are used for each currency: {image}
I was also wondering what is the evaluation points, thanks honestknave for the explanation

It makes more sense to use 7 on every currency then, I'm really enjoying the csDash, thanks again
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