Disliked{quote} 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 againIgnored
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Disliked{quote} 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 againIgnored
Disliked{quote} thanks honestknave! what about correlation. JibalaPasan in post 1087 of dashboard thread wrote of correlation http://www.forexfactory.com/showthre...23#post8211923 she talks about how pairs are correlated to each other.. nasap talks about pairs being in sync. would you please define the correlation part. Thanks!Ignored
DislikedA fantastic piece of work Andrew! This may not be a relevant factor or practical to even consider, but just a thought: is it worthwhile (or even possible) to consider weighting the relative strength of a currency by some sort of volume? That is, if the volume of EURUSD is twice that of AUDUSD, then the EURUSD would have twice the weighting in calculating the Relative Strength of USD.Ignored
Disliked{quote} Interesting you should mention this, because I have been giving correlation some thought over the last few days. I'm overstepping my knowledge boundaries here, so please take everything I say with a pinch of salt (and I'm happy to be corrected by anyone more knowledgeable on the subject): Correlation in its simplest form means a connection between two or more things. When you see a correlation table like this: {image} You are seeing a comparison of 2 pairs. When one pair moves up, what does the other pair do? Does it move up the same amount?...Ignored
Disliked{quote} Interesting you should mention this, because I have been giving correlation some thought over the last few days. I'm overstepping my knowledge boundaries here, so please take everything I say with a pinch of salt (and I'm happy to be corrected by anyone more knowledgeable on the subject): Correlation in its simplest form means a connection between two or more things. When you see a correlation table like this: {image} You are seeing a comparison of 2 pairs. When one pair moves up, what does the other pair do? Does it move up the same amount?...Ignored
Disliked{quote} nice honest post. my understanding is that when the little twig grow into a bigger twig and then has a trunk and then starts to branch you can count on that more.... in other words the order things happen matters..... i.e steady moves... i.e 1 minute turns into 5 minute turns into 15 minute.... when it comes to correlation.... thats one thing to look for there is a video i can find about it if you like..... the other thing from what little i've understand from my readings is that If a strong correlation is real price usually doesn't decouple...Ignored
Disliked{quote} dagoods on the correlation cheat sheets.pdf it mention another pdf that comes first, "Correlation Secrets" but the links on pdf are broken, do you have it or know where to get? Thanks!Ignored
Disliked{quote} nice nice have you seen teh indicator called abr ,average bar range? there is also a indicator called tradeable correlations.... so i know you can pull correlations data.... can you make an open source mql that uses the idea shown in the pdf about range following? that would be greatIgnored
Disliked{quote} No, never seen those. When I get a little more time I'll take a look - thanksIgnored
Dislikedthe indicator dont work can you fix it my pairs with dot AUDUSD. EURUSD. {image}Ignored
Disliked{quote} cool... an other way to see "following" is to see one of the pairs that is correlated to move up the ranks and go from lets say level 3 to level 8 on the 8 level CSM, and the other one not..... lets say the other one goes to level 5 from level 2 or soemthing.... then you can bet the other one will follow the leader.... hope i'm makin' some sense here cause my peanut get confused very easily j.k. lolIgnored