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csDash (currency strength meter)

  • #161
  • May 21, 2015 9:39am May 21, 2015 9:39am
I was just playing with this to test the reliability of the CSM without even waiting for break of S/R level. It went straight into 4-5 pip profit and I closed immediately as I always like S/R level broken as additional confirmation. Trust your edge and trade it.

Done for the day unless something unusual attracts my attention.

Good trading to all, and shalom

Thanks again Andrew
Attached Image (click to enlarge)
Click to Enlarge Name: GU Trade 1 - 5212015.gif Size: 88 KB
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  • #162
  • May 21, 2015 9:48am May 21, 2015 9:48am
Quoting 919gilead
{quote} But you have one you can adapt {image}
Yes I did try with different TFs but didn't think of multiple instances of csDash.
Thank you,
pax
  • #163
  • May 21, 2015 10:02am May 21, 2015 10:02am
Quoting pax
{quote} Yes I did try with different TFs but didn't think of multiple instances of csDash. Thank you, pax
You're welcome

Leaving for work now but my days are numbered as I am getting ready for fulltime trading
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  • #164
  • May 22, 2015 5:54am May 22, 2015 5:54am
Hello honestknave and other traders here

I would ask you if you can add minor feature to your csDash. Average diff of pairs (BUY - SELL in relative strength) then we can see market sentinel (bullish market etc etc) It can help to gather another information.

Just my opinion


have a nice day

masofras
  • #165
  • May 22, 2015 7:30am May 22, 2015 7:30am
Quoting masofras
Hello honestknave and other traders here I would ask you if you can add minor feature to your csDash. Average diff of pairs (BUY - SELL in relative strength) then we can see market sentinel (bullish market etc etc) It can help to gather another information. Just my opinion have a nice day masofras

doesn't it already do that? isn't that exactly the formula in the spreadsheet? if you have a additional formula please post exactly what that is.

thanks
  • #166
  • May 22, 2015 8:03am May 22, 2015 8:03am
Quoting dagoods
{quote} doesn't it already do that? isn't that exactly the formula in the spreadsheet? if you have a additional formula please post exactly what that is. thanks
If I read between the lines his idea may be to add up the (Diff column) of all 28 pairs and divide it by 28 to get an average total. Where values close to zero will then confirm a non-trending market sentiment and positive values and negative values will confirm total market sentiment either upwards or downwards
  • #167
  • May 22, 2015 8:20am May 22, 2015 8:20am
Quoting dagoods
{quote} doesn't it already do that? isn't that exactly the formula in the spreadsheet? if you have a additional formula please post exactly what that is. thanks

explanation u can find in picture

my english is not so good so If anything isnt clear feel free to ask

have a nice day

masofras
Attached Image (click to enlarge)
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  • #168
  • May 22, 2015 9:35am May 22, 2015 9:35am
Quoting honestknave
{quote} At the moment, just out for testing with one trader (no prize for guessing who!) It will need some cosmetic work before being released, but at the moment I have basically no spare time
Okay
Thank you reply!
  • #169
  • May 26, 2015 8:20pm May 26, 2015 8:20pm
Attached Image (click to enlarge)
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This was the status of the strength meters when I took the trade but I have another linear CSM to measure current M1 trend and it warned me that AUD power was waning.
Attached Image (click to enlarge)
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So I closed @ the earliest opportunity for 2 pips. PA has since gone to retest the daily open and would have taken me out. This is to show that currency strength is not enough.
Attached Image (click to enlarge)
Click to Enlarge Name: EA Trade 1b - 5262015.gif Size: 59 KB
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  • #170
  • May 27, 2015 12:06am May 27, 2015 12:06am
Attached Image (click to enlarge)
Click to Enlarge Name: EU Trade 1 - 5262015.gif Size: 66 KB

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  • #171
  • May 27, 2015 4:24am May 27, 2015 4:24am
Attached Image (click to enlarge)
Click to Enlarge Name: CC Trade 1 - 5272015.gif Size: 64 KB

Too many hurdles at first - yesterday's low, 7625 RN and S1 pivot but the overwhelming strength and weakness of CHF & CAD forced the pair down. 9 M1 candles now trading sideways hint of a probable pause!!!

Going for a snooze

Shalom
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  • #172
  • May 27, 2015 4:42am May 27, 2015 4:42am
Attached Image (click to enlarge)
Click to Enlarge Name: CAJ Trade 1 - 5272015.gif Size: 67 KB

I was leaving when this guy attracted my attention, and I know it is a pullback but I have CSM confirmation for a probably good one
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  • #173
  • May 27, 2015 6:14am May 27, 2015 6:14am
To HonestKnave,

Your indi is really accurate and in realtime... providing excellent signal to use the concept of relative force on forex. Congratulation.

I saw this thread and I wanted to compare straight away with my Currency Strength Analyser.... We have the same result : )

Attached Image (click to enlarge)
Click to Enlarge Name: Image1.png Size: 77 KB


Thx for sharing.

Cheers
  • #174
  • May 28, 2015 4:27pm May 28, 2015 4:27pm
Quoting honestknave
Version 1.11 Fixed: alerting fault (no buy alerts generated) {file}
Hi honestknave:

I am not sure if others have the same problem but if I saved csDash (1.11) in a template, when I load the template on a chart, csDash works fine.

but if I remove csDash from the chart, the image of the dashboard stays on the chart.

Please advise. Thank you,

pax
  • #175
  • May 28, 2015 7:12pm May 28, 2015 7:12pm
Quoting pax
{quote} Hi honestknave: I am not sure if others have the same problem but if I saved csDash (1.11) in a template, when I load the template on a chart, csDash works fine. but if I remove csDash from the chart, the image of the dashboard stays on the chart. Please advise. Thank you, pax
The dash remaining on the chart isn't the one you removed but the one saved in your template. I think the way it was coded (objects names) doesn't allow to apply the tool with template.
MT4/MT5 EAs/Indicators/Alerts coder
  • #176
  • May 28, 2015 11:33pm May 28, 2015 11:33pm
Quoting FerruFx
{quote} The dash remaining on the chart isn't the one you removed but the one saved in your template. I think the way it was coded (objects names) doesn't allow to apply the tool with template.
Thanks FerruFx for the explanation.
I have zero coding knowledge.
I tried Objects list - select all - delete and still couldn't get rid of the image.
For now I can use the tool as is, no template.

pax
  • #177
  • May 29, 2015 11:17am May 29, 2015 11:17am
Quoting 919gilead
{image} I was leaving when this guy attracted my attention, and I know it is a pullback but I have CSM confirmation for a probably good one
Gilead may I know which indicator you are using that is able to
display mini charts of different time-frames?
One Punch, One Kill
  • #178
  • May 29, 2015 1:37pm May 29, 2015 1:37pm
Quoting KeroroQ
{quote} Gilead may I know which indicator you are using that is able to display mini charts of different time-frames?

Hi KeroroQ,

Please see post 151 where I provided the link to download the indicator - it is the pipware mini chart, item 2.

Shalom

George
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  • #179
  • May 30, 2015 12:16pm May 30, 2015 12:16pm
Quoting honestknave
I had a chance to look over csDash this weekend and have made some changes. There is nothing wrong with the old csDash, so if you dont like the changes you can continue to use the old version. I haven't tested the new version on an open market, so my apologies in advance if some glitches become apparent. It is now an indicator (not an expert) Why? You can only add 1 expert per chart but you can add numerous indicators. What does this mean? You need to put csDash.ex4 into your Indicators folder. The visuals are more configurable Why? User preference....
HI honestknave
Could you post latest version all dashboard this post . please work to all broker . because " csdash " not work
I'm sorry my English very bad . Thanks
  • #180
  • May 30, 2015 7:18pm May 30, 2015 7:18pm
Quoting ahhamidz
{quote} HI honestknave Could you post latest version all dashboard this post . please work to all broker . because " csdash " not work I'm sorry my English very bad . Thanks

Hi ahhamidz

thats the latest version

http://www.forexfactory.com/showthre...90#post8266690

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