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Currency Strength Masterpiece

  • #1
  • First Post: Aug 6, 2015 10:22am Aug 6, 2015 10:22am
this thread is for discussion of what the title says: specifically the Dashboard trading methods outlined in the Dashbard Trading thread.

A one stop shop of just the trading side, leaving the coding to the coders.


I will not be running this thread at all. All will Must contribute exactly what they know to be good ways of trading with the Currency Strength Masterpiece.

Cut and Paste select Posts. Post stuff from the net including how to videos. what have you.

Ultimately and unclear stuff will be cleared up and will be fixed.

Only proven ideas in this thread, otherwise anything will be allowed and that way i won't have to delete garbage. No garbage in, only all garbage out. ....

Thanks for understandings. Theory + real results only. Best ways will be coded only, so as not to waste coders time.
  • #2
  • Aug 6, 2015 10:24am Aug 6, 2015 10:24am
http://www.forexfactory.com/showthread.php?t=532236 The thread in question...

like a Miracle.
  • #3
  • Aug 6, 2015 10:25am Aug 6, 2015 10:25am
http://www.forexfactory.com/showthre...66#post8421266
  • #4
  • Aug 6, 2015 10:26am Aug 6, 2015 10:26am
http://www.forexfactory.com/showthre...98#post8420498

i don't understand that one yet... .maybe it can be automated...
  • #5
  • Aug 6, 2015 10:28am Aug 6, 2015 10:28am
can you guys please help to find Jibalas posts and images also
  • #6
  • Aug 6, 2015 10:42am Aug 6, 2015 10:42am
please all discuss the the indicator idea presented there>>>


http://www.forex-tsd.com/metatrader-...tml#post756757


would that not be far superior to ASH?
  • #7
  • Aug 6, 2015 10:48am Aug 6, 2015 10:48am
ok in plain english what the dash is doing logically

1. it takes snapshot of the relative strength of one currency, <not pairs but currencys>.... relatively versus another, or all the others.

2. takes another snapshot some time later or gives another reading where you compare the same two currencies strength so to make a trading decision on that pair

3. its not really complicated when you look at it like that
  • #8
  • Aug 6, 2015 10:50am Aug 6, 2015 10:50am
so there are three starting positions you can have to consider a trade with...

both high

both low

one high and one low


if one or both start neutral that isn't
as far as i can tell any good to start with

but i'm open to be proven wrong
  • #9
  • Aug 6, 2015 10:52am Aug 6, 2015 10:52am
so both start high....snapshot 1

then an hour later, arbitrarily picking an 1 hour gap

a second snapshot is taken and currency 1 is still high but currency 2 is now substantially lower

what does that tell us?


how do we trade that?
  • #10
  • Aug 6, 2015 10:53am Aug 6, 2015 10:53am
http://www.forexfactory.com/showthre...44#post8421644
  • #11
  • Aug 6, 2015 10:57am Aug 6, 2015 10:57am
good idea. we can discuss settings here and hotpotato can code quietly without:

I wont start with first question. What means the
jibalaalign=0
not1=
it is still not used

thanks
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
  • #12
  • Aug 6, 2015 11:02am Aug 6, 2015 11:02am
http://www.forexfactory.com/showthre...21#post8409921

http://www.forexfactory.com/showthre...41#post8409841
  • #13
  • Edited 11:40am Aug 6, 2015 11:08am | Edited 11:40am
Quoting dagoods
this thread is for discussion of what the title says: specifically the Dashboard trading methods outlined in the Dashbard Trading thread. A one stop shop of just the trading side, leaving the coding to the coders. I will not be running this thread at all. All will Must contribute exactly what they know to be good ways of trading with the Currency Strength Masterpiece. Cut and Paste select Posts. Post stuff from the net including how to videos. what have you. Ultimately and unclear stuff will be cleared up and will be fixed. Only proven ideas in...
Last shot I can find of Jibala's setup. Basically looks like same thing I was doing except it doesn't show her correlation sheet which I am pretty sure she uses. She told me many posts ago that she waits until strength is at 75%(don't know what strength she is talking about I thought she was talking about DD dash at the time) and when correlation is at 75%. She makes her own excel correlation sheet that I know for fact. That is all she would divulge. This is like solving a riddle but worth it if we can just figure out what she is doing exactly.

http://www.forexfactory.com/showthre...81#post8420081
  • #14
  • Aug 6, 2015 11:12am Aug 6, 2015 11:12am
Quoting PipFlak
{quote} Last shot I can find of Jibala's setup. Basically looks like same thing I was doing except it doesn't show her correlation sheet which I am pretty sure she uses. She told me many posts ago that she waits until strength is at 75%(don't know what strength she is talking about I thought she was talking about DD dash at the time) and when correlation is at 75%. That is all she would divulge. This is like solving a riddle but worth it if we can just figure out what she is doing exactly. http://www.forexfactory.com/showthre...81#post8420081...

sent you a p.m.

Thanks all you guys for taking interest in good ideas!
  • #15
  • Aug 6, 2015 11:38am Aug 6, 2015 11:38am
Quoting dagoods
{quote} sent you a p.m. Thanks all you guys for taking interest in good ideas!
​
dagoods
Is the psylevel indicator showing closed candles or open ? Is there a MTF multi pair candle direction indicator that is adjustable?
  • #16
  • Edited 11:57am Aug 6, 2015 11:42am | Edited 11:57am
Quoting PipFlak
{quote} ​ dagoods Is the psylevel indicator showing closed candles or open ? Is there a MTF multi pair candle direction indicator that is adjustable?

i posted one that cj made int the dashboard thread. i got it from His thread i will code your indicators + Eas for no charge.

its called mtf ....err forgot... well you have enough info to find what you need to be honest i've yet to really test these concepts in there full applications.

psy levels is current candles...current candles is not enough info to trade with IMO
  • #17
  • Aug 6, 2015 11:48am Aug 6, 2015 11:48am
step by step lets do it manually...

1. lets look at yesterdays daily candles for all pairs and see which ones were long TOGETHER ...we will call that Synch...or we will call that correlation

good enough of a rough estimate.. why? they both went long yesterday TOGETHER..... very rough estimate...but lets just go with that

2. see what your csm says today....

3. the rest should be obvious common sense

4. IF, big if, they were in fact correlated...then they Will 90% of the time return to correlation....i.e. we will win 90% of the time

5 get it guys

according to my understanding, that's one way to understand the logic of what to do

pl. correct me if i is way off and wrong

PS can Yesterdays ASH be used for synch purposes
  • #18
  • Aug 6, 2015 12:46pm Aug 6, 2015 12:46pm
Anyone know what the Jibala index is for? Another piece of the Jibala master stategy I assume.​
  • #19
  • Aug 6, 2015 1:51pm Aug 6, 2015 1:51pm
Quoting PipFlak
Anyone know what the Jibala index is for? Another piece of the Jibala master stategy I assume.​
I just looked at Robinho new settings and he no longer uses the daily candle and does not have the do not trade against daily arrow option set to true if GE copied his settings correctly. So basically the whole theory about daily candle closing just went out the window. Everybody is preaching one thing and doing something else. Makes it very confusing to the rest of us.
  • #20
  • Aug 6, 2015 1:55pm Aug 6, 2015 1:55pm
Quoting PipFlak
{quote} I just looked at Robinho new settings and he no longer uses the daily candle and does not have the do not trade against daily arrow option set to true if GE copied his settings correctly. So basically the whole theory about daily candle closing just went out the window. Everybody is preaching one thing and doing something else. Makes it very confusing to the rest of us.
Me too i do not use daily open. Because every trader in the world he have an other D. What I use is yesterdays high and low. This is SR and makes sense.
Scan all 28 Forex pairs with ONE chart... Currency Strength28 Indicators
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