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  • #5,901
  • Aug 8, 2015 4:30pm Aug 8, 2015 4:30pm
Quoting pipdripper
{quote} Thanks a lot Jibala. I really appreciate all your effort in pointing us in the right direction. Hi JibalaPasan Thanks a lot. We (I personally if there is no other seconding me) are really grateful to you for leading us in this direction so far and can only but ask that you help us further in our understanding of how to more effectively trade "Strength and Direction aka Sync". Having looked at a lot of HP's comment on "Strength and Direction", I believe that this is really the way to go but the issue is how do we get there from where we are...
As far as I am concerned Jibala, Ding Dong and Maria are the most impressive traders I have ever seen (I have stated this over and over again)and maybe FXviper he's pretty impressive. Still can't figure out why no one is willing to risk their own money subscribing to this Nasap person unless they are really expensive.​
  • #5,902
  • Aug 8, 2015 4:31pm Aug 8, 2015 4:31pm
Only trend and direction, no other indicators, no flashing numbers.
More than enough.
Attached Image (click to enlarge)
Click to Enlarge Name: onlytwo.PNG Size: 131 KB
info@metacharttools,com
  • #5,903
  • Aug 8, 2015 4:36pm Aug 8, 2015 4:36pm
@ pipflak
Quote
Still can't figure out why no one is willing to risk their own money subscribing to this Nasap person unless they are really expensive.

First of all you never learn to trade for yourself.

Second and most important, does he looks likes he cares.....
Inserted Video
info@metacharttools,com
  • #5,904
  • Aug 8, 2015 4:53pm Aug 8, 2015 4:53pm
Quoting Hotpotato
@ pipflak {quote} First of all you never learn to trade for yourself. Second and most important, does he looks likes he cares..... https://www.youtube.com/watch?v=-DT7bX-B1Mg
​
Yeah I just read some of the Nasap posts over there it's not too friendly at times. At least it's not so flaming hot on this thread.
  • #5,905
  • Aug 8, 2015 4:58pm Aug 8, 2015 4:58pm
Quoting Hotpotato
Somethings when looking for pieces of code you go to memory lane. Well memory lane, this is only two years ago. Getting old..... {image}
On your main live accounts do you trade manually, auto, or both? Just curious What is the most successful EA you have ever used?
  • #5,906
  • Aug 8, 2015 5:02pm Aug 8, 2015 5:02pm
Quoting PipFlak
{quote} pipdripper While you are here can you explain how to use the CRS and why?​

Madam Jibala will have far better answers to this question but let me try and ramble a bit here about what I have come to understand about it.

From my observation of the CRS, apart from the details the "Absolute Strength" and "Relative Strength" gives us, the Cumulative Relative Strength" goes a bit further to really show which currency is really riding the market at any particular time through considering its current overall Relative Strength pair-wise.

Looking at the one in Post 5,892, I can say that although the NZD is leading in terms of "Absolute Strength" its Cumulative Relative Strength is not that super strong unlike what the AUD had sometime this week with a 51-57 and the closest being just around the mid-20s.

Attached Image


Any currency that runs away from the park in the "Cumulative Relative Strength" simply has dominance and you can trade it with much more confidence without fear of reversal for quite a while.

Besides that, the complete package is when it is combined with the second roll of the new amendment HotPotato is working on. Like in the screenshot by HotPotato in Post 5,832, we can at a glance see that the CAD and the USD are extremely weak.

Attached Image


If you notice very well, you can also see that although the USD has a higher "Absolute Strength" than the CHF, with the USD in 5 out of 7 of its pair weakening while the CHF is just weakening in only 3 of its constituent pairs though having a lower "Absolute Strength".

Again look at the GBP with just 0.1 above the USD in the "Absolute Strength" but it has just one pair in which it is actually weakening against at the moment. You can't go against the GBP in this state it is in at the moment. All at a glance!

Then again, look at the AUD and the NZD, the NZD definitely is the leader of the pack at this very moment, in all 7 pairs it is leading the way. We have our Master/Slave in sync here and definitely this is the leader and a trade to go for.

Without even taking up a chart, you have information at your fingertip that tells you that the CAD is weakening in all of its 7 pairs. The USD also is weakening against five of its pairs.

Trading either the AUD or the NZD against the CAD and USD at this moment probably for the next M15 candle, the chances of you winning the trade are extremely high because before these values will reverse, you would have taken your 15pips or so out of the market. Fast In Fast Out - period. Basket trading this way would be really cool.

Thus "Absolute Strength" as Jibala rightly pointed out to hanover does not really give the full details of the currency and its strength pair-wise, "Relative Strength" does that better. Consequently, the "Cumulative Relative Strength" should and does to a large extent tell us a better story.

But I guess Jibala has a far better understanding of how to apply this indicator given her longer exposure to it.

Again, just me rambling!
  • #5,907
  • Aug 8, 2015 5:06pm Aug 8, 2015 5:06pm
Quoting pipdripper
{quote} Madam Jibala will have far better answers to this question but let me try and ramble a bit here about what I have come to understand about it. From my observation of the CRS, apart from the details the "Absolute Strength" and "Relative Strength" gives us, the Cumulative Relative Strength" goes a bit further to really show which currency is really riding the market at any particular time through considering its current overall Relative Strength pair-wise. Looking at the one in Post 5,892, I can say that although the NZD is leading in terms...
​
Thanks I think this is the last part of the dash that I could not figure out. Appreciate it I have so much to learn from you 00 people.
  • #5,908
  • Aug 8, 2015 5:07pm Aug 8, 2015 5:07pm
Quoting forexaz
{quote} On your main live accounts do you trade manually, auto, or both? Just curious What is the most successful EA you have ever used?
The SDS fully automated system is steadly grinding and making money.

The latest basket trader system is not really fully automated so you have to make some decisions yourself (more fun and learning).

I discarded all my previous systems (although some people are still running with them) because they were single currency systems way to much work and time consuming.

The power in save trading is multi pairs (one usually hedges the other when one goes wrong) or a single pair in the case you know everything there is to know about that pairs behavior so you can call yourself a specialist on that pair.
info@metacharttools,com
  • #5,909
  • Aug 8, 2015 5:17pm Aug 8, 2015 5:17pm
Quoting PipFlak
{quote} ​ Thanks I think this is the last part of the dash that I could not figure out. Appreciate it I have so much to learn from you 00 people.
Find the dominant currency that drives the market for the day and trade accordingly.
info@metacharttools,com
  • #5,910
  • Aug 8, 2015 5:23pm Aug 8, 2015 5:23pm
@pipdripper.

Quote
Again, just me rambling!

No, that's not rambling that's exactly where you should be looking for.

Wait until tomorrow and i have finished the colorful part at the bottom of the dash.
info@metacharttools,com
  • #5,911
  • Aug 8, 2015 5:29pm Aug 8, 2015 5:29pm
hey hotpotato

can you give any more details of the SDS auto system?

many thanks

Quoting Hotpotato
{quote} The SDS fully automated system is steadly grinding and making money. The latest basket trader system is not really fully automated so you have to make some decisions yourself (more fun and learning). I discarded all my previous systems (although some people are still running with them) because they were single currency systems way to much work and time consuming. The power in save trading is multi pairs (one usually hedges the other when one goes wrong) or a single pair in the case you know everything there is to know about that pairs behavior...
  • #5,912
  • Aug 8, 2015 5:43pm Aug 8, 2015 5:43pm
Quoting pipdripper
{quote} Madam Jibala will have far better answers to this question but let me try and ramble a bit here about what I have come to understand about it. From my observation of the CRS, apart from the details the "Absolute Strength" and "Relative Strength" gives us, the Cumulative Relative Strength" goes a bit further to really show which currency is really riding the market at any particular time through considering its current overall Relative Strength pair-wise. Looking at the one in Post...

I would like to comment about second row in spreadsheet and currently in our DB

In my opinion we need to remove little noise, we need to add buffer a little to avoid noise

How to:

This is old code:
=COUNTIF(V20:V26;">0")
=COUNTIF(V20:V26;"<0")

New code idea:

=COUNTIF(V20:V26;">0.5")
=COUNTIF(V20:V26;"<-0.5")

Or any value, it doesnt have to be 0.5
  • #5,913
  • Aug 8, 2015 5:45pm Aug 8, 2015 5:45pm
Quoting blamshakk
hey hotpotato can you give any more details of the SDS auto system? many thanks {quote}
That has little use, i will never be public and it will never be for sale.
There is an old (relative old) topic about the birth of SDS on the WWI forum.

For now let's concentrate on the task at hand, the strength dashboard.
info@metacharttools,com
  • #5,914
  • Edited 6:26pm Aug 8, 2015 5:48pm | Edited 6:26pm
Quoting wwf
thanks,dingdong hp Gvc and everyone , i love all of you , can anyone completely explain , how we can catch the reversal and how we can catch the pullback in trend.just in this dashboard without chart , i'm stupid please explain completely rules , thanks, sorry for my Terrible English but i say again , i love all of you {image}
Hi, wwf.....
do not forget, dash built to reduce see chart, and make it easier to monitor 28 pair ...
I made a dash to the basic basket, currenccy Index, pair group,

as is done by Hopotato (Table Kopratasa), he made the table to facilitate in monitoring the 28 pairs, or more according to the desired ....
and he understood by just looking at the table, he could already see the conditions in the market.

and then, given the level of figures, sideway. weak trend, or strong trend ...
levels can also be adjusted by the individual ....

when you can already see this level, then the group is looking at the pair ...
This is the part that is easier to see ...

if you want to use the reversal scenario,
you can see the Fibo level as the level of static -> level this figure is already available before the price moves in the direction of the next.

You can also see the ratio Bid Ask who has more reactive and sensitive to changes in the data current candle ...


Quoting PipFlak
{quote} As far as I am concerned Jibala, Ding Dong and Maria are the most impressive traders I have ever seen (I have stated this over and over again)and maybe FXviper he's pretty impressive. Still can't figure out why no one is willing to risk their own money subscribing to this Nasap person unless they are really expensive.​
thank you for your good words,, Brother Pipflak ....
00 level using take profit no more than 10 pips, if you look at the win loss ratio. You can see if this scenario would be easier if you really pay attention to the systems and strategies of 00 levels ....

back to the trading style of trader ....
If you are comfortable with scalping (FIFO) you can use it and Dash Currenccy meters supported by Hopotato for support to do that.
Hotpotato has completed the most basic of systems and strategies of 00 levels. and it was free here ...
if you look at the 00 level official thread ...
Dashboard is not free with the price of $ 500, or the systems and strategies of NASAP also not free ......

here you get everything for free ...
and then, do not forget to GVC, Hotpotato, Ferrux as a coder who support here ...
give credit to them......
and thanks to silent trader who support here .....
Regard, Ding Dong
  • #5,915
  • Aug 8, 2015 5:51pm Aug 8, 2015 5:51pm
Quoting masofras
{quote} I would like to comment about second row in spreadsheet and currently in our DB In my opinion we need to remove little noise, we need to add buffer a little to avoid noise How to: This is old code: =COUNTIF(V20:V26;">0") =COUNTIF(V20:V26;"<0") New code idea: =COUNTIF(V20:V26;">0.5") =COUNTIF(V20:V26;"<-0.5") Or any value, it doesnt have to be 0.5
That will give a gap from 0.5 to -0.5 where nothing is counted.
I think more guess work if you only see the totalized numbers.

Wait......one o'clock going to get a couple of snoozes in.
info@metacharttools,com
  • #5,916
  • Aug 8, 2015 5:54pm Aug 8, 2015 5:54pm
Quoting Hotpotato
@pipdripper. {quote} No, that's not rambling that's exactly where you should be looking for. Wait until tomorrow and i have finished the colorful part at the bottom of the dash.

@ Maestro HotPotato,

I was trying to articulate my thoughts as regarding the CRS and the need to have the second row of the jojo_strength Excel sheet. I know you have already concluded on including it but just thought I say it so I might be corrected and pointed in the right direction where necessary.

Since almost all the filters being used in this EA are based directly on price and not another derivative of price such as a CCI, I believe we are in a better position of achieving a better win rate.

Trading Relative Strength and Direction - My Opinion
i. Check to see is Master/Slave direction is in agreement with your chosen trade direction

ii. Next to the second row of the Strength area of the dashboard, let's have a filter to check the total number of pairs that must be in agreement with the Master/Slave direction before taking the trade. That would be from 1-5 since we already have 2 pairs in sync - Master & Slave.

iii. If filtered number of pairs criteria is met then check other filters such as the Bid Ratio before taking trade.

Its quite simple and though fewer trades will be taken but given the overall direction of the currency pairs based on strength, the win rate has a far better chance of being higher.

This is basically trading in sync which has been so much talked about by NASAP and is probably her major trading philosophy. Her win rate basically proves it.

For instance, you intend taking a EURAUD trade given this scenario, you would normally first check if the EJ and EU are in sync with that direction (Master/Slave synchronization). Then from the second row of the jojo_spreadsheet, how many of the EUR pairs are also pointing in that direction? If fi, >5 including the EURAUD, EURJPY, and EURUSD, then take trade pending any other filter in place.

If I might plead like someone has already done, and more so if you don't want to cluster the space available in the EA, could you be generous enough to make this for us as a standalone indicator including the MariaLuiza Gap and that can be placed anywhere on the chart like the Giraia.

As already proposed to be included in the Dashboard, can we still have a standalone version we can place on our other templates for easy reference?

I am thinking this way because going through a lot of your comments about your trades and also GVC himself, you have consistently harped about "Pip + Strength + Direction" over and over again. I think adopting this methodology might be one key to increasing our win rate significantly.

So, after all the rambling, I have faith that this little NASAP indicator that was mimicked in the jojo_strength Excel spreadsheet can truly help us unlock a lot of trading potentials within this great EA.

I don't know if this JibalaPasan's post (Post #17,076) in the 00 Level Trading thread can paint any better idea on what that dashboard functions might be more like in its true sense.

Maestro, thanks again.
  • #5,917
  • Aug 8, 2015 5:56pm Aug 8, 2015 5:56pm
Quoting Hotpotato
{quote} That will give a gap from 0.5 to -0.5 where nothing is counted. I think more guess work if you only see the totalized numbers.
yep and that is point

you cant count value 0.1 as possitive or value -0.2 as negative. If you have in basket 2-3 pairs with these low values it can make misleading information.

But it is up to you... Im kinda new in programming I just gave idea on the table
  • #5,918
  • Aug 8, 2015 6:01pm Aug 8, 2015 6:01pm
Quoting pipdripper
{quote} @ Maestro HotPotato, I was trying to articulate my thoughts as regarding the CRS and the need to have the second row of the jojo_strength Excel sheet. I know you have already concluded on including it but just thought I say it so I might be corrected and pointed in the right direction where necessary. Since almost all the filters being used in this EA are based directly on price and not another derivative of price such as a CCI, I believe we are in a better position of achieving a better win rate. Trading Relative Strength and Direction...
I like your ideas keep it up
  • #5,919
  • Aug 8, 2015 6:10pm Aug 8, 2015 6:10pm
Quoting masofras
{quote} I would like to comment about second row in spreadsheet and currently in our DB In my opinion we need to remove little noise, we need to add buffer a little to avoid noise How to: This is old code: =COUNTIF(V20:V26;">0") =COUNTIF(V20:V26;"<0") New code idea: =COUNTIF(V20:V26;">0.5") =COUNTIF(V20:V26;"<-0.5") Or any value, it doesnt have to be 0.5
@masofras,

It is your kind and generous creation and you are in a far better position to explain it to us and also to HotPotato so that he might probably take the ideas proposed by LuXing in the 00 Level Trading Post #31,402 about the "5th Order Polynomial Fit Table.xlsx"

@HotPotato
Can you kindly look at this post and see if there is true merit to LuXing's post about reducing noise and if that would serve us better.

Thanks.
  • #5,920
  • Aug 8, 2015 6:20pm Aug 8, 2015 6:20pm
Quoting pipdripper
{quote} @masofras, It is your kind and generous creation and you are in a far better position to explain it to us and also to HotPotato so that he might probably take the ideas proposed by LuXing in the 00 Level Trading Post #31,402 about the "5th Order Polynomial Fit Table.xlsx" @HotPotato Can you kindly look at this post and see if there is true merit to LuXing's post about reducing...
If we are talking about 5th Order Polynomial Fit Table.xlsx I tried explain it in post http://www.forexfactory.com/showthre...70#post8399970

I cant do more
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