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TEB: Daily Strength/Weakness Trading

  • #881
  • Apr 6, 2016 8:59pm Apr 6, 2016 8:59pm
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  • #882
  • Apr 7, 2016 4:30am Apr 7, 2016 4:30am
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  • #883
  • Apr 7, 2016 4:54pm Apr 7, 2016 4:54pm
Quoting TEB63
One thing to remember!! there are a lot of "meters" out there now one day I looked at 27 ( plus 8 others that were the same as the one in the 27 just re-packaged) about 1/3 of them one could choice a time frame of the 27 I could not find two that gave me the same call - not even 2 so its more important you understand were the data comes from and like all tools you learn to use it cheers teb


Teb
Thanks for sharing your thoughts and research into strength meters.
I had suspicions the data from them may be questionable. 27...!
Very impressive results yesterday by the way.
  • #884
  • Apr 7, 2016 7:17pm Apr 7, 2016 7:17pm
good day but shorter target after japan sabre rattling
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  • #885
  • Apr 8, 2016 4:04am Apr 8, 2016 4:04am
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  • #886
  • Apr 8, 2016 7:38am Apr 8, 2016 7:38am
done for the week
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  • #887
  • Apr 10, 2016 7:26pm Apr 10, 2016 7:26pm
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  • #888
  • Apr 11, 2016 8:45am Apr 11, 2016 8:45am
based on posts 63 and 880 I have taken the work to find a way that allows rapid visualization to determine strength and weakness in the currencies. I leave to your consideration the following template for evaluation if it meets the above especially in post 63.
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File Type: tpl sw 200 ma multi currencies.tpl   2 KB | 484 downloads
File Type: mq4 Indexes_v8L.mq4   19 KB | 547 downloads
Humble & Kalcker CLO2 = Covid killer
  • #889
  • Apr 11, 2016 11:01am Apr 11, 2016 11:01am
Quoting TEB63
One thing to remember!! there are a lot of "meters" out there now one day I looked at 27 ( plus 8 others that were the same as the one in the 27 just re-packaged) about 1/3 of them one could choice a time frame of the 27 I could not find two that gave me the same call - not even 2 so its more important you understand were the data comes from and like all tools you learn to use it cheers teb
TEB, I appreciate this posts. This is one of the things that I have always questioned about str / wkns meters and that always made me a little hesitant.
  • #890
  • Edited Apr 12, 2016 6:00pm Apr 11, 2016 6:19pm | Edited Apr 12, 2016 6:00pm
Quoting jusiur
based on posts 63 and 880 I have taken the work to find a way that allows rapid visualization to determine strength and weakness in the currencies. I leave to your consideration the following template for evaluation if it meets the above especially in post 63. {image} {file} {file}
I use a more complex system then 200sma though this may well work as well
how are you working it out vs all the other currencies on what time frame

good luck
  • #891
  • Apr 11, 2016 6:29pm Apr 11, 2016 6:29pm
Quoting Rinehart
{quote} TEB, I appreciate this posts. This is one of the things that I have always questioned about str / wkns meters and that always made me a little hesitant.
cheers to you my friend
  • #892
  • Apr 12, 2016 12:23pm Apr 12, 2016 12:23pm
Quoting TEB63
{quote} I use a more complex then 200sma
Are you using an own system, or a public one, like an indi, a program, or a website?
Price and volume reveals everything. The market moves on supply and demand.
  • #893
  • Last Post: Apr 12, 2016 5:58pm Apr 12, 2016 5:58pm
Quoting Darastonius
{quote} Are you using an own system, or a public one, like an indi, a program, or a website?
by own system - its basic - other then reading the strength/weakness metre
teb
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