As simple as possible: 00 level trading

Quoting LuXing

Disliked

{quote} Great trades Bubincka ! I have been on holidays and not taken any trades, followed the market with one eye "at a distance" though. Curriencies are very unpredictable and highly volatile right now, and that's an understatement... Cautious is the message until this Brexit thing is over. Green pips and keep up the good trading ! LuXing

Ignored

Quoting factlover

Disliked

{quote} Thanks for the prompt response! One more question. I don't see this indicator redraws the lines when I switch TF for the chart. For ex. on M15 chart I set this indi with yPeriod = 60, xPeriod = 1440 and I see 2 lines were drawn after some delay. Then I switch this chart to M30 and now I see less candles for the given period (for ex. H4) but I down't see any redrawing for this indi. So your lines are not in sync with the candles on the chart and hence with the time axis - is it expected? When I change the scale of the chart with + - buttons...

Ignored

Quoting eak154

Disliked

Thank you LuXing and Bubincka for a clear explanation. London can't resist strength&momentum even though they already reached rm up and down. USDCHF+9.5 CHFJPY +9.5 Tokyo CADJPY +9.5 GBPJPY+5 Green pips to all {image} {image} {image} {image}

Ignored

Quoting bubincka

Disliked

{quote} Hi factlover, yes, it is the expected behaviour. I want that no matter which is the current tf the strength lines are always calculated for D1 & H1 periods. If you want to diminish the delay you can zoom in to the max and half the numBarsDraw, past history here is not important only the last few bar are important, I was looking for a graphical representation of strength having a line shape. Best regards, Bubincka

Ignored

Quoting factlover

Disliked

{quote} sorry for hair-splitting but it's important. Did you mean "the strength lines are always calculated for xPeriod & yPeriod periods". In my understanding the correct way to use your indicator with such hard coded time scale is to set yPeriod to the current chart TF? Please clarify. Thanks.

Ignored

Quoting bubincka

Disliked

{quote} No. I mean whichever is the chart TF you choose, xPeriod = 1440 and yPeriod = 60 remain fixed because this is the way I want it to behave. In other words you can choose two different TFs (xPeriod & yPeriod), but then they remain fixed and don't adapt when you change the timeframe on you chart- Best regards, Bubincka

Ignored

Quoting bubincka

Disliked

{quote} >> 5. Can you please add smoothing option to the output lines? i.e. it would be nice to have SmoothLength parameter to specify moving average length for the lines. When SmoothLength = 1 the output will be without smoothing like it is now, with SmoothLength = 5 you will draw MA 5 of the strength lines, etc.
5. I don't have any spare time to do this now, maybe this could be matter of some future development. Hope it helps, Bubincka

Ignored

Quoting factlover

Disliked

{quote} I played with MT4 feature to apply MA to prev.indicator and smoothing of your strength lines looks useful. Please see my setup below. I used yPeriod=15, xperiod=240, multiplier=16. I see MA-6 of EUR strength (thick magenta line) may serve very reasonable as a trend indicator in relation to the median level. It seems there is some minor bug in your output on the white background for the legend labels: EUR -- JPY -- it looks like some overlapped text there. Please compare with the clean labels on black background. {image} {image} {image} {image}...

Ignored

Quoting Cashfarm

Disliked

@bubincka, many thanks. keep up the good work and your support, I pray Providence keep smiling on you and everyone being charity here : )

Ignored

Quoting bubincka

Disliked

Back to trading after Brexit hurricane. First thing to consider is of course increased volatility for all pairs, so after taking a position it could be better to adjust SL accordingly. I could get a couple of TP in FFO session but (in hindsight) it would have been much better off at LO, as usual- So as said here and in other threads by many pro-traders like Udine, Masterrmind, LuXing, Robinho the secret is patience. #1 EURUSD to TP #2 EURJPY to TP + 2.6 pips manual close. Bubincka {image} {image} {image}

Ignored

Quoting Cashfarm

Disliked

@Bubincka, I loaded the TPSLManager_V1.ex4 in my script folder and turned on Autotrading but is not working when I put in a trade. I coded one on the same folder and that worked. What could be the issue if I may ask? Hope is not in the wrong folder?One more thing, since there's not need reinventing the wheel--may I know if StopLoss of 170PIPS (borrowed from LuXing) is still ideal after the Brexit?

Ignored

Quoting LuXing

Disliked

{quote} Great trades Bubincka, congratulations ! I have not taken any trades yet. EUR and GBP pairs are way too volatile to my liking. Due to a lack of liquidity, I am seeing ABRs increase (huge candles) and very high spreads... Hopefully the dust settles during the next couple of hours. Green pips. LuXing {image}

Ignored