What do you think of the approach? Maybe we can add color change to the new delta line (slowest) or we may look for the points where delta_fastest crosses delta_slowest. Both options seemed promising to me (but of course I have to develop my mq4 coding skills quite a lot for this).
Not a bad idea at all! The two currency lines aren’t perfect mirrors so looking at the times went delta_fastest cross the delta_slowest and/or when slow_of_first_currency cross fast_of_first_currency and when the slow_of_first_currency_cross fast_of_first_currency_cross in the opposite direction can also give good signals at least to alert us to see if we should take any action Perhaps someone can make this change and see if it will produce good results. Maybe an arrow when these happen. I wish I had more time to work on all the ideas. Pretty busy these days
A small contribution from me. It shows the difference between 2 currency strengths. It requires the indicator: “Currency Multi Power.ex4″ in …/Indicators folder exactly as written. I suggest to use it on top of Gadi_OBV as shown in the example figure. Best regards…
This is excellent work! Same to you Arthur and GG53 as always
Here is an example of how I would think of trading with something like this. Take your regular size order, lets say its .20 lots.. now break it up into 20 parts so .01 lots each.
When the trend is defined (1), start placing 0.01 orders in the direction of the trend. In this example, I would place a long when I see red. I would cash out when the trend looks uncertain (2)
Then you wait, wait for a solid pattern or news to emerge that tells you of the direction, then repeat.
Something like this should work well. I wish I had the time to try but I’m finding more and more reasons to come back to this stuff
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Focus, Patience, Determination & Order in chaos