Thread: Currency Strength Indior Trading

Hi FF!

There are many currency power indiors floating around in internet and most of them seems to be altered variants of CCFp indior, I was using one of the variations for a while with signs of currency strengths , but occasionally it seemed to give incorrect information about strength of the currencies and so I decided to get some comprehension of code and do the required changes by my perspectives.

This thread is for all trading related actions for this indior. You can post you observations and developed egies with this indior within this thread.

Regards and good luck!

Recommended inputs: default ,but feel free to experiment

Disclaimer: Before trying any of hints or egy talked about in this thread, try it on historical information or demo account first, to gain confidence and gain knowledge about what's the likelihood of it happening .
https://www.nigeriaforextrading.com/...ce-action.html

Originally Posted by ;

Hi Erik Merely a question your zero level what is it based on? Moving average?If so then the way you decide what is appropriate MA for Zero needs to be. Inform you

CCFp indior is based on quick Moving Average and slow Moving average, you can edit them if needed in inputs (fast=, slow=-RRB-. Calculations for each currency includes pairs with largest influence. Strength is equal to sum of pair (fast MA/slow MA -1) or (slow MA/fast MA - 1) depends upon which currency is necessary. -1 is due to division, it's always about 1 ,but if we subtract 1 then 0 is the stage we orientate around. Personally I don't give 0 any meaning or use it as neutral point. Everything I look for is leadership and the angle of currency power, also I am looking just how far apart from 0 it's likely ,giving me some insight of volatility and change within it. You can use it in order to observe trends and length of these in time.

the way to discover trend ?

Here is the way I use this indior to get this done.

To discover trend just do the same as you'd do in regular chart - draw a line. Doing so lets you know where the money is flowing.
To illue this I will use USD and AUD:

The red lines are trend lines by the most recent trend line that wasn't drawn, it is possible to tell that AUDUSD ought to be moving north ,now lets check it

As you can see in chart , it's merely as thought before. Only thing we can not tell is that the motion in pips(space), but these are not bad news at all. You are able to compare the activities in indior and pair and determine the direction in which market flows more easily.

Originally Posted by ;

Hi Erik Merely a question that your zero degree what's it based on? Moving average?If so the way you decide what's right MA for Zero needs to be. Inform you

By calculations, 0 purpose should be if quick MA and slow MA is equal in currencies most major pairs.

Originally Posted by ;

Hi FF! There are lots of currency power indiors floating around in net and most of them appears to be modified versions of CCFp indior, I was using one of the versions for a while with signs of currency strengths , but occasionally it seemed to offer incorrect information about strength of the currencies and so I chose to get some understanding of code and perform the necessary changes by my perspectives. This thread is for all trading associated actions with this indior. You can post you observations and developed egies with this indior within this...

hI FX ANALYSIS ,I download thanks .my modest petition please add options such as current pair only (show only 2 lines of current pair) so other pairs lineup not show however calculations /logic like you put.looking forward .thanks Beforehand

It's possible to just change line colors to black or whatever desktop is if want to eliminate pairs but I will appreciate the choice to remove as well.

Really nice work, FX. I can see a lot of potential because of this. At first glance I notice that just playing the EUR/GBP cross gives one successful trade each month without the winners at the brief timeframe that the indior is set for.

Is their any way to program an choice to move the indior in blocks of time for broader back testing? To put it differently, right now it covers 10-17-16 (150 candles) to current but it would be nice to move that same 150 candle block back another 150 candles. This way we can back test without covering substantial distances of time and using up a lot of processing power.

Again, really nice work. Thank you for sharing with the community.

Rex

Originally Posted by ;

You can just change line colors to black or anything background is if want to eliminate pairs but I will appreciate the choice to remove as well. Really wonderful work, FX. I can see a lot of potential for this. At first glance I notice that only playing with the EUR/GBP cross provides one successful commerce per month with no losers in the brief time period the indior is set for. Is their any way to program an choice to move the indior in blocks of time to get more extensive back testing? In other words, now it covers 10-17-16 (150 candles) to current...

yea I did it along with extended chit chat with good fxanlysis and he then decided to mod(I am so greatfull to fxanalysis)I hope hope he will think about on/off current pair only..thanks the two of you

https://www.nigeriaforextrading.com/...ervations.html

Originally Posted by ;

quote yea I did it and long chit chat with great fxanlysis and then he decided to unleash(I am so greatfull to )I hope hope he'll consider on/off current pair only..thanks both of you https://www.nigeriaforextrading.com/...ervations.html

just a little comment, I'd modifiion sitting prepared with finishing touch needed, but I ran into you thread and got some motivation to get back into it. Thanks for this!

Originally Posted by ;

You can just change line colors to black or anything background is if need to eliminate pairs but I can appreciate the option to remove as well. Really nice work, FX. I can see a lot of potential because of this. At first glance I notice that just playing the EUR/GBP cross gives one powerful trade each month with no winners at the short time frame the indior is set for. Is their any way to program an option to transfer the indior blocks of time to get more extensive back testing? To put it differently, right now it insures 10-17-16 (150 candles) to current...

Sorry ,viewing particular blocks is not possible but you can specify complete candles which are calculated by altering all_bars in inputs.
Here is the very best way to see all calculations in background without using much CPU, because calculations are done only once, use offline charts and place All_Bars to maximal candles in chart:

Originally Posted by ;

quote hI FX ANALYSIS ,I download thanks .my humble petition please include choices like current pair just (show just 2 lines of current pair) so other pairs lineup not show but calculations /logic like you put.looking forward .thanks in advance

This is a very simple update where you can turn each pair on or off in inputs ,but it won't alter anything much in CPU usage, because the majority of the usage comes from functions such as iMA() but are necessary for different pairs calculations, so these functions can not be turned off.

Afterwards I will attempt to make indior calculate only the new candles therefore that it might be much more efficient in energy intake , this may use more power at the indior launching time but less after in live charts.

https://www.nigeriaforextrading.com/...ear-diary.html