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I read the article with respect to the fractional product ineffiency and tested it in the last two weeks in my demo account and real accounts with success, trading manually.
how do you know which rings are associated with which colored lines or is this a wrong question?
Quote:
Originally Posted by Nicholishen
The prices refer to the target price set by FPI for the given ring it is positioned in. The matches refer to how many matching rings (rings that contain chart currency).
The colored lines are the new target prices based on the FPI concept. Since it is calulated from rings of three symbols only one of two things can happen. When the target price jumps away from the actual price either:
A) One of the two other pairs in the ring will adjust its price
B) The pair on the Chart will adjust its price
The more targets going in one direction the more likely it is that the pair on the chart will be the one to adjust.
Can I ask questions
1. This is an EA but is the intention that it can be used like an indicator?
2. I loaded it into expert and at the moment it shows 3 lines on E/U around 1.3137, will these lines move to show the proposed target for the price?
3. in the info it talks about entry and exit lines, but my 3 lines are grouped together as attached is this correct?
i've put int on the euro/usd. the yellow line refers to eur/jpy, eur/usd and eur/jpy. i see it jumping up and down while the bid line on the chart is stationary.
how do you interpret the movement of all of these lines?
i've put int on the euro/usd. the yellow line refers to eur/jpy, eur/usd and eur/jpy. i see it jumping up and down while the bid line on the chart is stationary.
how do you interpret the movement of all of these lines?
please read the first post on the fpi thread... the link is found on post 1
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