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I have been reading up on the attachments below. The first one(swapfinder) is a script used to look for positive interest triangles for a broker.
It is very clever, and shows the correct amount of lots to buy and the expected annual return.
I came across it several months ago just before the world unravelled and unfortunately the interest rates went a bit pair shaped. It was very good with ibfx but they are no longer competitive with their rollover.
I have a demo with fxdd and it showed a ROE of 93% for eur usd aus.
I will try to attach a screenshot, haven't done this before.
the swapfinder will have to go in the scripts folder and bclib goes into the include folder.
I have been reading up on the attachments below. The first one(swapfinder) is a script used to look for positive interest triangles for a broker.
It is very clever, and shows the correct amount of lots to buy and the expected annual return.
I came across it several months ago just before the world unravelled and unfortunately the interest rates went a bit pair shaped. It was very good with ibfx but they are no longer competitive with their rollover.
I have a demo with fxdd and it showed a ROE of 93% for eur usd aus.
I will try to attach a screenshot, haven't done this before.
the swapfinder will have to go in the scripts folder and bclib goes into the include folder.
I have been reading up on the attachments below. The first one(swapfinder) is a script used to look for positive interest triangles for a broker.
It is very clever, and shows the correct amount of lots to buy and the expected annual return.
I came across it several months ago just before the world unravelled and unfortunately the interest rates went a bit pair shaped. It was very good with ibfx but they are no longer competitive with their rollover.
I have a demo with fxdd and it showed a ROE of 93% for eur usd aus.
I will try to attach a screenshot, haven't done this before.
the swapfinder will have to go in the scripts folder and bclib goes into the include folder.
how do you get it to trade?
ive realised that to get it to calculate you have to set
just testing to True
Hi there, i found this about how to detect trend using average 60minute compare with 5minute.If anyone have a time,can you create this indicator?
Quote:
This is generally used as a filter for whatever trading system you use. So if the filter is long, you take long trades only during the rest of the day. John Clayburg's website which shows more info: Four Steps Trading Course
The calculation is simple; I have it rigged up in a spreadsheet.
The formula is (60minHi - Avg5min) / (60minHi - 60minLo) If this is < 0.5, the 5:60 trend is short; if it is > 0.5, the 5:60 trend is long.
What it tells you is that there is a 75% chance that during the first hour of the day, either the high or the low for that day will already have been reached. If more price action was on the "long" side of the5-min average, then it is likely you will see new highs, so the filter is to trade longs only.
Another way to verify this is to draw a line in your chart at the average of the first 5-minute period (or at the Open price, if you are lazy). Count the number of 5-min candles that close above this line, during the first 60 minutes, and the number that close below this line, as shown here:
Clayburg also talks about the importance of observing the direction of the last candle in the 60-min period; if it is down, then consider that in relation to what the overall filter is telling you. But he does not elaborate on what interval the candle should be; I assume it is a 5-min candle but frankly I don't use that advice anyhow.
There are many derivations of this filter. Usually, the average of the first 5 minutes is very similar to the Open price, particularly for the futures. So you can just use the Open price as your initial guide line.
Linear Mode
