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Old 12-07-2005, 07:43 PM
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11 indicators.
File UEGCJ.h is going to \MetaTrader 4\experts\include\
Other 11 files - indicators (\MetaTrader 4\experts\indicators\).

Name of the first indicator is Complex: we may see the pairs and trend.
Other indicators are the signal ones.
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Last edited by newdigital; 12-07-2005 at 07:50 PM.
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Old 12-08-2005, 03:35 PM
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Yes, Complex is an indicator which could be used to get picture on the comparative Momentum of single currencies.
Now in this indicator Momentum of 5 major currencies is calculated. It is calculated as an average of the Momentum of 4 currencies pairs for each one of them, e.g. to calculate the Momentum for USD, EURUSD, GBPUSD, USDCHF and USDJPY pairs are used, their Momentum calculated and the average is presented as the Momentum for the single currency USD.
Now I wonder if somebody here could build similar indicator by just replacing the Momentum with RSI, which I believe will give more accurate picture since it is always presented on the scale from 0-100 thus converting the strength to one uniform scale for all currencies (not the case with Momentum) and is better in determine overbought/oversold levels, which is not the case with the Momentum which is the measurement of the speed or velocity of price changes and is better for trending.

Good trading all
ID

Last edited by idejan; 09-15-2006 at 06:23 PM.
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Old 06-11-2009, 05:48 PM
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Individual Currency strength/Currency flow

Greeting to all..
I think something..i dont know are this are good thinking or bad or wrong...
What i know is all money from over the world will check in to bank.So bank will calculate current in and out.Must be some tools,or system that calculate the current amount and be display by number or chart.Then data feed are supply to forex brokers and lastly to us as a small fish traders.Could have any indicator or tools will measure all this current transaction?I think about live actuall volume/strength/flow of individual currency.Example : i have a indicator and give me data feed actuall currency volume for pound is 1000.Then i look into USD and currency volume is 500.So as a comparation volume for cable is more higher than a USD.So by pair like GBPUSD will shown bullish at the moment.I see candlestick go up and down and feed data to indicator.Indicator will show colour,number,OB,OS...divergence,convergence,conti nue,reversal and etc...standard indi in meta4 like indi volume make me blur related on candle movement..i also had try IN10tion currency meter and x meter indi (got it from tsd)but i think still lag..my trading style is sclaping.I just see opening and closing price at H1 candle stick and see where is the candle go (up or down)after finish 1 hour candle period time.I just think at the moment while candle change if i can know current strength of the currency will make me at the right move and avoid mistake...will you all can suggest something,indicator or etc here?Hopefull to drop any comment here...thanks..
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