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Please, can someone post template with clear GBP/JPY chart that have NewsReader only on it ?
I don't know why , but my MT4 platform no longer see EX4 files without mq4.
When I will attach template , it will work and NewsReader will pop up on the screen with it and then I can build back my indicators setup around NewsReader .
Thank you
Sincerely,
ChampionFx
Hi ChampionFx,
Here is GBP/JPY chart template with only NewsReader indicator.
.:: I'm working on that idea ... need (have to build) some cluster indicators to feed my neural network EA ( IN10TION Conan )(more feeding ), a way to find currency fluctuations relative to each other, a mix of a 24 currency pairs will be enough I think?! (major ones)...
.:: I will include this in the NewsReader, not the NN, but the cluster indicators...
.:: Does somebody use cluster indicators for trading?
.:: I'm working on that idea ... need (have to build) some cluster indicators to feed my neural network EA ( IN10TION Conan )(more feeding ), a way to find currency fluctuations relative to each other, a mix of a 24 currency pairs will be enough I think?! (major ones)...
.:: I will include this in the NewsReader, not the NN, but the cluster indicators...
.:: Does somebody use cluster indicators for trading?
:: thanks for the indi's!! I've looked at the code... mmmm... 225$ is this guy asking? (forexgrail, same author of the forexgrail.xls (googled a little)) ok, he changed the code a bit that you will have a longer period view instead of some tick calculation... nevertheless, I don't like the formula around it... xMeter is all over the place even if the market moves a little few pips, that's not the right way to have a real market view, nice gadget ... but I don't see how to trade with that xMeter ... perhaps I judge to quick here, if so please correct me, I don't want to sound negative.
:: Will do some more reading about xMeter and her use (not making the mistake to miss something there)... but I rather like to stay with the real cluster formula's ...
I always have the xmeter in my chart .. He shows me the strength that each coin has at that moment.. It can not be used alone, must have other indicators to confirm or to filter the trade..
Today for example, USD was very strong .. He arrived at level 8, but the EUR was almost always very close, due to that the drop in EURUSD was not very sharp..
Another very important thing we know is the correlation EURUSD and USDCHF..
If you notice the CHF is very weak against the USD, this may indicate that the USDCHF may still rise and EURUSD continue to fall..
This usually happens when the market turned sideways, because if the market were to set a trend, the value of EUR was the approximate value of CHF..
This is only my interpretation of xmeter indicator..
Last edited by hellkas; 07-09-2008 at 09:35 AM.
Reason: I was not fair in my avaliation
If the EUR begin to rise is almost certain that the CHF and GBP also rises, so the level of USD fall.. I want to say that he would not be at level 6, descended to the level 3 or even less..
Firstly like to express my displeasure to those who want to make money to sell indicators that are not of their own ..
Is a shame he sell an indicator for $ 225 that was not that he invented, only slightly modified..
Not sure what you mean but the author of the forexgrail is the original author of the formula used in the !xMeter.
Or I missed something ...
FerruFx
__________________ FerruFx / www.ervent.net - Professional Coding Services (EAs/Indicators/Alerts)