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:: If all data given by MT4 is correct & available, then this indicator will give you a 100% correct logic in the different formula's (ex. time based, correlations, strength,..) used to follow pure price movement & mirrors the used indicators in a correct way to display it into signals (graphical). As good as possible every currency is balanced out against each other, depends on the availability of your brokers currency pairs (then it will be split, scaled & grouped).
For me this is the most accurate I found & used, if it was not, I'm more then happy to adjust it.. I've tested it so many times against other indicators to get it closer to perfection & added the preview of more time frames then just the history on one time frame.
Working on it to make it stronger in decision making .. tips always welcome ..
Just follow the instructions provided by the indicator. ( message box )
Install as an indicator, this is not an EA.
ps. allow DLL imports on your custom indicator/Common tab
.:: IN10TION NewsReader v09.92 new updated: 1 Jan. 2009
AUTO FOREX NEWS UPDATING
minor updates:
- fix trailing-extension-currency-pair names ( double characters like ".." in micro, mini accounts, ... )
- Cleartype font settings [0] off [1] standard [2] ClearType On
.:: auto updates: every 30 minutes! When there is news it will update every 30 seconds till it retrieves the news actual value.
.:: change News.Set either to 1 or 2 .:: change Main.Anchor.Show from false to true, it will display the anchor (red 2 cubes left top), double click-hold & drag it to the place you want to have your IN10TION NewsReader v09, view animated info here how to do!
.:: I think the rest explains much for itself, colors, modules on/off...
If you have questions, remarks, don't hesitate to ask/say...
:: here is some info collection for a quick review of this indicator.
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Question about the Currency Strength calcs. What is the number eg 7.7 based on above the currency? Why did you only base the calculations on 22 pairs and not 28? What pairs did you use?
Thank you
Last edited by matrixebiz; 02-02-2009 at 05:08 PM.
:: If all data given by MT4 is correct & available, then this indicator will give you a 100% correct logic in the different formula's (ex. time based, correlations, strength,..) used to follow pure price movement & mirrors the used indicators in a correct way to display it into signals (graphical). As good as possible every currency is balanced out against each other, depends on the availability of your brokers currency pairs (then it will be split, scaled & grouped).
For me this is the most accurate I found & used, if it was not, I'm more then happy to adjust it.. I've tested it so many times against other indicators to get it closer to perfection & added the preview of more time frames then just the history on one time frame.
Working on it to make it stronger in decision making .. tips always welcome ..
IN10TION
Hi ,
Thanks for Sharing. Please can you post the EA for this indicator so that we can test. The indicator alone will not be helpful.
1. Post the EA
2. Explain the Correct Rules to trade with the Indicator
3. Give Great examples of actual trades
Many indicators being pumped out by programmers have nothing to do with Trading at all. Many Claim that they deal with Neural Networks or some advanced complex algorithms but in the real sense they are the general useless indicators put together.
I believe that your indicator might be a good one but please WHERE IS THE EA to go with it. Metatrader 4 is meant to be for Algorithmic (Automated) Trading not MANUAL Trading . To make sure that we can test and give feedback for improvements please post the EA
.... how bout you learn to trade with no indicators?
Quote:
Originally Posted by progressapama
Hi ,
Thanks for Sharing. Please can you post the EA for this indicator so that we can test. The indicator alone will not be helpful.
1. Post the EA
2. Explain the Correct Rules to trade with the Indicator
3. Give Great examples of actual trades
Many indicators being pumped out by programmers have nothing to do with Trading at all. Many Claim that they deal with Neural Networks or some advanced complex algorithms but in the real sense they are the general useless indicators put together.
I believe that your indicator might be a good one but please WHERE IS THE EA to go with it. Metatrader 4 is meant to be for Algorithmic (Automated) Trading not MANUAL Trading . To make sure that we can test and give feedback for improvements please post the EA
:: Hi Matrixebiz, the 7.7 or the numbers under the currency strength graphs are the 24 hour ones.. beside the currency pair name (EURUSD in this case, in the info picture) there is " 4:8 " as the 24 hour currency/cluster strength.. number 8 (USD) is the rounded number of 7.7
Question about the Currency Strength calcs. What is the number eg 7.7 based on above the currency? Why did you only base the calculations on 22 pairs and not 28? What pairs did you use?
Thank you
.... how bout you learn to trade with no indicators?
Hi Wilander,
Hey thanks, but i am not sure if you are a trader or not. I make a living trading and that's what i do for a living and i have seen thousands of nonsense indicators and EAs. I am just trying to Help IN10TION so that he can improve the indicator. If an indicator or an EA is not well tested by the trading community then it just ends up being a Scam in most cases.
By the way i do trade without indicators on my charts. Once you have coded the EA properly and Thoroughly tested and tested over and over you do not need to display your indicators on your chart.
If you put out an indicator for sharing it is a honourable thing to include at least the clear rules to use the indicator. It makes your indicator easy to use and people can give you quick feedback on the outcome instead of millions of questions.
And to answer your question you are either not a trader or have got no idea what Forex Trading is all about. This Forum is for Sharing Ideas within the forex traders community and that's why i asked INI0TION a couple of questions.
Thank You
Last edited by progressapama; 02-03-2009 at 02:24 AM.
Yes, we will share things that we diligently make effecient ourselves for you freeloaders to criticize.
That makes a lot of sense. I highly doubt you trade naked, you know why? Why such a detailed post for a indicator- you're like every other freeloader on this forum.
Feed me, feed me, make me a holy grail with your own time and experience.
How bout you pay a coder to design your method if you're profitable, and go somewhere else with your cardboard and tin cup.
He said specifically he's not selling or distributing his indicator, and its probably for a good reason. What kind of "massive" experience do you have to add? Nothing probably.
Quote:
Originally Posted by progressapama
Hi Wilander,
Hey thanks, but i am not sure if you are a trader or not. I make a living trading and that's what i do for a living and i have seen thousands of nonsense indicators and EAs. I am just trying to Help IN10TION so that he can improve the indicator. If an indicator or an EA is not well tested by the trading community then it just ends up being a Scam in most cases.
By the way i do trade without indicators on my charts. Once you have coded the EA properly and Thoroughly tested and tested over and over you do not need to display your indicators on your chart.
If you put out an indicator for sharing it is a honourable thing to include at least the clear rules to use the indicator. It makes your indicator easy to use and people can give you quick feedback on the outcome instead of millions of questions.
And to answer your question you are either not a trader or have got no idea what Forex Trading is all about. This Forum is for Sharing Ideas within the forex traders community and that's why i asked INI0TION a couple of questions.
Hi Misterfx,
trust me its a good combination, with SF trendlines + slope direction you can determine the direction and of course with Newsreader guide convincing the directions.
Accurate
to make it stronger in decision making .. tips always welcome ..
NEW UPDate! 04 Nov. 09 
Best Indi
Linear Mode
