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Thanks to Ferrufx for a great EA. What I have noticed is that the probability of the EA hitting your two predefined levels at the same time are very slim. So I modified Ferrufx's EA to trade when the two currencies are about 7 apart.
FerruFx, I hope you don't mind the modification. Let me know you all think.
AK20 I really like your Price Meter with its graphical display of each pair. Here's my question. When the grpah is smoothed and flat in appearance does that indicate a ranging market? I'm looking for an indicator that graphically shows if the market as a whole is trending or ranging. Thanks!
Hello!
Such question: is it impossible, except for currencies, also to add the
indication of oil and gold?
The strength of each currency (eur, usd, gbp, etc...) is calculated with multiple pairs. If you want to calculate the strength of Gold and Oil, how calculate? Which other symbols can be used for this calculation?
FerruFx
__________________ FerruFx / www.ervent.net - Professional Coding Services (EAs/Indicators/Alerts)
The strength of each currency (eur, usd, gbp, etc...) is calculated with multiple pairs. If you want to calculate the strength of Gold and Oil, how calculate? Which other symbols can be used for this calculation?
FerruFx
It was desirable to see even their current course in relation to usd in a window !xMeter, if it is possible.
Would it be possible to simplify this EA to track/measure only three major currencies: USD, EUR & JPY? This will give us nice triangulation and probably more valid signals.
Thanks, Kris
Quote:
Originally Posted by jlust286
New version with grid averaging and backtestable.
Please read the comments at the top of the mq4 file to understand. Test and enjoy!