:: Can you make that in bars? then those lines, it let me feel dizzy after a while looking at them , would be easier to distinguish the currencies from each other...

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Originally Posted by riffster Hello Folks, I developed a "Market Barometer" indicator to help me with my manual trading systems. It measures 56 currency pairs in real-time to determine the "relative strength" of each individual currency. I thought it might help some of you with your trading. The indicator is a monster. It takes over 30 minutes to load, lol... So I'm hosting it on a dedicated windows server. Trading has been good to me over the years, so I wanted to share this. I hope it helps... Click here to view the Market Barometer The basic idea is: 70 or higher = over-bought 30 or lower = over-sold The possiblities are endless, have fun...

:: Do you use a normal correlation formula? I think there are some of those here on the site, 30 minutes to load is much, sure? sounds very strange to me...

:: I have some ideas, I know MT4 is not the excellent thing but still... mmmmmmm... you use only a simple correlation formula? And how will it affect your trading? How you proceed if there is a signal of some sort?

:: so... simple correlation? Do you use also a smoothing MA in combination? (some correlation indicators have that)

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Originally Posted by riffster yeah... sigh...... I've spent endless hours and $$ trying to "clean up" the indicator so it's easier to use, but no luck. It's very effective, it just requires a lot of resourses on the back-end. Basically, it's running 56 charts in the background with 7 indicators per chart. I've tried to improve the MT4 caching function (pre-saved history files, etc...) to speed up the indicator load time, but nothing seems to help. I have 5 Market Barometer running on 1 dedicated windows server (that's it) and it still crashes from time to time, lol... We did try candles, bars, dots, lol... they where all worse than the lines. I am working on having each line in it's own sub-window. That might help, but a lot of folks have created trading systems based solely on the "line cross-overs". We do have a dashboard with numerical numbers, but it's important to see how the values track over time. If you have any ideas I would be happy to try them...

:: it looks very nice & useful! I tried to open it in a smaller separate browser window that I could move around, I did open it with no problems , but by making it smaller didn't shrink the image size, perhaps a little thing to workaround on your HTML/... code. Nevertheless this worked for me to shrink it...

little pic

Thanks!

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Originally Posted by riffster We had several requests for a shorter term "free" Market Barometer, so we added our Scalping Market Barometer to our FREE web charts. Just like our "Big Picture" Market Barometer: above 70 = over-bought below 30 = over-sold You can view the free web charts and our Scalping Market Barometer here: Signals Lounge You do NOT have to register in our Forum to use these web charts. As always, please trade carefully and demo trade first, thanks...