Hi Hanover, I created this thread that might interest you: url Please read the couple of posts made by me in my quest to find a good value indicator. By value, I do not mean currency strength. You will see in my early posts what I mean. Perhaps ...

Hanover replies to PMs

Haha very true about the DD in pay Cool! Keep it up! I visit this from time to time but don't say anything.

priceaction1 journal

Just dropping into see how you are doing. Looking good! Looks like while I was busy making indicators and systems, you were busy trading like a rockstar. Well done! Are you now a fulltime trader?

priceaction1 journal

Sounds good! Thank you very much for your explanation. I have been playing with different Zone recovery settings and some works some don't. It's overall not too bad if set correctly it seems.

4X-DAT

You don't see UJ coming down to 106.8 area? This is the potential target zone on my charts. 107.16 should be a sure hit soon maybe..

Counter-trend trading

Thanks for the answer Zoopots. Have you guys found any weaknesses with the zone recovery? As long as there is enough margin to open trades in lot size incremental fashion I don't see how this could fail.. So every trade should end up in a profit, ...

4X-DAT

Nice! thanks

Counter-trend trading

Hi Ullen, Could we please see a chart showing us how fake this move is? Thanks

Counter-trend trading

Hi, This looks pretty interesting. For the zone recovery to work, the program needs to hedge with the same currency pair placing orders in the opposite direction. How can US clients do this since we cannot short and long on the same currency pair? ...

4X-DAT

Hi Ullen, Is that some sort of a CCI based on value?

Counter-trend trading

Then it should be to find the theory that works Value vs Price, which would you bet on?

Counter-trend trading

Great thread! Lets discuss about various ways in which we can find value. I think that is the key here. One way is similar to that of currency strength indicators that we all already know about. But what else is there?

Counter-trend trading

Yea, thanks for sharing. But the problem with Forex is that we don't know the true order-flow. I have been looking at this for a while using what little brokers give us.. it was good but not great. What UP seems to have is something very unique ...

Another Trading Journal

Hi Kprsa, If he was referring to triangulation, then why would he use 0.50 EURUSD. I think he may have literally meant taking half.. For example, we could say this is some what true EUR/AUD's value contains maybe about half of EURUSD and half of ...

Another Trading Journal

Does everybody understand the math behind the following? He is saying the value of EUR/AUD is equal to half of EUR/USD and negative half of AUD/USD. What makes more sense to me is the following EUR/AUD = half of EUR/USD and half of AUD/USD flipped, ...

Another Trading Journal

Detailed instructions are now posted in the group thread.

Fractals, ZZ & the Pissing Dog

Hi guys, I just released my version of the code here: url I still need to write up the instructions on how to get this to work. But if you read my other thread on how to run a Node.js app, then it should be pretty straight forward. Then all you ...

Fractals, ZZ & the Pissing Dog

All hope is not yet lost I will be making public my version of this indicator in GitHub so that anyone can work on it and contribute. In the meanwhile, give this a shot: url My indicator uses Node.js to do all the number crunching so it would ...

Fractals, ZZ & the Pissing Dog

Anybody think this is possible for next week? Maybe more longs?

USD/JPY Discussion

Oh yea, good catch. Here, I fixed it up. However, if you want to draw a D1 box end of every single day, then what you need to set the setting to is: forTimeFrame: D1 drawEvery_X_bars: 0 By specifying every_X_bars, you are telling it to draw a box ...

Funny Looking Rectangles & Useless Drivel