New versions of indicators — Here are new versions of indicators. Some of you expressed concern that the indicators do not match the original method. I removed the multiplier so now the indicator shows the difference to save you the effort of ...

Trading system using relative strength

All of the versions I modified allow the use of the original method if using the default values. I just added the possibility of comparing different MA methods and prices to see if there might be an earlier signal. The close version is the only one ...

Trading system using relative strength

The original indicator uses LWMA as part of the logic to determine relative strength. code snippets. if(EUR) { double EURUSD_Fast = ma(sEURUSD, Fast, MA_Method, Price, i); double EURUSD_Slow = ma(sEURUSD, Slow, MA_Method, Price, i); if(!EURUSD_Fast ...

Trading system using relative strength

I am not yet familiar with what inputs work for the EA. I just modified the code to allow for trading either of the broker lists. I did not modify the general logic so the trades should be placed using the same logic, just with different sets of ...

Indicators development for T101's not very simple method

New version of Combined — New version with addition of input for BuySetColor and SellSetColor just after symbol and price inputs for FXDD sets. Green is difficult to see on my setup so this allows Lime or ??? to be used. Also did a little code ...

Indicators development for T101's not very simple method

Bug fixed. Danger of too many copy paste. Forgot to change identity number from 1 to 2, 3, 4, etc in variables collected for FXDD. No bug for IBFX variables. Robert

Indicators development for T101's not very simple method

Fixed the bug. One of the dangers of copy paste. I forgot to change the buffer for the lable and reepeated 0, 1, 2 for the second set of buffers used for sell all. Robert

Indicators development for T101's not very simple method

I looked at the code again and it does match what ES's rules are. He is checking the last 2 closed bars for a difference in a currency and so does the indicator. The numbers are multiplied by a factor for display and the extra digits are there ...

Trading system using relative strength

Here are two indicators I found that show relative strength in a different way. Version 2 has more pairs checked. They can both be placed on the same chart. Version 3 can be placed in any corner while version 2 is in lower right corner. If using ...

Trading system using relative strength

I just finished modifying the indicator to use Close of last 2 bars to determine strength. I am not sure if this will work as well as the original. I did find that the check for strength is all related to the USD. There is no check for cross pairs ...

Trading system using relative strength

I did not select them. They were alredy in the indicator I started with. I only modified to do a vertical plot to show the numbers and added LSMA as a less lagging MA. The rest is just code cleanup.

Trading system using relative strength

It is a little more complex than the above post but I hope you get the idea. Each pair will add a new value to the total and the resulting total should reflect the overall strength of a currency based on its releationship to other currencies. I am ...

Trading system using relative strength

How indicator works — The indicator has nothing to do with the bars for a currency pair. Each pair is checked using 2 MAs. Then the following formula is done for each currency. if(USD) arrNZD[i] += NZDUSD_Fast / NZDUSD_Slow - 1; The result is ...

Trading system using relative strength

CurrentBar would be Bar 0. Robert

Trading system using relative strength

The values are taken from the line buffers for Bar 1 and Bar 2. Those are not pairs, they are currencies. The idea is to take the strongest and pair with the weakest of opposite direction. If USD is strong and EUR is weak then trade EURUSD sell. If ...

Trading system using relative strength

new BuySell indicator — I modified the BusSellBasketTotal to display 6 lines. Three for buy all and 3 for sell all. No need to enter whether to buy or sell. This has the look of making an easy EA. Green, lime and yellow is for buy all. ...

Indicators development for T101's not very simple method

The number shown after the + or - is the difference between the line[1] and line[2] values for each currency. The greater the distance the larger the change. The actual difference value is multiplied by 10000 for easier reading. Robert

Trading system using relative strength

Indicator not refreshing — I found that the indicator was not updating the lines and the values became 0 so I made a minor change. Now it will display correctly but will do calcs for the value of All_Bars which defaults to 200. When I find a ...

Trading system using relative strength

Vertical indicator — I had a pm request for this. It shows the currencies vertically instead of horizontally and includes the relative strength value based on the difference of the past 2 closed candles. At the bottom of the inputs I also ...

Trading system using relative strength

Added the code to place the "m" automatically. It would be great if all programmers would start with a version that has my add "m" code so I do not have to keep doing these mods. My method also will add an "x" if that is what your broker has. Robert

Indicators development for T101's not very simple method