I like good magic. I've a question though. What is the difference between Magic and Miracle? Best answer gets a gold star and maybe a cookie! lol

Magic 100

someone once told me that TA is when you expect "A" to happen but then "B" happens, it gives you opportunity. At least in theory..... so: you can try to trade the failed fibs, but fibs are a rabbit hole man.... the best advice somebody gave me 10+ ...

(binned per thread starter’s request) Fibo zones - the relation b

fibs tend to fail for you a lot.... that's TA for ya

(binned per thread starter’s request) Fibo zones - the relation b

A Picture is worth a thousand words. Tx for taking the time to post that PA. That makes sense to me now.

Trading correlation pairs by using the other pairs

>>>>Thanks for the reply,. My question was about whether the indicators floating around forex factory account for difference in pip values etc. so as to make sure the indicators are actually making an apples to apples comparison. url Forex Pair ...

Trading correlation pairs by using the other pairs

So what indicators/tools measure apples to apples?

Trading correlation pairs by using the other pairs

Hi MQL can you release the beta suite so we can test along with you. TYIA Cheers

Trading correlation pairs by using the other pairs

exactly... sometimes been called a "double gap" in these threads on forex factory..that alone is enough to make a great EA one would think. double gaps offer double the pips b/c the instruments/currencies are moving in opposite directions ...

Trading correlation pairs by using the other pairs

excellent. Look forward to

Trading correlation pairs by using the other pairs

Would it perhaps make some sense then to have any indicators made relative to the USD. If the USD is indeed a "benchmark currency", then tt seems like a no brainier to use the USD as the "norm" or baseline that everything else moves to measure ...

Trading correlation pairs by using the other pairs

I understand TY. They call the USD the "benchmark" currency, so that makes sense. What I did not understand was why dollar yen in particular. TX again

Trading correlation pairs by using the other pairs

Great! I've been wondering about that for a long time. TY

Trading correlation pairs by using the other pairs

Why does u/j belong to each group? What does u/j is good mean? never understood the rationale of that....I'd be grateful for an explanation. TYIA

Trading correlation pairs by using the other pairs

Cool. Can you post the indicator.

Trading correlation pairs by using the other pairs

If you prefer only 1 trade, you can just eliminate the common currency(G in that example) to trade the cross pair (e/chf in that example) if your broker offers it.

Trading correlation pairs by using the other pairs

What are you running? Are you testing signals? does PSA give alerts or signals or is that something different?

Trading correlation pairs by using the other pairs

What is the magenta line?

Trading correlation pairs by using the other pairs

FWIW In case you may want to check out some of the older discussions of similar methods.... Like I said. I've not been able to solve the riddle, myself. url url I've heard it mentioned a few times that you can try to trade triangles. (triangular ...

Trading correlation pairs by using the other pairs

That has always been my issue with strength indicators. As far as i can tell, they do not seem to "normalize" or correct for the difference in pip value between currencies as you put it. I wonder how a programmer could account for that? I don't ...

Trading correlation pairs by using the other pairs

That was my experience with correlation as well ( with testing, actual correlation indicators became useless in my mind). Any suggestions you can offer on finding the best currency to buy and the best to sell other than just strongest Vs. weakest? ...

Trading correlation pairs by using the other pairs