9/11/2007
I think it's best if I just display the data in in graphical format and you can use it how you see fit, since it can be interperated in different ways.
Attachment #1) 4 HR Deviations from Open Price shows the average 4HR deviation from the Daily Open price and the maximum price deviation(pretty simple).
Attachment #2) Average Daily Ranges from Daily Open Price examines the relationship between the average ranges above and below the Daily Open price.
Attachment #3) Deviations by DOW and 4Hr Periods is two charts which illustrate the average number of times price has retraced back across the Daily Open price during the various 4HR periods and days of the week and the average deviation in pips from the Daily Open price by 4 HR periods and days of the week.
Sept.15: Added Flippin Sweet.MQ4 and Daily Open.MQ4.
Flippin Sweet places four pending orders at pre-determined levels.
Daily Open is an indicator that simply displays a horizontal line at the Daily Open price. It's usefull for visual backtesting.
Sept 19: Replaced Daily Open.mq4 with Flippin Sweet Indi.mq4. New Indicator displays Fibonocci drawn from high and low of previous week as well as Daily Open price. Great for visual back testing!
I think it's best if I just display the data in in graphical format and you can use it how you see fit, since it can be interperated in different ways.
Attachment #1) 4 HR Deviations from Open Price shows the average 4HR deviation from the Daily Open price and the maximum price deviation(pretty simple).
Attachment #2) Average Daily Ranges from Daily Open Price examines the relationship between the average ranges above and below the Daily Open price.
Attachment #3) Deviations by DOW and 4Hr Periods is two charts which illustrate the average number of times price has retraced back across the Daily Open price during the various 4HR periods and days of the week and the average deviation in pips from the Daily Open price by 4 HR periods and days of the week.
Sept.15: Added Flippin Sweet.MQ4 and Daily Open.MQ4.
Flippin Sweet places four pending orders at pre-determined levels.
Daily Open is an indicator that simply displays a horizontal line at the Daily Open price. It's usefull for visual backtesting.
Sept 19: Replaced Daily Open.mq4 with Flippin Sweet Indi.mq4. New Indicator displays Fibonocci drawn from high and low of previous week as well as Daily Open price. Great for visual back testing!
Attached File(s)
4HR_Deviations from Daily Open Price.zip
2 KB
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685 downloads
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Uploaded Sep 11, 2007 9:01pm
Average Daily Ranges fromDaily Open Price.zip
3 KB
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606 downloads
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Uploaded Sep 11, 2007 9:01pm
Deviations by DOW and 4HR Periods.zip
5 KB
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570 downloads
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Uploaded Sep 11, 2007 9:02pm
Sample Strategy.doc
25 KB
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808 downloads
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Uploaded Sep 12, 2007 5:39pm
Flippin_Sweet.mq4
1 KB
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566 downloads
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Uploaded Sep 15, 2007 6:58pm
Flippin Sweet Indi.mq4
7 KB
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665 downloads
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Uploaded Sep 19, 2007 9:18pm