Thought it would be interesting to look into psychological barriers (round numbers) denominated in foreign currencies and see where those barriers show up on a USD chart. I did a couple of quick and superficial Internet searches to get an idea of which USD pairs are being used the most to trade Bitcoin. My conclusion is that the most relevant currencies are the...
A while ago, we wrote* about the usefulness of using a currency strength meter and how you can build one from scratch. See here: www.globalprime.com.au Now we've taken this little project to the next level by visually spotting, via color signals in a dashboard and alerts, when a potential new trend might be developing in a currency pair. *It's critical that...
The signal comes from the "RailRoad" candlestick pattern breaking a support/resistance level, which typically indicates price will respect that level. How consistent is the pattern? Hard to say considering candlestick patterns vary wildly by % change between different securities. I didn't implement any kind of "fuzzy logic" for this strategy, though it would...
This script shows average absolute values of the open minus close (or largest of open to high/low if option is selected), for each hour of the day. It can be used to find high and low volatility hours for strangles and butterflies. You must have the daily time frame selected for it to work properly. The "mul" multiplier will show "whole pips" (i.e. 10 instead of...
A user has asked for the Study/Indicator version of this Strategy . If you encounter the error "loop....>100ms" simply toggle the eye icon to hide and unhide the indicator The following is simply quoted from my previous post for your convenience: (obviously there won't be risk, Stop Loss, or Take profit parameters!) OPERATING PRINCIPLE The strategy is...
This is my latest bandpass filter - used to determine if a security is in a trend or cycle. Now with an adaptive period setting! I use Ehlers in-phase & quadrature dominant cycle measurement (IQ IFM) method to set the period dynamically. This method favors longer periods which tend to produce smoother, albeit laggier bandpass oscillator plots. From my quick tests,...
This is an RSI range for the most popular index in FOREX: EUR USD GBP JPY AUD CAD CHF NZD comment your opinion
Using volume in Forex is potentially misleading as we are only provided the broker volume or futures exchange volume for the currency or commodity in a decentralised market. This code combines the volumes from FXCM, Onanda and futures for the instrument being studied. The combination of the volumes could improve the reliability of the volume being considered....
Currency strength indicator for NZD/USD indicates how strong the NZD is against the USD
Currency strength indicator for AUD/USD indicates how strong the AUD is against the USD
Currency strength indicator for USD/CHF indicates how strong USD is against the CHF
Currency strength indicator for USD/CAD Indicates how strong the USD is against the CAD
以下のサイトのチャートを再現したものです。 currency-strength.com
Moving averages for 5m time frame. The 96 and 252 are the 8 and 21 on 1h Inspired by this simple scalping strategy