I am not sure what is pushing the £ up, but it needs to continue as a strong £ will put a lid on inflation and ease shoppers worries as most things are paid for in $'s. The higher the £ goes the lower inflation goes and it's about time economist realised it as it seems to me over the past several decades bar 1 that all P.M. have ignored the fact and are more interested in pushing the £ down to gain more exports, but that is very stupid idea as it defeats the object of the exercise, as it increases the price of imports so making companies raise prices to keep up. Good house keeping is keep your cost down and hold the value of your currency at a high level. Then you have a win win situation. Only Mrs Thatcher got in right as she tackled and sorted out the bloody mess left behind by Labour at the end of the 70's.

From Titanic

“Rose: I love you, Jack.
Jack: No…don’t say your goodbyes, Rose. Don’t you give up. Don’t do it.
Rose: I’m so cold.
Jack: You’re going to get out of this…you’re going to go on and you’re going to make babies and watch them grow and you’re going to die an old lady, warm in your bed. Not here…Not this night. Do you understand me?
Rose: I can’t feel my body.
Jack: Rose, listen to me. Winning that ticket was the best thing that ever happened to me. It brought me to you. And I’m thankful, Rose. I’m thankful. You must do me this honor…promise me you will survive….that you will never give up…not matter what happens…no matter how hopeless…promise me now, and never let go of that promise. Rose: I promise.
Jack: Never let go.
Rose: I promise. I will never let go, Jack. I’ll never let go.”

Well, i don't really think anyone still care about this post, however i think that the USD should not be compared to any other currency. I mean yeah, there must be a couple of currencies which are more valuable, however the USD is the most stable currency, by far. The USD is used worldwide, while the EUR is only used in the European union, so i guess there is never any kind of debate about them. I would always put my money on the USD. Even after i took the fbs registration on https://fbs.eu/en/trading/demostandard, before that i had a demo trading account, i put the money on the NYSEARCA: USD.

Hi!

What do you guys think of Eur/Usd for today?

Thanks that's nice! :)

Excellent

Nice Good Information you given

Thanks Really Nice, Good One

GM Wheeler34...you might try this link to the Ihub board on the Dinar..


http://investorshub.advfn.com/boards/board.aspx?board_id=7851

I am looking for someone who can give me some info on the Iraqi Dinar. Trying to find where i can track it. bought a large amount of it while over there and heard it might be going up with the new leadership.

What do you guys think of Eur/Usd for today?

Indeed...good evening boys!

Very nice trade villas!

With respect to my last post I would like to make it clear, I did not make this trade, I am simply trying to learn how to do it and also how not to exit to early.

For Sherri and anyone interested.
First off I post this here because I don't think I am ready to offer advice on the "GREEN" room.
This is a 15 minute chart of EUR/JEN using simple technical indicators. The parameters used for the SSD and CCI where developed using lots of backtesting.
To begin with, I don't initially want to enter a trade unless the moving lines on the SSD and CCI are below the green (buy) lines and are crossing back above.
This chart here is a back test to show me and other short term traders, that once a trend is formed it is safe to stay in a trade.
On the price chart you see the green vertical and horizontal line, my entry point.
On my micro account I figured 5 micro lots ($0.50 per pip) with a 50 pip trailing stop would be reasonable and a failure would only cost $25. The orange horizontal is the trailing stop. Each horizontal and short vertical line indicates where the trailing stop would activate.
As you can see, the original $25 risk is now worth 250 pips or $125 if the stop gets hit.
THe moving lines on the SSD and CCI are staying safely above the but indicator so there is no reason to exit.

I will try to find it on another forum. the one I looked at Matrix were just in ex form

The reason you couldn't see it, git, is the colors are so dark. Zoom in on the chart and you can nearly make it out. I will try and determine the buffers, and I will also dig for an MQ4 today.

Check out the Gann Hi-Lo when you have time....

FYI - the COG/IFT ran overnight on a 5 minute EUR/JPY chart and netted 29 pips

I just looked, their all in ex form

ok never knew that. will see if I can find it somewhere.

In order to make an EA from it, we'll have to have it in mq4 form so we can pull the indexbuffers from it. Might could guess and get it right but it would be just a lucky guess. With the mq4 you can actually see inside the indie, the ex4 is the compiled version. Gotta work today, but I'll look around and see if I can find it in mq4 this weekend.

try using one of these files. their put in zip files but it might be better
http://www.forexfactory.com/misc.php?do=showattachments&t=163802

no I could only find it in ex form. today I will see if I can find it in mq form. if an ea were made for it would solve everything. yesterday I traded from it's top line for 35 pips on a live account. 1 hour chart rocks

ST I can't get it to show on my MT4, do you by chance have one with an .mq4 extension instead of an .ex4 extension?

actualy doing a lot of research on this yesterday the way to go is from the Matrix SDC. have it go short from top line and go long from bottom line with a T/P of 50-75 pips so far is the best I have seen. It fits perfect on a 1 hour chart. look at it yourself, it's great

ROFLMAO - I was thinking about stuff like that the other day. I think I am going to have to retake the GMAT to go back to grad school, and I am wondering everything I have forgotten.

Can ya believe I just had to Google "how to mulitply mixed fractions" to help my 6th grader? Been so long since I had to do it I just feel stupid sometimes.

You were right, though, the curvature is definately a factor, because if it continues to curve up and you are short, you will end up closing for a loss....(or vice-versa). Maybe we take into account the delta between bars to see how steep it is becoming, etc.

I am running the current version on a 1 min demo just to see how it executes....if I like what I see, I will let her run overnight on the demo on the 5 min....

I am not being that precise with it....I am looking for the first cross of the upper band + IFT >= 0.75 for a short (or to close a long) and vice-versa.

Right now, I just want positive pips with minimal losses....and little or no drawdown.

I'd settle for a hammock by a pool in my backyard

....after a victory trip for us all to some island!

BTW, one of the tangents I got off on when I was playing around with the COG bands was looking at the curvature of the band more than trying to figure out if the price would stop at at band and reverse. That might be a profitable avenue to explore especially if you are on a 5 minute chart and pull the COG values from a 15 minute timeframe. Just gotta remember that once the 15 minute bar changes, the bands are gonna change too.

Pattern + Repeating = Longnecks in a hammock on a beach somewhere.

I see what you are saying...I have basically been trying to use the indicators on the prior bar, and then applying the logic of the indicator on the current bar/price. Based on this chart I am looking at, I do see some potential with a combination of the COG and the IFT. The pattern is the same and logically repeats....

It changes and may not be a true picture of the relationship of the current bar to the rest of the bars. I'm still learning on how to determine which ones do and which ones don't but it struck me as not very funny when I watched the price float outside the top brown band then switched screens and came back and it was back in the band.

I think many, many indicators out there ARE repainters but usually it's not very noticeable because of their gradual trending. I started on an EA for that COG Bands but abandoned it after I saw it do that.

When you say it is a repainter, what do you mean by that?

(I understand that the indicator may repaint as the values change, but the EA should be capable of just using the values rather than the graphics....that clearer what I meant?)

ST, I'm pretty sure that the COG bands is gonna be a repainter. I tried trading by it a few weeks ago and the price just blew on by the top band which, historically was not to be seen on the bars I had loaded in my chart at the time. When I switched timeframes and came back to it, the price stopped at the band.

Have you had success trading by it?

This is the code for the one I'm using which looks very, very similar but there may be some differences which I'm not seeing.

//+------------------------------------------------------------------+
//| Center of Gravity.mq4 |
//| Original Code from NG3110@latchess.com |
//| Linuxser 2007 for TSD http://www.forex-tsd.com/ |
//+------------------------------------------------------------------+
#property copyright "ANG3110@latchess.com"
//---------ang_PR (Din)--------------------
#property indicator_chart_window
#property indicator_buffers 5
#property indicator_color1 RoyalBlue
#property indicator_color2 LimeGreen
#property indicator_color3 LimeGreen
#property indicator_color4 Goldenrod
#property indicator_color5 Goldenrod
//-----------------------------------
extern int bars_back = 240;
extern int m = 4;
extern int i = 0;
extern double kstd = 1.0;
extern int sName = 500;
//-----------------------
double fx[], sqh[], sql[], stdh[], stdl[];
double ai[10,10], b[10], x[10], sx[20];
double sum;
int ip, p, n, f;
double qq, mm, tt;
int ii, jj, kk, ll, nn;
double sq, std;
//*******************************************
int init()
{
IndicatorShortName("Center of Gravity");
SetIndexStyle(0, DRAW_LINE);
SetIndexBuffer(0, fx);
SetIndexBuffer(1, sqh);
SetIndexBuffer(2, sql);
SetIndexBuffer(3, stdh);
SetIndexBuffer(4, stdl);
p = MathRound(bars_back);
nn = m + 1;
ObjectCreate("pr" + sName, 22, 0, Time[p], fx[p]);
ObjectSet("pr" + sName, 14, 159);
return(0);
}
//----------------------------------------------------------
int deinit()
{
ObjectDelete("pr" + sName);
}
//**********************************************************************************************
int start()
{
int mi;
//-------------------------------------------------------------------------------------------
ip = iBarShift(Symbol(), Period(), ObjectGet("pr" + sName, OBJPROP_TIME1));
p = bars_back;
sx[1] = p + 1;
SetIndexDrawBegin(0, Bars - p - 1);
SetIndexDrawBegin(1, Bars - p - 1);
SetIndexDrawBegin(2, Bars - p - 1);
SetIndexDrawBegin(3, Bars - p - 1);
SetIndexDrawBegin(4, Bars - p - 1);
//----------------------sx-------------------------------------------------------------------
for(mi = 1; mi <= nn * 2 - 2; mi++)
{
sum = 0;
for(n = i; n <= i + p; n++)
{
sum += MathPow(n, mi);
}
sx[mi + 1] = sum;
}
//----------------------syx-----------
for(mi = 1; mi <= nn; mi++)
{
sum = 0.00000;
for(n = i; n <= i + p; n++)
{
if(mi == 1)
sum += Close[n];
else
sum += Close[n] * MathPow(n, mi - 1);
}
b[mi] = sum;
}
//===============Matrix=======================================================================================================
for(jj = 1; jj <= nn; jj++)
{
for(ii = 1; ii <= nn; ii++)
{
kk = ii + jj - 1;
ai[ii, jj] = sx[kk];
}
}
//===============Gauss========================================================================================================
for(kk = 1; kk <= nn - 1; kk++)
{
ll = 0; mm = 0;
for(ii = kk; ii <= nn; ii++)
{
if(MathAbs(ai[ii, kk]) > mm)
{
mm = MathAbs(ai[ii, kk]);
ll = ii;
}
}
if(ll == 0)
return(0);

if(ll != kk)
{
for(jj = 1; jj <= nn; jj++)
{
tt = ai[kk, jj];
ai[kk, jj] = ai[ll, jj];
ai[ll, jj] = tt;
}
tt = b[kk]; b[kk] = b[ll]; b[ll] = tt;
}
for(ii = kk + 1; ii <= nn; ii++)
{
qq = ai[ii, kk] / ai[kk, kk];
for(jj = 1; jj <= nn; jj++)
{
if(jj == kk)
ai[ii, jj] = 0;
else
ai[ii, jj] = ai[ii, jj] - qq * ai[kk, jj];
}
b[ii] = b[ii] - qq * b[kk];
}
}
x[nn] = b[nn] / ai[nn, nn];
for(ii = nn - 1; ii >= 1; ii--)
{
tt = 0;
for(jj = 1; jj <= nn - ii; jj++)
{
tt = tt + ai[ii, ii + jj] * x[ii + jj];
x[ii] = (1 / ai[ii, ii]) * (b[ii] - tt);
}
}
//===========================================================================================================================
for(n = i; n <= i + p; n++)
{
sum = 0;
for(kk = 1; kk <= m; kk++)
{
sum += x[kk + 1] * MathPow(n, kk);
}
fx[n] = x[1] + sum;
}
//-----------------------------------Std-----------------------------------------------------------------------------------
sq = 0.0;
for(n = i; n <= i + p; n++)
{
sq += MathPow(Close[n] - fx[n], 2);
}
sq = MathSqrt(sq / (p + 1)) * kstd;
std = iStdDev(NULL, 0, p, MODE_SMA, 0, PRICE_CLOSE, i) * kstd;
for(n = i; n <= i + p; n++)
{
sqh[n] = fx[n] + sq;
sql[n] = fx[n] - sq;
stdh[n] = fx[n] + std;
stdl[n] = fx[n] - std;
}
//-------------------------------------------------------------------------------
ObjectMove("pr" + sName, 0, Time[p], fx[p]);
//----------------------------------------------------------------------------------------------------------------------------
return(0);
}
//==========================================================================================================================

Just to my template....if you remember when we were first talking about my learning to write EAs, I said the hardest part would be the money management, what size lot to go in with, etc....once that part was finished, the rest is easily interchangeable.

(I've done three different ones this week alone, but until I see something that has really super results with little or no drawdown or "holes" to decimate an account, I am not claiming it to be testworthy.)

added to which EA

np, if an ea were made this is the key for us. no false signals and no channels.

actualy studying this more and more I really believe this is the way to go. here when a run happens it is great for EA's but what kills them is when they hit channels and false signals. on here we're trading from trend to trend. It looks like on a 1hour chart it is king. just this week alone it would of netted over 200-300 pips alone with no losers for a Matrix SDC EA.

Hence the overflow....OK, so that was my problem - NOW I can get down to business

If it's the one I sent you the other day you can only get it with a 1 (or more) and not a 0. If you try to return the IFish on the current bar you get all sorts of whacky numbers, presumably because the bar is not closed yet and it's trying to divide by something that's not available yet. That stumped me for about 3 hours the other day and I even went so far as to print the value to the expert journal until I figured it out lol.

Try using the IFT file and see if you can get the IFish value to come back as anything other than an overflow....please?

(Edit: Can you get it on the current candle....I can only get it on the 1 or prior)....

Well that helps a ton....didn't understand how that parameter really worked...TY!

I can't get it to show when I add it to a chart but it may be because I'm running an EA backtest.

If you look at the line index of the iCustom function you should be able to pull any of the 5 values by assigning them to the line index. For example with the COG_THV code below the number in bold is the line index assigned to the buffer by the indicator.

************************************
This is from the indicator....
SetIndexBuffer(0, fx);
SetIndexBuffer(1, sqh);
SetIndexBuffer(2, sql);
SetIndexBuffer(3, stdh);
SetIndexBuffer(4, stdl);

************************************

>> Should return fx line
iCustom=(NULL,0,"COG_THV",m,i,kstd,1,1);

>> Should return sqh line
iCustom=(NULL,0,"COG_THV",m,i,kstd,2,1);

The only problem with that, like in the COG case, is you only get one value returned. To adequately use a COG strategy, you need the actual COG plus the value of each of the 5 lines....iCustom won't give you that (unless you found something I don't know about).

Something like an IFT is ideal for iCustom - that is, IF you can get the value to return correctly. I am getting an overflow on the one I have....

Yeah, I find it easier to stick with my main template and reference the indies with iCustom and change them out when I want to try something new. It makes the strategy tester run a little slower calling the functions but it's a lot easier to be prolific! lol