Nope...trends like that don't die easy..I am a lot slower moving in for the kill than I used to be...nowadays I wait for good consolidation and equilibrium between buyers and sellers...only then do I consider the trade...causes me to trade less but gives me something closer to a sure thing(if that's possible) and gives me more pips when I'm right...if I'm wrong its usually not too wrong so no harm done.

Finally found recipe for my original curse jav...here tis..


Take 3 dry chicken bones and the left eye of a crow...mix well and dump into a toilet.Next yell AUD/USD real loud 3 times and after each yell spit over your left shoulder..after 3rd yell quickly flush the toilet.

Whoops...youre right..it tagged the 144 NOT 169

Gotta see consolidation on these things first..then I'll join in on the fun...gotta hard rule about that I have a hard time breaking...keeps me out of a lot of trouble

And N/U just hit the 196 of daily QT...sheesh...hard to believe its caused by consumer confidence lower than forecast on US

Hmmm...A/U just hit the 169 on daily Quad Tunnel...my what a run!

GM pennies..thats what I thought too...COG is good but best used on H4 or daily...as far as repainting I have seen good indicators get a bad rap for repainting but the nature of any moving average is what everyone considers repainting...theyre dynamic in nature.IMO the COG should be set for H4 or daily and used in conjunction with a chart youre already pleased with.Another example of repainting might be the Quad Tunnel which we all know is excellent but look at where it was a month ago and then where is it today?Did it repaint..yep...but all it really does is dynamically move in concert with price action.Same with COG or any moving avg or indie based on MAs.

In one terminal?,,now that IS weird!!

Good deal..I've done the same thing several times through the years.

estimator...be sure the COG you downloaded is not a zip file..if its not showing up it just might be zipped...I downloaded something recently and had that happen..I didnt notice it was a zip file til I got to wondering why it didnt show up.Unzipped it and all was good.

YW jav..the Hull is good but cant be changed.its locked at 34 ..if you put the Slope Direction Line in its identical to Hull but the SDL can be tweaked...IMO the Hull is simply an SDL set at 34

If I remember right stockcharts.com only called it a slope indicator but I'm pretty sure its actually a slope of the close...theres various indicators around that are the slope of this and slope of that..the closest I've found for MT4 is slope direction line ...google that and theres several download sites for it..thats what I put in last chart I posted but changed MA method to a 1 for simple MA instead of 3 for smoothed which looks like all a Hull ma is is a slope direction line with default parameter.The diff between smoothed 34 and simple 34 made the crossovers seen on the chart I posted.

Now this might be helpful..same chart I posted earlier on U/J but this has a slope direction line added ...one minor change to it tho..the SDL allows for MA method change and default is method 3(smoothed)..I changed it to a 1(simple) its set at 34 periods like the Hull Ma...I cant change Hull method is reason I didn't add another hull...both have 34 periods but on is simple and other is smoothed..note the crossovers on the chart of these two MAs...this looks good

Will tell you another indicator that I sure wish I could find for FOREX...a true 'Slope of The Close'...back in my equity days stockcharts.com had a perfect one...it was simply a type of moving average in which zero line is the signal line...any move above zero was bullish and any move below zero was bearish.On my chart notice I use an awesome oscillator and its being used by me as sort of a slope of the close indie that I wish I could get...the zero line gets my constant attention although it has to be used with attention also to extreme levels of AO above/below zero..if I wait for the zero line cross it can have me late to the party.Main reason is the AO is static..not dynamic as we see with the COG...a good slope of the close indie is somewhat dynamic and its tough for one to cross it...but once across zero theres a strong move following the cross.The Hull MA or Slope Direction Line works fairly well also as a replacement for slope of the close but the formula for the real deal isn't to be found for MT4.Guess I'll just have to whine and live without it(LOL)

Heres my setup for now...U/J H4 using COG 200/2 Hull MA 34...regular candles and smoothed HA...kinda busy but information rich..hard to keep the chart tame(LOL)

What I'm using for the MA you mentioned is a Hull moving average set at 34 periods..been using it on most charts for a while now and its pretty danged good..will post a chart on next post that has the COG 200/2...Hull MA 34 on H4

GM pennies..I see youve been real busy testing the COG combinations..I've been testing some more also..but been too busy to spend a lot of time on it..kind of a hectic weekend and got a full plate again today..so at this point I will probably hold with 200/2 and mainly H4 for start of trading week...seems to pretty well track with price action across pretty well any pair.Am sure I will tweak things as time goes by but first I want to keep it as simple as I can and go from there.I've yet to see any setup that cant be improved on.

At this time my head is spinning but think we've latched onto a breakthrough method for reliability and confidence...having said that I will bid you guys a good night..been a verry long day for me and at my age I have to shower,shave..and look towards beddy bye time(LOL)

Also..this may be off the wall but if theres a curve to the COG I'm not sure it can be trusted.,..if the lines are farely straight based on params used it seems more reliable..or is it just me?

So far thats what i'm seeing..bigger sampling periods yield more pips and more reliability..think we're on the right track and hope before sunday open we've got it nailed pretty tight!

After a check on 126 periods I say forget that!!...checking other direction...300 periods!

My next test shows promise...125 periods and deviation 2 on H4 TF...thats about 4 days trading so not bad...I figure 4 to 5 trading days back is a fair amt for a sample period.

Ran a quick test on 200/34 and I give it a thumbs down compared to 200/50...next logical try would be 200/89...gotta get out and ride the zero turn mower for a while so will play with you guys later...dont drop the ball..I'll be back(LOL)

Hey thats great pennies...the shorter term COG worked in perfect concert with the longer term one...the juncture of both lower lines was a perfect target on the retrace...looks like this thing shows us the trend on the long term COG but then shows entry/exit points that are dead on and in keeping with price action in a trend in progress.Too early to say for sure but sure is looking like a dyn-o-mite combination.That 50 COG is very good...tried the same thing with a 200/100 combination and it didnt do very well in testing..so I may next test a 200/34 combo and see how that does..I've fallen in love with 34 periods lately on some toys.

Well I gotta get up and get ready to head home to honeydo's...will check back later...c yaz

I think you may find that each pair may need a different param on a particular TF because bank action is different on different pairs...we're looking for their footprints and also note that different pairs have different ADRs which may effect a need for parameter changes..Once a pair is set tho the COG should ring true for a long period of time with no need for further change.A simple closing and reopening MT4 will save each individual setting.

LOL..kinda thought you guys would do that..multiple COGs is a good way to use COG...gives it a MTF aspect

Yup I think its a dandy pennies..the dynamic aspect of it is super..be sure and test deviations as well... 1 1.5 and 2 ..as well as periods...the guy I got it from was using 240 periods at 1 deviation...who knows..might be best..I'm still testing it out and also think lower TFs will need param change to still be max effective

Change the 240 to a 200 and do some backtesting..his ideas just might be best...any of you who test drive the COG needs togive your own thoughts on params for discussion..its obvious at a glance that the COG is really good but we all need to try use it to best advantage...that sucker help could make us some nice pips methinks and improve confidence on entries/exits!

Wait a minute..I just looked back at params on chart I posted and its 200 periods alright but its set at 1.5 deviations..not 2...so I lied...shoot me(LOL)When I saw my mistake I dropped to 1 deviation and its matching price action even better...so test the deviations of 1 1.5 and 2

Am testing 200 periods and 2 deviations on H4 chart..I wouldn't go lower than 1.5 deviations BTW

Kinda thought you'd like it...once installed you might try the 200 param first then take it out to weekly and monthly..on those TFs it looks like linear regression channel or an SDC

Howdy jav..if it was like some COGs I've seen it comes off looking like a confused and noisy Bollinger..the key line to be set is its midline...the midline needs to be tweaked by paramaters to be a true center for price action..if its always a magnet then a trader can pretty well rest assured that a trade will always come back there..IOW even if you go in on a wrong side it will eventually get back and give you profits.Best trade entry is reversals at extremes and close at midline til it either breaks through or bounces from the median.I'm running my tests with 200 periods and 2 deviations right now..some of you guys might find something better.Haven done any testing on shorter periods..should work on them with tweaking but actually COG seems to be best on H4 or daily.BTW that's nice because that means moocho pips and letting trends ride for days on end!

Heres a link to the center of gravity indie in case any of you want to test drive it


http://www.forexfactory.com/showthread.php?t=89714

ok ..just got back...the chart I'll post is an AUD/NZD H4 and it has a COG(center of gravity) on it..years ago in equity days I used COG a lot but not much with FOREX...some of the COGs I found I didn't like at all..I have always used fibs as you well know but have wished someone would program fibs to be dynamic rather than static..the COG I'm using sort of helps me on that..it works much like a standard deviation channel but its dynamic rather than static live SDCs and linear regression channels are.Thje trick is to match bank price action to COG..I set mine using 200 periods on H4 and 2 deviations..seems to be excellent on some pairs but methinks its best used by matching each individual pair..the 200 may not be best for one but right on for another..so tweaking and playing around with it is on some pairs a 125 or 150 might be best so if you guys try it out I think we should each try their own notion of parameter and see if together there can be a sort of standard set..anyway in testing I kinda like some tests I've run showing that the median line is a bit of a magnet to price action where a person can short its extremes or take longs on lower extremes and have utmost confidence it will drop at least to midline on shorts or rise to at least midline on longs on every trade entered.Heres the chart and on next post will provide link to this particular COG

Hey pennies..if youre going to be around a few minutes I will have something to show you..on second thought I need to run to the bank first but should be back in maybe a half an hour..just looked at the time so I better get that taken care of first.

Probably wise pennies...A/NZD has had a nice run and is not consolidating as I would like..it seems to be more of a rising wedge than firm top/bottom baseing channel...hard to say if its through now...for one thing it really should be trading around 1.02 or 1.03 IMO..that nasty dive it was in prior to breakout had E/U and A/U very close to parity..I just cant see parity happening for long anyway if at all...a few days ago A/U and N/U both were trading at over .77 and not many pips apart!!That IMO was destined to change soon and it did..now theyre trading about 220 pips apart.Australias starting a nice recovery as well as New Zealand in spite of weak data from China...Aussie population is about 23 million but NZ is only about 4.5 million...AUD should always be trading higher against USD IMO...the driving force in bring them close to parity is the carry trade aspect and it got outa hand to my thinking.All JMO of course

BTW pennies on my suggestion to set SUPDEM forcedtf at 1...I do that myself sometime..instead of looking at higher TFs supply/demand I look at lower...the reverse of what most do using forcedtf on SUPDEM

Hey pennies you might try using SUPDEM for marking the key levels you've been messing with..just for the heckovit you might try setting forcedtf on SUPDEM to a 1......then go up to M5 or M15 chart and see what you get..just a thought.

GM Kermit...haven't paid much attention to E/U the last couple of days..been messing with AUD/NZD which I finally closed a long on for 136 pips...looks like it might have more but on the other hand its trying to base on H1 so I decided against holding any longer