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Currency Strength Meter for NT7


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Currency Strength Meter for NT7

  #11 (permalink)
 mrphr 
London
 
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aligator View Post
@mrphr,

The main idea of the currency meter is very simple, it is a comparison of relative strengths. In its simplest and useful form is a plot of the RSI(30m or any other intraday time frame) for all the pairs (and anything else, i.e. indexes, Bonds, etc.) that you care for, all normalized and plotted as oscillators on the same chart. When majority of the pairs are leading, the lagging pair(s) can be traded to follow the other pairs.

Try this simple one, then add your bells and whistles.

Hi, thanks... I found how it is calculated, and friend of mine to code it on NT7, but I am not using it anymore. If you know how to use it, it can help but it is a indicator like all others indicator...

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  #12 (permalink)
 mrphr 
London
 
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Platform: .
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Posts: 255 since Apr 2011
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Hello guys, I found how it is calculate and a friend of mine did the coding. I am not going to post it here because it was not myself that code it, however he may post it later...

I do not rely on the meter, and honestly I have not been using it for a while; Yes it can help but it is a indicator like all others indicators...

In order to make money in this business the only thing that you really need is understand price, you must understand price, the rest is secondary or even irrelevant.

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  #13 (permalink)
 BankRobberNT 
NYC
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Interactive Brokers
Trading: forex
Posts: 38 since Aug 2011



mrphr View Post
This is the classical examplo of Analysis Paralysis or Paralysis of Analysis, but if you can make money on this all the power to you.

?

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  #14 (permalink)
 
Sunil P's Avatar
 Sunil P 
los angeles
 
Experience: Intermediate
Platform: nt
Trading: cl
Posts: 290 since Jan 2012

Old Price: $149.00
Price: $99.00
You save: $50.00! (33.56%)


must be good,they lowered the price!


I think TRO (the rumpled one) has something like this. Might want to google it...I think its free also.
Never used it myself btw,cant attest to its worthiness.

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  #15 (permalink)
 BankRobberNT 
NYC
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Interactive Brokers
Trading: forex
Posts: 38 since Aug 2011

Is it you TRO? Are you in stealth mode?

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  #16 (permalink)
 
Sunil P's Avatar
 Sunil P 
los angeles
 
Experience: Intermediate
Platform: nt
Trading: cl
Posts: 290 since Jan 2012

shhhhhh...I got a new paypal acct for my old customers btw.

Also just keep it on the low down,dont talk so loud BR.

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  #17 (permalink)
 BankRobberNT 
NYC
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Interactive Brokers
Trading: forex
Posts: 38 since Aug 2011



No worries

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  #18 (permalink)
 mohi4u 
chicago
 
Experience: Master
Platform: NinjaTrader
Trading: EUR/USD
Posts: 23 since Aug 2012
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BankRobberNT View Post

Hello BankRobberNT,

Your website looks down. See the below message, when logging to website. Can you kindly advise?

BankrobbersIndicators.com

coming back soon!!!

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  #19 (permalink)
 BankRobberNT 
NYC
 
Experience: Intermediate
Platform: Ninjatrader
Broker: Interactive Brokers
Trading: forex
Posts: 38 since Aug 2011


mohi4u View Post
Hello BankRobberNT,

Your website looks down. See the below message, when logging to website. Can you kindly advise?

BankrobbersIndicators.com

coming back soon!!!


Site is back up and running, after being revamped. :-)

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Last Updated on November 13, 2012


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