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Currency Strength Meter for NT7
Updated November 13, 2012
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Currency Strength Meter for NT7
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#1 (permalink )
London
Experience: None
Platform: .
Trading: .
Posts: 255 since Apr 2011
Thanks: 65 given,
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Hello,
Does anybody know the calculation/formula for the Currency Strength Meter, like the Hawkeye Fatman, AccuStrength and Currency Meter 3.0 from Henry Liu?
Some of those tools are relatively pricey, and me and my mate wants to code it to work exclusively on NT 7. I am trying to find out how it is calculate but could not find nothing yet. Anybody? We will post the meter here for free download when it is done.
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#3 (permalink )
NYC
Experience: Intermediate
Platform: Ninjatrader
Broker: Interactive Brokers
Trading: forex
Posts: 38 since Aug 2011
mrphr
Hello,
Does anybody know the calculation/formula for the Currency Strength Meter, like the Hawkeye Fatman, AccuStrength and Currency Meter 3.0 from Henry Liu?
Some of those tools are relatively pricey, and me and my mate wants to code it to work exclusively on NT 7. I am trying to find out how it is calculate but could not find nothing yet. Anybody? We will post the meter here for free download when it is done.
I know...
and it looks like this
Currency Strength Meter V2 with Market Analyzer - Forex - NinjaTrader - Indicator - YouTube
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#4 (permalink )
Market Wizard
Quebec
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BankRobberNT
No joke, are you really using such a level of complexity ?
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#5 (permalink )
NYC
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trendisyourfriend
No joke, are you really using such a level of complexity ?
As you can see... YES
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#6 (permalink )
Legendary Market Wizard
Los Angeles, California Republic
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No idea if it works but it sure looks cool! (the bottom part)
I will have to use this screenshot to impress my friends
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#7 (permalink )
Las Vegas, NV
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mrphr
Hello,
Does anybody know the calculation/formula for the Currency Strength Meter, like the Hawkeye Fatman, AccuStrength and Currency Meter 3.0 from Henry Liu?
Some of those tools are relatively pricey, and me and my mate wants to code it to work exclusively on NT 7. I am trying to find out how it is calculate but could not find nothing yet. Anybody? We will post the meter here for free download when it is done.
@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.
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#9 (permalink )
NYC
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Platform: Ninjatrader
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Posts: 38 since Aug 2011
indiantrader
C'mon guys, you can do better than this, help this dude out, find him the damn formula and he will code the currency meter for free....
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#10 (permalink )
London
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BankRobberNT
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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#11 (permalink )
London
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aligator
@
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 )
London
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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 )
NYC
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Posts: 38 since Aug 2011
mrphr
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 )
los angeles
Experience: Intermediate
Platform: nt
Trading: cl
Posts: 292 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 )
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 )
los angeles
Experience: Intermediate
Platform: nt
Trading: cl
Posts: 292 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 )
NYC
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Broker: Interactive Brokers
Trading: forex
Posts: 38 since Aug 2011
No worries
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#18 (permalink )
chicago
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BankRobberNT
Hello BankRobberNT,
Your website looks down. See the below message, when logging to website. Can you kindly advise?
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#19 (permalink )
NYC
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mohi4u
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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