nanningbob wrote:Here is the final version of the 10.4 info page. I am writing the PDF for it now. When I am done then it will go on page 1. I thank Baluda for all the time and effort to make this work. The main comments on how to use it are on the info page. Put the 1 template in the template folder and the INDIES in the indicator folder. There is a pic of what it should look like. Just in case I dont get the paper finished at least you have the info page and basic interpretations.
Put the template on a pair you are trading like the eur/chf which I dont trade very much. You can have eur/chf twice on your chart. One for trading and one for the info page. I used to put it on a non trading pair but then the indie will include the pair in its calculations. It is important you go to your window called market watch and delete any exotic pairs you are not trading or dont want the indie to use in its calculations. Even if you only trade 5 pairs you still want the indie to view all the pairs of the 8 major currencies so you get the general market feel and see how the market is affecting the pairs you trade. I used to use eur/dkk on my chart but now I delete it so it doesnt affect the figures. I dont have cad/chf or nzd/cad to trade so they are not included in my calculations but they maybe on your broker so there will be some slight differences form broker to broker.
I wanted to very much finish my booklet this weekend but with new appointments and visitors I realize now I may not. Anyway this will give you the basics and a simple understanding of the info page. Good luck.
thanks Bob
Can you explain why you decided to use this indy instead of previous slope strength v1 you used before ?
What can you better see in this new one ?
nanningbob wrote:Here is the final version of the 10.4 info page. I am writing the PDF for it now. When I am done then it will go on page 1. I thank Baluda for all the time and effort to make this work. The main comments on how to use it are on the info page. Put the 1 template in the template folder and the INDIES in the indicator folder. There is a pic of what it should look like. Just in case I dont get the paper finished at least you have the info page and basic interpretations.
Put the template on a pair you are trading like the eur/chf which I dont trade very much. You can have eur/chf twice on your chart. One for trading and one for the info page. I used to put it on a non trading pair but then the indie will include the pair in its calculations. It is important you go to your window called market watch and delete any exotic pairs you are not trading or dont want the indie to use in its calculations. Even if you only trade 5 pairs you still want the indie to view all the pairs of the 8 major currencies so you get the general market feel and see how the market is affecting the pairs you trade. I used to use eur/dkk on my chart but now I delete it so it doesnt affect the figures. I dont have cad/chf or nzd/cad to trade so they are not included in my calculations but they maybe on your broker so there will be some slight differences form broker to broker.
I wanted to very much finish my booklet this weekend but with new appointments and visitors I realize now I may not. Anyway this will give you the basics and a simple understanding of the info page. Good luck.
thanks Bob
Can you explain why you decided to use this indy instead of previous slope strength v1 you used before ?
What can you better see in this new one ?
It is not the formula but putting two on one page that took some doing. You are using two different TF on one page. Also some other enhancements you probably would not notice. Stuff I needed it to do so I could back test it easier.
IanV wrote:
Yes I've done that. Makes no difference I run loads of charts so it's heavy on Ram.
Are you running the currency slope strength with all the currencies on the "info" page? For me that's the one that chugs the processor a bit - much better when the number of bars for that is reduced.
I have to admit my main PC is a bit of a monster but my laptop isn't and that copes ok.
Cheers,
Dave.
Dave
You are right. I cleared all the unused pairs out. HUGE difference.
Recommend that to all.
Ian
Edit
Removed all unused pairs in the Market Watch. I think that made the difference.
How I can remove all the unused pairs?
-----------------------------------------------------------------------------------------------------
Open Market Watch - right click on Symbol at the top - select Hide - Hide everything you don't use.
Also you can save this / choose sets/ Save as / then copy it to Symbolsets in your other MT4s
My charts used to lock up before I did this. Hope it still works when the data feed comes on.
This was Bob's suggestion.
IanV wrote:
Yes I've done that. Makes no difference I run loads of charts so it's heavy on Ram.
Are you running the currency slope strength with all the currencies on the "info" page? For me that's the one that chugs the processor a bit - much better when the number of bars for that is reduced.
I have to admit my main PC is a bit of a monster but my laptop isn't and that copes ok.
Cheers,
Dave.
Dave
You are right. I cleared all the unused pairs out. HUGE difference.
Recommend that to all.
Ian
Edit
Removed all unused pairs in the Market Watch. I think that made the difference.
How I can remove all the unused pairs?
-----------------------------------------------------------------------------------------------------
Open Market Watch - right click on Symbol at the top - select Hide - Hide everything you don't use.
Also you can save this / choose sets/ Save as / then copy it to Symbolsets in your other MT4s
My charts used to lock up before I did this. Hope it still works when the data feed comes on.
This was Bob's suggestion.
Thanks Ian, you can also increase the RAM performance by reducing the Max bars in History and Chart.
Go to Tools/Options/Max Bars
As some of you know I love John Maudin. If you are not on his email getting his letters you should. He is not a Forex trader but when he talks forex markets he is usually right on. Here is some more of that same article and you should read the whole thing:
As I noted during a recent interview on NHK, Japan’s national public broadcasting network, the beleaguered island nation faces significant challenges:
Japanese debt is already nearly 500% of GDP when you add up public, private, and corporate obligations. That’s the highest on the planet and makes Europe’s spending look positively miserly. Mimicking Bernanke’s helicopter hijinks won’t help on anything more than a short-term basis.
More money does not equal greater innovation. Many Japanese companies are struggling to remain competitive in industries they once dominated. Examples include Sony, Matsushita, and Fujitsu.
Japanese utilities literally can’t produce enough power to fuel a Japanese recovery . Only three out of 54 nuclear reactors are running, and the national LNG import bill hit ¥621 billion in March. That’s more than double pre-quake limits, according to the Ministry of Finance. These costs will continue to rise as the yen weakens further. I doubt very seriously that any increase in export sales will be enough to offset rising energy costs, because margins are going to get pinched.
Formerly deep trade surpluses are now deficits.
Prices in Japan are rising faster than income at the same time that taxes are being raised. That’s a lethal combination that is serioiusly pinching consumers.
Japanese corporations, once keen to return profits home, are now expanding overseas and keeping money outside Japan.
Japan’s population is aging so fast that, effectively, there are no new workers, a problem that is compounded by the near complete lack of a workable immigration policy.
The bottom line?
Japan is making the same mistakes we’re making … or we’re making the same mistakes they’ve already made – it’s hard to tell.
Either way, the bottom line is pretty simple: You give me a trillion yen and I’ll give you a good time, too.
