Baluda Indicators

Post by **SteveHopwood** » Wed Feb 26, 2014 10:39 pm

Thanks Paul. Much appreciated.

Post by **spotdespot** » Thu Feb 27, 2014 2:36 pm

Yes - thanks Paul - much more efficient now and still a great tool.

Cheers,
Dave.

Paulbericht · Post by **Paulbericht** » Mon Mar 03, 2014 10:42 pm

Hello Paul,

I would like to ask you a question about the CurrencySlopeStrenght v1.0.11.

I am using this fine Indicator now for a couple of days. But i see something I don't understand.

At the attachment you can see the CurrencySlopeStrenght of the GBPUSD M5 of March 3.
I draw two yellow lines and between these lines you can see that the GBP is increasing and the USD is decreasing. But the Currency pair GBPUSD is moving horizontally.

Can you please tell me how I should interpret this? Or is this normal?
Because I was thinking that when the currencyslope of GBP is rising and the USD is falling that the Currency Pair GBPUSD should be RISING!

Thanks already for your answer!

Greets,

Paul Demandt
from the Netherlands

Post by **SteveHopwood** » Mon Mar 03, 2014 11:46 pm

Paulbericht » Mon Mar 03, 2014 10:42 pm wrote:Hello Paul,

I would like to ask you a question about the CurrencySlopeStrenght v1.0.11.

I am using this fine Indicator now for a couple of days. But i see something I don't understand.

At the attachment you can see the CurrencySlopeStrenght of the GBPUSD M5 of March 3.
I draw two yellow lines and between these lines you can see that the GBP is increasing and the USD is decreasing. But the Currency pair GBPUSD is moving horizontally.

Can you please tell me how I should interpret this? Or is this normal?
Because I was thinking that when the currencyslope of GBP is rising and the USD is falling that the Currency Pair GBPUSD should be RISING!

Thanks already for your answer!

Greets,

Paul Demandt
from the Netherlands

When a currency is > 0, it is strengthening. > 0 but the angle is falling, it is still strengthening but the rate at which it is growing stronger is declining.

When a currency is < 0, it is weakening. < 0 but the angle is rising, it is still weakening but the rate at which it is growing weaker is declining.

You need lines angling away from each other to provide trading confirmations. This you would have known had you done the reading I recommended in my Welcome message to you when you first joined. I suggest you do said reading before asking daft questions here.

Something else you would know had you spent some serious reading time here is not to take any notice of the M5 chart.

Up to you whether you accept the massive amount of seriously good advice on offer for free in this forum, but don't blame the rest of us if you do not do so and then fail as a trader.

Good luck.

MQL4 Market · Post by **Baluda** » Tue Mar 04, 2014 7:42 am

Paulbericht wrote:Can you please tell me how I should interpret this? Or is this normal?
Because I was thinking that when the currencyslope of GBP is rising and the USD is falling that the Currency Pair GBPUSD should be RISING!

Paul,

CSS is based on the moving averages of all symbols. The close price of the last 20 candles of all symbols is used to calculate a CSS value for all currencies.

This means that if price does not change, CSS will converge to 0. Which is why we are looking for diverging CSS (or even a non-zero horizontal CSS). A falling positive CSS or a rising negative CSS means a price movement is stalling.

Look for diverging/widening CSS lines!

Paul

Paulbericht · Post by **Paulbericht** » Tue Mar 04, 2014 8:59 pm

Thankyou!

Both Baluda and Steve, for answering my question about the CSS.
I admit I should read the 66 pages first before asking a question about this Fine indicator.
Now i understand how to use CSS.

First i thought that CSS was the same as other Currency Strenght indicators. That's why I didn't understand the outcome of the indicator. But now I realised that CSS worked differently.

Sorry for my English.

Thanks guys!

Greets,
Paul

Post by **Over60** » Sun Mar 23, 2014 11:28 am

May I ask, if the CurrencySlopeStrenght v1.0.11 (CSS) is identically with the latest one used
in NB´s 10.6 Edsel thread?
Sorry, because it makes me a little bit confused by name and version, which one is used at the latest version.

Thanks in advance
Over60

Post by **beorne** » Wed May 07, 2014 6:39 pm

mcomsa » Thu Dec 19, 2013 1:38 pm wrote:Hi Baluda,

First, thank you so much for your great work. The indicators are really useful.
I'm not a coder so, please consider the possibility to add the next option to MPBM: when the basket is closed by MPBM, the pending orders with the same magic number are closed too. The option is present in MPTM, but it can be used in conjunction only with some options of TP. I think it can be useful for many users of MPBM.

All the best!
Mircea

Hi Paul,

Please consider adding the feature requested above when you have the time: an option to close all open orders along with the open trades in MPBM.
Thanks.

b.

ai101 · Post by **ai101** » Tue May 20, 2014 2:50 pm

Hello friends.

I am just wondering if there is an update for DWMPivots indicator that works with 600+ Empty4 build.

Thank you.

(Also could you please point me to a round number indi?)

Post by **milanese** » Tue May 20, 2014 2:52 pm

ai101 » Tue May 20, 2014 2:50 pm wrote:Hello friends.

I am just wondering if there is an update for DWMPivots indicator that works with 600+ Empty4 build.

Thank you.

(Also could you please point me to a round number indi?)

You will in this post http://www.stevehopwoodforex.com/phpBB3 ... 174#p91174 find attached one..

Cheers

Tommaso