forexripper wrote:I guess if we restrict it to D1 only then perhaps it would make sense in how we read it. I suggest you change calcs and restrict it to D1 only so we know how quickly longer term trend is ending. This will allow us to close positions earlier or avoid taking any more positions in the direction of the trade (let it retrace and then back on)

NeoTrader wrote:Hi forexripper,

forexripper wrote:I guess if we restrict it to D1 only then perhaps it would make sense in how we read it. I suggest you change calcs and restrict it to D1 only so we know how quickly longer term trend is ending. This will allow us to close positions earlier or avoid taking any more positions in the direction of the trade (let it retrace and then back on)

I checked all TFs D1, W1, MN...all have spikes up to 100 and more in it...must check it a little further if this is an MTcrap problem...but also if we have values of 10 and greater....the chart becomes unreadable...

This chart is meant to be in the range of the tma... this means max. between +1.5 to -1.5
If you find a solution to this problem i will try to fix it otherwise i will let the ratio in as it is till the next release and will remove it then.

thanks in advance,

NeoTrader

forexripper wrote:I am thinking but for now I will work with the Diff values and see if they help me. Thanks for being so patient.

forexripper wrote:I am not sure if I understand the issue here.
E.g. NZDJPY D1 slope (true) values: NZD 0.85 and JPY -0.37 so the ratio is 0.37/0.85=0.435 which can be easily plotted onto the chart as histo.
Or am I not getting it at all. Sorry if I am bothering you here. Thanks for being so patient. I should learn this from you.

say AUDJPY where AU is strong but ratio calculates taking JPY as strong so instead of ratio of 30 it showed then 0.03. pls check this one

youcrazykids wrote:Two suggestions for the "high number problem":

youcrazykids wrote:1) If the currency pair features the JPY in it, how about dividing by 100? So for example, a GBPJPY price of 125.00000 becomes 1.25000, making the "scaling" more befitting the subsequent calculations? I'm not familiar with the maths behind the ratio or slope calculations, so please disregard this if I'm way off the mark. Just seems rather suspicious that the currency with the high range causes the ratio problems.

	if ( MathAbs( currencyBaseValue ) < MathAbs( currencyCrossValue ) ) 
		ratioSlopeValue = MathAbs( currencyBaseValue ) / MathAbs ( currencyCrossValue );
	else if ( MathAbs( currencyBaseValue ) > MathAbs( currencyCrossValue ) ) 
		ratioSlopeValue = MathAbs( currencyCrossValue ) / MathAbs( currencyBaseValue );

youcrazykids wrote:2) Go to the Indicator Properties window, to the Common tab, and fix the indicator window minimum and maximum values to your preferred values. It isn't a proper fix, but could help for the time being.

youcrazykids wrote:Great work by the way!

kelisa wrote:NT - I see there is a diffCross alert at the specific levels. But how do u read the ratios? At what ratios would you decide to place an order? Thanks

NeoTrader wrote:
The intention of forexripper was to have a ratio weaker/stronger of the pair based on the CSS values of this pairs.
If i use his original calculation the ratio slope would go of the chart at times making the chart unreadable. My calculation of the ratio slope is the same as before but without the arithmetic sign...this means if both CSS are on the same side of the 0-line the calculation is correct but if one is minus and the other one plus the calculation is sometimes off...this are the little spikes you see in the ratio slope. At least I presume that, since they occur often when the diff-slope crosses zero or the currency slopes crosses each other or the diff line.

I am still analyzing the value of the ratio slope and can't give you trustful advice in how to use it.
As of now i see that the spikes could be used as a indicator for a possible strength change...
Also a strong cross between diff- and ratio-slope seem to show a good directional change.

As I said I'm still analyzing...you can join the party if you want.. Just turn on the tmaTrueMode, than you can visually backtest and share your findings...if you find something..

NeoTrader wrote: ... as for the Diff slope...
I use the Diff to show me the strength direction the pair is going and if strength is building up for the base currency (first currency of the pair) or it is going down... below 0, -0.4, -08 I will look only for a sell in the base currency and above 0, 0.4, 0.8 only for buys.

I use it a little like the TMAslope and also in combination with it...TMAslope shows me the current strength of this pair only, TMA-CSS-SP shows me the overall strength of the currencies involved in this pair. especially the Diff line...

Possible entry is after the cross of the 0.4 Levels and the diff slope is developing in the same direction as the signal. eg. diff crossed -0.4 level and is falling further...good to sell and vice versa.
Also crosses between diff and ratio slope indicate some good entry points ...
-

dietcoke wrote:Maybe I'm really thick and missing something here but I don't see what a ratio gives you that the difference doesn't?

As it stands if one slope is big (either +ve or -ve) and one is small (either +ve or -ve), then using a ratio will cause an unwanted spike.

If both slopes are big (one +ve and one -ve), you'll get a spurious low value for the ratio.

To use a ratio, you have to calculate the slopes in a way which always generates a positive number for the slope

This will have the effect of exaggerating big differences and making then easier to see on a plot , but that still begs the earlier question.

Is this telling us anything the difference does not already give us??

What would be the entry methodology using a ratio method that is fundamentally different from the std difference entry below?