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| CSS - how is it calculated? https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3279 |
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| Author: | ManDrone [ Thu Nov 21, 2013 8:12 pm ] |
| Post subject: | CSS - how is it calculated? |
Hello- I have been poking around the forums for a while and see lots of discussion on the Currency Slope Strength indicator that Baluda created (I personally have played with v1.0.8). I understand how to read the values. I understand that it is comparing the currencies to each other in an "indexing" manner such that the sum of all "strengths" = 0. My question is simply - what is the formula used to derive these values? I'm curious to see how the scores are created. I tried looking on this website and elsewhere, but have not yet found a post discussing the technicalities. Thanks for the help. |
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| Author: | phil_trade [ Sun Nov 24, 2013 8:27 am ] |
| Post subject: | Re: CSS - how is it calculated? |
Hi Mandrone CSS is derived from Slope calculation. Example below in Delphi : Code: Select all cheers philippe |
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| Author: | nanningbob [ Tue Feb 11, 2014 7:35 pm ] |
| Post subject: | Re: CSS - how is it calculated? |
The CSS originally was calculated from the tma indicator. Triangular moving average, which makes a very smooth high.low.middle lines on a chart. The slope angle from each currency like aud/USD' aud/cad aud/chf etc was then averaged and made into a single line representing the entire strength or weakness of a currency. The theory behind it is you trade strength against weakness to catch the biggest moves. The numbers are changed in the different editions to maximize the movement of the currencies. |
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