Advanced Dashboard for Currency Strength and Speed
Version 1.2 - 2017.12.27
With reference to Advanced Currency Strength28 Indicator
ADDED THE VERY SPECIAL FEATURE:
Use currency specific characteristics (default = true)
This updated dashboard version has now also been coded to print each currencies strength individually. The character of a currency is what makes it act differently to another currency. Currency pairs have many characteristics. We have created a proprietary formula which takes account of this characteristic and many people believe it is the first of its kind in the Forex world.
Therefore we can say each currency is handled on its OWN characteristics!
Trades taken this week on dashboard alerts went very good.
Used m15 and m30 dashboard alerts.
Additional Filter: speed of lower TF minimum 14/-14, CS not in extreme levels.
SL/TP based on highs and lows or supply/demand.
Example GBPCAD (Screenshot is without dashboard, because I did not take picture at entry time. ACS28 and Impulse shows all the history.)
GBPJPY 100 + 133 pip
Trend selected by adv. dashboard and ACS28 H4 CS direction.
Impulse shows very strong spike (up to 100!) on GBP twize.
Entry after second spike was delayed because CS of GBP was high.
Then after CS cooled down continuation entry after Impulse vertical-line.
(An earlier entry would not have been a mistake here.)
Nice movement on Pound. Hope everybody cut a piece out of the market!
All trades strongly in confirmation of higher TF CS trend. Here H4. What does that mean? Base and quote currency GAP direction (or speed) of higher TF must be in agreement.