EURUSD Index

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Mark
62
Mark  

Hi everyone,

I've recently created quite powerful indicator using xxxxx website community and want to share it.

The idea is to use a portfolio of successful traders to determine a moment when to trade EURUSD. Every time if someone has EURUSD or any EUR cross long position we assign +1 to this trader and -1 in case of short one. Then we sum these numbers (50 traders) to get EURUSD Index. If it’s more than +20 we hold EURUSD long next day (one daily bar), less than -20 short. Please have a look at the attached figure. There was long on April 9, April 11, April 16, April 22, April 25 and April 30; short on April 23. So far the performance looks very good. No doubt it's just six weeks but I'm planning on getting more statistics and see how it works :)

Cheers. Mark

Alain Verleyen
Moderator
35781
Alain Verleyen  
MarkBraun:

Hi everyone,

I've recently created quite powerful indicator using xxxxx website community and want to share it.

The idea is to use a portfolio of successful traders to determine a moment when to trade EURUSD. Every time if someone has EURUSD or any EUR cross long position we assign +1 to this trader and -1 in case of short one. Then we sum these numbers (50 traders) to get EURUSD Index. If it’s more than +20 we hold EURUSD long next day (one daily bar), less than -20 short. Please have a look at the attached figure. There was long on April 9, April 11, April 16, April 22, April 25 and April 30; short on April 23. So far the performance looks very good. No doubt it's just six weeks but I'm planning on getting more statistics and see how it works :)

Cheers. Mark

I reminds you that advertising is not allowed on this forum.
Simon Gniadkowski
17559
Simon Gniadkowski  
MarkBraun:

EURUSD Index for today's close (14.05) is +21, so we hold long EURUSD next daily bar (15.05).

Please ask your mql4 coding or Automated trading related question . . .  otherwise you are off topic for this Forum and your posts are subject to being removed.  
Mark
62
Mark  
RaptorUK:
Please ask your mql4 coding or Automated trading related question . . .  otherwise you are off topic for this Forum and your posts are subject to being removed.  

I deleted the post, sorry for that.
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