center of gravity
Anyone knows how to calculate the center of gravity of a currency movement?
i find a great system that a high forex professional use it but the problem that its based on the center of gravity of a currency movement and i still dont know how to calculate it.
in the picture: the black line is the center of gravity and the other lines are when to buy when to sell and when to stop loss and tke profit.
the system and how it works is on : Belkhyat news letter
hope i have some answers .
Center of Gravity
The Ehler's Center of Gravity indicator is posted in many places but it is only in oscillator format, not the format of in the newsletter above. The new version of this indicator in the link above seems very promising and there is great potential in using it with Metatrader. If anyone can find this code and convert it to MQL4 it would benefit us all and would be very much appreciated.
CG (or COG) was posted many times with few versions on this thread.
Your image is similar with Igorad's PolyFit tools from elite section.
Just for FYI:
Center of gravity = Polynomial Regression Line
Bands = Polynomial +/- K * Sigma(or StdDev), (K=1,2,3)
Hi Igorad. Can you post the settings for the chart you plotted? Any guess on the settings in the OP's chart?
More of that Igorad, can you post your indicator, or tell the exact name of it ?
plz can i get this indicator or how can i get it ?
it is so important for me
You could download from elite section.
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