So it can be used to trade Gold as well?
CCFp is using all 8 of the available mt4 buffers also it compares the currencies to each other to make its decision, not sure what to compare gold to.
Could we replace one of the Currencies.
Say maybe replace chf with XAU.
I woukd like to compare Xau to Usd.
Compare Xau to Eur.
There are many brokers that provide these type of pairs too trade.
Brokers like Pepperstone.
So say if I can if I can see how Xau Compares to Usd.
And see how Xau compares to Eur.
And then see how the Eur compare to the Usd.
Wouldn't it be possible by doing this I can
maybe determine if the Xau is stronger then both the eur and usd..
And if the Usd is weaker than both the Xau and Eur.
Then maybe I would look to see if there is a possible buy on Xua/usd.
Or I can do one better.
Compare Xua to all the other currencies.
And when Xau is the strongest and Usd is the weakest then maybe look for a possble buy on Xau/Usd.
So would it be possible to replace Chf with Xau?
If you take a look at the part that calculates one single value (in this case it is usd value) :
if(GBP) arrUSD += GBPUSD_Slow / GBPUSD_Fast - 1;
if(AUD) arrUSD += AUDUSD_Slow / AUDUSD_Fast - 1;
if(NZD) arrUSD += NZDUSD_Slow / NZDUSD_Fast - 1;
if(CHF) arrUSD += USDCHF_Fast / USDCHF_Slow - 1;
if(CAD) arrUSD += USDCAD_Fast / USDCAD_Slow - 1;
if(JPY) arrUSD += USDJPY_Fast / USDJPY_Slow - 1;
you will notice that the calculation is not based on one single value that could than be compared to another. For cases you need, the only solution is if broker has already the price of gold in each currency you are interested in - or to recalculate the $ price of gold to the target currency (for example the price of gold in euros would be XAU / EURUSD or XAU * USDJPY for price in Yen)
Advanced rsi of adaptive smoother
In this one errors noticed in the basic ways how Cutller rsi is calculated are corrected, so, now it is a correct way how it is done. Seems that in this combination, Cutller RSI is an interesting choice (lower example is using it), The usual set of possible rsi types is available (now there is no need to explain which is whish since you are going to get the names of those in a drop-down box). The indicator is for builds 628 or higher
This will sound familiar, I can’t seem to get stochastic to fire on the 60min chart with a 240 min timeframe from either indicator(see lines 251 & 263), 10.6 EA. I have tried several combinations, some work on 0 or 60 min but not show a 240 min setup.
I attached the EA & the custom Stochastic.
I realize your busy so when ever you get a chance hopefully its a simply solution
This is how the color stochastic looks like on a one hour chart using 4 hour data. Could you explain a bit more what seems to be the problem, since it seems to be working OK
Step moving average of CCI : stepma_of_cci.mq4
It helps in finding trends before the usual levels are crossed (it makes it a kind of adapting trend estimation tool - it depends on values of the CCI and not on some fixed level values). As usual some playing with parameters is recommended to find optimal settings for a trading style
Interesting setting for a 5 minute chart : all default except the step multiplier set to 3
Or daily chart and multiplier set to 1.8
As usuall, some parameters playing needed, but it seems that it is useful
I wanted to insert an alert whenever RSI crosses EMA but the the alert is triggered sometimes without a corresponding event on the chart. Could somebody please take a look at the modified source and try to figure out what is wrong?
PS: The original source is in https://www.mql5.com/en/forum/general.
It works great on the chart as a stand alone indicator but when I run a EA backtest on a h1 chart and try to use the stoch as a 4H indicator it shows up as a 1H indicator on the backtest 1H chart.
Sorry for not being clear earlier, I guess a picture is worth a thousand words: Please see attached