Hi NVP,
I've read the last 2 months of your thread, and last week I started using your FxCorrelator. I really appreciate you sharing your experise and your indicator. I'd like to ask you a couple of questions, because your tread is so large, I don't know where to go to get these answered.
1) What do you think is the best timeframe to place the Fxcorrelator on?
its just showing a snapshot of the relative strengths of 8 currencies based on a moving average value of your choice (default 20) so is applicable in any timeframe -
2) Can you tell me something about your entry?......there are zillions of permutations for entries
...
if you read my links below and spend a little time here on this thread (and I have another more devoted to basic strengthmeters here at t2win) + perhaps look at my youtube channel....you may get some ideas............generally I will be looking at when a currency crosses the zero ...........but that's pretty basic :smart:
3) What initial stop-loss do you like to use?.......
how long is a piece of string ? .........
millions of articles on this subject .....all I suggest is tight enough to ensure minimum losses to capital base ....but large enough to give the trade breathing space ..........2% max for me
4) I've noticed with the UHighLow indicator, that the EUR, GBP and AUD is set to true and the rest aren't. Can you tell me about that?....
.ummm cant remember .....the usd hilo is the usd index .............I think I adapted one I had from other generic indicaotrs and couldn't be bothered to take off a lot of the other features it could use ........you can play around with settings but I think its only been core coded to show the green usd index :smart:
Thanks,
Rockford