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Date/Time: Thu, 28 Mar 2024 20:03:49 +0000



Post From: Offering To The Community: Forex: Currency Strength

[2018-07-06 18:16:32]
bjohnson777 (Brett Johnson) - Posts: 284
I'm not sure which of the dozen calculations you're using, but it kinda sounds like RSI. RSI (or similar) will change its sensitivity based on how many bars back it looks. If there's a big change, smaller changes will be small. If nothing has really hapened within its bars back period, a smaller change will show up as a larger one. This is true for stock price graphs, too.

The initial chart doesn't matter. (SC doesn't offer an option for a blank chart.) Just make sure your Symbols List opens up the correct pairs for your currency trading provider.

My Currency Decorrelation back end to the Strengths already puts them in a single chart. Keep in mind that it is only for the time frame currently loaded. If you want to view different time frames when trading (a really good idea), it's probably better to create a separate chart book for each as the extra data windows open can get really messy and confusing.

Running different strength calculations for a single time frame doesn't require anything special outside the directions.
Date Time Of Last Edit: 2018-07-06 18:18:29