Trading the Trend with Strong Weak Analysis

That doesn’t work for me, do you have a direct link to the thread on FF?

Or post a chart showing what the dashboard looks like please.

Here you go,
https://www.forexfactory.com/thread/post/11422166#post11422166
This Dashboard was inspired by this thread and can display up to 15 days of data including current fluctuations relative to the NY close value.

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Still doesn’t work for me, it doesn’t show in Indicators, and when I try with Meta editor = screenshot

Maybe not updated with the latest MT4 version, IDK

This is a previous version which doesn’t include the history.

I’m running MetaTrader Version: 4.00 build 1330 19 March 2021

https://www.forexfactory.com/thread/post/11054917#post11054917

My MT4 the same, but still not working, same as previous screenshot.

I give up, last option, can you open it in Meta Editor and show me what it does?

Thanks

Unfortunately, it appears the market is effectively trading into this strategy across the last 7 days.

Since we only able to see our own particular Brokers trading volumes in our respective platforms, we also get a glimpse of trader traffic. Volumes appear to have contracted across Australian Brokers since the ASIC Leverage intervention came into force 29th of March…

I’m also seeing less volatility across all markets… Easter?

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Thank you! Just what a lazybone like me needed.

Looks like this on mine.

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No, there is no mq4, just the exe. But it pulls the last H4 candle data of the day and gives you the same calculations as Dennis creates or the default setting will average with a predetermined number of previous H4 candles (this is what is indicated by the Strength [3]). You can colour and set font size to your liking. Double check it is in the indicator folder and restart, I am running it in two instances of MT4 for two months.

Okay, I tried another install of MT4 and it shows as normal procedures. The 1st MT4 must be opening the wrong File folder when I go to Copy & Paste it in there because it never shows. Thanks for your help.

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These were my workings for yesterday 10pm U.K./ 5pm NY. Am I doing something wrong as these are quite different to Dennis?

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https://forums.babypips.com/t/trading-the-trend-with-strong-weak-analysis/77959/4?u=fok

When YEN is mentioned, I believe that means USDJPY, which is always ZERO, so the 1st thing I see wrong (as every pair has Yen in it)

I will research for the exact calculations for you

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I found this (Price - MA Price) / Price =

https://forums.babypips.com/t/trading-the-trend-with-strong-weak-analysis/77959/31?u=fok

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I believe that’s how the calculations are made across the major pairs, against the Yen. So in my calculations AUD is 0.41%, CAD is 1.29% and so on. Then you match them up and find a 2% difference. It just seems my calculations yesterday were quite some way off Dennis??

Also a question, are Jen pairs traded too? I know it is always 0 so let’s say USD is above 2% would you take the USD buy trade, for example? Or is Jen just used to calculate other pairs?

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You’re calculations are correct, my figures for today are very close to yours. The data depends on the broker and their numbers are always different.
Screen Shot 2021-04-07 at 9.48.24 PM

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read entire thread on FF, they explain about Dennis method there, YEN is YEN not USDJPY, Currency and pair is 2 different thing. Dennis use YEN because all YEN pair is XXXJPY and not JPYXXX. 7 major currency VS YEN that is why YEN is always 0% because if there is 8 major pair last one should be JPYJPY which equal to 0

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Found an example of how to set up a table to simplify the data input and do the calculations

https://forums.babypips.com/t/trading-the-trend-with-strong-weak-analysis/77959/1374?u=fok

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The pullback continues

1a

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Hey guys is there any way to track commodity currencies like: AUD, NZD in relation to a ranking system like here on finviz futures ranking: Futures
Its just out of curiosity as I will always be entering trades based of my usual technical analysis.
Ive been able to make some nice trades on these commodity pairs, but the patience is everlasting :smiley:

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I, for one, do not understand the question; how do you mean to track them, against what? each other? AUD and NZD are like shadows, they follow each other all the time.
CAD is the other main commodity currency, the only advice I ever see about that is to watch OIL.
Do you want to track AUD vs Copper, Iron Ore, and what is the main commodity of NZD?
I thought it was dairy products and sheep? I often wonder why it is even traded, and even more baffled when it is strong.
And Finviz currency meter pretty much covers it easily for day trading; or is your outlook weeks and months? Hardly need a chart for that, be more fundamental than we discuss here.
Good luck

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