Is this correct formula
Value1 = (( Close[period]/Close[period- Length])- Data[Period]/Data[period-Length] ))*100;
Moderator: admin
Apprentice wrote:Is this correct formula
Value1 = (( Close[period]/Close[period- Length])- Data[Period]/Data[period-Length] ))*100;
Apprentice wrote:Is this correct formula
Value1 = (( Close[period]/Close[period- Length])- Data[Period]/Data[period-Length] ))*100;
Jeffreyvnlk wrote:Thank you
May I come back to OP ? I see your indicator great potential
Larry Williams suggest all instruments comparing to gold. Over a century,always 1 ounce of gold can buy you a nice suit ! So in term of currencies index he suggested the currency will be against 3 other stuff: gold, T-bond and USD index
I don't know here we have currencies indexes or not but let tweak this spread oscillator more.For example, under EUR/USD chart, instead of 3 underneath windows for 3 oscillators (EUR/USD vs. Gold/Bund/FXCM's USD index) , there would be just 1 window for all 3 ? Thanks
Larry W said about the concept of valuation. It different from oversold/overbought. Sometime the instrument oversold but not yet under valuation, shorting not recommended. In practice,when you see EUR over valuated to gold and USDindex (2 out of 3), preparing to short EUR.
Users browsing this forum: Google [Bot] and 19 guests