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Strong Vs Weak

PostPosted: Tue Nov 05, 2013 1:04 pm
by Apprentice
Strength Index.png

Similar to template used for Krivo Index
viewtopic.php?f=17&t=59670

Strength Index is a calculator as sum of Pip changes for all currency pairs.
Derived from chosen currency pairs.
Strength Index.lua
(9.1 KiB) Downloaded 1034 times

MTF MCP Strength Index.lua
(9.18 KiB) Downloaded 796 times

MTF MCP Strength Index with Sorting.lua
(10.25 KiB) Downloaded 894 times

Re: Strong Vs Weak

PostPosted: Sat Nov 09, 2013 4:48 pm
by Apprentice
Strong Vs Weak.png

This version incorporates all three versions in a single indicator.
Additionally, i have add two additional algorithm for data filtering.
"Price Change", "Price/ Fast MA Position", "Fast MA/ Slow MA Position"
Strong Vs Weak.lua
(17.28 KiB) Downloaded 1083 times

Re: Strong Vs Weak

PostPosted: Mon Nov 11, 2013 8:42 pm
by RoyPrins
Hi Apprentice, Is it possible to create an indicator like this but then with the pips differential calculated per pair? Like that you can see immediately which pair has the best potential. Given the fact that trends usually last a while you can then buy on dips or sell the rallys. Let me know. Regards,
Roy

Re: Strong Vs Weak

PostPosted: Tue Nov 12, 2013 4:25 am
by Apprentice

Re: Strong Vs Weak

PostPosted: Sun Dec 29, 2013 7:25 pm
by andrea.2k
Apprentice wrote:
Strong Vs Weak.png

This version incorporates all three versions in a single indicator.
Additionally, i have add two additional algorithm for data filtering.
"Price Change", "Price/ Fast MA Position", "Fast MA/ Slow MA Position"
Strong Vs Weak.lua


Hello Apprentice,
firstly i'd like to thank you for the great professionality .

My first post on this forum is to ask you a clarification about the "Price Change" filter.

Is it a sort of ROC (rate of change) indicator or what ?

Best regards
Andrea

Re: Strong Vs Weak

PostPosted: Mon Dec 30, 2013 3:43 am
by Apprentice
"Price Change"
It is the difference between Close and Open Price for the relevant currency pair.

"Price/ Fast MA Position"
It is the difference between Close and Fast MA for the relevant currency pair.

"Fast MA/ Slow MA Position"
It is the difference between Two moving averages for the relevant currency pair.

Re: Strong Vs Weak

PostPosted: Mon Dec 30, 2013 5:15 am
by andrea.2k
Apprentice wrote:"Price Change"
It is the difference between Close and Open Price for the relevant currency pair.

"Price/ Fast MA Position"
It is the difference between Close and Fast MA for the relevant currency pair.

"Fast MA/ Slow MA Position"
It is the difference between Two moving averages for the relevant currency pair.


Many thanks for prompt and clear reply.

Re: Strong Vs Weak

PostPosted: Mon Jan 27, 2014 2:36 am
by nchatzoglou
Hi,
FIrst of all, I want to thank for the great indicator, which is perfect for the strong weak analysis. I want to report a problem that I ve encountered with the Strong vs Weak indicator. When I import the indicator to the diagram the indicator is shifted to the right and 4 columns cannot be seeing(the're hiding left of the screen). How can I overcome this problem??

Re: Strong Vs Weak

PostPosted: Mon Jan 27, 2014 3:52 am
by Apprentice
I have tested Strong Vs Weak, I have found no problems.
Can you specify which version was used.

Re: Strong Vs Weak

PostPosted: Mon Jan 27, 2014 4:16 am
by nchatzoglou
I used the last version(Strong vs Weak. lua ). I m using 3 different computers. In two of them I found no problem. But in the 3rd, I encountered this situation I discribed earlier. Does the screen analysis plays any role on this?? I didn t try to change because it cannot support such high analysis (the screen is square). I m giving you a screenshot.