Strong Vs Weak

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Strong Vs Weak

Postby Apprentice » Tue Nov 05, 2013 1:04 pm

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
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MTF MCP Strength Index.lua
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MTF MCP Strength Index with Sorting.lua
(10.25 KiB) Downloaded 891 times
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Re: Strong Vs Weak

Postby Apprentice » Sat Nov 09, 2013 4:48 pm

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 1081 times
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Re: Strong Vs Weak

Postby RoyPrins » Mon Nov 11, 2013 8:42 pm

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
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Re: Strong Vs Weak

Postby andrea.2k » Sun Dec 29, 2013 7:25 pm

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
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Re: Strong Vs Weak

Postby Apprentice » Mon Dec 30, 2013 3:43 am

"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.
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Re: Strong Vs Weak

Postby andrea.2k » Mon Dec 30, 2013 5:15 am

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.
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Re: Strong Vs Weak

Postby nchatzoglou » Mon Jan 27, 2014 2:36 am

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??
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Re: Strong Vs Weak

Postby Apprentice » Mon Jan 27, 2014 3:52 am

I have tested Strong Vs Weak, I have found no problems.
Can you specify which version was used.
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Re: Strong Vs Weak

Postby nchatzoglou » Mon Jan 27, 2014 4:16 am

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.
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STRONG VS WEAK.png
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