Thanks, it must be a good indi if you've been using it all this time. I read on that thread you linked to that the indi uses no price information whatsover, only volume. Wow! Mine uses price and volume, and kprsa's uses only price, so it's going to ...

Better ADL

Thanks k. That was quick! And very generous of you to share them here. I'll have to convert them to NT7 to see them in action, which I'll do after I've finished presenting my BADL indi. Should be interesing comparing them all. Cheers

Better ADL

Sorry mate, I can't read your post at all for some reason. It's all squiggles. But thanks anyway! Right... back to my Sunday evening of excessive eating and drinking, so that's all from me for today. Have a good one

Better ADL

Thanks k, that's a nice idea! And would eliminate the need for volume data. Have you tried coding this, or is it just an idea at this stage? I still believe there might be something to Mid TZs, and they're still on my list of things to analyse. ...

Better ADL

Hey Jim, I always appreciate constructive criticism so thanks very much for bringing it up. And you're absolutely right - this indicator will only work with decent volume data, which I realise is hard to come by in the FX market. Personally I use ...

Better ADL

Thanks slicken. I think it's important for people to know exactly what an indicator does before they use it, which is why I'm trying to explain it carefully before posting the indi. As for the gadi_obv indi, I'm sorry but I'm not aware of that one. ...

Better ADL

Better ADL I believe there are three ways in which we can make the ADL better: 1. New ratio BADL ratio = (Close - Open) / (High - Low) The calculation becomes simply the ratio of the Open-Close spread to the bar's High-Low range. This will produce ...

Better ADL

Original ADL Before we can start creating a better indicator we have to know exactly what the existing ADL calculates and what we can improve. So, this is the formula for Marc Chaikin's ADL: ADL = Previous ADL + (((Close - Low) - (High - Close)) / ...

Better ADL

Ah yes, of course, the transaction costs! I should have thought that one through a bit more. To be honest I only trade very liquid futures these days with low commission and virtually no slippage. For instance, 1 contract of N225M costs 80 yen per ...

Just a bit of advice, for anyone, for free

Hey katrooo, This looks like the start of a very good thread. Thank you so much for writing and sharing your valuable thoughts. I'm only a part-time trader but have been doing it long enough to realise that what you've written above is absolutely ...

Just a bit of advice, for anyone, for free

Interesting. Thanks for sharing!

The Club!

Congratulations on getting married, Sis. Looking forward to your journal. Cheers!

An Elegant Equation (Trading Journal)

... unless you write them and don't manage your risk properly. Yes, it happened to me many moons ago.

Do You Know Any Millionaire or Multimillionaire Forex Traders?

You are not alone, gspajon, this happens to me a lot too. Usually to the pip. It feels like the market knows exactly where my measly stop order is and goes all that way just to say FU. Of course in reality the market couldn't care less about where ...

Using Balance and Unbalance to your advantage

TE = Trade Explorer. It's a feature on FF that allows you to show the details and performance of your trades. Some people have them, some don't.

Using Balance and Unbalance to your advantage

N225M futures. Still not got my options head on sorry, depsite those links you sent me. Most of it recovered my recent losses though. The Nikkei's been a real bitch recently

Let's Trade Options

+7.7% at the close. Unbelievable! I only caught about two thirds of it, but can't complain. I mean who would have thought it could keep rising like that?

Let's Trade Options

Hi FXEZ, It's been a while. Hope things are good with you. I'm currently working on something like you mentioned, which in effect is a "better" (for want of a better word) version of the Accumulation/Distribution Line (ADL). In fact I'm calling it ...

Need help to make Cumulative Volume Index indicator for MT4

Why can't he reply to his own thread? Other commercial members have their own threads in the commercial section, and of course they can reply to them. Is it because this thread was created outside of the commercial section? And if so, will he start ...

Using Balance and Unbalance to your advantage

kuroro001 and PipMeUp, off the top of my head. Can't guarantee they're both French though.

The Really Useless Thread