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Old 25-10-2003, 05:08   #1
dusant
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Internal Strength Trading

Hi Fellow Traders,
Having seen some valuable posts on this forum for the last couple of days, has encouraged me to put these up myself.
First a few words. I have devised a mathematical relationship which allows me to plot an Internal Strength for each individual currency. I plot the two Internal Strengths of each currency on each currency pair major.
I select the pair to trade on three parameters.
1) When there is a positive/negative divergence between the pair and its internal strength.
2) When there is a huge divergence between the two Internal strengths of the pair currencies.
3) My system gives my a buy or sell signal.
The arrows on each chart should be simlple to understand.
LE= Long Entry
LX= Lond Exit
SE= Short Entry
SX= Short Exit
Click on this link to have a look at my updated charts, for a view on the comparative internal-strength of the forex majors. Its free.
Click on this link for interpretation method. The charts are clearly marked for longs as well as shorts. Your comments - both negative and positive are very welcome.
Thq in advance.
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Old 25-10-2003, 05:18   #2
dusant
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Links went missing

Sorry the links were not included in the post.

Click on this link to have a look at my updated charts, for a view on the comparative internal-strength of the forex majors. Its free. Click on this link for interpretation method.
A sample of one of the forex charts is attached with this post.
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Old 26-10-2003, 01:49   #3
mishak
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Hi Dusant, very nice picture

So, the Internal Strength on the chart and Proprietary Relative Strength in Help is the same thing, right ?

Another question - when does your system give you a signal ?

Cheers
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Old 26-10-2003, 16:18   #4
chaos
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Very nice, dusant. I'll be watching your progress with interest.

best,

chaos
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Old 27-10-2003, 00:28   #5
Reap
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My only two question is how reliable is this at giving out real time entries? Are we going to see some live recos? Thanks for your time, Reap
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Old 27-10-2003, 01:01   #6
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It would be nice if you listed some real time calls so we can see how accurate this indicator is.

Thanks
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Old 27-10-2003, 08:04   #7
dusant
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Smile

Thq for your kind words. Sorry folks for not being able to update, as i've been moving house. It would take me a couple of days to settle down. Till then wish you good trading.

The Internal Strength Indicators are calculated separately, and the buy/sell signals are generated by another algorithm. I choose to enter a pair with the condition mentioned earlier.

1) When there is a positive/negative divergence between the pair and its internal strength.

2) When there is a huge divergence between the two Internal strengths of the pair currencies.

3) My system gives my a buy or sell signal.

Will keep posting some more links sometime later in the week, for all of us to try it out on paper in realtime.

Till then, I beg your indulgence.
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Old 01-11-2003, 09:14   #8
dusant
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Smile Weekend Update

Greetings, fellow traders.
The whole of last week has kept me shifting home.
In the meantime, I have updated the charts at this link. I sincerly hope that i will be able to keep posting my charts regularly in future.
Brickbats also allowed.
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