ResettingBB EURUSD.m5 October 2014

Resetting Average and Bollinger Bands

Recently I have been experimenting with a new concept I came up with. One thing that really bugged me about moving averages, and all indicators that used moving averages internally (which is a lot, like Bollinger Bands etc), is that often the data is thrown off because of a spike in the market. The classic case is […]

FXCM App Store – First Round Complete

Today’s post is just a quick plug for MooMooFX’s MarketScope extensions on the FXCM App Store as we received an update from FXCM that we would like to share with you. The Shock Retrace MarketScope strategy extension is now live on the FXCM App Store. It comes bundled with the Price Delta Indicator as well […]

MACD Divergence

While comparing the TrendZ indicator against MACD, I noticed a bunch of good signals from divergence patterns in MACD. In the chart below, the first A-E crosses are divergence. F-J isn’t but still worked. I wanted to see if this really works so I coded a strategy to trade when it detects divergence, or even […]

The Characteristics of a Trend

Ok so I’ve completed the oscillator that I was aiming for, but unfortunately I didn’t quite get what I wanted. It is working as designed but it isn’t as useful as I thought it would be. However, it has definitely given me much food for thought and I have come up with some useful ideas […]

Categorizing Trends

Ok so I have done a couple of days work on this trend categorizing and I am making some progress. I have put together a new indicator, currently called TrendF, that attempts to identify the trends. I thought about this a lot and tried many things. We obviously want to focus on the gradient of […]

LUA and FXCM shortcomings

Recently I have discovered a couple of shortcomings that I would like to share with you, interestingly both related to including code/resources. 1) Support to include custom common code LUA Strategies come with a file called helper.lua and helperAlert.lua that provide common helpful code. They are commonly included across many strategies and indeed are very […]

ATR Indicator

Today I wanted to learn more about the ATR indicator and how I could possibly use it to improve my results. Apparently I can use a long range ATR (30+ days) to different between Trend Directions. When I tested this out, it pretty much showed me the same trend that a moving average would. Not […]

Revisiting some indicators

I have been looking for a way to improve my strategies and today I went back and did a bit more research into some indicators – this time DPO, RVI and RAVI. The following page was interesting for DPO. It talks about the price being above or below a shifted moving average and the values […]

Trends Continued

After doing some backtesting on my strategy, I’m getting some good numbers but there are many missed opportunities. It turns out, some kind of combination of Trend Strategy 1, and Trend Strategy 3 (Trend Pop) would be ideal. In the picture below, even though the TRENDDIRECTION indicator has established the trend, the CCI and SSD […]

Making Money on Trends

There are many different opportunities for Trends. Here is what I have discovered. 1) Entry on a slight reversal in a strong trend. So the trend loses a bit of strength which provides an optimal time to enter and continue riding the trend. The example below is from AUDJPY –Mid March to Mid April 2011. […]