cosmicbeing
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Re: Correlation Trading - CCFp_with_rules
Hi Graff,
Thanks so much for your CCFp indicator for MT5. Your efforts are really appreciated.
I'm just starting to learn to code MT5 and your indicator was a good MT5 code model to study and use to build a basic EA to practice with MT5.
After looking at the code, I am very impressed with a number of features you put in. In particular 2 things stand out.
1) You display the pairs and arrows in the sub-window as the MT4 version does...but you auto-sort the pairs . I first though I was seeing things...the pair names actually moved and shifted around... Then I realized they were updating and sorting themselves (I don't know if the MT4 versions sort or not). Interesting. Offers new possibilities.
2) Your rules that you included in the indicator. Fascinating! Your code for the rules look like quantum physics and super-string theory...lol! How did you come up with those rules with all those set currency values and ratios? And how is this algorithm different than other correlation algorithms?
When I first compiled the code, I did find a few compile warnings (no errors - just warnings on Lines 533,534 data type conversions), but so far your CCFp MT5 indicator works fine when placed on a MT5 chart. Great job and thanks again. Members here will appreciate your efforts with this indicator if/when they move to MT5, so they might want to bookmark your post.
Also thanks to NVP and others for sharing your insights on this Correlation Trading thread. Very interesting comments and strategies for using correlations. I'm still learning it like a new language...and still a bit overwhelmed with all the pretty squiggly lines and what they actually mean.
And I'm already in trouble hanging out here. My girlfriend got really jealous and mad at me when I told her I was going to start playing with the ComDolls...!
Good luck and good Forex skills to all,
Robert
Thanks for reply. Currently I'm working on my own indicator for MetaTrader 5 which has the same ideas but different algorithm. Source attached so anyone can try it.
Hi Graff,
Thanks so much for your CCFp indicator for MT5. Your efforts are really appreciated.
I'm just starting to learn to code MT5 and your indicator was a good MT5 code model to study and use to build a basic EA to practice with MT5.
After looking at the code, I am very impressed with a number of features you put in. In particular 2 things stand out.
1) You display the pairs and arrows in the sub-window as the MT4 version does...but you auto-sort the pairs . I first though I was seeing things...the pair names actually moved and shifted around... Then I realized they were updating and sorting themselves (I don't know if the MT4 versions sort or not). Interesting. Offers new possibilities.
2) Your rules that you included in the indicator. Fascinating! Your code for the rules look like quantum physics and super-string theory...lol! How did you come up with those rules with all those set currency values and ratios? And how is this algorithm different than other correlation algorithms?
When I first compiled the code, I did find a few compile warnings (no errors - just warnings on Lines 533,534 data type conversions), but so far your CCFp MT5 indicator works fine when placed on a MT5 chart. Great job and thanks again. Members here will appreciate your efforts with this indicator if/when they move to MT5, so they might want to bookmark your post.
Also thanks to NVP and others for sharing your insights on this Correlation Trading thread. Very interesting comments and strategies for using correlations. I'm still learning it like a new language...and still a bit overwhelmed with all the pretty squiggly lines and what they actually mean.
And I'm already in trouble hanging out here. My girlfriend got really jealous and mad at me when I told her I was going to start playing with the ComDolls...!
Good luck and good Forex skills to all,
Robert