Hello Community,

Here is an edited version of a trend strength multi pair indicator. I edited the number of pairs to include the majors, minors and gold. I didn't include the other commodities because the original author didn't explicitly say it was possible. At this point it looks like a grid of different colored squares on the chart with no time frame or currency pair information, but it might be entertaining to cozy up to with enough social lubrication, which is essentially how I have been trading to date. My thinking is that it could be used as a model to be developed into something that helps identify entries and exits using the MTF aspect. The original authors post is still in the codebase at the mql website for reference. I thought it would be cool to modify it to use the 38 and counting averages, and 33 and counting prices to determine strength from a price/volatility/range/trend/percent change etc. perspective, and use the attached tick indicator to calculate different tick, volume, time and spread metrics to determine strength through those respective metrics, their respective individual derivatives and their respective and collective combinations i.e. VWAP, EVMA, TVI, Spread tracker, Volume Profile, Specialized Renko (See attached images) etc. Keeping the MTF structure for each respective metric would keep the indicator useful for determining entries and exits from within the indicator even just for manual trading. I don't know how to do any of that but i would love to learn as soon as the sauce from this most recent coding attempt wears off... Is there anyone here who can spare a coding compass for a new coder? I haven't gone through the entire mql site for instruction because I think it would be better to apprentice with a more experienced coder even if all they did was point me in the direction of books/sites/threads etc. to read. I am trying to develop on the ea builder framework while I learn to code so I need to know how to develop in that direction at least for now. I included a correlations table for reference to assist newer traders in understanding how to better trade the USD Basket and for consideration as an additional metric for inclusion in projects on the forum. EURUSD, GBPUSD, AUDUSD, NZDUSD generally move in the same direction. USDCAD, USDCHF and USDJPY generally move in the same direction. The first group also generally moves in the opposite direction of the second group. If one or several pairs in the first group is trending upwards it is advised to buy all four pairs in the first group and sell the three pairs in the second group. The inverse is also true which would mean selling the first group while buying the second group. In conclusion, GENERALLY, BUT NOT ALWAYS, any buy or sell trades placed for the first group should have the opposite trades placed for the second group. The attached USDX indicator shows if the USD is trending upwards or downwards through its use of moving averages. It can be used to trade the major pairs in the two groups of the USD basket. If the USD is trending upwards, sell the first group and buy the second group. If the USD is trending downwards, buy the first group and sell the second group. The attached DollarIndex file does the same thing but only considers volume and not price action. If the value/line is above the midline, sell the first group and buy the second group. If the value/line is below the midline, buy the first group and sell the second group. Adapting the attached WelchBBWidth indicator to be calculated using the parameters for the calculation of the USDX and DollarIndex indicators would give us indications of directional price action and directional volume action volatility changes to keep us out of liquidity sweeps and give us directional trade indications. These signals would be better confirmed with a MTF/AHTF aspect. Adapting the Renko model to introduce these indications would make it a more robust system and help with the range-bound liquidity-sweep equity-monsters that the renko system is so vulnerable to. This could be achieved, at least in part, with the attached indicators. ATR and Spread considerations for box sizes, trade entries and exits, and even just staying out of the market would also address some of the weaknesses in the renko approach to trading. A time segmented volume/price/range/spread/time (see attached tick indicator and Time Segmented Volume indicator) aspect would help with forecasting metrics along their respective and collective individual and combined parameters as well as for the USDX, Dollar Index, WelchBBWidth and multipair currency/trend strength indicators. Modifications to these indicators to include the already coded 38 and counting averages, and 33 and counting prices, and volume metrics would make them more comprehensive, and therefore, more effective for profitable trading. Calculation of multi pointed divergences, as referenced in my earlier posts, using these different tick/price/spread/time/Bid/Ask/BidAsk/Mean (see attached tick indicator), averages, prices, volumes, multipair currency/trend strength, and time segmented metrics would make the divergence model more comprehensive, and therefore, more effective for profitable trading. Since forecasting relies on data already received, the forecasting metrics would be greatly enhanced by using these updated, more comprehensive, indicators (see attached marney_volume_indicator-extended and marney_range_indicator-extended indicators). Many thanks in advance for your considerations and contributions.

Sincerely (if not inspired to humor)

RauHer