Relative Strength Compare

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This topic contains 19 replies, has 3 voices, and was last updated by avatar StrongRobert 6 minutes ago.

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  • #132826

    Hello Everyone,

     

    New here!

     

    Is it possible to get a value from another forex pair? There is a preloaded indicator called relative strength comparison.  What code could be used to grab a variable from another currency pair?

     

    Apologies if this a nob question or the wrong spot.

     

    Thank You

    Robert

     

    #132862 Score: 0

    What code could be used to grab a variable from another currency pair?

    You can’t do this while a strategy is running Live.

    You could only manually input whatever value you were talking about into your code then run the Strategy.

    If / when the variable from another Fx pair changed you would then have to stop the strategy and start another version with the new value.

    Might work for a daily changed value, Day High etc??

    Or even an Hourly changed value would be less glued to the screen than 100% manual trading??

    #132882 Score: 0

    Thank you very much for your reply and the information.

     

    So I have attached a snapshot of the RSI comparison could it be calling a result then?  I don’t have to do any manual entry required for this. I am manually trading.

     

    Thank You

    Robert

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    #132885 Score: 0

    I don’t understand what you are trying to do or want now?

    If you are manual trading then you can just have two charts running of the forex pairs you are interested in?

    RSI of  Y is strength relative to recent past price changes of Y.

    RSI is not strength relative to price changes of another fx pair.

    EDIT / PS

    Is the chart you show RSI or RS?

    #132964 Score: 0

    Although I am manual trading for now I am trying to build my own indicators and eventually move into algo trading.

    This is RS  on the chart. I am mostly interested in how it appears to be pulling data directly from another pair.

    Please let me know if am just miss interpreting how this indicator is working completely.

    Thank You

     

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    #132970 Score: 0

    This is RS  on the chart. I am mostly interested in how it appears to be pulling data directly from another pair.

    Is that a PRT chart?

    Why / how is it another pair?

    Isn’t it just NZD / USD as a pair?

    #132974 Score: 0

    The Relative Strength (Comparison) indicator works as described in the description for it. You can select whichever instrument to compare another instrument to.

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    #132977 Score: 0

    I am not sure what a PRT chart is I apologize.

     

    So based on the indicator description as this is a preloaded indicator in pro real time is this possible?

     

    #132978 Score: 0

    That is what I was trying to get at but I was told that was not possible. How is it getting data from another chart index or chart or pair?

     

    Thank You

    Robert Strong

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    #132981 Score: 0

    I don’t think that the RS (compared) indicator is one that can be CALLed because it is not possible to call it with a ticker identity – so it is not possible to use the result from it in a strategy unfortunately.

    #132982 Score: 0

    I apologize if I am not understanding or detailing my interests in a way that makes sense.

     

    I’m not interested in the results of the indicator or the indicator. I’m only interested in its apparent ability to get data from another currency pair set and how it could be doing that?

     

     

    #132987 Score: 0

    I apologize if I am not understanding

    It’s okay … I’m not understanding now either! 🙂

    I cant even see / get RS Comparison … is it V11 only Vonasi??

    #132997 Score: 0

    No – it is on v10.3

    #133120 Score: 0

    in its apparent ability to get data from another currency pair set and how it could be doing that?

    IG has the data for another currency pair and so PRT is using that data for the other currency pair to compare whatever Instrument we put in the top Chart … attached I am comparing DJI to DAX.

    Thank You … in trying to help you (apologies for my misinformation about RS) I have found out something new! 🙂

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    #133123 Score: 0

    apologies for my misinformation about RS

    I’ll correct myself … what I originally said was correct as we can’t call Relative Strength in an Auto-System as it doesn’t appear in the List.

    RSI yes but not RS … see attached.

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