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[QUOTE="TradeChaser, post: 204984, member: 66787"] Another note - I am curious about your premise of this indicator and if it holds promise. The idea is not just to examine the explicit WPR of a pair. Rather, the cross will only happen when the entirety of the first pair is stronger (per the WPR) than the cross currency in its entirety. Naturally, using different Time Frames can offer a unique MTF look. Also, with this method, I think there is room for numerous use cases. One such would be to look when the pair is at extreme opposites of the WPR. Or, when Currency A is stronger in a larger time frame but Currency B tops out in the lower tf. Could be a large scale shift, but perhaps could be a higher Low/Lower High - continuation of the higher TF trend. The list can go longer, but I suppose the promise I see here is not just what is the MTF analysis of the Weekly, Daily, and 4H GBP/JPY. Rather, you can get the Weekly, Daily, and 4H of the entire GBP and entire JPY and proceed. I feel that is so much more information allowed to the trader. [/QUOTE]
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