Topic: Picking Currency Pairs to trade

You might have a look at this page in order to choose whatever pairs you want to trade

https://www.mataf.net/en/forex/tools/volatility

It makes a huge difference in returns!

Have fun.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Picking Currency Pairs to trade

Blaiserboy wrote:

You might have a look at this page in order to choose whatever pairs you want to trade

https://www.mataf.net/en/forex/tools/volatility

It makes a huge difference in returns!

Have fun.

Nice tools, thank's

"Luck is when preparation meets opportunity"

Re: Picking Currency Pairs to trade

I should have mentioned that months and years ago, never thought of it until a couple hours ago.

I use that page and a couple others all the time to pick pairs.

I trade the longer time frames and sometimes some humungous profits

easy work. lol

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Picking Currency Pairs to trade

Thanks for the info.  Extremely useful for those doing manual trading.

It would be good to incorporate volatility into our EA, so that we don't have to keep referring to this website, checking when is the right time to enter.  You may want to consider using Price Volume Indicator for such function.  Some of my EA utilize this Price Volume Indicator.  It gives rather good results too.  And also help to eliminate side way trending or prevent entries during lull periods. 

http://forexsb.com/forum/post/34003/#p34003

Other indicators to consider, with similar concept is the CCI Buy/Sell Zones Indicator (also gives good results) and the Sonic Indicators (e.g. enters when there is a Bullish Bar with rising Volume).  All these above indicators are in FSB's Online Repository, under "Indicator".  Users can either download directly using FSB, click "Repository" tab and under the "Indicator" tab, choose which indicators to down load. Or download using FSB website.  I prefer using FSB software directly.

Hannah

Re: Picking Currency Pairs to trade

I was trying to illustrate that some pairs are better than others.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Picking Currency Pairs to trade

Sorry Dave, I missed your point.

So what's the criteria for picking which pair? Do you look at the Pips, $ or % for your selection?

Hannah

Re: Picking Currency Pairs to trade

sort the list to see which has the highest pip total, that is the most volatile, meaning that pair travels the furthest daily.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Picking Currency Pairs to trade

It´s better to sort by % instead of pips, since pips for example for EURNOK are huge, but % is not, simply for the reason of the price EURNOK has in general. XAGUSD for example has a tiny pips range, yet one of the largest % change. So you really want to look for % instead of pips when determining the most volatile pairs.