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In this example you should use the buy-bid if you expect FPI to rise and the opposite if you expect it to fall. Michal Kreslik This topic is complex (at least for me) and i have some questions. I can make a buy-bid ring: Buy EUR/USD Buy USD/CHF Sell EUR/CHF And i can make a sell- Ask ring Sell EUR/...

Michal, But my question is when I need to enter trade? I mean as the indicator is showing both (lower & upper) values as <1. Per my understanding (please forgive me if I'm wrong) we should enter trade(s) when the value is <1 and close the trade when the value is >1. I'm confused as both the uppe...

Hmm..Please forgive me for this..where do I need to calculate the correct Bid or Ask sides for this ring? Simple:[list][*]use Ask price for FX symbol that is Bought [*]use Bid price for FX symbol that is SoldShort [/list:u]Michal Michal, You mean to determine the number lots for each pair to trade?...

Michal,

Hmm..Please forgive me for this..where do I need to calculate the correct Bid or Ask sides for this ring?

Thanks
Deepleo

Eagles, Thank you very much for the indicator. I set the indicator on EURGBP [15 MIN] But it's showing the values less than 1 on the bottom and top. Please see the screen-shot. Can you please explain how to translate the indicator to enter trade(s)? http://kreslik.com/forums/userpix/686_fpi_1.gif Th...