IPDA AND PD RANGES.
Interbank Price Delivery Algorithm (IPDA) Range
Liquidity and trades in the FX market take place in a decentralized manner as banks, brokers and electronic communication networks (ECNs) interact with one another to set prices. In FX, and ECN is a trading platform or electronic broker that hosts bids and offers and transmit them to users worldwide.
ECN broadcasts a price around the world as various participants leave orders to buy and sell. Banks provide streaming prices based on what the ECNs are showing, and retail FX platforms stream retail traders a price based on the bank streams.
Premium Discount (PD) Range
If an items has a generally accepted price, from 0 to the Fair value, it would be considered cheap, hence that defines the Discount Range, From fair value to highest price that can be paid above is Premium amount for the commodity.
User Guide (How to Use)
1) Adjusting the Start
Click on the “Start” line, once it is highlighted, drag to the preferred point on the chart.
Note: it can also be adjusted from the properties menu of the indicator.
2) Adjusting the Terminus
The “terminus” is the end point on the chart where the right labelare to be placed. It can be adjusted from the chart by clicking on and dragging any of the following Price tag:
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3) Adjusting the PD Range
Clicking on either the “PD Discount” or “PD Premium” Lines, drag to the new point where you want these lines to be placed on the chart.
Note: You could drag the point on the left (Point opposite the price label), of the forementioned to get your desired result.
4) Working with either PD Range or IPDA Range alone
In the Properties menu, you could decide to show or hide any of the above, which would remove it from the chart in view, with the exception of the start Line, which is always present in all mode.
Miscellanous
- Change the Colour the lines by changing the colour in the properties window:
Short Code | Meaning |
St | Start |
T2 | 20 Days |
F4 | 40 Days |
S6 | 60 Days |
Pre | PD Premium |
Dis | PD Discount |
Equ | PD Equilibrium |
Upre | PD Upper Premium |
Ldis | PD Lower Discount |
OH | Old High |
OL | Old Low |
OHB | Old High Below (Current Price) |
OLA | Old Low Above (Current Price) |
If a line colour is not set or an incorrect value is entered, the default colour would be used be used instead.
- Chart Caption
The caption uses the Chart foreground colour in its display.
[spoiler title=”Read More…”]
IPDA AND PD RANGES.
Interbank Price Delivery Algorithm (IPDA) Range
Liquidity and trades in the FX market take place in a decentralized manner as banks, brokers and electronic communication networks (ECNs) interact with one another to set prices. In FX, and ECN is a trading platform or electronic broker that hosts bids and offers and transmit them to users worldwide.
ECN broadcasts a price around the world as various participants leave orders to buy and sell. Banks provide streaming prices based on what the ECNs are showing, and retail FX platforms stream retail traders a price based on the bank streams.
Premium Discount (PD) Range
If an items has a generally accepted price, from 0 to the Fair value, it would be considered cheap, hence that defines the Discount Range, From fair value to highest price that can be paid above is Premium amount for the commodity.
User Guide (How to Use)
1) Adjusting the Start
Click on the “Start” line, once it is highlighted, drag to the preferred point on the chart.
Note: it can also be adjusted from the properties menu of the indicator.
2) Adjusting the Terminus
The “terminus” is the end point on the chart where the right labelare to be placed. It can be adjusted from the chart by clicking on and dragging any of the following Price tag:
|
|
|
|
|
3) Adjusting the PD Range
Clicking on either the “PD Discount” or “PD Premium” Lines, drag to the new point where you want these lines to be placed on the chart.
Note: You could drag the point on the left (Point opposite the price label), of the forementioned to get your desired result.
4) Working with either PD Range or IPDA Range alone
In the Properties menu, you could decide to show or hide any of the above, which would remove it from the chart in view, with the exception of the start Line, which is always present in all mode.
Miscellanous
- Change the Colour the lines by changing the colour in the properties window:
Short Code | Meaning |
St | Start |
T2 | 20 Days |
F4 | 40 Days |
S6 | 60 Days |
Pre | PD Premium |
Dis | PD Discount |
Equ | PD Equilibrium |
Upre | PD Upper Premium |
Ldis | PD Lower Discount |
OH | Old High |
OL | Old Low |
OHB | Old High Below (Current Price) |
OLA | Old Low Above (Current Price) |
If a line colour is not set or an incorrect value is entered, the default colour would be used be used instead.
- Chart Caption
The caption uses the Chart foreground colour in its display.
IPDA AND PD RANGES.
Interbank Price Delivery Algorithm (IPDA) Range
Liquidity and trades in the FX market take place in a decentralized manner as banks, brokers and electronic communication networks (ECNs) interact with one another to set prices. In FX, and ECN is a trading platform or electronic broker that hosts bids and offers and transmit them to users worldwide.
ECN broadcasts a price around the world as various participants leave orders to buy and sell. Banks provide streaming prices based on what the ECNs are showing, and retail FX platforms stream retail traders a price based on the bank streams.
Premium Discount (PD) Range
If an items has a generally accepted price, from 0 to the Fair value, it would be considered cheap, hence that defines the Discount Range, From fair value to highest price that can be paid above is Premium amount for the commodity.
1) Adjusting the Start
Click on the “Start” line, once it is highlighted, drag to the preferred point on the chart.
Note: it can also be adjusted from the properties menu of the indicator.
2) Adjusting the Terminus
The “terminus” is the end point on the chart where the right labelare to be placed. It can be adjusted from the chart by clicking on and dragging any of the following Price tag:
- PD Discount
- PD Premium
- PD Equilibrium
- 20 Days Low/High
3) Adjusting the PD Range
Clicking on either the “PD Discount” or “PD Premium” Lines, drag to the new point where you want these lines to be placed on the chart.
Note: You could drag the point on the left (Point opposite the price label), of the forementioned to get your desired result.
4) Working with either PD Range or IPDA Range alone
In the Properties menu, you could decide to show or hide any of the above, which would remove it from the chart in view, with the exception of the start Line, which is always present in all mode.
- Change the Colour the lines by changing the colour in the properties window:
Short Code | Meaning |
St | Start |
T2 | 20 Days |
F4 | 40 Days |
S6 | 60 Days |
Pre | PD Premium |
Dis | PD Discount |
Equ | PD Equilibrium |
Upre | PD Upper Premium |
Ldis | PD Lower Discount |
OH | Old High |
OL | Old Low |
OHB | Old High Below (Current Price) |
OLA | Old Low Above (Current Price) |
- Change the Colour the lines by changing the colour in the properties window:
St
Start
T2
20 Days
F4
40 Days
S6
60 Days
Pre
PD Premium
Dis
PD Discount
Equ
PD Equilibrium
Upre
PD Upper Premium
Ldis
PD Lower Discount
OH
Old High
OL
Old Low
OHB
Old High Below (Current Price)
OLA
Old Low Above (Current Price)
If a line colour is not set or an incorrect value is entered, the default colour would be used be used instead.
- Chart Caption
The caption uses the Chart foreground colour in its display.
[/spoiler]