So I have created a Macro Score Differential spreadsheet on excel, it may or may not help people but I find it gives me a much faster view of what pairs to look into first.
This differential scale gives me a quick view of the strongest currencies vs the weakest currencies based on the Macro scores. The differential just shows the biggest differences between the currencies. It does not automatically give me biases but gives me a good idea of which pairs to look at first.
The top of the scale is more likely to be a long bias (positive diff) and the bottom of the scale is more likely to be short bias (negative diff) for the respective currency pair. Once I have an idea of what to look at, I can use the LogikFX score comparison and check the past 7 weeks data to gain a much clearer, in-depth picture.
It was more of a random creation to see if it did help at all but has been useful to me so far! What do you think?
I like the filtering method Kieran very forward thinking, just be careful of double negatives/ positives showing a positive differential! Ideally, want the base to be opposite to the quote e.g. base is positive, quote is negative for a long and vice versa Good work :)
Hi Kieren, that would be great, thanks. And happy to help out with any improvements in return.
Hi Kieren, this is a great idea. I was thinking of doing the exact same thing. I would live a copy if you are comfortable with sharing. Thanks in advance either way.
I'm liking this excel spreadsheet you made Kieran!