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The gg53 "Killing Zone"

  • #21
  • Aug 31, 2012 8:32am Aug 31, 2012 8:32am
Quoting futurespec
DO you have the MQ4 for Gadi_OBV or will the standard OBV do?
Standard OBV will NOT do.

I'll post detailed explanation and formulation of our modification to the standard OBV.

G.
  • #22
  • Aug 31, 2012 8:57am Aug 31, 2012 8:57am
Quoting gg53
Standard OBV will NOT do.

I'll post detailed explanation and formulation of our modification to the standard OBV.

G.
I feel that my previous response required some explanation...

The reason I'm a bit reluctant to post the actual MQ4 source of Gadi_OBV is that I know, from past experience, that it will shortly be SOLD by scammers as the new Super_Duper_Ultimate_Extra_Turbo_NewGeneration Indicator for $97...

I know that EX4 can easilly be cracked - but let them sweat a little...

I'm also sure that I will "surrender" and post it anyway....

G.
  • #23
  • Aug 31, 2012 9:12am Aug 31, 2012 9:12am
G.

I have read the doc from the first post, as well as all your posts in this thread several times.

Based on the charts that you have posted showing the Killing Zone and arrows, I am not positive that I exactly understand how you determine where to start and stop the boundaries of the Killing Zone, as well as the exact trade entries and why you have placed the arrows on the charts exactly where you have.

Could you please clarify those things? I suspect from reading the other posts that I am not the only one who is not clear on these things.

Thanks.
Always a Student, Never a Master - Emulate What Works
  • #24
  • Aug 31, 2012 9:21am Aug 31, 2012 9:21am
Quoting gg53
"Killing Zone" Indicator required - looking for coder.
No indicator, but I made an EA to backtest the system.

One year results enclosed.

I have to add that I do not believe in EAs. Having coded a lot of them I still have to find one that is profitable over a longer time period. I only use EAs for backtesting in order to get a general idea how a system performs.

gary
Attached Image(s) (click to enlarge)
Click to Enlarge Name: TesterGraph.gif Size: 8 KB
Click to Enlarge Name: TesterGraph2.gif Size: 8 KB
Click to Enlarge Name: TesterGraph3.gif Size: 7 KB
Click to Enlarge Name: TesterGraph4.gif Size: 8 KB
  • #25
  • Aug 31, 2012 10:03am Aug 31, 2012 10:03am
Quoting onlyghost
According to what I understand one use PA for determine and draw limits (high and low). Then we decide trade when indi line break limits.

As far as i understand this is a breakout idea centered on indi behavior more than PA. gg53 refers the prediction of indi, but do not explain wich TF is more effective to obtain best performance of prediction.

IMHO, due to a lack of more info so far, i can not call this a system. The uncomfortable thing is the use of high level of discretionary.

Meanwhile I'm testing this idea to realise if it can be used...
First - I'm not in a business of "Convincing"...

Second - There is "discretionary" here. Yes, we developed the system to a level of an EA and some "code" is proprietry. "Code" - not principles and/or Logic - which ae freely discussed here.

The "Killing Zone" is just one part of a complete system - based on price prediction - using pure logical economy pribciples.

I'll share more techniques on how we trade in-trend situations - based on same principles.

If you are looking for the "Holy Grail" Moving-Average combination - I'll reveal those ancient Tibetian guarded secret numbers to you at the end of this post.

Back to basics - VOLUME and DIRECTION dictate price movement and near-future price. Period.

That's what we are trying to do here - empower traders with tools to predict near-future price. This is instead of "TrendLines", MA's, etc. which are all based on history and a hope that it is significant for the near-future.

I don't know about you - but I like to drive my car looking through the front window.
Maybe the reason that we have so many car accidents is because people drive while looking in the rear-view mirror?

Ahhh, almost forgot about the ancient Tibetian magical MA numbers...
Well, it's 12 and 31 (SMMLWM - don't look it up, there is no such thing...).
Those numbers are part of my birthdate. Really magical!!
I use them for years while filling the lottery. Never won a penny...

G.
  • #26
  • Aug 31, 2012 10:05am Aug 31, 2012 10:05am
Quoting RobinHood
G.

I have read the doc from the first post, as well as all your posts in this thread several times.

Based on the charts that you have posted showing the Killing Zone and arrows, I am not positive that I exactly understand how you determine where to start and stop the boundaries of the Killing Zone, as well as the exact trade entries and why you have placed the arrows on the charts exactly where you have.

Could you please clarify those things? I suspect from reading the other posts that I am not the only one who is not clear on these things....
Sorry about that...
I'll post a step by step explanation.

G.
  • #27
  • Edited 10:27am Aug 31, 2012 10:08am | Edited 10:27am
Quoting gms
No indicator, but I made an EA to backtest the system.

One year results enclosed.

I have to add that I do not believe in EAs. Having coded a lot of them I still have to find one that is profitable over a longer time period. I only use EAs for backtesting in order to get a general idea how a system performs.

gary
I don't understnd your "BackTest".
How did you define the "Killing Zone" automatically?
...and no Indicator?!?!

I think you don't understand the concet - and it might be my fault.
I need to post a step by step instructions.

G.
  • #28
  • Aug 31, 2012 11:05am Aug 31, 2012 11:05am
Quoting gg53
I don't understnd your "BackTest".
How did you define the "Killing Zone" automatically?
The "Killing Zone" is defined as per your rules:
Quote:
Definition:
The "Killing Zone" is identified after a big move - followed by a sequence of at least 6-7 bars Up/Down/Up/Down bars.
It doesn't matter what the size of the bars.
A sequence of more than 3 up or 3 down bars mark the end of the "Ranging" or "Killing Zone".


Quoting gg53
I think you don't understand the concet -
Why are you saying that? I understand the concept very well. And it is part of the EA I used for the backtest.

Quoting gg53
...and no Indicator?!?!
An EA does not need an indicator, if the logic is coded into the EA.

But now I also made a separate indicator (enclosed). That's all I could make in 15 min. Pls drag it to the OBV window and note that it will not draw the lines, if there are 3 up or down bars within the last 6-7 bars.

gary
Attached File(s)
File Type: mq4 OBV Lines.mq4   2 KB | 1,634 downloads
  • #29
  • Aug 31, 2012 11:11am Aug 31, 2012 11:11am
Quoting gms
The "Killing Zone" is defined as per your rules:
Quote:
Definition:
The "Killing Zone" is identified after a big move - followed by a sequence of at least 6-7 bars Up/Down/Up/Down bars.
It doesn't matter what the size of the bars.
A sequence of more than 3 up or 3 down bars mark the end of the "Ranging" or "Killing Zone".



Why are you saying that? I understand the concept very well. And it is part of the EA I used for the backtest....
Will check it out right after my guests leave...

G.
  • #30
  • Aug 31, 2012 11:17am Aug 31, 2012 11:17am
Wow !!

I'm sure you all are very rich by now - because you traded the Gold as per my previous post #20 from 3 hrs ago !!

That's a World record for the gold - live from OBV...

Good job guys, you can retire now...

G.
Attached Image (click to enlarge)
Click to Enlarge Name: mod_obv_gold3.gif Size: 27 KB
  • #31
  • Aug 31, 2012 11:20am Aug 31, 2012 11:20am
Can someone refresh my memory as to how you get an indicator to go into the lower window as with the OBV indi posted above?

I have not done it is so long that I have forgotten how.

Thanks.
Always a Student, Never a Master - Emulate What Works
  • #32
  • Aug 31, 2012 11:25am Aug 31, 2012 11:25am
Was going to try and do the indi for you but without the correct mq4 it would appear a worthless task!

Will leave it for someone else to do for you.

M.
If you think I'm mad, I must be mad
  • #33
  • Aug 31, 2012 11:42am Aug 31, 2012 11:42am
Quoting futurespec
Was going to try and do the indi for you but without the correct mq4 it would appear a worthless task!

Will leave it for someone else to do for you.

M.
futurespec,

Why?
The required indi will only be shown on the chart for easy identification of the "Killing Zone".
The next step will be modifying Gadi_OBV to reflect the new indi.

The reason for the two-step implementation is that we want to test it, perfect it, optimize it - and only after that - implement it on Gadi_OBV.

Thanks for your willingness.

G.
  • #34
  • Aug 31, 2012 11:48am Aug 31, 2012 11:48am
I can't relax from the Gold trade (post#30). Wow !

It happened to me only once before - during the tsunami and Fukoshima in Japan. Against all odds the JPY soar and soar.

G.
  • #35
  • Aug 31, 2012 12:04pm Aug 31, 2012 12:04pm
Quoting RobinHood
Can someone refresh my memory as to how you get an indicator to go into the lower window as with the OBV indi posted above?

I have not done it is so long that I have forgotten how.

Thanks.
Draw it from the Navigator window (Sections Custom indicators) to the lower chart window with your mouse.

gary
  • #36
  • Edited 1:16pm Aug 31, 2012 12:25pm | Edited 1:16pm
Ok this is my take on the first part of your request.
If my interpretation is wrong just let me know.

M.

EDIT: Slight update, file moved later post
If you think I'm mad, I must be mad
  • #37
  • Aug 31, 2012 12:25pm Aug 31, 2012 12:25pm
Quoting gms
The "Killing Zone" is defined as per your rules:
Quote:
Definition:
The "Killing Zone" is identified after a big move - followed by a sequence of at least 6-7 bars Up/Down/Up/Down bars.
It doesn't matter what the size of the bars.
A sequence of more than 3 up or 3 down bars mark the end of the "Ranging" or "Killing Zone".



Why are you saying that? I understand the concept very well. And it is part of the EA I used for the backtest....
gary,

It just says "No Killing Zone" (on top left) - which is correct for current chart.

I was hoping to see ALL "Killing Zones" within the last 200 bars - in order to optimize/suggest etc.

Also - we need external parametrs for the "big move" definition, end of KZ bars, minimal number of bars.

Thanks for your effort.

G.
  • #38
  • Aug 31, 2012 12:28pm Aug 31, 2012 12:28pm
Quoting futurespec
Ok this is my take on the first part of your request.
If my interpretation is wrong just let me know.

M.

M,

Hey, that was faster than quick...
Checking...

G.
  • #39
  • Aug 31, 2012 12:41pm Aug 31, 2012 12:41pm
Quoting futurespec
Ok this is my take on the first part of your request.
If my interpretation is wrong just let me know.

M.
M,

Implemented it on the Gold chart - Resulting in just one RED line in the wrong place.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: killingzone.gif Size: 25 KB
  • #40
  • Edited 1:17pm Aug 31, 2012 12:50pm | Edited 1:17pm
Will look another day.
Why is it in wrong place?
It is on 1st bar after last big move (prev bar * 2). Thought that what you wanted?

My chart shown but couple of mods since posted.
(added min size for large move bar)

M.
Attached Image
Attached File(s)
File Type: mq4 mn KillingZone.mq4   4 KB | 1,277 downloads
If you think I'm mad, I must be mad
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