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The gg53 "Killing Zone"

  • #121
  • Sep 2, 2012 9:49am Sep 2, 2012 9:49am
Quoting EaglePip
Thanks gg for the concept, and Jusiur for starting this thread.
To help visualise the killing zone better, have put together an indicator to:
1. Identify Last Big Move - Red Arrows. It Uses a Factor(1.5) times ATR14.
2. Consecutive bars for Resetting the Killing Zone.
Pink Arrows-Bearish
Aqua Arrows- Bullish

However, looking at the chart, it might be possible to ignore some consecutive bars that fall within the range of the initial 6-7 bar killing zone.
EP
EP,
Reviewing your chart again, my "Killing Zone" extends 9 more bars to the right than yours.

G.
  • #122
  • Edited 11:18am Sep 2, 2012 10:35am | Edited 11:18am
I went to the park the other day and watched two kids playing on the Teeter-Totter.
They played for hours - Up, Down, Up and Down.

I knew them: they are Mr. Buyer and Mr. Seller.
And they were very happy - shifting their weight from one side to the other. Back and forth, Back and forth...

Suddenly came another kid. Really average looking one.
I knew him too. His name is Mr. GameChanger.

...and he joined Mr. Buyer side on the Teeter-Totter.

...and you already know what happened next.

Moral:
It's NOT the "height" of Mr. GameChanger that changed the equilibrium.
It's the "weight" - i.e. VOLUME.

G.
Attached Image
  • #123
  • Sep 2, 2012 2:09pm Sep 2, 2012 2:09pm
G,
What you doing playing in the park when you should be sorting the indi ? ;-)

Try the attached and see if close to what you want.
Big move set to bar body NOT the H/L which is what I believe you asked for somewhere along the line.
So far no allowance made for Fridays.


M.
Attached File(s)
File Type: mq4 mn KillingZone v1.0.mq4   7 KB | 689 downloads
If you think I'm mad, I must be mad
  • #124
  • Sep 2, 2012 2:43pm Sep 2, 2012 2:43pm
Quoting futurespec
G,
What you doing playing in the park when you should be sorting the indi ? ;-)

Try the attached and see if close to what you want.
Big move set to bar body NOT the H/L which is what I believe you asked for somewhere along the line.
So far no allowance made for Fridays.


M.
M,

Thanks.
I believe that the Friday trading issue should belong to the Trading Management - not the indicator part.

Leaving the park and going to test...

Thanks again !!

G.
  • #125
  • Sep 2, 2012 3:07pm Sep 2, 2012 3:07pm
Quoting futurespec
G,
What you doing playing in the park when you should be sorting the indi ? ;-)

Try the attached and see if close to what you want.
Big move set to bar body NOT the H/L which is what I believe you asked for somewhere along the line.
So far no allowance made for Fridays.


M.
M,

Great !

1. Major issue - the START is wrong. Bars 3, 4, 5 are all down. End signal before Start.

2. Minor issue - please Extend the horizontal lines to the right - so we can see the volume value for trading breakout.

3. Very minor issue - exchange the "Start" vertical line as WHITE and the "End" vertical line as RED.

4. Question - What is the MinBarSize external parameter?

Thanks !

G.
Attached Image (click to enlarge)
Click to Enlarge Name: auto_killing_zone.gif Size: 28 KB
  • #126
  • Sep 2, 2012 3:37pm Sep 2, 2012 3:37pm
Quoting futurespec
G,
What you doing playing in the park when you should be sorting the indi ? ;-)

Try the attached and see if close to what you want.
Big move set to bar body NOT the H/L which is what I believe you asked for somewhere along the line.
So far no allowance made for Fridays.


M.
M,

Tested on other TF's.
Missing new High (my YELLOW line).
This will give us some pips on the next breakout...

Thanks for all your efforts !!

G.
Attached Image (click to enlarge)
Click to Enlarge Name: auto_killing_zone2.gif Size: 26 KB
  • #127
  • Sep 2, 2012 9:00pm Sep 2, 2012 9:00pm
Quoting gg53
EP,
Reviewing your chart again, my "Killing Zone" extends 9 more bars to the right than yours.

G.
OK gg, I modified the indicator to signal Big Move bars when compared to previous bar instead of ATR.
Also corrected the consecutive bar signals.
Now, as this strategy relies totally on Gadi_OBv breakout, I just want to clarify the definition of the Killing zone.
This will be easier to do by referring to numbers on the chart.
1. As I understand, your "killing zone' - 9 bars longer.
2. Each Blue arrow is third consecutive higher bar.
3. Each Pink arrow is third consecutive lower bar.
There are 2 blue arrows in that "killing zone"
They do not satify the 6 or 7 up/down/up bars, requirement.
Should they be igonored and if so, on what basis?
Attached Image (click to enlarge)
Click to Enlarge Name: eu19.gif Size: 42 KB
  • #128
  • Sep 3, 2012 12:30am Sep 3, 2012 12:30am
G,

1. Major issue - the START is wrong. Bars 3, 4, 5 are all down. End signal before Start.

2. Minor issue - please Extend the horizontal lines to the right - so we can see the volume value for trading breakout.

3. Very minor issue - exchange the "Start" vertical line as WHITE and the "End" vertical line as RED.

4. Question - What is the MinBarSize external parameter?

1. Need more clarification...... how can you have an end zone before Start is set (start requires 6+ bars).
2. ok ... needs some thought. If done for the last zone then all previous zones would then extend that far and mess up the indi.
3. ok
4. The minimum size of bar that is before the start bar that can count as start point.

M.
Attached File(s)
File Type: mq4 mn KillingZone v1.0.mq4   7 KB | 489 downloads
If you think I'm mad, I must be mad
  • #129
  • Edited 3:48am Sep 3, 2012 12:38am | Edited 3:48am
re post #126
yellow line would have been there at the time. It gets shifted to latest zone as time progresses.

EDIT:
Extended lines as requested.

Will look at the 'major issue' if I get time later.

M.
Attached File(s)
File Type: mq4 mn KillingZone v1.1.mq4   8 KB | 617 downloads
If you think I'm mad, I must be mad
  • #130
  • Edited 6:45am Sep 3, 2012 5:38am | Edited 6:45am
Quoting EaglePip
OK gg, I modified the indicator to signal Big Move bars when compared to previous bar instead of ATR.
Also corrected the consecutive bar signals.
Now, as this strategy relies totally on Gadi_OBv breakout, I just want to clarify the definition of the Killing zone.
This will be easier to do by referring to numbers on the chart.
1. As I understand, your "killing zone' - 9 bars longer.
2. Each Blue arrow is third consecutive higher bar.
3. Each Pink arrow is third consecutive lower bar.
There are 2 blue arrows in that "killing zone"
They do not...
EaglePip,

"Killing Zone" is defined in the my "Forum Agenda" post - http://www.forexfactory.com/showthread.php?p=5977852#post5977852

I don't have your indicator - so I have to rely on your posted chart.

1. As far as I can see from your chart - there is a ZERO pips bar (pin bar) that doesnt' count for "consecutive" 3 bars end. Therefor I counted real 3 consecutive up bars - which are 9 bars to right than your end bar.
If I'm wrong - sorry - but without the indicator it looks like a pin bar to me.

I don't understand the 2 & 3 issues.
Please refer to the "Forum Agenda" indicator logic (marked as a,b,c...) - and ask based on that.

Again, I'm sorry for not responding to the point - but it's very difficult to answer based on an image only.

G.

EDIT:
Pls see ammendment in post #132.
http://www.forexfactory.com/showthread.php?p=5979735#post5979735
  • #131
  • Sep 3, 2012 5:43am Sep 3, 2012 5:43am
Quoting futurespec
G,

1. Major issue - the START is wrong. Bars 3, 4, 5 are all down. End signal before Start.

2. Minor issue - please Extend the horizontal lines to the right - so we can see the volume value for trading breakout.

3. Very minor issue - exchange the "Start" vertical line as WHITE and the "End" vertical line as RED.

4. Question - What is the MinBarSize external parameter?

1. Need more clarification...... how can you have an end zone before...
M,

1. A "Start" must satisfy TWO conditions - "Big Move" AND 6(?) consecutive...
.
.
.
4. Ok - Let me think about that - new feature...

Thanks a lot, M.

G.
  • #132
  • Edited 8:27am Sep 3, 2012 6:03am | Edited 8:27am
Quoting EaglePip
OK gg, I modified the indicator to signal Big Move bars when compared to previous bar instead of ATR.
Also corrected the consecutive bar signals.
Now, as this strategy relies totally on Gadi_OBv breakout, I just want to clarify the definition of the Killing zone.
This will be easier to do by referring to numbers on the chart.
1. As I understand, your "killing zone' - 9 bars longer.
2. Each Blue arrow is third consecutive higher bar.
3. Each Pink arrow is third consecutive lower bar.
There are 2 blue arrows in that "killing zone"
They do not...
EaglePip,

Ammendment to my previous post #130 - http://www.forexfactory.com/showthread.php?p=5979672#post5979672

Your Gadi_OBV horizontal line are CORRECT up to the first breakout.
At that breakout you trade (BUY) and leave the MM to handle that trade.
After that breakout, the HIGH of the "Killing Zone" should be moified to reflect the new High of Gadi_OBV.

Two consecutive Up's or Down's bars are Ok within the "Killing Zone" - they satisfy the rule that [N-1] is acceptable - where N is the number of "consecutive same direction" bars that signals the END.

Your "END" signal is also correct.

Your Gadi_OBV breakout signals 2 BUY trades.
Both looks like very profitable and much before bar close.
The second one looks like a "retirement plan" - gazilion pips...

Is that chart done manually or an indicator?

Thanks.

G.
  • #133
  • Sep 3, 2012 7:20am Sep 3, 2012 7:20am
Quoting alij79
what should be the exit strategy, nothing has been discussed abt it ?
alij79,

See post #7 - Trade Management / MM - http://www.forexfactory.com/showthread.php?p=5972737#post5972737

Or you can use your own MM.

G.
  • #134
  • Sep 3, 2012 7:34am Sep 3, 2012 7:34am
The start bar issue now hopefully resolved.

M.
Attached File(s)
File Type: mq4 mn KillingZone v1.1.mq4   8 KB | 897 downloads
If you think I'm mad, I must be mad
  • #135
  • Sep 3, 2012 7:38am Sep 3, 2012 7:38am
Nvp, please try to PM me about posting issue.
Humble & Kalcker CLO2 = Covid killer
  • #136
  • Sep 3, 2012 7:56am Sep 3, 2012 7:56am
Quoting gg53
EaglePip,

"Killing Zone" is defined in the my "Forum Agenda" post -
Gg,
I went back and re read your previous posts, and I realise that you wish to optimize some of the criteria, like 3 bar and and the 6/7 bar condition for establishment of the killing field.
The indicator I used is attached. It should help visualise better the Big Bars and the 3 Bar End.
The current version flags big bar by body, but from observation, it appears that total candle range may be a better option.
Ep
Attached File(s)
File Type: mq4 gg53kf.mq4   6 KB | 930 downloads
  • #137
  • Sep 3, 2012 8:09am Sep 3, 2012 8:09am
Quoting futurespec
The start bar issue now hopefully resolved.

M.
M,

THANKS A MILLION...

Going to test in a few hours.

Thanks again!

G.
  • #138
  • Sep 3, 2012 8:22am Sep 3, 2012 8:22am
Quoting EaglePip
Gg,
I went back and re read your previous posts, and I realise that you wish to optimize some of the criteria, like 3 bar and and the 6/7 bar condition for establishment of the killing field.
The indicator I used is attached. It should help visualise better the Big Bars and the 3 Bar End.
The current version flags big bar by body, but from observation, it appears that total candle range may be a better option.
Ep
EaglePip,

In order to get an optimized horizontal lines indicator - we need the main parameters to be EXTERNAL.

The one's I gave as DEFAULT are my experience - but it's very subjective, manual, and really NOT thoroughly tested.



I'm (almost) sure that 6-7 is NOT the correct number for larger TF's.
The shorter the TF's - the longer that sequence and vice versa.
That's why we need those parameters externalized.

After testing we can automate it to recognize the current TF and adjust automatically.

Thanks for your effort !!
... and going to test in few hours...

G.
  • #139
  • Sep 3, 2012 8:30am Sep 3, 2012 8:30am
Quoting gg53
EaglePip,

In order to get an optized horizopntal lines indicator - we need the main parameters to be EXTERNAL.


G.
The coding to externalise bar counts is a bit more involved.
Futurespec is definitely your man there.
EP
  • #140
  • Sep 3, 2012 8:50am Sep 3, 2012 8:50am
Quoting EaglePip
Gg,

...The current version flags big bar by body, but from observation, it appears that total candle range may be a better option.
Ep
EaglePip & All,

"Big Bar" issue - High/Low or Open/Close:

We try to base the whole concept on simple ECONOMY rules and Logic.

To me - if I listen carefully to Mr. Forex - a BIG High/Low bar difference with a small Open/Close diference suggest that I "missed the train".
Here is why:
There was a large VOLUME that push the price very strongly upward or downward. Hence the big High/Low difference.
As time goes by, and the bar is not yet closed, the price slowly settled down - hence the low difference between Open/Close - so at the bar close - the price is already in some kind of equilibrium (and I missed that train...).

On the other hand - if the Open/Close difference is BIG after bar close - that means that we are going to face a "settling down" period ahead - i.e. the "Killing Zone".

Does that sounds logical to you?

G.
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