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The gg53 "Killing Zone"

  • #201
  • Sep 5, 2012 1:23am Sep 5, 2012 1:23am
Hi gg53

Just a quick question. Is there a reason why you only use 5pips trailing stop.

Have you tried other parameters.

Cheers
Roi
With God its impossible to lose
  • #202
  • Sep 5, 2012 1:24am Sep 5, 2012 1:24am
I have the same 1H signals on eur Jpy and GBP Jpy. I do not have one for usd Jpy as per the indi.
  • #203
  • Sep 5, 2012 1:34am Sep 5, 2012 1:34am
it would be very handy to have an alert with the indi for breakouts of obv killing zone for multi pair trading.
  • #204
  • Sep 5, 2012 1:41am Sep 5, 2012 1:41am
i think testing parameters like the TS for different time frames and currency pairs would be easier with a functioning ea when we get to that point. forward testing multiple setups and comparing results across currency pairs is much easier with an ea.
  • #205
  • Sep 5, 2012 1:48am Sep 5, 2012 1:48am
Quoting panamamike
i think testing parameters like the TS for different time frames and currency pairs would be easier with a functioning ea when we get to that point. forward testing multiple setups and comparing results across currency pairs is much easier with an ea.
Hi Panama Mike

I will assume because there is an expectance of volitility at the volume increase that it should give you some pips and if it fails then you are out with minor damage. That's my take on it anyway. i.e if the volume pushes it up to 50 pips and it drops back 5 pips you are out with 45 pips.
With God its impossible to lose
  • #206
  • Sep 5, 2012 1:50am Sep 5, 2012 1:50am
Quoting rglenn
Hi gg53

Just a quick question. Is there a reason why you only use 5pips trailing stop.

Have you tried other parameters.

Cheers
Roi

rglenn,

I'm not using only 5 pips trailing stop.
I start with bigger numbers and reducing it slowly as I approch TP or market conditions change.
  • #207
  • Sep 5, 2012 1:53am Sep 5, 2012 1:53am
Quoting panamamike
I have the same 1H signals on eur Jpy and GBP Jpy. I do not have one for usd Jpy as per the indi.
panamamike,

Here's mine. Strange...

G.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.gif Size: 25 KB
  • #208
  • Sep 5, 2012 1:53am Sep 5, 2012 1:53am
Quoting gg53
rglenn,

I'm not using only 5 pips trailing stop.
I start with bigger numbers and reducing it slowly as I approch TP or market conditions change.
That makes more sense. Ideally the TS would be a function of the recent HL or ATR, then tightening as it approaches the TP. Just my .02
  • #209
  • Sep 5, 2012 1:55am Sep 5, 2012 1:55am
Quoting panamamike
it would be very handy to have an alert with the indi for breakouts of obv killing zone for multi pair trading.
panamamike,

I'll add it to my wish-list as soon as we get more responses from this forum.
So far very few responses... Shame...

G.
  • #210
  • Sep 5, 2012 1:58am Sep 5, 2012 1:58am
Quoting panamamike
That makes more sense. Ideally the TS would be a function of the recent HL or ATR, then tightening as it approaches the TP. Just my .02
panamamike,

Can you submit such function for the benefit of all?
I'm not using ATR for that - I'm using proportion to TP, calculated from initial TS.

G.
  • #211
  • Sep 5, 2012 1:59am Sep 5, 2012 1:59am
I will post a screen shot of mine if you don't mind telling me what you used to take your screen shot.
  • #212
  • Sep 5, 2012 2:15am Sep 5, 2012 2:15am
EURUSD H1 also broke the asian session for +13pips.
Closed by TS for +8 pips.

G.
  • #213
  • Sep 5, 2012 2:18am Sep 5, 2012 2:18am
Quoting panamamike
I will post a screen shot of mine if you don't mind telling me what you used to take your screen shot.

panamamike,

I posted my screenshot - or I don't understand...

G.
  • #214
  • Sep 5, 2012 2:21am Sep 5, 2012 2:21am
Lol. How do I take and post a screenshot? Do u use a special program for that? Never done it actually.
  • #215
  • Sep 5, 2012 2:26am Sep 5, 2012 2:26am
Quoting gg53
panamamike,

Can you submit such function for the benefit of all?
I'm not using ATR for that - I'm using proportion to TP, calculated from initial TS.

G.
I use MPTM created by Steve hopwood to manage the open trades for this. He no longer posts on FF. The program can use a variety of trailing stops like ATR based, candle trailing, etc. I plan on testing various setups on different accounts to see which works best. In order to do that I need to have the same trades across accounts. Ideally an EA but a trade copier program may work ok for a rough idea.
  • #216
  • Sep 5, 2012 2:31am Sep 5, 2012 2:31am
Quoting panamamike
Lol. How do I take and post a screenshot? Do u use a special program for that? Never done it actually.
panamamike,

Oh, Ok...

Right-Click on the screen and "Save as picture...".

G.
  • #217
  • Sep 5, 2012 2:33am Sep 5, 2012 2:33am
Quoting panamamike
I use MPTM created by Steve hopwood to manage the open trades for this. He no longer posts on FF. The program can use a variety of trailing stops like ATR based, candle trailing, etc. I plan on testing various setups on different accounts to see which works best. In order to do that I need to have the same trades across accounts. Ideally an EA but a trade copier program may work ok for a rough idea.
His new "home" is stevehopwoodforex.com.

G.
  • #218
  • Sep 5, 2012 2:38am Sep 5, 2012 2:38am
Here is what I had for USDJPY for 1Hr chart. Thanks for the help on the screen shot.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.gif Size: 61 KB
  • #219
  • Sep 5, 2012 2:40am Sep 5, 2012 2:40am
Quote
EURUSD H1 also broke the asian session for +13pips.
Closed by TS for +8 pips.

G
.

The last 5 bars on my platform are bear, not including the current one. So according to the rules I have no breakout. Do you have a different bar formation or are we now looking at the Asian range instead of a range according rules?
  • #220
  • Sep 5, 2012 3:00am Sep 5, 2012 3:00am
Quoting panamamike
Here is what I had for USDJPY for 1Hr chart. Thanks for the help on the screen shot.
panamamike,

Use "Save picture as..." and "Active chart" - that will show only the chart without all the other stuff.

I think your hours are off.
Europe opens (Frankfurt) at 06:00 GMT.
London opens at 07:00 GMT.

I set my chart to Europe open.

G.
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