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The gg53 "Killing Zone"

  • #261
  • Sep 5, 2012 9:16pm Sep 5, 2012 9:16pm
Quoting Koglkama
Thanks FuturSpec for the mn KillingZone v1.3.1 indicator. It is working very well.

GG53

My understanding of your post 17, item 3 is that the start of a new KZ (i.e. defined by the vertical white line on the mn KZ indicator) could coincide with the end of the previous KZ (i.e. the red vertical line on the mn KZ indicator). If this is the case then should the indicator be looking for the Big Move bars starting at the red line minus 2 bars?
Koglkama,

If I understand your question correctly - the answer is YES.
But... what is the point in searching for new "Killing Zone" in areas of previous one?

Maybe I didn't understood your point - can you pls send some annotated chart to better illustrate the issue?

Thanks,

G.
  • #262
  • Sep 5, 2012 9:27pm Sep 5, 2012 9:27pm
Quoting spyderman
Hey guys,

Just getting caught up with the new thread. Thanks for the ideas gg.

Here's one of my charts on AUD/CAD with the indi attached. If I'm understanding this right, shouldn't the KZ have closed where circled instead of later.

Also on AUD/JPY, the obv zone shows an adjustment of the low. Is an adjustment of this magnitude still valid to trade. (PA didn't move near as much, even though we're not trading that.)
spyderman,

Good catch.

That's a BUG in the Horizontal line indicator.
It's the same bug in both submitted charts.
The AUDJPY KZ should have been closed and create a new one.

What version of Horizontal Line are you using?

Thanks !

G.
  • #263
  • Sep 5, 2012 9:29pm Sep 5, 2012 9:29pm
Quoting gg53

What version of Horizontal Line are you using?

Thanks !

G.
v 1.3.1
  • #264
  • Sep 5, 2012 9:31pm Sep 5, 2012 9:31pm
So is the indi supposed to only adjust the obv line the distance moved in the breakout bar?

So the lower line would have stairstepped down from it's starting point, right.
  • #265
  • Sep 5, 2012 9:34pm Sep 5, 2012 9:34pm
Oh oh...

The EURCHF is climbing from flat to heaven...

I hate to say "I told you so..."

G.
Attached Image (click to enlarge)
Click to Enlarge Name: eurchf2.gif Size: 24 KB
  • #266
  • Sep 5, 2012 9:46pm Sep 5, 2012 9:46pm
Quoting gg53
Oh oh...

The EURCHF is climbing from flat to heaven...

I hate to say "I told you so..."

G.
you buy , i short
Attached Image (click to enlarge)
Click to Enlarge Name: echf.gif Size: 20 KB
  • #267
  • Sep 5, 2012 10:11pm Sep 5, 2012 10:11pm
Quoting jasakreatif
you buy , i short
jasakreatif,

I bought at breakout.
BUY 1.20452
initial SL - 5 pips.
Current SL - BE + Spread + 1.
Trailing Stop - 7

The BUY line on the chart is on my home computer for demo, testing another EA.
All real trades are on my VPS in London.

G.
  • #268
  • Edited 11:04pm Sep 5, 2012 10:40pm | Edited 11:04pm
Quoting spyderman
So is the indi supposed to only adjust the obv line the distance moved in the breakout bar?

So the lower line would have stairstepped down from it's starting point, right.
spyderman,

Yes.
But each step Up/Down is after you already in trade (breakout occured).
The new KZ range should not affect the open trade. they are managed by Trade & MM management.

That should be continually updated (after bar close) till KZ end by 3(?) consecutive Up/Down bars.

G.
  • #269
  • Edited Sep 6, 2012 12:23am Sep 5, 2012 11:55pm | Edited Sep 6, 2012 12:23am
~ 10 Min. to Europe open:

The Asian "Killing Zone" today looks very risky.
I don't recommend trading breakouts from it.

The market was quite "flat" which result in a very narrow High/Low range in major currencies.

Such narrow range can result in breakout signals that will not hold for long.

If you insist or want to watch:
AUD & NZD looks strong.
CHF & CAD looks weak.

G.

EDIT:
very narrow flat band (~12 pips).
Just breakout.
I'm not trading this !!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 26 KB
  • #270
  • Sep 6, 2012 12:33am Sep 6, 2012 12:33am
EURCHF stopped by Trailing stop of 7.
Total +8 pips.

Bahhhh... I thought it was going for more.

Waiting for another KZ to form on this with Buy/Sell limit.

G.
  • #271
  • Sep 6, 2012 12:47am Sep 6, 2012 12:47am
Spyderman #260

I think you will find that you have left the mBarsForCloseZone set to 5.

It is a user variable to be set to your own requirements!

M.
If you think I'm mad, I must be mad
  • #272
  • Sep 6, 2012 12:56am Sep 6, 2012 12:56am
Quoting futurespec
Spyderman #260

I think you will find that you have left the mBarsForCloseZone set to 5.

It is a user variable to be set to your own requirements!

M.
futurespec,

Ooops, I missed that possibility...
Sorry...

G.
  • #273
  • Sep 6, 2012 1:13am Sep 6, 2012 1:13am
The NZD & AUD looking good compared to Asian KZ.

G.
  • #274
  • Sep 6, 2012 2:56am Sep 6, 2012 2:56am
GG53

Would it be correct to start the KZ on the candle noted on the chart?
Attached Image (click to enlarge)
Click to Enlarge Name: kz01.gif Size: 21 KB
  • #275
  • Sep 6, 2012 3:51am Sep 6, 2012 3:51am
Hi,

Gold from yesterday, nice playing
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  • #276
  • Sep 6, 2012 4:54am Sep 6, 2012 4:54am
Quoting gg53
EaglePip,

Isn't it less complicated to treat each bar as minimum of (x)?

I'm not suggesting that this is the optimal solution - your logic is fine. Very fine. I'm testing it now.

Again, good thinking !!

G.
I'm just not sure that using an arbitary min pips is the ideal solution.
As suggested earlier, using the sum of 2 previous bars will overcome the Doji/pin bar issue and still be in tune with PA.
As such, have modified the indicator and also corrected the arrow display issue when switching TFs or parameters and rapid filling of experts log (Thanks Dave for noticing that).
EP
Attached File(s)
File Type: mq4 gg53kfv0.2.mq4   7 KB | 1,007 downloads
  • #277
  • Edited 5:55am Sep 6, 2012 5:29am | Edited 5:55am
Quoting Koglkama
GG53

Would it be correct to start the KZ on the candle noted on the chart?
Koglkama,

Yes.
The previous candle is the "Big Move"
The marked one is canldle #1 (start of counting "x consecutive bars" and it's High/Low in consideration when marking the horizontal lines).

It looks like 2 profits...

G.
  • #278
  • Sep 6, 2012 5:34am Sep 6, 2012 5:34am
Quoting kapybara
Hi,

Gold from yesterday, nice playing
kapybara,

Yes !!
I already demonstrated two Gold trades - "broadcasted" live.
The purpose was to show that Gadi_OBV is effective not only to currencies.

G.
  • #279
  • Sep 6, 2012 5:49am Sep 6, 2012 5:49am
Quoting EaglePip
I'm just not sure that using an arbitary min pips is the ideal solution.
As suggested earlier, using the sum of 2 previous bars will overcome the Doji/pin bar issue and still be in tune with PA.
As such, have modified the indicator and also corrected the arrow display issue when switching TFs or parameters and rapid filling of experts log (Thanks Dave for noticing that).
EP
EaglePip

I see your point.
My concern is cases like this (numbers in bar pips)
15, 18, 0 [Doji], 12

[Could't find such sequence to test....]

I believe the ATR solution will give the Doji a value that will not qualify the next [12] bar to be a big move.


Thanks for your updated version !!

G.
  • #280
  • Sep 6, 2012 6:21am Sep 6, 2012 6:21am
hi gg53 nice thread
.. i was searching for the indicator you posted in other forum ... which i had seen couple days ago................ .but could not find now.. i think it has been deleted...
could you plz share it .. it was like position size management indicator ... it would tell you the risk and the lot size of the position you are looking into..
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