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The gg53 "Killing Zone"

  • #281
  • Sep 6, 2012 6:29am Sep 6, 2012 6:29am
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.

Ahh, thanks futurespec, you're right. I was using ootb. I'll play more with the settings.

Thanks
  • #282
  • Sep 6, 2012 6:51am Sep 6, 2012 6:51am
Quoting angel_forex
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..
angel_forex,

Welcome !
See post #1.
If you are looking for Position/Risk indi - that's not the one...


G.
  • #283
  • Sep 6, 2012 7:01am Sep 6, 2012 7:01am
futurespec, i am using indicator v1.3.1 and there seems to be a minor bug in it, when i set value of mbarsclose zone to 3 or less then it does not show any horizontal and vertical lines on EURUSD chart while on other pairs its working fine....

i think there is some issue... which is with eurusd pair only.

regards,

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.
  • #284
  • Sep 6, 2012 7:40am Sep 6, 2012 7:40am
Quoting alij79
futurespec, i am using indicator v1.3.1 and there seems to be a minor bug in it, when i set value of mbarsclose zone to 3 or less then it does not show any horizontal and vertical lines on EURUSD chart while on other pairs its working fine....

i think there is some issue... which is with eurusd pair only.

regards,
alij79,

The indicator doesn't distinguish between pairs.
Pls try EURUSD on lower TF's, same settings, and let us know the results.

G.
  • #285
  • Sep 6, 2012 7:50am Sep 6, 2012 7:50am
dear gg53
i read your post on other forum.. ( has been deleted) .. i found it very useful ... you showed a position risk indicator thats lying on the idicatr side if i remeber and it showed that how you managed trade by not having sl too high and tp too low..as others do..
so if u could see into this
  • #286
  • Sep 6, 2012 7:53am Sep 6, 2012 7:53am
It even works on 5M!
Attached Image (click to enlarge)
Click to Enlarge Name: eu692.gif Size: 28 KB
  • #287
  • Sep 6, 2012 8:02am Sep 6, 2012 8:02am
EaglePip,

Isn't you setup invalid? I see 3 bars in the same direction within your killing zone (the bars with the blue arrows and the one before).
that should make your setup originally invalid, rigth?
  • #288
  • Sep 6, 2012 8:11am Sep 6, 2012 8:11am
Quoting edja00
EaglePip,

Isn't you setup invalid? I see 3 bars in the same direction within your killing zone (the bars with the blue arrows and the one before).
that should make your setup originally invalid, rigth?
Looking back on it, yes you are correct.
I was not paying too much attention to the consecutive bars as we are yet to determine the ideal number of bar to End the KZ.
EP
  • #289
  • Edited 8:50am Sep 6, 2012 8:35am | Edited 8:50am
Quoting edja00
EaglePip,

Isn't you setup invalid? I see 3 bars in the same direction within your killing zone (the bars with the blue arrows and the one before).
that should make your setup originally invalid, rigth?
edja00 & eaglepip,

Already mentioned a few times in this forum:
The suggested DEAFULT parameter are based on my experience on H1 & H4.

Lower TF's requirs to extend the number of "x consecutive bars" and the number of "End" bars. Logic.
That's why we externalize those parameters.

If done correctly - you will have a perfectly legal KZ - with valid breakout and still valid KZ.
I also showed that it is working on M1.

G.
  • #290
  • Sep 6, 2012 8:46am Sep 6, 2012 8:46am
Quoting gg53
edja00 & eaglepip,

Already mentioned a few times in this forum:
The suggested DEAFULT parameter are based on my experience on H1 & H4.

Lower TF's requirs to extend the number of "x consecutive bars" and the number of "End" bars. Logic.
That's why we externalize those parameters.

If done correctly - you will have a perfecly legal KZ - with valid breakout and still valid KZ.
I also showed that it is working on M1.

G.

Eaglepip,

Your breakout in your posted chart would have yield much more pips because the breakout occur much earlier.

We start drawing the horizontal lines from bar #1 and not from the "Big Move" bar.
The lowest volume within the correct KZ is a bit higher than drawn.

G.
  • #291
  • Sep 6, 2012 9:38am Sep 6, 2012 9:38am
Nice KZ breakout
Attached Image (click to enlarge)
Click to Enlarge Name: EU_M5.jpg Size: 230 KB
  • #292
  • Sep 6, 2012 9:52am Sep 6, 2012 9:52am
Hello all,

I have been playing around recently with a volatility squeeze/breakout indicator written by a friend. I thought it was looking quite hopeful until I tried the Gadi breakouts on this thread!!

I am currently in a GBPJPY trade that is up 100 pips!

If you look at the attached chart, you can see how much more "early warning" you get from the Gadi compared to the Squeeze.

Best wishes and kind regards to all,

Old Dog

.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_06092012.PNG Size: 23 KB
  • #293
  • Sep 6, 2012 11:05am Sep 6, 2012 11:05am
A while back I came across a trendline indicator that would initiate a market order when price would cross the line. It could be helpfull to us if we could draw the upper and lower lines on the gadi obv and have an order initiated from there.

I will search around to see if I can find it. We may be able to edit the code to work in the indicator window rather than the chart window.

Just a thought, I do not want to offend our great coders out there.

Kurt
  • #294
  • Sep 6, 2012 12:41pm Sep 6, 2012 12:41pm
The zones do seem to jump off the page at you with 15m charts!


Quoting Old_Dog
Hello all,

I have been playing around recently with a volatility squeeze/breakout indicator written by a friend. I thought it was looking quite hopeful until I tried the Gadi breakouts on this thread!!

I am currently in a GBPJPY trade that is up 100 pips!

If you look at the attached chart, you can see how much more "early warning" you get from the Gadi compared to the Squeeze.

Best wishes and kind regards to all,

Old Dog

.
  • #295
  • Sep 6, 2012 1:23pm Sep 6, 2012 1:23pm
hello eaglepip, can you please post tlp you are using for 5min tf? thanks
  • #296
  • Sep 6, 2012 1:28pm Sep 6, 2012 1:28pm
eaglepip i am using your indicator but no horizontal lines are drawn on chart, what cud be the reason?

Quoting EaglePip
It even works on 5M!
  • #297
  • Edited 4:28pm Sep 6, 2012 1:34pm | Edited 4:28pm
sorry if i'm offtopic, but has anyone noted that the few divergences wich shows the gadi-obv are really powerfull?

i think, that this way is really tradeable and the power of this indy is incredible.

thank you.

Attached Image (click to enlarge)
Click to Enlarge Name: eu5.gif Size: 17 KB
  • #298
  • Sep 6, 2012 3:04pm Sep 6, 2012 3:04pm
Futurespec

In light of GG53's clarification (post 277) should the chart in my post 274 be showing a white line where the most recent red line is, marking the start of the next KZ?

Does the indicator wait until the KZ is determined before placing the white line, or does it wait until the Big Move has been determined then place it on the next candle?
  • #299
  • Sep 6, 2012 4:35pm Sep 6, 2012 4:35pm
99.9 same as gabiobv..
with code so you guys can play :-)

No magic about it...
Attached File(s)
File Type: ex4 Divergence.ex4   37 KB | 673 downloads
File Type: mq4 Divergence.mq4   31 KB | 827 downloads
StopLoss is for none belivers... Trust the Gurus..
  • #300
  • Sep 6, 2012 7:06pm Sep 6, 2012 7:06pm
Quoting gg53
Eaglepip,

Your breakout in your posted chart would have yield much more pips because the breakout occur much earlier.

We start drawing the horizontal lines from bar #1 and not from the "Big Move" bar.
The lowest volume within the correct KZ is a bit higher than drawn.

G.
Thanks for poInting out.
I did not realise that!
EP
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