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The gg53 "Killing Zone"

  • #321
  • Sep 7, 2012 8:13pm Sep 7, 2012 8:13pm
Quoting zackery
@eaglepip:
......
So it would be very nice if the Indi could draw the lines instead.
Is it possible to code that ?
Zack
You already have the indicator posted by futurespec that can draw Horiz and Vert lines.
I am trying, but its not that simple. Which is why we should appreciate the fine code by futurespec.
EP
  • #322
  • Edited 10:59pm Sep 7, 2012 8:26pm | Edited 10:59pm
1 pip instead of 60!
In future will need to pay more attention to post #7 page 1.
EP
Attached Image (click to enlarge)
Click to Enlarge Name: eu79.gif Size: 24 KB
  • #323
  • Sep 8, 2012 8:41am Sep 8, 2012 8:41am
first of all thanks to gg53 for sharing the concept, juisur for starting the thread and all the coders' efforts to make it come alive in MT4.

I am lurking since beginning of the thread but still can not wrap my head around the conditions of the KZ.... Strictly based on the doc provided by juisur in the first post:
condition 1 - big move candle
condition 2 - min 6 bars up/down alternating?
condition 3 - three consecutive up or down candles end the KZ

I have tried gg53kfv0.2 and do not understand the signals generated...

I have tried mn KillingZone v1.3.1 (see attached screenshot) and the only zone that I could find by eyeballing the chart is not marked (blue rectangle) and all the other (IMHO) do not qualify as KZ as none of them has 6 alternating up / down bars.

In no form or shape is this post intended to flame or criticize the respective coders, I merely like to verify my understanding of the conditions as correct...

Cheers & have a nice weekend
Attached Image (click to enlarge)
Click to Enlarge Name: ea h1.jpg Size: 185 KB
  • #324
  • Sep 8, 2012 3:10pm Sep 8, 2012 3:10pm
Hi gg53, for some reason I cannot down .ex4 file for the Gadi_OBV indicator needed to try this system. I can however successfully download .mq4 indicators...is there anyway I can get you to post the non- .ex4 file for me so I can? i sure appreciate it!
  • #325
  • Sep 8, 2012 5:40pm Sep 8, 2012 5:40pm
Quoting mobthehop
first of all thanks to gg53 for sharing ....., I merely like to verify my understanding of the conditions as correct...

Cheers & have a nice weekend
Hope this will clarify the conditions for you.
Since I find it very tedious using Paint to add comments on the chart, I have numbered the main points that correspond to your chart.
1. Red Arrows highlight Big Bars.The requirement is that they must be larger than the previous bar. The indicator will identify bars that are "T" times the sum of previous 2 bars. Setting used for the eUr/aud chart was T = 2.7.
2. The Killing Zone is defined as starting on the bar following the Big Move Bar.
Vertical line drawn manually to intersect Gadi_ObV in the lower window.
3. Horizontal Lines drawn Manually to create GAdi_Obv channel.
4. BREAKOUT, entry when Gadi moves 10 units outside the channel.
5. Blue Arrows signify 3rd consecutive bullish bar- possible end of KZ.
6. Pink arrows 3 consecutive bearish bars- possible end of KZ.
EP
The other indicator draws the horizontal and vertical lines automatically, depending on the parameter settings.
Attached Image (click to enlarge)
Click to Enlarge Name: ea89.gif Size: 31 KB
  • #326
  • Sep 8, 2012 8:42pm Sep 8, 2012 8:42pm
Eaglepip - thanks for your reply...

1. So far so good - after the candle you marked as 2, which candle would confirm that a channel / KZ is forming? When would I draw the upper / lower channel in OBV sub-window?

2. Breakout - 10 units - how do you calculate that? lower limit in your screen is -136092, so I would enter at -136082?

3. Does your explanation imply that the rule 2 I listed in my earlier post is no longer valid / applied ?

Cheers

Mop
  • #327
  • Sep 8, 2012 9:38pm Sep 8, 2012 9:38pm
Quoting mobthehop
Eaglepip - thanks for your reply...

1. So far so good - after the candle you marked as 2, which candle would confirm that a channel / KZ is forming? When would I draw the upper / lower channel in OBV sub-window?

2. Breakout - 10 units - how do you calculate that? lower limit in your screen is -136092, so I would enter at -136082?

3. Does your explanation imply that the rule 2 I listed in my earlier post is no longer valid / applied ?

Cheers

Mop
Mop - I think you may be misunderstanding the rule re alternating bars. It does not necessarily mean up/down/up/down/up/down - there may be 2 consecutive up or down bars. If there are 3 consecutive up or down bars then it closes the KZ (depending on settings of course).
Cheers
Mac
  • #328
  • Edited 10:20pm Sep 8, 2012 10:07pm | Edited 10:20pm
Quoting mobthehop
Eaglepip - thanks for your reply...

1. So far so good - after the candle you marked as 2, which candle would confirm that a channel / KZ is forming? When would I draw the upper / lower channel in OBV sub-window?

2. Breakout - 10 units - how do you calculate that? lower limit in your screen is -136092, so I would enter at -136082?

3. Does your explanation imply that the rule 2 I listed in my earlier post is no longer valid / applied ?

Cheers

Mop
1. The channel is drawn progressively from candle marked 2 and adjusted to the OBV high/low as the following candles close.
Check post # 50 p4 for more.
2.Correct
3. Rule 2 in your earlier post does apply but GG makes exception for low volatility sessions. See p13 #193.
EP
  • #329
  • Sep 9, 2012 2:49am Sep 9, 2012 2:49am
Quoting anama
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.

Attachment
anama,

I'll discuss and introduce this issue after my summary on the "Killing Zone" and opening of the "in-trend" trading techniques - as another part of the complete Gadi-System.

G.
  • #330
  • Sep 9, 2012 2:51am Sep 9, 2012 2:51am
Quoting lillelise
99.9 same as gabiobv..
with code so you guys can play :-)

No magic about it...
lillelise,

Thanks, but that't too early...
See my post #329.

G.
  • #331
  • Sep 9, 2012 2:56am Sep 9, 2012 2:56am
Quoting mksmith31
The divergence is amazing on the Gadi! Check out the signal it gave earlier (And PS I realize this does not fit the KZ rules, but a very powerful variation)

Awesome work here GG with the Killing Zone!

Attachment
mksmith31,

Please wait for my summary on the "Killing Zone" and the opening of "In-trend" trading - both are part of the gadi-System.
See same on posts #329 & #330.

G.
  • #332
  • Sep 9, 2012 3:00am Sep 9, 2012 3:00am
Quoting panamamike
How do u place a limit order based on the kill zone?
panamamike,

I wrote a small EA (just few lnes) toi d that.
e ill do it here, in this forum - once the complete Gadi system will be introduced.

Next chapters are "In-Trend" trading and TF's.

G.
  • #333
  • Sep 9, 2012 3:03am Sep 9, 2012 3:03am
Quoting anama
nice begining. divergence + breakout

Attachment

anama,

Pls wait with this.
See my posts #329 & #330.
I don't want to confuse the group members.
There is the "In-trend" and TF's logic to discuss before that.

G.
  • #334
  • Sep 9, 2012 3:16am Sep 9, 2012 3:16am
Quoting DmitryFX
Hello, gg53!

Can I ask you to confirm or reject my understanding of your system, please?
Below is EU H1 chart.
I am confused with:
1-Is setup bar OK or too short and setup bar was before?
2-Is KZ valid, or not because there was 5 green bars in the row after setup zone?
3-Is entry signal correct and I should go long as soon as Indi's line crossed level? Or I have to wait when bar will be closed?

Thank you forward!
Attachment
DmitryFX,

1. What you call a Setup bar - we call it the "Big Move". Yes, it is Ok.

2. The KZ is wrong. After the THIRD consecutive UP bar the KZ is ended - and we require at least 6 "legal" bars to confirm a "Killing zone".

3. As explained in (1) - there is no KZ in your posted chart - because it "ended" before it started. Even if it was valid, the "Entery" or "Breakout" point occured after the "killing Zone" was ended - so that's not valid too.

G.
  • #335
  • Sep 9, 2012 3:17am Sep 9, 2012 3:17am
Thank you macpippy and EaglePip for your additional explanation... much appreciated...

I am getting there but, EaglePip, one more clarification - as I am really bad in reading OHLC, I recreated the EU M15 chart with candles as per attachment

If I read gg53's chart correctly:
1. the trigger candle is my vertical line marked 1, as this seem to correspond with his upper limit line with value -47092.xx

2. Just curious - my obv values are completely different, though my screen shot is taken from my Alpari UK demo account.....

3. His horizontal line should be same as mine marked 2

4. Break-out (or break-down rather) happens at horizontal line 3 based on my lower limit... about 2 hours earlier than indicated by gg53

Question:
A. "Big Move Candle" for me would be the one just preceding horizontal line 2, as it is about 6 x larger than the one before that.
B. I am not sure how his low line was determined, as it much lower in value than my lower limit...
C. There is not only one but two occurrences of three consecutive down candles before the break-out which should invalidate the whole KZ....

Appreciate if you could comment on the above....

Cheers & have a great week

Mop
Attached Image (click to enlarge)
Click to Enlarge Name: eu m15 120904.jpg Size: 118 KB
  • #336
  • Sep 9, 2012 3:24am Sep 9, 2012 3:24am
Quoting tixy
Great chart anama.
Would you mind posting your divergence indicator please. Thanx.
tixy,

I think it was posted already - and I think you should wait for our next steps as we continue to introduce the Gadi System per our Agenda.

I want members to understand the LOGIC - instead of relying on mechanical means.

G.
  • #337
  • Sep 9, 2012 3:31am Sep 9, 2012 3:31am
Quoting mksmith31
Check out the daily bar on the Euro. New high (surpassing the previous of 1.2746) with a significantly lower Gadi OBV level.

Attachment
mksmith31,

I don't understand your Gadi_OBV red line.
If it is Divergence - it should have been drawn as 2 lines from your starting point.
First one ABOVE the Gadi_OBV stretching to lower point and the second one stretching up, below the Gadi_OBV from lower point up.

Or maybe I didn't understand your meaning...

G.
  • #338
  • Sep 9, 2012 3:34am Sep 9, 2012 3:34am
Quoting jmdias
Hi all,
We have a nice 1H TF gadi divergence i EURUSD pair...what u think about short this pair..
Thanks for the creators of this nice thread..
green pips for all
jmdias & All,

Pls DON'T use divergence examples until we finished introducing the whole Gadi-System. The "Killing Zone" is an important part BUT just one part of it.

G.
  • #339
  • Sep 9, 2012 3:41am Sep 9, 2012 3:41am
Quoting mksmith31
Not sure what you are looking at here. We have a higher price and higher Gadi which would mean no divergence. We would want to see a new high on price with a lower Gadi reading to give us bearish divergence. This is an example of what you are looking for:

Attachment

Happy trades!
jmdias & mksmith31,

You are confusing everyone here with the "Divergence" issue.

Right now we are in the "Killing Zone" and the breakout from it.

Let's move on in LOGICAL steps and not mechanical ones.

I promise that I'll get to that issue...

G.
  • #340
  • Sep 9, 2012 3:48am Sep 9, 2012 3:48am
Quoting mobthehop
first of all thanks to gg53 for sharing the concept, juisur for starting the thread and all the coders' efforts to make it come alive in MT4.

I am lurking since beginning of the thread but still can not wrap my head around the conditions of the KZ.... Strictly based on the doc provided by juisur in the first post:
condition 1 - big move candle
condition 2 - min 6 bars up/down alternating?
condition 3 - three consecutive up or down candles end the KZ

I have tried gg53kfv0.2 and do not understand the signals generated...

I have tried mn KillingZone...
mobthehop,

See post #50.
If still having trouble - pls post your manual drawn chart and I'll try to explain based on it.

G.
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