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The gg53 "Killing Zone"

  • #581
  • Edited 6:20pm Oct 17, 2012 5:57pm | Edited 6:20pm
Another use of the indicator:

If you see a currency going sharply up or down - seach for pairs that contains that currency.

In this example - the JPY group (i.e. USDJPY, AUDJPY, NZDJPY, GBPJPY, etc.) - look for BUY opprtunities.

G.


BTW:
In that example we can see that the USDJPY are "separated" and no longer correlated. Check the chart - it's from recent moments ago.
Attached Image (click to enlarge)
Click to Enlarge Name: spaghetti3.gif Size: 29 KB
  • #582
  • Oct 17, 2012 5:57pm Oct 17, 2012 5:57pm
Quoting gg53
Spaghetti - here we come !

The indicator shows the 8 major currencies - each currency with a different color.


G.
Looks a lot like an indicator which is also known as the Cluster Indicator, or more correctly..CCfp.
Like the way you use it.
EP
  • #583
  • Oct 17, 2012 5:59pm Oct 17, 2012 5:59pm
Quoting gg53
sabrys5769,

Google says "Chi vuol" - not vol...http://www.forexfactory.com/images/icons/icon7.gif

G.
believe me... this is right ... is ancient Italian (vernacular)

S.
  • #584
  • Oct 17, 2012 5:59pm Oct 17, 2012 5:59pm
Quoting gg53
Another use of the indicator:

If you see a currency going sharply up or down - seach for pairs that contains that currency.

In this example - the JPY group (i.e. USDJPY, AUDJPY, NZDJPY, GBPJPY, etc.) - look for BUY opprtunities.

G.
In that example we can see that the USDJPY are "separated" and no longer correlated. Check the chart - it's from recent moments ago.

G.
  • #585
  • Oct 17, 2012 6:01pm Oct 17, 2012 6:01pm
Quoting sabrys5769
believe me... this is right ... is ancient Italian (vernacular)

S.
sabrys5769,

..."Don't ask Google - ask me..." http://www.forexfactory.com/images/icons/icon7.gif

G.
  • #586
  • Oct 17, 2012 6:13pm Oct 17, 2012 6:13pm
Quoting EaglePip
Looks a lot like an indicator which is also known as the Cluster Indicator, or more correctly..CCfp.
Like the way you use it.
EP
EaglePip,

There are a few of them out there.
For those interested the ccfp is here:
http://articles.mql4.com/484


The advantage of them over the "Strength Meter's" is that you can see the history, when it started and how strong the momentum is (slope).

But remember - don't use it as a stand alone.
It should give you a pointer or a hint - instead of searching among 28 charts - or sitting in front of the screen against one or two charts - and missing all the "action".

Always open the relevant chart and use the other indicators for confirmation.

G.
  • #587
  • Oct 17, 2012 6:24pm Oct 17, 2012 6:24pm
How do I put two indicators on the same indicaror window in MT4?

The Gadi_Currencies is MTF - and I want two TF side by side.
How do I do that?

G.
  • #588
  • Oct 17, 2012 6:34pm Oct 17, 2012 6:34pm
Quoting gg53
EaglePip,

There are a few of them out there.
For those interested the ccfp is here:
http://articles.mql4.com/484


The advantage of them over the "Strength Meter's" is that you can see the history, when it started and how strong the momentum is (slope).

But remember - don't use it as a stand alone.
It should give you a pointer or a hint - instead of searching among 28 charts - or sitting in front of the screen against one or two charts - and missing all the "action".

Always open the relevant chart and use the other indicators...
As you said: Spaghetti... until we know how to use it.
Your tips most useful in correct reading.
How do you see Eur/Usd about to cross over.
EP
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 26 KB
  • #589
  • Oct 17, 2012 6:37pm Oct 17, 2012 6:37pm
Quoting gg53
sabrys5769,

..."Don't ask Google - ask me..." http://www.forexfactory.com/images/icons/icon7.gif

G.
Obvius....

If you want to put two indicators in the same window you have to drag the one in the same window where you have the other indicator

S.
  • #590
  • Oct 17, 2012 6:51pm Oct 17, 2012 6:51pm
Quoting EaglePip
As you said: Spaghetti... until we know how to use it.
Your tips most useful in correct reading.
How do you see Eur/Usd about to cross over.
EP
EaglePip,

First - put the Spaghetti on a separate chart - full screen.
This way it will not clutter the EURUSD chart.

Second - don't try to "guess" that they are going to cross - wait for a real cross.

Third - Best trades are when the pair start to converge and not when they "cross". if you look at my previous charts you will see that crosses often return back shortly after the cross.

Fourth - the "slope" looks very flat to me - I would double and triple check this trade.

Fifth - The EURUSD chart - everything is against it. There is no volume. The TickVolume already crossed and faded.
It is outside the trading hours (London & New York are closed).

There was a good trade about two hours ago - see my chart.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: spaghetti4.gif Size: 29 KB
  • #591
  • Oct 17, 2012 7:00pm Oct 17, 2012 7:00pm
Quoting sabrys5769
Obvius....

If you want to put two indicators in the same window you have to drag the one in the same window where you have the other indicator

S.
sabrys5769,

I know that...
But in this way they will be one on top of the other.

I want, programmaticaly, to put them on the same indicator window - side by side.

Thanks.

G.
  • #592
  • Oct 17, 2012 7:23pm Oct 17, 2012 7:23pm
Quoting gg53
sabrys5769,

I know that...
But in this way they will be one on top of the other.

I want, programmaticaly, to put them on the same indicator window - side by side.

Thanks.

G.
In my chart you can see two indicators in the same window, is this what you mean? in another way I do not think that it is possible.

S.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 10 KB
  • #593
  • Oct 17, 2012 7:41pm Oct 17, 2012 7:41pm
Quoting sabrys5769
In my chart you can see two indicators in the same window, is this what you mean? in another way I do not think that it is possible.

S.
perhaps you mean something like this ..http://www.forexfactory.com/showthread.php?t=198729
  • #594
  • Oct 17, 2012 7:48pm Oct 17, 2012 7:48pm
Quoting sabrys5769
In my chart you can see two indicators in the same window, is this what you mean? in another way I do not think that it is possible.

S.
,

sabrys5769,

No. Like this:

Side by side in one indicator window.
I know it's possible to porgram the indicator this way.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: spaghetti5.gif Size: 110 KB
  • #595
  • Oct 17, 2012 7:51pm Oct 17, 2012 7:51pm
Quoting sabrys5769
perhaps you mean something like this ..http://www.forexfactory.com/showthread.php?t=198729

sabrys5769,

YES !!

But there is no source code - so I don't know how it's done.

Never mind - I'll look around.

G.
  • #596
  • Oct 17, 2012 8:14pm Oct 17, 2012 8:14pm
Quoting gg53
EaglePip,

Third - Best trades are when the pair start to converge There was a good trade about two hours ago - see my chart.

G.
Certainly a lot to consider. To begin, might just stick to finding pairs starting to converge.
Settings and TF can also be confusing. It appears you look at the 15M and 1Hr to make your entries? Any preferred settings?
EP
  • #597
  • Oct 17, 2012 8:29pm Oct 17, 2012 8:29pm
Quoting EaglePip
Certainly a lot to consider. To begin, might just stick to finding pairs starting to converge.
Settings and TF can also be confusing. It appears you look at the 15M and 1Hr to make your entries? Any preferred settings?
EP
EaglePip,

I use the Gadi_Currencies with M15 parameter (its MTF).
I'll upload it shortrly. need to finish a few things.

G.
  • #598
  • Oct 18, 2012 5:37am Oct 18, 2012 5:37am
For those interested in currencies "cross":

Here is an example of "correct" currency pair "cross".
The slope should be sharp angle and safe entry is when they are on both sides of the zero line.

Right now it looks like we are waiting for possible pullback.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: spaghetti6.gif Size: 38 KB
  • #599
  • Oct 18, 2012 5:49am Oct 18, 2012 5:49am
...and here is the confirmation of that trade (previous screenshot GBPJPY).

In this case you got 6 confirmations for that trade in one chart.

Use the Gadi_Currencies on full screen to filter and pick opportunities.
And use another chart with your template of indicators.

onece you spotted an opportunity - simply DRAG that currency pair to the templated chart - and that's it...

G.
Attached Image (click to enlarge)
Click to Enlarge Name: spaghetti7.gif Size: 35 KB
  • #600
  • Oct 18, 2012 5:56am Oct 18, 2012 5:56am
Hi gg53 my CCFp looks so different, to yours,
Attached Image (click to enlarge)
Click to Enlarge Name: ccf.gif Size: 13 KB


This is using the indicator from the link that you directed us to, is there any reasons for this.
Regards Logic38
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