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The gg53 "Killing Zone"

  • #701
  • Oct 23, 2012 4:50am Oct 23, 2012 4:50am
Quoting josch
umpats,

put the ex4 file in sub-directory /expert/indicators/ and restart MT4, you should find it in 'custom indicators' using the navigator.

josch
Thanks josch.

I tried the same and it show me on custom indicators but it looks like hidden and can not inserted on platform.
others indicator are looks active and possible to inserte.
please guide me how to do?
  • #702
  • Oct 23, 2012 4:58am Oct 23, 2012 4:58am
Quoting umpats
Thanks josch.

I tried the same and it show me on custom indicators but it looks like hidden and can not inserted on platform.
others indicator are looks active and possible to inserte.
please guide me how to do?
umpats,

Double-click on it and it will work.
It is "dimmed" because you don't have the source code.
But don't worry - it will soon be "cracked" and will appear freely all over the internet. Someone might even sell it to you as the new "Holy Grail" for $49.95...

G.
  • #703
  • Oct 23, 2012 5:08am Oct 23, 2012 5:08am
Quoting gg53
umpats,

Double-click on it and it will work.
It is "dimmed" because you don't have the source code.
But don't worry - it will soon be "cracked" and will appear freely all over the internet. Someone might even sell it to you as the new "Holy Grail" for $49.95...

G.
thanks gg53, will try.
  • #704
  • Oct 23, 2012 5:10am Oct 23, 2012 5:10am
Explanation of post #693 (the "prediction") & post #699 (results):

See the attached chart.
Aggressive mode:
Vertical line #1 is our entry point (the JPY is in "too high" zone and "falling". The EUR was in the "too low" zone and "climbing").

Conservative mode:
Wait until they cross back from the too high/too low zones.

When trading the USD or the JPY check the recent CORRELATION between the two currencies. That's an opportunity to double (and more) your trade results with very low risk.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: currencies3.gif Size: 32 KB
  • #705
  • Oct 23, 2012 5:23am Oct 23, 2012 5:23am
Quoting gg53
umpats,

Double-click on it and it will work.
It is "dimmed" because you don't have the source code.
But don't worry - it will soon be "cracked" and will appear freely all over the internet. Someone might even sell it to you as the new "Holy Grail" for $49.95...

G.

hmmm,

'holy grail' should be priced a bit better -meaning higher-, I think

josch
trading is war - life is simple
  • #706
  • Oct 23, 2012 5:27am Oct 23, 2012 5:27am
Quoting sabrys5769
Hello gg53,

thank you for the Gadi_currencies indicator, it would be very helpful if you could post some charts with trade's examples.

Thank you again
Sabrina
Sabrina,

See post #693 (the "setup" and waiting for the "pullback" signal).
See post #699 (the "result" after 2 hrs. - Prediction turns to reality).
see post #704 (the explanation with CORRELATION "doubling").

IMPORTANT: Always consult the individual currency pair for confirmation from the other indicators, introduced here, about that trade. DON'T trade the Gadi_Currencies by itself.

G.
  • #707
  • Oct 23, 2012 5:58am Oct 23, 2012 5:58am
I forgot to mention the obvious...

The live trades that I presented (in posts #693, #699, #704) are VERY HIGH risk trades - because they are AGAINST the major trend.

The aim of that practice was to show that you can predict a pullback while minimizing the risk.
Davit ?!?!

G.
  • #708
  • Oct 23, 2012 6:05am Oct 23, 2012 6:05am
Hello GG53

Firstly I would like to thank you for sharing your system.

I have a few questions relating to the EUR/JPY trade you just shared with us.

1) From a purely 15min prospective using Alpari UK chart our alert to a possible trade came at the close of the 11.00 candle, as such we head to the 15m eur/jpy chart to see if we have confirmation of a trade:

NormalizedVol = Above 0 = ok to trade
Gadi_OBV = has not turned = no trade
TickVol = Flat = no trade

2) Looking at the 5m chart we have now just had the close the 11.15:

NormalizedVol = Below 0 = no trade
Gadi_OBV = has turned = ok to trade
TickVol = has turned = ok to trade

Also the 11.15 candle closed at 103.89 so only 11 pips away from the big 104.00?

Thanks in advance and apologies if I have asked something that you have already addressed previously
  • #709
  • Oct 23, 2012 6:14am Oct 23, 2012 6:14am
Can someone mod the Gadi OBV to add the ability to select the TF in the Indy?

I trade on H4 charts but the setup seems to work best on M15 charts.

Thanks, Jason
  • #710
  • Oct 23, 2012 6:30am Oct 23, 2012 6:30am
Quoting gg53
Sabrina,

See post #693 (the "setup" and waiting for the "pullback" signal).
See post #699 (the "result" after 2 hrs. - Prediction turns to reality).
see post #704 (the explanation with CORRELATION "doubling").

IMPORTANT: Always consult the individual currency pair for confirmation from the other indicators, introduced here, about that trade. DON'T trade the Gadi_Currencies by itself.

G.
Thank you master gg53😊

Ciao
Sabrina
  • #711
  • Oct 23, 2012 6:39am Oct 23, 2012 6:39am
Quoting TheForce
Hello GG53

Firstly I would like to thank you for sharing your system.

I have a few questions relating to the EUR/JPY trade you just shared with us.

1) From a purely 15min prospective using Alpari UK chart our alert to a possible trade came at the close of the 11.00 candle, as such we head to the 15m eur/jpy chart to see if we have confirmation of a trade:

NormalizedVol = Above 0 = ok to trade
Gadi_OBV = has not turned = no trade
TickVol = Flat = no trade

2) Looking at the 5m chart we have now just had the close the 11.15:

NormalizedVol...
TheForce,

Good points and a chance to elaborate.

1. Gadi_Currencies is meant to be a "filter" for POTENTIAL opportunities and not a trading tool by itself - so you did right in checking the individual currency pair.

2. My example was a VERY HIGH RISK (against the trend) just to prove a "prediction" point (see davit post) and to show how to use that specific Indicator for "filtering" (see my reply to Sabrina request for example).

3. If I were in your position - I wouldn't enter this trade and you are perfectly right in not doing so.

4. However - take a second look at the EURUSD (the correlated pair) and you will see why I did enter that RISKY trade - in an anticipation that the correlated pair (EURJPY) will soon join the party.

In conclusion - I think that this specific example was a bit too much for system "introduction" and maybe I relied on my "experience" too much.
Lesson learned...

In the future I'll try to present a more coherent example.

Thanks for pointing this issue.

G.
  • #712
  • Oct 23, 2012 6:51am Oct 23, 2012 6:51am
Quoting theforexedge
Can someone mod the Gadi OBV to add the ability to select the TF in the Indy?

I trade on H4 charts but the setup seems to work best on M15 charts.

Thanks, Jason
Jason,

Can you be more specific?
Do you want to put Gadi_OBV M15 on an H4 chart?

G.
  • #713
  • Oct 23, 2012 6:54am Oct 23, 2012 6:54am
GG53

Yes, I would like to put onto a H4 Chart..


Jason
  • #714
  • Oct 23, 2012 7:15am Oct 23, 2012 7:15am
Quoting theforexedge
GG53

Yes, I would like to put onto a H4 Chart..


Jason
Jason,

Interesting idea... Why didn't I think of that ?!?!

I'll do it in the next few days - it requires quite a massive rewrite of the code.

G.
  • #715
  • Oct 23, 2012 8:11am Oct 23, 2012 8:11am
Quoting theforexedge
GG53

Yes, I would like to put onto a H4 Chart..


Jason
This is "close" what you need. Top MTF 15M OBV (no Gadi), bottom 4H Gadi_OBV, all in 4H chart.
Attached Image (click to enlarge)
Click to Enlarge Name: mtf obv.gif Size: 14 KB
Humble & Kalcker CLO2 = Covid killer
  • #716
  • Oct 23, 2012 8:39am Oct 23, 2012 8:39am
Quoting jusiur
This is "close" what you need. Top MTF 15M OBV (no Gadi), bottom 4H Gadi_OBV, all in 4H chart.
jusiur,

I don't think that the standard OBV will serve Jason's purpose.
Gadi_OBV is leading the price in almost 100% - while the standard OBV doesn't.

G.
  • #717
  • Oct 23, 2012 9:16am Oct 23, 2012 9:16am
gg53

I'd like to use it with the mn Killingzone v1.3.3 Indi as well, so not sure if that would also make any difference.

I use OBV_TMATrueSlope NT Indi on a H4 Chart, and Gadi OBV & Gadi Tick to see when the breakout / move is exhausted.

I've attached the indi if it's of any interest

Jason
Attached File(s)
File Type: ex4 OBV_TMATrueSlope NT.ex4   15 KB | 472 downloads
  • #718
  • Oct 23, 2012 9:27am Oct 23, 2012 9:27am
Quoting theforexedge
gg53

I'd like to use it with the mn Killingzone v1.3.3 Indi as well, so not sure if that would also make any difference.

I use OBV_TMATrueSlope NT Indi on a H4 Chart, and Gadi OBV & Gadi Tick to see when the breakout / move is exhausted.

I've attached the indi if it's of any interest

Jason
Jason,

I understand the principals behind your posted indicator - but without source code I can't make any educated judgement on it.

G.
  • #719
  • Oct 23, 2012 9:48am Oct 23, 2012 9:48am
gg53

oh its ok, i wasn't asking about the TMA imdi, just letting you know how i have things setup on my charts, if you can recode Gadi OBV + killingzone indi to work with M15 or selectable time frames that would be great, but M15 is most important.

Really appreciate your help..

Jason
  • #720
  • Oct 23, 2012 10:34am Oct 23, 2012 10:34am
After the sharp rise in the CAD strength after the 16:00 GMT news you can expect a relative consolidation in the CAD group - especially in the Commodity currencies, i.e. AUDCAD & NZDCAD.
Those currency pairs will tend to move slightly up in the very near future due to the fact that sharp move have the tendency to "overshoot".

This consolidation is a good practice area for the Gadi_OBV volume breakout...

G.
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