The gg53 "Killing Zone" | Page 41 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies

Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies

The Ultimate truth by gg53 4 replies

Metatrader "killing" 3rd party developers? 6 replies

It’s our job to trade "Futures" not "Histories", by Joe Ross 7 replies

Attachments: The gg53 "Killing Zone"
Exit Attachments

The gg53 "Killing Zone"

  • #801
  • Oct 28, 2012 6:56am Oct 28, 2012 6:56am
Quoting fxprotrader
hello Middleeastern,

thanks for the ea!!

just the thing the masses have been waiting for! really appreciate your effort.

do u have any suggestions for the settings for mptm?
mind uploading the set file?

would appreciate it if u could share your insights on the mptm settings.
thanks again.

fxprotrader
Hello fxprotrader,
I guess that the MPTM settings we will have to try out and see. I´ve no suggestions of my own, sorry. G somewhere said to secure a Break-Even once in approx. 10 pips profit and then use an 8-pip trailing stop. I guess he knows what he´s talking about.

One thing I forgot to mention about the EA:
It is programmed for 5-digit brokers and automatically adjusts for 4-digit crooks, so enter the SL and TP as if your broker is a 5-digit one.
  • #802
  • Oct 28, 2012 6:58am Oct 28, 2012 6:58am
Quoting fxprotrader
hello Middleeastern,

thanks for the ea!!

just the thing the masses have been waiting for! really appreciate your effort.

do u have any suggestions for the settings for mptm?
mind uploading the set file?

would appreciate it if u could share your insights on the mptm settings.
thanks again.

fxprotrader
Hi fxprotrader,

Attached are the Instructions for the MPTM - coder Steve Hopwood.

Cheers...
Attached File(s)
File Type: pdf Multi purpose trade manager instructions.pdf   112 KB | 719 downloads
  • #803
  • Oct 28, 2012 7:25am Oct 28, 2012 7:25am
Quoting EaglePip
...
PS. Have attached an Index of key posts, if any one is interested.
Here is an updated version with Links added.
EP
Attached File(s)
File Type: pdf Index.pdf   48 KB | 2,146 downloads
  • #804
  • Oct 28, 2012 12:06pm Oct 28, 2012 12:06pm
Thank you Eaglepip
  • #805
  • Oct 28, 2012 12:55pm Oct 28, 2012 12:55pm
Quoting gg53
EaglePip,

Everything introduced by me in this forum is a one, coherent and integral part of my system. In post #1 you can even find the steps even before they were introduced in details.

1. When NOT to trade - the "Killing Zone" identification: by Indicator, by Price ("How to Rob a Swiss Bank"), by Time (Asian session) and by Gadi_NormalizedVolume (less weight in overall consideration).

2. How to utilize the above info (#1) for BREAKOUT - VOLUME breakout by Gadi_OBV.

3. Confimation of a trade by Ticks increase - Gadi_TickVolume.

4....
Hi G,

Thanks G for sharing this great system, and your efforts and patience in explaining the system. I have been reading most of the posts for 3 days and will try it out on Monday.

Please kindly post an example of "Spotting Divergence" or give me the post # which I may have missed.

Thanks, Ron
  • #806
  • Oct 28, 2012 2:45pm Oct 28, 2012 2:45pm
Quoting lvdfx888
Hi G,

Thanks G for sharing this great system, and your efforts and patience in explaining the system. I have been reading most of the posts for 3 days and will try it out on Monday.

Please kindly post an example of "Spotting Divergence" or give me the post # which I may have missed.

Thanks, Ron
lvdfx888,

Follow the "Elephants" posts (references in post #1).

G.
  • #807
  • Oct 28, 2012 10:41pm Oct 28, 2012 10:41pm
Quoting gg53
lvdfx888,

Follow the "Elephants" posts (references in post #1).

G.
Thanks G for the pointer,

"Follow the Elephants" examples used Gadi_System indi and I can't find it, is it the same as Gadi_TickVolume ?

Regards, Ron
  • #808
  • Oct 29, 2012 12:36am Oct 29, 2012 12:36am
Quoting lvdfx888
Thanks G for the pointer,

"Follow the Elephants" examples used Gadi_System indi and I can't find it, is it the same as Gadi_TickVolume ?

Regards, Ron
lvdfx888,

Gadi_System is a modified version of the "Twiggs Money Flow".
You can use the original for the time being - until I release my version of it.

G.
  • #809
  • Oct 29, 2012 1:04am Oct 29, 2012 1:04am
Quoting Bomi
GG53 - You have really developed best system. Thank you for fantastic work. I have question - how can you double your profit using correlations- Gadi_currencies. Can you give some examples so that I can understand.

Thanks-Bomi
Bomi,

Positive currency correlation is defined as same movement direction between two currencies.
It doesn't have to be in the same momentum or rate of change - just the same direction.

Understanding and identifying correlations will give you 3 advantages:
1. Avoid trading highly correlated pairs.
2. Confirmation of a trade by checking the highly correlated currency.
3. "Doubling" your trade by adding a tade on the correlated currency.

Example:
You get a BUY signal on the GBPUSD.
1. Check Gadi_Currencies and confirm that the USD & JPY are highly correlated for some time now.
2. Confirmation - If they are, check if you get similiar signal on the GBPJPY. It doesn't have to another "signal" - just same directions.
3. "Doubling" - If confirmed BUY both GBPUSD & GBPJPY.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: correlation.gif Size: 36 KB
  • #810
  • Oct 29, 2012 1:18am Oct 29, 2012 1:18am
Quoting gg53
lvdfx888,

Gadi_System is a modified version of the "Twiggs Money Flow".
You can use the original for the time being - until I release my version of it.

G.
Thanks G.
  • #811
  • Oct 29, 2012 1:31am Oct 29, 2012 1:31am
Hi GG53,

Thanks for your time and explanation. So in this case I have to check m15 for both trade to confirm it, or should I take trade directly from Gadi_Currencies?
  • #812
  • Oct 29, 2012 3:13am Oct 29, 2012 3:13am
Quoting Bomi
Hi GG53,

Thanks for your time and explanation. So in this case I have to check m15 for both trade to confirm it, or should I take trade directly from Gadi_Currencies?
Bomi,

In the example of the GBPUSD BUY signal and the GBPUSD chart other indicators confirmation - just check the correlation and trade the GBPJPY as well.

G.
  • #813
  • Oct 29, 2012 3:30am Oct 29, 2012 3:30am
Did you catch this morning's EURUSD Asian breakout ?
Using the CORRELATION rule - Did you more than "Doubled" that profit by trading the EURJPY?

That's more than +50 Pips in 2 hrs.

G.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd_eurjpy.gif Size: 30 KB
Click to Enlarge Name: eurusd_eurjpy2.gif Size: 24 KB
  • #814
  • Oct 29, 2012 3:40am Oct 29, 2012 3:40am
I've caught a bit of the breakout.

I think I'm getting the hang of the system. It really is great!
  • #815
  • Oct 29, 2012 3:51am Oct 29, 2012 3:51am
hello Middleeastern n Xero,


thanks for the tips on using mptm..appreciated!

Middleeastern i tried your ea this morning...put it on audjpy and it took a short ..looks very good..but for eur/usd at 0.1;lots i got the error 131. invalid trade volume but for audjpy 0.1lot worked ok. so this is really weird. maybe a bug.

eur/usd only worked if i put 1 lot.

any coders here able to sort out the bugs in the gadi asian breakout ea?
  • #816
  • Oct 29, 2012 4:00am Oct 29, 2012 4:00am
Quoting gg53
Did you catch this morning's EURUSD Asian breakout ?
Using the CORRELATION rule - Did you more than "Doubled" that profit by trading the EURJPY?

That's more than +50 Pips in 2 hrs.

G.
Did anyone used the EA posted by MiddleEastern (post #792)?
Did it catch that move & correlated pair?

I didn't had the time to check it yet...

G.
  • #817
  • Oct 29, 2012 4:34am Oct 29, 2012 4:34am
Quoting gg53
Did you catch this morning's EURUSD Asian breakout ?
Using the CORRELATION rule - Did you more than "Doubled" that profit by trading the EURJPY?

That's more than +50 Pips in 2 hrs.

G.
No - Brother I am in the office and I can't do anything. Just watching and reading your ans... so I belive even EURAUD also can be a buy singnal. am i right? I am very inquisitive with your chart and want to learn from you as fast as possible. I hope u want mind....thanks...Bomi
  • #818
  • Oct 29, 2012 4:51am Oct 29, 2012 4:51am
gg53,

yeah i put the ea on, set the time to trigger at bout 8am gmt+3. but at 0.1 lots i got the error 131..invalid trade volume.

it was trying to put in a sell for eurusd but was unable to until i set it to 1 lot.

by the time it fired the trade...couple of minutes later, it was too late..lol...price reversed. with breakeven at about 10-15 pips...the trade would have at least broken even if trade were triggered without issues.

gg53, u think u could look at the code n iron out the bugs? i think this ea has legs.
  • #819
  • Oct 29, 2012 5:14am Oct 29, 2012 5:14am
Quoting Bomi
No - Brother I am in the office and I can't do anything. Just watching and reading your ans... so I belive even EURAUD also can be a buy singnal. am i right? I am very inquisitive with your chart and want to learn from you as fast as possible. I hope u want mind....thanks...Bomi
Bomi,

What's your rational behind the EURAUD trade?

G.
  • #820
  • Oct 29, 2012 5:54am Oct 29, 2012 5:54am
Quoting gg53
Bomi,

What's your rational behind the EURAUD trade?

G.
I feel as per the currencies chart even eur/aud is also in the same directions as eur/usd. I am not 100% sure. correct me if i am wrong.

Bomi
0 traders viewing now