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The gg53 "Killing Zone"

  • #901
  • Oct 31, 2012 7:13am Oct 31, 2012 7:13am
Quoting gg53
jusiur,

Correlation and "triple" methods works on ANY trade - not just on breakout.

G.
Hi gg,

Today I was able to catch GBPUSD and EURUSD (EUR, GBP correlated) and manage it by your trailing rules. I'm satisfied w/ that load of pips. But then I was watching reversal of EURJPY and even when I was thinking about high risk trade and watched EURUSD for correlation, I got a loss for this pair. Please could you take a look at this 2 pairs analysis for reversal trade? Was there something I have missed to check except it was against strong momentum?

Thanks for your reply.
Kapy
Attached Image (click to enlarge)
Click to Enlarge Name: pic.jpg Size: 122 KB
  • #902
  • Oct 31, 2012 7:14am Oct 31, 2012 7:14am
Pat1 please please reply to a private message
t.me/mrt141184
  • #903
  • Oct 31, 2012 8:55am Oct 31, 2012 8:55am
Quoting kapybara
Hi gg,

Today I was able to catch GBPUSD and EURUSD (EUR, GBP correlated) and manage it by your trailing rules. I'm satisfied w/ that load of pips. But then I was watching reversal of EURJPY and even when I was thinking about high risk trade and watched EURUSD for correlation, I got a loss for this pair. Please could you take a look at this 2 pairs analysis for reversal trade? Was there something I have missed to check except it was against strong momentum?

Thanks for your reply.
Kapy
kapybara,

Let the trade manager manage the trade with TrailingStop.
Once you see LOW Volume and the EUR direction change you can maximize your profit by lowering the minimizing the TrailingStop parameters.
In any case this signals that the trend is near its end.

Counter trend or pullback after such sharp move is usually very fast and short - and hence dangareous.
The proper entry should be backed up by VOLUME increase.

G.

EDIT:
I wouldn't take such a risk on low volume and low ticks.
This is a "trigger happy" trader behaviour without valid confirmations.
Attached Image (click to enlarge)
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  • #904
  • Oct 31, 2012 10:00am Oct 31, 2012 10:00am
Quoting gg53
kapybara,

Let the trade manager manage the trade with TrailingStop.
Once you see LOW Volume and the EUR direction change you can maximize your profit by lowering the minimizing the TrailingStop parameters.
In any case this signals that the trend is near its end.

Counter trend or pullback after such sharp move is usually very fast and short - and hence dangareous.
The proper entry should be backed up by VOLUME increase.

G.

EDIT:
I wouldn't take such a risk on low volume and low ticks.
This is a "trigger happy" trader behaviour without valid...
kapybara,

The CounterTrend (my version from previous post) is now +34 pips.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: countertrendl.gif Size: 29 KB
  • #905
  • Oct 31, 2012 10:22am Oct 31, 2012 10:22am
Quoting gg53
theforexedge,

Change the indicator call to Gadi_OBV_v1.3 to call the new version (in mn_KillingZone.mq4), compile and restart MT4.

G.

G.

Can i do that as the killingzone is a EX4 file?

Jason
  • #906
  • Oct 31, 2012 10:23am Oct 31, 2012 10:23am
Quoting gg53
kapybara,

The CounterTrend (my version from previous post) is now +34 pips.

G.
Hi gg,

Thank you for your insight. In this case I tried to refer to your previous comment on my counter trend trade (link (http://www.forexfactory.com/showthread.php?p=6129349#post6129349)), where you was talking about considering the combined Gadi_OBV and Gadi_TickVolume TROUGHS & PEAKS combination and not giving so strong stress on weight of volume. Otherwise I would also wait for that candle w/ higher volume. No problem, noted as learning costs.Trying to master it

Cheers & green pips,
Kapy
  • #907
  • Oct 31, 2012 11:56am Oct 31, 2012 11:56am
Quoting theforexedge
G.

Can i do that as the killingzone is a EX4 file?

Jason
Jason,

Read again...
"...in mn_KillingZone.mq4".

G.
  • #908
  • Oct 31, 2012 12:01pm Oct 31, 2012 12:01pm
Quoting kapybara
Hi gg,

Thank you for your insight. In this case I tried to refer to your previous comment on my counter trend trade (link (http://www.forexfactory.com/showthread.php?p=6129349#post6129349)), where you was talking about considering the combined Gadi_OBV and Gadi_TickVolume TROUGHS & PEAKS combination and not giving so strong stress on weight of volume. Otherwise I would also wait for that candle w/ higher volume. No problem, noted as learning costs.Trying to master it

Cheers & green pips,
Kapy
kapybara,

The problem with Troughs and Peaks is that in order for them to form - they already include some of the opposite move.
In a pullback after sharp move - you might be too late...

G.
  • #909
  • Oct 31, 2012 12:13pm Oct 31, 2012 12:13pm
Quoting gg53
Jason,

Read again...
"...in mn_KillingZone.mq4".

G.
G.

Sorry i was using 1.3.3 that's only been posted in ex4. I've downloaded 1.3.1 in mq4 format, thank you..Jason
  • #910
  • Oct 31, 2012 2:25pm Oct 31, 2012 2:25pm
It is very interesting to see how the breakout in volume and the reverse respects the s/r areas, a good confirmation.

Attached Image(s) (click to enlarge)
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Click to Enlarge Name: eurjpy.gif Size: 12 KB
Click to Enlarge Name: usdjpy.gif Size: 12 KB
  • #911
  • Oct 31, 2012 3:56pm Oct 31, 2012 3:56pm
gg, where is the triple method posted??
  • #912
  • Oct 31, 2012 4:35pm Oct 31, 2012 4:35pm
Quoting theforexedge
G.

Sorry i was using 1.3.3 that's only been posted in ex4. I've downloaded 1.3.1 in mq4 format, thank you..Jason
G.

I've changed the Indi call to GADI_OBV_v1.4 but I'm not getting the lines anymore in the GADI OBV Window - m.Hnew etc. I've tried v1.4 on different time fames, but no luck

Can you check I've made the correct changes?

Thanks, Jason
Attached File(s)
File Type: ex4 mn KillingZone v1.3.1.ex4   15 KB | 388 downloads
File Type: mq4 mn KillingZone v1.3.1.mq4   12 KB | 534 downloads
  • #913
  • Oct 31, 2012 4:55pm Oct 31, 2012 4:55pm
If he can play the piano.... then i can trade forex with profit....

Happy halloween to all

http://www.youtube.com/watch?v=55wne9K-dro


P.S. sorry for the OT........
  • #914
  • Oct 31, 2012 5:08pm Oct 31, 2012 5:08pm
Hello,
I´ve been re-reading older post to get up to speed again after a couple of days off Forex.

GG53 asked at some point how we can have two instances of the Gadi_OBV indi in the same chart in order to get the indi´s readings in two different timeframes. Instead of recoding, we can save the indi with a different name in the Indicators folder and use them as if they were two different indicators. It must be the last version of the indi, which is MTF.


M.
  • #915
  • Oct 31, 2012 5:10pm Oct 31, 2012 5:10pm
Quoting sabrys5769
If he can play the piano.... then i can trade forex with profit....

Happy halloween to all

http://www.youtube.com/watch?v=55wne9K-dro


P.S. sorry for the OT........
That´s the spirit!
  • #916
  • Oct 31, 2012 5:48pm Oct 31, 2012 5:48pm
Can anybody upload gadi obv 1.4 mq4 file when I ınserted ex.4 I dont see it on the chart please help me?
  • #917
  • Oct 31, 2012 8:00pm Oct 31, 2012 8:00pm
Quoting alij79
gg, where is the triple method posted??
alij79,

"Dominate the Denominator" post.

G.
  • #918
  • Oct 31, 2012 8:15pm Oct 31, 2012 8:15pm
Quoting sabrys5769
If he can play the piano.... then i can trade forex with profit....

Happy halloween to all

http://www.youtube.com/watch?v=55wne9K-dro


P.S. sorry for the OT........
sabrys5769,

Ok, now I see it...
We should change the bars from green/red to black/white... http://www.forexfactory.com/images/icons/icon7.gif

G.
  • #919
  • Nov 1, 2012 2:50am Nov 1, 2012 2:50am
Hi All

Did anybody have Middleastern's EA set up for the Asian BO today? I had my channel lines drawn on the GAdi OBV1.3 indicator, lots set to 0.01, channel %age set to 10, start time @ 17 (London open aussie time) and everything else OOTB then waited with intrepid anticipation. I should have had 5 trades open as they crossed out of my channels..... but, nothing.
What have I done wrong???

Best regards

Graham
  • #920
  • Nov 1, 2012 3:26am Nov 1, 2012 3:26am
Quoting Hammondnz
Hi All

Did anybody have Middleastern's EA set up for the Asian BO today? I had my channel lines drawn on the GAdi OBV1.3 indicator, lots set to 0.01, channel %age set to 10, start time @ 17 (London open aussie time) and everything else OOTB then waited with intrepid anticipation. I should have had 5 trades open as they crossed out of my channels..... but, nothing.
What have I done wrong???

Best regards

Graham
Hammondz,

i have set up the gadi abo ea v1.2 since yesterdays open but same thing...no errors..but no trades as well. i'm pretty sure there is a bug involved since i tried it on diffrent broker demos n on both my home pc n vps..same thing..no errors n no trades as well.

so far no coders have been keen to take a closer look at middleasterns ea n that is weird cos i think it has potential. maybe we gotta wait for more coders to come on board. any coders here willing to answer the call?

there have been very nice breakouts the last couple of days n the gadi breakout method is really doing well looking at the charts..hope we can get the ea to work soon. thanks for your efforts gg53 n middleastern!
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