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The gg53 "Killing Zone"

  • #941
  • Nov 1, 2012 8:16pm Nov 1, 2012 8:16pm
Re Asian tunnel,

For my MT4 broker the asian start is at time 0. With a 0 value for start time only one line is drawn.
  • #942
  • Nov 1, 2012 8:46pm Nov 1, 2012 8:46pm
Gadi_OBV updated to v2.0.

Added features:
Show Asian session channel.
Session Start - in hours.
Session End - in hours.
Percent increase - Safety level (in percent fraction).

Blue line - Channel High
Red line - Channel Low
Level lines - above/below safety increase.

If the session is not complete you will see only one line to mark its start.

For programmers reference:
Value 1 - Indicator.
Value 2 - Channel High.
value 3 - Channel Low.

Enjoy.

G.
Attached File(s)
File Type: ex4 Gadi_OBV_v2.0.ex4   7 KB | 554 downloads
  • #943
  • Nov 1, 2012 9:39pm Nov 1, 2012 9:39pm
Thanks G for Gadi OBV v2.0. Is there the possibility that have some history in order to analyze past sessions?
Humble & Kalcker CLO2 = Covid killer
  • #944
  • Nov 2, 2012 3:49am Nov 2, 2012 3:49am
Thank You GG for the latest update on Gadi OBV. Appreciate it very much.
  • #945
  • Nov 2, 2012 4:42am Nov 2, 2012 4:42am
Gadi_OBV is now v2.1.

Added features:
MTF
Channel Start/End can be set in Hours/Minutes.
Channel times disply on chart.

Enjoy.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: channel.gif Size: 23 KB
Attached File(s)
File Type: ex4 Gadi_OBV_v2.1.ex4   7 KB | 637 downloads
  • #946
  • Nov 2, 2012 5:26am Nov 2, 2012 5:26am
Hi G,

Trying to understand your Gadi OBV 2.0 Asian Tunnel.

i have superimposed GadOBV 2.0 and The Gadi Asian Tunnel.

Both, at 8.00, have the same Max and Min.
Then Gadi Obv 2.0 min changes.

Could you explain the change in the minimum of the Asian session.

Pat
Attached Image (click to enlarge)
Click to Enlarge Name: gadiobv demo.jpg Size: 78 KB
  • #947
  • Nov 2, 2012 5:46am Nov 2, 2012 5:46am
Quoting Pat1
Hi G,

Trying to understand your Gadi OBV 2.0 Asian Tunnel.

i have superimposed GadOBV 2.0 and The Gadi Asian Tunnel.

Both, at 8.00, have the same Max and Min.
Then Gadi Obv 2.0 min changes.

Could you explain the change in the minimum of the Asian session.

Pat
Is Gadi_OBV v2.0 Ok by itself between start/end of its channel?
Is there a BUG in its calculation?

I'm not comparing codes and indicators.

G.
  • #948
  • Nov 2, 2012 7:08am Nov 2, 2012 7:08am
Quoting gg53
Is Gadi_OBV v2.0 Ok by itself between start/end of its channel?
Is there a BUG in its calculation?

I'm not comparing codes and indicators.

G.
G,

I am not comparing the codes or the indicators.

I am comparing the values of Max and Min for the asian session. Once the Asian Session is complete, the max and min should not change, if that is what we are accomplishing.

Version 2.0 tends to change its values every hour. I'm not sure whether you want it to change.

Your GO 2.1 seems to be doing the same. I have put that on the strategy tester to speed things up.

See the short video of how the indicators work in real time speed up.
Attached File(s)
File Type: zip 2012-11-02_0704.zip   4.3 MB | 766 downloads
  • #949
  • Nov 2, 2012 7:49am Nov 2, 2012 7:49am
Quoting Pat1
G,

I am not comparing the codes or the indicators.

I am comparing the values of Max and Min for the asian session. Once the Asian Session is complete, the max and min should not change, if that is what we are accomplishing.

Version 2.0 tends to change its values every hour. I'm not sure whether you want it to change.

Your GO 2.1 seems to be doing the same. I have put that on the strategy tester to speed things up.

See the short video of how the indicators work in real time speed up.
Pat1,

You are right. I wasn't paying attention to what's happening after the channel close.

Please ignore both v2.0 & v2.1.

G.
  • #950
  • Nov 2, 2012 2:08pm Nov 2, 2012 2:08pm
Another good day for me with the help of Gadi's indicators combined with s/r areas, i sell gbpusd after the bounce from a strong resistance at 1.6175, the Gadi_currency shows the gbp weakness and Gadi_obv falls from the overbought zone, i set my profit at the next support level 1.6020 and as always i closed it too early (if you see it now......) anyway about 80 green pips

Thank you very much G
Sabrina
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 14 KB
  • #951
  • Nov 2, 2012 6:49pm Nov 2, 2012 6:49pm
gg, we should not use v2.0 and 2.1 ......and wait for the correct one from you ?

Quoting gg53
Pat1,

You are right. I wasn't paying attention to what's happening after the channel close.

Please ignore both v2.0 & v2.1.

G.
  • #952
  • Nov 3, 2012 12:48am Nov 3, 2012 12:48am
Quoting alij79
gg, we should not use v2.0 and 2.1 ......and wait for the correct one from you ?
alij79,

Both v2.0 & v2.1 are displaying the correct channel from channel start to channel end.
The "problem" is that after channel "end" it continues to update the channel min./max. . Next update will ignore channel changes after channel "end".

G.
  • #953
  • Nov 3, 2012 5:53am Nov 3, 2012 5:53am
Quoting sabrys5769
Another good day for me with the help of Gadi's indicators combined with s/r areas, i sell gbpusd after the bounce from a strong resistance at 1.6175, the Gadi_currency shows the gbp weakness and Gadi_obv falls from the overbought zone, i set my profit at the next support level 1.6020 and as always i closed it too early (if you see it now......) anyway about 80 green pips

Thank you very much G
Sabrina
It is very silence here today.... Gg53 i know you trade volume end not PA and maybe you dont like it but what do you think about my trade? Is it the right way to use your indicators? Any comment??

Thanks for your patience
Sabrina
  • #954
  • Edited 12:58pm Nov 3, 2012 12:06pm | Edited 12:58pm
Quoting sabrys5769
It is very silence here today.... Gg53 i know you trade volume end not PA and maybe you dont like it but what do you think about my trade? Is it the right way to use your indicators? Any comment??

Thanks for your patience
Sabrina
Sabrina,

This is a very good and safe (low risk) trade.

I would have entered this trade about 8-12 hours earlier with confirmation from Gadi_OBV.

I don't use Support/Resistance in my trading unless they are some price's round numbers.


G.

Edit:

I just found out that our VPS EA did make the same trade...See the dotted line on the chart.


Gadi_OBV & Gadi_Currencies have a "predictive" nature - so for me they carry more "weight" in my trading decisions.
Add to that the fact that my "support/resistance" is the Elephants "round numbers" habbit (in this case it was 1.61600).

As you can see from the attached chart:
Gadi_OBV - Sell
Gadi_Currencies - Sell
Gadi_TickVolume - from UP to Flat
Support/Ressitance reached.

Correlation:
GBPJPY - SELL - Very slowly reached +50 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.gif Size: 27 KB
  • #955
  • Nov 3, 2012 3:34pm Nov 3, 2012 3:34pm
Quoting gg53
Sabrina

This is a very good and safe (low risk) trade.

I would have entered this trade about 8-12 hours earlier with confirmation from Gadi_OBV.

I don't use Support/Resistance in my trading unless they are some price's round numbers.


G.

Edit:

I just found out that our VPS EA did make the same trade...See the dotted line on the chart.


Gadi_OBV & Gadi_Currencies have a "predictive" nature - so for me they carry more "weight" in my trading decisions.
Add to that the fact that my "support/resistance" is the Elephants...
Hello G,
Thank you for the reply, it is very interesting to see the chart you post from the vps ea (wow..!!!) i also sell gbpjpy and eurjpy but i closed both soon because the price did not move.

I'm learning a lot from you...please keep it up!!!
Thank you very very much
Sabrina
  • #956
  • Edited Nov 4, 2012 6:24am Nov 3, 2012 3:49pm | Edited Nov 4, 2012 6:24am
I LOVE GADI_OBV

THAT TOOL.? MA NEW BABY

Did a backtest of the Asian BO on the hourly TF.. AWESOME!!!!

Thanks GG53..
  • #957
  • Nov 4, 2012 8:32am Nov 4, 2012 8:32am
Quoting gg53
Some non-related news can affect your Forex trading.
It's good to learn how to read the news with a Forex mindset.

Example 1:
Huricane Sandy - if it's going to heavilly hit the east coast there will be some potential damage to oil refineries there.
The POTENTIAL alone will increase the OIL prices.
The Canadian currency (CAD) will increase since Canada is a major oil exporter.

Example 2:
If the Iranian nuclear crisis remains the same (no resolution) - the chances of a joint military action against Iran will increase dramaticaly.
Chances are...
Sandy is gone, so let's check the first prediction about the CAD a day after the prediction (31 Oct, 2012) till last weekend:
CADCHF - check against "Hard" currency (+170 pips).
CADJPY - check against another part of the world (+100 pips).
EURCAD - check against another part of the world (+200 pips).
USDCAD - almost the same weather... (+70 pips).

Learn to read the news...

G.
  • #958
  • Nov 4, 2012 10:18am Nov 4, 2012 10:18am
gg, i hope its fixed in ur next release... can u tell me how to set time to match broker times for asian market open and close ?

Quoting gg53
alij79,

Both v2.0 & v2.1 are displaying the correct channel from channel start to channel end.
The "problem" is that after channel "end" it continues to update the channel min./max. . Next update will ignore channel changes after channel "end".

G.
  • #959
  • Nov 4, 2012 11:07am Nov 4, 2012 11:07am
Quoting alij79
gg, i hope its fixed in ur next release... can u tell me how to set time to match broker times for asian market open and close ?
alij79,

The time setting in Gadi_OBV (next release) should be according to your BROKER time and not your local time.

Asian Session starts at 00:00 GMT (Tokyo open) and ends with Europe Open - Frankfurt (07:00 GMT) or London (08:00 GMT).

See Forex timing here:
http://www.forexmarkethours.com/GMT_hours/02/

I prefer the Frankfurt open as an end to the Asian session for VOLUME breakout.

The next release of Gadi_OBV will be tomorrow afternoon.

G.
  • #960
  • Nov 4, 2012 2:50pm Nov 4, 2012 2:50pm
Quoting gg53
Middleastern,

I've already posted that several times.
SL = PSAR or previous high/low if PSAR doesn't exist.
BE = when in 8-10 pips profit set SL to BE+2xspread+1.
TS = 8
TP = 2xSL (Min.)

G.
Hello G,
If i can ask you.. What is your MM when you trade higher tf as H4 or D1? Is it like the one above (obviously with a different amount of pips) or you set it in another way?

Thank you
Sabrina
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