The gg53 "Killing Zone" | Page 52 | 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"

  • #1,021
  • Nov 7, 2012 8:38pm Nov 7, 2012 8:38pm
Indicators Update:

Gadi_TickVolume v2.0:
Same logic as previous version.
Added color to identify trend.
Line Above 0 & blue - UP trend.
Line Above 0 & red - PullBack.
Line Below 0 & red - DOWN trend.
Line Below 0 & blue - PullBack.

Gadi_NormalizedVolume:
Same logic as previous version - DON'T trade below 0.
Changed color to identify Volume direction - both above and below 0.

Enjoy.

G.
Attached File(s)
File Type: ex4 Gadi_TickVolume_v2.0.ex4   8 KB | 660 downloads
File Type: ex4 Gadi_NormalizedVolume_v2.0.ex4   2 KB | 689 downloads
  • #1,022
  • Nov 8, 2012 1:07am Nov 8, 2012 1:07am
Quoting gg53
Sabrina,

I suggest a Leonardo picture instead of Forex guide.
My personal hero.

G.
Yes... i have it... he would be a great... very logical trader...

have a nice day!
Sabrina
  • #1,023
  • Nov 8, 2012 1:49am Nov 8, 2012 1:49am
Wow! Thanx for the updated indicators G. They are very helpful
  • #1,024
  • Nov 8, 2012 8:14am Nov 8, 2012 8:14am
Past few hours possible trade signals. Busy day...
#1 signal - Obvious...
#2 signal - The GBP sharply moving up to become the strongest currency.
#3 signal - The GBP strength is reversing against all others.

As usual - check each possible trade with the other indies.

Green pips to all.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp.gif Size: 36 KB
  • #1,025
  • Nov 8, 2012 9:19am Nov 8, 2012 9:19am
Quoting gg53
Past few hours possible trade signals. Busy day...
#1 signal - Obvious...
#2 signal - The GBP sharply moving up to become the strongest currency.
#3 signal - The GBP strength is reversing against all others.

As usual - check each possible trade with the other indies.

Green pips to all.

G.
Hi gg,

I don't get it in #2 - why this point should be the potential opportunity to check w/ other indicators further. I got #1 and #3, that's what you already elaborated before, but why #2 ? (sell everything against GBP ?)

Kapy
  • #1,026
  • Nov 8, 2012 9:36am Nov 8, 2012 9:36am
Quoting kapybara
Hi gg,

I don't get it in #2 - why this point should be the potential opportunity to check w/ other indicators further. I got #1 and #3, that's what you already elaborated before, but why #2 ? (sell everything against GBP ?)

Kapy
kapybara,

#2 shows clearly a sharp strength gain of the GBP. In fact, it now becomes the stronger currency in the market - with no other currency around.
Furthermore - almost ALL other currencies are going in the opposite direction, i.e. loosing strength.

G.
  • #1,027
  • Edited 9:55am Nov 8, 2012 9:45am | Edited 9:55am
Quoting gg53
kapybara,

#2 shows clearly a sharp strength gain of the GBP. In fact, it now becomes the stronger currency in the market - with no other currency around.
Furthermore - almost ALL other currencies are going in the opposite direction, i.e. loosing strength.

G.
kapybara,

Take a look at an opposite situation:

Something "bad" happened to the NZD...

G.

EDIT:
Checking the FF calendar reveals that 45 minutes later from point #1 in the attached chart - came an announcement that the unemployment in New-Zealand doubled itself.
Attached Image (click to enlarge)
Click to Enlarge Name: nzd.gif Size: 33 KB
  • #1,028
  • Nov 8, 2012 10:38am Nov 8, 2012 10:38am
Updated Indicators:

Gadi_TickVolume v2.1 & Gadi_NormalizedVolume v2.1 .

Added colored text to the right.

Enjoy.

G.
Attached File(s)
File Type: ex4 Gadi_NormalizedVolume_v2.1.ex4   3 KB | 830 downloads
File Type: ex4 Gadi_TickVolume_v2.1.ex4   9 KB | 884 downloads
  • #1,029
  • Nov 8, 2012 11:04am Nov 8, 2012 11:04am
Quoting gg53
kapybara,

Take a look at an opposite situation:

Something "bad" happened to the NZD...

G.

EDIT:
Checking the FF calendar reveals that 45 minutes later from point #1 in the attached chart - came an announcement that the unemployment in New-Zealand doubled itself.
Thank you gg,

more clear now
  • #1,030
  • Nov 8, 2012 5:27pm Nov 8, 2012 5:27pm
Quoting gg53
Sabrina,

If you aim at long periods (more than 24hrs.) it is Ok to take such trade.
The WARNINGS are:

1. Don't start such trade based on signals in the "Killing Zone".

2. Make sure that you are trading with the major trend. Pullbacks are short living trades.

3. Try to be in BreakEven just before the "Killing Zone". My rule (in the few first posts) is to be in profit within the first 4 bars/candles. Otherwise I'm out of the trade. If I stay more than that, before at least BE, my signals or entry point was wrong and I'm trading "hopes"...
Hello G,
i reread my "trading guide" today and wacht the chart you post about H4 and D1, i see that if i trade the Gadi_currencies signals (with the recommended confirmations) when i have a return from the "too high/low" zone i 'm almost always in a counter trend trade and i'm not trading with the major trend (point 2...) i need a clarification.

Thank you
Sabrina
  • #1,031
  • Nov 8, 2012 8:28pm Nov 8, 2012 8:28pm
Quoting sabrys5769
Hello G,
i reread my "trading guide" today and wacht the chart you post about H4 and D1, i see that if i trade the Gadi_currencies signals (with the recommended confirmations) when i have a return from the "too high/low" zone i 'm almost always in a counter trend trade and i'm not trading with the major trend (point 2...) i need a clarification.

Thank you
Sabrina
Sabrina,

There is some misunderstandig or bad choice of words on my part...

By definition, if two currencies are on the opposite sides of the dynamic levels - the current trend is nearly over because they reach their max/min.

By rule #2 I refered to long term trades that are entered by using all the other indicator (such as your famous 16:00 EURUSD) without using the signal from "too high/low" from Gadi_Currencies.
In those cases, when all the other indicators are lined-up, and you intend to stay for long term trade - make sure you are in-trend.
The new version of Gadi_TickVolume should assist you trend direction for that TF.

Sorry for not being more clear about this.

G.
  • #1,032
  • Nov 8, 2012 9:44pm Nov 8, 2012 9:44pm
Quoting gg53
Updated Indicators:

Gadi_TickVolume v2.1 & Gadi_NormalizedVolume v2.1 .

Added colored text to the right.

Enjoy.

G.
G, I put in one subwindow original TicVolume and TicVolume v2.1, I saw some difference. Has This new version new calculation?
Attached Image (click to enlarge)
Click to Enlarge Name: diference.gif Size: 49 KB
Humble & Kalcker CLO2 = Covid killer
  • #1,033
  • Nov 9, 2012 12:32am Nov 9, 2012 12:32am
Quoting gg53
Sabrina,

There is some misunderstandig or bad choice of words on my part...

By definition, if two currencies are on the opposite sides of the dynamic levels - the current trend is nearly over because they reach their max/min.

By rule #2 I refered to long term trades that are entered by using all the other indicator (such as your famous 16:00 EURUSD) without using the signal from "too high/low" from Gadi_Currencies.
In those cases, when all the other indicators are lined-up, and you intend to stay for long term trade - make sure you are in-trend....
Ok.....Thank you G....
  • #1,034
  • Nov 9, 2012 5:57am Nov 9, 2012 5:57am
Quoting jusiur
G, I put in one subwindow original TicVolume and TicVolume v2.1, I saw some difference. Has This new version new calculation?
jusiur,

I made some small changes to make it less sensitive to minor volume difference.

G.
  • #1,035
  • Nov 9, 2012 7:41am Nov 9, 2012 7:41am
On my Desktop (2 do):

Gadi_TickVolume numbers (on the right) are really useful for pinpoint exact entry/exit in scalping.
Ignore the actual numbers - but watch the dirfference between them.
I'll add some diff calculation (number or % change) in order to reduce the overload on the math side of the brain...

Gadi_NormalizedVolume - algorithm change so that the colors of Gadi_NormalizedVolume & Gadi_TickVolume, when matched, will act as a mini-signal. Currently they are not.

Gadi_OBV - add an automatic identification of "channel" based on the (new) Gadi_NormalizedVolume. Alert for channel breakout (both "Asian" and volume channel).

Gadi_Currencies - add 2 alerts. 1 for Dynamic-Zone up/down breakout and 1 for return from that zone. Add alert when 2 TF's match in direction for a pair.

G.
  • #1,036
  • Nov 9, 2012 8:07am Nov 9, 2012 8:07am
Quoting gg53
On my Desktop (2 do):

Gadi_TickVolume numbers (on the right) are really useful for pinpoint exact entry/exit in scalping.
Ignore the actual numbers - but watch the dirfference between them.
I'll add some diff calculation (number or % change) in order to reduce the overload on the math side of the brain...

Gadi_NormalizedVolume - algorithm change so that the colors of Gadi_NormalizedVolume & Gadi_TickVolume, when matched, will act as a mini-signal. Currently they are not.

Gadi_OBV - add an automatic identification of "channel" based...
Lot of work 2 do..... Thank you very much G
  • #1,037
  • Nov 9, 2012 8:25am Nov 9, 2012 8:25am
Great day ended about an hour ago.

Asian breakout on:
GBPUSD
GBPJPY
EURUSD
EURJPY

Just a few hundreds pips...

G.
  • #1,038
  • Nov 9, 2012 9:37am Nov 9, 2012 9:37am
Thank you GG for keeping our trading at cutting edge. My trading has improved alot since I started following your thread.

Have a nice weekend.
  • #1,039
  • Nov 9, 2012 9:41am Nov 9, 2012 9:41am
Quoting gg53
On my Desktop (2 do):

Gadi_TickVolume numbers (on the right) are really useful for pinpoint exact entry/exit in scalping.
Ignore the actual numbers - but watch the dirfference between them.
I'll add some diff calculation (number or % change) in order to reduce the overload on the math side of the brain...

Gadi_NormalizedVolume - algorithm change so that the colors of Gadi_NormalizedVolume & Gadi_TickVolume, when matched, will act as a mini-signal. Currently they are not.

Gadi_OBV - add an automatic identification of "channel" based on the...
That will be great G. Can't wait.
  • #1,040
  • Nov 9, 2012 1:03pm Nov 9, 2012 1:03pm
i am happy i got 2 of the 4. oh well im getting the whole logic now
its getting better

Quoting gg53
Great day ended about an hour ago.

Asian breakout on:
GBPUSD
GBPJPY
EURUSD
EURJPY

Just a few hundreds pips...

G.
Attached Image (click to enlarge)
Click to Enlarge Name: gg.png Size: 94 KB
0 traders viewing now