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The gg53 "Killing Zone"

  • #1,041
  • Nov 9, 2012 1:13pm Nov 9, 2012 1:13pm
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...
looking more like it :nerd:
well done G
thanks
  • #1,042
  • Edited 4:59pm Nov 9, 2012 4:28pm | Edited 4:59pm
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 "round...
Hello G,

I updated my charts with the new indicators and had fun to watch my past trades, in the case of my gbpusd trade you can see in the chart below that i would not have entered at 00:00 candel as i did (the first red vertical line), the Gadi_TickVolume is above 0 pullback in an up trend and we have low volume from the Gadi_NormalizedVolume (below 0), but i have entered at 12:00 candel (the second vertical line) with the Gadi_tickVolume below 0 and high volume from Gadi_NormalizedVolume (even if the bar of the indicators is blue and the direction is wrong.. i don't know if i understand it correctly...).
It would be a little late entry, but in this case with the Gadi_TickVolume i would have been able to follow the major trend and stay in the trade till now.

Obviously this is without considering news, Obama issue and s/r areas but only for a basic approach about how to use your indicators in the rigth way.

as always... thank you G
Sabrina
Attached Image (click to enlarge)
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  • #1,043
  • Nov 9, 2012 5:06pm Nov 9, 2012 5:06pm
Quoting sabrys5769
Hello G,

I updated my charts with the new indicators and had fun to watch my past trades, in the case of my gbpusd trade you can see in the chart below that i would not have entered at 00:00 candel as i did (the first red vertical line), the Gadi_TickVolume is above 0 pullback in an up trend and we have low volume from the Gadi_NormalizedVolume (below 0), but i have entered at 12:00 candel (the second vertical line) with the Gadi_tickVolume below 0 and high volume from Gadi_NormalizedVolume (even if the bar of the indicators is blue and the direction...
Sabrina,

You should be in bed at this hour...

I need to finish the Gadi_NormalizedVolume algorithm so that the color will match those of TickVolume. then it will be easier to spot.
I'm glad that you are enjoying the indies.

G.
  • #1,044
  • Nov 10, 2012 1:13am Nov 10, 2012 1:13am
"You should be in bed at this hour..."

Yea.... like old people and children..... you make me smile this morning.....

Have a nice weekend
Sabrina
  • #1,045
  • Edited 9:27am Nov 10, 2012 8:08am | Edited 9:27am
9:9 = 100% !!

I think I've finished with the Gadi_NormalizedVolume. Need more live testing when the market opens before release.

The changed the algorithm so that the colors of Gadi_NormalizedVolume & Gadi_TickVolume will match in order to visually create a mini-signal.

Start checking from the botom up - match the Volume/Tick colors and then the up/down of Gadi_Currencies & Gadi_OBV.
If you combine ALL the signals from the indicators - you will get 8/8 correct entry signals.
The leftmost vertical bar got a NO-NO signal from the Asian Killing-Zone.

That's pretty amazing on a short TF.

See the attached on M15 chart.

G.
Attached Image (click to enlarge)
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  • #1,046
  • Nov 10, 2012 9:26am Nov 10, 2012 9:26am
Same as previous post - on H4 chart.

G.
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  • #1,047
  • Nov 10, 2012 9:49am Nov 10, 2012 9:49am
hi gg....... thank you for putting up wonderful system ad continue improving it........really love this thread, i have learned soo much..

I am getting confused now on tick volume and volume normalization indicators v2.1 u released... following are my questions:

1. in tick volume v2.1 do we have to take long once its above 0 and blue and short when red and below 0 or we have just have to look at tick volume direction and match with other indicators to enter trade ?

2. if we wait for tick volume to cross 0 and match with other gadi indicators to enter trade then i see its v late signal and quite a few times trend is already at end or finished.

3. lines 3 , 5 and 8 starting from left does not seem to be winners, can u pls explain further why we took these entries whether its buy or sell... i f can mention against will give more clear idea to all of us...

thanks again for all the help u have extended, stay blessed.

Quoting gg53
9:9 = 100% !!

I think I've finished with the Gadi_NormalizedVolume. Need more live testing when the market opens before release.

The changed the algorithm so that the colors of Gadi_NormalizedVolume & Gadi_TickVolume will match in order to visually create a mini-signal.

Start checking from the botom up - match the Volume/Tick colors and then the up/down of Gadi_Currencies & Gadi_OBV.
If you combine ALL the signals from the indicators - you will get 8/8 correct entry signals.
The leftmost vertical bar got a NO-NO signal from the Asian...
  • #1,048
  • Nov 10, 2012 10:24am Nov 10, 2012 10:24am
Quoting alij79
hi gg....... thank you for putting up wonderful system ad continue improving it........really love this thread, i have learned soo much..

I am getting confused now on tick volume and volume normalization indicators v2.1 u released... following are my questions:

1. in tick volume v2.1 do we have to take long once its above 0 and blue and short when red and below 0 or we have just have to look at tick volume direction and match with other indicators to enter trade ?

2. if we wait for tick volume to cross 0 and match with other gadi indicators...
alij79,

1. Gadi_TickVolume - BLUE=More BUYERS. RED=more SELLERS.
Blue above zero = with the trend.
Red above zero = pullback or start of new trend.
Red below zero = with the trend.
Blue below zero = pullback or start of new trend.

Just match the "Blue" with Gadi_OBV UP and the currency pair in relevant direction.
Just match the "Red" with Gadi_OBV DOWN and the currency pair in relevant direction.

The above/below zero is just to identify if you are trading with or against the trend (pullback).
Since we don't know if the pullback is going to be a trend by itself - be more carefull with your exit/trailing.


2. The "zero cross" means nothing for the trade - it just shows that the pullback became a trend by itself.

3. Indeed, they are not "big" winners - but the direction is correct and they can be protected by BE + some more.
They are there because they follow the "rules" - I didn't want to "filter" the results of the signals.

If you check again: 3, 5, 8 are "Pullbacks" - hence the "low" pips results and carefull Trailing.

G.
  • #1,049
  • Edited 8:19pm Nov 10, 2012 5:21pm | Edited 8:19pm
Quoting gg53
alij79,

1. Gadi_TickVolume - BLUE=More BUYERS. RED=more SELLERS. . . G.
Very clear and logical explanation, may I ask the same (explanation) for the new Gadi_NormalizedVolume v2.1? I see a new "look", no more above/below 0 line, a dotted line instead, it´s our new reference? I think it is fairly intuitive to use, but I would like to know how you interpret that information
Tks and happy weekend.
Humble & Kalcker CLO2 = Covid killer
  • #1,050
  • Nov 10, 2012 5:58pm Nov 10, 2012 5:58pm
Quoting jusiur
Very clear and logical esplanation, may I ask the same (explanation) for the new Gadi_NormalizedVolume v2.1? I see a new "look", no more above/below 0 line, a dotted line instead, it´s our new reference? I think it is fairly intuitive to use, but I would like to know how you interpret that information
Tks and happy weekend.
jusiur,

The standard Volume indicator that comes with MT4 shows green/red bars with height according to actuasl volume.
The Green means higher volume than the previous one and the Red means a lower volume than the previous bar.

My previous Gadi_NormalizedVolume was mimickig the same logic - with more clear view of Low-Volume areas.

The new Gadi_NormalizedVolume (currently testing v2.2) is based on different logic.
It now shows the DIRECTION of the traded volume (i.e. Blue=Price UP, Red=Price Down, White=Near equal or insignificant diff. - "Doji").
Low volume is below the dotted horizointal line.

To me it makes more sense that the colors will show the direction of the volume instead of the relation to the previous bar.

Now you can use the "color match" between Gadi_NormalizedVolume & Gadi_TickVolume as a mini-signal with more visual ease.

Hope this helps.

G.

Edit:
Don't ignore the "White" bars. Many times after a "Doji" bar/candle comes a large move.
It behave very much like a "Breakout".
  • #1,051
  • Nov 10, 2012 6:41pm Nov 10, 2012 6:41pm
Quoting gg53
Same as previous post - on H4 chart.

G.
Really amazing on H4 chart... six of eight signals are good for profit and from the first there is a large move....

The explanation about the "zero cross" means nothing for the trade made me understand better.

Grazie
Sabrina
  • #1,052
  • Nov 11, 2012 3:50am Nov 11, 2012 3:50am
Quoting gg53
9:9 = 100% !!

I think I've finished with the Gadi_NormalizedVolume. Need more live testing when the market opens before release.

The changed the algorithm so that the colors of Gadi_NormalizedVolume & Gadi_TickVolume will match in order to visually create a mini-signal.

Start checking from the botom up - match the Volume/Tick colors and then the up/down of Gadi_Currencies & Gadi_OBV.
If you combine ALL the signals from the indicators - you will get 8/8 correct entry signals.
The leftmost vertical bar got a NO-NO signal from the Asian Killing-Zone....
G,
Am I right in assuming the first trade and second trade (15 Min chart) would not have been taken as they were both in the killing zone?
  • #1,053
  • Nov 11, 2012 5:02am Nov 11, 2012 5:02am
thanks gg.... your explaination really helps.....cant wait for the new gadi normalization indicator..... excellent logic.....thanks again!!

Quoting gg53
jusiur,

The standard Volume indicator that comes with MT4 shows green/red bars with height according to actuasl volume.
The Green means higher volume than the previous one and the Red means a lower volume than the previous bar.

My previous Gadi_NormalizedVolume was mimickig the same logic - with more clear view of Low-Volume areas.

The new Gadi_NormalizedVolume (currently testing v2.2) is based on different logic.
It now shows the DIRECTION of the traded volume (i.e. Blue=Price UP, Red=Price Down, White=Near equal or insignificant...
  • #1,054
  • Nov 11, 2012 5:56am Nov 11, 2012 5:56am
gg53,

I have been playing with your system ever since you came to the SAFT thread and I have enjoyed watching the progression and refinements of your theory. (Kudos ) However, after months of following I still have the same problems that I have from the first and that is a complete understanding of your signals and which ones to take and which ones not to take.

I have taken a screenshot of your 15 min and put is on mine and lined up your vertical bars just as you have done. Of the 8 signals you identified can you please (for the effort of understanding) tell me which one (1 though 8) are buy and sell and which signals do you take and why or why not on each?

I think for the purposes of understand it would really help those like myself who still can not get a firm grasp on exactly which ones to take and why or why not.

I really enjoy and agree with your theory on OBV as it is the main component of SAFT but I am still having difficulty understand exactly which signals to take and which to disregard.

Evaluator.:nerd:
Attached Image (click to enlarge)
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  • #1,055
  • Edited 6:32am Nov 11, 2012 6:00am | Edited 6:32am
Quoting tixy
G,
Am I right in assuming the first trade and second trade (15 Min chart) would not have been taken as they were both in the killing zone?
tixy,

You are 50% right... ;-}

The first one on the M15 chart is within the "Killing Zone" - don't trade (mentioned already in that post).

The second one is a valid entry - the "Killing Zone" is ended by 3 consecutive down moves.

G.
  • #1,056
  • Edited 6:38am Nov 11, 2012 6:28am | Edited 6:38am
Quoting Evaluator
gg53,

I have been playing with your system ever since you came to the SAFT thread and I have enjoyed watching the progression and refinements of your theory. (Kudos ) However, after months of following I still have the same problems that I have from the first and that is a complete understanding of your signals and which ones to take and which ones not to take.

I have taken a screenshot of your 15 min and put is on mine and lined up your vertical bars just as you have done. Of the 8 signals you identified can you please (for the effort...
Evaluator,

1. Gadi_NormalizedVolume & Gadi_TickVolume are your visually first "mini-signal".
You should consider an entry when they FIRST match (Blue/Blue or Red/Red). DON'T enter if you missed the first match.

2. Check that Gadi_Currencies match the relevant direction (buy EURUSD if EUR going UP & USD going DOWN).

3. Check Gadi_OBV going Up for BUY or going Down for SELL.

4. Check Gadi_OBV if not within the "Killing Zone".

ALL 4 conditions MUST line-up for safe entry.

As to the M15 chart with the 9 vertical lines - only the first one is not a valid entry because it is within the "Killing Zone" - which ended after 3 down moves ~ an hour later. All the other entries are valid and in the direction of the first blue or red match.

G.

Edit:
BTW: Your posted chart doesn't match my chart.
  • #1,057
  • Nov 11, 2012 6:51am Nov 11, 2012 6:51am
Quoting gg53
tixy,

You are 50% right... ;-}

The first one on the M15 chart is within the "Killing Zone" - don't trade (mentioned already in that post).

The second one is a valid entry - the "Killing Zone" is ended by 3 consecutive down moves.

G.
Makes a lot of sense now. Thanx G
  • #1,058
  • Nov 11, 2012 6:53am Nov 11, 2012 6:53am
Back to the "Killing Zone" with the (new) Gadi_NormalizedVolume

Now you can use Gadi_NormalizedVolume to draw the "Killing Zone".
Same logic as initially introduced - If you spot an area of more than 6 alternating colors, ending with 3 consecutive Red or Blue - that's a new "Killing Zone - DON'T trade.

See attached:
Vertical line #1 - Start of KZ.
Vertical line #2 - End of KZ.
Vertical line #3 - Breakout.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: kz.gif Size: 42 KB
  • #1,059
  • Nov 11, 2012 7:05am Nov 11, 2012 7:05am
Quoting gg53
Evaluator,

1. Gadi_NormalizedVolume & Gadi_TickVolume are your visually first "mini-signal".
You should consider an entry when they FIRST match (Blue/Blue or Red/Red). DON'T enter if you missed the first match.

2. Check that Gadi_Currencies match the relevant direction (buy EURUSD if EUR going UP & USD going DOWN).

3. Check Gadi_OBV going Up for BUY or going Down for SELL.

4. Check Gadi_OBV if not within the "Killing Zone".

ALL 4 conditions MUST line-up for safe entry.

As to the M15 chart with the 9 vertical lines - only the first...
Apologies for missing 1b

You say that all the ones past the first (because in the killing zone) are valid. What kind of pips are your returning? Please explain each vertical line past 1. (for example: signal 10 valid sell entry because breakout from killzone and all conditions agrees...exit next tick volume change)

That is what I am looking for to understand your entry and exit conditions.

Thanks,

Evaluator.:nerd:
Attached Image (click to enlarge)
Click to Enlarge Name: gADI02.png Size: 40 KB
  • #1,060
  • Edited 9:04am Nov 11, 2012 7:26am | Edited 9:04am
Quoting Evaluator
Apologies for missing 1b

You say that all the ones past the first (because in the killing zone) are valid. What kind of pips are your returning? Please explain each vertical line past 1. (for example: signal 10 valid sell entry because breakout from killzone and all conditions agrees...exit next tick volume change)

That is what I am looking for to understand your entry and exit conditions.

Thanks,

Evaluator.:nerd:
Evaluator,

See my previous post - Your chart does not match my chart.

As to MM/SL/TP/Trailing - see few of my first posts. Already discussed here.
I'm returning enough pips to support my family a a few of my friends.

G.

Edit:
Attached is my "Crazy" system based on same entry signals.
It's based on my "Guerrila Tactics" which is against all recommended Forex rules - but the entries are the same as outlined.
Past 4 days of trading, closed on last Friday end, 18% profit on the account, 1 loss.
Attached Image (click to enlarge)
Click to Enlarge Name: 4d_Crazy.png Size: 103 KB
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