The gg53 "Killing Zone" | Page 54 | 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"

  • #1,061
  • Nov 11, 2012 7:45am Nov 11, 2012 7:45am
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:
Eval,
You need to change the settings of your TVI indie to 8,8,5 so that it matches the Gadi Tick Volume.
  • #1,062
  • Nov 11, 2012 7:47am Nov 11, 2012 7:47am
Quoting gg53
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.
gg53,

So, on 1 you would not enter because killzone. Understand.

So, if I follow your logic you only make order when all 3 agree and outside of killzone..

1. Invalid because in killzone

1b.Invalid because Tick (blue) and Normalized (red) and Currency (red) - no order execute

2. Invalid because Tick (blue) and Normalized (red) and Currency (red) - no order execute

3. Invalid because Tick (red) and Normalized (blue) and Currency (red) - no order execute

4. Invalid because Tick (red) and Normalized (blue) and Currency (red) - no order execute

5. Valid because Tick (red) and Normalized (red) and Currency (red) - valid signal make sell order

6. Invalid because Tick (blue) and Normalized (blue) and Currency (red) - no order execute

7. Invalid because Tick (red) and Normalized (red) and Currency (blue) - no order execute

8. Invalid because Tick (red) and Normalized (blue) and Currency (red) - no order execute


So, based on your post only 1 of the 9 signals are valid number 5 a sell. Do I have this correct? As to your pips returns I am talk only about this instance (9 signals) of the 15 min chart. (I am not try to question your trade skills) I am looking for your exit levels...if you exit on change at when the 3 indikators change then I understand.

Evaluator.:nerd:
  • #1,063
  • Nov 11, 2012 7:50am Nov 11, 2012 7:50am
Quoting tixy
Eval,
You need to change the settings of your TVI indie to 8,8,5 so that it matches the Gadi Tick Volume.

I see no ability to change settings on Gadi Tick Volume 2.1 there are no input settings for this updated Indikator.

Evaluator.:nerd:
  • #1,064
  • Nov 11, 2012 7:57am Nov 11, 2012 7:57am
Quoting Evaluator
I see no ability to change settings on Gadi Tick Volume 2.1 there are no input settings for this updated Indikator.

Evaluator.:nerd:


....here you go .....
Attached File(s)
File Type: ex4 TVI_v2.ex4   9 KB | 633 downloads
  • #1,065
  • Nov 11, 2012 8:04am Nov 11, 2012 8:04am
Quoting tixy
....here you go .....Attachment

Many thanks...dowloaded and loaded into chart and it is same as Gadi Tick 2.1
  • #1,066
  • Nov 11, 2012 8:07am Nov 11, 2012 8:07am
Quoting Evaluator
gg53,

So, on 1 you would not enter because killzone. Understand.

So, if I follow your logic you only make order when all 3 agree and outside of killzone..

1. Invalid because in killzone

1b.Invalid because Tick (blue) and Normalized (red) and Currency (red) - no order execute

2. Invalid because Tick (blue) and Normalized (red) and Currency (red) - no order execute

3. Invalid because Tick (red) and Normalized (blue) and Currency (red) - no order execute

4. Invalid because Tick (red) and Normalized (blue) and Currency (red) - no order...
No, you are not correct.
1. You DON'T have the (new) Gadi_NormalizedVolume and you are trying to match the old indicator.
2. I'm using MM to trail profit - and if an indicator change I reduce the Trailing to near minimum.

G.

Edit:
See post #1050 (explain Gadi_NormalizedVolume).
  • #1,067
  • Nov 11, 2012 8:22am Nov 11, 2012 8:22am
Quoting gg53
No, you are not correct.
1. You DON'T have the (new) Gadi_NormalizedVolume and you are trying to match the old indicator.
2. I'm using MM to trail profit - and if an indicator change I reduce the Trailing to near minimum.

G.

Edit:
See post #1050 (explain Gadi_NormalizedVolume).
Thanks.

What is estimated release date for 2.2 version per you post 1050?

Evaluator.:nerd:
  • #1,068
  • Nov 11, 2012 8:59am Nov 11, 2012 8:59am
Quoting Evaluator
Thanks.

What is estimated release date for 2.2 version per you post 1050?

Evaluator.:nerd:
Evaluator,

Since you are closely watching this forum, you must have read post #1045.

G.
  • #1,069
  • Nov 11, 2012 9:02am Nov 11, 2012 9:02am
Quoting Evaluator
Many thanks...dowloaded and loaded into chart and it is same as Gadi Tick 2.1
Thats as close as I can get it to mirror Gadi Tick Volume. I only use it for backtesting - best to use Gadi Tick Volume as G has gone through so much trouble making these indies for us.
Thanx again G
  • #1,070
  • Nov 11, 2012 9:42am Nov 11, 2012 9:42am
Quoting gg53
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.
.. A real "Guerrila Tactics"....

May i ask you which is the timezone of the broker you use for your "crazy" system?

Thank you
Sabrina
  • #1,071
  • Nov 11, 2012 9:56am Nov 11, 2012 9:56am
Quoting sabrys5769
.. A real "Guerrila Tactics"....

May i ask you which is the timezone of the broker you use for your "crazy" system?

Thank you
Sabrina
Sabrina,

It's Alpari UK - GMT+1.
Please ignore that post - I'll discuss that technique in due time.

G.
  • #1,072
  • Nov 11, 2012 10:43am Nov 11, 2012 10:43am
Hi Everybody

First I would like to thanks to gg53 for your contribution and time. I'm glad that I have opportunity to learn from You. Since few weeks I'm using this system combined with some volume spread analysis. And I very happy with results. I have one question related to the Gabi Currency indi: is there any possibility to obtain longer chart, I mean more then just 2-3 days. Maybe you could consider add some parameter to this indi, for example number of historical bars to draw ? Or my it's possible already, but I do not know how to switch it on. I think it will be very helpful for learning this system with possibility to analyse indi and price behavior from past. I will be grateful for considering my proposal.

Thanks again to gg53
  • #1,073
  • Nov 11, 2012 1:20pm Nov 11, 2012 1:20pm
Quoting gg53
Sabrina,

It's Alpari UK - GMT+1.
Please ignore that post - I'll discuss that technique in due time.

G.
Don't worry... this is not for me... it takes so much experience to do that .. and then i prefer more relaxed time frames.

  • #1,074
  • Nov 11, 2012 2:16pm Nov 11, 2012 2:16pm
gg.. i am still confused on killing zone...... how do u determine the start of killing zone?

Quoting gg53
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.
  • #1,075
  • Nov 11, 2012 2:40pm Nov 11, 2012 2:40pm
Quoting alij79
gg.. i am still confused on killing zone...... how do u determine the start of killing zone?
alij79,

3 methods:

1. Pre-determind time - (like Asian session when we know in advance start/end times)
2. Visually - you spot a long enough sequence of bars/candles with minimal close price movement. See some of my Gold (XAUUSD) predictions here, Or the "How to rob a Swiss bank" posts.
3. Large move - followed by "consolidation" period.

G.
  • #1,076
  • Nov 11, 2012 2:56pm Nov 11, 2012 2:56pm
Quoting alij79
gg.. i am still confused on killing zone...... how do u determine the start of killing zone?
alij79,

Here is an extreme example of visually identified "Killing Zone" from "How to rob a Swiss Bank".
The logic behind it is explained in that post. It's worth about +130 pips, and it happened a few times.

Just write a small script that says "if Gadi_OBV > xxx -> BUY" and go sailing around the world.

You can find much less extereme cases all over.
Most traders are running away when they see such "flat" areas. I just love them... It's a "set and collect the cheque...".

G.
Attached Image (click to enlarge)
Click to Enlarge Name: swissbank.gif Size: 26 KB
  • #1,077
  • Nov 11, 2012 5:38pm Nov 11, 2012 5:38pm
Quoting gg53
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.
One question G, must we wait till bar close to read match or we enter asap?
Humble & Kalcker CLO2 = Covid killer
  • #1,078
  • Nov 11, 2012 6:22pm Nov 11, 2012 6:22pm
Quoting jusiur
One question G, must we wait till bar close to read match or we enter asap?
jusiur,

Wait for bar close.

G.
  • #1,079
  • Edited 4:56am Nov 12, 2012 4:22am | Edited 4:56am
Quoting gg53
Evaluator,

..
Past 4 days of trading, closed on last Friday end, 18% profit on the account, 1 loss.
Have been following closely the probing questions by Evaluator and studying the chart with Symphonie Matrix and noticed that:
1. Even though it is a EURUSD chart, Gadi_Currencies is showing EU and GBP instead of USD. How is that possible?
2. Interesting to compare the Matrix with TickVolume, which seems to be more sensitive to small retracements.
In my opinion a very important consideration when an account cannot sustain large drawdowns.
EP
  • #1,080
  • Nov 12, 2012 11:41am Nov 12, 2012 11:41am
HI gg,

Thank you gg for your effort, I have to say that again over and over, this is real gem . Everything has perfect logic. Just one question in my mind while checking your new charts. I have checked your both charts w/ new Gadi_NormalizedVolume_v2.0 (15M, 4H) and here is my annotation. All conditions agree, but you probably have to consider also the height of volume (above/below average => I think it's represented by white dotted line).
So I have checked those trades and marked them valid or not valid (the orange ones are trades taken instead of previous invalid trades, where the Volume was above average).

Cheers,
Kapy
Attached Images
2 traders viewing now