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The gg53 "Killing Zone"

  • #1,081
  • Nov 12, 2012 1:27pm Nov 12, 2012 1:27pm
Quoting kapybara
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...
kapybara,

Your posted charts are too small for my old and tired eyes...
Did you annotated based on the OLD Gadi_NormalizedVolume or on a copy of my posted GIF's?

Wait for the release of the new indi to compare.

G.
  • #1,082
  • Nov 12, 2012 1:40pm Nov 12, 2012 1:40pm
Quoting gg53
kapybara,

Your posted charts are too small for my old and tired eyes...
Did you annotated based on the OLD Gadi_NormalizedVolume or on a copy of my posted GIF's?

Wait for the release of the new indi to compare.

G.
Hi gg,

Those are the same two charts you have posted (#1045, #1046). I just took a screenshot of them and added red cross and green pipe and orange vertical lines. So you can see your original large pictures in your posts. (On your charts I've only noticed that you have paired blue/blue and red/red signals, but didn't consider level of the volume - above/below average(white dotted line))

Kapy
  • #1,083
  • Nov 12, 2012 3:07pm Nov 12, 2012 3:07pm
Quoting kapybara
Hi gg,

Those are the same two charts you have posted (#1045, #1046). I just took a screenshot of them and added ...
kapybara,

I just "matched" the colors of the new indicator to show that the direction on the mini-signal is correct.
I see now that on the H4 chart - the #3 trade (from the left) is wrong. It should be either 2 bar before (first match) or not traded at all (low volume).
On the M15 chart the #5 trade (from the left) is wrong - the EUR & the USD both going up.

When trading you should consider the following (in this order of importance):

1. Am I with or against the trend (against will yield less pips and harder to protect - BE). Trend is defined by above/below zero of Gadi_TickVolume.

2. Low volume and low ticks are a lethal combination.

3. The low/high volume is the least important one. It's a moving average - and therefor doesnt mean much - but it's there for your consideration.
Ususualy, when everything else lines-up, I just ignore it.


G.
  • #1,084
  • Nov 13, 2012 12:41am Nov 13, 2012 12:41am
3. The low/high volume is the least important one. It's a moving average - and therefor doesnt mean much - but it's there for your consideration.
Ususualy, when everything else lines-up, I just ignore it.


G.[/quote]

this is not so clear to me...., but i'll wait for the release of the new indi , I hope you will post some examples so I can understand.

Thank you
Sabrina
  • #1,085
  • Nov 13, 2012 3:56am Nov 13, 2012 3:56am
Quoting sabrys5769
3. The low/high volume is the least important one. It's a moving average - and therefor doesnt mean much - but it's there for your consideration.
Ususualy, when everything else lines-up, I just ignore it.


G.
this is not so clear to me...., but i'll wait for the release of the new indi , I hope you will post some examples so I can understand.

Thank you
Sabrina[/quote]

You're not the only one Sabrina I will need to see a few charts before I fully understand how it will unfold.
  • #1,086
  • Nov 13, 2012 5:25am Nov 13, 2012 5:25am
Gadi_NormalizedVolume v2.2

The volume is now with the direction of the price movement.
Blue - Volume is pushing the price Up.
Red - Volume is pushing the price Down.
White - Volume is not moving the price in any significant direction ("Doji").

The historical bars are entirely Red/Blue/White.
The current bar is painted gradually according to the current movement direction - so you might end up with a White bar with a Blue or Red top.
That bar is considered to be according to its top color.

Don't ignore a white bar - it usually a sign of a coming large move (Doji").

A group of 4 or more consequtive White bars is a valid "Killing Zone".

A situation of Low Volume with low TickVolume is a lethal combination - Don't trade.

If everything else lines up - I pay very little attention to the fact that the Volume is below the Moving-Average.

Enjoy,

G.
Attached File(s)
File Type: ex4 Gadi_NormalizedVolume_v2.2.ex4   8 KB | 1,298 downloads
  • #1,087
  • Nov 13, 2012 5:33am Nov 13, 2012 5:33am
Quoting gg53
Gadi_NormalizedVolume v2.2

The volume is now with the direction of the price movement.
Blue - Volume is pushing the price Up.
Red - Volume is pushing the price Down.
White - Volume is not moving the price in any significant direction ("Doji").

The historical bars are entirely Red/Blue/White.
The current bar is painted gradually according to the current movement direction - so you might end up with a White bar with a Blue or Red top.
That bar is considered to be according to its top color.

Don't ignore a white bar - it usually a sign...

Thankyou G
  • #1,088
  • Nov 13, 2012 5:35am Nov 13, 2012 5:35am
Quoting tixy
Thankyou G
Thankyou G
t.me/mrt141184
  • #1,089
  • Nov 13, 2012 5:44am Nov 13, 2012 5:44am
Quoting tixy
Thankyou G
..... and its got history too
  • #1,090
  • Nov 13, 2012 6:32am Nov 13, 2012 6:32am
Quoting magistr91
Thankyou G
Grazie G
  • #1,091
  • Nov 13, 2012 7:31am Nov 13, 2012 7:31am
Quoting gg53
Gadi_NormalizedVolume v2.2

Enjoy,

G.
thank you G
  • #1,092
  • Nov 13, 2012 8:07am Nov 13, 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 on the...

G,
When you make the modifications on the Tick Volume Indie could you please move the numbers so that they fit when one minimizes their charts. As it stands now, when I have two charts I can't see the numbers on my screen. Thanx for all your hard work.
  • #1,093
  • Nov 13, 2012 8:10am Nov 13, 2012 8:10am
Quoting gg53
Gadi_NormalizedVolume v2.2

The volume is now with the direction of the price movement.
Blue - Volume is pushing the price Up.
Red - Volume is pushing the price Down.
White - Volume is not moving the price in any significant direction ("Doji").

The historical bars are entirely Red/Blue/White.
The current bar is painted gradually according to the current movement direction - so you might end up with a White bar with a Blue or Red top.
That bar is considered to be according to its top color.

Don't ignore a white bar - it usually a sign...
Thanks a lot gg ...
  • #1,094
  • Nov 13, 2012 8:14am Nov 13, 2012 8:14am
If any coders here have the time, could someone develop an alert to trigger on the first instance when the tick volume and normalize volume agree on bar close?

I have just started incorporating the new indicator this morning. 3 for 3 winners on 15 min chart. Short GBP/Jpy GBP/usd and aud/ Jpy.
  • #1,095
  • Nov 13, 2012 8:37am Nov 13, 2012 8:37am
Quoting panamamike
If any coders here have the time, could someone develop an alert to trigger on the first instance when the tick volume and normalize volume agree on bar close?

I have just started incorporating the new indicator this morning. 3 for 3 winners on 15 min chart. Short GBP/Jpy GBP/usd and aud/ Jpy.

... and the EURUSD +25 pips and the EURJPY +30 pips...

G.
  • #1,096
  • Nov 13, 2012 8:47am Nov 13, 2012 8:47am
Quoting gg53
... and the EURUSD +25 pips and the EURJPY +30 pips...

G.
I missed those two.
  • #1,097
  • Nov 13, 2012 9:03am Nov 13, 2012 9:03am
Quoting tixy
G,
When you make the modifications on the Tick Volume Indie could you please move the numbers so that they fit when one minimizes their charts. As it stands now, when I have two charts I can't see the numbers on my screen. Thanx for all your hard work.
tixy,

I fail to see what you mean. Pls send a screenshot.

G.
  • #1,098
  • Nov 13, 2012 9:11am Nov 13, 2012 9:11am
Hi gg,

Maybe I have spotted small bug in new indy ...
When new candle is forming it has top colored red or blue (that's how it was designed), but when candle is finished, the status stays w/ the bar double colored (until I refresh it by switching time frame).
Anybody else can confirm?

Thank you
Attached Image (click to enlarge)
Click to Enlarge Name: pic.jpg Size: 154 KB
  • #1,099
  • Nov 13, 2012 9:11am Nov 13, 2012 9:11am
Quoting panamamike
I missed those two.
panamamike,

How can you miss those two?
They are the ones that should guide your trading for the next few hours...

You can trade anything you like with the (almost) certain knowledge that the EUR will go down and the JPY will go up.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: ej.gif Size: 37 KB
  • #1,100
  • Nov 13, 2012 9:16am Nov 13, 2012 9:16am
Quoting kapybara
Hi gg,

Maybe I have spotted small bug in new indy ...
When new candle is forming it has top colored red or blue (that's how it was designed), but when candle is finished, the status stays w/ the bar double colored (until I refresh it by switching time frame).
Anybody else can confirm?

Thank you
kapybara,

Already explained in the post you downloaded that indicator.
I still haven't decided if I like it or paint the current bar completly with alternating colors.

G.
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