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The gg53 "Killing Zone"

  • #1,181
  • Nov 19, 2012 10:31am Nov 19, 2012 10:31am
Gadi_Trend is updated to v.1.3

Added feature:
MTF

Now you can add more than 1 indicator to a chart to view the trend in Higher/Lower TF's.

Enjoy.

G.
Attached Image (click to enlarge)
Click to Enlarge Name: trend_mtf.gif Size: 32 KB
Attached File(s)
File Type: ex4 Gadi_Trend_v1.3.ex4   4 KB | 1,575 downloads
  • #1,182
  • Edited 11:25am Nov 19, 2012 11:07am | Edited 11:25am
Quoting gg53
braintheboss,

Gadi_Currencies up to v.3.0 didn't change. It displays AllCurrecies or only the pair on your chart.
Since MT4 doesn't allow more than 8 indicators - Gadi_Currencies v.3.0 displays only current chart pair + Diff indicator.
To access Gadi_Currencies v.3.0 indicators:
0 = first textual currency (in EURUSD it's the EUR, in GBPUSD it's the GBP, etc.)
1 = second textual currency (in EURUSD it's the USD, in GBPCHF it's the CHF, etc.)
2 = the Diff. indicator.

Please share your EA with us.

G.
very thanks... I supposed that iCustom( ..., 0, 2, 0 ) -> TF option, buffer, shift...no?

PD: I still have a lot of work but when finished will share ...
Try don't lose pants never...
  • #1,183
  • Nov 19, 2012 11:32am Nov 19, 2012 11:32am
Quoting braintheboss
very thanks... I supposed that iCustom( ..., 0, 2, 0 ) -> TF option, buffer, shift...no?

PD: I still have a lot of work but when finished will share ...
braintheboss,

Yes.

G.
  • #1,184
  • Nov 19, 2012 12:12pm Nov 19, 2012 12:12pm
Quoting nevmar
Hi gg53, I hope & pray that you your families & assocites are safe with what is happening in your country.

Hi drloyd cicr is a good system its a pity its now commercial, I often wonder if a trader can make 1000,s of pips a month why should he try to sell his
indies etc, thanks for your comment
regards
Neville
nevmar,

Thanks for your concern - but "safe" is not a correct word to use in the middle-east context...

CICR - no comment...

G.
  • #1,185
  • Nov 19, 2012 2:31pm Nov 19, 2012 2:31pm
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....




----------------------------------------------------------------------------------------









gg53



I have a question may be this simple question but i just want to clarify ,are the trading rules same for the above new system on 15 min time frame with the new indicators ie.. the trading rules posted on page 1





---------------------------


Trade management:

Trading hours - London Open till London close+2.
Don't trade on Friday.
Don't trade 30 minutes before major news. If you have open trades - close them.

For BUY:
SL = Previous CLOSE (if too close then previous LOW).
TP = SL*2

When 7-8 pips profit - move SL to BE+1, remove TP, and
Apply Trailing-Stop ~5 pips.

Important !!
If not in profit within 4 bars - close the trade (no matter what).
Reason: We are not in a business of guesswork...
Our signal was either false or something new happend in the market.
Waive your ego and don't trade hopes.

----------------------
  • #1,186
  • Nov 19, 2012 2:31pm Nov 19, 2012 2:31pm
Quoting gg53
Sabrina,

1. "Get out of the box" - all the gurus and Forex text books say that every trade must be protected by a StopLoss (to prevent further losses).
Really? Isn't there another way?

2. Profit and Loss are mathematically identical beside the Minus sign (-) - You have learned to protect your profits (BE, trailing, etc.) - than why not protect your loss?

3. Loss - let's define loss: a loss is when the trade ended and the market "took" your money. If I "protect" my loss the money is still in the market and it's not a "loss". Yet.

4....
After coming back from your trip around the world and a one year vacation...:

Don't touch your original "hedged" currency pair trade.

Use your 60%-70% profitable system with its more than 80% accurate entry.
Trade the same currency pair with the same lot size.

Use the system with same tactics and signal confirmations with two differences:
- aim for minimal profit by using minimal TrailingStop allowed by your broker.
- Use a lower TF for entry signals.

Any loss in that process - you hedge it again and continue.

There is no rush, and you can do it whenever it's convenient.
Once you offset the loss - close all trades including the hedged ones.
In my experience it takes about 6-7 trades to offset a 30 pips loss.

You will have some losses in your account history - but not in your account total.

G.
  • #1,187
  • Nov 19, 2012 2:37pm Nov 19, 2012 2:37pm
greddyfor,

Basically yes.

We changed the SL to PSAR and Fractals.
If not available - previous high + 2.

G.
  • #1,188
  • Nov 19, 2012 4:04pm Nov 19, 2012 4:04pm
Quoting gg53
After coming back from your trip around the world and a one year vacation...:

Don't touch your original "hedged" currency pair trade.

Use your 60%-70% profitable system with its more than 80% accurate entry.
Trade the same currency pair with the same lot size.

Use the system with same tactics and signal confirmations with two differences:
- aim for minimal profit by using minimal TrailingStop allowed by your broker.
- Use a lower TF for entry signals.

Any loss in that process - you hedge it again and continue.

There is no rush, and you...
seems easy... but... i have to sleep on it.....

Thank you... emmm sorry... there is no need....

Sabrina
  • #1,189
  • Nov 20, 2012 12:27pm Nov 20, 2012 12:27pm
G.:

Many thanks for the line width fix on Gadi_Currencies. Your HL approach to the repair is unique but effective. Now my magnifying glass can be retired.

Also appreciate you looking at the same issue with Gadi_Trend. If there's nothing there then there's nothing there. Maybe Santa will favor me with a larger screen this Christmas. Take care, G.

Steve
  • #1,190
  • Nov 20, 2012 1:16pm Nov 20, 2012 1:16pm
Quoting gg53
After coming back from your trip around the world and a one year vacation...:

Don't touch your original "hedged" currency pair trade.

Use your 60%-70% profitable system with its more than 80% accurate entry.
Trade the same currency pair with the same lot size.

Use the system with same tactics and signal confirmations with two differences:
- aim for minimal profit by using minimal TrailingStop allowed by your broker.
- Use a lower TF for entry signals.

Any loss in that process - you hedge it again and continue.

There is no rush, and you...
Hi G,

I have some questions:

1- Must the equal trade in the opposite direction have the same TP and TrailingStop i have in my first trade?

2-When you say" use a lower TF for entry signals" you mean that if i trade H4 i have to take the signal from H1?

3-Do you think that this MM tactics is suitable for the highest Tf H4 or D1?


Sabrina
  • #1,191
  • Edited 3:50pm Nov 20, 2012 2:58pm | Edited 3:50pm
Quoting sabrys5769
Hi G,

I have some questions:

1- Must the equal trade in the opposite direction have the same TP and TrailingStop i have in my first trade?

2-When you say" use a lower TF for entry signals" you mean that if i trade H4 i have to take the signal from H1?

3-Do you think that this MM tactics is suitable for the highest Tf H4 or D1?


Sabrina
Sabrina,

1. TrailingStop should be near minimal allowed by the brokewr. We aim for just a few pips profit in each trade until we offset the hedge.
2. TF should be even lower than that.
3. It's suitable for any TF - but the offset trades should be in a lower TF for more accurate entry.

G.
  • #1,192
  • Nov 20, 2012 4:03pm Nov 20, 2012 4:03pm
Wow, just found an indicator that draws a "box" around a consolidation area.
[By SSBO Team, http://www.forexfactory.com/showthread.php?t=302007]

The original trading recommendation for this indicator doesn't fit my system,
BUT:
If you combine this indicator with Gadi_OBV breakout - you will get an amazing results !!

I just found it - and I'm still checking it's validity and parameters - but it's really looks great for our system.
I'll share my findings once done.

Please share your findings combining this indicator with Gadi_OBV.

G.
Attached File(s)
File Type: ex4 AuthorizedSSBODynamicBreakoutBoxFinalEdition.ex4   67 KB | 813 downloads
File Type: mq4 AuthorizedSSBODynamicBreakoutBoxFinalEdition.mq4   41 KB | 969 downloads
  • #1,193
  • Nov 21, 2012 1:46am Nov 21, 2012 1:46am
Quoting gg53
After coming back from your trip around the world and a one year vacation...:

Don't touch your original "hedged" currency pair trade.

Use your 60%-70% profitable system with its more than 80% accurate entry.
Trade the same currency pair with the same lot size.

Use the system with same tactics and signal confirmations with two differences:
- aim for minimal profit by using minimal TrailingStop allowed by your broker.
- Use a lower TF for entry signals.

..

You will have some losses in your account history - but not in your account total....
Hi GG,
Not able to show representation of hedge trades, so have posted all in attachement.
EP
Attached Image (click to enlarge)
Click to Enlarge Name: hedgeps.png Size: 41 KB
  • #1,194
  • Nov 21, 2012 5:04am Nov 21, 2012 5:04am
Quoting EaglePip
Hi GG,
Not able to show representation of hedge trades, so have posted all in attachement.
EP
EaglePip,

Mathematically there is no difference.
Technically and psychologically there are big differences.

The suggested procedure (lower TF & small profits) is not your usual trading style - it serves just one purpose - to offset your "loss".
It can take some time to find the perfect entries, even days or weeks.
It's easier to dedicate a separate chart for it - with your "loss" trade clearly marked by MT4 than constantly searching for it in your trading "Account History" tab. It is also easy to see it on your open "Trade" tab.
The pips and money count needed to offset is also immediatly available.

You can trade normally on any other chart and return to the "loss" chart whenever you have time to "play" with it. there is no "rush" and no chance of forgetting it.

For me it's much easier this way, I have a constant "reminder" on my "Trade" tab and a lower TF chart already set up for "playing" the "get even" game...

"...Don't ask what the Forex can do to you - ask what you can do in return..."

G.
  • #1,195
  • Nov 21, 2012 5:59am Nov 21, 2012 5:59am
Quoting gg53
EaglePip,

Mathematically there is no difference.
Technically and psychologically there are big differences.

G.
Hi GG,
Thanks for the reply. I just wanted to make sure I understood the procedure properly.
It makes perfect sense and serves as a huge psychological confidence boost to know how to recover from a losing trade.
EP
  • #1,196
  • Nov 21, 2012 8:41am Nov 21, 2012 8:41am
G,
Thanx for all the updated indies.
Could you please give us an example of a hedged trade.
Thanx
  • #1,197
  • Nov 21, 2012 9:11am Nov 21, 2012 9:11am
Quoting gg53
Wow, just found an indicator that draws a "box" around a consolidation area.
[By SSBO Team, http://www.forexfactory.com/showthread.php?t=302007]

The original trading recommendation for this indicator doesn't fit my system,
BUT:
If you combine this indicator with Gadi_OBV breakout - you will get an amazing results !!

I just found it - and I'm still checking it's validity and parameters - but it's really looks great for our system.
I'll share my findings once done.

Please share your findings combining this indicator with Gadi_OBV....





gg53,


Can you please provide me with the latest gadi_obv breakout indicator whick draws the killing zone by itself ( i already searched for the latest one from the thread and i couldn't find it , if u can post here again it will be helpful )
  • #1,198
  • Nov 21, 2012 10:47am Nov 21, 2012 10:47am
Quoting greddyfor
gg53,


Can you please provide me with the latest gadi_obv breakout indicator whick draws the killing zone by itself ( i already searched for the latest one from the thread and i couldn't find it , if u can post here again it will be helpful )
greddyfor, you can find it HERE (http://www.forexfactory.com/showthread.php?p=6162574#post6162574)
Or please check post 1
Humble & Kalcker CLO2 = Covid killer
  • #1,199
  • Nov 21, 2012 2:51pm Nov 21, 2012 2:51pm
Quoting tixy
G,
Thanx for all the updated indies.
Could you please give us an example of a hedged trade.
Thanx
tixy,

I'll record my next "loss" and recovery steps on a separate chart, But it can take days from now.
Or is it something else that you want to see?

G.
  • #1,200
  • Nov 21, 2012 3:02pm Nov 21, 2012 3:02pm
Quoting gg53
tixy,

I'll record my next "loss" and recovery steps on a separate chart, But it can take days from now.
Or is it something else that you want to see?

G.
Thanx G.
I just want to see how to do a recovery trade.
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