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The gg53 "Killing Zone"

  • #1,341
  • Dec 11, 2012 7:02am Dec 11, 2012 7:02am
I'll put it on and investigate further
Thoughts are things
  • #1,342
  • Dec 11, 2012 7:06am Dec 11, 2012 7:06am
Quoting Quezoy
I'll put it on and investigate further
Its really cool- buy on the dips and sell on the peaks ( white highlight) and make sure you're not in the killing zone
  • #1,343
  • Dec 11, 2012 7:53am Dec 11, 2012 7:53am
Quoting tixy
Its really cool- buy on the dips and sell on the peaks ( white highlight) and make sure you're not in the killing zone
On which TF would you watch the diff, if you watch M5, M15 for break?
Thoughts are things
  • #1,344
  • Dec 11, 2012 8:16am Dec 11, 2012 8:16am
Quoting Quezoy
On which TF would you watch the diff, if you watch M5, M15 for break?
Quezoy,
I watch the 15Min,1Hr,and now the 4Hr for the dips/peaks. If I see a dip/peak on the 1Hr and 4 Hr timeframe I enter on the 5Min or 15 Min timeframe dip/peak. I'm still trying to find the best strategy using G's system but I think I'm close to the final product.
  • #1,345
  • Dec 11, 2012 11:08am Dec 11, 2012 11:08am
G,
Could you please give us tips on how to use the Gadi Currency to find out the best pairs to trade? I seem to focus on just EU and EJ which I know is not how you had intended us to use your strategy.
Thanx for all you do.
  • #1,346
  • Dec 11, 2012 12:25pm Dec 11, 2012 12:25pm
Quoting tixy
G,
Could we please have a little more history on the Gadi Currency Diff and the Gadi Currency 2.8. Pretty please . I know they are a drain on CPU but I'd really like to backtest at least 6 months.
Thanx
Better to use the trade simulator for that.
  • #1,347
  • Dec 11, 2012 12:27pm Dec 11, 2012 12:27pm
Quoting BlackStack
Better to use the trade simulator for that.

He can't. A currency strength indicator won't work on the simulator.
  • #1,348
  • Dec 11, 2012 3:27pm Dec 11, 2012 3:27pm
Quoting sabrys5769
G,

I just wanted to say that The Gadi_currencies Diff is interesting even "alone" because often it anticipates the movement.
See the chart below, in both cases we have a good signal from the indicator (short the first, long the second) but the price is still moving in its original direction and we must wait patiently for the confirmation of the other indicators.
Make sense?

Sabrina
Sabrina,

That's what I originaly said when I introduced this Gadi_Currencies indicator.
Furthermore - If you look at the COMPLETE set of all currencies - it will tell you which currecies pair is best to trade.
I know that you are concentrating mainly on EURUSD - but best trades are not always there, and this gizmo let you find which are the most likely pairs to trade.

G.
  • #1,349
  • Dec 11, 2012 3:33pm Dec 11, 2012 3:33pm
Quoting safsyed
Your guidelines means using your SL idea of using PSAR and fractals yes? I'm still not used to that concept yet but will try to use it today. I guess its FEAR of the price hitting my SL and then moving my way that makes me cautious.
safsyed,

FEAR is exactly the reason why we took the trouble to investigate various SL techniques.
I fear less when price will hit my 5 pips SL than a fixed 15 SL.
Try it - and let us know your findings.

G.
  • #1,350
  • Edited 3:58pm Dec 11, 2012 3:42pm | Edited 3:58pm
Quoting Quezoy
G, which TF do you percive to be "the best" for the OBV breakout after London open.

I've had 2 false down signals on eu today on M15, interestingly, those were not visible on M5 or H1.
The obvious choice would be H1 for reliability, but with some strong breaks you can get a later entry if you dont pay attention.
M5 looks good, one would think that it would have the most false breakouts, but from a quick scan I've done, this seems not to be the case.

I will play the London breakout on M5 on 6 pairs for the next days and report how it went....
Quezoy,

I'm using H1.
Please note something that I already posted here - and seems that most people ignore: use the breakout LOGIC - i.e. if the pair is "relaxed" during the Asian period - trade the breakout. If it's volatile during that period - it contradict the breakout logic -> don't trade the breakout. Simple, really.

G.
  • #1,351
  • Dec 11, 2012 3:51pm Dec 11, 2012 3:51pm
Quoting Quezoy
The two shorts went wrong. Long was good.
Quezoy,

Do you trade the CLOSE or immediatly at breakout?
You should trade the immediate breakout and not the close.
"Close" is artificial data made by MT4. We want to play the "Titter Totter" game when the "other guy" jumps in.
Read the "Titter Totter" post and its followed ones.
I think they where profitable traded as described.

G.
  • #1,352
  • Dec 11, 2012 3:55pm Dec 11, 2012 3:55pm
Quoting tixy
G,
Could you please give us tips on how to use the Gadi Currency to find out the best pairs to trade? I seem to focus on just EU and EJ which I know is not how you had intended us to use your strategy.
Thanx for all you do.
tixy,

Please re-read the "Do you like Spaghetti" posts.
If needed more explanations - I'll gladly provide.

G.
  • #1,353
  • Dec 11, 2012 3:59pm Dec 11, 2012 3:59pm
Quoting gg53
tixy,

Please re-read the "Do you like Spaghetti" posts.
If needed more explanations - I'll gladly provide.

G.
Will do. I may have forgotten the details.
Thanx
  • #1,354
  • Dec 11, 2012 7:28pm Dec 11, 2012 7:28pm
  •  Owl
  • | Joined Dec 2012 | Status: FX Siphoner Of Symphonies | 435 Posts
This has to be up there with one of the more unusual yet robust
systems I've laid my eyes on gg you are one of kind for coming up with this
keep up the great work in here
One Must Use A Noble Rapier To Pierce The Veil Of Mystery
  • #1,355
  • Dec 11, 2012 9:50pm Dec 11, 2012 9:50pm
Quoting Owl
This has to be up there with one of the more unusual yet robust
systems I've laid my eyes on gg you are one of kind for coming up with this
keep up the great work in here
Wow!!
That's more than I deserve. thanks.
Your pips are my happiness.

G.
  • #1,356
  • Dec 12, 2012 6:17am Dec 12, 2012 6:17am
Quoting gg53
Visari,

We're using the system of "color matching" with H4/H1/M15.
I'm currently working on M1 system, based on volume, I'll post rules/results within 2 weeks.

I don't understand your 40x12 remark. Please elaborate.

I mentioned the SSOBODB brekout link and technique because of Gadi_OBV.
If you draw their price lines on Gadi_OBV - and trade the Gadi_OBV breakout - you will eliminate most of their system false signals and most of their losses.

G.
This picture is how I have my MT4 set up.

By 40x12 I meant I like using it to draw boxes around zones where it's within 40 pips and is 12 time periods long. I don't really pay much attention to the info box. 40x12 seemed to have the highest percentage of success according to it on the combinations I chose for the H1 so I left it and have used it as another visual aid since.

I like OBV also and I enjoy using both. I think OBV picks up the movements faster though.
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  • #1,357
  • Dec 12, 2012 6:28am Dec 12, 2012 6:28am
Not been able to trade so far this week. Other commitments taking priority. Hopefully be able to try tomorrow. G when I have been looking at the 5 min chart I tend to find more whipsawing. However on the 15 min chart I find that the SL tends to be bigger. How should I overcome this? I find that switching time frames doesn't suit my style and I always tend to enter either too late or too early in previous entries. What would you recommend G?
  • #1,358
  • Dec 12, 2012 11:14am Dec 12, 2012 11:14am
Quoting Visari
This picture is how I have my MT4 set up.

By 40x12 I meant I like using it to draw boxes around zones where it's within 40 pips and is 12 time periods long. I don't really pay much attention to the info box. 40x12 seemed to have the highest percentage of success according to it on the combinations I chose for the H1 so I left it and have used it as another visual aid since.

I like OBV also and I enjoy using both. I think OBV picks up the movements faster though.
Visari,

Thanks. What's the TF of this setting (hard to see on the posted chart)?
I'm going to try it...

G.
  • #1,359
  • Dec 12, 2012 11:29am Dec 12, 2012 11:29am
Quoting safsyed
Not been able to trade so far this week. Other commitments taking priority. Hopefully be able to try tomorrow. G when I have been looking at the 5 min chart I tend to find more whipsawing. However on the 15 min chart I find that the SL tends to be bigger. How should I overcome this? I find that switching time frames doesn't suit my style and I always tend to enter either too late or too early in previous entries. What would you recommend G?
safsyed,

I usually trade signals from H1 or H4.
Sometimes on M15 and thats minimal TF for entry decision. I don't trust signals from M5/M1.
I always check lower TF's to see if I'm not too late or direction has changed.
Signal on M15 -> check M5.
Signal on H1 -> check M15.
Signal on H4 -> check H1.

The lower TF's are NOT for SL setting.
If I got the entry signal on H1 - that's my trading chart and thats my SL setting - even if I do checking on lower TF.

I hope it's clear.

G.
  • #1,360
  • Edited 8:15am Dec 13, 2012 7:40am | Edited 8:15am
Hi G

I was just catching up on the thread after a long break away from trading and was just curious as to whether you got round to creating an alert for
Gadi_OBV channel breakout? I am just scalping small moves off the 15min and I seem to be missing the odd trade for obvious reasons.

Thanks in advance and sorry if you have addressed this already as I am still catching up
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