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The gg53 "Killing Zone"

  • #1,461
  • Jan 16, 2013 4:37am Jan 16, 2013 4:37am
I doubt he'd just up and leave without saying anything! I guess he's busy. And that's ok!
  • #1,462
  • Jan 16, 2013 6:47am Jan 16, 2013 6:47am
do not worry, he just had a health issue to attend but will return soon.
Humble & Kalcker CLO2 = Covid killer
  • #1,463
  • Jan 17, 2013 10:24am Jan 17, 2013 10:24am
Thanks jusiur for "no worries" and the work you do on this forum.
  • #1,464
  • Jan 17, 2013 2:35pm Jan 17, 2013 2:35pm
gg53

Been lurking awhile, and must say that once the idea of volume preceding price action takes hold, then the idea becomes "haunting". Which is to say, it becomes an obsessive idea because of its truth. Like many postings before have stated, I wish I was technically prepared to assist in this ongoing development. So, I'm left with simply "Thank You" for your success, willingness to share, and leadership in this undertaking.

I do have a question about where the Elephants do their business of drinking and peeing. Trading higher TFs, I must, would be their domain. Is their a way to determine the Kill Zones on all time frames? I know you were asking for someone to code KZ based on the Ickimoku. If that were to happen, then a filter of the KZs could override a normal signal (from the Gadi OBV v2.2, Gadi Tick Vol. v.2.2, Gadi Normalized Vol. v.2.2, and/or Gadi Trend V. 1.3.) or put it (normal signal) on "hold" till the KZ is cleared.

Also, does the future development of our EA involve Pivots? I ask this because even the Elephants seem to respect, at least, the weekly and monthly pivots even though they are derived from historical price. Probably not, if I had to guess, since volume is in the moment and constantly being calculated with your Indicators.

Hope you are doing well,
  • #1,465
  • Jan 18, 2013 8:52am Jan 18, 2013 8:52am
Hello all... I´ve been too busy these last weeks with some forex-unrelated issues and unable to devote proper time to anything else. A while back in this thread I´ve posted an EA to trade a Gadi_OBV breakout after the Asian session as a stepping stone toward a more comprehensive robot that would implement other elements kindly provided by gg53. Well, that EA´s code is flawed, so if anyone is using it for anything, just don´t. As I said elsewhere, I am just a beginner in this mt4 coding thing. However... Last week I had finally the time to sit on this again. I have taken an old EA coded by Steve Hopwood and changed the decision-making routine, so this robot does the following:

It looks back a user-defined number of bars and checks for two things: a) That the price range (High-Low) throughout such period of time is smaller than a user-defined "tunnel width"; and b) Gets the highest and lowest value of the Gadi_OBV indi in that period of time (the "n" back bars). Then, if the price tunnel width is smaller than defined and the Gadi_OBV indi breaks the "Gadi_OBV tunnel", it triggers a trade in the direction of the breakout.

This is not intended as a standalone method, but as an initial step for further development. Try the EA on different TF´s and settings. It seems to do what it is supposed to do, but anyway check the opened trades visually to confirm it is working properly.

The EA settings:
LookBackBars = the number of past bars it will use in its calculations.
PriceChannelWidth = the price channel (in 5-digit format, it automatically offsets to 4-digit if necessary)
GadiBuffer = a safety buffer percentage to increase the Gadi_OBV channel


The values of the highest and lowest prices throughout the price channel and the value of the max and min Gadi_OBV values throughout the same period of time appear on screen so you can check them out.

I will try to add/modify reasonable suggestions, but time is a rare commodity for me these days, so don´t expect for me to do it swiftly. It might be that I lack the coding skills to implement some suggestions as well. Finally, once again the credit goes to Steve Hopwood for the coding. I just tweaked his work a bit.

As ever, the usual disclaimer for the unaware: Using the robot posted here in trading Forex does not guarantee success. Trading this robot could lead to serious financial loss. This EA is NOT to be traded in a live account. For experimental purposes only.

Happy 2013 to all of you...

M.
Attached File(s)
File Type: mq4 Consolidation Breakout Gadi - Testing.mq4   31 KB | 1,115 downloads
File Type: ex4 Gadi_OBV_v1.3.ex4   4 KB | 974 downloads
  • #1,466
  • Edited 7:38am Jan 20, 2013 4:24am | Edited 7:38am
Quoting gg53

Gold/Silver vs. USD is the coming indicators.

G.


Hi G,
I hope you are well.
I really like the Gadi Currencies and have had some good successes with it. I think the Gold/Silver Gadi will just finish it off quite nicely and I really look forward to using it.
Thanx for everything G
  • #1,467
  • Jan 20, 2013 7:18am Jan 20, 2013 7:18am
Quoting Middleastern
Hello all... I´ve been too busy these last weeks with some forex-unrelated issues and unable to devote proper time to anything else. A while back in this thread I´ve posted an EA to trade a Gadi_OBV breakout after the Asian session as a stepping stone toward a more comprehensive robot that would implement other elements kindly provided by gg53. Well, that EA´s code is flawed, so if anyone is using it for anything, just don´t. As I said elsewhere, I am just a beginner in this mt4 coding thing. However... Last week I had finally the time to sit on...
Thank you Middleeastern for your work.

Do i need Gadi_OBV_v1.3.ex4 (http://www.forexfactory.com/attachment.php?attachmentid=1119671&d=1358520457) or can i use the 2,2 Version


I want that gadi draw the channel from 00:00 to 06:00 German Time and takes the trade after a breakout above 6 oclock in the Morning.

How must i setup the Inputs of your ea to get this simple Rules in?

Thank you
  • #1,468
  • Jan 20, 2013 7:51am Jan 20, 2013 7:51am
Quoting Rifouly
Thank you Middleeastern for your work.

Do i need Gadi_OBV_v1.3.ex4 (http://www.forexfactory.com/attachment.php?attachmentid=1119671&d=1358520457) or can i use the 2,2 Version


I want that gadi draw the channel from 00:00 to 06:00 German Time and takes the trade after a breakout above 6 oclock in the Morning.

How must i setup the Inputs of your ea to get this simple Rules in?

Thank you
Hello Rifouly,
If you want to use Gadi 2.2 you must get into the code, delete "Gadi_OBV_v.1.3" and replace it with the exact filename of the 2.2 version wherever it appears in the code (Lines 254, 262 and 269).

The EA dynamically reads the last [LookBackBars] bars, so no, it cannot do what you ask. If you work on the H1 timeframe you may set LookBackBars to 6. In such case, between 7:00 and 7:59 it will be reading the period of time you´re interested in, but at 8:00 it will read between 1:00 and 7:00, and so on.

Best,
M.
  • #1,469
  • Jan 20, 2013 8:28am Jan 20, 2013 8:28am
Quoting Middleastern
Hello Rifouly,
If you want to use Gadi 2.2 you must get into the code, delete "Gadi_OBV_v.1.3" and replace it with the exact filename of the 2.2 version wherever it appears in the code (Lines 254, 262 and 269).

The EA dynamically reads the last [LookBackBars] bars, so no, it cannot do what you ask. If you work on the H1 timeframe you may set LookBackBars to 6. In such case, between 7:00 and 7:59 it will be reading the period of time you´re interested in, but at 8:00 it will read between 1:00 and 7:00, and so on.

Best,
M.
Thank you Middleastern
But after i do this its not importent when the Breakout happens?

Lets say i set the ea at 6:00 like you said H1 last six bars and the breakout will be at 15:00 will the ea take the trade or must i change the LookBackBars every Hour.

How can i edit the code to use gadi 2.2?
  • #1,470
  • Jan 20, 2013 9:28am Jan 20, 2013 9:28am
Quoting Rifouly
Thank you Middleastern
But after i do this its not importent when the Breakout happens?

Lets say i set the ea at 6:00 like you said H1 last six bars and the breakout will be at 15:00 will the ea take the trade or must i change the LookBackBars every Hour.

How can i edit the code to use gadi 2.2?
If the breakout happens at 15:00, it means that the consolidation lasted all morning and early afternoon, and the dynamic tunnel would have followed that. You should decide how long a consolidation must last for the breakout to be considered a real one.

To edit any EA you should open MetaEditor (press the exclamation mark with a yellow background on the bar above your screen on your mt4 platform. You already did it to compile the mq4 file).

M.
  • #1,471
  • Jan 24, 2013 4:40am Jan 24, 2013 4:40am
Are people not still using these trading methods?
  • #1,472
  • Jan 24, 2013 5:09am Jan 24, 2013 5:09am
Quoting Visari
Are people not still using these trading methods?
I'm using it. See my trades couple of posts above. Right now I play w/ Sabry's approach, which really gives an edge: http://www.forexfactory.com/showthread.php?p=6319359#post6319359

Watching EURUSD and AUDUSD pairs, this is my open trade now...

Kapy
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD.jpg Size: 174 KB
  • #1,473
  • Jan 27, 2013 1:31pm Jan 27, 2013 1:31pm
Hello all ,
a big thanks to GG53 and all the members who posted here and gave me chance to find my way in knowledge of trading.
I totally like the analyse of this system and i hope i can start trading live soon again cause as new i blow up my first account(realy small one but still it heart my feelings).
With this system on demo i feel like gg53 gave me tools to gain comfidence to trade and back up my trades with minimum lost.
I will try to post my trades , hope i do few every week.
thats all for now and happy pips to all .
gg i wish you well .
  • #1,474
  • Jan 28, 2013 10:30am Jan 28, 2013 10:30am
Quoting kapybara
I'm using it. See my trades couple of posts above. Right now I play w/ Sabry's approach, which really gives an edge: http://www.forexfactory.com/showthread.php?p=6319359#post6319359

Watching EURUSD and AUDUSD pairs, this is my open trade now...

Kapy
I trade that method with Jpy crosses and eur/used with great success. I have tried to automate it, but I can not figure out how to code the color changes for each indicator. I am not sure what each data value represents. If anyone could ahead some light I would be greatful. As it stands, I have an alarm that reminds me to check the charts on each 4 hr bar close.
  • #1,475
  • Jan 28, 2013 11:27am Jan 28, 2013 11:27am
Quoting panamamike
I trade that method with Jpy crosses and eur/used with great success. I have tried to automate it, but I can not figure out how to code the color changes for each indicator. I am not sure what each data value represents. If anyone could ahead some light I would be greatful. As it stands, I have an alarm that reminds me to check the charts on each 4 hr bar close.
Hi Panamamike,

Great to her that people are using this method. I would like to see your chart examples annotated (simple entry, exit, summarize your rules for entry, exit). Do you trail your SL, what is your initial SL, etc ... ?
I think that EA based on these rules, can be easy to complete. Maybe we can talk to GG53 later about releasing .mq4 files for these indies. Who knows. Hope he is well and didn't leave this thread.

Thanks Panamamike, thanks GG53...
  • #1,476
  • Jan 28, 2013 12:00pm Jan 28, 2013 12:00pm
Quoting kapybara
Hi Panamamike,

Great to her that people are using this method. I would like to see your chart examples annotated (simple entry, exit, summarize your rules for entry, exit). Do you trail your SL, what is your initial SL, etc ... ?
I think that EA based on these rules, can be easy to complete. Maybe we can talk to GG53 later about releasing .mq4 files for these indies. Who knows. Hope he is well and didn't leave this thread.

Thanks Panamamike, thanks GG53...

I trade this as Sabs laid out in her post. I look for a fresh three signal color match and enter at market. I place my Initial SL above or below the last swing high/low on 4 hr chart. I exit the trade if Gadi_Trend or Tick Volume change color again. All trading is done on 4 hr chart bar close. I sometimes add a profit tick % trailing stop to protect profits, especially if in a short and tick volume is on the wrong side of 0 but the correct color. I exit trades before big news items.
  • #1,477
  • Feb 3, 2013 6:02am Feb 3, 2013 6:02am
Found an interesting thread where lives a "stepbrother" (Hawkeye volume) of Gady_normalizedVolume here (http://www.forexfactory.com/showthread.php?t=396438)
Humble & Kalcker CLO2 = Covid killer
  • #1,478
  • Feb 3, 2013 6:03am Feb 3, 2013 6:03am
I'll definitely give it a look.

I've been reading a bit of "The Disciplined Trader". Have found it quite useful. I'm always so worried that I think I hurt my trades.
  • #1,479
  • Edited 6:44am Feb 3, 2013 6:09am | Edited 6:44am
Any of you know something about hawkeye (http://hawkeyetraders.com/) work?
edit: I´m more interested in hawkeye Fatman indicator . . .
Humble & Kalcker CLO2 = Covid killer
  • #1,480
  • Feb 3, 2013 6:43am Feb 3, 2013 6:43am
Looks really really similar to Gadi NormalizedVolume, only a couple of differences when I had a quick look over H1 EUR/USD. I'd love to get hold of the other ones. Have been looking but haven't had any success. 3k seems a bit steep for indicators...
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