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The gg53 "Killing Zone"

  • #1,781
  • Apr 26, 2013 6:41am Apr 26, 2013 6:41am
Quoting panamamike
Todays results on the 15 min charts I have set up. slightly different configs.
panamamike,

Now you are talking !!
That's almost exactly my trading style - but I implement it on ANY consolidation area - not just the Asian session.
I've already mentioned numerous times that the "Asian session" is just a private case of consolidation.
The other cases are Central-Banks interventions (see "how to rob a Swiss bank") and consolidations after big movements.

panamamike & imaxi - can I be the one who breaks the champagne bottle on your new yacht?


G.
  • #1,782
  • Apr 26, 2013 9:23am Apr 26, 2013 9:23am
A chandelier exit is usually better than a trailing stop. see attached.

Attached File(s)
File Type: mq4 ChandelierExit.mq4   3 KB | 605 downloads
  • #1,783
  • Apr 26, 2013 10:15am Apr 26, 2013 10:15am
Thanks imaxi and gg53 for solving my problem, ths suffix us a dot i hardly saw it
  • #1,784
  • Apr 26, 2013 10:17am Apr 26, 2013 10:17am
Quoting panamamike
set up 2 {image}
Hwllo panamamike
do yoy use the ea on daily bases?
  • #1,785
  • Apr 26, 2013 3:44pm Apr 26, 2013 3:44pm
Hi everybody
Below are 3 scalps I took yesterday when I had time
Market execution, using the Gadi Currencies indi only
The ADX is on the charts for my own reference as it has been my favourite indi......until now.
None of these trade set ups were picture perfect, as in gg53's Post 1,613 How to use the Gadi_Currencies: The "conservative" entry, but I wanted to test the idea in less than perfect circumstances. Following the same process, I took these positions during the Asian/Aussie session {aka KZ} to place extra pressure on the trades.
J
Attached Image(s) (click to enlarge)
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Winning isnt everything but coming second sucks (Charlie Brown)
  • #1,786
  • Apr 26, 2013 5:02pm Apr 26, 2013 5:02pm
panamamike & imaxi,

I sent imaxi an indicator that one of its features will help you identifying "flat" or "consolidated" areas - besides the Asian Session.
That's a good starting point, although its parameters need some tweaking.
PM each other.
Let me know if you need more guidance.

G.
  • #1,787
  • Apr 26, 2013 5:07pm Apr 26, 2013 5:07pm
Quoting jjre65
Hi everybody Below are 3 scalps I took yesterday when I had time Market execution, using the Gadi Currencies indi only The ADX is on the charts for my own reference as it has been my favourite indi......until now. None of these trade set ups were picture perfect, as in gg53's Post 1,613 How to use the Gadi_Currencies: The "conservative" entry, but I wanted to test the idea in less than perfect circumstances. Following the same process, I took these positions during the Asian/Aussie session {aka KZ} to place extra pressure on the trades. J {image}...
jjre65,

Use Gadi_OBV to spot up/down volume movements in conjunction with Gadi_Currencies and you will have much better results and entry/exit timing.
Thanks for sharing.

G.
  • #1,788
  • Apr 26, 2013 5:27pm Apr 26, 2013 5:27pm
Quoting gg53
{quote} jjre65, Use Gadi_OBV to spot up/down volume movements in conjunction with Gadi_Currencies and you will have much better results and entry/exit timing. Thanks for sharing. G.
Will do
Thanks very much for the advice
Cheers. J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #1,789
  • Apr 26, 2013 8:10pm Apr 26, 2013 8:10pm
Quoting BlackStack
A chandelier exit is usually better than a trailing stop. see attached. {file}
BlackStack,

Thanks.
We'll check and see what kind of magic it can do.
Thanks again.

G.
  • #1,790
  • Apr 26, 2013 9:00pm Apr 26, 2013 9:00pm
Quoting BlackStack
A chandelier exit is usually better than a trailing stop. see attached. {file}
Hi BlackStack
Thanks for the file
Do you have any info to go with it, eg what the different line colours and triangle formations mean?

Cheers. J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #1,791
  • Apr 26, 2013 9:21pm Apr 26, 2013 9:21pm
Quoting jjre65
{quote} Hi BlackStack Thanks for the file Do you have any info to go with it, eg what the different line colours and triangle formations mean? Cheers. J

Try this
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:chandelier_exit
  • #1,792
  • Apr 26, 2013 10:10pm Apr 26, 2013 10:10pm
Thanks. J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #1,793
  • Apr 27, 2013 6:43am Apr 27, 2013 6:43am
Pardon me G in case am wrong, im only a young trader, and this thread seems to be the most difficult thing i have ever seen on FX in my life...i read the first 30 pages and still have not seen where to download the final EA. The point is has this system been developed in to an EA? and can anyone tell me where i can download it? Thanks as yu reply me without hissing on me!
  • #1,794
  • Apr 27, 2013 8:57am Apr 27, 2013 8:57am
@ kingaustin01 (http://www.forexfactory.com/kingaustin01)
there is no final EA yet ... it's a work in progress ...
if it was any easier, everybody and their dog wud b using it to enter the market ...
but, as we know FX is a ZERO sum game, guess what that means ...
in the meantime, plz take the trouble to read the whole thread and understand the underlying concepts ...
if it's still not making sense, ask specific Qs so some1 can help u and I can guarantee u will finally c the light ...
dont go looking for the EA like ur doing right now as that will only leave u in the dark regarding the innner workings, which is dangerous ...
hth ... cheers
  • #1,795
  • Apr 27, 2013 11:39am Apr 27, 2013 11:39am
Quoting kingaustin01
Pardon me G in case am wrong, im only a young trader, and this thread seems to be the most difficult thing i have ever seen on FX in my life...i read the first 30 pages and still have not seen where to download the final EA. The point is has this system been developed in to an EA? and can anyone tell me where i can download it? Thanks as yu reply me without hissing on me!
kingaustin01,

This system is developed by a crazy person who thinks that Forex has volume.
Yes, this forum's intention is to make a working EA out of this crazy idea.

No - The EA is not ready yet.

Hope this summarize this forum for you...

G.
  • #1,796
  • Apr 27, 2013 1:06pm Apr 27, 2013 1:06pm
Quoting kingaustin01
Pardon me G in case am wrong, im only a young trader, and this thread seems to be the most difficult thing i have ever seen on FX in my life...i read the first 30 pages and still have not seen where to download the final EA. The point is has this system been developed in to an EA? and can anyone tell me where i can download it? Thanks as yu reply me without hissing on me!
kingaustin01,

The "system" is VERY simple - all you need to know (and master) are two indicators:
Gadi_Currencies & Gadi_OBv.

Gadi_Currencies will tell you WHAT to trade - like this one:
The GBP (red) is weak currency gaining strength and the JPY is strong getting weaker.
We entered LONG 15 minutes before the "boom" as you can see on the History tab.

G.
Attached Image(s) (click to enlarge)
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  • #1,797
  • Apr 27, 2013 1:17pm Apr 27, 2013 1:17pm
Quoting kingaustin01
Pardon me G in case am wrong, im only a young trader, and this thread seems to be the most difficult thing i have ever seen on FX in my life...i read the first 30 pages and still have not seen where to download the final EA. The point is has this system been developed in to an EA? and can anyone tell me where i can download it? Thanks as yu reply me without hissing on me!
kingaustin01,

Using the Gadi_OBV will steer you away from trading in a "consolidation" or "Killing Zone".
At the same time it will give you an early and clear signal WHEN to enter a trade:

So, all and all - just two simple indies...and the knowledge how to use them...

G.
Attached Image (click to enlarge)
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  • #1,798
  • Apr 27, 2013 1:20pm Apr 27, 2013 1:20pm
If you are really young, its time to realize that there never will be anything that is "Final;"

Quoting kingaustin01
Pardon me G in case am wrong, im only a young trader, and this thread seems to be the most difficult thing i have ever seen on FX in my life...i read the first 30 pages and still have not seen where to download the final EA. The point is has this system been developed in to an EA? and can anyone tell me where i can download it? Thanks as yu reply me without hissing on me!
  • #1,799
  • Apr 27, 2013 1:27pm Apr 27, 2013 1:27pm
Quoting kingaustin01
Pardon me G in case am wrong, im only a young trader, and this thread seems to be the most difficult thing i have ever seen on FX in my life...i read the first 30 pages and still have not seen where to download the final EA. The point is has this system been developed in to an EA? and can anyone tell me where i can download it? Thanks as yu reply me without hissing on me!
kingaustin01,

All the other indies are elaborations on those two simple indies - like making them colorfull, MTF, Digital, divergence, etc.

The idea's remains the same:
Identify when NOT to trade,
Identify WHAT to trade,
Identify WHEN to trade.

Now this forum wants to make it automatic - i.e. to create an EA - something that we can be proud of.
Care to join by testing, contributing, running back-test, suggestions?

Hope this summarize and clears the fog.

G.
  • #1,800
  • Apr 27, 2013 2:40pm Apr 27, 2013 2:40pm
Wow..G, what an explicit teacher you might be, thanks for the tutelage,i was beginning to feel,'oh, i must have been a real dummy', but thanks again for your explanation @ Sleek fx, kudos too...i should ask specific questions ...and i understand Forex is continuous. Mr Sleeky "FX is a ZERO sum game"...thanks anyways... OK. i guess its because this is different from all i have seen before on FX, i have a feeling that this will be a great Stuff if someone will put us, Newbies through... I have a chart I attached, G, after reading your text...i now have the template and the 2 indicators on my MT4, so please what next? how do i identify the entries( in very simple terms), and then the exits (in graphical terms), thanks again....
Attached Image (click to enlarge)
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