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The gg53 "Killing Zone"

  • #1,801
  • Apr 27, 2013 3:43pm Apr 27, 2013 3:43pm
Quoting BlackStack
A chandelier exit is usually better than a trailing stop. see attached. {file}
BlackStack,

Just finished reading all the theory behind the "Chandelier" Trailing - looks interesting.
Needs testing on different TF's.

Thanks !

G.
  • #1,802
  • Apr 28, 2013 7:20am Apr 28, 2013 7:20am
Quoting kingaustin01
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...

kingaustin,

you got a nice summary from gg. nonetheless 'newbie' it's not forbidden to read the thread. more important than knowing 'how to' is the 'why'. and this you'll find start reading on page 1.

josch
trading is war - life is simple
  • #1,803
  • Apr 29, 2013 4:16pm Apr 29, 2013 4:16pm
Hi All,

I have a question:
How much is it fair to charge for a frontal course, explaining this system, about 5 meetings of about 90 minutes each?

Looking forward to your response.

G.
  • #1,804
  • Apr 29, 2013 8:00pm Apr 29, 2013 8:00pm
Quoting gg53
Hi All, I have a question: How much is it fair to charge for a frontal course, explaining this system, about 5 meetings of about 90 minutes each? Looking forward to your response. G.
Hi gg53

What do you mean by 'frontal'

J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #1,805
  • Apr 30, 2013 3:40am Apr 30, 2013 3:40am
Quoting jjre65
{quote} Hi gg53 What do you mean by 'frontal' J
Hi GG,

To be truly honest, even information and tools published here are invaluable. So I cannot imagine what would be the price for your course (if we're talking in terms of money). If you compare course prices sold all over the internet, then this course would cost much more than that. Also there is some perception of certain price different for different people. I don't want to quantify it. I would like to know others' opinions and yours too.

Your "frontal" course would be real gem.

Cheers,
Kapy
  • #1,806
  • Apr 30, 2013 3:44am Apr 30, 2013 3:44am
Hi all,

Firstly I want to thank you for this great thread, a really promising methodology.

Well, I have been reading you for a while and I have used thes indies you have been publishing. There is one of them known as "CurrencySlopeStrength" that I am testing right now. I have detected that it is repainting, have you experienced the same?.

Thank you!.

P.D.- Excuse my English, it's not my native language!.
  • #1,807
  • Apr 30, 2013 4:17am Apr 30, 2013 4:17am
Hi to all.
I wonder if we can start a sub-thread regarding 'Mental Toughness to Trading"......aka let the market do its thing and dont interfere with trades placed.

As a greenstick {6 months trading} I find myself entering trades with confidence only to manually overide them alot of the time because they track in the wrong direction early in the piece, panic sets in, a premature close eventuates and the trade goes on to perform in the manner expected.

Im sure the battle wary have already overcome this dilemma.

Any words of wisdom welcome.

Cheers
J
Winning isnt everything but coming second sucks (Charlie Brown)
  • #1,808
  • Apr 30, 2013 5:04am Apr 30, 2013 5:04am
Quoting jjre65
{quote} Hi gg53 What do you mean by 'frontal' J
jjre65,

"Frontal" means to speak/lecture/teach in person in front live audience.

G.
  • #1,809
  • Apr 30, 2013 5:06am Apr 30, 2013 5:06am
Quoting FXing
Hi all, Firstly I want to thank you for this great thread, a really promising methodology. Well, I have been reading you for a while and I have used thes indies you have been publishing. There is one of them known as "CurrencySlopeStrength" that I am testing right now. I have detected that it is repainting, have you experienced the same?. Thank you!. P.D.- Excuse my English, it's not my native language!.
FXing,

"CurrencySlopeStrength" is not one of my indicators.

G.
  • #1,810
  • Apr 30, 2013 10:17am Apr 30, 2013 10:17am
Quoting gg53
{quote} FXing, "CurrencySlopeStrength" is not one of my indicators. G.
Hi G,

I know it's not one of your indicators, I only want to know if someone else is experimenting the repainting issue. Thanks.
  • #1,811
  • May 1, 2013 8:54am May 1, 2013 8:54am
Quoting gg53
{quote} wyh0520, That's the Start-Up that builds an external trading application, that we are working on. It gets its data from MT4 (othyers will be added later on) - does its magic - and return the results to MT4 - for BUY/SELL suggestions. We are running it on "test mode" while continuing development - that post was the first results from it. G.
Mr. gg53, if you finish developing this useful indicator/system, pls post here. If it's really useful to make pips, it's worth buying this system. If you have any other good indicators, could you send to me, thanks! Beacuse I do some business in daytime and have not enough time in researching trading, and sorry for my poor english, cause it's not my mother tongue.

Thanks!
my email is: [email protected]
  • #1,812
  • May 1, 2013 8:58am May 1, 2013 8:58am
Quoting wyh0520
{quote} Mr. gg53, if you finish developing this useful indicator/system, pls post here. If it's really useful to make pips, it's worth buying this system. If you have any other good indicators, could you send to me, thanks! Beacuse I do some business in daytime and have not enough time in researching trading, and sorry for my poor english, cause it's not my mother tongue. Thanks! my email is: [email protected]
:-)
  • #1,813
  • May 1, 2013 10:53pm May 1, 2013 10:53pm
Quoting wyh0520
{quote} Mr. gg53, if you finish developing this useful indicator/system, pls post here. If it's really useful to make pips, it's worth buying this system. If you have any other good indicators, could you send to me, thanks! Beacuse I do some business in daytime and have not enough time in researching trading, and sorry for my poor english, cause it's not my mother tongue. Thanks! my email is: [email protected]
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Humble & Kalcker CLO2 = Covid killer
  • #1,814
  • May 2, 2013 9:47am May 2, 2013 9:47am
Quoting wyh0520
{quote} Mr. gg53, if you finish developing this useful indicator/system, pls post here. If it's really useful to make pips, it's worth buying this system. If you have any other good indicators, could you send to me, thanks! Beacuse I do some business in daytime and have not enough time in researching trading, and sorry for my poor english, cause it's not my mother tongue. Thanks! my email is: ([email protected])
wyh0520,

If there is somesthing that I want to share - it will be shared here, in public, to everyone.
No need to send private emails.

G.
  • #1,815
  • May 6, 2013 6:26am May 6, 2013 6:26am
Hi All.

Can someone please advise me on the Gadi Currencies indicator (v2.7, v.2.8 and v3.0), I can't seem to get it to work on MT4.
I've loaded it in the folder, activated it inside MT4 but nothing is happening. Is there a step I'm missing out on?

Cheers,

H
  • #1,816
  • May 6, 2013 1:10pm May 6, 2013 1:10pm
Quoting Hornstinger
Hi All. Can someone please advise me on the Gadi Currencies indicator (v2.7, v.2.8 and v3.0), I can't seem to get it to work on MT4. I've loaded it in the folder, activated it inside MT4 but nothing is happening. Is there a step I'm missing out on? Cheers, H
Please read posts 1760 or 1762

K.
  • #1,817
  • May 9, 2013 9:59am May 9, 2013 9:59am
Quoting imaxi
The EA is sending orders but nothing is happening?? Same thing as last time.... Anybody experiencing this effect?
I've spent the last few days reading through this amazing thread and can't wait to see how it continues to evolve! I'm looking forward to the next version of the EA. Thank you to everyone for all of the hard work, especially to gg53 for the wonderful indicators and lessons.

I've tried testing out the EA on my demo account, but have run into this same issue. It looks like orders are being sent but nothing is happening. I read that it may have been a magic number issue, so I thought if I tried running the EA on only one pair it might work. Same thing: orders being sent but no trades taking place. I'm not sure what to try next.
  • #1,818
  • May 13, 2013 5:38am May 13, 2013 5:38am
Hi gg53, I’m a little confused on how to best use Gadi_OBV v2.2. I’m using this to help me find break outs of the Asian Session channel on the Frankfurt open. I’ve tried a couple of different settings, but neither of them really does what I was expecting and was hoping you could clarify.

If I set it for 22:00 – 7:00, the channel will correctly capture the highs/lows of the Gadi_OBV throughout the Asian session to the Frankfurt open, but the channel won’t display until an hour after the open which would require manually adding the horizontal lines until they are displayed at 8:00.

If I set if for 22 – 6:00, the channel will display at the Frankfurt open, but it will not capture the highs/lows the Gadi_OBV made during the last hour of the Asian session.

Is it the intent of this indicator strategy to not trade during the first hour after the Gadi_OBV high/low is set?
  • #1,819
  • May 14, 2013 3:17am May 14, 2013 3:17am
Quoting shresdk
Hi gg53, I’m a little confused on how to best use Gadi_OBV v2.2. I’m using this to help me find break outs of the Asian Session channel on the Frankfurt open. I’ve tried a couple of different settings, but neither of them really does what I was expecting and was hoping you could clarify. If I set it for 22:00 – 7:00, the channel will correctly capture the highs/lows of the Gadi_OBV throughout the Asian session to the Frankfurt open, but the channel won’t display until an hour after the open which would require manually adding...
shresdk,

The Gadi_OBV indicator is built in such a way that it will not display the channel until the preset times is finished.
It will display the channel immediatly when the END time arrived.
If you want to see it before the next bar close - reduce the TF (recommended for H1 is to reduce to M15).

Please note that the Asian session is just a specific, private case, of using this indicator. You can (and should) use it in any area of consolidation - in order to determine the "breakout".

G.
  • #1,820
  • May 14, 2013 3:56am May 14, 2013 3:56am
Quoting shresdk
Hi gg53, I’m a little confused on how to best use Gadi_OBV v2.2. I’m using this to help me find break outs of the Asian Session channel on the Frankfurt open. I’ve tried a couple of different settings, but neither of them really does what I was expecting and was hoping you could clarify. If I set it for 22:00 – 7:00, the channel will correctly capture the highs/lows of the Gadi_OBV throughout the Asian session to the Frankfurt open, but the channel won’t display until an hour after the open which would require manually adding...
shresdk,

Here is an example of using Gadi_OBV to spot FALSE and TRUE breakouts (not in Asian session).
Usually I don't trade on Fridays (that's another issue...) - unless there are special Forex announcements.
On May 3rd (two weeks ago) there was an un-employment announcement which heavilly affect the USD (if differs from expectations).
Here is my setup on EURUSD M1 - prior to the announcement (which should be on 15:30, my broker time).

Chart #1 - About 10 minutes before the event I draw a "channel" on high/low Gadi_OBV (yellow horizontal lines between the red vertical lines).
Chart #2 - A minute before the event there was an upward "spike" - I didn't fall for that (no announcement yet) - and adjusted the channel accordingly.
Chart #3 - immediatly after the announcement there was a sharp "dive" which broke the "channel". I immediatly entered a short trade (no waiting for bar close).

You can see the results.
Another note: usually after a sharp movement there is a consolidation area - and the price tends to return "home".
Take advantage of that movement too.

Hope this clears the usage of Gadi_OBV in breakouts situation.

Final note on this example: DON'T TRY THIS AT HOME !!
It is very dangerous to trade news and during news announcements !!

G.
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