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The gg53 "Killing Zone"

  • #1,821
  • May 16, 2013 7:42am May 16, 2013 7:42am
hello everybody,

I need OBV trendline mq4 is it possible
  • #1,822
  • May 21, 2013 5:15am May 21, 2013 5:15am
gg53, thanks for your response and example of the breakout used on a news event (don't worry, I won't be trying that anytime soon).

I do realize that the Asian session is just a specific, private case, but I don't have a lot of time during the day to watch for other periods of consolidation and am just focusing on this aspect for now. Eventually I hope to expand on your system and use all of your other advice as well.

I'm currently trying to find a way to visually determine whether or not a pair is actually consolidating during the Asian session (without calculating the ratio of average size of previous 3 bars to a larger bar to see if it's 3X).

I'm noticing that on a 15M chart with twice the number of bars displayed as are covered by the Gad_OBV channel (set at 22:00-7:00), the OBV channel will take up the majority of the vertically space of the indicator window if there has been a lot of movement during the Asian session and less than half of the vertical space if it seems to be consolidating. Does it seem acceptable to assume consolidation of <50% of vertical space is taken up bu channel, and to remove the EA if >50%?

gbpusd (<50% vertical space, consolidating?)
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-m15-finfx-trading-oy.png Size: 17 KB


audusd (>50% vertical space, not consolidating?)
Attached Image (click to enlarge)
Click to Enlarge Name: audusd-m15-finfx-trading-oy.png Size: 18 KB


Or do you think the above observation is too much of an assumption?
  • #1,823
  • May 24, 2013 6:44pm May 24, 2013 6:44pm
Quoting shresdk
gg53, thanks for your response and example of the breakout used on a news event (don't worry, I won't be trying that anytime soon). I do realize that the Asian session is just a specific, private case, but I don't have a lot of time during the day to watch for other periods of consolidation and am just focusing on this aspect for now. Eventually I hope to expand on your system and use all of your other advice as well. I'm currently trying to find a way to visually determine whether or not a pair is actually consolidating during the Asian session...
shresdk,

Ouch !, that's a logical and tough question to answer...
I don't think that some percentage "rule" will solve this issue. Up till now I did it by eye "measurement - which is not good enough for an EA.
My intuitive response is that volatilty during the Asian session should be measured by going to top/bottom extreme in alternating sequence (3 times or more).
(i.e. Top, Bottom, Top sequence or Bottom, Top, Bottom sequence.) Needless to say that one Top and one Bottonm is mandatory to draw the "channel".
the third Top or Bottom can be ~80% or more from previous Top/Bottom to declare that session as volatile.

This is just a preliminary idea - let me sleep on it...

G.
  • #1,824
  • May 29, 2013 8:52am May 29, 2013 8:52am
I've been trying a few different strategies, varying the PercentIncrease, TP and TS values. So far, a PercentIncrease of 1.0, TP 2.0, and TS 110 has been working best for me. I have the StopLossInPips set to 50.

I'm noticing though that even though my demo accounts are making money, the SLs are much larger than TPs. The TPs don't seem anywhere near a 2:1 ratio. Shouldn't a 2.0 TakeProfitRatio set the TP at 2x the SL? If not, how is this supposed to work?

It would be really nice to be able to set a Max SL value. And maybe to have the ability to set a manual TP?
  • #1,825
  • Jul 2, 2013 6:50am Jul 2, 2013 6:50am
Quoting shresdk
I've been trying a few different strategies, varying the PercentIncrease, TP and TS values. So far, a PercentIncrease of 1.0, TP 2.0, and TS 110 has been working best for me. I have the StopLossInPips set to 50. I'm noticing though that even though my demo accounts are making money, the SLs are much larger than TPs. The TPs don't seem anywhere near a 2:1 ratio. Shouldn't a 2.0 TakeProfitRatio set the TP at 2x the SL? If not, how is this supposed to work? It would be really nice to be able to set a Max SL value. And maybe to have the ability to set...
shresdk,

Sorry for the long absense.
To refine the Asian Breakout with Gadi_OBV - there are 2 options (or combination of both):
1. Look for the DAILY trend (SMA 50 or SMA 100) - and trade breakouts only in the direction of the trend.
2. Trade breakouts of Gadi_OBV only when a full bar is completed above/below the breakout time.
(draw a horizontal price line at the time of breakout on the main chat and wait for a full bar to close above it).

The second option will be a delayed entry. You can also use both methods together. Those rules/methods can also be added to the EA parameters (use method 1, method 2, or both)


G.
  • #1,826
  • Jul 2, 2013 11:49am Jul 2, 2013 11:49am
Quoting gg53
{quote} shresdk, Sorry for the long absense. To refine the Asian Breakout with Gadi_OBV - there are 2 options (or combination of both): 1. Look for the DAILY trend (SMA 50 or SMA 100) - and trade breakouts only in the direction of the trend. 2. Trade breakouts of Gadi_OBV only when a full bar is completed above/below the breakout time. (draw a horizontal price line at the time of breakout on the main chat and wait for a full bar to close above it). The second option will be a delayed entry. You can also use both methods together. Those rules/methods...
Welcome back Mr GG, your reappearance made my week!
  • #1,827
  • Jul 3, 2013 3:53am Jul 3, 2013 3:53am
Quoting shiva
{quote} Welcome back Mr GG, your reappearance made my week!
Hello shiva,
Have a great week...
Nice performance (wealthmiller) - care to elaborate?

G.
  • #1,828
  • Jul 3, 2013 9:00am Jul 3, 2013 9:00am
Quoting gg53
{quote} Hello shiva, Have a great week... Nice performance (wealthmiller) - care to elaborate? G.
Sure GG, its a mixed result of several methods such as GG53, D1 20 50 ema system. third screen strategy and from another system called reverse impulse on tsd forum
  • #1,829
  • Edited 10:38am Jul 3, 2013 9:26am | Edited 10:38am
gg
Great to see you back. Excellent system, thanks for the training. Every time I logon on to this forum my nugget of knowledge gets bigger!

With all that smoke I have 3 requests.
1. Can you set your files up for renko by allowing the chart Period() be active such as on, "OBV_2.2" works great on renko but "currencies_3.1_diff" doesn't:

inputs:

extern bool RenkoChart = true;

int start()

{
if ( RenkoChart ) W1Buffer = GetSlopeRSI( Symbol(), Period(), iBarShift ( NULL, Period(), currentTime ) );

if ( showW1 ) W1Buffer = GetSlopeRSI( Symbol(), PERIOD_W1, iBarShift ( NULL, PERIOD_W1, currentTime ) );


This how I squeaked out the renko with limited buffers. This way you just re-use an existing buffer, makes it easy!


2. the divergence file don't have a suffix input option, is there any chance it could be added??

3. add maxbars to lesson the load on the cpu.

inputs:
extern int maxBars = 500;

int start()
{
if ( limit > maxBars )
{
limit = maxBars;
}

Thanks again for help

Ray
  • #1,830
  • Jul 17, 2013 9:52am Jul 17, 2013 9:52am
Quoting Traderduke
gg Great to see you back. Excellent system, thanks for the training. Every time I logon on to this forum my nugget of knowledge gets bigger! With all that smoke I have 3 requests. 1. Can you set your files up for renko by allowing the chart Period() be active such as on, "OBV_2.2" works great on renko but "currencies_3.1_diff" doesn't: inputs:extern bool RenkoChart = true; int start(){ if ( RenkoChart ) W1Buffer = GetSlopeRSI( Symbol(), Period(), iBarShift ( NULL, Period(), currentTime ) ); if ( showW1 ) W1Buffer = GetSlopeRSI( Symbol(), PERIOD_W1,...
Traderduke,
Where can I get the "GetSlopeRSI" function (to see if my coding works....).
In any case it will take me a few days to complete. I'm currently quite busy.

G.
  • #1,831
  • Jul 17, 2013 9:54am Jul 17, 2013 9:54am
Hey,
I just noticed that I need one more vouch to get 10. What happens after 10?

G.
  • #1,832
  • Jul 17, 2013 10:07am Jul 17, 2013 10:07am
Quoting gg53
Hey, I just noticed that I need one more vouch to get 10. What happens after 10? G.
Multiple orgasms
  • #1,833
  • Jul 19, 2013 7:33am Jul 19, 2013 7:33am
Quoting gg53
{quote} Traderduke, Where can I get the "GetSlopeRSI" function (to see if my coding works....). In any case it will take me a few days to complete. I'm currently quite busy. G.
gg
Here's the "GetSlopeRSI" . Its imbedded on line 181. My renko fix is on line 163.

If you could get "Gadi_currencies_v2.8" to work with Renko by " 0=(Period())" that would be great or email me the mql4 file.

By the way, your legend on the first page is an out standing method of finding anything of importance on this thread.

Great working with you.

Ray
Attached File(s)
File Type: mq4 10.5 1H RSI2-wRenko.mq4   10 KB | 508 downloads
  • #1,834
  • Edited 6:10pm Jul 24, 2013 9:03am | Edited 6:10pm
Thank you all Guys for your valuable contribution in this thread and I pray for all of you to succeed in your Business, most especially to GG53,Jusiur and all of intel guys here.
This is my first post, and because of my 10 & sometimes 12 hrs long job I only spend 2 to 3 hrs a day every night to study hard and observe the market movement,one of my favorite tool I used to play and experiment is Gadi_tick volume and overlay the Bollinger Band,i attached the screen shot here.I don't know if this will make sense to you guys,but it make sense to my simple mind.Just one request to GG53 can you help me to add an alert once the Gadi_Tick Line Penetrate to BB(as shown on screen shot).Thanks a lot GG53 for your Help.



Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym15.png Size: 76 KB
  • #1,835
  • Jul 25, 2013 6:29am Jul 25, 2013 6:29am
Sorry Guys If my request seems not worthy to spend time,just ignore it...but please continue to update some posts here.
  • #1,836
  • Jul 26, 2013 6:08am Jul 26, 2013 6:08am
Quoting Balfx
Thank you all Guys for your valuable contribution in this thread and I pray for all of you to succeed in your Business, most especially to GG53,Jusiur and all of intel guys here. This is my first post, and because of my 10 & sometimes 12 hrs long job I only spend 2 to 3 hrs a day every night to study hard and observe the market movement,one of my favorite tool I used to play and experiment is Gadi_tick volume and overlay the Bollinger Band,i attached the screen shot here.I don't know if this will make sense to you guys,but it make sense to my simple...
Hello & welcome Balfx,

Please ellaborate on your entry/exit with this combined indicators.
We'll test your strategy and make an indicator with alert.

G.
  • #1,837
  • Jul 26, 2013 7:02am Jul 26, 2013 7:02am
Quoting shiva
{quote} Multiple orgasms

enjoy
  • #1,838
  • Jul 26, 2013 7:22am Jul 26, 2013 7:22am
Quoting samer960
{quote} enjoy

LOL thanks!
  • #1,839
  • Jul 26, 2013 5:39pm Jul 26, 2013 5:39pm
Quoting Balfx
Thank you all Guys for your valuable contribution in this thread and I pray for all of you to succeed in your Business, most especially to GG53,Jusiur and all of intel guys here. This is my first post, and because of my 10 & sometimes 12 hrs long job I only spend 2 to 3 hrs a day every night to study hard and observe the market movement,one of my favorite tool I used to play and experiment is Gadi_tick volume and overlay the Bollinger Band,i attached the screen shot here.I don't know if this will make sense to you guys,but it make sense to my simple...
Balfx,

After playing around with your idea of Gadi_TickVolume and ovelay Bollinger Bands indicators combination - my understandig is as follows:
The Bollinger Bands should act as a timing indicator.

In an UPTREND - enter long after Gadi_TickVolume breaks out the LOWER Band and returns above the lower band.
SL should be the lowest point of the breakout and TP should be at least the MEDIAN of the Bollinger Band.

Uptrend RETRACEMENTS - enter short after Gadi_TickVolume breaks out the UPPER Band and returns below the upper band.
SL should be the highest point of the breakout and TP should be ?!?!?!?. Those retracement trades, if taken, are very short in time.

Remaining issues to consider:
1. How do you define an Uptrend/DownTrend (50 SMA, ?)
2. What are the optimal Bollinger Band parameters (standards, other?)

All - Market opens on Monday, so you have time to play with those ideas and return with your own - or refinements.

Have a great weekend !!

G.
  • #1,840
  • Edited 7:16pm Jul 26, 2013 6:39pm | Edited 7:16pm
Gadi_TickVolume and Bollinger Band Timing - Initial review - (Balfx idea)

See attached chart - M15 - rules in above post (ignore the yellow line):
1 pair - ~40 pips - in ~ 3hrs
Bollinger Bands - standard parameters

[trade #5 - hit SL according to rules - can be improved with better SL/Entry rules]

Better results on highr TF.

G.

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_m15_tick_bol.png Size: 81 KB
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