The gg53 "Killing Zone" | Page 97 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies

Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies

The Ultimate truth by gg53 4 replies

Metatrader "killing" 3rd party developers? 6 replies

It’s our job to trade "Futures" not "Histories", by Joe Ross 7 replies

Attachments: The gg53 "Killing Zone"
Exit Attachments

The gg53 "Killing Zone"

  • #1,921
  • Oct 12, 2013 11:13am Oct 12, 2013 11:13am
Quoting Poocher
{quote} I've read hundreds of your system comments over the years billbss.:nerd: Your forum "best system" award to gg53's set up says a lot coming from you!
Poocher,

Care to share a link to that forum?

G.
  • #1,922
  • Oct 12, 2013 11:17am Oct 12, 2013 11:17am
Quoting Eamonn
Just about to do the same, any positive comment from Bill means this system must be pretty robust thanks GG Eamonn.
Eamonn,

Blushing...
Now I must follow billbss...
Green pips to all !!

G.
  • #1,923
  • Oct 12, 2013 12:16pm Oct 12, 2013 12:16pm
I received a PM asking for a template so I thought I would post it here instead. All the main indicators are already on this thread. I added Auto_sessions to show the different trading sessions for visual back testing and another indicator to show me price and spread at a glance, but those are optional
Attached Image (click to enlarge)
Click to Enlarge Name: template.png Size: 58 KB
Attached File(s)
File Type: ex4 !SM_BPCT.ex4   28 KB | 762 downloads
File Type: ex4 Auto_Sessions_v_1.7.ex4   10 KB | 784 downloads
File Type: ex4 Gadi_NormalizedVolume_v2.2.ex4   8 KB | 880 downloads
File Type: ex4 Gadi_OBV_v2.2.ex4   7 KB | 823 downloads
File Type: ex4 Gadi_TickVolume_v2.2.ex4   11 KB | 1,045 downloads
File Type: tpl kill zone dmc.tpl   196 KB | 757 downloads
  • #1,924
  • Oct 12, 2013 12:24pm Oct 12, 2013 12:24pm
Quoting gg53
{quote} Dewey McG, Great trades and almost "by the book"... I'm not using any angles comparison - although it might be another parameter to the strategy. My rules are quite simple and already stated many times: BASIC: LONG: Enter LONG on first color match (both indies BLUE) And Gadi_NormalizedVolume is above average and Gadi_TickVolume is above "0". SHORT: Enter SHORT on first color match (both indies RED) And Gadi_NormalizedVolume is above average and Gadi_TickVolume is below "0". ADVANCED (additional trades to the above BASIC strategy):...
Awesome!

Quick question--do you ever look at re-entries? If for instance you take a trade and make your green pips, then it turns around and goes back through the other side of the channel (see PIC for example). Or are you "done" once the first trade is over?
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf_fxm15 re-entry.jpg Size: 283 KB
  • #1,925
  • Oct 12, 2013 12:34pm Oct 12, 2013 12:34pm
Dewey,

Maybe GG's post #6 will explain.
  • #1,926
  • Oct 12, 2013 12:59pm Oct 12, 2013 12:59pm
Quoting Joeyd
Dewey, Maybe GG's post #6 will explain.
Thanks! I think I am due for re-reading the thread. I pick up more each time.
  • #1,927
  • Oct 12, 2013 1:39pm Oct 12, 2013 1:39pm
Quoting Dewey McG
{quote} Awesome! Quick question--do you ever look at re-entries? If for instance you take a trade and make your green pips, then it turns around and goes back through the other side of the channel (see PIC for example). Or are you "done" once the first trade is over? {image}
Dewey McG,

You are combining and mixing 2 strategies with my indicators.
The "Asian Breakout" is just the Gadi_OBV channel breakout confirmed by Gadi_TickVolume (see post #1893).
It's not a bad thing to add another Gadi_NormalizedVolume confirmation - but mostly not needed.

The other strategy is the Gadi_NormalizedVolume & Gadi_TickVolume (detailed on post #1916).
That strategy doesn't require Gadi_OBV. You can use it - but ,again, in most cases it's not needed.

As to "Channel breakout" - once a Gadi_OBV channel is "broken" - it is no longer valid.

G.
  • #1,928
  • Oct 12, 2013 4:09pm Oct 12, 2013 4:09pm
Quoting gg53
{quote} Poocher, Care to share a link to that forum? G.
GG53 the forum billbss and I are referring to is the entire Forex Factory site.

Your thread on this forum contains the best system in billbss' opinion and I've seen him express hundreds of opinions on systems here at the Forex Factory site over many years...he's very opinionated (unlike me). When I said "his award" I meant his opinion of your system...not an actual award on another forum...sorry for the confusion.

I agree with him that yours is the best my friend...at least for me.
  • #1,929
  • Oct 12, 2013 4:34pm Oct 12, 2013 4:34pm
Quoting Poocher
{quote} GG53 the forum billbss and I are referring to is the entire Forex Factory site. Your thread on this forum contains the best system in billbss' opinion and I've seen him express hundreds of opinions on systems here at the Forex Factory site over many years...he's very opinionated (unlike me). When I said "his award" I meant his opinion of your system...not an actual award on another forum...sorry for the confusion. I agree with him that yours is the best my friend...at least for me.
Poocher,

I didn't thought about actual award - just thought this forum was mentioned on another one.

G.
  • #1,930
  • Oct 12, 2013 4:58pm Oct 12, 2013 4:58pm
Quoting gg53
{quote} Poocher, I didn't thought about actual award - just thought this forum was mentioned on another one. G.
Ya sure gg53, I made it sound confusing. Sorry!
  • #1,931
  • Oct 13, 2013 2:26am Oct 13, 2013 2:26am
Quoting gg53
{quote} billbss, Thanks for your kind words. The strategy will be better if someone here can find us an "average volume per session" (Asian, London, New-York) with start/end time for each as an external parameter. G.
Hey G, I did some googling and found this

Indicator emulates volume histogram and drawing histogram in 3 different colors – for different sessions, they are Asia, Europe and USA. Also draw TPO line.
Input parameters are:
StartDate – from where to begin (optional parameter)
lastdayStart (true/false)
CountProfile – how many days to show
Asia – color for Asia session
Europe – color for Europe session
America – color for America session
Moda – color for maximum volume

More Info here - http://mt4indicator.com/tag/market-profile/
Attached File(s)
File Type: mq4 MarketProfileCustomColor.mq4   5 KB | 539 downloads
  • #1,932
  • Oct 13, 2013 3:54am Oct 13, 2013 3:54am
Quoting shiva
{quote} Hey G, I did some googling and found this Indicator emulates volume histogram and drawing histogram in 3 different colors – for different sessions, they are Asia, Europe and USA. Also draw TPO line. Input parameters are: StartDate – from where to begin (optional parameter) lastdayStart (true/false) CountProfile – how many days to show Asia – color for Asia session Europe – color for Europe session America – color for America session Moda – color for maximum volume More Info here - http://mt4indicator.com/tag/market-profile/ {file}...
shiva,

Thanks for that.
What I'm looking for is to replace the dotted line (Volume avg.) in Gadi_NormalizedVolume - not the histogram bars.
The dotted line should, ideally, represent session average and not moving average.

G.
  • #1,933
  • Oct 13, 2013 10:20am Oct 13, 2013 10:20am
Quoting gg53
{quote} shiva, Thanks for that. What I'm looking for is to replace the dotted line (Volume avg.) in Gadi_NormalizedVolume - not the histogram bars. The dotted line should, ideally, represent session average and not moving average. G.

Ah Now i get it, may be the attached is the answer?
Attached File(s)
File Type: mq4 BetterVolume 1.4 plus Session Average.mq4   7 KB | 644 downloads
  • #1,934
  • Oct 13, 2013 12:21pm Oct 13, 2013 12:21pm
Quoting shiva
{quote} Ah Now i get it, may be the attached is the answer? {file}
shiva,

Thanks !
I'll look into it. Its sounds like the one I was looking for.

G.
  • #1,935
  • Oct 13, 2013 11:42pm Oct 13, 2013 11:42pm
hey G,
when can alert function?
  • #1,936
  • Oct 14, 2013 10:53am Oct 14, 2013 10:53am
I didn't take any trades last night because it is a US bank holiday. I was concerned that with lower volatility I might be in a slow moving trade and then some big news could come out about the government shutdown etc. that would send all my trades to SL. However, if I had traded I would have been in profit. Entry signals are marked by the green lines. GBPUSD was a clear loser and USDJPY could have been a winner but I probably would have closed the trade after the 4th candle for a tiny loss.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd_fxm15 oct 14.png Size: 64 KB
Click to Enlarge Name: audusd_fxm15 0ct 14.png Size: 71 KB
Click to Enlarge Name: gbpusd_fxm15 oct 14.jpg Size: 310 KB
Click to Enlarge Name: nzdusd_fxm15 oct 14.png Size: 60 KB
Click to Enlarge Name: usdchf_fxm15 0ct 14.png Size: 60 KB
Click to Enlarge Name: usdjpy_fxm15 oct 14.jpg Size: 275 KB
  • #1,937
  • Oct 14, 2013 1:36pm Oct 14, 2013 1:36pm
Quoting Dewey McG
I didn't take any trades last night because it is a US bank holiday. I was concerned that with lower volatility I might be in a slow moving trade and then some big news could come out about the government shutdown etc. that would send all my trades to SL. However, if I had traded I would have been in profit. Entry signals are marked by the green lines. GBPUSD was a clear loser and USDJPY could have been a winner but I probably would have closed the trade after the 4th candle for a tiny loss. {image} {image} {image} {image} {image} {image}
Dewey McG,

Regarding the "loosing trade": please read the "rules" again (post #1916).
Don't enter a trade on large bars (>x2 - >x2.5) !!
Reason: most of your pips are already "eaten".

G.
  • #1,938
  • Oct 14, 2013 2:35pm Oct 14, 2013 2:35pm
Quoting gg53
{quote} Dewey McG, Regarding the "loosing trade": please read the "rules" again (post #1916). Don't enter a trade on large bars (>x2 - >x2.5) !! Reason: most of your pips are already "eaten". G.
Got it-- thanks!
  • #1,939
  • Oct 14, 2013 11:06pm Oct 14, 2013 11:06pm
gadi_currency give always false signal..lost huge money.
if anyone interest currency strength check here...!
fantastic and it made by Hanover . so we can trust quality of this indicator and not cripple or garbage indicator
  • #1,940
  • Oct 14, 2013 11:06pm Oct 14, 2013 11:06pm
here is
http://www.forexfactory.com/showthread.php?t=163158
8 traders viewing now