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The gg53 "Killing Zone"

  • #1,941
  • Edited 11:52pm Oct 14, 2013 11:39pm | Edited 11:52pm
Quoting james27
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
james27,

Thanks for the compliments...
I'm using Gadi_Currencies quite succesfully and many times as an only indicator - even without price chart.
Hanover currency strength is also very good but works in a different way.

You can see how much money I "lost" by using it (attached)...

G.

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Attached Image (click to enlarge)
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  • #1,942
  • Oct 15, 2013 12:12am Oct 15, 2013 12:12am
Quoting james27
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
Joke of th Century! Gadi Currencies works great... you just havent read enough into how to use it!
.
  • #1,943
  • Oct 15, 2013 1:23am Oct 15, 2013 1:23am
yeah... Aug and Sep was big trending term .
when market is trending even 5 yr old can make huge pip.
you can make such like huge pip can make in these day??
if possible how about this week?
james
  • #1,944
  • Edited 1:42am Oct 15, 2013 1:29am | Edited 1:42am
Quoting james27
yeah... Aug and Sep was big trending term . when market is trending even 5 yr old can make huge pip. you can make such like huge pip can make in these day?? if possible how about this week? james
james27,

The statement on post #1941 include this week AND last day AND this account is still active today...

G.
  • #1,945
  • Oct 15, 2013 7:17am Oct 15, 2013 7:17am
James27....I do not believe there is no such thing as a bad indicator(even if it is a repainting one,witch this one is not).....it is how each trader trades that indicator ....that is where all the value is...
A good trader will take a "bad" indicator and will work with it and be profitable, and a bad trader can take a "good" indicator and make it look bad....
Not wanting to imply that you are a bad trader....but in the end it all comes down to the trader and his ability to trade with that indicator, good or bad.
Or even better....we do not have to trade with the indicators we do not work well with....we just pick from the thousands the ones that stand out to us and work well with our strategies....that is why we should test for months before we go live with them also.
Use Hanover's if you understand and can work with that one better.....thank God we have a choice.

Just my 2 cents

4x
  • #1,946
  • Oct 15, 2013 9:45am Oct 15, 2013 9:45am
4x, your word is also correct but you should have to know or at least shouldn't ignore environment i mean...
for example..you have bad indicator but you are good trader but not trending situation..but you can make profit? i think maybe can survive but not a make good pip i sure.
and my point is ..im not saying about bad trader or whatever.. im just saying about whether gandi_currency can use in ranging market and can make pip efficiently?
i was saw gg53 source code and i was found why it extremely difficult make pip in ranging market because he use MA.
this is snippet of his source
iMA("EURUSD" bla bla, 0, MODE_LWMA, PRICE_WEIGHTED.....
when trending market MA is your friend but when ranging MA is NOT your friend!
and MA can't and never can predict future movement! ma is just past history movement not a future.
2 cent for you
james
  • #1,947
  • Oct 15, 2013 11:04am Oct 15, 2013 11:04am
Quoting james27
4x, your word is also correct but you should have to know or at least shouldn't ignore environment i mean... for example..you have bad indicator but you are good trader but not trending situation..but you can make profit? i think maybe can survive but not a make good pip i sure. and my point is ..im not saying about bad trader or whatever.. im just saying about whether gandi_currency can use in ranging market and can make pip efficiently? i was saw gg53 source code and i was found why it extremely difficult make pip in ranging market because he...
james27,

So why keep asking to add features to it (in PM and on this forum)?
BTW: I'm making pips with it on a DAILY basis, ranging or trending... That's include last month, previous month, last week, yesterday and today, as you already saw.

Good luck to you, and many green pips !

G.
  • #1,948
  • Oct 15, 2013 5:01pm Oct 15, 2013 5:01pm
Last night was not the slam dunk other nights have been but still would have been profitable if I had used a trailing stop on the EURUSD per system rules to squeeze out more pips from a strong move. While it is not part of GG's rules I think I will pass on trades where the angle of the Gadi_TickVolume doesn't match the direction of the trade. The best trades seem to be when they match.

I post the trades here because it helps me with the learning process and also to show others that this is a pretty good system. Comments and suggestions appreciated.
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  • #1,949
  • Oct 15, 2013 5:07pm Oct 15, 2013 5:07pm
Thanks Dewey for posting these examples. I study your postings withe the notes any it's helping me a lot. I appreciate the help.

Carol
  • #1,950
  • Oct 15, 2013 5:25pm Oct 15, 2013 5:25pm
Quoting Eureka
Thanks Dewey for posting these examples. I study your postings withe the notes any it's helping me a lot. I appreciate the help. Carol
Thanks Carol. I have also learned a lot from GG's comments (and others') on them. I think we are on to something pretty good here.

I will be using very small lots the rest of the week because of the Thursday deadline to raise the debt limit.
  • #1,951
  • Oct 15, 2013 5:57pm Oct 15, 2013 5:57pm
Quoting Dewey McG
{quote} Thanks Carol. I have also learned a lot from GG's comments (and others') on them. I think we are on to something pretty good here. I will be using very small lots the rest of the week because of the Thursday deadline to raise the debt limit.
I have been lurking on this thread since the beginning. Dewey McG, your charts and comments, especially the most recent ones, are MOST helpful. Thank you.
gg53, Thank you very much for sharing your methods. This is one of the best threads I have ever come across. Who am I kidding? It is the best thread on FF!

I don't mean to exclude other contributors. I greatly appreciate all of the time and effort you have put into this thread. But I think you will all agree with me, we owe a huge debt of gratitude to gg53 for the Gadi family of indicators and his insight into market movements. Thank you all!
  • #1,952
  • Oct 15, 2013 6:36pm Oct 15, 2013 6:36pm
Yes, I also want to thank gg53 for his enormous contributions to this thread. His posts and indicators are invaluable. Also thanks for all of the other contributors that helped to further the development of this thread and make it what it is today.

Thanks to ALL.

Carol
  • #1,953
  • Oct 16, 2013 12:45am Oct 16, 2013 12:45am
Quoting Dewey McG
Last night was not the slam dunk other nights have been but still would have been profitable if I had used a trailing stop on the EURUSD per system rules to squeeze out more pips from a strong move. While it is not part of GG's rules I think I will pass on trades where the angle of the Gadi_TickVolume doesn't match the direction of the trade. The best trades seem to be when they match. I post the trades here because it helps me with the learning process and also to show others that this is a pretty good system. Comments and suggestions appreciated....
Dewey McG,

Trailing-stop is part of my strategy, and mentioned many times, although not mandatory.

G.
  • #1,954
  • Oct 16, 2013 12:46am Oct 16, 2013 12:46am
Eureka & jls,

Many thanks for your kind words !!

G.
  • #1,955
  • Edited 1:24am Oct 16, 2013 1:00am | Edited 1:24am
Quoting Dewey McG
Last night was not the slam dunk other nights have been but still would have been profitable if I had used a trailing stop on the EURUSD per system rules to squeeze out more pips from a strong move. While it is not part of GG's rules I think I will pass on trades where the angle of the Gadi_TickVolume doesn't match the direction of the trade. The best trades seem to be when they match. I post the trades here because it helps me with the learning process and also to show others that this is a pretty good system. Comments and suggestions appreciated....
Dewey McG,

I see that you are trading the Gadi_OBV "channel breakout" only on the Asian session, which is only one case of "channel breakout".
Did you try identifying other areas of consolidation and trading them with same strategy?
There are quite a few examples doing of that on this forum.

G.
  • #1,956
  • Oct 16, 2013 1:29am Oct 16, 2013 1:29am
Quoting gg53
{quote} Dewey McG, I see that you are trading the Gadi_OBV "channel breakout" only on the Asian session, which is only one case of "channel breakout". Did you try identifying other areas of consolidation and trading them with same strategy? There are quite a few examples doing of that on this forum. G.
Not yet. I was trying to get this one down first before adding more. You have a lot here!
  • #1,957
  • Oct 16, 2013 11:46am Oct 16, 2013 11:46am
Last night I did not trade. I didn't want to be in a trade if the politicians announce either a major deal or no deal that would send all my trades going in the opposite direction. I wasn't feeling well so got some sleep instead. Here are the signals that did come last night if I had been trading. You can see how the rule to stay out of the candle bar is too large would have helped.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: audusd_fxm15 oct 16.jpg Size: 297 KB
Click to Enlarge Name: eurusd_fxm15 oct 16.jpg Size: 280 KB
Click to Enlarge Name: gbpusd_fxm15 oct 16.jpg Size: 280 KB
Click to Enlarge Name: nzdusd_fxm15 oct 16.jpg Size: 306 KB
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  • #1,958
  • Oct 16, 2013 12:16pm Oct 16, 2013 12:16pm
Quoting Dewey McG
Last night I did not trade. I didn't want to be in a trade if the politicians announce either a major deal or no deal that would send all my trades going in the opposite direction. I wasn't feeling well so got some sleep instead. Here are the signals that did come last night if I had been trading. You can see how the rule to stay out of the candle bar is too large would have helped. {image} {image} {image} {image} {image} {image}
Dewey McG,

Thanks for posting charts and all your hard work !
BTW: your 4th chart from top is late entry. The actual entry should have been 2-3 bars/candles before that.
I think that the horizontal dotted lines from a day before caused the confusion.

G.
  • #1,959
  • Oct 16, 2013 12:37pm Oct 16, 2013 12:37pm
Quoting gg53
{quote} Dewey McG, Thanks for posting charts and all your hard work ! BTW: your 4th chart from top is late entry. The actual entry should have been 2-3 bars/candles before that. I think that the horizontal dotted lines from a day before caused the confusion. G.
Good catch. It was a nice strong signal and easy winner. Corrected PIC attached.

I appreciate all the feedback. It is helping me and making me better at this. With the deadline tomorrow I doubt I will be trading live tonight unless a deal is reached before then, but will practice on demo. Hopefully this gets resolved soon so we can start making some money with this.
Attached Image (click to enlarge)
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  • #1,960
  • Oct 16, 2013 1:12pm Oct 16, 2013 1:12pm
Looks like the politicians may have reached a settlement.
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