The gg53 "Killing Zone"

Quoting kapybara

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{quote} Hi GG, I don't want to sound stupid, but probably I don't get your rules of channel for Gadi_OBV when expecting news. So upper line seems to be clear (the top at 13:19) what should be the value for bottom line? The very recent low on Gadi_OBV (candle 13:27)? Why you don't consider the low swing on Gadi at 13:04 as the treshold for the bottom boundary? Different placing for this bottom line confused me. K.

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Quoting gg53

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{quote} kapybara, For news and event trading use the most recent high/low as channel boundries. In high impact news I keep updating them manually until the last minute. Hard work, but rewarding... G.

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Quoting gg53

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{quote} kapybara, You marked the session low too far away in the "past". G.

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Quoting heispark

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{quote} I am sorry G, but I also don't know why my chart looks different. Is the indicator on your chart Gadi_OBV_Divergence.ex4? Please have a look at my chart attached. It looks somewhat different. I used default setting (and this indicator doesn't have much option to set). Also, I found the label (ForexGT_Activity_v3.1 Divergence) on your chart is different from mine. Am I missing something? Thanks {image}

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Quoting gg53

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What the Elephants knows that we don't know? Here is pre-Draghi announcement on the EURUSD & EURJPY, on M5 chart. Gadi_OBV channel breakout "predicted" this minutes before. G. {image} {image}

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Quoting gg53

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{quote} heispark, The indicator ForexGT_Activity is a newer, more advanced version of Gadi_OBV. The setting that are used show exactly the same results as Gadi_OBV. G.

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Quoting heispark

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{quote} Same here. Your indicator gives slightly faster signal than mine.... {image}

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Quoting heispark

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{quote} Thank you for your quick feedback. I cannot find ForexGT_Activity in this thread. Is this your private tool? Thanks

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Quoting gg53

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{quote} heispark, The indicator ForexGT_Activity is a newer, more advanced version of Gadi_OBV. It's not yet published and not freely available. I'll publish it when done adding and testings all new features. Posted charts with ForexGT_Activity are using the same settings as Gadi_OBV and gives exactly the same results. G.

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Quoting cbshooter

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Could someone check the xauusd chart for me to see if Gadi signaled a trade before the NFP news announcement . The version I am using did not. Thank you.

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Quoting cbshooter

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Could someone check the xauusd chart for me to see if Gadi signaled a trade before the NFP news announcement . The version I am using did not. Thank you.

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Quoting shiva

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{quote} Hi shooter, attached is a 15m chart of xau/usd The red vertical line is actually the nfp candle. Now keeping in mind what gg said about news trading I have market most recent highs and lows with red horizontal lines. The break downwards actually hinted what will happen post NFP data release. "For news and event trading use the most recent high/low as channel boundries. In high impact news I keep updating them manually until the last minute. Hard work, but rewarding..." {image}

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Quoting gg53

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{quote} shiva, Excellent example! Gadi_Tick_Volume is in downtrend (below 0) AND Red bar (heavy Sellers against Buyers) ... ...AND a channel Breakout... In general, Gadi_OBV channel breakout is much more effective than price channel breakout because you are following heavy money direction and not "spikes". G.

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Quoting cbshooter

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Dewey, How do you come up with the location of the clusters of stop orders?

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