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The gg53 "Killing Zone"

  • #2,221
  • Dec 13, 2013 8:31am Dec 13, 2013 8:31am
Quoting orid
{quote} This is a good system thanks gg again . sorry to bring this up again , if its not appropriate I will delete. But I dont have gg skills to spot the start of a kill zone easily, this indi seems very good at spotting themand helps to check charts very quickly, but im trying to work out and understand the settings. MN killzone V 1.3.3 standard settings are mminfistbars 6 mbars forclose 5 mfact 2.0 mminbarsize 3.0 mbobuffer 20.0 there seems lots of good signals on the standard settings , but when I set. [mbars forclose to 3 ] as i thought should...
orid,

"MN killzone" is not my indicator - but a good attempt to follow some of my rules in defining "Killing Zones".
I usualy determine "killing zones" by simply looking at a chart.
Another simple method is to look at the narrow bands of the Bolinger Band indicator. For that purpose you can "play" with its default 20 parameter and substitute it to values between 10 to 20.

G.
  • #2,222
  • Dec 13, 2013 8:41am Dec 13, 2013 8:41am
Quoting cfdtaleong
{quote} Thank you for reply. Maybe I read and understand wrong will re-read. Why I thought it was a zone because the volume bars are white but color tipped so my understanding was to treat them as a colored bar base on tip color. From that assumption, using the "volume bar method" i got 3 green then a series of alternating bars followed by 3 red so I defined a zone. More reading for me I guess. Many thanks
Hmm is it because there are are 3 consecutive green candles in my "zone" so in a way it "negates" the volume bar readings? Many thanks and appreciation is this can be clarified. Again sorry for the noob questions when this thread is already at EA development stage.

I want more brain power!
  • #2,223
  • Dec 18, 2013 6:54am Dec 18, 2013 6:54am
gg53 , would you mind checking this please ,
There was a big move after news which the channell caught beautifully in advance ,
Then I drew a new channel after consolidation ready for a possible second move.
Is this the correct way to trade this way?
Regards Peter.
PS I wish everyone a merry Xmas and a great new year
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  • #2,224
  • Dec 18, 2013 8:27am Dec 18, 2013 8:27am
Quoting orid
gg53 , would you mind checking this please , There was a big move after news which the channell caught beautifully in advance , Then I drew a new channel after consolidation ready for a possible second move. Is this the correct way to trade this way? Regards Peter. PS I wish everyone a merry Xmas and a great new year {image}
i know i shouldnt trade at this time but its demo and practice is good for me''
Well there was a second move but not far bailed out at BE maybe not good idea to trade same channel?
Regards Peter
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  • #2,225
  • Dec 18, 2013 9:12am Dec 18, 2013 9:12am
Quoting orid
gg53 , would you mind checking this please , There was a big move after news which the channell caught beautifully in advance , Then I drew a new channel after consolidation ready for a possible second move. Is this the correct way to trade this way? Regards Peter. PS I wish everyone a merry Xmas and a great new year {image}
orid,

You got it, Master !
Merry Xmas and a lot of green pips.

G.
  • #2,226
  • Dec 18, 2013 9:15am Dec 18, 2013 9:15am
Quoting orid
{quote} i know i shouldnt trade at this time but its demo and practice is good for me'' Well there was a second move but not far bailed out at BE maybe not good idea to trade same channel? Regards Peter {image}
orid,

I think your second channel bottom limit is a bit too low - but BE is also Ok sometimes.

G.
  • #2,227
  • Dec 18, 2013 10:27am Dec 18, 2013 10:27am
Quoting gg53
{quote} orid, I think your second channel bottom limit is a bit too low - but BE is also Ok sometimes. G.
thanks for your reply gg,
yes channel was a bit low trying to allow extra room, I also went in a bit late. things move a bit quick on the 15 min .
Ill post some more charts if that is ok , hopefully not to many losers ,
actually there has been a lot of oportunitys the last couple of days on the 15 min and 1 hour, its very impressive method way of trading.
Regards Peter
  • #2,228
  • Dec 18, 2013 11:07am Dec 18, 2013 11:07am
Quoting orid
{quote} thanks for your reply gg, yes channel was a bit low trying to allow extra room, I also went in a bit late. things move a bit quick on the 15 min . Ill post some more charts if that is ok , hopefully not to many losers , actually there has been a lot of oportunitys the last couple of days on the 15 min and 1 hour, its very impressive method way of trading. Regards Peter
orid,

Feel free to post as many as you like and ask if something are not clear.

G.
  • #2,229
  • Dec 22, 2013 10:17am Dec 22, 2013 10:17am
Thanks for providing i like testing this it look aggressive.
cheers.
  • #2,230
  • Edited 8:25am Dec 24, 2013 8:07am | Edited 8:25am
Hello "Killing-Zone"-traders, I always wondered how the gg53's OBV line looks like on highs and lows, as we only see it on close of the candles. It took me only 10 minutes to mod the indicator to show those. Maybe it gives us some benefit to define the killing zone. Merry Christmas to everyone...
Attached Image (click to enlarge)
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Attached File(s)
File Type: mq4 Gadi_OBV_HighLow.mq4   4 KB | 1,392 downloads
  • #2,231
  • Dec 24, 2013 5:10pm Dec 24, 2013 5:10pm
Hi All,

Merry Xmas and a happy new year to you and your families!
Green pips to all.

G.
  • #2,232
  • Dec 24, 2013 5:30pm Dec 24, 2013 5:30pm
Quoting gg53
Hi All, Merry Xmas and a happy new year to you and your families! Green pips to all. G.
Happy Xmas and a wonderful new year to you and your loved ones!!

Ciao
Sabrina
  • #2,233
  • Dec 25, 2013 7:52pm Dec 25, 2013 7:52pm
Quoting sabrys5769
{quote} Happy Xmas and a wonderful new year to you and your loved ones!! Ciao Sabrina
sabrys5769,

Merry Xmas, Sabrina.
I missed that blue-eyed cat...

G.
  • #2,234
  • Dec 27, 2013 11:53am Dec 27, 2013 11:53am
Hi,

I've been reading through this post during the last few days, learning a lot and also started to test the different methods explained here (I missed today's London Opening which was a pity!).
I'm quite new in Forex, I just started about two months ago, and I feel really lucky to have stumbled into this thread with such useful information.

I just wanted to thank everyone who has contributed to it as the information found here is really useful for a newbie like me.

Thanks!
  • #2,235
  • Dec 30, 2013 3:48pm Dec 30, 2013 3:48pm
Attached Image
  • #2,236
  • Dec 30, 2013 8:55pm Dec 30, 2013 8:55pm
Quoting gg53
{image}
ha ha ha ha ha !!! brilliant happy new year
Peter
  • #2,237
  • Dec 31, 2013 9:26am Dec 31, 2013 9:26am
Happy New Year Every one! A Brief Message To The Hedge Funds: All your pips will BE Ours! *hic*
  • #2,238
  • Jan 6, 2014 6:14am Jan 6, 2014 6:14am
First trade with your system and it was a winner
Twiggs was flat maybe a little up, OBV was down, got my attention. Went long on the break and bingo

Thank you GG
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Don’t ever let someone tell you that you can’t do something.
  • #2,239
  • Jan 6, 2014 7:47am Jan 6, 2014 7:47am
Quoting jusiur
This thread is dedicated to the concept of "killing zone" kindly shared by gg53 (http://www.forexfactory.com/gg53) For this reason the chief guest and guide in its development is him, because he is his creator. All credit for gg53 for this method Additionally this thread is just to put the system as a separate topic of the Evaluator SAFT thread, which initially discussed. We don´t want to mess or disturb Eval´s incredible concepts, for this reason attached document with gg53 early posts as Guide to start this topic, if you are new here...
Thank you for putting it in one jusiur ...
  • #2,240
  • Jan 6, 2014 3:50pm Jan 6, 2014 3:50pm
Hmmmm.
I quite of stumbled into this thread and I'm very happy with it.
I'm a bit a newbie and still very green, but what I have learned here, is already amazing.
I have been reading and studying various 'trading strategies' in order to filter out what is useful and where I believe in, so I can create my own trading style.
But if I use the indicators I have found here, I don't have to look any further ...
Thanks guys for every single one who has contributed to this thread.
I still have to read 30 pages, but I use all my spare time for it.
I'm already sure this is a good system, since some 'elephants' tried to offer the big mister gg53 some bribes.
But luckily he is still with us, the fools.
And a happy New Year !
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