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The gg53 "Killing Zone"

  • #2,241
  • Edited Jan 10, 2014 3:46pm Jan 9, 2014 9:26pm | Edited Jan 10, 2014 3:46pm
My comments on the EA (Killing Zone EA v1.03) :

Thanks Dewey McG (http://www.forexfactory.com/dewey*mcg)& CHJungen (http://www.forexfactory.com/chjungen) for your contribution.
But since your entries are based on PRICE and mine are on VOLUME - there is some differences between how I trade the "breakout" and the EA way of doing it.

So, in order to find some compromise and maintain the logic of "Session Breakout" I suggest the following:
1. Using Gadi_OBV channel, find the CLOSE of the last bar that correspond to channel UPPER bound.
2. Add 3 pips from that CLOSE and draw a horizontal line on the price chart.
3. Using Gadi_OBV channel, find the CLOSE of the last bar that correspond to channel LOWER bound.
4. Subtract 3 pips from that CLOSE and draw a horizontal line on the price chart.

Now we have two horizontal lines on the price chart, drawn AFTER the channel end.
Enter LONG: when the horizontal line is broken upward from below, initial TP 6 pips.
Enter SHORT: when the horizontal line is broken downward from above, initial TP 6 pips.

We will "play" with TP, SL and TrailingStop when this baby is profitable...

G.
  • #2,242
  • Jan 9, 2014 9:39pm Jan 9, 2014 9:39pm
Pending Orders and Trading Logic (general remark):

If you got a Pending order (with StopLoss) which is not activated yet and the StopLoss of that order was hit, that Pending order should be CANCELED.
The reason is quite simple: The Logic that created that order is no longer valid.

Just a general remark...

G.
  • #2,243
  • Jan 10, 2014 12:13am Jan 10, 2014 12:13am
Quoting gg53
..since your entries are based on PRICE and mine are on VOLUME - there is some differences between how I trade the "breakout" and the EA way of doing it.

G. thank you for your comment. But what makes you think, the EA's entries are based on price? - It is not.
It trades the breakout of the OBV-channel, which is defined by OBV only (with some percentage enlargement or/and n-ticks outside) - price is not involved.
  • #2,244
  • Jan 10, 2014 3:41pm Jan 10, 2014 3:41pm
Quoting chjungen
{quote} G. thank you for your comment. But what makes you think, the EA's entries are based on price? - It is not. It trades the breakout of the OBV-channel, which is defined by OBV only (with some percentage enlargement or/and n-ticks outside) - price is not involved.
chjungen,

Aren't you entering the trade based on "channel breakout" - on last bar CLOSE price?

G.
  • #2,245
  • Jan 27, 2014 12:11pm Jan 27, 2014 12:11pm
Hi G,

I am looking for this dashboard, do you have the link or name of the indie?

Thanks,
Guess

http://www.forexfactory.com/attachment.php?attachmentid=1294029&stc=1&thumb=1&d=1381919726
  • #2,246
  • Jan 27, 2014 12:41pm Jan 27, 2014 12:41pm
Quoting guess121
Hi G, I am looking for this dashboard, do you have the link or name of the indie? Thanks, Guess http://www.forexfactory.com/attachment.php?attachmentid=1294029&stc=1&thumb=1&d=1381919726
guess121,

it's a picture from some PDF.
I didn't made the EA that operate on this publicly available.

G.
  • #2,247
  • Jan 27, 2014 12:46pm Jan 27, 2014 12:46pm
No worries G... thank you.

Quoting gg53
{quote} guess121, it's a picture from some PDF. I didn't made the EA that operate on this publicly available. G.
  • #2,248
  • Feb 3, 2014 11:54pm Feb 3, 2014 11:54pm
GG53,

I just wanted to pop in and thank you once again for sharing your Gadi Currencies and Currency Diff indicators. I am using them with a new strategy. They provide confidence that I am in the right pair, and keep me on the sidelines when appropriate. When used in combination with a good strategy, they are amazingly powerful tools.
  • #2,249
  • Feb 4, 2014 12:07am Feb 4, 2014 12:07am
Quoting panamamike
GG53, I just wanted to pop in and thank you once again for sharing your Gadi Currencies and Currency Diff indicators. I am using them with a new strategy. They provide confidence that I am in the right pair, and keep me on the sidelines when appropriate. When used in combination with a good strategy, they are amazingly powerful tools.
panamamike,

Thanks for your kind words.
I never trade without it, and developed a more advanced one currently used in a new monster EA.
I wish you many green pips!

G.
  • #2,250
  • Feb 19, 2014 9:45am Feb 19, 2014 9:45am
Hello, Gadi
I have been using your TickVolume Divergence (Gadi_TickVolume_v2.2) indicator and suddenly found that there is a strange string in the Experts tab (see the picture).
What is it? is it a error in the code?
I am still using the 509 build of MT4.
Attached Image (click to enlarge)
Click to Enlarge Name: GTVol.jpg Size: 219 KB
Hunting High and Low
  • #2,251
  • Feb 19, 2014 3:15pm Feb 19, 2014 3:15pm
Quoting Dr.Phoenix
Hello, Gadi I have been using your TickVolume Divergence (Gadi_TickVolume_v2.2) indicator and suddenly found that there is a strange string in the Experts tab (see the picture). What is it? is it a error in the code? I am still using the 509 build of MT4. {image}
Dr.Phoenix,

It's an error in code but doesn't affect the indicator behavior or results.
Didn't have time to fix it - since it's nicety only it went to the bottom of the "To Do" list...
Sorry about that.

G.
  • #2,252
  • Mar 4, 2014 6:31pm Mar 4, 2014 6:31pm
Hi GG,

I have been trying to solve a puzzle that was presented a long time ago that no one really seemed to take any interest in (which, in itself, is baffling). I have been trying to recreate your "Guided Missile" technique from the old SAFT thread started by Evaluator. Needless to say, I haven't gotten very far.

In the original example (screenshot) you overlayed a version of ADX on Gadi OBV. In particular, you showed, if I am not mistaken, the -DI line. You said that the EA it was extracted from would choose either +DI or -DI based upon certain factors and then the EA would scale the +DI/-DI. You further stated the EA would minimize crossovers.

I can place a standard -DI over the Gadi OBV and get some fairly decent signals. They are not optimized, of course, but they are decent enough and can even be traded as is. To be sure, the results are not great but they are better than many indicators/systems posted throughout this forum. I have found the +DI to be almost worthless in its out-of-the-box settings when applied to Gadi OBV. The fact that when Gadi OBV crosses above the -DI alone seems to demonstrate that volume is pushing price higher and when Gadi OBV falls below -DI that price must, necessarily, fall (something akin to the reverse engineering of indicators you have mentioned a few times... if you know the conditions that will move an indicator then you know the conditions that will move price). The +DI seems to be an exaggerated version of Gadi OBV in many respects and they move together more often than not.

Is the +DI ever really used in the "Guided Missile" technique? I cannot find consistent signals generated with Gadi OBV crossing +DI whereas the signals produced on standard ADX settings for the -DI are not too bad when combined with Gadi OBV. I have also found that when the -DI (or +DI) run parallel to Gadi OBV, neither line moving up or down -- just trending sideways, you are usually in a killing zone.

Any hints on what those settings may be? My guess is the standard settings must be greatly shortened on +DI but this would, unfortunately, cause too many crossovers and thus, false signals.

I know the "Guided Missile" posts are now ancient history (which you may not even trade anymore) but much like the Rubic's Cube I bought in the 80's I always go back to it trying to solve it!

Thanks.
  • #2,253
  • Mar 4, 2014 6:46pm Mar 4, 2014 6:46pm
Quoting jls
Hi GG, I have been trying to solve a puzzle that was presented a long time ago that no one really seemed to take any interest in (which, in itself, is baffling). I have been trying to recreate your "Guided Missile" technique from the old SAFT thread started by Evaluator. Needless to say, I haven't gotten very far. In the original example (screenshot) you overlayed a version of ADX on Gadi OBV. In particular, you showed, if I am not mistaken, the -DI line. You said that the EA it was extracted from would choose either +DI or -DI based upon certain...

jls,

The "Guided Missile" technique/indi is very much alive and kicking - and still used in our EA's.
unfortunately, I can't disclose more details than already published here.

G.
  • #2,254
  • Mar 4, 2014 7:17pm Mar 4, 2014 7:17pm
Quoting gg53
{quote} jls, The "Guided Missile" technique/indi is very much alive and kicking - and still used in our EA's. unfortunately, I can't disclose more details than already published here. G.
Absolutely no problem. You have been more than generous enough with the multitude of indicators and techniques you have shared!
  • #2,255
  • Mar 4, 2014 11:08pm Mar 4, 2014 11:08pm
Quoting gg53
{quote} Dr.Phoenix, It's an error in code but doesn't affect the indicator behavior or results. Didn't have time to fix it - since it's nicety only it went to the bottom of the "To Do" list... Sorry about that. G.
I have seen this error when the window number is determined in init.
I fixed in mine in the start function using a bool WindowFound to determine if the code has been run for finding the window number.
If you have problems with this I can post a code snippet.
While not usually causing obvious problems it does cause a great deal of overhead from writing the error to the log.

Robert
  • #2,256
  • Mar 5, 2014 12:38am Mar 5, 2014 12:38am
Quoting MrPip
{quote} I have seen this error when the window number is determined in init. I fixed in mine in the start function using a bool WindowFound to determine if the code has been run for finding the window number. If you have problems with this I can post a code snippet. While not usually causing obvious problems it does cause a great deal of overhead from writing the error to the log. Robert

MrPip,

Yes, please send.
Thanks.

G.
  • #2,257
  • Mar 10, 2014 12:07am Mar 10, 2014 12:07am
G

First declare a global

string Indicator_Name = "CCFp4_1";
Then add more if needed in init.

int init() {
Indicator_Name = StringConcatenate(Indicator_Name, ": ");
if (USD) Indicator_Name = StringConcatenate(Indicator_Name, " USD");

After adding everything the final code in init would be

IndicatorShortName(Indicator_Name);

Then from the function that needs the proper window use something like in the following function

void sl(string sym, int y, color col) {
int window = WindowFind(Indicator_Name);
string ID;

if (ShowObjects)
{
Objs++;
ID = ObjectID + Objs;
if (ObjectFind(ID) == -1 ){
if (ObjectCreate(ID, OBJ_LABEL, window, 0, 0)) {
ObjectSet(ID, OBJPROP_XDISTANCE, y + 34);
ObjectSet(ID, OBJPROP_YDISTANCE, 0);
ObjectSetText(ID, sym, 18, "Arial Black", col);
}
}
}
}


OR

declare a global of

int myIndWindow;

Do the same as in init.

Then in start

int start {
static int HaveIndWindow = false;

if (!HaveIndWindow)
{
myIndWindow = WindowFind(Indicator_Name);
}


Then use myIndWindow in ObjectCreate
  • #2,258
  • Mar 10, 2014 1:02am Mar 10, 2014 1:02am
Quoting MrPip
G First declare a global string Indicator_Name = "CCFp4_1"; Then add more if needed in init. int init() { Indicator_Name = StringConcatenate(Indicator_Name, ": "); if (USD) Indicator_Name = StringConcatenate(Indicator_Name, " USD"); After adding everything the final code in init would be IndicatorShortName(Indicator_Name); Then from the function that needs the proper window use something like in the following function void sl(string sym, int y, color col) { int window = WindowFind(Indicator_Name); string ID; if (ShowObjects) { Objs++; ID = ObjectID...

MrPip,

Thanx!

G.
  • #2,259
  • Apr 22, 2014 9:01am Apr 22, 2014 9:01am
Quoting gg53
{quote} Dr.Phoenix, It's an error in code but doesn't affect the indicator behavior or results. Didn't have time to fix it - since it's nicety only it went to the bottom of the "To Do" list... Sorry about that. G.
Hi, GadiI remind you to re-compile Gadi_Currencies 3 diff indicator - I wrote about its errors in the log (see. before).The mater is that the indicator writes its log messages into the log-file on HDD, the log.txt file is becoming enormous in size (GBites in total), filling HDD out in the end.Please correct the indicator.
Hunting High and Low
  • #2,260
  • Apr 22, 2014 9:08am Apr 22, 2014 9:08am
Quoting Dr.Phoenix
{quote}Gadi_Currencies 3 diff
Edited. It is the Gadi_TickVolume_v2.2 indicator of course.
Hunting High and Low
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