Application of the “Visualization Indicator” (Part 221)
"Visualization Indicator" usage (Part221)
1. Further develop the "28 Currency Pair List Indicator" into an indicator
"8CP Visualization Indicator"to drawEUR:AUD.
"8CP Visualization Indicator" includesOceania version,London version,New York version,AnyCP version. This time, I used theOceania version.
The top half is theEUR:AUD 15-minute candlestick chart. The bottom half is from the “8CP Visualization Indicator”; the red thick line chart corresponds toEUR:AUD.
On Tuesday, Wednesday, and Thursday, the EUR:AUD chart rose, so I traded three times as a buy. The profits were160 pips, 110 pips, 250 pips, totaling520 pips.
Currency Strength Graph
Looking at the 15-minute currency strength graph, AUD and EUR form a perfect inverse correlation.AUD and EUR relationship shows EUR > AUD, EUR and AUD diverge; focus on the divergence area and trade EUR:AUD as a buy. The pair that’s currently the strongest and showing inverse correlation will naturally yield results.
"Aim for Currency Strength Inverse Correlation!" is FX’s principle.
If you useTrendLine-EX, entries and exits can be automated by crossing diagonal trendlines. You can leave it as is for easy trading. TheTrendLine-EX is a semi-automatic EA that sells automatically when the price breaks below a trendline and closes automatically when it breaks above a trendline.
2. Best SelectTry the Indicator
The following is a screenshot taken on2025 year10 month17 day16:21 (JST).
[Total]Numbers are sorted in descending order. At the bottom,AUDJPY appears in red across all timeframes.Total is -6177.02, an exceedingly large negative number.AUDJPY indicates a significant downtrend.
Now, let’s look at the AUDJPY chart.
The red arrow marks the point where the screenshot was taken. It corresponds to a sharp drop.
“28 currency pairs Best Select
“28 currency pairs Best Select indicator”
https://www.gogojungle.co.jp/tools/indicators/35128
3. 2021 year5 month onward, what happened to EURJPY’s movement?
Since 20215 movement has been tracked.
To view the overall trend, I am drawing about30 minutes of the most recent3 weeks on the 30-minute chart.
Last time I wrote the following.
Pink is EUR, green is JPY EUR is almost flat, whereas JPY is dropping significantly. As for the future direction, JPY is rising relative to EUR, so EURJPY is expected to trend downward.
As predicted, it is moving slightly downward.
30 minutes currency strength chart.
Pink is EUR, green is JPY. In the currency strength chart, JPY > EUR, so the future direction is for both to head downward, but EUR angle is slightly steeper, so EURJPY is expected to continue downward.
4.Try the new indicatorDual_MACD_Trend_Indicator. I did
New indicator “Dual_MACD_Trend_Indicator” please see below.
MT4 version:https://www.gogojungle.co.jp/tools/indicators/62199
https://www.gogojungle.co.jp/tools/indicators/62202
It is an indicator that clearly shows the direction of the trend with color. If the color bar isLime then it’s a buy,Red means sell; it’s easy for beginners to use. If the bar color is green, the trend is up; if red, the trend is down. With color display, you can grasp the trend state at a glance.
I have introduced this indicator to the EUR:AUD1 hour chart.
The red sell zone and green buy zone are clearly separated, making trading easy at a glance. Follow the indicator’s colors: green to buy, red to sell. This allows you to focus on the parts where the trend is strong and earn profits without forcing it.
UsingDual_MACD_Trend_Indicator, trade only when in the green zone (buy) or red zone (sell); otherwise, do not trade.
WithDual_MACD_Trend_Indicator, you will no longer wonder about trading direction.
5.
“Hyper-CSW” has been released
“Hyper-CSW” is a high-performance indicator that visualizes the strength of the eight major currencies at a glance. It records the strongest currency and the score for the past 10 bars on the displayed timeframe, and accurately captures trend duration and turning points. Furthermore, it supports multi-timeframe analysis that shows currency strength rankings (top 4 currencies) across multiple timeframes such asH4W1
For more details, please see the following link.
https://www.gogojungle.co.jp/tools/indicators/65082
※ Recommended indicators
“8CFD Visualization IndicatorAny version”
https://www.gogojungle.co.jp/tools/indicators/32288
“Toretore Indicator”
https://www.gogojungle.co.jp/tools/indicators/50115
“TrendLine-EX”
https://www.gogojungle.co.jp/tools/indicators/42257
“8C currency strength visualization indicator” please refer to the following page.
MT4 version https://www.gogojungle.co.jp/tools/indicators/39150
version https://www.gogojungle.co.jp/tools/indicators/39159
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