Utilization of the "Visualization Indicator" (Part 248)

「Visualization Indicator」 utilization（that248）

1. Evolve the “28 Currency Pairs List Indicator” further as an indicator

“8CP Visualization Indicator” be used to draw NZDUSD.

“8CP Visualization Indicator” includes Oceania version, London version, NewYork version, AnyCP version. This time we used the Oceania version.

The upper half is,NZDUSD’s 15-minute chart. The lower half is from the”,, “8CP the cyan thick line graph corresponds to NZDUSD

On Thursday, NZDUSD’s graph dropped below the other graphs, so we sold. You exit at the bottom of the same day, 30 pi p s profit was earned. Take what you can, and refrain from trading elsewhere—that is the proper method.

Currency Strength/Weakness Graph

Looking at the 15-minute currency strength graph, USD and NZD. Trade only in areas where USD and NZD are diverging and widening. If NZDUSD is sold in the divergence, since they are in an inverse correlation, target only that point.

In FX, pick the currency pair that is currently growing the most and has inverse correlation to trade, and the results will follow accordingly.

　“Aim for currency strength inverse correlation!” is the prime rule in FX.

Using “TrendLine-EX”, you can automate entries and settlements with diagonal trendline breakouts. Since you can leave it as is, easy trading is realized. “TrendLine-EX” is a semi-automatic EA that can auto-sell on trendline break and auto-close on trendline break above.

2. Try Best Select

The figure below is a screenshot taken on April 22, 17:01 (JST) .

　In [Total], arranged in descending order of values. The top NZD USD is in blue color across all timeframes. Moreover, the Total value is 1942.06, a large positive number. This suggests an upward trend in NZDUSD

Now, let’s look at the NZDUSD chart.

　 The red arrows mark where the screenshot was taken. It captures the rising points.

“28 Currency Pairs Best Select Indicator” Also, the “28 Currency Pair Divergence Comparison Indicator” shows which among 28 pairs have the largest divergence, helping you decide which pair to trade at a glance.

“28 Currency Pairs Best Select Indicator”

https://www.gogojungle.co.jp/tools/indicators/35128

3. Since May 2021 we have been tracking EURJPY’s movement?.

Since May 2021 we have been tracking EURJPY movement.

To view the overall trend, we draw roughly three weeks’ worth of 30-minute charts.

Previously, I wrote as follows.

When comparing the vector directions of EUR and JPY, JPY is pointing upward, EUR is downwards, so EURJPY is expected to trend downward.




　As expected, it has been slightly downward.

The 30-minute currency strength chart shows.

　Pink is EUR, green is JPY. Both are almost horizontal with no clear direction. It is likely to remain in a range for a while.



　4. Try the new Dual_MACD_Trend_Indicator.



Details on the new indicator can be found below.


MT4 version：https://www.gogojungle.co.jp/tools/indicators/62199

MT5 version：https://www.gogojungle.co.jp/tools/indicators/62202

　A clear color indication of trend direction. If the color bar is Lime, it is a buy; if Red, it is a sell; easy for beginners to use. If the color is green, it indicates an uptrend; if red, a downtrend; if no color, no trend. With color display, you can grasp the trend at a glance


　I have introduced this indicator to NZDUSD on the 1-hour chart.

　The red sell zone and green buy zone are clearly separated, making trading easy at a glance. In the upper chart, focus only on the white ellipse; since the indicator color is red, you only trade sells.
　With the Dual_MACD_Trend_Indicator, buy in green zones, sell in red zones, and do not trade otherwise.
Using the Dual_MACD_Trend_Indicator, you will no longer doubt the trading direction.

 



5. Trend_Color_MA_MTF has been newly released

From the sales page
“Trend_Color_MA_Dual_MTF” is designed to transform your trading. This tool is not just a moving average. It visualizes trend direction with “color” and notifies you via “sound” and “notification” the moment a signal arrives, making it your personal assistant.


  As an example, on NZDUSD 1-hour chart we displayed the 4-hour moving averages as well. The 4-hour MA forms a stair-step, while the 1-hour MA shows in blue when rising and red when falling, allowing you to discern current chart trend direction and higher-timeframe trend direction at a glance via color.
　When the higher timeframe and the current timeframe colors match, sell if red and buy if blue.
　In a selling scenario, 1-hour MA is red and trending down, 4-hour MA is orange and trending down, and the candles break below two moving averages to sell.
　In a buying scenario, 1-hour MA is light blue and rising, 4-hour MA is blue and rising, and the candles break above two moving averages to buy.
　This trading strategy enables you to trade effectively.

　For details, please refer to the following link。
https://www.gogojungle.co.jp/tools/indicators/75985

https://www.gogojungle.co.jp/tools/indicators/42257

“8 Currencies Strength Visualization Indicator” is described on the following pages。

MT4 version https://www.gogojungle.co.jp/tools/indicators/39150

MT5 version https://www.gogojungle.co.jp/tools/indicators/39159

【Products I have for sale】

https://www.gogojungle.co.jp/users/140198/products