【GOLD・Major Currency M5 Practice】Signs do not appear. That is the answer.
No signals appear.
That is the answer as well.
GOLD, USD/JPY, GBP/USD | 5-minute practical chart
When price action begins, there are many tools that generate signals immediately.
Indeed, it is attractive when you can ride a strong trend well.
However, a mechanism that increases signals in response to price movement will continue to generate signals in ranges and indecisive zones as well.
“I got caught in the middle of the range multiple times.”
What GOLD MARKET NAVIGATOR emphasizes is not the quantity of signals.
Wait until the necessary conditions are met, and make it appear as a scene where you do not need to jump in by marking it as “NO.”
This is the USD/JPY 5-minute chart.
In a scene where the conditions are met“B SELL”is displayed, and subsequently the price fell to around 2R.
On the chart, targets for ENTRY, SL, 0.5R, 1R, 1.5R, and 2R are shown.
Not only where to enter, but also where to end the judgment, and where the profit target guidelines are, can be checked using the same standards.
What matters is not that “SELL appeared because the price went down.”
Because the necessary conditions for a drop were met, it became possible to consider an entry as B SELL.
In this USD/JPY 5-minute chart, the price has risen sharply.
Even so, NAVIGATOR does not display BUY for every rise.
NO×CHASE
NO×DIRECTION WAIT
“Why isn’t BUY appearing even though it has risen so much?”
That is fine.
Trends start from short-term timeframes. However, not everything moving on a short-term timeframe grows into a genuine trend.
There are many movements that end with temporary surges or drops, a false move, or only range-bound fluctuations.
Furthermore, if you chase after something after it has already moved significantly, you risk buying at a high price or selling at a low price.
Signals not appearing does not simply mean missing a chance.
That is the judgment being made.
GOL MARKET NAVIGATOR can be used not only for GOLD but also for major currencies like USD/JPY and GBP/USD.
On this GBP/USD 5-minute chart, before the rise begins, “NO×DIRECTION WAIT” is displayed, and it waits until the direction is determined.
Later, when the conditions are met“B BUY”is displayed.
In this price action, after B BUY, the price continued to rise and reached 2R.
And what deserves attention is the subsequent judgment.
Even as the rise continues, instead of displaying new BUY signals repeatedly,“NO×CHASE”is used to refrain from chasing.
If you jump in from a price that has already extended, you risk chasing the high.
Therefore, NAVIGATOR does not increase signals simply because the movement is strong.
If B BUY appears, consider entering.
In places that have already extended, NO×CHASE.
On the GBP/USD 5-minute chart as well, it judges not only “which way it is moving” but also “whether it is a place to enter now.”
This is the GOLD 5-minute chart.
B SELLis displayed, and the price falls, moving beyond 2R.
What is notable is that even after continuing to fall, it does not keep issuing SELL signals repeatedly.
In places that have already extended or where the conditions are not yet met, NO is shown and the next entry is skipped.
“Is now the right time to enter?” are not the same.
Of course, just because S, A, H, or B is shown does not mean profit is guaranteed for all.
In this GOLD 5-minute chart, the earlier SELL did not proceed as expected, and the market situation changed afterward.
From there, the conditions are reassessed, and when the rise occurs“B BUY”is displayed.
After price extended further, it becomes “NO×CHASE,” avoiding chasing the high.
Once you determined SELL, you do not stick to SELL forever. Once you determine BUY, you do not chase to the target high.
NAVIGATOR is not designed for that usage.
Market conditions change. Therefore, it is important to verify ENTRY, SL, and R criteria, and to cut with SL when judgments differ.
No signals appear.
That is the answer as well.
Even when the price is moving strongly on a short timeframe, if the required conditions are not met, the answer is “NO.”
If S, A, H, or B appear, consider entering.
If not, pass.
GOL MARKET NAVIGATOR does not aim to generate many signals.
It clarifies the moments when not to jump in, and makes it easier to select only the moments that truly deserve consideration.
Because the conditions are met, you enter.
No signal appearing is also
an important judgment.
An MT5 indicator developed with GOLD as the focus.
Not only GOLD, but also major currencies like USD/JPY and GBP/USD can be used with the same judgment criteria in 5-minute charts.
From now on, Investment Navigation will continue to publish not only the moments when signals appear on actual charts but also the moments when signals are not taken (NO).
※The charts shown are display examples for specific scenes and do not guarantee future results.
※Due to differences in currency pairs, FX brokers, data feeds, spreads, etc., display positions and timing may vary.
※This does not guarantee profits. Please make final investment decisions at your own risk.