[New Signal] Update Complete
https://www.gogojungle.co.jp/tools/indicators/86097
We have developed a new signal.
That said, it’s not about simply incorporating something new and making it look right.
As stated in the product description, we do not engage in overfitting like curve fitting, so it’s not that kind of thing.
Things like that may be fine in the past, but they will not work in the future.
My signal is actually quite simple and intuitive in its price movement, so it does not change in the past or the future, and there is no need to change it.
You can adjust the points produced by parameter settings, but if you don’t have a particular preference, there’s no need to change them.
I’d like you to use it as it is.
Because simplicity matters, direction is important, so please strictly follow only one principle of Dow Theory.
In this tool, in addition to the originally adopted signals, there is also an explaining manual for the Heikin-Ashi method.
The Heikin-Ashi method is turned into a signal by a calculation formula.
The signals enclosed by blue squares are the new signals.
The signals in red squares are the conventional signals.
They typically appear earlier than the conventional ones.
Therefore, in my main arena of gold on the 1-minute chart, they often capture several pips to several tens of pips more price movement than the conventional signals.
However, the number of false signals also tends to increase somewhat.
So the direction is reliable. (If you read the manual, you’ll be fine.)
Also, entering early means your stop loss can be smaller.
So please be thorough and resolute about that.