Utilization of the "Visual Indicator" (Part 274)

“Visualization Indicator” Utilization(Part274)

1. Further evolving the “28 Currency Pair List Indicator” into the indicator

“8CP Visualization Indicator”toEURJPY plotting

The “8CP Visualization Indicator”hasOceania version, London version, NewYork version, and AnyCP versions available.This time, the London version was used.

The upper half isEURJPYon a15-minute chart.The lower half is from the “8CP Visualization Indicator”.Andthe pinkthick linegraphcorresponds toEURJPY

On Thursday, the EURJPY graph broke downward out of the other group of graphs,so we opened a sell position.We closed at the day’s bottomfor about170pipsofprofit.

Currency Strength Graph

 Looking at the 15-minute currency strength graph,JPＹandEURare in an inverse correlation.JPYandEURare diverging and spreading apart—we only trade during those portions.JPY > EURso,when they divergesell EURJPY and that’s fine.Since they arein an inverse correlation, we target only those points for trades.

In FX, if you choose to trade the currency pair that is stretching the most and in an inverse correlation, results will naturally follow.

　“Target inverse correlation in currency strength!”is an FX iron rule.

If you use “TrendLine-EX”, you can automate entries and exits with diagonal trendline breaks.Since you can leave it as is,easy-going trading becomes possible.“TrendLine-EX”is a semi-automatic EA that can do automatic selling on a trendline break down,and automatic exit on a break up.

2. Best SelectTry using the indicator

Thefigure below is a screenshot from 2026/10/23 10:23(JST) .

　[Total]is sortedin descendingorder of values.At the verybottom,EURJPYis,on every timeframe,inredtone display colors. Totalvalueis-814.23andanegativenumber.This suggeststhatadowntrendis occurring in EURJPY.

Now,let’s look attheEURJPY chart.

　 The red arrow shows where the screenshot was taken.Itcapturesthe point where the chartfell. “28 Currency Pair Best Select Indicator”can,among the 28 currency pairs, easily identifywhich currency has the strongest trend,but it does not guarantee how things will unfold thereafter.It captures the“instantaneous maximum wind speed”of the trend,but if that happens to be the very bottom,whether the trend ends afterward or not needs to be checked on the chart—this is a good example

“28 Currency Pair Best Select Indicator”can,among the 28 currency pairs,easily identify which currency has the strongest trend.Also,“28 Currency Pair Divergence Comparison Indicator”will,among the 28 currency pairs,tell youwhich pair has the largest divergence.From all currency pairs, it is an excellent indicator that lets youdetermine at a glance which pair to trade.

“28 Currency Pair Best Select Indicator”

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

3. How has the movement of EURJPYsinceMay 2021 been??

SinceMay 2021, we have been trackingEURJPY’s movements.

To see the overall flow,about the last3 weeks are plotted on a30-minute chart

Last time,I wrote as follows.

　Pinkis EUR,greenis JPY.EURis slightly downward from horizontal, JPYis slightly upward, soEURJPYis expected to tilt slightly downward.







　On Mondayit rose about90 pips,but then it fell.

　　This is the 30-minute currency strength chart.




　Pinkis EUR,greenis JPY.EURistrending upandJPYis slightlytrending down, so going forwardEURJPYisexpected to have an upward bias.




　4. Tried using the new indicator Dual_MACD_Trend_Indicator




For the new indicator “Dual_MACD_Trend_Indicator,” see below.
MT4 version:https://www.gogojungle.co.jp/tools/indicators/62199

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

　This indicator clearly shows trend direction with colors.If the color bar isLime it’s buy, if Red it’s sell,making it easy to understand and use even for beginners.If the bars are green, it’s an uptrend,if red, it’s a downtrend,and if there’s no color, there’s no trend.With color display,you can grasp the trend state at a glance.

I installed this indicatoron theEURJPY1-hour chart.

　The red sell zones and thegreen buy zones areneatly separated,making it easy to trade at a glance.In the figure above,you just sell in the white ellipses within the red areas.The slope of the indicator’s long-termMACDis also informative.If the long-termMACDis sloping down, it’s sell,if sloping up from the right, it’s buy.

　With “Dual_MACD_Trend_Indicator”, you simply follow a basic rule: buy in green zones,sell in red zones,and do not trade otherwise.
Using“Dual_MACD_Trend_Indicator”means you’ll no longer be unsure about trade direction.
　Note,“Dual_MACD_Trend_Indicator”has been updated,with a two-tier bar display,and improvements to show the trend directions of the top2 higher timeframes with arrows.

5. “Trend_Color_MA_MTF”has beennewlyreleased

From the sales page
“Trend_Color_MA_Dual_MTF”was developed to transform your trading.This tool is more than a simple moving average.It visualizes trend direction with“color”,and the moment opportunity arrives,it alerts you with“sound”and“notification”—your personal assistant.

  As one example,on theEURJPY1-hour chart, the4-hour moving average was displayed simultaneously.

　The jagged, staircase-like lineis the4-hour moving average.Both the1-hour moving average and the4-hour moving averageare shown in blue tones during rises,and red tones during declines,sothe current chart’s trend direction andthehigher timeframe’s trend directioncan be judged at a glance by color.
　When the colors of the higher and current timeframes align in the same color family,trade sell if red tones,buy if blue tones.
　For a sell,when the1-hourMAisredanddeclining, the4-hourMAisorangeanddeclining—that’swhere you sell.

　In the figure above,focus on the area enclosed by the white rectangle and take sell trades.


　For details,please see the following link.

https://www.gogojungle.co.jp/tools/indicators/75985

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

“8C Currency Strength Visualization Indicator” can be foundon the following pages.

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

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

[My listed products]

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