【Dollar/Yen/Euro/Yen/Pound/Yen】Market analysis for Thursday, April 9, 2020
【Dollar/Yen/Euro/Dollar/ Pound Yen】Market Analysis for Thursday, April 9, 2020
Good morning, everyone! This is Yururi mo Yururi.
Thank you very much for visiting this blog.
Market analysis for Thursday, April 9, 2020has been updated on the blog.
The three currency pairs: Dollar/Yen, Euro/Dollar, and Pound/Yenare described.
Please take a look!
<<【Dollar/Yen/Euro/Dollar/Pound/Yen】Market Analysis for Thursday, April 9, 2020>>
We have started selling a new indicator series “Koropokkuru - Angle is King Series”!
An indicator that displays signals with a focus on the angles of MACD and OsMA.
Standard Version, Early Version are available.
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We have published backtest results of the indicators.
We also publish information for other currency pairs and timeframes, so please refer to it.
<<Koropokkuru - Angle is King Series— Standard Version Early Version Backtest Results>>
We have also written about this week's market analysis on the blog. If you haven't read it yet, please take a look.
<<【Dollar/Yen/Euro/Dollar/Pound/Yen】Market Analysis for April 6–April 10, 2020>>
【Backtest of Koropokkuru Series Indicator】
This is a video of backtesting the indicator for last week (March 23–27, 2020).
This is the hourly chart used in the blog's daily chart analysis. The two points to watch are below.1. The horizontal lines automatically displayed by the indicator function as support/resistance
⇒ Thick orange line (weekly basis period 260… 5 years), purple dashed line (daily basis period 520… 2 years)
2. Moving averages optimized for the hourly chart are often in use
⇒ Especially the short-term line (period 24… 1 day) and the long-term line (period 480… 1 month)
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・You introduced moving averages but don’t know the best values to set in parameters—especially the “period.”
・You introduced too many moving averages and don’t know what’s correct… you want to reset the overuse!
・Different sites use 1, 5, or other numbers of moving averages—how many are correct?
・You tried implementing moving averages in your own way and are unsure if it’s correct.
This indicator solves all of those worries!
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【Finally】
Thank you for reading this blog until the end!
We hope it helps with your asset management.