[Broadcast] 2020_12_10 GogoJungle Indicator LIVE Average win rate 62%! The Market Wizard Hisashi Okumura's "Twilight Zone"
【GogoJungle featured indicator is currently live!】The market magician familiar from GogoJungle's seriesMr. Hisashi Okumura's indicator 'Twilight Zone'It is. https://www.gogojungle.co.jp/re/Bg2rWT7THEwWsY6
Based on over 30 years of data, developed using financial engineering and cutting-edge AI, this is an original indicator. The usage is simple: Twilight Zone is displayed on the chart, so at the moment price breaks out of this zone, enter in the breakout direction as a trend-following entry.
It is similar to Bollinger Bands, but Twilight Zone uses risk and return to analyze the chart and draw lines, so it is similar but different.
Moreover, we have added several improvements by learning from the shortcomings of Bollinger Bands.
First, the signals for trend-following are easy to understand during sharp price declines or surges.
Twilight Zone is displayed as parallel lines, unlike Bollinger Bands whose bands move with price fluctuations, making breakpoints very easy to see, allowing beginners to visually identify entry points.
Second, the frequency of signals is higher.
As above, Bollinger Bands move up and down and do not yield signals for small trends, but Twilight Zone's parallel lines ensure small signals are not missed.
Therefore, compared to Bollinger Bands' trend-following methods, there are more entry opportunities.
Twilight Zone Rules
Enter in the breakout direction at the moment the parallel line is broken
Crossed the red line... long entry
Crossed the blue line... short entry
The zone lasts for eight bars, so on a 15-minute chart, close the position within 2 hours from the start of the zone
Basically, consider one zone as a unit, and take profit or cut loss by the time the zone ends.
For example, on a 15-minute chart, you may hold a position for up to 2 hours.
Regarding profit, check the width of the entered zone, and aim for profit of at least half of that width.
For example, if the zone width is 20 pips, 10 pips or more is a guideline for take profit.
In addition, on Twilight Zone's purchaser-only site, you can learn detailed explanations of trading methods, including FX trading basics and MT4 setup.
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