Utilization of "Visualization Indicators" (Part 13)

Utilization of the "Visualization Indicators" (Part13)

"8CPVisualization Indicator"LondoneditionforGBPJPYischart)

The chart’s upper half shows GBPJPY15-minutechart, while the lower half displays the “Visualization Indicator”Londonedition.October2021dayFriday).

The orange thick line drawn by the “Visualization Indicator” corresponds to GBPJPY.GBPJPY.

In the morning,eight charts converge. After that, the orangeGBPJPY graph breaks to the highest level.

When it breaks upward, a buy entry— is made. With the “Visualization Indicator,” if the orange graph starts to fall, exit is made.

With just this,profits of about80 PIPSwere realized..

“8CPVisualization Indicator”basic procedure is

(1)wait for convergence

(2)entry in currency pairs that break through the chart cluster

enter in the direction of the breakout

That’s all.