Utilization of the "Visualization Indicator" (Part 37)
Use of the “Visualization Indicator” (Part37)
1. Further develop the “28 Currency Pair List Indicator” into an indicator
“8 CP Visualization Indicator” for drawing EURAUD onEURAUD chart
“8 CP Visualization Indicator” includesOceania version,London version,NewYork version,AnyCP version. This time, we used theOceania version.
The upper half is theEURAUD 15-minute chart.
The red arrows indicate the alert positions of the “28 Currency Pair List Indicator”.
The lower half is the “8 CP Visualization Indicator.” The graph in red bold lines corresponds toEURAUD.
The alerts from the “28 Currency Pair List Indicator” appear much later than the alerts from the “8 CP Visualization Indicator.” By using the “8 CP Visualization Indicator,” you could gain about of profit.
2. Best Select Try the indicator
4 On the 8th of the month16:57, the screen displayed with the “28CP Best Select indicator.
[M5] sorts in descending order. The top row’sEURNZD value is displayed in light blue on the timeframes[M5][M15][M30][H1][H4]. [D1] is negative, so even in [Total] it’s slightly negative, but after all, the strongest light-blue display from[M5] to[H4] is on, so I think it’s fine to buy. However, since it’s the weekend, I will take profits conservatively.
Now,EURNZD’s15 minute chart, please.
[EURNZD]
The red arrows indicate the position where I captured a screenshot of the “28CP Best Select indicator.” It’s a weekend settlement with about90PIPS profit.
If you use the “28CP Best Select indicator, currency pairs can instantly determine which is the strongest uptrend and which is in the strongest downtrend.
3. What happened to EURJPY, which I have tracked since May last year?
Since May 2021, I have been tracking the movement of EURJPY.
To view the overall trend, I have drawn about the last 3 weeks in a 30-minute chart.
Last time, I wrote the following:
With the price capped at the top and the high price’s downtrend, the moving average line(200SMA) has also flattened. From now on, the plan is to target a sell on retracements. Let’s go for the drop solidly.
As expected, the price is capped at the top again. The moving average line(200SMA) has also flattened horizontally. Draw a channel line or a horizontal line, approach the upper line, and when it reverses, trade with a “sell.”
【My items for sale】
