Utilization of the "Visualization Indicator" (Part 43)
"Visualization Indicator" utilization (its43)
1. Further evolve the "28 Currency Pair List Indicator" into an indicator
"8CP Visualization Indicator"to plotAUDCHF.
There are versions of the "8CP Visualization Indicator": Oceania,London version,New York version,AnyCP version. This time, we used the Oceania version.
The upper half is a 15-minute chart ofAUDCHF. The arrows indicate the alert positions of the "28 Currency Pair List Indicator". The lower half is the "8CP Visualization Indicator". The red-purple thick line chart corresponds toAUDCHF.
The alerts of the "28 Currency Pair List Indicator" tend to be late. The "8CP Visualization Indicator" shows entries to buy on Monday and to sell on Wednesday.AUDCHF buy yields about70 PIPS, sell yields about100 PIPS, totalingabout170 PIPS of profit.
2. Best Select Try the indicator
5Month21 day, screen displayed with the "28CP Best Select indicator."
[Total] sorted in descending order.
All the numbers in Total are not exceeding±2000. Also, the colors in each row are varied, and there is no clear strong trend for any particular currency pair.
In such cases, please strictly refrain from trading. Trading against the market environment will only reduce your funds.
Actually, I added a filter to the alerts of the "28CP Best Select indicator so that alerts only trigger when the Total value does not exceed±3500. Last week there were no alerts at all. I am currently considering what value to set for this filter.
3. What happened to EURJPY, which I have tracked sinceMay last year?
Since May, 2021, I have been tracking EURJPY's moves.
To see the overall trend, I have drawn about 3 weeks of the most recent 30-minute chart.
Last time I wrote the following.
There was a sharp drop on Thursday. The high from last October remains as resistance and has caused a rebound, so a break below this resistance zone would require energy.
A clean symmetrical triangle is forming (triangle formation). Now, will the breakout direction be up or down? Since it is expected to reach the triangle’s apex next week, you should wait for the breakout and then trade in the direction of the breakout.
【My listed items】
