Utilization of "Visualization Indicator" (Part 74)
“Visualization Indicator” usage (part74)”
1. evolve and develop the “28 Currency Pair List Indicator” into an indicator
“8CPVisualization Indicator”to plotAUDJPY.
The “8CPVisualization Indicator” includesOceania version,London version,NewYork version,AnyCP version. This time, theOceania version was used.
The upper half is theAUDJPY 15-minute chart. The red arrows in the upper half indicate the alert positions from the “28 Currency Pair List Indicator”. The lower half is from the “8CPVisualization Indicator”. The green graph corresponds toAUDJPY.
AUDJPY chart was sold when it broke below the other charts, and the trade was closed when the AUDJPY chart stopped falling.Approximately180 pips of profit.
2. Best Select Indicator to try
Last week, due to server errors, automatic screenshots of the indicator could not be captured. Instead, weekend screenshots are provided.
The figure below is a weekend screenshot of2022 year12 month23 day weekend.
Since it is weekend, there were no pronounced trends. In such market conditions, the best action is not to trade.
3. What happened to EURJPY, which has been tracked sinceMay 2020?
Since May 2021, we have been tracking EURJPY’s movement.
To view the overall trend, a30-minute chart shows roughly the past3 weeks.
Last time, it was written as follows.
JPY climbs upward,EUR also moves upward but is is expected to trend slightly downward. weaker than JPY.EURJPY is expected to trend slightly downward.EURJPY
12月20
4Refer to the currency strength chart on the hourly time frame.
12月20日 BOJ policy announcement caused JPY to spike upward. Pink isEUR, green isJPYJPY will revert, so EURJPY is expected to rise.
4. Which currency pair was most affected by the BOJ announcement?
The figure below shows the currency strength graph on the four-hour time frame.
From the BOJ announcement on12月20日, the currency strength of JPY became flat. By12月22日, how each currency pair moved is shown. Among the currencies that moved downward, notable areNZDGBP.
As currency pairs,NZDJPY447pips,GBPJPY dropped by776pips.
Numerically comparing,GBPJPY was the most affected currency pair, but fell from to, fell from
NZDJPY 447 ÷ 87 = 5.138
GBPJPY 776 ÷ 166.7 = 4.655
In relative terms, was the most affected currency pair.
If you are interested in the “8C” currency strength visualization indicator, please refer to the following page.
MT4 version https://www.gogojungle.co.jp/tools/indicators/39150
MT5 version https://www.gogojungle.co.jp/tools/indicators/39159
【My items for sale】
