[October 3, 2023] Backtest using the Heaven and Earth indicators (Ojikana)
This time I would like to verify the post-article follow-up from the previous chart analysis regarding OJIKANA that was waiting for a short entry.It was a very easy-to-understand form, so I would like to share it. I will also introduce an excellent entry point on the 15-minute chart.
・This article mainly covers「Heaven and Earth Indicators」 chart analysis and backtesting.
・The most accurate within this tool「15-minute + 4-hour simultaneous monitoring method」is assumed in the construction contents.
・This tool is a groundbreaking trading tool that can be used even if you do not understand any of the so-called FX theories (Elliott Wave, Dow Theory, Granville's Law, cycle theory, price action, Fibonacci, support/resistance, channels, etc.).
Heaven and Earth Indicators are a trading method using my original indicator released in February 2022, developed by Abusan.
Thanks to everyone's support,「GogoJungle Award 2022 winners」
■ Heaven and Earth Indicators
https://www.gogojungle.co.jp/tools/indicators/35780
■ Heaven and Earth Mountain
https://www.gogojungle.co.jp/tools/indicators/37744
■ Heaven and Earth EA ~ Semi-Discretionary Auto Trading System ~
https://www.gogojungle.co.jp/tools/indicators/43213
■ Heaven and Earth Dashboard
https://www.gogojungle.co.jp/tools/indicators/46257
※Regarding the specialized terms used in this blog, please refer to the following “Names of parts of Heaven and Earth Indicator” and “Heaven and Earth Oscillator patterns.” If you have other questions, please refer to the Heaven and Earth Indicator sales page, and you should be able to understand most things. If you are already a user, reading the instruction manual should be enough. Already for users, reading the manual should be no problem, right.
Now, I would like to move on to the verification.
Thank you in advance!
※ All images enlarge when clicked.
OJIKANA15-minute + 4-hour Past Backtest (from October 2, 2023 to present)
※ Please also note the yellow vertical line. There is a yellow vertical line at the same place on the 15-minute chart as well. (Using LINK LINE))
■ 4-hour Chart (Environmental Recognition)
The current yellow vertical line on the chart is the place where I wrote in the previous article.The top of the image contains the article content at that time. The bottom is the current chart.As analyzed, right after that, the short signal lighted up, and Lime turned down, so I determined a bearish bias. I will switch to the 15-minute chart and aim for a short entry.
The current chart’syellow vertical line is the location where I judged a bearish bias on the 4-hour chart.The top of the image contains the article content at that time. The bottom is the current chart.Yellow circle marks the short entry point
Because the 4-hour chart has already been judged bearish, I will actively pursue short entries whenever there is even minimal evidence.Yellow circles are the three short entry trigger points: signal dot, oscillator TF1 downward cross (above zero line), valley signal. This is a basic trigger using oscillator TF2 as a filter.
■ If using Heaven and Earth EA (on 15-minute chart)
When Oscillator TF2 starts to fall from +80, set EA Pattern 1, and it will automatically enter short at the yellow dot and automatically take profit at the long signal. For details of Heaven and Earth EA, please refer to this article.
That’s all.
We hope this is helpful for everyone, even a little.