[February 14, 2024] Backtest using the Heaven and Earth Indicator (EUR/OZ)
This time we will validate Eur-objc? (ユロオジ). This time as well, we will introduce entry points when using EA Pattern ⑦ (Trade Pattern ③ Reverse Version). Since yesterday's CPI caused quite a market shake, we selected currency pairs that are less affected for the validation.
・This article mainly features past verifications using「Heaven and Earth Indicator」.
・The content is based on the configuration that assumes using the most accurate「15-minute chart + 4-hour chart simultaneous monitoring method」.
・This tool is a revolutionary trading tool that can be used without understanding any of the so-called FX theories (Elliott Wave, Dow Theory, Grand's Law, cycle theory, price action, Fibonacci, support/resistance, channels, etc.).
・In the articles linked below we feature valuable DMs from users. We curate winning reports and other useful messages, so I’m sure they will be helpful to everyone.
【Updated Daily】Feedback from users who actually used Heaven and Earth Indicator (DM edition)
【February 4, 2024】 Search results: “Heaven and Earth Indicator”
Heaven and Earth Indicator is a trading method using my original indicator, which I, Abusan, released in February 2022. Thanks to everyone's support, we won「GogoJungle Award 2022, 2023」 for two consecutive years.
■ Heaven and Earth Indicator
https://www.gogojungle.co.jp/tools/indicators/35780
■ Heaven and Earth Indicator 【MT5 Version】
https://www.gogojungle.co.jp/tools/indicators/47523
■ Heaven and Earth Mountain
https://www.gogojungle.co.jp/tools/indicators/37744
■ Heaven and Earth EA ~ Semi-Automated Trading System ~
https://www.gogojungle.co.jp/tools/indicators/43213
■ Heaven and Earth Dashboard
https://www.gogojungle.co.jp/tools/indicators/46257
※For the specialized terms used in this blog, please refer to the following “names of the parts of Heaven and Earth Indicator” and “patterns of Heaven and Earth Oscillator”. If you have any other questions, please refer to the Heaven and Earth Indicator sales page for a basic understanding. Users can read the manual without issue. Please refer to the terms for other questions. Also, if you are already a user, reading the user manual should suffice.
Now, we will start the verification.
Thank you in advance!
※ All images can be enlarged by clicking.
Euro-OJI15-minute + 4-hour Past Verification(February 13, 2024 ~February 14)
※ Please look at the yellow vertical line. There is a yellow vertical line at the 15-minute chart as well. (Using the LINK LINE)
■ 4-hour Chart (Environmental recognition)
The left vertical line marks where we judge the uptrend. The right vertical line marks where we reset the uptrend.
Since there is no long-entry sign at the recent low, I changed the point level to 1.0. Then the overall fit was perfect, so I will look for evidence from there. Some users may be unsure how to set the point level, but this method is perfectly fine. We search for levels appropriate to the current market.
Oscillator TF2 is rising (since it started rising later, it isn't a perfect shape), histogram all blue, trough, and long-entry signal, which led me to judge an uptrend.
The left vertical line marks the place where we judge an uptrend on the 4-hour chart. The right vertical line marks where we reset the uptrend on the 4-hour chart.
Yellow circle is the short-entry point. Green circle is the exit point. The 15-minute chart is also set to point level 1.0, so we will aim for small profits. However, just because the 4-hour point level is 1.0 does not mean the 15-minute chart must be the same. This was just a coincidence.
We will use EA Pattern ⑦. When we judge an uptrend on the 4-hour chart, we set it on the 15-minute chart. Set the point level to 1.0 (parameters as in the following image). Unlike other EA patterns, there is no need to wait for a color change on Oscillator TF2. For example, in this case, when uptrend is judged, you can set EA Pattern ⑦ even if TF2 is magenta. It will operate from there without stopping even if TF2 changes to lime.
There are many other parameter settings you can use. If used correctly, this EA tool can be described as the strongest ever, so master it well and make it yours. After mastering, explore your own original usage method as well. It is an EA with great flexibility.
That’s all.
We hope this at least provides some guidance for everyone.