Utilization of the "Visualization Indicator" (Part 153)
Usage of the visualization indicator (part153)
1. Further evolve the “28 Currency Pairs List Indicator” into an indicator
“8CPVisualization Indicator”to drawAUDCHF.
The “8CPVisualization Indicator” includesOceania version,LondonNewYorkAnyCPOceania version.
The top half is the 15-minute chart ofAUDCHF. The bottom half is from the “8CPVisualization Indicator”; the red-purple thick line graph corresponds toAUDCHF.
The graph ofAUDCHF shows an entry when it breaks above other graphs. The exit is when the graph of peaks. On Wednesday and Friday, profits were about35pips and about20pips, totaling.
If you use “TrendLine-EX”, you can automate entries and exits by diagonal trendline breaks. You can just leave it as is for easy trading. “TrendLine-EX” is a semi-automatic EA that can short automatically when the trendline is broken below, and automatically close when the trendline is broken above.
2. Best SelectTry the indicator
The figure below is a screenshot dated2024 year6 month26 day11:13
[Total] The numbers are sorted in descending order. The top row,AUDJPY, displays a blue color across all timeframes. Moreover, the total value is 1424.90, a positive number.AUDJPY indicates an upward trend is occurring.
Now, let’s look at the chart ofAUDJPY.
The red arrows mark where the screenshot was taken. They capture the sharp rise.
“28 currency pairsBest Select indicator shows28 currency pairs, helping you easily identify which currency is currently showing the strongest trend. It also tells you, with numbers and colors, whether you should trade now. It’s a superb indicator for judging the overall movement of all currency pairs at a glance.
“28 currency pairsBest Select indicator”
https://www.gogojungle.co.jp/tools/indicators/35128
3. 2021 year5 month onward the movement ofEURJPY has been tracked, what happened?
Since20215
To see the overall trend, a30-minute chart covering the most recent about3 weeks is drawn.
Last time I wrote the following.
JPY is the lowest in position, and its direction is downward, whileEUR is upward. Going forward,EURJPY is expected to rise further.
As predicted, it rose steadily.
30-minute currency strength chart.
Pink showsEUR, green showsJPY.JPY is at the lowest position with a downward direction, whileEUR is slightly upward. In the near term, is expected to continue rising.
4. New EA “AI Single-Pick EURJPYMT4/MT5) has begun sales.
“AI Single-Pick EURJPY” usesAI to perform market analysis, andAI designed 90% of it as an “unicorn” EAEA. Without averaging down or martingale, it targets only high-volatility moments, aiming to capture profits from the vast sea of the market as if “single-pick fishing.”
In the most recent, drawdowns are still larger, but we expect it to turn positive in the future. For now, persistence is required.forward test
https://www.gogojungle.co.jp/systemtrade/fx/51292
https://www.gogojungle.co.jp/systemtrade/fx/51393
5.
Recommended Indicator
“TrendLine-EX”
https://www.gogojungle.co.jp/tools/indicators/42257
“8C Currency Strength Visualization Indicator
MT4 version https://www.gogojungle.co.jp/tools/indicators/39150
MT5 version https://www.gogojungle.co.jp/tools/indicators/39159
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