"Matchless under Heaven" Synchro System Practical Edition 19: A new ally joins, MIDAS VWAP added as a bonus.
Introduction ・ Special Interview Video
We introduced it from Gogojan as a video interview.
If you haven't watched it yet, please take a look at least once.
Episode 1
https://www.gogojungle.co.jp/info/22070
Episode 2
https://www.gogojungle.co.jp/info/22078
Episode 3
https://www.gogojungle.co.jp/info/22089
※Due to the addition of a new indicator,we have changed the password to respect the original concept of “existing users only.”.
If you're interested, please contact us via DM.
“Tenka Musou” Synchronization System・Configuration
■ Indicator configuration and priority
Indicators are comprised of the followingMain three, sub2 totaling five indicators.
Main/Please show and understand these three first. They work best in combination.
① MAX Oscillator:A newly developed oscillator.
② :Color bands in the oscillator window
Direction of price movement, strength, hold-off recommended state・MTF alignmentVisualizes.
③ :Color board.
Displays the state of synchronized bands across multiple currencies and timeframes at once.
Sub:①②③ are familiarized, confirm that you can win with ①②③ alone, and use as support
④ :Arrow sign.
Draws upward and downward signs, temporary disablement of signs, and divergences.Useful for reinforcing rationale and raising awareness。(Originally this was the main one.
⑤ MK Channel:A winding band on the main chart.
Essentially a price range measuring instrument, measuring range,MAdeviations, trapping on highs, suppression of sharp selling, take-profit targets, etc.
The order in which to read the manual is also proceed with ①②③,, display only ①②③,
After that, incorporate ④ and ⑤, and select what is necessary or unnecessary.
■ Sub-indicators added on 2024-08-31
6️⃣ MIDAS VWAP
※
In addition to possessing its own resistance function, Fibonacci, horizontal lines, important MA, MK channel, etc.
Please use as a supplement to other resistances.
Feedback from existing users is mostly like the following.
User reviews
■ Please check the list of previous articles from the link below.
https://www.gogojungle.co.jp/finance/navi/series/1745
※The following are recommended use cases for day trading, scalping, and swing trading.
■ This article content: New indicator addition・MIDAS VWAP
In addition to the above five indicator systems, on 2024-08-31, we added MIDAS VWAP as an indicator to the system. The description article is below.
■ What is VWAP?
VWAP stands for Volume Weighted Average Price, pronounced “V-WAP.” It is the volume-weighted average price, and today it is used in trading stocks and many other investment products, mainly by institutional investors as a technical indicator.
Below are three main functions.
① Infer market participants’ bullish/bearish sentiment
② Use as resistance and support lines
③ Use as a benchmark for brokers’ buying/selling
Regarding ③, it is known as VWAP trading; please refer to explanations on various brokerage sites for details.
(External links are prohibited here, please understand)
■ What is MIDAS VWAP?
A VWAP proposed by Dr. Paul Levine, a physicist and technical analyst, adopted by the MIDAS analytical system.
(Named after King Midas from Greek myth; famously has donkey ears)
Normally VWAP is built from the session's open and close, but Dr. Paul Levine argued that important highs and lows that indicate trend reversals should be the starting point.
Below in the screenshots, the red and green lines: BTCUSD latest 4-hour chart
■ Practical usage
There are sites that provide detailed explanations, but after a month of testing, I found the following usage to be preferable.
① It can itself act as resistance, but if it overshoots, it tends to extend.
The green line on the left acts as resistance,but the line on the right first acts as resistance twice, then overshoots. You can see it then extending.② When overlapped with other resistances, it tends to function as resistance and support.In the above screenshot, item ① is a fib 61.2 grip coinciding with previous day high/low.In the following screenshots, the yellow circle on the right indicates coincidence with the 4-hour EMA20.In the following screenshot, the right yellow circle indicates 4-hour MK channel deviation 3x and coincidence■ Cautions① Do not assume it will surely reach or reverse.There are cases where it does not reach and reverses, or overshoots.If it reaches, consider watching what happens next.② Even if it reacts once, it does not always reverse.The right line ① overshoots after twice acting as resistance. You can see it then extends.■ Summary of usage and cautions① It can itself act as resistance, but when it overshoots, it tends to extend.② When overlapped with other resistances, it tends to function as a resistance line and support line.Notes1 Do not assume it will surely reach or reverse.2 Even if it reacts once, it does not always reverse.Please be mindful and use it to further improve your trading results.■ About the Treview versionIndicators with identical functions are available as standard indicators, but※ The market today is operated by cutting-edge AI developed with large sums of money and by genius engineers.Let us not think lightly, but learn humbly through repeated study and grow!Tenka Musou Series: About Analysis Tools■ From user DMs※ For details on the Tenka Musou Synchronization System, please see below“Tenka Musou” Synchronization Systemhttps://www.gogojungle.co.jp/tools/indicators/50319Treasure Version・Ultimate Synchronization Systemhttps://www.gogojungle.co.jp/tools/ebooks/50353※ Some systems’ indicators are also available as a one-time purchase.■ MAX Oscillator・MT4/5 versionhttps://www.gogojungle.co.jp/tools/indicators/50340■ Likewise・Treasure versionhttps://www.gogojungle.co.jp/tools/ebooks/50353■ Ultimate Synchron Bandhttps://www.gogojungle.co.jp/tools/indicators/42606
② When overlapped with other resistances, it tends to function as resistance and support.
In the above screenshot, item ① is a fib 61.2 grip coinciding with previous day high/low.
In the following screenshots, the yellow circle on the right indicates coincidence with the 4-hour EMA20.
In the following screenshot, the right yellow circle indicates 4-hour MK channel deviation 3x and coincidence
■ Cautions
① Do not assume it will surely reach or reverse.
There are cases where it does not reach and reverses, or overshoots.
If it reaches, consider watching what happens next.
② Even if it reacts once, it does not always reverse.
The right line ① overshoots after twice acting as resistance. You can see it then extends.
■ Summary of usage and cautions
① It can itself act as resistance, but when it overshoots, it tends to extend.
② When overlapped with other resistances, it tends to function as a resistance line and support line.
1 Do not assume it will surely reach or reverse.
2 Even if it reacts once, it does not always reverse.
Please be mindful and use it to further improve your trading results.
■ About the Treview version
Indicators with identical functions are available as standard indicators, but
※ The market today is operated by cutting-edge AI developed with large sums of money and by genius engineers.Let us not think lightly, but learn humbly through repeated study and grow!Tenka Musou Series: About Analysis Tools■ From user DMs※ For details on the Tenka Musou Synchronization System, please see below“Tenka Musou” Synchronization Systemhttps://www.gogojungle.co.jp/tools/indicators/50319Treasure Version・Ultimate Synchronization Systemhttps://www.gogojungle.co.jp/tools/ebooks/50353※ Some systems’ indicators are also available as a one-time purchase.■ MAX Oscillator・MT4/5 versionhttps://www.gogojungle.co.jp/tools/indicators/50340■ Likewise・Treasure versionhttps://www.gogojungle.co.jp/tools/ebooks/50353■ Ultimate Synchron Bandhttps://www.gogojungle.co.jp/tools/indicators/42606
Let us not think lightly, but learn humbly through repeated study and grow!
Tenka Musou Series: About Analysis Tools
■ From user DMs
※ For details on the Tenka Musou Synchronization System, please see below
“Tenka Musou” Synchronization System
https://www.gogojungle.co.jp/tools/indicators/50319
Treasure Version・Ultimate Synchronization System
https://www.gogojungle.co.jp/tools/ebooks/50353
※ Some systems’ indicators are also available as a one-time purchase.
■ MAX Oscillator・MT4/5 version
https://www.gogojungle.co.jp/tools/indicators/50340
■ Likewise・Treasure version
https://www.gogojungle.co.jp/tools/ebooks/50353
■ Ultimate Synchron Band
https://www.gogojungle.co.jp/tools/indicators/42606