Utilization of the "Visualization Indicator" (Part 163)
Utilization of the "Visualization Indicator" (its163)
1. Further evolve the "28 Currency Pair List Indicator" into an indicator
“8CPVisualization Indicator”that drawsCADJPY.
The “8CPVisualization Indicator” includesOceania version,London version,NewYork version,AnyCP version. This time, I used theNewYork version.
The upper half is a 15-minute chart ofCADJPY. The lower half shows the data from the “8CPVisualization Indicator”; the light blue thick line represents theCADJPY chart.
When the zero line is breached at a sharp angle or dips below other graph groups, that is a selling entry point. Holding until the weekend yielded around300pips of profit.
If you use “TrendLine-EX, you can automate entries and exits with diagonal trendline breaks. It allows you to leave positions as-is for easy trading. “TrendLine-EX is a semi-automatic EA that sells automatically on a trendline break and closes automatically on an upward breakout.
2. Best SelectTry the Indicator
The figure below is a screenshot taken on2024 year9 month6 day23:54 (JST) .
[Total]The numbers are arranged in descending order. The bottom row’sAUDJPY shows red across all timeframes. Moreover, theTotal value is-2592.73, a large negative figure. This indicates a strong downward trend for.
Now, let us look at theAUDJPY chart.
The red arrows mark where the screenshot was taken. It is a point where the chart suddenly drops. If you had engaged with “TrendLine-EX, you could have gained about120pips in profit.
The “28 Currency Pairs Best Select Indicator allows you to easily identify which currency among the 28 pairs is currently trending the most. It also tells you, with numbers and colors, whether now is a good time to trade. It is an excellent indicator for quickly assessing all currency pairs at a glance.
“28 Currency Pairs Best Select
https://www.gogojungle.co.jp/tools/indicators/35128
3. 2021 year5 monthto present movement how did it go?
We have been tracking EURJPY since year5 month 2021
To observe the overall trend, I’ve drawn about30 minutes of the most recent3 weeks on the chart.
Previously, I wrote the following.
JPY also both are moving downward. is declining more steeply than EUR, so going forward EURJPY is expected to trend slightly upward.
Monday rose as expected, but Tuesday onward it declined.
30-minute currency-strength chart.
Pink isEUR, green is.JPYEUR is almost flat, whileJPY is strongly rising. Consequently, the futureEURJPY is expected to decline further.
4.” (MT4/MT5) New EA “Single-Point Fishing EURJPY has begun selling.
“AISingle-Point Fishing EURJPY” usesAI to perform market analysis and is an “EA” that is 90% developed with AI. It targets only moments of high volatility without martingale or averaging down, like fishing in a vast sea.
In the latest forward test, the drawdown has increased. version shows121,551, MT4 version shows¥230,658 loss. This slightly exceeds the expected range. The winter may continue a bit longer, but if it worsens too much, I will consider stopping sales of the EA.If this EA cannot perform, I will develop another logic EA.
https://www.gogojungle.co.jp/systemtrade/fx/51292
https://www.gogojungle.co.jp/systemtrade/fx/51393
5.
Anecdotes on Development
I upgraded the “Tore-Tore Indicator.” Added alert function and arrows display. Also added several usage examples. For details, please see the product page.
Even with short-term 1-minute charts, it functions sufficiently well, so I am considering applying it to 1-minute binary options. It might be possible to create a binary options version of the “Tore-Tore Indicator.”
By paying attention to the arrows appearing, the color changes on the main chart, and the angle of the main chart, trading on a 1-minute chart can yield significant profits.
As I am still testing, I am currently validating only with USDJPY, but the results are as follows.
6.
Recommended Indicators
“Tore-Tore Indicator”
https://www.gogojungle.co.jp/tools/indicators/50115
“TrendLine-EX”
https://www.gogojungle.co.jp/tools/indicators/42257
“8Ccurrency strength visualization indicator” please refer to the page below.
MT4 version https://www.gogojungle.co.jp/tools/indicators/39150
MT5 version https://www.gogojungle.co.jp/tools/indicators/39159
【My listed products】
