Utilization of “Visualization Indicators” (Part 166)
“Visualization Indicator” usage (part166)”
1. Further develop the “28 Currency Pairs List Indicator” into an indicator
“8CPVisualization Indicator” to plotCADJPY
“8CPVisualization Indicator” includesOceania version,London version,NewYork version,AnyCP version. This time, I used theOceania version.
The top half is EURAUD 15-minute chart. The bottom half is from the “8CP Visualization Indicator”, and the red thick line graph corresponds toEURAUD.
Sell at points where the graph group breaks down, and close at the bottom. Approximately140ips of profit was obtained.
If you use “TrendLine-EX”, you can automate entry and exit on diagonal trendline breaks. You can just leave it as is, enabling easy trading. “TrendLine-EX” is a semi-automatic EA that can do auto-sell on a break below the trendline and auto-close on a break above it.
2. Best Select Try the indicator
The figure below is a screenshot fromSeptember27, 19:31(JST) time.
This week, a PC that automatically saved the screen was malfunctioning, so most screenshots were not saved. After resetting on/27, saved images are shown.
Ranked in descending order by value. At the very top,AUDJPY is shown in blue across all timeframes. Also, the value is4019.58, a large positive number, indicating an uptrend in.
Now, let’s look at the AUDJPY chart.
The red arrows mark where the screenshot was taken. It doesn’t look like a clean point. If you leave the PC on, sometimes it stops due to a fault, so a check was necessary.PC remains on, so a check was needed.
The “28 Currency Pairs Best Select Indicator lets you easily identify which currency pair among 28 shows the strongest trend. It also tells you, numerically and by color, whether you should trade now. It’s an excellent indicator for judging all currency pairs at a glance.
“28 Currency Pairs Best Select Indicator”
https://www.gogojungle.co.jp/tools/indicators/35128
3. 2021 year555 monthto track the movement of
year month. track EURJPY movement.
To see the overall trend, a 30-minute chart covering about the last three weeks is drawn.
Last time I wrote the following.
EUR is horizontal to slightly downward,JPY is slightly upward. Going forward, is expected to slightly decline.
On Monday it declined somewhat, but then rose.
30 minutes currency strength chart.
Pink is, green isJPY. is slightly downward from horizontal, is upward. Going forward, is expected to decline as a vector, but since it is immediately after a sharp drop and sits above the support/resistance line, direction is to be watched.
4.
EA “AI One-Point Catch EURJPY”MT4/MT5） is malfunctioning, so anotherEA was developed. (Reposted: Gogojungle link available)
“AI One-Point Catch EURJPYAI to analyze the market,AI and 90% was developed into the “100 million+ EA”, but the latest forward test has been very poor. Therefore, a completely different logic was used to create a new EA with more direct potential profitability.
The new EA is named,“Swap TargetEA.” It already has a “Swap Target Indicator” for sale on Gogojungle, but this version is specialized for GBPJPY as EA. The number of entries is quite small (about 2 to 3 per month), but it focuses on times with a trend to buy, earning both spot FX gains and Swap profits.
※A sample backtest is shown.
＜Hundred-Million+EA＞
Currency PairGBPJPY-cd (Great Britain Pound vs Japanese Yen)
Period5 minutes(M5) 2012.01.03 15:20 - 2024.09.18 04:50
Model All ticks(the most accurate method using the smallest available timeframe)
Initial margin1,000,000.00
40
Net profit109,227,903.49
Profit factor1.45
Absolute drawdown325,007.22
Max drawdown15,074,260.89 (13.27%)
Total trades473
From 2012yearSwap gains of1,5331 hundred twenty-four million five hundred sixty thousand yen.This makes it a “Hundred-Million+ EA.”
＜Small Capital Case＞
Assuming capital of only￥10,000, a recent backtest was run from2024 January to August.
GBPJPY-cd (Great Britain Pound vs Japanese Yen)
Period5 minutes(M5) 2024.01.02 00:00 - 2024.08.30 23:45 (2024.01.01 - 2024.08.31)
Model All ticks(the most accurate method using the smallest available timeframe)
Initial margin10,000.00
Spread40
Net profit13,421.71
Profit factor2.04
Absolute drawdown323.11
Max drawdown6,047.52 (21.87%)
Total trades28
Win rate%) Win rate(%)18 (64.29%)
Net profit is, but adding gains of about1,366, the total profit is¥14,787. gains combined make the capital grow to (2.47×) over eight months. Moreover, absolute drawdown was only., a 64% win rate, suggesting a fairly safe and secure trade.
“Swap TargetEA
Note that the “Swap Target EA” is currently under review at Gogojungle.
Linkhttps://www.gogojungle.co.jp/systemtrade/fx/54473
5.
Use of the “Torretore Indicator”
We upgraded the “Torretore Indicator.” Added alert function and arrow display. Also added several usage examples. See the product page for details.
The “Torretore Indicator” is a versatile indicator that can be applied in many places.GBPAUD 1 minute chart was used to illustrate.
The bottom half is the “Torretore Indicator.” 15 minute chart shows a downtrend on the right shoulder. Pairs like and other pound-based pairs can be highly volatile and difficult to trade, but using the “Torretore Indicator” allows you to focus on optimal points.
To use the “Torretore Indicator,” concentrate only on the points where it captures. Since the market is in a downtrend, ignore blue arrows for buying. Only consider selling. Look for the point where the main line of the indicator moves close to zero and then reverses to red (or a red downward arrow appears). In the figure, that is the point encircled in white. If you enter a sale from this point, you can avoid unnecessary entries and catch a prime entry point. You can trade only the red oval-marked portion on the chart.
6.
Recommended indicators
“Torretore 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 following pages.
MT4 version https://www.gogojungle.co.jp/tools/indicators/39150
MT5 version https://www.gogojungle.co.jp/tools/indicators/39159
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