[September 29, 2024] Backtesting using the De-sign method of the Sky and Earth indicators (Euro-Oji)
This time we would like to introduce an excellent short entry point for EurOxize (Yurooji). We will explain using the new method "Heaven and Earth Day Swing (ABUADX + ABUDMI)".
※From a September 2024 article, the explanation is based on the new method "Heaven and Earth Day Swing (ABUADX + ABUDMI)". This new method is a trading technique aiming for large price swings using the 4-hour and daily charts. As before, we primarily use the Heaven and Earth indicator, and additionally employ the new indicators ABUADX and ABUDMI, creating a highly precise trading system. Since the Heaven and Earth indicator system is the foundation, the fundamental trading approach does not change. Please first thoroughly read the Heaven and Earth indicator manual and master the basic usage. Furthermore read articles before August 2024 to fully understand the Heaven and Earth indicator. After that, the next step, "Heaven and Earth Day Swing," awaits.We are currently creating a manual for "Heaven and Earth Day Swing." It may take quite some time until it is announced. This is a system for intermediate to advanced users, so beginners should first master the Heaven and Earth indicator and prepare for the next step.
・This article focuses on backtesting and chart analysis using the“Heaven and Earth Indicator”.
・In this article, we use the Heaven and Earth Indicator along with ABUADX and ABUDMIto examine and discuss the method called “Heaven and Earth Day Swing.” For the basic trading method of the Heaven and Earth Indicator, please refer toarticles before August 2024.
・In the links below, we present valuable DMs, reviews, posts from users. We select winning reports and other useful content, so it should be helpful to everyone.
[Daily Updated] Actual user feedback (Review version) from those who used Heaven and Earth Indicator
[Daily Updated] Actual user feedback (DM version) from those who used Heaven and Earth Indicator
[Daily Updated] Search results for “#Heaven and Earth Indicator”
The Heaven and Earth Indicator is a trading method that uses an original indicator developed by me, Abusan, released in February 2022. Thanks to everyone's support,「GogoJungle Award 2022, 2023 won the award for two consecutive years.
■ Heaven and Earth Indicatorhttps://www.gogojungle.co.jp/tools/indicators/35780
■ Heaven and Earth Indicator [MT5 Version]https://www.gogojungle.co.jp/tools/indicators/47523
※ For the specialized terms used on this blog,please refer to the image below. (All images can be enlarged by clicking) If you have any other questions, please refer to the Heaven and Earth Indicatorsales page to understand most of it.
Now, I would like to move on to the verification.
Thank you in advance!
※All images can be enlarged by clicking.
EurOji 4-hour + Daily backtest
※Please note the yellow cross lines. There are yellow cross lines in the same location on both the 4-hour and daily charts.
There is a very good pattern, but one concern remains. That is the oscillator sign ⑤ appearing. Look at past charts where oscillator signs ⑤ and ⑥ have appeared. While highly advantageous, this sign also tends to mislead. The reason for the mislead is that Oscillator TF2 has reached -80. Will TF2 continue to decline and stay there, or will it reverse and rise? This decision can be made using ABUADX and ABUDMI. Please refer to the chart image below. It should be obvious.
■ 4-hour chart (left: entry chart)
・All-direction concordant signal ON
・Oscillator TF2 reaching -80 and continuing to fall
・Oscillator TF1 turning down from +80
・Oscillator sign ⑤ ON
・ABUADX located below -20
※ABUADX uses TimeFrame to set daily levels. Therefore, until the daily chart is confirmed, the levels may change. For example, if the price rose for the first four candles but collapsed on the fifth, the past four would also change to an upward form. However, unless there is a rapid rise or fall, the shape of ABUADX remains effective.
※ABUDMI is set to Current, so it is confirmed for each single candlestick. It also has an automatic support/resistance drawing function, making it a highly accurate entry tool.
■ Daily chart (Right side: final judgment chart)※Used as the final judgment material when entering on the 4-hour chart.
・Oscillator TF2 is declining
・Oscillator TF1 is declining
・Oscillator DX has crossed downward, and Distance is still widening
・ABUADX is declining
That is all for now.
The new method “Heaven and Earth Day Swing” has many details and precautions that have not yet been fully explained. I hope to discuss them in future articles.
I hope this is of some help to everyone.
If you could press the GOOD mark, it would be a boost for my motivation. I would appreciate your continued support for further improvement.