Usage of the "Visualization Indicator" (Part 169)
“Visualization Indicator” usage (Part169)
1. Further develop the “28 Currency Pairs List Indicator” into an indicator
“8CPVisualization Indicator” forGBPNZD drawing
The “8CPVisualization Indicator” has versions forOceania,London,NewYork,AnyCP version. This time, I used theAnyCP version.
The top half is theGBPNZD 15-minute chart. The bottom half is from the “8CP visualization indicator,” where the green line corresponds toGBPNZD.
Buy at points where the chart group breaks upward, and sell at the peaks. About120pips of profit was earned.
If you use “TrendLine-EX, you can automate entries and exits when breaking diagonal trend lines. You can simply leave it as is, enabling easy trading. “TrendLine-EX is a semi-automatic EA that can automatically sell on breaking below a trend line and automatically settle on breaking above a trend line.
2. Best Select Indicator trial
The figure below is a screenshot dated2024 year10 month18 day01:08 (JST )
[Total] Values are sorted in descending order. The top entry,USDJPY, shows blue color across all timeframes. Moreover, the Total value is3044.03, indicating a large positive figure.USDJPY shows an upward trend.
Now, let’s look at the USDJPY chart.
The red arrows indicate where the screenshot was taken. It captures a sharp rise in the middle of an uptrend.
“28 Currency Pair Best Select
“28 Currency Pair Best Select Indicator”
https://www.gogojungle.co.jp/tools/indicators/35128
3. 2021 Year5 month has tracked EURJPY movement?
2021 year month started tracking EURJPY movement.
To view the overall trend, a30-minute chart showing the latest about3 weeks is drawn.
Previously, I wrote the following.
EUR andJPY are both slightly downward from a horizontal level. In comparison,JPY seems slightly more downward. Going forward,EURJPY is expected to show a weak upward trend.
Almost as predicted. Overall, it looks like it’s being capped.
30-minute currency strength chart.
Pink isEUR, green isJPY.EUR andJPY are both rising, butJPY is rising more steeply. Therefore, future
4.
New EA “Swap Target” (MT5 version) has started selling.
“Swap Target EA” is an EA that buys only when there is a trend, to gain both foreign exchange gains andSwap profits. The number of entries is quite small (about3 times), so the review took some time, butMT5 version has passed. The version has not yet, so please wait a little longer.
This “Swap Target EA is confident to meet your expectations.
Even traders with small capital can grow their funds efficiently with this EA. It opens only one buy position. The risk (loss ratio) can be adjusted by the user, so conservative traders can reduce risk, while traders aiming for higher returns despite risk can expect corresponding returns from this EA. Depending on settings, it can even become an “nine-figure EA.”
※ An example of backtesting is shown.
＜Nine-Figure 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 time frame available)
Initial margin\1,000,000
Spread40
Net profit\109,227,903.49
Profit factor1.45
Absolute drawdown\32,5007.22
Maximum drawdown\15,074,260.89 (13.27%)
Total trades473
From 2012 year, backtests show a profit exceeding 100 million yen solely from exchange gains. AddingSwap gains of1,533 ten thousand yen yields a total net profit of100,000,000 yen. This is now a“nine-figure EA”.
＜Small-capital case＞
Assuming funds of\10,000, a recent backtest from2024 year January GBPJPY-cd
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 time frame available)
Initial margin\10,000
Spread40
Net profit\13,421.71
Profit factor2.04
Absolute drawdown\323.11
Maximum drawdown\6,047.52 (21.87%)
Total trades28
Buy positions Win rate
Net profit is\13,421, but addingSwap gains of about1,366 yields total profit of\14,787.Swap gains combined with capital\10,000 increases to (2.47times). Moreover, absolute drawdown is only\323., with a 64% win rate, indicating a fairly safe and reliable trading result.
“Swap Target EA” visual of advantages.
Note: The MT4 version of the “Swap Target EA” is currently under review at Gogojungle.
MT4 version: link site
https://www.gogojungle.co.jp/systemtrade/fx/54473
version: link sitehttps://www.gogojungle.co.jp/systemtrade/fx/54704
5.
Utilizing the “Toretore Indicator”
The “Toretore Indicator” has been upgraded. Alerts and arrows have been added. A few usage examples have been added as well. Please see the product page for details.
The “Toretore Indicator” is a versatile indicator that can be used in many contexts. I have installed it on a GBPCAD 15-minute chart.
The lower half shows the “Toretore Indicator.” On the GBPCAD chart, there are up, down, and up movements. With the “Toretore Indicator” installed, it clearly displays whether it is a buy or sell at a glance. The entry point is where the main line of the indicator approaches the zero line and reverses upward. Do not enter at other points. Also, during an uptrend, pink V-shaped points indicate a pullback buying opportunity, which is when you buy.
Otherwise, do not trade at other points. By using the “Toretore Indicator,” you can conduct selectively and precisely timed trades.
6.
Recommended indicators
“Toretore Indicator”
https://www.gogojungle.co.jp/tools/indicators/50115
“”
https://www.gogojungle.co.jp/tools/indicators/42257
“8C Currency 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
【My listed products】
