Utilization of the "Visualization Indicator" (Part 170)
Utilization of the "Visualization Indicator" (part170)
1. Advance and develop the "28 Currency Pair List Indicator" into an Indicator
“8CPVisualization Indicator”to draw USDJPY
“8CPVisualization Indicator” includes version, version,. version, version. This time, theLondon version was used.
The top half is a 15-minute chart of USDJPY. The bottom half is from the “8 CP Visualization Indicator,” where the green line corresponds to USDJPY.
Buy at points where the chart group breaks upward, and exit at the peak. This week there were two opportunities: the first was100pips, the second was, for a total profit of about.
If you use “TrendLine-EX,” you can automate entries and exits with diagonal trendline breaks. You can simply leave it as is for easy trading. “TrendLine-EX” is a semi-automatic EA that can sell automatically when the trendline breaks downward and automatically exit when it breaks upward.
2. Best SelectIndicator trial
The following figure is a screenshot taken on2024 year 10 23
[Total]The numbers are arranged in descending order. At the top,AUDJPY shows blue on all timeframes. Moreover, the total value is3362.56, indicating a strong upward trend for AUDJPY. AUDJPY indicates an uptrend is occurring.
Now, let's look at the AUDJPY chart.
The red arrow marks the captured screenshot location. It captures a surge in the middle of an uptrend.
“28 currency pairs Best Select indicator” enables you to easily identify which currency among 28 pairs has the strongest ongoing trend. It also tells you whether you should trade now with numbers and colors. You can grasp the overall direction of all currency pairs at a glance.
“28 currency pairs Best Select indicator”
https://www.gogojungle.co.jp/tools/indicators/35128
3. 2021 year 5 month onward, how has EURJPY moved?
From year month movement is being tracked.
To view the overall trend, a 30-minute chart covering about the last 3 weeks is drawn.
Last time I wrote the following.
EUR and both trend upward, but climbs more steeply. Therefore, the future is expected to trend slightly downward.
Monday morning it dipped a bit, but then rose again.
30-minute currency strength chart.
Pink isEUR, green isEUR is downwards, is upwards, so EURJPY is expected to move downward.
4.
NewEA “Swap Target EA” (MT5 version) has started selling. (Repost)
“Swap Target” is a type of EA that buys only when there is a trend, to gain both foreign exchange profits and Swap profits. The number of entries is quite small (about 3 per month), so it took time to get through the approval, but the MT5 version passed the review. The MT4 version is not yet available, please wait a little longer.
This “Swap Target” is confident to meet your expectations as an EA.
It is an EA that allows traders with small capital to increase funds efficiently from a small amount. It opens only one long position.
The risk (loss ratio) can be set by the user, so conservative traders can set lower risk, while traders seeking higher returns even with some risk can expect corresponding returns. Depending on the settings, it can become an “evening of billions” EA.
※ A sample of backtesting is shown.
＜Billions-EA＞ 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 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
Since 2012 backtests, purely from FX profits, exceed 100 million. Additionally,Swap profits of million are added, totaling00,“Billions-EA”.
＜Case with a small amount of funds＞
Assuming funds of, we conducted a backtest for the latest period from year month to August.
GBPJPY-cd (Great Britain Pound vs Japanese Yen)
Period 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 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
Net Profit is, but with profits added of about. profits combined yield an amount of turning into times increases). Moreover, absolute drawdown is only., with a win rate, this is a fairly safe and secure trading scenario.
“ Target” advantages illustration.
Also, the MT4 version of “ Target” is currently under review at Gogojungle.
MT4 version: link
version: link
5.
Use of the “Totore Indicator”
We upgraded the “Totore Indicator.” Added alert functionality and arrow display. Also added several usage examples. Please see the product page for details.
The “Totore Indicator” is a versatile indicator that can be used in various contexts.USDJPY hourly chart integration attempt.
The bottom half is the “Totore Indicator.” The USDJPY chart shows a trend reversal from a downtrend to an uptrend. In the downtrend portion, the main line turns red; in the uptrend portion, it turns blue, so there is no ambiguity for selling/buying decisions. If you’ve installed the “Totore Indicator,” you will know exactly when to buy and when not to trade. In the above figure, the buy position is the area encircled in white. Trading should not occur in other areas.
Near turning points where the trend shifts from down to up, the lower wicks trigger red arrows. This reaction from the indicator is normal. If you place a buy position following the arrows, the next “?” signal will trigger a stop loss. Stop losses should be executed quickly to minimize losses, and by continuing in the rising trend portion to gain profits larger than the stop loss, your assets will grow.
USDJPY continues an upward trend with a rising slope, so you should keep a buy position until the upward trend line is broken. If you had bought at the white-encircled point, you would currently be in a state of over1000pips of unrealized gains, with more room to move higher, a highly ideal scenario.
6.
Recommended indicators
“Totore Indicator”
“”
“currency strength visualization indicator”, please refer to the following pages.
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