Utilization of the "Visualization Indicator" (Part 172)
Usage of “Visualization Indicator” (part172)
1. Further develop the “28 Currency Pair List Indicator” into a visualization indicator
“8CPVisualization Indicator”forEURUSDchart
The “8CPVisualization Indicator” includesOceania version,London version,NewYork version,AnyCP version. This time, we used theLondon version.
The top half is an EURUSD 15-minute chart. The bottom half is from the “8CP Visualization Indicator”; the light blue thick line corresponds toEURUSD. are downward, but EUR
We sell at points where the chart group breaks below and close at the bottom. Profit of about150pips was earned.
If you use “TrendLine-EX”, you can automate entries and exits on diagonal trendline breaks. Since you can leave it as is, easy trading becomes possible. “TrendLine-EX” is a semi-automatic EA that executes automatic selling on trendline break below and automatic closing on break above the trendline.
2. Best SelectTry the indicator
The following diagram is a screenshot from2024 year11 month06 day11:09 (JST)
[Total] sorted in descending order. At the very top,USDJPY is green-blue across all timeframes. Moreover value is3731.23, a large positive number. This indicates an uptrend in USDJPY.
Now, let’s look at the USDJPY chart.
The red arrow marks the screenshot point. It captures a surge in the middle of an uptrend.
“28 Currency Pairs Best Select allows you to easily identify which currency among 28 pairs is exhibiting the most pronounced trend. It also tells you, with numbers and colors, whether you should trade now. It is an excellent indicator for assessing all currency pairs at a glance.
“28 Currency Pairs Best Select indicator”
https://www.gogojungle.co.jp/tools/indicators/35128
3. 2021 year5 month to watchEURJPY movement
2021 year5 month fromEURJPY
To see the overall trend, we draw about30 minutes of the latest around3 weeks.
Last time, we wrote as follows.
Both EUR andJPY EUR is steep, soEURJPY seems to head a bit lower.
As predicted, it formed a range with resistance and then declined.
30 minutes currency strength chart.
Pink isEUR, green isJPY. is downward, is upward, so is expected to continue dropping for a while.
4.
NewEA “Swap TargetEA” (MT5 version,MT4 version) has been upgraded.
“Swap TargetEA” is a type of EA that buys only when there is a trend, aiming to gain both the forex difference and swap profit, and then release.
“Swap TargetEA had bugs, so it was fixed. Currently, both MT5 version, and MT4 version have been upgraded to Ver2.00. Accordingly, all backtest data and images have been corrected.MT4 version is still under review, please wait a little longer.
MT4 version is still under review, please wait a little longer.
“Swap TargetEA” is a trader-friendly EA that allows small capital to increase efficiently. It opens only one buy position.The risk (loss ratio) can be adjusted by the user, so conservative traders can reduce risk, while those who seek larger returns even with risk can expect reasonable returns. This EA can even become a “billion-yen EA” depending on settings..
This “Swap TargetEA” is confident to be a sufficient match for your expectations.
※ An example of backtest ( version)
＜Billion-yen＞
Currency pairGBPJPY (Great Britain Pound vs Japanese Yen)
PeriodM5
(2012.01.01 - 2024.10.31)
Model All ticks(Most accurate method using the smallest available time frame)
Initial margin¥1,000,000
Net profit¥146,848,162 【1.4e8】
Profit factor1.53
Absolute drawdown¥284,153
Maximum drawdown of balance¥41,287,994
(45%)
Number of trades442
Buying positionsWin rate）234
(52.94%)
Net profit is, but this includes profits of about.
＜Case of low capital＞
Assuming capital is only¥10,000, we performed recent backtests from2024 January toOctober month.
Currency pairGBPJPY-cd (Great Britain Pound vs Japanese Yen)
Currency pairGBPJPY(Great
PeriodM5
(2024.01.01 - 2024.10.31)
Model All ticks(Most accurate method using the smallest available time frame)
Initial margin¥10,000
Net profit¥21,792
Profit factor2.83
Absolute drawdown¥1,307
Maximum drawdown¥6,645
(43%)
Total trades30
Winning trades(Win rate%) 20 (66.67%)
Net profit is, but including profits about. When including Swap profits, the capital grows from to ¥31,862(3.18 times.18). Moreover, absolute drawdown is only. PF=2.83, win rate, so it can be considered a safe and reliable trade.
“ Target” advantages image.
Also, the MT4 version of “Swap TargetEA
version: linkhttps://www.gogojungle.co.jp/systemtrade/fx/54473
version: link
5.
Utilizing the “Toretore Indicator”
We upgraded the “Toretore Indicator.” Added alert function, arrow display. Also added several usage examples. For details, please view the product page.
The “Toretore Indicator” is a versatile indicator that can be used in various contexts. Below are examples of using the “Toretore Indicator” in binary options trading. The currency pair isEURUSD withTurbo
The left half of the screen shows the “Toretore Indicator” + homemade binary options indicator. The time frame used is 1-minute. We wait for the main line of the “Toretore Indicator” to fall below the threshold. A blue upward arrow appears, and after the main line changes color from pink to blue, we enter a High-direction position. Chart-wise, this is a pullback point in an uptrend. From this point, once we open a position, a green light will turn on, allowing a relatively comfortable trade. A crucial aspect of using the “Toretore Indicator” is not to trade elsewhere.
6.
Recommended indicators
“Toretore Indicator”
https://www.gogojungle.co.jp/tools/indicators/50115
“”
https://www.gogojungle.co.jp/tools/indicators/42257
“ 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】
