The Use of "Visualization Indicators" (Part 174)
“Visualization Indicator” utilization (Part174)
1. We will further evolve the “28 Currency Pairs List Indicator” into an indicator
“8CPVisualization Indicator”to draw CADJPYon the chart
There are versions for Oceania,London edition, edition,New YorkAnyCP edition. This time, we used theNew York edition.
The top half is a 15-minute chart ofCADJPY. The bottom half shows the results from the “8CPVisualization Indicator”; the light blue bold line graph corresponds toCADJPY.
With the indicator, when CADJPY breaks upward from a series of graphs, buy; when it peaks, sell.
Holding for about one day from Tuesday to Wednesday yielded approximately140 pips in profit.
If you use “TrendLine-EX”, entries and exits can be automated by the diagonal trendline breakout. You can just leave it as is for easy trading. “TrendLine-EX” is a semi-automatic EA that can automatically sell on a downside breakout of a trendline and automatically close on an upside breakout.
2. Best SelectTry the indicator
The figure below is a screenshot from2024 year11 month22 day23:15 (JST) .
[Total]The figures are sorted in descending order. The top one,CADCHF, shows blue-ish colors across all timeframes.Total value is1734.81, a positive number.CADCHF indicates an upward trend.
Now, let’s look at theCADCHF chart.
The red arrows indicate where the screenshot was taken, capturing a surge in the uptrend.
“28 currency pairs Best Select indicator
“28 currency pairs Best Select indicator”
https://www.gogojungle.co.jp/tools/indicators/35128
3. 2021 year5 month to current EURJPY movement
2021 year5 month EURJPY movement tracked.
To see the overall trend, a30-minute chart covering about3 weeks is drawn.
Previously, I wrote the following.
EUR is down,JPY is up, soEURJPY is expected to continue to move downward.
Indeed, the overall tendency is downward.
30-minute currency strength chart.
Pink isEUR, green isJPYEUR which has moved upward, and the strongest has moved downward. By looking at the vector in the currency strength chart, it is possible to infer that will rise in the future.
4. New EA “Swap TargetEA” ( version・ version) follow-up
“SwapTarget” is a type of EA that buys only when there is a trend, aiming to gain both forex profits and Swap profits.
“Target” is an EA that enables traders with small capital to grow their funds efficiently. It opens only one long position. The risk (loss ratio) can be adjusted by the user, so conservative traders can set lower risk, while traders who want higher returns can expect proportionate returns. Depending on settings, it can become an “earners of hundreds of millions” EA.
version has not started trading yet, and is under review.
version was steadily accumulating profits, but is currently in drawdown and negative. It is expected to resume accumulating profits over time.
※ A sample of backtest (MT5 version) is shown.
＜Earner of Hundreds of Millions EA＞
Currency pairGBPJPY (Great Britain Pound vs Japanese Yen)
PeriodM5
(2012.01.01 - 2024.10.31)
Model All ticks(the most accurate method using the smallest available time frame)
Initial deposit¥1,000,000
Net profit 【1.4 hundred million+】
Profit factor1.53
Absolute drawdown of balance¥284,153
Maximum balance drawdown¥41,287,994
(45%)
Number of trades442
Buy positions(Win rate%）234
(52.94%)
As net profit is, Swap profits add about¥4,028,700 more.
＜Small-capital Case＞
Assuming capital of, we conducted a backtest from January to.
Currency pairGBPJPY-cd (Great Britain Pound vs Japanese Yen)
Currency pairGBPJPY (Great Britain Pound vs Japanese Yen)
PeriodM5
(2024.01.01 - 2024.10.31)
Model All ticks(the most accurate method using the smallest available time frame)
Initial margin¥10,000
Net profit¥21,792
Profit factor2.83
Absolute drawdown of balance¥1,307
Maximum balance drawdown¥6,645
(43%)
Total trades30
Winning tradesWin rate%) 20 (66.67%)
Net profit is, but with Swap profits about added. Total profit becomes. If Swap profits are added, starting from becomes¥31,862 (3.18x).18x. Moreover, absolute drawdown is only. PF=2.83, win rate 66.6%, a safe, reliable trade can be said.
“SwapTarget” advantages image.
Also, the MT4 version of the “Swap Target EA” is currently under review at Gogojungle.
MT4 version: linkhttps://www.gogojungle.co.jp/systemtrade/fx/54473
MT5 version: linkhttps://www.gogojungle.co.jp/systemtrade/fx/54704
5.
Use of “Tore Tore Indicator”
We upgraded the “Tore Tore Indicator.” Added alert functionality and arrow displays. Also added several use-case examples. Please see the product page for details.
The “Tore Tore Indicator” is a versatile indicator that can be applied in many contexts. The following are application examples. The currency isGOLD and the chart is1 hour.
With the “Tore Tore Indicator,” you can narrow down buy and sell points, enabling focused trades and excluding wasteful ones. Enter when the main line turns blue to buy, or when it turns red to sell, entering near the indicator’s bottom. For exits, simply break the trendline.
GOLD exhibits high volatility, so once you capture the trend, you can reliably earn profits. It is currently in an uptrend, and since there is still room up to recent highs, it is fine to hold a long position. The indicator’s beam display is nearly vertical and oriented upward, giving confidence to hold a long position.
6.
Recommended indicators
“Tore Tore 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 page.
MT4 version https://www.gogojungle.co.jp/tools/indicators/39150
MT5 version https://www.gogojungle.co.jp/tools/indicators/39159
【My listed products】
