Utilization of the “Visualization Indicator” (Part 195)
Utilization of the "Visualization Indicator" (its195)
1. To further evolve the "28 Currency Pairs List Indicator" into an indicator
“8CPVisualization Indicator”to plot EURAUDEURAUD.
There are versions of the “8 CP Visualization Indicator”: Oceanian, London, New York, and AnyCP. This time, the Oceanian version was used.Oceania版London版、NewYork版、AnyCP版があります。今回は、Oceania版を使いました。
The top half is theEURAUD 15-minute chart. The bottom half is by the “8CP Visualization Indicator”; the red thick line graph corresponds toEURAUD.
Sold on Monday, reversed on Tuesday, and closed on Wednesday, yielding totals of about270pips and180pips, for a total profit of about450pips. Strategies that target only the standout parts from other chart groups are effective. Also, the downward-trending graphs tend to revert to the zero line, so capturing this rebound yields double profits.
If you use theTrendLine-EX, entries and exits can be automated by breaking diagonally through trendlines. You can leave it as is for easy trading. TheTrendLine-EX is a semi-automatic EA that sells automatically when the trendline is broken downward and closes automatically when broken upward.
2. Best SelectIndicator trial
The figure below is a screenshot fromApril 14,2025 at15:55 (JST) .
[Total]The numbers are in descending order. At the very top,NZDUSD shows blue in all time frames.Total value is7007.43, a large positive figure. This suggests NZDUSD is in a strong uptrend.
Now, let's look at theNZDUSD chart.
The red arrows indicate the point where the screenshot was taken, capturing a rapid rise followed by a sharp fall in the middle of the uptrend.
“28 currency pairsBest Select indicator” enables you to easily identify which currency among 28 pairs is currently showing the strongest trend. It also tells you whether you should trade now with numbers and colors. It allows you to assess all currency pairs at a glance.
“28 currency pairsBest Select
https://www.gogojungle.co.jp/tools/indicators/35128
3. 2021 year5 month onwards trackingEURJPY movement?
We have been tracking EURJPY movement since 2021 5
To see the overall trend, a30-minute chart covering roughly the last3 weeks is drawn.
Previously, I wrote the following.
Pink indicatesEUR, green indicatesJPYJPY. In the currency strength chart, both andEUR are slightly downward, but the angle forJPY points downward more. EURJPY is expected to trend slightly higher in the future.
It is in a range without a clear directional signal.
30-minute currency strength chart.
Pink indicatesEUR, green indicatesJPY. In the currency strength chart, bothJPY andEUR are almost horizontal, butJPY trends slightly upward,EUR slightly downward, soEURJPY looks likely to be weak with upper resistance.
4. Using Visualization Indicator on the daily chart
The figure below displays the “8CP Visualization Indicator” version on the daily chart.
NZDUSD shows the steepest ascent on the daily chart. As long as this speed does not slow, keep holding a long position.
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 page below.
MT4 version https://www.gogojungle.co.jp/tools/indicators/39150
version https://www.gogojungle.co.jp/tools/indicators/39159
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