Utilization of "Visualization Indicator" (Part 212)
"Visualization Indicator" utilization (its212)
1. Further evolve the "28 Currency Pair List Indicator" into an indicator
"8CP Visualization Indicator" to plotUSDJPY
"8CP Visualization Indicator" includesOceania version,London version,NewYork version,AnyCP version. This time,London version was used.
The top half is theUSDJPY 15-minute chart. The bottom half is the results from the "8CP Visualization Indicator"; the graph in bold green line corresponds toUSDJPY.
On Wednesday and Thursday, theUSDJPY chart fell below other charts, so we took a short trade. On Wednesday about45pips, and on Thursday about95pips, for a total of about140pips in profit. When including the rebound from the bottom (about130pips), the total becomes about270pips.
Currency Strength Abnormal Correlation Graph
Looking at the 15-minute currency strength graph, USD andJPY show a clear inverse correlation. When USD and JPY move from convergence to dispersion,USDJPY is a condition to sell, and when USD and JPY move from dispersion to convergence,USD andJPY present an ideal condition to buy USDJPY. If you choose the currency pairs that are currently diverging the most in correlation, you will naturally get results.
"Aim for the currency strength inverse correlation!" is a rule in FX.
If you use theTrendLine-EX, entries and exits can be automated by breaking diagonal trend lines. You can just leave it as is for easy trading. TheTrendLine-EX is a semi-automated EA that conducts automatic selling when the price breaks below a trend line and automatic closing when it breaks above a trend line.
2. Best Select Try the indicator
The figure below is a screenshot taken on2025 year August 15 11:23 (JST).The screenshot shows the [Total] list in descending order of values. At the top is
GBPNZD, which is blue in all time frames.Total value is +2323.78, indicating a large positive number. This shows that an uptrend is occurring inGBPNZD.
Now, let's look at theGBPNZD chart.
The red arrows indicate the points where the screenshot was taken. They capture the part where the uptrend ended and there was a sharp uptick.
"28 Best Select Indicator"
https://www.gogojungle.co.jp/tools/indicators/35128
3. 2021 year 5 month to the present, how did EURJPY move?EURJPY movement
We have been tracking EURJPY since year 5 month.
To see the overall trend, a30 minute chart shows about the last3 weeks.
Previously, I wrote the following.
Pink indicatesEUR, green indicatesJPYEUR is downward,JPY is upward, so I expect EURJPY to move downward.. On the M30 chart,
It did not fall as much as expected.
minutes currency strength chart.
Pink indicatesEUR, green indicatesJPY. On the M30 chart, shows a slight upward trend,JPY is nearly horizontal. EURJPY lacks a clear directional signal. EURJPY
4.
New Indicator "Dual_MACD_Trend_Indicator" is described below.
MT4 version: https://www.gogojungle.co.jp/tools/indicators/62199
https://www.gogojungle.co.jp/tools/indicators/62202
This indicator clearly shows the direction of the trend with color. If the color bar isLime, it buys; ifRed, it sells. It is easy for beginners to use. If the bars are green, it indicates an uptrend; if red, a downtrend; if no color, there is no trend. Because it uses color display, you can grasp the trend state at a glance.
I have introduced this indicator to theUSDJPY on the1 hour chart.
From Tuesday to Thursday, a large decline (150pips) was captured.
With theDual_MACD_Trend_Indicator, buy in the green zone, sell in the red zone, and do not trade otherwise—simple rules.
UsingDual_MACD_Trend_Indicator eliminates any doubt about trading direction.
5.
"Hyper-CSW" has been released
"Hyper-CSW" is a high-performance indicator that visualizes the strength of the eight major currencies at a glance. It records the strongest currency and a score for the past ten bars of the current time frame, enabling precise tracking of trend persistence and turning points. It also supports multi-timeframe analysis that shows currency strength rankings (top four currencies) across multiple timeframes such as M15, H1, H4, D1, and W1 in a score-enabled format. With high visibility color lines and a separate window display, it provides a powerful tool to discern market direction.
For more details, see the following link.
https://www.gogojungle.co.jp/tools/indicators/65082
※ Recommended indicators
"Toritori Indicator"
https://www.gogojungle.co.jp/tools/indicators/50115
"TrendLine-EX"
https://www.gogojungle.co.jp/tools/indicators/42257
"8C currency strength visualization indicator" please refer to the following pages.
version https://www.gogojungle.co.jp/tools/indicators/39150
version https://www.gogojungle.co.jp/tools/indicators/39159
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