The Usage of “Visualization Indicators” (No. 213)
Usage of "Visualization Indicator" (its213)
1. Further evolve the "28 Currency Pairs List Indicator" into an indicator
“8CP Visualization Indicator”to draw GBPNZDGBPNZD.
There are versions of the “8CP Visualization Indicator”: Oceania, Visualization Indicator”; the green bold-line graph corresponds to GBPNZD.London version,NewYork version,AnyCP version. This time, we used theAnyCP version.
The upper half is the 15-minute chart of GBPNZD. The lower half is from the “8CP
On Wednesday, the GBPNZD chart rose above the others, so we took a long trade. We closed at the peak, earning about320pips in profit.
Currency Strength/Weakness Graph
Looking at the 15-minute currency strength/weakness graph, GBP andNZD are in a pronounced inverse correlation. When GBP and diverge from convergence toward expansion, buying GBP/NZD yields profit. Currently, the currency pair with the strongest growth and opposite correlation should be traded to achieve results naturally.
“Aim for the currency strength inverse correlation!” is FX’s maxim.
If you use “TrendLine-EX, you can automate entries and exits by breaking diagonal trendlines. You can leave it as is for easy trading. “TrendLine-EX
2. Best SelectTry the Indicator
Below is a screenshot from2025 year August 20 11:23 (JST).
[Total]Ranked in descending order by the numeric value. At the top, GBPNZD shows a blue display across all time frames.Total value is +5245.87, a large positive figure.GBPNZD indicates a remarkable upward trend.
Now, let's look at GBPNZD’s chart.
The red arrow marks the screenshot point. There is an extreme rise, likely due to an event such as an official data release.
Looking at the economic calendar, the “Reserve Bank of New Zealand Interest Rate Decision” occurred at this time.
“28 Currency Pairs Best Select Indicator” can easily identify which currency among the 28 pairs is experiencing the strongest trend. It also tells you whether you should trade now with numbers and colors. It’s an excellent indicator for judging the movement of all currency pairs at a glance.
“28 Currency Pairs Best Select
https://www.gogojungle.co.jp/tools/indicators/35128
3. 2021Year 5 month
We have been tracking EURJPY’s movement since May year 5
To view the overall trend, we plot about the last30 minutes over the past approximately
Previously, I wrote as follows.
Pink isEUR, green isJPYEUR is slightly upward, is largely horizontal. shows no clear directional bias. is expected to move slightly upward..
As predicted, no large trend emerged.
30 minutes of currency strength chart.
Pink isEUR, green isJPY. On the M30 chart, and are both slightly upward. shows no clear directional bias. is expected to move within a range for a while.
4. New IndicatorDual_MACD_Trend_Indicator to tryout
New Indicator “Dual_MACD_Trend_Indicator” is shown below.
MT4 version:https://www.gogojungle.co.jp/tools/indicators/62199
MT5https://www.gogojungle.co.jp/tools/indicators/62202
An indicator that clearly shows trend direction with color. If the color bar is Lime, it’s a buy; if Red, it’s a sell. It is easy for beginners to use. If the bar color is green, the uptrend; if red, the downtrend; if no color, no trend. Because it is color-coded, you can grasp the trend at a glance.
I have installed this indicator on GBPNZD’s1 hour chart.
The red sell zone and green buy zone are clearly separated, making trading easier. With this, you can easily capture the surge on Wednesday.
With the “, simply follow the rule: buy in green zones, sell in red zones, do not trade otherwise.
Using theDual_MACD_Trend_Indicator eliminates any further uncertainty about trade direction.
5.
“Hyper-CSW” has been released
“Hyper-CSW is a high-performance indicator that visualizes the strength of the major8 currencies at a glance. It records the strongest currency and its score for the current time frame, allowing accurate identification of trend persistence and turning points. Additionally, it supports multi-timeframe analysis, displaying currency strength rankings (top44 currencies) with scores across multiple timeframes such as M15, H1, H4, D1, and W1. With highly legible color lines and a separate window display, it empowers you to discern market flow effectively.
For details, please refer to the following link.
https://www.gogojungle.co.jp/tools/indicators/65082
※ Recommended Indicators
“Toretore 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 page.
version https://www.gogojungle.co.jp/tools/indicators/39150
version https://www.gogojungle.co.jp/tools/indicators/39159
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