Here is a great example of normaly correlated pair that start to move in opposite direction (USD & JPY - no correlation anymore. G.

The gg53 "Killing Zone"

chikanesoup, The initial (recommended) breakout was 10 "indicator points" above/below the volume channel. My request to the coders was to make it a fraction of percent and not an arbitrary number. In your posted chart - this should be 660+10=670 and ...

The gg53 "Killing Zone"

fxprotrader, I already asked that gazilion times. Also, I asked users here to share their experience with Gadi_OBV breakout on H1 & M15 and other TF - which one is prefered (with reasoning). The result was very little responses - if at all.... ...

The gg53 "Killing Zone"

Middleastern, I've already posted that several times. SL = PSAR or previous high/low if PSAR doesn't exist. BE = when in 8-10 pips profit set SL to BE+2xspread+1. TS = 8 TP = 2xSL (Min.) G.

The gg53 "Killing Zone"

Middleastern, Good job !! Thanks. You can use "MarketInfo(Symbol(),MODE_STOPLEVEL)" to check if the SL is smaller than allowed and adjust to broker's minimum if the SL is smaller. G.

The gg53 "Killing Zone"

Gadi_Currencies - Update — Gadi_Currencies - Updated to v2.7. Changed default TF to 0 - Current chart TF. Updated Dynamic Levels - more sensitive. Enjoy. G.

The gg53 "Killing Zone"

fxprotrader, 5 winners is great. The MM requires major overhaul. The risk/reward is terrible. Manual trding, using the "triple" method, yielded more than 60 pips. The EA should make at least 60%-70% of that. G.

The gg53 "Killing Zone"

The "20" I added to the tunnel is not 20 pips, but 20 "Gadi_OBV units". I think Panamamike referred to a percentage of the "indicator tunnel", not the bars tunnel.[/quote] Middleastern, How many pips was the "20 Gadi_OBV units" in this case? G.

The gg53 "Killing Zone"

uote=panamamike;6141655]Instead of using an arbitrary kill zone breakout of 20 pts, can the code be amended to trigger on a breakout by say 5% of the kill zone? I.e. if the KZ is 100 pts a breakout of 5 pts would trigger the trade. The % breakout ...

The gg53 "Killing Zone"

Middleastern, PSAR, and if not available the previous bar high/low. G.

The gg53 "Killing Zone"

Middleastern, First - thanks for your effort !! The Gadi_OBV breakout is not always one trade per day. Sometimes it's just updating the volume level after one trade. I think that PSAR or previous high/low will be much tighter (just a few pips - less ...

The gg53 "Killing Zone"

Middleastern, Can you please re-run the EA with the suggested parameters and compare results? thanks ! G.

The gg53 "Killing Zone"

Middleastern, I haven't tested the MPTM and didn't have a look at the code, but a few comments on the parameters: 1. I use BE+2xSpread+1. At 10 pips profit I think I deserve a bit more... and also if the spread widens for some reason - you could end ...

The gg53 "Killing Zone"

Bomi, Correlation is defined by currency/currency comparison - not by pairs comparison. G.

The gg53 "Killing Zone"

Dominating the Denominator — Ok, now we all master the entry signal. We also master the art of identifying correlated currencies. In the previous example we bought the GBPUSD and, by relying on USD & JPY correlation, we also bought the GBPJPY. ...

The gg53 "Killing Zone"

Bomi, What's your rational behind the EURAUD trade? G.

The gg53 "Killing Zone"

Did anyone used the EA posted by MiddleEastern (post #792)? Did it catch that move & correlated pair? I didn't had the time to check it yet... G.

The gg53 "Killing Zone"

Re: Correlation - This Morning — Did you catch this morning's EURUSD Asian breakout ? Using the CORRELATION rule - Did you more than "Doubled" that profit by trading the EURJPY? That's more than +50 Pips in 2 hrs. G.

The gg53 "Killing Zone"

Bomi, In the example of the GBPUSD BUY signal and the GBPUSD chart other indicators confirmation - just check the correlation and trade the GBPJPY as well. G.

The gg53 "Killing Zone"

Re: Correlation — Bomi, Positive currency correlation is defined as same movement direction between two currencies. It doesn't have to be in the same momentum or rate of change - just the same direction. Understanding and identifying ...

The gg53 "Killing Zone"