GKD-C Spearman Rank Correlation [Loxx]Giga Kaleidoscope Spearman Rank Correlation is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Spearman Rank Correlation as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Spearman Rank Correlation
What is Spearman rank correlation?
Spearman rank correlation, also known as Spearman coefficient is a formula used to identify the strength of the link between two datasets. This coefficient is a method that can be used to assess the strength of a relationship apart from the direction it takes. The formula, named after Charles Spearman, a mathematician, can only be used in circumstances where data can be categorized or put in order, for instance, the highest to the lowest.
For a better understanding of Spearman coefficient, it helps to get a sense of what monotonic function means. There’s a monotonic relationship under these circumstances:
– When the variable values rise together.
– When one variable value rises the other variable value lowers.
– The rate of movement of the variables need not necessarily be constant.
The Spearman correlation coefficient or rs , between +1 and -1, where +1 indicates a perfect strength between variables, while zero shows no association and -1 shows a perfect negative strength.
Spearman rank correlation theory:
A nonparametric (distribution-free) rank statistic proposed by Spearman in 1904 as a measure of the strength of the associations between two variables (Lehmann and D'Abrera 1998). The Spearman rank correlation coefficient can be used to give an R-estimate, and is a measure of monotone association that is used when the distribution of the data make Pearson's correlation coefficient undesirable or misleading.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
Gkdc
GKD-C Williams % Range Regular [Loxx]Giga Kaleidoscope Williams Precent Range is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Williams Precent Range as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Williams Precent Range
What is Williams Precent Range?
Williams %R, also known as the Williams Percent Range, is a type of momentum indicator that moves between 0 and -100 and measures overbought and oversold levels. The Williams %R may be used to find entry and exit points in the market. The indicator is very similar to the Stochastic oscillator and is used in the same way. It was developed by Larry Williams and it compares a stock’s closing price to the high-low range over a specific period, typically 14 days or periods.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Zero-Lag MACD [Loxx]Giga Kaleidoscope Zero-Lag MACD is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Zero-Lag MACD as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Zero-Lag MACD
What is Zero-Lag MACD?
Moving average convergence divergence ( MACD ) is a trend-following momentum indicator that shows the relationship between two moving averages of a security’s price. The MACD is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA.
This version adds the ability to change the moving average to 60+ different moving averages. This is also Zero-lag which increases the speed at which MACD identifies trends.
You can read about the moving averages here:
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Smooth Step [Loxx]Giga Kaleidoscope Smooth Step is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Smooth Step as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Smooth Step
What is Smooth Step?
In many cases (computer graphics, machine learning, ta analysis) we need normalized values. Smooth step is one of the possible ways to do it
It belongs to the family of sigmoidal (clamping in this case, since this indicator, as is, is not used for interpolation) functions, and is producing a sub-set of what is the built in stochastic, except that I kept it in its original range of 0 to 1 and that it filters out some values that stochastic produces. Also, this indicator can use all the usual prices (not just the close/close or low/high/close)
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Schaff Trend Cycle [Loxx]Giga Kaleidoscope Schaff Trend Cycle is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Schaff Trend Cycle as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Schaff Trend Cycle
What is Schaff Trend Cycle?
The Schaff Trend Cycle (STC) indicator is the product of combining Slow Stochastic and the Moving Average Convergence/Divergence (MACD). The MACD has a reputation as a trend indicator, but it's also notorious for lagging due to its slow responsive signal line. The improved signal line gives the STC its relevance as an early warning sign to detect trends.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Fisher Transform Special [Loxx]Giga Kaleidoscope Fisher Transform Special is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Fisher Transform Special as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Fisher Transform Special
What is Fisher Transform?
The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution. The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset.
Why is this version special?
This version of Fisher Transform has pips stepping; and, price and index smoothing. These additional features increase the sensitivity of the regular Fisher Transform.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C DEMA MACD [Loxx]Giga Kaleidoscope DEMA MACD is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: DEMA MACD as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ DEMA MACD
What is DEMA?
The double exponential moving average (DEMA) is a technical indicator devised to reduce the lag in the results produced by a traditional moving average. Technical traders use it to lessen the amount of "noise" that can distort the movements on a price chart.
What is MACD?
Moving average convergence/divergence (MACD, or MAC-D) is a trend-following momentum indicator that shows the relationship between two exponential moving averages (EMAs) of a security’s price. The MACD line is calculated by subtracting the 26-period EMA from the 12-period EMA.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Angle of Averages [Loxx]Giga Kaleidoscope Angle of Averages is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Angle of Averages as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Angle of Average
What is Angle of Averages?
The problem that people overlook when asking to calculate an angle of an average is simple: data on Y axes of a time series chart is different type from the data on X axis. Since they are completely different, the angle can not be calculated from that data. Unless you make them the compatible. Here is one possible solution: convert time into "pips" by using average true range as a value of a single time bar and that way unifies the values of X and Y axis. Using the ATR for that is an approximation (there is no 100% accurate method to do that), but it is not a bad approximation: at least it is not showing results of > 90 degrees.
This indicator uses the calculation method described above and is extended to be able to 60+ types of moving averages.
You can read about the included moving averages here:
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C LSX on LMA [Loxx]Giga Kaleidoscope LSX on LMA is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: LSX on LMA as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ LSX on LMA
What is LSX on LMA?
LSX on LMA is an RSI-like momentum indicator that is smoothed using three stage moving average combining an adaptive EMA, a Kalman Filter, and a Kauffman adaptive filter.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Loxx Turning Point Oscillator [Loxx]Giga Kaleidoscope Loxx Turning Point Oscillator is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Loxx Turning Point Oscillator as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Loxx Turning Point Oscillator
What is Loxx Turning Point Oscillator?
Loxx Turning Point Oscillator is a velocity-based indicator that mirrors Spearman Rank Correlation. This is considered one of the most powerful reversal indicators.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Absolute Strength Histogram [Loxx]Giga Kaleidoscope Absolute Strength Histogram is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Finite Volume Elements (FVE) as shown on the chart above
Confirmation 1: Absolute Strength Histogram as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Absolute Strength Histogram
What is Absolute Strength Histogram?
Absolute Strength ( aka Absolute Strength Histogram) Backtest is a momentum indicator that shows trend strength of bulls vs bears. This indicator originates from MQL Forex Traders. This version isn't actually a histogram but its called as such because this same formulation normally includes a histogram but for our purposes here, that is excluded.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Aroon [Loxx]Giga Kaleidoscope Aroon is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Leader Exponential Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Aroon as shown on the chart above
Confirmation 2: Williams Percent Range
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Aroon
What is Aroon?
The Aroon indicator is a technical indicator that is used to identify trend changes in the price of an asset, as well as the strength of that trend. In essence, the indicator measures the time between highs and the time between lows over a time period. The idea is that strong uptrends will regularly see new highs, and strong downtrends will regularly see new lows. The indicator signals when this is happening, and when it isn't.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Vortex [Loxx]Giga Kaleidoscope Vortex is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Leader Exponential Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Vortex as shown on the chart above
Confirmation 2: DiNapoli Stochastic
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Vortex
What is Vortex?
The Vortex indicator is an indicator composed of two lines - an uptrend line (VI+) and a downtrend line (VI-). These lines are typically colored green and red respectively. A vortex indicator is used to spot trend reversals and confirm current trends.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Trend Continuation Factor [Loxx]Giga Kaleidoscope Trend Continuation Factor is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Leader Exponential Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Trend Continuation Factor as shown on the chart above
Confirmation 2: Jurik Turning Point Oscillator
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Trend Continuation Factor
What is Trend Continuation Factor
The Trend Continuation Factor ( TCF ) identifies the trend and its direction. TCF was introduced by M. H. Pee. Positive values of either the Positive Trend Continuation Factor (TCF+) and the Negative Trend Continuation Factor (TCF-) indicate the presence of a strong trend.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Trading Channel Index [Loxx]Giga Kaleidoscope Trading Channel Index is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
█ Giga Kaleidoscope Modularized Trading System
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend
3. Confirmation 1 - a technical indicator used to identify trends.
4. Confirmation 2 - a technical indicator used to identify trends.
5. Continuation - a technical indicator used to identify trends.
6. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
7. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 and Continuation module (Confirmation 1/2 and Continuation, Numbers 3, 4, and 5 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 6 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 7 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-C(Continuation) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Continuation indicator. The Continuation indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average as shown on the chart above
Volatility/Volume: Average Directional Index (ADX) as shown on the chart above
Confirmation 1: Trading Channel Index as shown on the chart above
Confirmation 2: Jurik Turning Point Oscillator
Continuation: Fisher Transform
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Giga Kaleidoscope Modularized Trading System Signals (based on the NNFX algorithm)
Standard Entry
1. GKD-C Confirmation 1 Signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
6. GKD-C Confirmation 1 signal was less than 7 candles prior
Continuation Entry
1. Standard Entry, Baseline Entry, or Pullback; entry triggered previously
2. GKD-B Baseline hasn't crossed since entry signal trigger
3. GKD-C Confirmation Continuation Indicator signals
4. GKD-C Confirmation 1 agrees
5. GKD-B Baseline agrees
6. GKD-C Confirmation 2 agrees
1-Candle Rule Standard Entry
1. GKD-C Confirmation 1 signal
2. GKD-B Baseline agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume agrees
1-Candle Rule Baseline Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
4. GKD-C Confirmation 1 signal was less than 7 candles prior
Next Candle:
1. Price retraced (Long: close < close or Short: close > close )
2. GKD-B Baseline agrees
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
PullBack Entry
1. GKD-B Baseline signal
2. GKD-C Confirmation 1 agrees
3. Price is beyond 1.0x Volatility of Baseline
Next Candle:
1. Price is within a range of 0.2x Volatility and 1.0x Volatility of the Goldie Locks Mean
3. GKD-C Confirmation 1 agrees
4. GKD-C Confirmation 2 agrees
5. GKD-V Volatility/Volume Agrees
█ Trading Channel Index
What is Trading Channel Index
The Trading Channel Index measures the location of average daily price relative to a smoothed average of average daily price. It is derived from the average difference between these two values.
Requirements
Inputs
Confirmation 1 and Solo Confirmation: GKD-V Volatility / Volume indicator
Confirmation 2: GKD-C Confirmation indicator
Continuation: GKD-C Confirmation indicator
Outputs
Confirmation 2 and Solo Confirmation: GKD-E Exit indicator
Confirmation 1: GKD-C Confirmation indicator
Continuation: GKD-E Exit indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Double Smoothed Stochastic of Momentum [Loxx]Giga Kaleidoscope Double Smoothed Stochastic of Momentum Confirmation is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend (such as "Baseline" shown on the chart above)
3. Confirmation 1 - a technical indicator used to identify trends. This should agree with the "Baseline"
4. Confirmation 2 - a technical indicator used to identify trends. This filters/verifies the trend identified by "Baseline" and "Confirmation 1"
5. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
6. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 module (Confirmation 1/2, Numbers 3 and 4 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 5 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 6 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Leader Exponential Moving Average as shown on chart
Volatility/Volume: Volatility Ratio as shown on chart
Confirmation 1: Double Smoothed Stochastic of Momentum as shown on the chart above
Confirmation 2: Jurik Turning Point Oscillator
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Now that you have a general understanding of the NNFX algorithm and the GKD trading system. Let's go over what's inside the GKD-E Double Smoothed Stochastic of Momentum itself.
What is Double Smoothed Stochastic of Momentum?
The Double Smoothed Stochastic of Momentum demonstrates smoother indicators and therefore gives fewer false signals in comparison with the traditional oscillator.
The indicator is written in accordance with the description given in the book by Joe Dinapoli "Trading With DiNapoli Levels". This oscillator smoothing method leads to a filtering of the most "noise" component of the price movement.
The Double Smoothed Stochastic of Momentum indicator can be used in the strategies oriented to a standard stochastic. However, the stronger smoothing can lead to the loss of an array of signals. It is recommended to apply any trend indicator for more efficient use of the indicator and its signals filtering.
Signals
A GKD-C Confirmation indicator can be used as either a Confirmation 1, Confirmation 2, or Solo Confirmation indicator. See step 3 & 4 of the NNFX algorithm above to understand how this indicator fits into the GKD trading system. The Solo Confirmation setting allows you to test this indicator by itself without an additional GKD-C indicator present in the GKD protocol chain.
On the chart shown above, this indicator is shown as GKD-C Double Smoothed Stochastic of Momentum and is set to Solo Confirmation. The GKD-B Baseline, GKD-V Volatility Ratio, and this indicator satisfy the first three steps in the GKD trading system chain: GKD-B => GKD-V => GKD-C(solo).
The signals from each of these settings are as follows:
Confirmation 1 Signal
Initial Long (L): Double Smoothed Stochastic of Momentum crosses-up over middle-line*
Initial Short (S): Double Smoothed Stochastic of Momentum crosses-down under middle-line*
Continuation Long (CL): Double Smoothed Stochastic of Momentum is over middle-line, then crosses-up over the signal**
Continuation Short (CS): Double Smoothed Stochastic of Momentum is under middle-line, then crosses-down under the signal**
Post Baseline Cross Long (BL): Double Smoothed Stochastic of Momentum crossed-up over middle-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars***
Post Baseline Cross Short (BS): Double Smoothed Stochastic of Momentum crossed-down under middle-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars***
BL Recovery Continuation Long (RL): Double Smoothed Stochastic of Momentum is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, Double Smoothed Stochastic of Momentum crosses-up over the signal****
BL Recovery Continuation Short (RS): Double Smoothed Stochastic of Momentum is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, Double Smoothed Stochastic of Momentum crosses-down under the signal****
*All signals are shown regardless of Baseline and Volatility/Volume qualification
**All signals are shown regardless of Baseline qualification; however, when Baseline filter is active, only true continuations are shown. When the Baseline filter is not active, then all continuations are shown. True continuations are when the Baseline is active and maintains its uptrend/downtrend after the initial cross-up/cross-down over the middle-line respectively. This means that if the Baseline trend then moves against the Double Smoothed Stochastic of Momentum then any continuation signals are voided until another initial Long/Short. All continuations are will either show as regular continuations or be converted into recovery continuations
***All signals are shown regardless of Volatility/Volume qualification
****When the Baseline filter is active, some regular continuations are converted to recovery continuations and are shown. When the Baseline filter is not active, then these signals are not shown.
Confirmation 2 Signal
Initial Long (L): Double Smoothed Stochastic of Momentum crosses-up over middle-line*
Initial Short (S): Double Smoothed Stochastic of Momentum crosses-down under middle-line*
Continuation Long (CL): Double Smoothed Stochastic of Momentum is over middle-line, then crosses-up over the signal**
Continuation Short (CS): Double Smoothed Stochastic of Momentum is under middle-line, then crosses-down under the signal**
Post Baseline Cross Long (BL): Double Smoothed Stochastic of Momentum crossed-up over middle-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars***
Post Baseline Cross Short (BS): Double Smoothed Stochastic of Momentum crossed-down under middle-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars***
BL Recovery Continuation Long (RL): Double Smoothed Stochastic of Momentum is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while Double Smoothed Stochastic of Momentum is still above middle-line; then, Double Smoothed Stochastic of Momentum crosses-up over the signal****
BL Recovery Continuation Short (RS): Double Smoothed Stochastic of Momentum is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while Double Smoothed Stochastic of Momentum is still below middle-line; then, Double Smoothed Stochastic of Momentum crosses-down under the signal****
*All signals are shown regardless of Baseline and Volatility/Volume qualification
**All signals are shown regardless of Baseline qualification; however, when Baseline filter is active, only true continuations are shown. When the Baseline filter is not active, then all continuations are shown. True continuations are when the Baseline is active and maintains its uptrend/downtrend after the initial cross-up/cross-down over the middle-line respectively. This means that if the Baseline trend then moves against the Double Smoothed Stochastic of Momentum then any continuation signals are voided until another initial Long/Short. All continuations are will either show as regular continuations or be converted into recovery continuations
***All signals are shown regardless of Volatility/Volume qualification
****When the Baseline filter is active, some regular continuations are converted to recovery continuations and are shown. When the Baseline filter is not active, then these signals are not shown.
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Long (L): The imported GKD-C Confirmation 1 indicator crosses-up over middle-line, then Double Smoothed Stochastic of Momentum crosses-up over the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Initial Short (S): The imported GKD-C Confirmation 1 indicator crosses-down under middle-line, then Double Smoothed Stochastic of Momentum crosses-down under the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Continuation Long Confirmation 1 (CL): The imported GKD-C Confirmation 1 indicator is over middle-line, then crosses-up over the signal
Continuation Short Confirmation 1 (CS): The imported GKD-C Confirmation 1 indicator is under middle-line, then crosses-down under the signal
Post Baseline Cross Long (BL): The imported GKD-C Confirmation 1 crossed-up over middle-line but Baseline is still in downtrend; and Double Smoothed Stochastic of Momentum crossed-up over middle-line on the same bar or XX bars in the future but Baseline is still in downtrend; then Baseline turns to uptrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Post Baseline Cross Short (BS): The imported GKD-C Confirmation 1 crossed-down under middle-line but Baseline is still in uptrend; and, Double Smoothed Stochastic of Momentum crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
BL Recovery Continuation Long (RL): The imported GKD-C Confirmation 1 indicator is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while Double Smoothed Stochastic of Momentum is still above middle-line; then, The imported GKD-C Confirmation 1 crosses-up over the signal
BL Recovery Continuation Short (RS): The imported GKD-C Confirmation 1 indicator is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while Double Smoothed Stochastic of Momentum is still below middle-line; then, The imported GKD-C Confirmation 1 crosses-down under the signal
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 2
Initial Long (L): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Short (S): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Continuation Long Confirmation 2 (CL): Double Smoothed Stochastic of Momentum is over middle-line, then crosses-up over the signal
Continuation Short Confirmation 2 (CS): Double Smoothed Stochastic of Momentum is under middle-line, then crosses-down under the signal
Post Baseline Cross Long (BL): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Post Baseline Cross Short (BS): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
BL Recovery Continuation Long (RL): Double Smoothed Stochastic of Momentum is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, Double Smoothed Stochastic of Momentum crosses-up over the signal
BL Recovery Continuation Short (RS): Double Smoothed Stochastic of Momentum is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, Double Smoothed Stochastic of Momentum crosses-down under the signal
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Both
Initial Long (L): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Short (S): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Continuation Long Confirmation 2 (CL): The imported GKD-C Confirmation 1 indicator is over middle-line, then crosses-up over the signal; Double Smoothed Stochastic of Momentum is over middle-line, then crosses-up over the signal within "Number of Bars Confirmation" bars in the future
Continuation Short Confirmation 2 (CS): The imported GKD-C Confirmation 1 indicator is under middle-line, then crosses-down under the signal; Double Smoothed Stochastic of Momentum is under middle-line, then crosses-down under the signal within "Number of Bars Confirmation" bars in the future
Post Baseline Cross Long (BL): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Post Baseline Cross Short (BS): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
BL Recovery Continuation Long (RL): The imported GKD-C Confirmation 1 indicator is above middle-line and Double Smoothed Stochastic of Momentum is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, the imported GKD-C Confirmation 1 crosses-up over its signal, and Double Smoothed Stochastic of Momentum crosses-up over its signal within "Number of Bars Confirmation" bars in the future
BL Recovery Continuation Short (RS): The imported GKD-C Confirmation 1 indicator is below middle-line and Double Smoothed Stochastic of Momentum is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, the imported GKD-C Confirmation 1 crosses-down under its signal, and Double Smoothed Stochastic of Momentum crosses-down under its signal within "Number of Bars Confirmation" bars in the future
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Both; Confirmation Type: (continuations don't change from the variations above)
Initial Long (L): The imported GKD-C Confirmation 1 indicator crosses-up over middle-line, then Double Smoothed Stochastic of Momentum crosses-up over the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below); OR, Double Smoothed Stochastic of Momentum crosses-up over middle-line, then the imported GKD-C Confirmation 1 indicator crosses-up over the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Initial Short (S): The imported GKD-C Confirmation 1 indicator crosses-down under middle-line, then Double Smoothed Stochastic of Momentum crosses-down under the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below); OR, Double Smoothed Stochastic of Momentum crosses-down under middle-line, then the imported GKD-C Confirmation 1 indicator crosses-down under the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Post Baseline Cross Long (BL): The imported GKD-C Confirmation 1 crossed-down under middle-line but Baseline is still in uptrend; and, Double Smoothed Stochastic of Momentum crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below); OR, Double Smoothed Stochastic of Momentum crossed-down under middle-line but Baseline is still in uptrend; and, the imported GKD-C Confirmation 1 crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Post Baseline Cross Short (BS): The imported GKD-C Confirmation 1 crossed-down under middle-line but Baseline is still in uptrend; and, Double Smoothed Stochastic of Momentum crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below); OR, Double Smoothed Stochastic of Momentum crossed-down under middle-line but Baseline is still in uptrend; and, the imported GKD-C Confirmation 1 crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Solo Confirmation Signals
Initial Long (L): Double Smoothed Stochastic of Momentum crosses-up over middle-line
Initial Short (S): Double Smoothed Stochastic of Momentum crosses-down under middle-line
Continuation Long (CL): Double Smoothed Stochastic of Momentum is over middle-line, then crosses-up over the signal
Continuation Short (CS): Double Smoothed Stochastic of Momentum is under middle-line, then crosses-down under the signal
Post Baseline Cross Long (BL): Double Smoothed Stochastic of Momentum crossed-up over middle-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars
Post Baseline Cross Short (BS): Double Smoothed Stochastic of Momentum crossed-down under middle-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars
BL Recovery Continuation Long (RL): Double Smoothed Stochastic of Momentum above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while Double Smoothed Stochastic of Momentum is still above middle-line
BL Recovery Continuation Short (RS): Double Smoothed Stochastic of Momentum below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while Double Smoothed Stochastic of Momentum is still below middle-line
X-bar Rule settings
This rule only applies when this indicator "Confirmation Type" set to "Confirmation 2"
Requirements
Inputs: Confirmation 1 and Solo Confirmation: GKD-V Volatility/Volume indicator; Confirmation 2: GKD-C Confirmation indicator
Output: Confirmation 2 and Solo Confirmation: GKD-E Exit indicator; Confirmation 1: GKD-C Confirmation indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Double Smoothed Stochastic [Loxx]Giga Kaleidoscope Double Smoothed Stochastic Confirmation is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend (such as "Baseline" shown on the chart above)
3. Confirmation 1 - a technical indicator used to identify trends. This should agree with the "Baseline"
4. Confirmation 2 - a technical indicator used to identify trends. This filters/verifies the trend identified by "Baseline" and "Confirmation 1"
5. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
6. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 module (Confirmation 1/2, Numbers 3 and 4 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 5 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 6 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Leader Exponential Moving Average as shown on chart
Volatility/Volume: Volatility Ratio as shown on chart
Confirmation 1: Double Smoothed Stochastic as shown on the chart above
Confirmation 2: Jurik Turning Point Oscillator
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Now that you have a general understanding of the NNFX algorithm and the GKD trading system. Let's go over what's inside the GKD-E Double Smoothed Stochastic itself.
What is Double Smoothed Stochastic?
The Double Smoothed Stochastic demonstrates smoother indicators and therefore gives fewer false signals in comparison with the traditional oscillator.
The indicator is written in accordance with the description given in the book by Joe Dinapoli "Trading With DiNapoli Levels". This oscillator smoothing method leads to a filtering of the most "noise" component of the price movement.
The Double Smoothed Stochastic indicator can be used in the strategies oriented to a standard stochastic. However, the stronger smoothing can lead to the loss of an array of signals. It is recommended to apply any trend indicator for more efficient use of the indicator and its signals filtering.
Signals
A GKD-C Confirmation indicator can be used as either a Confirmation 1, Confirmation 2, or Solo Confirmation indicator. See step 3 & 4 of the NNFX algorithm above to understand how this indicator fits into the GKD trading system. The Solo Confirmation setting allows you to test this indicator by itself without an additional GKD-C indicator present in the GKD protocol chain.
On the chart shown above, this indicator is shown as GKD-C Double Smoothed Stochastic and is set to Solo Confirmation. The GKD-B Baseline, GKD-V Volatility Ratio, and this indicator satisfy the first three steps in the GKD trading system chain: GKD-B => GKD-V => GKD-C(solo).
The signals from each of these settings are as follows:
Confirmation 1 Signal
Initial Long (L): Double Smoothed Stochastic crosses-up over middle-line*
Initial Short (S): Double Smoothed Stochastic crosses-down under middle-line*
Continuation Long (CL): Double Smoothed Stochastic is over middle-line, then crosses-up over the signal**
Continuation Short (CS): Double Smoothed Stochastic is under middle-line, then crosses-down under the signal**
Post Baseline Cross Long (BL): Double Smoothed Stochastic crossed-up over middle-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars***
Post Baseline Cross Short (BS): Double Smoothed Stochastic crossed-down under middle-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars***
BL Recovery Continuation Long (RL): Double Smoothed Stochastic is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, Double Smoothed Stochastic crosses-up over the signal****
BL Recovery Continuation Short (RS): Double Smoothed Stochastic is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, Double Smoothed Stochastic crosses-down under the signal****
*All signals are shown regardless of Baseline and Volatility/Volume qualification
**All signals are shown regardless of Baseline qualification; however, when Baseline filter is active, only true continuations are shown. When the Baseline filter is not active, then all continuations are shown. True continuations are when the Baseline is active and maintains its uptrend/downtrend after the initial cross-up/cross-down over the middle-line respectively. This means that if the Baseline trend then moves against the Double Smoothed Stochastic then any continuation signals are voided until another initial Long/Short. All continuations are will either show as regular continuations or be converted into recovery continuations
***All signals are shown regardless of Volatility/Volume qualification
****When the Baseline filter is active, some regular continuations are converted to recovery continuations and are shown. When the Baseline filter is not active, then these signals are not shown.
Confirmation 2 Signal
Initial Long (L): Double Smoothed Stochastic crosses-up over middle-line*
Initial Short (S): Double Smoothed Stochastic crosses-down under middle-line*
Continuation Long (CL): Double Smoothed Stochastic is over middle-line, then crosses-up over the signal**
Continuation Short (CS): Double Smoothed Stochastic is under middle-line, then crosses-down under the signal**
Post Baseline Cross Long (BL): Double Smoothed Stochastic crossed-up over middle-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars***
Post Baseline Cross Short (BS): Double Smoothed Stochastic crossed-down under middle-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars***
BL Recovery Continuation Long (RL): Double Smoothed Stochastic is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while Double Smoothed Stochastic is still above middle-line; then, Double Smoothed Stochastic crosses-up over the signal****
BL Recovery Continuation Short (RS): Double Smoothed Stochastic is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while Double Smoothed Stochastic is still below middle-line; then, Double Smoothed Stochastic crosses-down under the signal****
*All signals are shown regardless of Baseline and Volatility/Volume qualification
**All signals are shown regardless of Baseline qualification; however, when Baseline filter is active, only true continuations are shown. When the Baseline filter is not active, then all continuations are shown. True continuations are when the Baseline is active and maintains its uptrend/downtrend after the initial cross-up/cross-down over the middle-line respectively. This means that if the Baseline trend then moves against the Double Smoothed Stochastic then any continuation signals are voided until another initial Long/Short. All continuations are will either show as regular continuations or be converted into recovery continuations
***All signals are shown regardless of Volatility/Volume qualification
****When the Baseline filter is active, some regular continuations are converted to recovery continuations and are shown. When the Baseline filter is not active, then these signals are not shown.
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Long (L): The imported GKD-C Confirmation 1 indicator crosses-up over middle-line, then Double Smoothed Stochastic crosses-up over the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Initial Short (S): The imported GKD-C Confirmation 1 indicator crosses-down under middle-line, then Double Smoothed Stochastic crosses-down under the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Continuation Long Confirmation 1 (CL): The imported GKD-C Confirmation 1 indicator is over middle-line, then crosses-up over the signal
Continuation Short Confirmation 1 (CS): The imported GKD-C Confirmation 1 indicator is under middle-line, then crosses-down under the signal
Post Baseline Cross Long (BL): The imported GKD-C Confirmation 1 crossed-up over middle-line but Baseline is still in downtrend; and Double Smoothed Stochastic crossed-up over middle-line on the same bar or XX bars in the future but Baseline is still in downtrend; then Baseline turns to uptrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Post Baseline Cross Short (BS): The imported GKD-C Confirmation 1 crossed-down under middle-line but Baseline is still in uptrend; and, Double Smoothed Stochastic crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
BL Recovery Continuation Long (RL): The imported GKD-C Confirmation 1 indicator is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while Double Smoothed Stochastic is still above middle-line; then, The imported GKD-C Confirmation 1 crosses-up over the signal
BL Recovery Continuation Short (RS): The imported GKD-C Confirmation 1 indicator is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while Double Smoothed Stochastic is still below middle-line; then, The imported GKD-C Confirmation 1 crosses-down under the signal
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 2
Initial Long (L): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Short (S): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Continuation Long Confirmation 2 (CL): Double Smoothed Stochastic is over middle-line, then crosses-up over the signal
Continuation Short Confirmation 2 (CS): Double Smoothed Stochastic is under middle-line, then crosses-down under the signal
Post Baseline Cross Long (BL): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Post Baseline Cross Short (BS): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
BL Recovery Continuation Long (RL): Double Smoothed Stochastic is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, Double Smoothed Stochastic crosses-up over the signal
BL Recovery Continuation Short (RS): Double Smoothed Stochastic is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, Double Smoothed Stochastic crosses-down under the signal
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Both
Initial Long (L): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Short (S): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Continuation Long Confirmation 2 (CL): The imported GKD-C Confirmation 1 indicator is over middle-line, then crosses-up over the signal; Double Smoothed Stochastic is over middle-line, then crosses-up over the signal within "Number of Bars Confirmation" bars in the future
Continuation Short Confirmation 2 (CS): The imported GKD-C Confirmation 1 indicator is under middle-line, then crosses-down under the signal; Double Smoothed Stochastic is under middle-line, then crosses-down under the signal within "Number of Bars Confirmation" bars in the future
Post Baseline Cross Long (BL): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Post Baseline Cross Short (BS): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
BL Recovery Continuation Long (RL): The imported GKD-C Confirmation 1 indicator is above middle-line and Double Smoothed Stochastic is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, the imported GKD-C Confirmation 1 crosses-up over its signal, and Double Smoothed Stochastic crosses-up over its signal within "Number of Bars Confirmation" bars in the future
BL Recovery Continuation Short (RS): The imported GKD-C Confirmation 1 indicator is below middle-line and Double Smoothed Stochastic is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, the imported GKD-C Confirmation 1 crosses-down under its signal, and Double Smoothed Stochastic crosses-down under its signal within "Number of Bars Confirmation" bars in the future
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Both; Confirmation Type: (continuations don't change from the variations above)
Initial Long (L): The imported GKD-C Confirmation 1 indicator crosses-up over middle-line, then Double Smoothed Stochastic crosses-up over the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below); OR, Double Smoothed Stochastic crosses-up over middle-line, then the imported GKD-C Confirmation 1 indicator crosses-up over the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Initial Short (S): The imported GKD-C Confirmation 1 indicator crosses-down under middle-line, then Double Smoothed Stochastic crosses-down under the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below); OR, Double Smoothed Stochastic crosses-down under middle-line, then the imported GKD-C Confirmation 1 indicator crosses-down under the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Post Baseline Cross Long (BL): The imported GKD-C Confirmation 1 crossed-down under middle-line but Baseline is still in uptrend; and, Double Smoothed Stochastic crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below); OR, Double Smoothed Stochastic crossed-down under middle-line but Baseline is still in uptrend; and, the imported GKD-C Confirmation 1 crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Post Baseline Cross Short (BS): The imported GKD-C Confirmation 1 crossed-down under middle-line but Baseline is still in uptrend; and, Double Smoothed Stochastic crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below); OR, Double Smoothed Stochastic crossed-down under middle-line but Baseline is still in uptrend; and, the imported GKD-C Confirmation 1 crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Solo Confirmation Signals
Initial Long (L): Double Smoothed Stochastic crosses-up over middle-line
Initial Short (S): Double Smoothed Stochastic crosses-down under middle-line
Continuation Long (CL): Double Smoothed Stochastic is over middle-line, then crosses-up over the signal
Continuation Short (CS): Double Smoothed Stochastic is under middle-line, then crosses-down under the signal
Post Baseline Cross Long (BL): Double Smoothed Stochastic crossed-up over middle-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars
Post Baseline Cross Short (BS): Double Smoothed Stochastic crossed-down under middle-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars
BL Recovery Continuation Long (RL): Double Smoothed Stochastic above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while Double Smoothed Stochastic is still above middle-line
BL Recovery Continuation Short (RS): Double Smoothed Stochastic below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while Double Smoothed Stochastic is still below middle-line
X-bar Rule settings
This rule only applies when this indicator "Confirmation Type" set to "Confirmation 2"
Requirements
Inputs: Confirmation 1 and Solo Confirmation: GKD-V Volatility/Volume indicator; Confirmation 2: GKD-C Confirmation indicator
Output: Confirmation 2 and Solo Confirmation: GKD-E Exit indicator; Confirmation 1: GKD-C Confirmation indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C DiNapoli Stochastic [Loxx]Giga Kaleidoscope DiNapoli Stochastic Confirmation is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend (such as "Baseline" shown on the chart above)
3. Confirmation 1 - a technical indicator used to identify trends. This should agree with the "Baseline"
4. Confirmation 2 - a technical indicator used to identify trends. This filters/verifies the trend identified by "Baseline" and "Confirmation 1"
5. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
6. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 module (Confirmation 1/2, Numbers 3 and 4 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 5 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 6 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Leader Exponential Moving Average as shown on chart
Volatility/Volume: Volatility Ratio as shown on chart
Confirmation 1: DiNapoli Stochastic as shown on the chart above
Confirmation 2: Jurik Turning Point Oscillator
Exit: Rex Oscillator
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Now that you have a general understanding of the NNFX algorithm and the GKD trading system. Let's go over what's inside the GKD-E DiNapoli Stochastic itself.
What is DiNapoli Stochastic?
The DiNapoli Stochastic demonstrates smoother indicators and therefore gives fewer false signals in comparison with the traditional oscillator.
The indicator is written in accordance with the description given in the book by Joe Dinapoli "Trading With DiNapoli Levels". This oscillator smoothing method leads to a filtering of the most "noise" component of the price movement.
The DiNapoli Stochastic indicator can be used in the strategies oriented to a standard stochastic. However, the stronger smoothing can lead to the loss of an array of signals. It is recommended to apply any trend indicator for more efficient use of the indicator and its signals filtering.
Signals
A GKD-C Confirmation indicator can be used as either a Confirmation 1, Confirmation 2, or Solo Confirmation indicator. See step 3 & 4 of the NNFX algorithm above to understand how this indicator fits into the GKD trading system. The Solo Confirmation setting allows you to test this indicator by itself without an additional GKD-C indicator present in the GKD protocol chain.
On the chart shown above, this indicator is shown as GKD-C DiNapoli Stochastic and is set to Solo Confirmation. The GKD-B Baseline, GKD-V Volatility Ratio, and this indicator satisfy the first three steps in the GKD trading system chain: GKD-B => GKD-V => GKD-C(solo).
The signals from each of these settings are as follows:
Confirmation 1 Signal
Initial Long (L): DiNapoli Stochastic crosses-up over middle-line*
Initial Short (S): DiNapoli Stochastic crosses-down under middle-line*
Continuation Long (CL): DiNapoli Stochastic is over middle-line, then crosses-up over the signal**
Continuation Short (CS): DiNapoli Stochastic is under middle-line, then crosses-down under the signal**
Post Baseline Cross Long (BL): DiNapoli Stochastic crossed-up over middle-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars***
Post Baseline Cross Short (BS): DiNapoli Stochastic crossed-down under middle-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars***
BL Recovery Continuation Long (RL): DiNapoli Stochastic is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, DiNapoli Stochastic crosses-up over the signal****
BL Recovery Continuation Short (RS): DiNapoli Stochastic is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, DiNapoli Stochastic crosses-down under the signal****
*All signals are shown regardless of Baseline and Volatility/Volume qualification
**All signals are shown regardless of Baseline qualification; however, when Baseline filter is active, only true continuations are shown. When the Baseline filter is not active, then all continuations are shown. True continuations are when the Baseline is active and maintains its uptrend/downtrend after the initial cross-up/cross-down over the middle-line respectively. This means that if the Baseline trend then moves against the DiNapoli Stochastic then any continuation signals are voided until another initial Long/Short. All continuations are will either show as regular continuations or be converted into recovery continuations
***All signals are shown regardless of Volatility/Volume qualification
****When the Baseline filter is active, some regular continuations are converted to recovery continuations and are shown. When the Baseline filter is not active, then these signals are not shown.
Confirmation 2 Signal
Initial Long (L): DiNapoli Stochastic crosses-up over middle-line*
Initial Short (S): DiNapoli Stochastic crosses-down under middle-line*
Continuation Long (CL): DiNapoli Stochastic is over middle-line, then crosses-up over the signal**
Continuation Short (CS): DiNapoli Stochastic is under middle-line, then crosses-down under the signal**
Post Baseline Cross Long (BL): DiNapoli Stochastic crossed-up over middle-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars***
Post Baseline Cross Short (BS): DiNapoli Stochastic crossed-down under middle-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars***
BL Recovery Continuation Long (RL): DiNapoli Stochastic is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while DiNapoli Stochastic is still above middle-line; then, DiNapoli Stochastic crosses-up over the signal****
BL Recovery Continuation Short (RS): DiNapoli Stochastic is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while DiNapoli Stochastic is still below middle-line; then, DiNapoli Stochastic crosses-down under the signal****
*All signals are shown regardless of Baseline and Volatility/Volume qualification
**All signals are shown regardless of Baseline qualification; however, when Baseline filter is active, only true continuations are shown. When the Baseline filter is not active, then all continuations are shown. True continuations are when the Baseline is active and maintains its uptrend/downtrend after the initial cross-up/cross-down over the middle-line respectively. This means that if the Baseline trend then moves against the DiNapoli Stochastic then any continuation signals are voided until another initial Long/Short. All continuations are will either show as regular continuations or be converted into recovery continuations
***All signals are shown regardless of Volatility/Volume qualification
****When the Baseline filter is active, some regular continuations are converted to recovery continuations and are shown. When the Baseline filter is not active, then these signals are not shown.
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Long (L): The imported GKD-C Confirmation 1 indicator crosses-up over middle-line, then DiNapoli Stochastic crosses-up over the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Initial Short (S): The imported GKD-C Confirmation 1 indicator crosses-down under middle-line, then DiNapoli Stochastic crosses-down under the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Continuation Long Confirmation 1 (CL): The imported GKD-C Confirmation 1 indicator is over middle-line, then crosses-up over the signal
Continuation Short Confirmation 1 (CS): The imported GKD-C Confirmation 1 indicator is under middle-line, then crosses-down under the signal
Post Baseline Cross Long (BL): The imported GKD-C Confirmation 1 crossed-up over middle-line but Baseline is still in downtrend; and DiNapoli Stochastic crossed-up over middle-line on the same bar or XX bars in the future but Baseline is still in downtrend; then Baseline turns to uptrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Post Baseline Cross Short (BS): The imported GKD-C Confirmation 1 crossed-down under middle-line but Baseline is still in uptrend; and, DiNapoli Stochastic crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
BL Recovery Continuation Long (RL): The imported GKD-C Confirmation 1 indicator is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while DiNapoli Stochastic is still above middle-line; then, The imported GKD-C Confirmation 1 crosses-up over the signal
BL Recovery Continuation Short (RS): The imported GKD-C Confirmation 1 indicator is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while DiNapoli Stochastic is still below middle-line; then, The imported GKD-C Confirmation 1 crosses-down under the signal
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 2
Initial Long (L): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Short (S): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Continuation Long Confirmation 2 (CL): DiNapoli Stochastic is over middle-line, then crosses-up over the signal
Continuation Short Confirmation 2 (CS): DiNapoli Stochastic is under middle-line, then crosses-down under the signal
Post Baseline Cross Long (BL): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Post Baseline Cross Short (BS): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
BL Recovery Continuation Long (RL): DiNapoli Stochastic is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, DiNapoli Stochastic crosses-up over the signal
BL Recovery Continuation Short (RS): DiNapoli Stochastic is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, DiNapoli Stochastic crosses-down under the signal
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Both
Initial Long (L): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Short (S): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Continuation Long Confirmation 2 (CL): The imported GKD-C Confirmation 1 indicator is over middle-line, then crosses-up over the signal; DiNapoli Stochastic is over middle-line, then crosses-up over the signal within "Number of Bars Confirmation" bars in the future
Continuation Short Confirmation 2 (CS): The imported GKD-C Confirmation 1 indicator is under middle-line, then crosses-down under the signal; DiNapoli Stochastic is under middle-line, then crosses-down under the signal within "Number of Bars Confirmation" bars in the future
Post Baseline Cross Long (BL): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Post Baseline Cross Short (BS): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
BL Recovery Continuation Long (RL): The imported GKD-C Confirmation 1 indicator is above middle-line and DiNapoli Stochastic is above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, the imported GKD-C Confirmation 1 crosses-up over its signal, and DiNapoli Stochastic crosses-up over its signal within "Number of Bars Confirmation" bars in the future
BL Recovery Continuation Short (RS): The imported GKD-C Confirmation 1 indicator is below middle-line and DiNapoli Stochastic is below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, the imported GKD-C Confirmation 1 crosses-down under its signal, and DiNapoli Stochastic crosses-down under its signal within "Number of Bars Confirmation" bars in the future
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Both; Confirmation Type: (continuations don't change from the variations above)
Initial Long (L): The imported GKD-C Confirmation 1 indicator crosses-up over middle-line, then DiNapoli Stochastic crosses-up over the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below); OR, DiNapoli Stochastic crosses-up over middle-line, then the imported GKD-C Confirmation 1 indicator crosses-up over the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Initial Short (S): The imported GKD-C Confirmation 1 indicator crosses-down under middle-line, then DiNapoli Stochastic crosses-down under the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below); OR, DiNapoli Stochastic crosses-down under middle-line, then the imported GKD-C Confirmation 1 indicator crosses-down under the middle-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Post Baseline Cross Long (BL): The imported GKD-C Confirmation 1 crossed-down under middle-line but Baseline is still in uptrend; and, DiNapoli Stochastic crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below); OR, DiNapoli Stochastic crossed-down under middle-line but Baseline is still in uptrend; and, the imported GKD-C Confirmation 1 crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Post Baseline Cross Short (BS): The imported GKD-C Confirmation 1 crossed-down under middle-line but Baseline is still in uptrend; and, DiNapoli Stochastic crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below); OR, DiNapoli Stochastic crossed-down under middle-line but Baseline is still in uptrend; and, the imported GKD-C Confirmation 1 crossed-down under middle-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Solo Confirmation Signals
Initial Long (L): DiNapoli Stochastic crosses-up over middle-line
Initial Short (S): DiNapoli Stochastic crosses-down under middle-line
Continuation Long (CL): DiNapoli Stochastic is over middle-line, then crosses-up over the signal
Continuation Short (CS): DiNapoli Stochastic is under middle-line, then crosses-down under the signal
Post Baseline Cross Long (BL): DiNapoli Stochastic crossed-up over middle-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars
Post Baseline Cross Short (BS): DiNapoli Stochastic crossed-down under middle-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars
BL Recovery Continuation Long (RL): DiNapoli Stochastic above middle-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while DiNapoli Stochastic is still above middle-line
BL Recovery Continuation Short (RS): DiNapoli Stochastic below middle-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while DiNapoli Stochastic is still below middle-line
X-bar Rule settings
This rule only applies when this indicator "Confirmation Type" set to "Confirmation 2"
Requirements
Inputs: Confirmation 1 and Solo Confirmation: GKD-V Volatility/Volume indicator; Confiration 2: GKD-C Confirmation indicator
Output: Confirmation 2 and Solo Confirmation: GKD-E Exit indicator; Confiration 1: GKD-C Confirmation indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
GKD-C Fisher Transform [Loxx]Giga Kaleidoscope Fisher Transform Confirmation is a Confirmation module included in Loxx's "Giga Kaleidoscope Modularized Trading System".
What is Loxx's "Giga Kaleidoscope Modularized Trading System"?
The Giga Kaleidoscope Modularized Trading System is a trading system built on the philosophy of the NNFX (No Nonsense Forex) algorithmic trading.
What is an NNFX algorithmic trading strategy?
The NNFX algorithm is built on the principles of trend, momentum, and volatility. There are six core components in the NNFX trading algorithm:
1. Volatility - price volatility; e.g., Average True Range, True Range Double, Close-to-Close, etc.
2. Baseline - a moving average to identify price trend (such as "Baseline" shown on the chart above)
3. Confirmation 1 - a technical indicator used to identify trends. This should agree with the "Baseline"
4. Confirmation 2 - a technical indicator used to identify trends. This filters/verifies the trend identified by "Baseline" and "Confirmation 1"
5. Volatility/Volume - a technical indicator used to identify volatility/volume breakouts/breakdown.
6. Exit - a technical indicator used to determine when a trend is exhausted.
How does Loxx's GKD (Giga Kaleidoscope Modularized Trading System) implement the NNFX algorithm outlined above?
Loxx's GKD v1.0 system has five types of modules (indicators/strategies). These modules are:
1. GKD-BT - Backtesting module (Volatility, Number 1 in the NNFX algorithm)
2. GKD-B - Baseline module (Baseline and Volatility/Volume, Numbers 1 and 2 in the NNFX algorithm)
3. GKD-C - Confirmation 1/2 module (Confirmation 1/2, Numbers 3 and 4 in the NNFX algorithm)
4. GKD-V - Volatility/Volume module (Confirmation 1/2, Number 5 in the NNFX algorithm)
5. GKD-E - Exit module (Exit, Number 6 in the NNFX algorithm)
(additional module types will added in future releases)
Each module interacts with every module by passing data between modules. Data is passed between each module as described below:
GKD-B => GKD-V => GKD-C(1) => GKD-C(2) => GKD-E => GKD-BT
That is, the Baseline indicator passes its data to Volatility/Volume. The Volatility/Volume indicator passes its values to the Confirmation 1 indicator. The Confirmation 1 indicator passes its values to the Confirmation 2 indicator. The Confirmation 2 indicator passes its values to the Exit indicator, and finally, the Exit indicator passes its values to the Backtest strategy.
This chaining of indicators requires that each module conform to Loxx's GKD protocol, therefore allowing for the testing of every possible combination of technical indicators that make up the six components of the NNFX algorithm.
What does the application of the GKD trading system look like?
Example trading system:
Backtest: Strategy with 1-3 take profits, trailing stop loss, multiple types of PnL volatility, and 2 backtesting styles
Baseline: Hull Moving Average
Volatility/Volume: Volatility Ratio
Confirmation 1: Fisher Transform as shown on the chart above
Confirmation 2: Vortex
Exit: Fisher Transform
Each GKD indicator is denoted with a module identifier of either: GKD-BT, GKD-B, GKD-C, GKD-V, or GKD-E. This allows traders to understand to which module each indicator belongs and where each indicator fits into the GKD protocol chain.
Now that you have a general understanding of the NNFX algorithm and the GKD trading system. Let's go over what's inside the GKD-E Fisher Transform itself.
What is Fisher Transform?
The Fisher Transform is a technical indicator created by John F. Ehlers that converts prices into a Gaussian normal distribution. The indicator highlights when prices have moved to an extreme, based on recent prices. This may help in spotting turning points in the price of an asset.
What's different in this version?
This version also includes Loxx's Exotic Source Types. You can read about these sources here:
Signals
A GKD-C Confirmation indicator can be used as either a Confirmation 1, Confirmation 2, or Solo Confirmation indicator. See step 3 & 4 of the NNFX algorithm above to understand how this indicator fits into the GKD trading system. The Solo Confirmation setting allows you to test this indicator by itself without an additional GKD-C indicator present in the GKD protocol chain.
On the chart shown above, this indicator is shown as GKD-C Fisher Transform and is set to Solo Confirmation. The GKD-B Baseline, GKD-V Volatility Ratio, and this indicator satisfy the first three steps in the GKD trading system chain: GKD-B => GKD-V => GKD-C(solo).
The signals from each of these settings are as follows:
Confirmation 1 Signal
Initial Long (L): Fisher crosses-up over zero-line*
Initial Short (S): Fisher crosses-down under zero-line*
Continuation Long (CL): Fisher is over zero-line, then crosses-up over the signal**
Continuation Short (CS): Fisher is under zero-line, then crosses-down under the signal**
Post Baseline Cross Long (BL): Fisher crossed-up over zero-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars***
Post Baseline Cross Short (BS): Fisher crossed-down under zero-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars***
BL Recovery Continuation Long (RL): Fisher is above zero-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, Fisher crosses-up over the signal****
BL Recovery Continuation Short (RS): Fisher is below zero-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, Fisher crosses-down under the signal****
*All signals are shown regardless of Baseline and Volatility/Volume qualification
**All signals are shown regardless of Baseline qualification; however, when Baseline filter is active, only true continuations are shown. When the Baseline filter is not active, then all continuations are shown. True continuations are when the Baseline is active and maintains its uptrend/downtrend after the initial cross-up/cross-down over the zero-line respectively. This means that if the Baseline trend then moves against the Fisher Transform then any continuation signals are voided until another initial Long/Short. All continuations are will either show as regular continuations or be converted into recovery continuations
***All signals are shown regardless of Volatility/Volume qualification
****When the Baseline filter is active, some regular continuations are converted to recovery continuations and are shown. When the Baseline filter is not active, then these signals are not shown.
Confirmation 2 Signal
Initial Long (L): Fisher crosses-up over zero-line*
Initial Short (S): Fisher crosses-down under zero-line*
Continuation Long (CL): Fisher is over zero-line, then crosses-up over the signal**
Continuation Short (CS): Fisher is under zero-line, then crosses-down under the signal**
Post Baseline Cross Long (BL): Fisher crossed-up over zero-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars***
Post Baseline Cross Short (BS): Fisher crossed-down under zero-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars***
BL Recovery Continuation Long (RL): Fisher is above zero-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while Fisher is still above zero-line; then, Fisher crosses-up over the signal****
BL Recovery Continuation Short (RS): Fisher is below zero-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while Fisher is still below zero-line; then, Fisher crosses-down under the signal****
*All signals are shown regardless of Baseline and Volatility/Volume qualification
**All signals are shown regardless of Baseline qualification; however, when Baseline filter is active, only true continuations are shown. When the Baseline filter is not active, then all continuations are shown. True continuations are when the Baseline is active and maintains its uptrend/downtrend after the initial cross-up/cross-down over the zero-line respectively. This means that if the Baseline trend then moves against the Fisher Transform then any continuation signals are voided until another initial Long/Short. All continuations are will either show as regular continuations or be converted into recovery continuations
***All signals are shown regardless of Volatility/Volume qualification
****When the Baseline filter is active, some regular continuations are converted to recovery continuations and are shown. When the Baseline filter is not active, then these signals are not shown.
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Long (L): The imported GKD-C Confirmation 1 indicator crosses-up over zero-line, then Fisher Transform crosses-up over the zero-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Initial Short (S): The imported GKD-C Confirmation 1 indicator crosses-down under zero-line, then Fisher Transform crosses-down under the zero-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Continuation Long Confirmation 1 (CL): The imported GKD-C Confirmation 1 indicator is over zero-line, then crosses-up over the signal
Continuation Short Confirmation 1 (CS): The imported GKD-C Confirmation 1 indicator is under zero-line, then crosses-down under the signal
Post Baseline Cross Long (BL): The imported GKD-C Confirmation 1 crossed-up over zero-line but Baseline is still in downtrend; and Fisher crossed-up over zero-line on the same bar or XX bars in the future but Baseline is still in downtrend; then Baseline turns to uptrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Post Baseline Cross Short (BS): The imported GKD-C Confirmation 1 crossed-down under zero-line but Baseline is still in uptrend; and, Fisher crossed-down under zero-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
BL Recovery Continuation Long (RL): The imported GKD-C Confirmation 1 indicator is above zero-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while Fisher is still above zero-line; then, The imported GKD-C Confirmation 1 crosses-up over the signal
BL Recovery Continuation Short (RS): The imported GKD-C Confirmation 1 indicator is below zero-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while Fisher is still below zero-line; then, The imported GKD-C Confirmation 1 crosses-down under the signal
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 2
Initial Long (L): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Short (S): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Continuation Long Confirmation 2 (CL): Fisher is over zero-line, then crosses-up over the signal
Continuation Short Confirmation 2 (CS): Fisher is under zero-line, then crosses-down under the signal
Post Baseline Cross Long (BL): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Post Baseline Cross Short (BS): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
BL Recovery Continuation Long (RL): Fisher is above zero-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, Fisher crosses-up over the signal
BL Recovery Continuation Short (RS): Fisher is below zero-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, Fisher crosses-down under the signal
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Both
Initial Long (L): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Initial Short (S): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Continuation Long Confirmation 2 (CL): The imported GKD-C Confirmation 1 indicator is over zero-line, then crosses-up over the signal; Fisher is over zero-line, then crosses-up over the signal within "Number of Bars Confirmation" bars in the future
Continuation Short Confirmation 2 (CS): The imported GKD-C Confirmation 1 indicator is under zero-line, then crosses-down under the signal; Fisher is under zero-line, then crosses-down under the signal within "Number of Bars Confirmation" bars in the future
Post Baseline Cross Long (BL): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
Post Baseline Cross Short (BS): same as Confirmation 2 Confluence Background Color Signals; Confirmation Order: Regular; Confirmation Type: Confirmation 1
BL Recovery Continuation Long (RL): The imported GKD-C Confirmation 1 indicator is above zero-line and Fisher is above zero-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend; then, the imported GKD-C Confirmation 1 crosses-up over its signal, and Fisher crosses-up over its signal within "Number of Bars Confirmation" bars in the future
BL Recovery Continuation Short (RS): The imported GKD-C Confirmation 1 indicator is below zero-line and Fisher is below zero-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend; then, the imported GKD-C Confirmation 1 crosses-down under its signal, and Fisher crosses-down under its signal within "Number of Bars Confirmation" bars in the future
Confirmation 2 Confluence Background Color Signals; Confirmation Order: Both; Confirmation Type: (continuations don't change from the variations above)
Initial Long (L): The imported GKD-C Confirmation 1 indicator crosses-up over zero-line, then Fisher Transform crosses-up over the zero-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below); OR, Fisher crosses-up over zero-line, then the imported GKD-C Confirmation 1 indicator crosses-up over the zero-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Initial Short (S): The imported GKD-C Confirmation 1 indicator crosses-down under zero-line, then Fisher Transform crosses-down under the zero-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below); OR, Fisher crosses-down under zero-line, then the imported GKD-C Confirmation 1 indicator crosses-down under the zero-line on the same bar or "Number of Bars Confirmation" bars in the future (see X-bar rule below)
Post Baseline Cross Long (BL): The imported GKD-C Confirmation 1 crossed-down under zero-line but Baseline is still in uptrend; and, Fisher crossed-down under zero-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below); OR, Fisher crossed-down under zero-line but Baseline is still in uptrend; and, the imported GKD-C Confirmation 1 crossed-down under zero-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Post Baseline Cross Short (BS): The imported GKD-C Confirmation 1 crossed-down under zero-line but Baseline is still in uptrend; and, Fisher crossed-down under zero-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below); OR, Fisher crossed-down under zero-line but Baseline is still in uptrend; and, the imported GKD-C Confirmation 1 crossed-down under zero-line on the same bar or XX bars in the future but Baseline is still in uptrend; then Baseline turns to downtrend within "Maximum Allowable PSBC Bars Back" bars (see X-bar rule below)
Solo Confirmation Signals
Initial Long (L): Fisher crosses-up over zero-line
Initial Short (S): Fisher crosses-down under zero-line
Continuation Long (CL): Fisher is over zero-line, then crosses-up over the signal
Continuation Short (CS): Fisher is under zero-line, then crosses-down under the signal
Post Baseline Cross Long (BL): Fisher crossed-up over zero-line but Baseline is still in downtrend, then Baseline turns to uptrend within XX bars
Post Baseline Cross Short (BS): Fisher crossed-down under zero-line but Baseline is still in uptrend, then Baseline turns to downtrend within XX bars
BL Recovery Continuation Long (RL): Fisher above zero-line. Baseline already crossed down into downtrend, then baseline crosses back up to uptrend while Fisher is still above zero-line
BL Recovery Continuation Short (RS): Fisher below zero-line. Baseline already crossed up into uptrend, then baseline crosses back down to downtrend while Fisher is still below zero-line
X-bar Rule settings
This rule only applies when this indicator "Confirmation Type" set to "Confirmation 2"
Requirements
Inputs: Confirmation 1 and Solo Confirmation: GKD-V Volatility/Volume indicator; Confirmation 2: GKD-C Confirmation indicator
Output: Confirmation 2 and Solo Confirmation: GKD-E Exit indicator; Confirmation 1: GKD-C Confirmation indicator
Additional features will be added in future releases.
This indicator is only available to ALGX Trading VIP group members . You can see the Author's Instructions below to get more information on how to get access.
