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Let me see if I get this straight... here we have three vma "base lines" with diferent inputs plotted on this 1 min chart... could you tell me what inputs each one have ?
It is clear that the three lines are having diferent rolls and they all get combined into one particular trend trade...
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Ok you got it right but you are also a step ahead.
Will do the first step here then come back to the second step.
They do overlap yes...
The first question is only about how close you want the black line on your VMA indicator to be to a trending price.
I tried to show you how it can be so close it gets really mixed in with the price and so far away that it is real smooth.
The close one shows detail, but is that what you want to see?
Or is it better to have a smoother line that shows trend, but ignores the detail?
I don't know which is best yet.
I am saying you can chose to have your black base line following either a detailed path like yellow, or a smoother "trendy" path like either blue or magenta.
It is something that can be chosen, so think about which ONE of the THREE lines would be best as your black line when there is a trend.
It wasn't the best picture. I have seen sometimes when comparing VT to Igorad that sometimes one had a smoother line up between ladder steps, while the other had more wiggles in it, like mini steps on the way up.
So do you want mini steps or smooth?
I don't have an opinion yet.... would like to hear others.
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OK, now the second part IS about having multiple VMA lines on a 1 min chart.
But that needs to be discussed on its own and it has more to do with the flat bit and the shoulders going into or out of the flat bit.
I did post a picture on the other thread that introduced that line of thinking.
I want to take it a lot further because it has possibilities.
One possiblity is that, in addition to your black line which is flat, you can also have a few more lines, maybe one that works a bit faster so it doesn't stay so flat but it may give you an early warning before your black base line turns up or down into a new trend. That may not be keeping it simple, but it might still be handy.
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A third possibilty is replacing the fantail we have now with a fantail of VMA lines. Now there is one scenario where this might give you an exit price guide when trading a recovery. Its too many things to think about, they need to be split up and developed. I suspect a VMA fantail may be more useful than the fantail we have now. Scalping the swings either side of the flat line may also come into it. Dude, it gets all mixed up, overload, meltdown, kablooowweee
One at a time, keep it simple, argh, I should be so lucky
Pass me a banana someone please...