Playing with the VMAR`s open research

[walterw]

Originally Posted by PYenner Midas is an amazing concept, getting rid of the time variable altogether and using volume in its place. When I can get my head around it, I think that will answer some difficult questions for me that are all about reading the market. Could be very powerful if understood and exploited properly, you have a good eye for this stuff.

jejeje... yes Bruce, its certainly a Hidden Gem ¡¡ at least Paul Levine left that very nice educational material wich creates a very nice base to start from...

Now remeber to use hat man ... jejeejje... cheers Walter.

[homestudy]

Just saw them and wanted to try to help this great thread. I have been following it from day one. Hats off to you guys this work is amazing!

HS

[walterw]

Originally Posted by homestudy Just saw them and wanted to try to help this great thread. I have been following it from day one. Hats off to you guys this work is amazing! HS

Thanks a lot HS ¡¡ its nice to see this good will from you... cheers Walter.

[PYenner]

Walter
Question time.
I have only found eld vwap files and they are encripted so I cant read them.
Need an idea about what user settings are needed especially for starting or restarting at what(?) location.

eg Looks like jperl was using a 51 bar setting on 2min chart for volume distribution history so I assume vwap used the same setting, so if we use 1min chart, that means start on current bar and read previous 102 bars (2hrs) of data.

Alternative is to have a user setting for "start x bars back from current bar"
and sample "y bars of history".

What controls do you need to get the thing to start/restart on a pivot point or time or price or back/forward x bars, what???

[Blu-Ray]

PYenner

I'll send you a PM with the code of the ELD.

Hope this helps

Blu-Ray

[walterw]

Originally Posted by PYenner Alternative is to have a user setting for "start x bars back from current bar" and sample "y bars of history". What controls do you need to get the thing to start/restart on a pivot point or time or price or back/forward x bars, what???

we could input date and time could we ?

Originally Posted by Blu-Ray PYenner I'll send you a PM with the code of the ELD. Hope this helps Blu-Ray

I will apreciate that Blu...


I am smelling Midas here Bruce ? jejej cheers Walter.

[PYenner]

Blu-Ray
Thanks heaps.

Walter
The three platforms I run here use three different midnights, none is est.
Even the two that are close to GMT differ by an hour.
One seems to have different "midnights" for each pair, arghhh*#.
This is the United Nations here...

Date and time might be the best.
People will have to work out their own time offsets somehow if they want to use a common "midnight" or any other "time".

There is a hazard here with the way MT4 remembers your last settings, may have to find a way around it or... you go on holiday for a week, come back, start MT4 and it takes 2 hours to start because it is running 200 SDs per bar on a weeks worth of bars on every chart you left vmar running on, bit of a time bomb especially on 1min charts, we will see.

Yes Midas is calling me too.
Vwap looks like the "time diluted" version of Midas.
Excel may be needed for midas, got it but don't know how to use it yet.
Some Chimp is keeping me busy...

There is a possible problem with forex volume, the gap data, in between the bars. I do not know if the bar data includes the volume data from the gap. I only know the bar data does not include the price data from the gap ticks. I need to find the answer before I start using volume big time.

MT4 does not have crash protection against division by zero, it locks the computer, you have to reboot then your default template is corrupt and it doesn't even know what charts or indis you were running, uses the next best template it can find, big mess. Gunna have to be extra thoughtful with this stuff. Taking a simple approach could have nasty consequences.

[walterw]

Well dont go nuts Bruce... its clear that mt4 has its limitations... I dont want to distract you too much on this... you know we have more than enough good arsenal to trade fine at this point... you see if its worth it the time and work... thanks for your great disposition Bruce ¡¡ cheers Walter.

[PYenner]

Walter
I am strongly suspicious of statistics for predicting the future.
I have seen many times how support can become resistance but that does not mean that statistics had anything to do with it.
It will lose my confidence completely once it gets much past 2SD's.
Relying on 3 SDs to tell you anything reliable is unrealistic to anyone who understands SDs, but how many do?

It does look to have big plusses, that justifies it.
But I am fearful of encouraging misplaced trust in things that are not understood well enough by most people that they know when not to trust them.

[Blu-Ray]

Just to add something else into the mix , I've coded up the ADXVMA6 into a CCi.

Don't know if it will have any benefit, but you can play around with it, to see if you find it useful.

I've coded it up for TS and MT4 ( Don't hold your breath on the MT4 version ) as it's the first one I've got to work.

Test it and see..................


Cheers

Blu-Ray