The Chimp`s "Forex Trades"

[unicorn]

	Quote:	PYenner
	It is only the human preference for whole numbers that restricts the resolution,

TRUE. Then again these whole numbers correspond to bars and it makes a lot more sense to our technical analysis background to say that we apply a 6 bar stochastic to a 10 bar or 11 bar ema smoothed modified adx and all this is used to compute a 10 or 11 or 12 ema_period vma.

	Quote:	PYenner
	the ema number is an unrestrictive double and is not confined to integer values.

Indeed. I just cannot clearly understand what a 3.5 bar ema is;
well, yes it is an ema faster than a 4 bar ema and slower than a 3 bar ema; ok this is as far as I will interpret it.

But I may also point out that the adxvma(6) sometimes is a 7.5 bar ema and other times a 10.3 bar ema. Fine.

Lets do it for portability's shake.
The likely benefit will be an insightful observation by someone reading this thread.

What is amazing is that very few folks post charts, as if they are not sure it's worth their time ; perhaps readers are wondering if we are using a bona fide vma, or waiting for Walter to say "this is the final setting for this trade setup".
OR they are using this method to trade profitably and they think that we are overdoing it with this analysis.

cheers.
Unicorn.

[walterw]

So far at this point after some testings I am more inclined to use mt4 ...

its true I dont have tick charts there but still its good for forex vmar trading and I never had any data issues there... cant go live tradimng on a platform that sometimes haves 2 or 3 hours of data gap (forex data) ... its not responsable, I am very glad with all the super indicators we got there,I know they will be usefull for lot of people, still data issues are not good... cheers Walter.

[PYenner]

	Quote:	unicorn
	The likely benefit will be an insightful observation by someone reading this thread. What is amazing is that very few folks post charts, as if they are not sure it's worth their time ; perhaps readers are wondering if we are using a bona fide vma, or waiting for Walter to say "this is the final setting for this trade setup". OR they are using this method to trade profitably and they think that we are overdoing it with this analysis.

The insights and the analysis are good, necessary.
Posting charts and a trading log is not realistic for me.
I am trading it profitably and that is one priority.
I run two other businesses and them and their customers are also priorities.
The timing of the tidy up is a lesser priority for me because it has to be, I have prior obligations to many others particularly over the xmas silly season.
Bruce

[unicorn]

	Quote:	sundowner
	If you wouldn't mind, indulge me one more time and have a quick look at these charts... then I'll let things go. The basic concept here is classic support and resistance. My information comes from Martin Pring.

Sundowner;

I see divergence (warning of trend change);
Then I see trendline break (confirmation of trend change) thus EXIT.

I think that Pring is a good source for divergence.

Take it easy.
Unicorn.

[unicorn]

	Quote:	unicorn
	I see divergence (warning of trend change); Then I see trendline break (confirmation of trend change) thus EXIT.

Sundowner;

And this chart has the equivalent of adxvma(6) and adxvma(2) that I presume that you follow.

Take it easy.
Unicorn.

[sundowner]

Thanks for the input Unicorn, nice looking charts.

As you know I use metatrader, and if I understand correctly your divergence indicator does not translate. Trend line break ...very good idea.

Here's a trade I took this evening (Sunday about 6:00 pst)..if only they were all as stress free as this.

Thanks for your input this weekend guys. I appreciate it.

Have a nice week.

Regards

[unicorn]

	Quote:	sundowner
	As you know I use metatrader, and if I understand correctly your divergence indicator does not translate.

Sundowner;

the BOP indicator can be ported just fine.
you can certainly type the code for BOP and have your own indicator.


cheers.
Unicorn.

[cattus]

	Quote:	sundowner
	Thanks for the input Unicorn, nice looking charts. As you know I use metatrader, and if I understand correctly your divergence indicator does not translate. Trend line break ...very good idea. Here's a trade I took this evening (Sunday about 6:00 pst)..if only they were all as stress free as this. Thanks for your input this weekend guys. I appreciate it. Have a nice week. Regards

	Quote:	unicorn
	Sundowner; the BOP indicator can be ported just fine. you can certainly type the code for BOP and have your own indicator. cheers. Unicorn.

Hi sundowner.

Do you have a subscription in the section elite of TSD forum? I asked there for someone that code the BOP indicator, and igorad did the indicator. I know that the code is very easy, but as I am not a coder I preferred that a coder make the indicators. The result is a good indicator because the igorad's version permit us to pre-smooth the indicator and to choose the kind of a moving average that we can use.

If you do not have the subscription, I would have to ask him to permit us the free use of that indicator.

Cheers.

AgustÃÂ*n

[cattus]

	Quote:	cattus
	Hi sundowner. Do you have a subscription in the section elite of TSD forum? I asked there for someone that code the BOP indicator, and igorad did the indicator. I know that the code is very easy, but as I am not a coder I preferred that a coder make the indicators. The result is a good indicator because the igorad's version permit us to pre-smooth the indicator and to choose the kind of a moving average that we can use. If you do not have the subscription, I would have to ask him to permit us the free use of that indicator. Cheers. AgustÃÂ*n

This is an example of the BOP indicator for MT4...

[sundowner]

Hi Unicorn and Cattus,

Thank you both.

I am not a member of the elite section Cattus, but thanks. No worries.

Cheers