The Chimp`s "Forex Trades"

[cattus]

[quote=walterw;22591]I will get started with trend...

We need to have a clear trend definition in order to be confident to take any trade, be it trend or countertrend trade...

I will be using a 5 min chart and a 1 min chart for this aproach...

The 5 min chart help us to see the big picture, the 1 min takes us to the "specifics" of our trade...

So I will start with the 5 min chart showing how we determine trend there...

My 5 min chart its very simple, on the price pane we only have 3 lines...



This three lines are :

adxvma6_16 bar (40) (blue)
adxvma6_12 bar (4) (green)
tlomi non lag ma (9) (yellow)

Hi Walter.

Sorry, but I need some help.

I have the VarMA_v1.1. I don't know if you mention the same indicator like "adxvma6_16 bar (40)" and "adxvma6_12 bar(4)". If it is your indicator, could you please tell me the setup in the follow variables:
MA:Length
VarMA:Length
ADX:Length
ADX_Type
MA_Mode

And, where can I find the "tlomi non lag ma" indicator for MT4?

Thanks.

cattus

[walterw]

Cattus : as the thread evolves, I will soon post indis and templates... cheers Walter.

[walterw]

Ok... I continue here...

We have cycles that happen to start and end on inflections points... this cycles/inflections are clearly shown by a clean oscillator...

NOW... this inflections happen on a clear context where we can determine if we are about to take centrifugal or centripetal action in relation to the axis...

On the other hand we have a series of setups clearly designed for each given context...

Lets start with the Centrifugal context setups .. here we expect to see the price action traveling to the outside extreme from the axis... I normally call this trend trades because the movement is on the same direction of the side we are of the axis... Example: below axis, going down or above axis going up...

On this Centrifugal context the chimp is used to take two types of setups :

_Icon

_Continuation

very simple, this is the traditional trend trade where you buy the dips on an uptrend, sell the rallies on a downtrend... the icon actually is the "first" continuation after a cross of the axis... but basicly we take inflections of cycles on the direction of the trend on a Centrifugal action...

I asume you guys are somehow already familiar with the icon concept, in case of needing more info on it I would suggest the following readings http://www.traderslaboratory.com/for...rade-2147.html http://www.traderslaboratory.com/for...es-2364-9.html

So lets see an example today of some centrifugal setups (Icon and Continuation ) that gave us this plays from the axis to the outside... at the clearness of our vma`s trend context lines.. and with the clear view of the cycles thru our chimp oscillator...



here we see the price action croses the axis and after that the following continuations start to make their clear inflections in order to fuel a very nice centrifugal action... cheers The Chimp.

[walterw]

Here comes a video... maybe its not so clear yet the info as I needed to mix a little all the factors here on the presentation... dont worry, as the thread evolves it wil get more clear...

If you guys interact, it will be quite easy to understand, questions, answers, etc... feel free to interact ¡¡¡ cheers The Chimp.

[cattus]

	Quote:	walterw
	Cattus : as the thread evolves, I will soon post indis and templates... cheers Walter.

Thanks, Walter.

cattus

[Reaver]

	Quote:	walterw
	This oscillator works like this : + YouTube Video

ha ha that chimp could kick the sh*t out of me!

[Blu-Ray]

	Quote:	walterw
	If you guys interact, it will be quite easy to understand, questions, answers, etc... feel free to interact ¡¡¡ cheers The Chimp.

Walter

I'm probablies getting ahead of the thread here, but could you tell me the settings for the indicators especially the Chimp2_1, as on TS it doesn't work on forex as TS doesn't have volume data, so I'll need to modify it to try to get a near match.

Cheers

Blu-Ray

[PYenner]

	Quote:	Blu-Ray
	... could you tell me the settings for the indicators especially the Chimp2_1, as on TS it doesn't work on forex as TS doesn't have volume data, so I'll need to modify it to try to get a near match.

It might be possible to count the volume from the tick movements, then you would have volume, but that doesn't mean it would be a piece of cake...

Have not been able to get my head around this stuff yet, volume tends to have different meanings at different stages in a cycle, which is just what Walter may be talking about. But then momentum can also be that way. So don't know if it is a coincidence or if volume is actually needed.

More questions than answers, situation normal
Still experimental, nowhere near a finished product.
I'm going to go with the flow for now, and catch up on the complications as and when...

Do like the direction Walter is headed in though.

[walterw]

I will start the day today posting indis and templates for the 5 min chart so far...

just in case, this thread explains how to load them on mt4 http://www.traderslaboratory.com/for...ates-2427.html

cheers Walter.

[Blu-Ray]

	Quote:	walterw
	I will start the day today posting indis and templates for the 5 min chart so far... just in case, this thread explains how to load them on mt4 http://www.traderslaboratory.com/for...ates-2427.html cheers Walter.

Thanks Walter