The Chimp`s "Forex Trades"

[walterw]

So far at this point we can say that we have a presentation of how a trade would setup for us...

On the clean context of our 5 min chart with our three lines (2 of them are vma`s ) and our clean oscillator, we have the tools to understand if the market condition is or will be centrifugal or centripetal in relation to the axis... and from there on we are ready to aproach the diferent setups we may have on each of this contexts...

This task I call it : SETUPING you are looking for setups...

It is the first task you will make on the entire process...

NOW... once you see a setup on your 5 min chart, here comes the great challenge ¡¡ : TIMING when will you take the trade ?

We talked about inflections... thats where the cycles, end and start, thats the place to take our entries... BUT there is a big problem ¡¡ called NOISE... and if you observed the oscillator, most probably you already criticized how many false signal he gives.... well yes, thats absolutely true, thats why I dont use the oscillator for timing purposes... I prefer to just use him to tell me if a cycle may be ready for an inflection...

So how can we get good timing ? vma`s is the good answer...

continue on next post... cheers The Chimp.

[PYenner]

Trading will always need some "BA", but this sure helps keep your B out of a vice, gotta be close to a dream come true Walter.

[sundowner]

Very nice Walter...very nice! The videos are great.

Thank you

[walterw]

	Quote:	PYenner
	Trading will always need some "BA", but this sure helps keep your B out of a vice, gotta be close to a dream come true Walter.

We are getting there Bruce, so much programing was worth it man ¡¡

	Quote:	sundowner
	Very nice Walter...very nice! The videos are great. Thank you

Thanks Sun... this process is really evolving...

keep tuned as the timing issue will really give us the edge we need...

cheers Walter

[cattus]

	Quote:	walterw
	So far at this point we can say that we have a presentation of how a trade would setup for us... On the clean context of our 5 min chart with our three lines (2 of them are vma`s ) and our clean oscillator, we have the tools to understand if the market condition is or will be centrifugal or centripetal in relation to the axis... and from there on we are ready to aproach the diferent setups we may have on each of this contexts... This task I call it : SETUPING you are looking for setups... It is the first task you will make on the entire process... NOW... once you see a setup on your 5 min chart, here comes the great challenge ¡¡ : TIMING when will you take the trade ? We talked about inflections... thats where the cycles, end and start, thats the place to take our entries... BUT there is a big problem ¡¡ called NOISE... and if you observed the oscillator, most probably you already criticized how many false signal he gives.... well yes, thats absolutely true, thats why I dont use the oscillator for timing purposes... I prefer to just use him to tell me if a cycle may be ready for an inflection... So how can we get good timing ? vma`s is the good answer... continue on next post... cheers The Chimp.

You are a teacher, Walter. It is very clear the concepts you are talking about. You understand and teach the movements of the market very clearly..

Thanks again to share to us your researches

[walterw]

	Quote:	cattus
	You are a teacher, Walter. It is very clear the concepts you are talking about. You understand and teach the movements of the market very clearly.. Thanks again to share to us your researches

Thanks Cattus, glad to be of some help...

Its very important to grasp this setups concepts first, then as the thread is about to evolve you will see how the true power of vma`s will get unleashed on timing... cheers Walter.

[michaltrade]

Walterw,
Thank you. It looks like the Chimp is explaining the "rubber band" theory.
Well, it is very simple and clear. I am "hungry" for more.


Blu-Ray,
Where are you? The party is not over yet. There are still beer and coffee on the table.
We need your help to convert the following indicators in this thread to ELD code. Thank you.


Attached Files
File Type: mq4 ADXVMA6_12bar.mq4 (6.4 KB, 13 views)
File Type: mq4 ADXVMA6_16bar.mq4 (6.4 KB, 13 views)
File Type: mq4 Chimp2_1.mq4 (4.3 KB, 13 views)
File Type: mq4 TLOMI NonLagMA_v4.mq4 (4.6 KB, 13 views)
File Type: tpl chimp 5 min chart.

tpl (2.2 KB, 12 views)

[walterw]

Timing... the stumbling stone of many traders... here is where noise does his work to put you out of bussiness... lets deal with that on this next posts... and see how Vma`s gives us a great unprecedented edge...

Lets asume you already have somehow a clear understanding of your Setuping process... you grasped the idea of NET and REFRESH trends with our three lines, now you are able to anticipate Centrifugal and Centripetal action... and you are ready to play some Setups on this contexts like Icon and Continuation on Centrifugal context, as M`s and Refresh on Centripetal context...

You understanded that the market behaves on cycles waves... where we have inflections and moves, and you understand that you will have to time your entries on the inflections of this cycles...

NOW... how can I get a clean optimized signal ?...

well, we have to revisit the blessings of Vma...

Normally entry signals are plagued with whipsaws... the reason for that is very simple, there is a great amount of undesired sub-cycles inside the cycle that really interests me... sometimes this sub-cycles do have a level of volatility that exceeds "my" cycle`s volatility and hence gives false signals...

the graph I originally presented when I discovered the power of Vma`s on my epiphany was this :



you can see that other indicators DO plot the noise of the undesired sub-cycles... but Vma`s would absorb them and become horizontal... here the birth of the Horizontal Effect (HE)... in consecuence we get less amount of "signals" using the vma`s...

Thats the way that vma`s have the abilty to supress all the undesired noise and bring the information down to the basic and really necesary one to time our trades... the final result is a clean line that gives very little false signals and interestingly it still leads (no lag)... on other indicators you may be able to work out a clean plotting paying a very high price of lag... not much with vma`s...

So with this edge on our side thanks to vma`s and thanks to the unresting programing work from Bruce (Pyenner)... we are able to aim "Superb Timing"...

continue after a good cup of cofee ¡¡ jejeje... cheers The Chimp.

[walterw]

Multiple Time-framing is a science not really much understanded by most traders... the croud gets confused with so many charts, many people tend to get waco with this multiple charts...

The fact is that the information is only ONE... how much compressed it is or not in its plotting process its another bussiness...

Drummond in his presentations talks about the 1/5th scale as a good way of compressing or decompressing data...

Why decompressing data ? for example so far I presented 5 min charts, my 1/5th decompression of data would be 1 min... why ?

Thru decompression of data we can have several advantages like : more data series to calculate on, get smoother results thru more data series averaged on an x algorithm... we can get more specific spots for our timing...

SO... looking at a 1/5th 1 min decompressed chart does not mean I am not looking at the 5 min chart data... its the same data ¡¡ only its decompressed, so I can take advantage of that decompression...

Thats why I insist that the spirit of my trades are always on the 5 min chart... but my "specifics" are plotted on a 1 min chart...

[unicorn]

	Quote:	walterw
	I dont use the oscillator for timing purposes... I prefer to just use him to tell me if a cycle may be ready for an inflection...

Excellent videos Walter. You are a very good mentor.
Will you please explain the concept of your oscillator?
Which quantities it involves and the physical meaning of its construction?

Thank you.
Unicorn.