Walter`s Forex "Trend Trades"

[momentom]

Originally Posted by PYenner Thanks z At least no one is telling me off for saying "8 period ADX" is actually 15 period ema, not yet anyway.

Are you saying that each line of the rainbow is an ema that has been smoothed by a 15 period ema?

[PYenner]

Ema may be the worst option, largely ignores older data.
Wma or vanilla ma might give more weight to older data and need fewer periods?

[PYenner]

Originally Posted by momentom Are you saying that each line of the rainbow is an ema that has been smoothed by a 15 period ema?

Line 1 = Black = 2 period ema
Line 12 = Green = 24 period ema
Line 49 = Magenta = 100 period ema

But... the price for all of these is "VarMA"
Still sorting out how Price=VarMA is put together.
The intermediate stages in making up VarMA seem to use 15 period ema.
It may be more like there is an array of 15 period ema prices, one for each bar.
Line 1 takes a 2 period ema from that array.
Line 49 takes a 100 period ema from that array.
An ema of an ema, modulated is one word for it.
But there is also conditional stuff that gives the flat region.

[PYenner]

Line 1 is like a 16 period ema of close prices.
Line 49 is like a 115 period ema of close prices.

[PYenner]

The underlying reasoning may not have been reasoned out.
Just hit or miss, trial and error. Plug n Play.

[walterw]

You guys amaze me ¡¡ so far cloned charts look interesting but must admit the obsesive horizontal effect still doesnt get that close... remember that this horizontal effect is our edge on this ecuation... I aprecciate so much your collaboration efforts ¡¡ I know we can get this formula with all its potential...

someone would ask me why not just using VT platform, well unfortunately just yesterday I got 5 disconections events... lol for this guys, they should seriously get some upgrades on their system... on the other hand their forum is deserted... kind of very unsupported comunity, thats why Mt4 would be great... cheers Walter.

[PYenner]

Its doubtful if taking an ema of an ema achieves anything.
Maybe someone forgot to keep it simple.

[PYenner]

Trying to sort out the wheat for the chaff...
Agree, the flat area is major.

[walterw]

And here a video about Icons on the VMA Rainbow... cheers Walter.

[walterw]

At this point this thread has presented the basic structure of a trend trade with the first basic readings of the VMA rainbow with its particular edge...

Also we had presented the "surefoot" icon trend trade combined in the VMA rainbow aproach...

Like a sinfony we presented the "leitmotif" and will try to keep posted on it here on this thread...

On the other hand the sinfony can start showing its "Variations" this small tweaks that actually are optimizations from a core optimization...

Could this Hack the simplicity of the overall aproach ? it may do so... thats why any variation to this basic aproach I will deal with it on diferent new threads so we dont get any mambo here...


So basicly here I will keep adding examples of the above aproach presented, interactions on how we can optimize this core aproach are very welcome ¡¡ and I think more brains in a network fashion work better than one... only that my paralel research on variations will be presented on new threads... so I can keep this work here more clean and clear... I dont want to diminish the value of the above presented on the process of showing potential variations...

The fact that we can optimize this doesnt mean that we dont have already something with its own value... so thats a small brief on how the future research process will be handled... cheers Walter.