Originally Posted by walterw you got me lost on this last post... could you post me a chart of what you mean ? it sounds interesting.... |
Yes I need to post charts but maybe some words will do for now.
ADX_VMA_Eval_1Min.mq4 was done to look at what difference it makes to sample different amounts of time. Bemac and Igorand used 16 periods.
On a 1Min chart that is a 16 minute view of the past.
On a 5Min chart that is an 80 minute view of the past, 16x5.
The 80 min view gives a longer flat area, 16 minute view gives a shorter flat area.
There are multiple possibilities-
Bemac will have fiddled with different periods and settled on 16 as the best general purpose number for all charts but if we can find more variables to fiddle with then we might improve on Bemac.
The 1 Min chart in particular might benefit from having slightly different periods. If you set the sampling on a 1min chart to 80 periods or 80 min it will show a very smoothed out base line. If you zoom out that chart and compare it to a zoomed in 5min chart so they show the same amount of time, there will be similarities in the base lines.
So, you could have a 1min chart showing a normal 1min base line, another line showing a 2 min curve, another 3 min etc, each flatter and slower to bend than the one before. All on the 1 min chart.
There are possiblities for zany ideas. Inspiration. Most turn into junk but thats just life. Sometimes there is a payoff for thinking outside the square.
If you can handle all the extra confusion that is....
