Walter`s Forex "Trend Trades"

[notouch]

Would you call that countertrend? I thought that because the black line was below the green line, it was an example of one of your "Trend Trades" or is it only a "Trend Trade" when the black line is below the magenta line? Do you consider it significant when the black line crosses the green line on the 5 minute chart or is that for exit only?

[walterw]

Originally Posted by notouch Would you call that countertrend? I thought that because the black line was below the green line, it was an example of one of your "Trend Trades" or is it only a "Trend Trade" when the black line is below the magenta line? Do you consider it significant when the black line crosses the green line on the 5 minute chart or is that for exit only?

if you go slowly thru the thread you will notice that the "basic trend definition" is given between the black line and magenta line on the 5 min...

[Clym]

I have attached my attempt to duplicate the rainbow in MS excel in hopes that someone who has a complete understanding or the formulas may be able to see where I off and help me get it working correctly. I would like to get a full understanding of the calculations.

I worked from Walters post here

I labeled each column using the same name Walter posted for each variable so hopefully it will be easy to follow.

Thanks for any help.

Clym

[walterw]

Hello dear fellow traders... here I come to recap on some "VMAR Icon" Trades we had... very very clear setups ¡¡ still timing had some issues that will be gladly solved as the paralel research will give us some alternatives to time our entries even better with the vma...

on the 5 minutes our setuppings of 3 perfect icons :





if you start to train your eye on this icons setups... you will see how easy it is to spot them... they happen all the time ¡¡

NOW... in terms of timing I can still say we need more optimization... and I believe our paralel research on this thread will help us a lot http://www.traderslaboratory.com/for...open-2440.html as probably we will take the most from the "Horizontal Effect" thru "laddering"...

now let me share what happened today on our timing entry of this three trades:

Trade 1 did lag quite in the crossing of black line to darkgreen line...



I expect to optimize this entries thru our paralel methods wich will lead much more into the entry...

Trade 2 is a funny case of no pullback from blackline below darkgreen... a pure horizontal effect.. once again this tells us that the paralel research on "laddering" will outperform our basic entry definition..



Trade 3 similar situation to trade 1...



SO... all trades had been winners, easy to trade all.... timing is the issue on the lab... we want to optimize... it can be done.... just take a look what we are doing on the paralel thread on "laddering" and you will se how we will be able to take the most power edge from vma... cheers Walter.

[walterw]

Please look at this post http://www.traderslaboratory.com/for...en-2440-4.html from #38 on as I aboard the timing optimization there... I revisit this previous three trades with a very possible optimization of our entry timing definitions using vma.... cheers Walter.

[brownsfan019]

Walter - just lurking here...

So, at this point, how would you say this new setup is working? Initially you were very excited and I'm curious if that same fervor is continuing.

Are you trading this live with real money and seeing success or is this still in the trial and error stage?

Good trading!

PS
If you haven't stopped by the candlestick corner, I suggest you take a look when time permits. Awhile back I got a little irritated with you asking repeatedly about how I trade and there's quite a bit over in my little corner for anyone interested. It's amazing how complicated we can try to make things sometimes. The candlestick corner has enabled me to get back to the basics and I'm amazing myself.

[islandhome]

Hi Walter, Pyenner and all.

Just wanted to say that the intitial ikon trade first described in this thread by Walteris a solid method.... But the introduction of the timing optimisation turns a solid method into a piptastic method. Kudos to you walter and pyenner. Simple, effective, and powerful. Today I traded ikon basic for pips on the pound yen (easy peasy) as we say here in Blightly. I dare to say it but... Walter theory is over for you .... now put it into practice because you have a killer system here. Times a wasting.

P.S

Does that now mean we can do away with green ma and black baseline vma. Walter. thx

[walterw]

Originally Posted by brownsfan019 Walter - just lurking here... So, at this point, how would you say this new setup is working? Initially you were very excited and I'm curious if that same fervor is continuing. Are you trading this live with real money and seeing success or is this still in the trial and error stage? Good trading! PS If you haven't stopped by the candlestick corner, I suggest you take a look when time permits. Awhile back I got a little irritated with you asking repeatedly about how I trade and there's quite a bit over in my little corner for anyone interested. It's amazing how complicated we can try to make things sometimes. The candlestick corner has enabled me to get back to the basics and I'm amazing myself.

Hi Brown... the fervor maybe is growing ¡¡ as thru more extensive research I had found more optimized timing methods... those explanations are on the other thread here http://www.traderslaboratory.com/for...html#post19142 if the VMAR Icon is working ? I would say its rocking... he was suffering of some lag before on his timing, now he will be more competitive with the new timing method...

I am still not trading forex live... originally my idea was to go live on forex on january next year, but as things are evolving so well I probably will go live sometime end of september or begining october... I like to have a good stable miriad of paper trades before going live, other wise its just wasting money...

so yes trial and error its still under way... thats how we got this beautifull optimizations ¡¡

Brown I do visit your corner once in a while and I am so glad to see your great inputs ¡¡ I have a great respect for you as a trader and analist... certainly the sharing process is a constructive one for the the one who shares ¡¡ cheers Walter.

[walterw]

Originally Posted by islandhome Hi Walter, Pyenner and all. Just wanted to say that the intitial ikon trade first described in this thread by Walteris a solid method.... But the introduction of the timing optimisation turns a solid method into a piptastic method. Kudos to you walter and pyenner. Simple, effective, and powerful. Today I traded ikon basic for pips on the pound yen (easy peasy) as we say here in Blightly. I dare to say it but... Walter theory is over for you .... now put it into practice because you have a killer system here. Times a wasting. P.S Does that now mean we can do away with green ma and black baseline vma. Walter. thx

Hey Island ... I see you grasped the edge here on the new timing ¡¡

about the lines plotted on 1 min chart, I still like to see all of them in my chart because I can still compare old vs new performances... also this black line still could be used for the exit optimization... (thought exits could be optimized on 5 min ) but on this stage of research I still look at all the lines... later we will see what we leave on the chart...

Glad you like this method Island... feel free to post charts ¡¡ cheers Walter.

[walterw]

Originally Posted by Clym I have attached my attempt to duplicate the rainbow in MS excel in hopes that someone who has a complete understanding or the formulas may be able to see where I off and help me get it working correctly. I would like to get a full understanding of the calculations. I worked from Walters post here I labeled each column using the same name Walter posted for each variable so hopefully it will be easy to follow. Thanks for any help. Clym

Hi Clym and welcome aboard ¡¡ I dont know what exactly happened with your post but now it did appear... interesting, I never knew excel could be used for charting... just curious, how do you feed data into excel ?

very interesting programing there, for what I see you got some nice chart there... feel free to interact.. cheers Walter.