Walter`s Forex "Trend Trades"

[walterw]

Originally Posted by Blu-Ray Excellent work Walter, great explanation on the posts and videos. I'm currently trying to translate the code into Tradestation so others can follow along, it still needs refining as I don't think it's smooth enough yet, but here's a pic to show you. I'll post the code when I get it working properly(hopefully tomorrow). Great thread, keep up the good work and thanks. Blu-Ray

Super Blu-Ray ¡¡¡ I think that will be awesome to have it for TS... would this be compatible for Multicharts ? as I was thinking in giving a test to their forex version called MCFX wich has up to 5 years worth of history data and its a TS type soft with all the benefits wich that represents... thanks for that... cheers Walter.

[brownsfan019]

Originally Posted by walterw Super Blu-Ray ¡¡¡ I think that will be awesome to have it for TS... would this be compatible for Multicharts ? as I was thinking in giving a test to their forex version called MCFX wich has up to 5 years worth of history data and its a TS type soft with all the benefits wich that represents... thanks for that... cheers Walter.

Walter - if Blu can code it in EasyLanguage, it *should* transfer over to MultiCharts no problem.

[PYenner]

MT4 allows a maximum of 8 lines per indicator so that would be the 3 main lines and only five more, not much of a fantail.

Blu-Ray, like the way you put the black and yellow lines in the foreground, Magenta to the background, seems like the best way around to me.

[walterw]

Originally Posted by brownsfan019 Walter - if Blu can code it in EasyLanguage, it *should* transfer over to MultiCharts no problem.

Oh ok so Multicharts should then read Easylanguage without problems... that sounds good...

Originally Posted by PYenner MT4 allows a maximum of 8 lines per indicator so that would be the 3 main lines and only five more, not much of a fantail. Blu-Ray, like the way you put the black and yellow lines in the foreground, Magenta to the background, seems like the best way around to me.

Hi Pyenner... If we can get just the VMA coded for MT4 with Becam`s calculation the emas of VMA can be manually added on MT4.. and then we can create a Template and we are on bussiness on MT4... cheers Walter.

[walterw]

Originally Posted by Nick1984 That idea of buying an island somewhere in the pacific is still looking good. As the local chimp you can be the minister of finance of the little Bananna republic!

Oh yes Nick and we will create our currency and trade it with Vma`s rainbow against eur usd and everything... ¡¡ should we call it banana so the pairs would be banana/usd banana/eur jejeje cheers

[walterw]

Ok I will take a little parenthesis here to post some examples... unfortunately VT doesnt have much history... so at this time it will not be that much... If we get this indi on MT4 things will be more friendly...

One strategic thing to do here is trading on good volatile times of the day like the open London... look this video and compare the first example happens on a time of the day where we cant expect much moves, still was a nice trade... the second example happens right on the hot hours of europe and London trading.... cheers Walter.

[momentom]

An outstanding presentation Walter. The way you have documented this powerful but simple methodology is to be congratulated. That you have chosen to disclose will bring you much good karma I am sure.

There is an indicator on the Ninjatrader platform (free charting) called Variable Moving Average. The Ninja VMA is alleged to be the VIDYA MA. Is this the same as the VT version? I would love to follow your explanation with real charts on any of eSignal, MultiCharts or Ninjatrader so a little more info would be appreciated especially in the light of VT's recent platform problems.

Again, congratulations!

[Blu-Ray]

Right here goes:

I've coded it up as per VT's formula, when viewing TS alongside the VT version it's acts very similar, but it's not exact due to the slight variation in code between the ADX function in TS and the ADX function in VT.

Anyway, I think it's close enough, but if anyone wants to try and modify it further then send me a PM ( rather than clutter up this thread ) and I'll explain the discrepancy.





NOTE: When installing it onto your chart you'll have to:

A): Change the colour of your background to grey.

or

B): Change the colour of the "VarMa" plot to a different colour than black.


Cheers

Blu-Ray

[walterw]

Hey Blu-Ray, this is a GREAT contribution man ¡¡ I really aprecciate this much... cheers Walter.

[Blu-Ray]

Walter

Here's an example of the USDJPY that I was watching this morning, turned out to be a lovely move.