The Chimp`s new "Futures Scalps"

[zoltran]

Hi

My strategy was looking for a cross between ADXVMA(2) and ADXVMA(5)
What the strategy plotted on the screen looked more like I used ADXVMA(6 and ???)...

The problem was the indicator initialized it's Parameters, such as ADXPeriod, MA Period etc the "Initialize" section of the Indicator.
That section is only run once by NT and is used to setup plots in memory etc.
Initializing parms here doesn't seem to cause a problem when you are only using the indicator on a chart. But it does seem to affect how parms are passed to the indicator when used with a strategy

So .. the result was that it ignored or mistook any parameters that I used.
Moving the 4 lines below into the 'OnBarUpdate' section fixed the problem
WeightDX = ADXPeriod;
WeightDM = ADXPeriod;
WeightDI = ADXPeriod;
ChandeEMA = ADXPeriod;

Again, Thanks to Sparrow for porting this indicator and Josh for fixing it. I'm just the happy user !

[unicorn]

Sparrow and Zoltran, thank you for clarifying what the bug was.

cheers.
Unicorn.

[pgd]

walter,

I'd like you to give oibjective parameters for trade EXITS.
u missed that out.

also can u please attach all the metatrader indicators that you are using in this scalping system.

thanks.
cheers.

[walterw]

	Quote:	pgd
	walter, I'd like you to give oibjective parameters for trade EXITS. u missed that out. also can u please attach all the metatrader indicators that you are using in this scalping system. thanks. cheers.

Mr. pgd... if you go thru the videos you will notice very clear guidelines for exits, basicly using cci and fixed exits as well, for stops its also quoted the chimps universal stop system... the metatrader indis are on the vma open research thread, there are various versions, you may want to check... cheers Walter.

[pgd]

	Quote:	walterw
	Mr. pgd... if you go thru the videos you will notice very clear guidelines for exits, basicly using cci and fixed exits as well, for stops its also quoted the chimps universal stop system... the metatrader indis are on the vma open research thread, there are various versions, you may want to check... cheers Walter.

I did go thru the videos and saw the enrties being marked. not so with exits.
how much is the fixed exit. Metatrader does not give tick charts, just timeframes. so wud a 1-min chart be an appropriate substitute?

yes, the universal stop system is quite clear.

can u pl give me the links to the most refined versios of the indicators so I don't need to look for a needle in a haystack.

thanks.
cheers.

[walterw]

	Quote:	pgd
	I did go thru the videos and saw the enrties being marked. not so with exits. how much is the fixed exit. Metatrader does not give tick charts, just timeframes. so wud a 1-min chart be an appropriate substitute? yes, the universal stop system is quite clear. can u pl give me the links to the most refined versios of the indicators so I don't need to look for a needle in a haystack. thanks. cheers.

Metatrader works on 1 min minimum, so for this scalping method on futures will not work, doesnt mean you cant trade it from a 1 min chart, but it will be diferent...

check this page, has a classic vma indi and template for metatrader http://www.traderslaboratory.com/for...s-2364-28.html

actually I exit +4 or +5 ticks fixed on ym, that certainly changes as market conditions suggests, for example yesterday I had to reduce to +2 +3 and some other times I may take a +8... technical exits, cci cross back 0, a nice one, please check the flip thread http://www.traderslaboratory.com/for...ance-1714.html has a lot on exits as well... hope helps, cheers Walter.

[jim2000]

	Quote:	walterw
	Metatrader works on 1 min minimum, so for this scalping method on futures will not work, doesnt mean you cant trade it from a 1 min chart, but it will be diferent... check this page, has a classic vma indi and template for metatrader http://www.traderslaboratory.com/for...s-2364-28.html actually I exit +4 or +5 ticks fixed on ym, that certainly changes as market conditions suggests, for example yesterday I had to reduce to +2 +3 and some other times I may take a +8... technical exits, cci cross back 0, a nice one, please check the flip thread http://www.traderslaboratory.com/for...ance-1714.html has a lot on exits as well... hope helps, cheers Walter.

Walter,

Very good and informative videos and information. Thank you.

My platform, ToS, also does not have tick charts at this time. They are working on that.

My minimum timeframe is 1 minute. You indicate that the 1 minute chart can be traded but it is just different.

My question is, can I use the CCI with the same settings that you use or do I need to change the settings to trade the 1 minute chart?

[gcgecko]

Hello Walter, I am new to this thread and new to TL. Like others before me I am not an expert at NT, but I followed the post on how to move the indicators from post #10 & #38 and everything seemed to go pretty smoothly. However, when I built the charts they did not look anything like yours, so I guess there are problems that I need help with. It also leads me to some questions. This is a new computer and I don't have WinZip downloaded to it, do i need to have WinZip downloaded to my cptr when working with Zip files? Also for some reason my HP Laptop won't let me download things, can someone help me with my settings? Every time I try to download something from Cnet the page just closes and nothing happens. Okay, back to your indicators and charts. Your charts look so simple with a just a few indicators lines above and the special cci below, i really thought I could get it, but so far no success. Lastly, in both post #10 and #38 there are two files Chimp futures scalps.zip and chimp futures scalps2.zip, what are these files and are they important? I ask because when I tried to import them into NT. NT said they are not .XL files and would not do anything with them so they don't appear in my NT indicator file when I open NT. When I look into my NT files /charts they are sitting there, but NT would not allow me to import them so they are not in NT when I open and try and build a chart. The other indicators were opened by NT Import and they now appear under the indicator tab when I build a chart. So I guess I have a few problems to work through before I can build some charts that look like yours on this forum. If anyone could help me with these problems it would be greatly appreciated.

Thanks,
gecko

[brownsfan019]

gecko - FYI - walter has been MIA for awhile now, so not sure he will respond. Maybe someone else will. Just a heads up.

[gcgecko]

I thought he might be since the dates were old on this forum, but with this simple file transfer I was hoping someone else who was working on this with him could help. Seems like i only have the problem of not knowing how to deal with the two zip files called 'chimps futures scalps' and 'chimp futures scalps2' zip files.

I am new and was looking for a starting method to explore and his method seemed interesting to bring up on my charts and play with. You are experienced maybe you can steer me to a more current thread and a better method to explore? I don't know maybe this Walter thing was a waste of time for futures trading and did not work well? Does anyone have any feedback? Or maybe it works well and is a nice little scalping method? I am currently watching the ER2 emini russell on a daily basis. Any help is greatly appreciated.

gecko