The Chimp`s new "Futures Scalps"

[bertg]

	Quote:	Armand
	I'm having a slight problem. I've loaded the Chimp futures scalps template in My Documents/Ninjatrader6/templates/chart. And all the indicators are in My Documents/Ninjatrader6/templates/Indicator. The template loads...I see the oscillator and price (I'm in simulation mode) but no indicators. No MAS3, VMABand, or VMARainbow. When I right click on the chart and click on indicators none of these VMA indicators are listed there. I guess I've put them in the wrong place...just not sure where that is suppose to be. Any suggestions? Thx...Armand

Armand,
1. Place the .xml (template) here: My Documents/Ninjatrader6/templates/chart
2. Open NT. Go to File>Utilities>Import NinjaScript
and import the 3 .zip files (MAS3, VMABand, VMARainbow). Don't unzip them.
Then when you load the template, all the settings Walter set will be there.

Cheers,
Bert

[walterw]

	Quote:	michaltrade
	Thank you very much Blu-Ray for the ELD codes. You are very fast to keep up with the Chimp and the Bear. The pictures are so "beautifull" that I like to look at them and forget about trading!!! Walterw, This is another incredible and excellent thread from the Chimp. You have attracted quite a number of talented people working as a team in your threads. Thank you very much for an outstanding team: Walterw, PYenner, Blu-Ray, Sparrow, Unicorn, ....and also "the man with the money" Soultrader. There are many "gurus" in this Forum. However, in my opinion you deserve another "oscar".

Thanks Michal ¡¡ I am very glad you like it... this is a very near thread to my live trading world...

Certainly it is a blessing to have such a team ¡¡ great talents, great people ¡¡ I wish for each of them Millons of dollars on a regular basis... cheers Walter.

[Armand]

	Quote:	bertg
	Armand, 1. Place the .xml (template) here: My Documents/Ninjatrader6/templates/chart 2. Open NT. Go to File>Utilities>Import NinjaScript and import the 3 .zip files (MAS3, VMABand, VMARainbow). Don't unzip them. Then when you load the template, all the settings Walter set will be there. Cheers, Bert

Thank you, Bert. I'll give that a try.

[walterw]

Right here http://www.traderslaboratory.com/for...ps-2558-5.html on post 42 there is a nice video wich uses also vmar in combination with cci for scalping... just in case you didnt see it, its worth it, for refreshing some same concepts... I also do strongly recomend de video series on momentum discernment, wich helps a lot into discerning the right momentum condition into your trading...

The above charts can also be used for scalping forex as well... for example some charts of EUR/JPY 11T chart... nice cool trades... can you do 10 pips per day ?








I keep posting tomorrows ym scalps as well... can you do 10 ticks per day ?

cheers Walter.

[PYenner]

	Quote:	michaltrade
	Walterw, This is another incredible and excellent thread from the Chimp. You have attracted quite a number of talented people working as a team in your threads. Thank you very much for an outstanding team: Walterw, PYenner, Blu-Ray, Sparrow, Unicorn, ....and also "the man with the money" Soultrader. There are many "gurus" in this Forum. However, in my opinion you deserve another "oscar".

Yes, echo that Michaltrade.
Its the opposite of what you expect to find on the internet and its great.

Walter
You ask for feedback about the way the systems repeat themselves while having variations in them too. Its great like that, consistency but still an open mind for variations.
The 5min/1min entry thing is about waiting for price and momentum to prove themselves so there is less guessing and hoping and it works for me.
Gains for me from entering later with momentum- consistent trades, less waiting, less drawdown while waiting, quick in and out = less stress.
My fx target is currently around 20 pips and mostly that is taking 4 scalps over 4 hrs but sometimes get more from just two trades. Mostly trading the earlier parts of a move and not caring for now what happens after exit, happy to wait for a re-entry setup for another quickie.
But the big wins for me are consistency and less drawdown. RnR plusses.
As I get the hit rate up I am also happier to stop out quick and wait a bit longer if it doesn't look to be developing as expected. Before I tended to tolerate more drawdown because I was entering too early.
Yes the Oscar goes to Walter, thank you for the inspiration and the perspiration.

[jcorp]

Hi Walter,

Are the NT codes available anywhere for this latest group of charts?
Thanks again for your Oscar winning contributions!!!!

Jim

[walterw]

	Quote:	PYenner
	Yes, echo that Michaltrade. Its the opposite of what you expect to find on the internet and its great. Walter You ask for feedback about the way the systems repeat themselves while having variations in them too. Its great like that, consistency but still an open mind for variations. The 5min/1min entry thing is about waiting for price and momentum to prove themselves so there is less guessing and hoping and it works for me. Gains for me from entering later with momentum- consistent trades, less waiting, less drawdown while waiting, quick in and out = less stress. My fx target is currently around 20 pips and mostly that is taking 4 scalps over 4 hrs but sometimes get more from just two trades. Mostly trading the earlier parts of a move and not caring for now what happens after exit, happy to wait for a re-entry setup for another quickie. But the big wins for me are consistency and less drawdown. RnR plusses. As I get the hit rate up I am also happier to stop out quick and wait a bit longer if it doesn't look to be developing as expected. Before I tended to tolerate more drawdown because I was entering too early. Yes the Oscar goes to Walter, thank you for the inspiration and the perspiration.

Thanks Bruce for your feedback ¡¡ its much apreciated... sometimes I feel I may be confusing people here... on the other hand I feel showing at least the 50% of my research openly may help others and give me a chance to interact and grow as well...

Consistency on the core concepts its one of the things I will try never to loose... alternatives on the presentations are vast ¡¡

I am glad Bruce to hear about this performances on your trading ¡¡ feel free to post some charts if you wish...

I am so greatfull for your great programing contributions on vma ¡¡ without that we couldnt had evolved as we did... cheers Walter.

[walterw]

	Quote:	jcorp
	Hi Walter, Are the NT codes available anywhere for this latest group of charts? Thanks again for your Oscar winning contributions!!!! Jim

Hi Jim... here goes the new one... cheers Walter.

[walterw]

Another classic trade I do on futures is when the market shifts from a cycle into a prospect momentum condition... I call that a coil break that normally becomes an "Icon -Flip" type formation...

Looking today with the new second alternative graphic context and it shows quite clear this formations...

The coil gets formed with multiple crosses of the green to the magenta line, we mark horizontal lines on the extreme of this cycle, creating the coil :



When that coil gets breaked with strenght, wich means not just a little break, but a strong nice break we may consider the cycle condition is in jeopardy, calling for a prospect momentum condition...




after that you have our classic Icon and Flip formations... with a pullback that doesnt go any higher (inside the coil) than 1 third the inner range of the coil.. the ideal its outside the coil...



so here some real live examples from today :






Thats a nice way to trade icons right on the non-momentum to momentum condition shift... take it easy... cheers Walter.

[jcorp]

Hi Walter,

This set up deserves a real round of applause. Within 10 minutes of your posting this morning, I had a usable 800 volume ES chart set up. This is what I am used to trading from, using only a rainbow set up (linuxtroll) and fractals. This is way too fast to see the CCI in time, but I did hit my daily goal (5 ES ticks per contract) within 5 minutes. Gracias!

For any interested in trading ES, I am looking at a 5000 volume chart and have changed the CCI from 5 to 6. This seems pretty close to the 22 tick YM chart. If someone can tell me how to attach charts, I would be glad to post a screen shot of ES.

One thing I did find out about trading YM (first time ever, this morning on a practice account)...You can't leave your stops for ES and trade YM. down 5, up 6, up another 6, I'm goin fishin.

Jim