[walterw]

So now let me revisit the two trades from today how they would look on VMAR version 2 on MT4...

The 5 min chart DID call 2 Icons... black line was above magenta... maybe we could say the first trade was agressive as our trend and momentum was yet too small.... now the second one is just perfect.. notice how the rainbow spreads out, then the pullback and after that we take off...




Now lets take a look at the timing on the 1 minute chart... once again we can enter on the cross of the blackline to the darkgreen (classic timing entry definition) an have "the exit" when the bar crosses the thick darkgreen...





Very clean and effective charts ¡¡ and on the right platform MT4... wich is much more friendly platform... I even got 3 years of data base to manual test this aproach ¡¡ we could do a super PDF of this with 200 examples ¡¡

Thanks again for all this collaboration... I would love to see other charts being posted.. feel free to post here.... cheers Walter.

[drchemik]

Hello,

I'm really impresed with this system. You said to feel free to post some charts, so I will show one from today. A great move down on eur/jpy for about 80 pips. VMA gave perfect signal. Charts are from MT4. Walter you're doing great job. Many thanks.

PS. On 5M there is a ladder and enter from 1M.

[homestudy]

Great System Walter!!! I have just started using this and it is straight forward and makes seeing trends very clear. I will post my trades as I make them in the future. Thank you for sharing this!!!

[walterw]

Originally Posted by homestudy »

Great System Walter!!! I have just started using this and it is straight forward and makes seeing trends very clear. I will post my trades as I make them in the future. Thank you for sharing this!!!

Glad to hear that ¡¡ feel free to interact... cheers Walter.

[walterw]

Today was a "Big News day"....

9/7 08:30 US August average earnings 0.3% 0.3% 0.3%
9/7 08:30 US August non-farm payrolls 110k 92.0k -4k
9/7 08:30 US August unemployment rate 4.6% 4.6% 4.6%
9/7 10:00 US July Wholesale Inventories 0.4% 0.5% 0.2%

There are news that impact more than others... in this scenario the technical trader must understand that he is in a hostile context as any particular technique can be completely useles under this circumstances... why ? because most normal technical conditions get into equilibrium and work ok with a normal amount of players wich are having a "normal" performance of supply and demand... now when a news release happens, this normal amount of players is disrupted with an abnormal amount of players that actually where not part of this equilibrium... so in this case technical "normal" conditions will clean dissapear as the ecosistem in wich we where will be abnormaly overcrouded of strange criatures that come with very abnormal conducts...

Thats why a trader should understand that his normal trading ecosistem will sufer a hurricane during news where the ceiling of his method will blow out... what to do about that ? well.. there is a lot of nice things you can do: go shopping, cinema, coffee, park, swiming pool... gym etc... are you soooo greedy that even you cant take off during this hostile conditions, well you know what ? under this conditions your marvelous technique is useless... you cant beat this volumetric monster...

NOW if you know how to trade the news I take my hat off and congratulate you... if not STAY OUT ¡¡ there is plenty normal conditions to trade on.. and make your weekly targets without exposing yourself to a hurricane... even you have the advantage of knowing when the hurricane will hit land ¡¡ look at the econimic news calendar... thats a nice oportunity to take your agenda and plan some relaxing ¡¡



On the above chart I mark previous normal conditions... by FAR you already made your week... you know this news comes, you know your techinque will be useless... you know how much you can enjoy taking the day ¡¡

You should enjoy yourself more instead of trying to understand what that monster did... there is no technical explanation to what he did... because he doesnt work by technicals as by insiders fundamentals wich you and me will not ever have access...

When the market ecosistem comes back to normal conditions, then we are ready to work back on our normal succesfull methods...

Thats my input on this scenario... there is no need for mambos... just relax and trade on normal conditions, be smart, dont be suicide, give yourself a break.... cheers Walter.

[PYenner]

Making some progress on a simpler MT4 version using the iADX function.
Attached is a comparison of the MA0 base lines.
Yellow line uses iADX and has some adjustments, light blue is Igors mk2 for comparison.

Walter, the line ema's can be fixed up too, just needs time.
Cheers

[walterw]

Hi Pyenner... my question is,why is it that we cant still dont get the exact match of the vt version ? what does this formula on VT has specially on the horizontal effect ? I think Igorad`s second version its "almost" identical... but the horizontal effect still varies a little from VT`s ... any hint on the calculation ?... thanks for efforts... at this point I am sticking to Igorad second version as I am testing historical data..
cheers Walter.

[ztrader]

Originally Posted by walterw »

Hi Pyenner... my question is,why is it that we cant still dont get the exact match of the vt version ? what does this formula on VT has specially on the horizontal effect ? I think Igorad`s second version its "almost" identical... but the horizontal effect still varies a little from VT`s ... any hint on the calculation ?... thanks for efforts... at this point I am sticking to Igorad second version as I am testing historical data..
cheers Walter.

walterw & Pyenner,

I applaud you for making the effort on your attempts for a "perfect" - exact match of the VT version. This maybe an exercise in futility as the actual result of the conversion maybe affected by the codes and how it is executed in the respective platform. If one feels that the VT version gives him/her an edge in trading the method, then so be it and use VT. I think the MT4 version of igorad is more than sufficient to trade your method profitably. The looks would just have to be in the eyes of the beholder and trading results are always based on each individual trader's ability, regardless of graphics and systems. I use the VMA on NT and on MT4, only one of them lines now and it serves me well. Then, of course, my trading approach is completely different.

You are presenting a very viable method here. Please don't let the minor variance in the horizontal line takes you out of focus unless it is causing your trade to lose or giving up over 10 pips.

My 2 pips on the match. Is it match point yet at the U.S. Open [tennis] Championship?

ENJOY!

ztrader