[PYenner]

Thanks for all your efforts Pyenner, had been triyng yours here on mt4... looks interesting... must admit I became visually dependent on the entire rainbow... do you plan to eventually make a version of this optimizations with the entire rainbow ? cheers Walter.

It should be easy to attach a fantail template to it.
But want to hear what preferences people have so I can try to keep everyone happy.

[walterw]

OK let me brief a little bit where I am and where I am heading at this point of this research...

I had been doing some parallel research of a scalping alternative using Vmar`s... but at this point I just droped that alternative... lol..

I have decided that at this point I will only focus on the "surefoot" trade that I take from the 5 min chart... I will call this trade "VMAR Icon" Trade... so I will try not to mix other things but getting really focused on this aproach...

I am so glad to see other people are combining vmar`s with their own methods, thats the real idea here... offcourse as usuall I will share my entire specific aproach that you can take as much as you want for your trading, be it some aspects of vmar`s or be the whole thing...

So SO so so.... from now on my inputs in the thread will really be focusing into "VMAR Icon`s"...

I thought as I am getting more specific here I could share some diferent way of looking at the structure of the trade... this can organize the overall routine of the trader as he attempts to do a "VMAR Icon" trade...

Probably this will sound a little bit for newbies... but its nice to go into the basics as it organizes the entire process of this trade...

this was the original structure of our trend trade :

To open position :

_Trend Definition

_Pullback Definition (dips and rallys)

_Timing Entry Definition

To Close Position :

_Stop Definition

_Exit Definition


Now a trader that trades "VMAR Icon`s" would have basicly three stages of his trade : (this words are my invention, not conventional)

_SETUPING

_TIMING

_EXITING

this graph shows how the trend trade structure fits on this three stages that a trader will go thru:



So notice how trend and pullback definitions are all discounted on the VMAR Icon Pattern... thats the SETUPING phase of a trade.. actually the first one on any trade...

The second phase is TIMING, when you have a setup in place you will fine tune your entry...

and Third and last, once inside the trade you are focused on EXITING being a stop loss or neutral trade or a succesfull wining trade...

this three phases are how the traders work are organized... very simple routine he goes thru... no confusion here... sounds a little stupid maybe.. but you know sometimes traders are thinking on timing when they still dont even have their setuping been correctly identified.. others had open a trade and are looking for new setups instead of monitoring correctly their exiting... so this is how a trade has to be managed in terms of FOCUS

First you are working for the SETUPING division of your trading company..

Second they re-asign you to the TIMING section, you dont have nothing to do with the setuping any more...

Third after you open your trade they send you to the fifth floor to the EXITING department where you will focus exclusive on closing your trade...

after that they will give you a brake... some coffe, maybe some relaxing and again the process starts on the SETUPING division once again...

Is your trading organized like this ?? Good ¡¡ you can call yourself a trader, you still have a mambo on the entire process ??.. well maybe its time to organize it.. this is one way you can implement it...

On next post I show you the basic structural routine thru the charts and your trading platform as you trade a "VMAR Icon trade"... this structure will be used on my coming posts about this trade so we can talk on the same language here... cheers Walter.

[walterw]

So the routine of a VMAR Icon trade consits of three Phases :

_SETUPING

_TIMING

_EXITING

here is a graph of how he FOCUS on the information related to each of this Phases...




So this simple information I give here aims to make you understand how important is to focus on each stage of a trade... for example on scalping futures its a must to have your brain trained to change from one stage to other so you can focus on each "specialty" as they unfold on a trade.. on futures scalping each of this stages takes sometimes seconds... for this forex aproach you have more time and its more relaxed BUT you MUST be focused on the stage you are in...

I do this type of input as I will show you normally first the 5 min chart wich actually responded to a complete stage appart... then the 1 min shows how I focused on the next two stages of timing and exiting...

I will normally NOT LOOK at the 1 min chart until I get an order to start timing my trade from the 5 min chart...

So here is the Routine :

1rst : I am ONLY looking at the 5 min chart for a "VMAR Icon " setup... no mambos here only one chart (the 5 min chart)... once the setup is there I go to the

2nd phase of looking at the 1 min chart for timing my entry... at this point I forget about the 5 min chart.. he told me there was a prospect Icon, I beleive him... now I just focus on the 1 min to get in... I got modern timing technology thru vmar on 1 minute... and wow I get in... NOw I am ready to focus on my

3rd phase... I dont worry any more on timing as I am already inside, there is no object on looking for setups at this point.. I am just on the full enterprise of closing correctly my trade be it good or bad BUT correctly.... after X output I close it and my entire process is finished...

RELAX... think positive specially if the output was not the expected... cheer if you got a great one ¡¡¡... give yourself time to repair your fisical, emotional, psicological and spiritual fit before you start a bran new process...

This probably is a little out of topic on the thread but I thought I could share... cheers Walter.

[walterw]

Originally Posted by PYenner »

It should be easy to attach a fantail template to it.
But want to hear what preferences people have so I can try to keep everyone happy.

Thanks Pyenner for this... at this point I am still using the 2nd version from Igorad`s and yes did also adjust some thicknes and colors as well... cheers Walter.

[walterw]

And Here a short video about my Process on a trade... I know this could be somekind off topic, but could be of some help to some traders... cheers Walter.

[PYenner]

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.

My version used MT4's ADX function call as a quick fix.

Igorad coded his ADX to copy VT and that is the best approach.
I will be adding some variables into Igorads ADX and attempting to find the settings that best match VT. The big unknown is "how many rules did VT break when they wrote their ADX and the ema routine it uses"?
The rest of the differences should be minor.

The idea is to get away from manufacturers function calls altogether.
Then what you see in the code is exactly what you get, no grey areas.

Want to code the ema too, same intentions.
May even be able to improve on Bemac by having adustable ema options...
For now, Bemac still seems to be the best.

[PYenner]

Walter

Good news.
A quick fix for VarMA_v1.mq4.
Find these lines at the end of the code.

VMA[shift] = (1 - Const) * VMA[shift+1] + Const *Close[shift];
VarMA[shift] = (VMA[shift] + VMA[shift+1])/2;
}

for( shift=limit; shift>=0; shift--)
MA[shift] = iMAOnArray(VarMA,0,MA_Len gth,0,MA_Mode,shift);
//----
return(0);
}

Comment out the top two lines and add one more line like this...

VarMA[shift]=((2-Const)*VarMA[shift+1]+Const*Close[shift])/2;
//VMA[shift] = (1 - Const) * VMA[shift+1] + Const *Close[shift];
//VarMA[shift] = (VMA[shift] + VMA[shift+1])/2;
}

for( shift=limit; shift>=0; shift--)
MA[shift] = iMAOnArray(VarMA,0,MA_Len gth,0,MA_Mode,shift);
//----
return(0);
}

The result should be almost identical to VT.
The equation is unchanged, it just uses one less array and less number crunching, but it is enough to make 5 pips difference on a 100 pip movement.
Hard to believe that double precision math inaccuracies made so much difference.

[formor]

Hi PYenner,
Great job.
Can you put in improved version?