[PYenner]

Originally Posted by formor »

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

I could but it would also need to have a new tpl file for the fantail and I don't know which version people want.
1. Igorads version
2. Walters version with some line colors charged
3. Foreground reversed fantail, Yellow in front, Magenta behind.
4. Foreground reversed but with Walters changes?
5. ???

[freex]

[QUOTE=PYenner;18691]Walter

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

Hi

is this fix is for VarMA_v1.1.mq4 or VarMA_v1.mq4

freex

[freex]

Originally Posted by PYenner »

Walter

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

Hi

PYenner is this fix is for VarMA_v1.mq4 or for VarMA_v1.1mq4 fixed by Igorad?

I don't know which version people want.

In my opinion walter's version Ad.2 is correct but evryone can make his own changes in template. I am waiting for attachemnt.

[walterw]

Originally Posted by PYenner »

I could but it would also need to have a new tpl file for the fantail and I don't know which version people want.
1. Igorads version
2. Walters version with some line colors charged
3. Foreground reversed fantail, Yellow in front, Magenta behind.
4. Foreground reversed but with Walters changes?
5. ???

Hi Pyenner your spirit of perseverance its outstanding ¡¡ we should add you on the vip section of the "Tokyo Gang" ¡¡

about my template preference, I like the grey background with black line... the only thick lines for me are the black, darkgreen and magenta... thats my two cents here... great job Pyenner ¡¡ cheers Walter.

[walterw]

So from this revisited structure of a "VMAR Icon" Trade let me go thru the definitions once again... I know it might sound like a broken record, but I want to make sure you really get it...

Our new trade structure will be :

_SETUPING

_TIMING

_EXITING

very simple one...

let me start with the definition of _SETUPING

On this Phase we start to look for a reason to get inside a trade...

that reason is simplified to a very clear pattern wich actually is the ICON..

the icon as we already explained is situated on a very competitive area of a prospect move... actually on the begining of this move...

So to remember, this is how a VMAR Icon concept looks like :



Now until Where on that Icon concept we can say we have a SETUPING ?

well on the graph below you can see that we consider a SETUPING being completly formed when we have a 1rst Intention and we also have a Pullback ... those two moves are conforming a setuping...





Now we have to also add here a vital condition wich is the basic trend definition (black line above/below magenta line)...

Normally the 1st intention on the icon makes the bars cross the magenta line and you still dont have the black line on the correct side of the magenta line for basic trend definition... so we expect to see at least during the pullback this black line already on the right side of the magenta line...




So in the above chart you got a very good SETUPING defintion in front of you..

on the next post I show you some real life examples... remember all this is on the 5 min chart... cheers Walter.

[walterw]

Here I attach some real life examples...






The blue circles are a SETUPING .... wich includes the two steps 1rst Intention and Pullback with the black line on the correct side of the magenta line... so thats the first phase of a "VMAR Icon" Trade... I believe its no brainer...

on next post a video explaining this... cheers Walter.

[walterw]

And here a Video on Setuping...

next we will go again thru timing (our second phase)... cheers Walter.

[MasterBlaster]

Hey Walter,

Great stuff here! I followed you over from ForexFactory. Been following LinuxTroll and the Cyrox Rainbow for a while now. It's a great method and I really like the additions you've made here.

I would like to suggest an alternative exit for study. The Two Bar exit consists of making your entry off of the 1 minute charts then going back to the 5 minute charts for your exit criteria. The way the two bar exit works is that your exit trails price by the greatest distance of the previous two bars plus spread. As with all exit criteria, this will perform better than the 1 min Xover criteria in some cases and worse in others. It's great for keeping you in steep moves with flat VMAR periods (consolidation). Hope this helps.

Cheers