[sundowner]

Sorry for the double post, but I forgot the chart.

The chart has an example of two alert candles. You will notice a number more.

Cheers

[PYenner]

Thank you sundowner

My view of what goes on inside our version keeps shifting.
The ADX approach we use has a problem with the horizontals lasting too long or even happening when they shouldn't.
I first thought the ADX worked in terms of prices, swings, but it now looks like one important part is effectively looking for long candles.
Long candles do go with laddering, but to have the length of the last longest laddering candle controlling how long the horizonal lasts is a bit single minded.
Trying to find a more logical approach, get more control.

Also didn't know MT4 lets you control the candles, that might fix our problem with the fantail covering up the candles maybe.

Thank you

[sundowner]

One last post about timing a trade with RandyCandles and then I'll leave it to you folks to decide if it's worth pursuing. The difficulty with these candle formations is that the move following the entry candle (the candles following the alert candle) is sometimes not worth trading and I haven't sorted out how to know the difference.

These two charts are examples of timing trades using RC's. The first chart is a series of trades following the laddering that work very well as you will see, the other chart is of some trades didn't work out well.

Cheers

[PYenner]

Yes sundowner

It has a lot of potential but that one major limitation.
Walters inspiration with the Horizontal effect is I believe all about just that problem and his use of 5min charts seems to help eliminate the less certain entries. But less sensible people like me tend to want to trade anything that moves, impatient. Quality entries are what it is all about.

Can I confess to being a bit phobic about heiken?
It confused the heck out of me the first time I tried to make some sense of it.
It was sad to see the thread on Randy fizzle out.
Maybe I am not the only one that finds heiken tough to penetrate

I don't know what will come out of this project yet.
But there sure is potential.
Cheers

[PYenner]

Walter
Just a quick pic of progressive entry attempt.
3 lines with different HEs, give turbo, medium and later entry signals.

Darn gotta go work
Cheers

[sundowner]

Originally Posted by PYenner »

Yes sundowner

It has a lot of potential but that one major limitation.
Walters inspiration with the Horizontal effect is I believe all about just that problem and his use of 5min charts seems to help eliminate the less certain entries.

I don't know what will come out of this project yet.
But there sure is potential.
Cheers

Hi PYenner,

I couldn't agree more. Walter's inspiration about the HE is what attracted me to these threads. Brilliant really.

I look forward to your further posts and hope you will consider this brief digression into RCs as light diversion. I did not mean to shift your focus.

Regards

[siddeshsd]

Hi,

I have developed EA based on fantailVMA3 indicator.

Pl. develop this.

Regards,

siddeshsd

[walterw]

Originally Posted by PYenner »

Walter
Just a quick pic of progressive entry attempt.
3 lines with different HEs, give turbo, medium and later entry signals.

Darn gotta go work
Cheers

they look interesting Bruce... I imagine that you have 5324 alternatives codes for thight vma`s uhuu ? jejejeje I liked the one you posted on post# 126 ... keep that up man ¡¡ cheers Walter.