[walterw]

Originally Posted by PYenner »

Gee Walter

I'm glad you can see the same stuff I can see in that indicator.
While my understanding is vague, it is difficult to explain what I only partly see.

Yes the turbo bit would be an aid to experienced traders but an unreliable confusing thing for beginners. There is no substitute for market experience.

About a week back I had some "inspiration" about scalping but it seems to have got lost on me again. Maybe it will come back, maybe I have gone past it. It is good that we can speak the same language and see what the other sees.

I am seeing a lot of icons these days too.
Communication is a powerful tool.

Certainly Pyenner the EDGE on this indicator is the "horizontal efect" come and go... when it starts as when it finishes... it tells us a shift of cycle to trending condition...


I spend years trying to find an indicator that could tell me without lagging that information and you know what vualÃÂ* ¡¡¡ ... 12 years later we got it ¡¡ and Bemac, Igorad and yourself Pyenner got a great credit on it ¡¡... cheers Walter.

[PYenner]

Yes
Bollinger band is a bit like the way a "turbo vma" line would converge and diverge from the main base line. It would mostly run between the price line and the smoother base line curve.
And yes again, if you have a turbo line for the purpose of warning you which way the trend will emerge from a flat line, then it will also be there up the trend, showing more mini steps and ladders while the main line follows a smoother path and only bends into the bigger flats, ignores the mini flats.

One idea sort of leads you into more ideas, unexpected ones.

I'm sorry I didn't answer your earlier question about what times I was using in that chart with 3 lines close to an up trend. I dont remember. The fastest line was probably a bit faster than a normal 1 min base line and the other two a little slower.
Sorry to be vague, too soon to get getting exact.

[walterw]

For example... one simple "Trend definition" could be using a larger base vma line with inputs 1-256-128-0-1 (cyan line) and saying :

red > cyan = up trend

red < cyan = down trend

so that could give trend definition...

then timing could be managed with ladderings of the red with the spreading of its bollinger... I am thinking in loud voice... totally just ideas... cheers Walter.

[PYenner]

Yes

You have got the picture about lines that are near to a normal 1 min base line. Say like close in 3/4 min turbo, 1min normal and 3 min line further out still.

On top of that, change into 5th gear, overdrive.
Zoom out your 1 min chart for the long range view.

Because a 16 min base line is way outside the spread of your current 1 min fantail. Repost this pix.

On this, the orange line runs about where the outside magenta edge of your 1 min fantail might be.
But the orange line would also be about where your 5 min base line would be if you could see it on the same chart.

Now say the red line is about where the outside magenta line of the 5 min fantail would be.

OK now look at where that Magenta line is, way outside, its a base line from a 16 minute chart, long range trading stuff. Way past 5 min stuff.

Look at the way the faster lines weave about the slowest magenta line.

Sometimes the price breaks out, and then there is no way of predicting how far it will go. When that happens, its magenta that has to catch up to all the faster lines. But on the occasions when the price turns back inwards towards the slowest magenta line, then magenta gives you a target price for the eventual meeting of all those lines.

You will see in there also an icon trade which breaks my "rule" about trading the outswing back towards the magenta "centre" line.

There is a trading path there that I can see but can't really explain.

I can't promise to deliver on this stuff, it is just stuff that might go somewhere, might go nowhere. Vague ideas.

[walterw]

Vague ideas... no problem with that... all great inventions where originally vague ideas

let me see Pyenner what your first vague idea its all about... you have a very strong midline (magenta line ) it is a line in the sand... we could say that she represents some kind of center of all action and from that line we could expect centrifugal or centripetal action...

In this idea you are presenting a centripetal action (refreshing) to the magenta line.. and you are using the smaller vmas to time entries with some laddering... would this be the idea ? cheers Walter.

[Armand]

Walter and PYenner...Great posts...very interesting and helpful information. Thanks for sharing this. Walter please keep the videos coming, your explainations help clear up many things. Somehow hearing it makes it much clearer for me than reading it (at least for me!). I wonder if there is a way to post the latest revisions of the fantail_vma for mt4 with a rev. number and some sort of description. I would like to begin testing with a demo account but am a little confused as to which version to try.

...one last thing...PYenner...would you mind giving us a phonetical pronunciation of your screen name. Is it "pie"-ner or "P" - Yenner... no biggie...just curious. Thanks to both of you for all your hard work on this project...Armand

[walterw]

The "horizontal effect" is the true backbone of the chimps epiphany...

without horizontal efect (HE) we are just presenting another regular TA method... but with the HE we are talking about something diferent, something with edge, something that opens to new research dimensions...

The HE tells us a lot of things... it tells us the shift of condition between cycle and trending..

Now when the HE finishes and the line starts to travel in one particular direction it is telling us that we may have some posible timing readings with this feature... I call that "Laddering"... you are having a ladder literally and its telling you, we may travel in that direction...

let me explain a little on next post with a video... cheers Walter.

[PYenner]

Originally Posted by Armand »

Walter and PYenner...Great posts...very interesting and helpful information. Thanks for sharing this. Walter please keep the videos coming, your explainations help clear up many things. Somehow hearing it makes it much clearer for me than reading it (at least for me!). I wonder if there is a way to post the latest revisions of the fantail_vma for mt4 with a rev. number and some sort of description. I would like to begin testing with a demo account but am a little confused as to which version to try.

...one last thing...PYenner...would you mind giving us a phonetical pronunciation of your screen name. Is it "pie"-ner or "P" - Yenner... no biggie...just curious. Thanks to both of you for all your hard work on this project...Armand

Hi Armand

I mostly trade GBPJPY, Pound Yen to me, so the tag was Pee Yen er.
The real name is Bruce but I'm not Scottish either...
Not a biggie.

Yes, I risk confusing people with the vagueness of thoughts that are still forming and I probably should do a video for some of the stuff, but I'm no rock star or politician argh.

I'm kind of in limbo over which step to take next because the view ahead keeps shifting, and I'm also quite slow at programming.

Stay tuned, I hope I will get more focus.