[PYenner]

On second thoughts, it can do a bit more than just smooth.
If weightDX and weightOut have similar numbers, it may reduce the ripple near the zero line, just guessing.

[walterw]

higher dx values put the oscillator practically all above 0... unfortunatelly dont find any usage to that phenomena as my original thought was...

lots of variations here... I find some trend bias aplications on some normal settings... for chimp2-2...

[walterw]

I also find very nice clean timing aplications for chimp 2-2 on a 1 min chart...

say you had an x setup being built on a 5 min chart and want to do a "very specific timing" on 1 min chart...

I attach example with chimp2-2 inputs 5-5-1-5... also applied a signal line with sma 8 of chimp...




its a very clean way of getting into a trade... no double guess here...

cheers The Chimp.

[PYenner]

There is some trend confusion in all the chimps.
The adx was built to work with positive values only, getting it to work with + and - has only been partly achieved not fully achieved so far.
This is just a quick look to see if it is worth taking any further.

[walterw]

So far I can see if used properly, they can become timing gems for scalping...



they do give a clean panorama for entries in a scalping aproach... cheers The Chimp.

[walterw]

for example (this is only for scalpers)... if you want to scalp your way to 8 bucks/contract daily with trend and countertrend setups... this combo of vma`s plus this clean timing oscillator can do it prety nice...



again, only for scalpers, at least on this time frame... cheers The chimp..

[PYenner]

Chimp1_6Mom.mq4
This one shows honest momentum in pips/min (for 1min chart) with no smoothing.
But if you add some smoothing you get a price bias favouring the trend as well as some lag, looks more attractive but it isn't reality.
Is a genuine momentum oscillator any use for trading, or does it just tell you what you already found out the hard way?

It will be interesting to see how vma reacts when it gets fed the truth with no BS...

[unicorn]

Originally Posted by PYenner »

Very confusing to find 1min in HE but 5 min laddering.

.

What is HE ???