[Blu-Ray]

Originally Posted by unicorn »

Thank you Blu-Ray. I have understood the concept.

I don't use tradestation; I just read "ela"; no need for the eld file.

What are your results on an exit strategy? Have a look at the DAX chart on http://www.traderslaboratory.com/for...html#post23897 and join the discussion if you feel like it.

cheers.
Unicorn.

I'll take a look at those over the weekend, as it's 1am here and I need some

Cheers

Blu-Ray

[sundowner]

Hi Walter,

You gotta love the enthusiasm and quality of this thread.

You asked about the red line. It is PYenner's ADXVMA6_4bar (4).

PYenner, more power to you... glad you've found more effective tools.

Regards

[walterw]

Originally Posted by sundowner »

Hi Walter,

You gotta love the enthusiasm and quality of this thread.

You asked about the red line. It is PYenner's ADXVMA6_4bar (4).

Regards

I tell you Sundowner, I never dreamed of enjoying so much this great collaboration process... great people, great inputs ¡¡

I will check on adding that red line, as it confirms trend very nice...

A question on how are you managing timing... are you using a smaller time frame for that, what specific criteria ? ... thanks Walter.

PD: how do you do with lyfestyle to follow 30 min ? certainly an issue for me... lol

[sundowner]

Hi Walter,

Walter, I have no experience live trading. My trades are all on a demo account. If things continue as well as they have the last three weeks I am intending to go live in a month or so...thanks guys.

I live in Vancouver, Canada (GMT -7) and work full time. I demo trade the eur/jpy exclusively.

I find the eur/jpy makes some profitable moves between 5:00 a.m and 8:30 a.m. my time. I also find profitable moves during the asian session...better later in the session, say between 9:30 p.m. PDT and midnight. (just before the European and London Opens)

My wife watches t.v. reads, bakes, and is involved in a lot of stuff in the community. I sit with my laptop...dark at 6:00 p.m. now... no golf, don't want to walk the dogs in the evenings any more and it rains a bunch in the fall/winter here. (lifestyle stuff)

I look for swing highs and lows on htfs and use your centifugal/centipedal setups (I am finding your icon trades work well on 15/30 min charts setups) combined with PYenners indicators to pinpoint turning points. I'm just trying to take a piece out of the trend.

I found the swings too quick on the 1 and five minute chart...I was in and out late...I'm too slow to react that fast.

With the 15 or 30 min I can take a piece of the trend and it's been successful so far... too soon to tell really.

Hope that answers your questions about lifestyle and such, not to clutter your thread.

Sorry for the length of the post.. Friday night and beer.

Regards

[walterw]

Thanks for this answer Sundowner... Its really a great topic for me...

I do see the advantage of playing with larger timeframes as I know the setups are much more reliable... on the other hand my scalping roots play a great psicological pressure to play each small efective swing...

So I like to see what you are doing on that time frame... I would apreciate if you can keep posting charts on the Chimp forex trades thread as I really would like to see your evolution on that time frame...

May I ask again exactly the inputs of each line... would apreciate that... thanks for interacting, you dont clott nothing here... please interact as much you want... cheers Walter.

[walterw]

Sparrow : Can I ask you another great favor ? ...

Apart from vma`s another good lead indicator I like to use is the Hull average... It has some roll normally on my researches...

Could it be possible to program a two line indicator where the first one will be a Hull average and the second a signal of the hull with type of ma alternatives : simple, exponential , linear weighted and Hull...

That would be of great help to what I am looking right now... thanks a lot for your comitment into this great process ¡¡ cheers Walter.

[sundowner]

Hi Walter

your request:

The charts are identical, just the 1 hr is minus the horizon line. (ADXVMA16)

Green ADXVMA6 Bar (6)

Red ADXMA4 (4)

Red line/green line interaction for trend on hourly.

The white line is a DECEMA 12, virtually identical to the HMA 9 you have been using.

The thick lines on the hourly mean I would look for set ups and enter / take profit according to the trend...thin lines on the 15 min are potential trades.

regards

[PYenner]

Originally Posted by sundowner »

I found the swings too quick on the 1 and five minute chart...I was in and out late...I'm too slow to react that fast.

With the 15 or 30 min I can take a piece of the trend and it's been successful so far... too soon to tell really.

Have been using Chimp3_1 on 1min and 5min, scalping out on momentum peaks. Don't know if it would add anything to the 15min or 30min picture, one way to find out. It would also help to have an exhaustion meter that tells you how long this ladder is going to last...