[walterw]

Originally Posted by PYenner »

Yes it would be nice to find something like that and the only way to find it is to spend time trying things out. Got a feeling that some more vma lines in there near the price might be more useful than the yellow ema lines currently are.

Gee the fantails look nice when you get a bunch of them up on the screen.

yeap.... charts are welcome ¡¡ lets get waco...

[walterw]

Some counter exhaustion future aplications...

with fantailvma3 template + fantailvma3 base line (red) inputs 64-8-1-1





the title of this thread is "playing with the vma`s" so I am entitled to do all this here... jejejje cheers Walter.

[walterw]

This two continuation icons that just happened...

timing with fantailvma3 template and yellow dark green relationship...



this one was leading... let me compare to old basic timing :



you can notice the contrasted lag... quite a contrast ¡¡ cheers Walter.

[walterw]

For example... if we wanted to use a counter method on an evident exhaustion scenario... look how the fantailvma3 template gives a nice competitive timing...



all ideas... cheers Walter.

[PYenner]

Originally Posted by walterw »

Here I post a second combination... in this case I have the fantailvma3 template + a fantailvma1 base line (black)... this gives a nice clean relationship between the yellow and the black lines (maybe not so leading) but quite nice relation... unfortunately on todays case we had a whipsaw on this combination...

I like the way yellow leads black, gives a good trend confirmation, yellow below black=fall, yellow above black=rise, so when yellow meets black time to close or reverse?? But the whipsaw thing, how do you know beforehand that a short is going to lack momentum and go nowhere? Now it would be nice to have some indication of which trades will not be so good. Was trying to demo trade this messy stuff and getting mixed results because it is mixed up stuff in that whipsaw area.

By the way I put internal limiting in VMA3 so if you put in 64-10 all you get is the maximum 8-8, maybe I was too conservative using 8-8 but that looked like being enough to get HEs about as long as VMA1.

The last two settings numbers are used by the template file to send ema numbers for each of the fantail lines. So when you are running VMA3 without a template, using x-y-2-1 will give you the position of the second line in the fantail, x-y-4-1 gives the third line, the dark green line is like x-y-26-1 I think and x-y-100-1 should be the end of the rainbow, magenta line.

[PYenner]

Gee just realized it may be easy to add in secondary VMA lines, slower ones, just by putting them in the template file, hell that would be so much easier than having to do extra coding for them, Duhhh.

[walterw]

Originally Posted by PYenner »

I like the way yellow leads black, gives a good trend confirmation, yellow below black=fall, yellow above black=rise, so when yellow meets black time to close or reverse?? But the whipsaw thing, how do you know beforehand that a short is going to lack momentum and go nowhere? Now it would be nice to have some indication of which trades will not be so good. Was trying to demo trade this messy stuff and getting mixed results because it is mixed up stuff in that whipsaw area.

By the way I put internal limiting in VMA3 so if you put in 64-10 all you get is the maximum 8-8, maybe I was too conservative using 8-8 but that looked like being enough to get HEs about as long as VMA1.

The last two settings numbers are used by the template file to send ema numbers for each of the fantail lines. So when you are running VMA3 without a template, using x-y-2-1 will give you the position of the second line in the fantail, x-y-4-1 gives the third line, the dark green line is like x-y-26-1 I think and x-y-100-1 should be the end of the rainbow, magenta line.

Nice Explanation there Bruce about those inputs, that means we can get to plot lets say 200 (long away rainbow signal)...

when looking at this small charts with this small tools you can loose focus... thats why you MUST have a setup (whatever) decided from a higher time frame (ej 5 min) otherwise the 1 min will be tricky... now can you scalp from the 1 min ? YES you can... but you need a very solid definition of trend... its very recomendable having very long shot lines on the 1 min if scalping is in the proyect...

Now that you explained this parameters, look at the red line... it is 200... gives a more clear trend panorama for a 1 min scalper... cheers Walter.

[PYenner]

Nice one Walter.

Currently the 100 ema line needs 100 bars of chart history and 200 would need 200 bars which uses a lot more resources than are justified. May be able to get similar results from a less resource-hungry approach.
If you think the 200 line would be useful to have, let me know.

And yes, I was experimenting at using just the 1min for scalping at times when the 5min says to stay out. Thats me learning things the hard way over and over, bone headed. Sometimes there is a good strong go signal from the yellow line at the start of a ladder but it still may not mean much if the 5min has no trend.

Also I think the ADX front end can do a slighly better job at finding the trend but still got bugs to fix in that program. So there are possible VMA4, 5 and 6 in the works already, just don't know yet how much difference they might make.