[sundowner]

Greetings PYenner,

I thought your recent reply was brilliant actually.

Thank you for taking the time to point out, as the elders of the Sechelt Native Band say, “the perils of my walk�. Better to hear it now than experience those sad truths live trading.

Far from being offended by the directness, PYenner, I appreciate the counsel and the gracious way you have treated these silly newbie posts of mine.

Chalk it up to inexperience, excitement and enthusiasm for new ideas and the great potential of these threads. I think if I were in your shoes, reading these inane posts of mine, I would have said STFU (I had to google that) and listen you damn fool.

In truth, I will do exactly that (STFU) and see what evolves.

Still like to see adxvma 7…. Sorry, just can’t help it.

Regards and thanks.

[PYenner]

Originally Posted by walterw »

what sounded interesting to me is what you mentioned about bid and ask volumes... interesting... could this generate some synthetic delta ?

I have some hopes but also trying not to have hopes because it is nowhere near as good as real volume. Bid and ask is only available from live feed, that data isn't stored in history charts, so any volume info that can be built from it can also not be stored easily. Bit of a pest, experiment and see what comes out yeah?
Cheers
Bruce

[PYenner]

Originally Posted by sundowner »

Thank you for taking the time to point out, as the elders of the Sechelt Native Band say, “the perils of my walk�. Better to hear it now than experience those sad truths live trading.

Far from being offended by the directness, PYenner, I appreciate the counsel and the gracious way you have treated these silly newbie posts of mine.

Chalk it up to inexperience, excitement and enthusiasm for new ideas and the great potential of these threads. I think if I were in your shoes, reading these inane posts of mine, I would have said STFU (I had to google that) and listen you damn fool. In truth, I will do exactly that (STFU) and see what evolves.

Glad it was received ok.
You aint no fool, just human like the rest of us.
Each path brings both payoff and peril, big learning curve.
Walters path promises payoff with minimum peril and I love that.
Scalping came naturally to me, trend trading was a new opportunity that came to me later and the perils showed up in time.
So I am comfortable with scalping, it fits my fingerprint as Soultrader calls it.
If scalping is too fast for you, then maybe your fingerprint will be in longer trades. So don't shut up and don't stop trying. Do keep talking.
This forum is a great sanity saver for traders.

The entry drawdown thing has been called catching a falling knife.
It does not have an easy answer that I know of.
You are right to identify it as a major problem for longer trades.
They also have an obviously high payout per trade.
My losses came out of profit, they were not outright losses.
So it can work but the drawdown or outright losses are very testing, high psycho impact and that is why I look for alternatives now, less stress.
I did not find a good drawdown/stoploss rule for longer entries, things varied too much from week to week.
So you asked a damn good question but the best I can say is it remains a toughy, didn't find a good answer to it yet.
Tolerating drawdown was the only way I was able to trend trade gbpjpy, it did work overall but hell you can lose big too, the psycho stress was the killer, it was turning trading into a high stakes gamble and that was bad news.
What you are attempting is possible, its just damn hard on your insides.
GBPUSD or EURJPY are probably safer than GBPJPY.
Sorry for the unconstructive nature of my 2 cents worth.
I have not finished my first year of trading yet so I am still a noob too.
Bruce

[unicorn]

Originally Posted by PYenner »

Yes, I need to tidy the mess up and as you say, get the charts displaying the parameters.

Hello Bruce;
I thought that you have transferred to Ninja Trader.

Originally Posted by PYenner »

There is also a small bug in adxvma6 which is what they all are, except for the original fantailVMA1_1.
... it works so the need to tidy it up is not urgent.

Bruce

I realize that cleaning up the code is not your priority, BUT please explain
1) why the _16, or _12 or _6 suffixes, I thought that they are minor fixes...
2) why the _test3 ? what are you testing? what is the outcome? better, worse?
3) what is the minor bug?
4) what are the input parameters and their corresponding values, as selected by Walter on his charts.

I have coded adxvma6 in Amibroker but the vma curves I get are not identical to what Walter has on the posted charts.
What I worry about is the following:
a) there might be a small bug that creates the difference ; small BUG - big disappointment!
b) I certainly do not want the good attributes of the adxvma6 to be due to a small bug; and I certainly hope that after the bug is fixed, the shape of the adxvma6(adxbars=6) will not be transformed and become less successful in indicating the horizontal effect and the laddering.

PLEASE paste on a message the few lines of code that have the bug and explain what the problem is; you can fix the bug at your convenience later.

Last BUT not least, if you are going to place trades using this, you need as much verification by others, programming the same idea and verifying that it always produces the same desirable result.

Take care.
Unicorn.

[unicorn]

Originally Posted by sundowner »

Here is a chart showing a couple of successful trades this week.

Hello sundowner;

Nice trades.

Why did you not take the first cross of the white curve (I assume no_lag_ma) and the red curve (I assume adxvma6(adxperiods=2) ).

By the way please clarify:
which indicator is the white curve, what value is the parameter?
which indicator is the red curve, what value is the parameter?
which indicator is the green curve, what value is the parameter?

When did you exit the trades?

cheers.
Unicorn.

[walterw]

Originally Posted by unicorn »

Hello Walter;

I understand that the vma research has come to a conclusion regarding the trade setups.

A lot of versions have been developed: adxvma_12 bars, adxvma_16_bars, adxvma_6bars, adxvmatest3, you name it... and it is not clear which one is regarded as the best for this task.

I would very much appreciate your clarification regarding which is the final version of the vma indicator used for the setup and the timing,
AND the exact parameters used (because the charts posted do not show any parameters).

Perhaps a chart in Ninja Trader would help to clarify the final settings.

As always, your charts and presentations are appreciated.

Regards;
Unicorn.

Hi Unicorn, thats precisely what I am working right now... taking some decisions into wich is the better combination of indicators, even I am still not convinced of using NT as it has data problems... so I am letting the sands settle down and once I get the most simple and optimized combo I will make it public on a new thread... my idea is going live with that defined combination and be consistent posting my live trades during a year at least...

So that thread will be diferent to the research threads as it will show something already defined and used on the live realm... it will be cool... cheers Walter.

[sundowner]

Hi Unicorn,

To answer your questions:

Green ADXVMA6 Bar (6)

Red ADXMA4 (4)

The white line is a DECEMA 12, virtually identical to the HMA 9.

I was not at my computer at the time of the first indicated trade, and it was well on its way so I waited for the retracement, hoping to see a continuation of the trend.

Exit when decema (white) turns to cross red (4). I struggle with exits.

Hope that answers your questions.

[walterw]

EXCELLENT Advices here Bruce ¡¡ I like your clear understanding in not getting married with any particular bias about the market but riding the waves and taking home the pips of each of this momentum driven waves... (call it scalping, etc ) certainly vma`s do a great job in creating a great amplified visual context to take this very simple trades and profit on a regular basis...

No needs to buy and hold or short and hold... if the trade its not going on the correct way you are out (tight), there will be lots of oportunities ahead ¡¡ thats the beauty of trading, it is a signed blanck check of oportunities, just need to focus on taking the ones that really have the best competitive potential output, and vma`s do a great job showing those ones...

Nice inputs here guys... cheers Walter.