[unicorn]

Originally Posted by sundowner »

I will attach the mq4 file of the decema

Hello Sundowner

thanks for the code.

Originally Posted by sundowner »

I am unable to determine trend fatigue and, as I said, struggle with exits using the vmas or chimp 2-1 turning, sometimes s/r. I'm hoping someone will come up with something better.

Walter is using BOP divergence to enter countertrend trades. You can use them to exit your trend trades. Study the info on the Futures Scalps thread.
I think it will work great, when there is a divergence and price crosses a trendline to confirm that actually the trend is over.

Give it a try and post a few charts.

cheers
Unicorn.

[PYenner]

Originally Posted by unicorn »

Yes it does drive me nuts. Walter is putting in a lot of time. You have put in a lot of time. I have put in a lot of time. Now that Walter wants to come up with the final formulation, I believe that the tools that he and we will use must be in top shape. That's why I will help you clean the code. As a matter of fact I already did. The following code incorporates my suggestions for higher ema resolution.

The added benefit is that this code will run faster, as it by-passes the Wilder's divisions in the previous implementation. Divisions need more cpu time than multiplications.

Agree and thanks for sorting out the issues including using a sensible stochastic loop. Its a pity it was not done in a consistent portable way from the start.

It is only the human preference for whole numbers that restricts the resolution, the ema number is an unrestrictive double and is not confined to integer values. Portability is the benefit.
Thank you
Bruce

[unicorn]

Originally Posted by PYenner »

It is only the human preference for whole numbers that restricts the resolution,

TRUE. Then again these whole numbers correspond to bars and it makes a lot more sense to our technical analysis background to say that we apply a 6 bar stochastic to a 10 bar or 11 bar ema smoothed modified adx and all this is used to compute a 10 or 11 or 12 ema_period vma.

Originally Posted by PYenner »

the ema number is an unrestrictive double and is not confined to integer values.

Indeed. I just cannot clearly understand what a 3.5 bar ema is;
well, yes it is an ema faster than a 4 bar ema and slower than a 3 bar ema; ok this is as far as I will interpret it.

But I may also point out that the adxvma(6) sometimes is a 7.5 bar ema and other times a 10.3 bar ema. Fine.

Lets do it for portability's shake.
The likely benefit will be an insightful observation by someone reading this thread.

What is amazing is that very few folks post charts, as if they are not sure it's worth their time ; perhaps readers are wondering if we are using a bona fide vma, or waiting for Walter to say "this is the final setting for this trade setup".
OR they are using this method to trade profitably and they think that we are overdoing it with this analysis.

cheers.
Unicorn.

[walterw]

So far at this point after some testings I am more inclined to use mt4 ...

its true I dont have tick charts there but still its good for forex vmar trading and I never had any data issues there... cant go live tradimng on a platform that sometimes haves 2 or 3 hours of data gap (forex data) ... its not responsable, I am very glad with all the super indicators we got there,I know they will be usefull for lot of people, still data issues are not good... cheers Walter.

[PYenner]

Originally Posted by unicorn »

The likely benefit will be an insightful observation by someone reading this thread.
What is amazing is that very few folks post charts, as if they are not sure it's worth their time ; perhaps readers are wondering if we are using a bona fide vma, or waiting for Walter to say "this is the final setting for this trade setup".
OR they are using this method to trade profitably and they think that we are overdoing it with this analysis.

The insights and the analysis are good, necessary.
Posting charts and a trading log is not realistic for me.
I am trading it profitably and that is one priority.
I run two other businesses and them and their customers are also priorities.
The timing of the tidy up is a lesser priority for me because it has to be, I have prior obligations to many others particularly over the xmas silly season.
Bruce

[unicorn]

Originally Posted by sundowner »

If you wouldn't mind, indulge me one more time and have a quick look at these charts... then I'll let things go. The basic concept here is classic support and resistance. My information comes from Martin Pring.

Sundowner;

I see divergence (warning of trend change);
Then I see trendline break (confirmation of trend change) thus EXIT.

I think that Pring is a good source for divergence.

Take it easy.
Unicorn.

[unicorn]

Originally Posted by unicorn »

I see divergence (warning of trend change);
Then I see trendline break (confirmation of trend change) thus EXIT.

Sundowner;

And this chart has the equivalent of adxvma(6) and adxvma(2) that I presume that you follow.

Take it easy.
Unicorn.

[sundowner]

Thanks for the input Unicorn, nice looking charts.

As you know I use metatrader, and if I understand correctly your divergence indicator does not translate. Trend line break ...very good idea.

Here's a trade I took this evening (Sunday about 6:00 pst)..if only they were all as stress free as this.

Thanks for your input this weekend guys. I appreciate it.

Have a nice week.

Regards