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| | #41 | ||
![]() | Re: The Chimp`s "Forex Trades" On the clean context of our 5 min chart with our three lines (2 of them are vma`s ) and our clean oscillator, we have the tools to understand if the market condition is or will be centrifugal or centripetal in relation to the axis... and from there on we are ready to aproach the diferent setups we may have on each of this contexts... This task I call it : SETUPING you are looking for setups... It is the first task you will make on the entire process... NOW... once you see a setup on your 5 min chart, here comes the great challenge ¡¡ : TIMING when will you take the trade ? We talked about inflections... thats where the cycles, end and start, thats the place to take our entries... BUT there is a big problem ¡¡ called NOISE... and if you observed the oscillator, most probably you already criticized how many false signal he gives.... well yes, thats absolutely true, thats why I dont use the oscillator for timing purposes... I prefer to just use him to tell me if a cycle may be ready for an inflection...So how can we get good timing ? vma`s is the good answer... continue on next post... cheers The Chimp.
__________________ you must enjoy trading... otherwise you shouldnt trade... | ||
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| | #42 | ||
![]() | Re: The Chimp`s "Forex Trades" | ||
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| | #43 | ||
![]() | Re: The Chimp`s "Forex Trades" Thank you | ||
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| | #44 | ||
![]() | Re: The Chimp`s "Forex Trades" Quote:
Quote:
Thanks Sun... this process is really evolving... keep tuned as the timing issue will really give us the edge we need... cheers Walter
__________________ you must enjoy trading... otherwise you shouldnt trade... | ||
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| | #45 | ||
![]() | Re: The Chimp`s "Forex Trades" Quote:
You are a teacher, Walter. It is very clear the concepts you are talking about. You understand and teach the movements of the market very clearly.. ![]() Thanks again to share to us your researches | ||
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| | #46 | ||
![]() | Re: The Chimp`s "Forex Trades" Quote:
Thanks Cattus, glad to be of some help... Its very important to grasp this setups concepts first, then as the thread is about to evolve you will see how the true power of vma`s will get unleashed on timing... cheers Walter.
__________________ you must enjoy trading... otherwise you shouldnt trade... | ||
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| | #47 | ||
![]() | Re: The Chimp`s "Forex Trades" Thank you. It looks like the Chimp is explaining the "rubber band" theory. Well, it is very simple and clear. I am "hungry" for more. ![]() Blu-Ray, Where are you? The party is not over yet. There are still beer and coffee on the table. ![]() We need your help to convert the following indicators in this thread to ELD code. Thank you. Attached Files File Type: mq4 ADXVMA6_12bar.mq4 (6.4 KB, 13 views) File Type: mq4 ADXVMA6_16bar.mq4 (6.4 KB, 13 views) File Type: mq4 Chimp2_1.mq4 (4.3 KB, 13 views) File Type: mq4 TLOMI NonLagMA_v4.mq4 (4.6 KB, 13 views) File Type: tpl chimp 5 min chart. tpl (2.2 KB, 12 views) | ||
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| | #48 | ||
![]() | Re: The Chimp`s "Forex Trades" Lets asume you already have somehow a clear understanding of your Setuping process... you grasped the idea of NET and REFRESH trends with our three lines, now you are able to anticipate Centrifugal and Centripetal action... and you are ready to play some Setups on this contexts like Icon and Continuation on Centrifugal context, as M`s and Refresh on Centripetal context... You understanded that the market behaves on cycles waves... where we have inflections and moves, and you understand that you will have to time your entries on the inflections of this cycles... NOW... how can I get a clean optimized signal ?... well, we have to revisit the blessings of Vma... Normally entry signals are plagued with whipsaws... the reason for that is very simple, there is a great amount of undesired sub-cycles inside the cycle that really interests me... sometimes this sub-cycles do have a level of volatility that exceeds "my" cycle`s volatility and hence gives false signals... the graph I originally presented when I discovered the power of Vma`s on my epiphany was this : ![]() you can see that other indicators DO plot the noise of the undesired sub-cycles... but Vma`s would absorb them and become horizontal... here the birth of the Horizontal Effect (HE)... in consecuence we get less amount of "signals" using the vma`s... Thats the way that vma`s have the abilty to supress all the undesired noise and bring the information down to the basic and really necesary one to time our trades... the final result is a clean line that gives very little false signals and interestingly it still leads (no lag)... on other indicators you may be able to work out a clean plotting paying a very high price of lag... not much with vma`s... So with this edge on our side thanks to vma`s and thanks to the unresting programing work from Bruce (Pyenner)... we are able to aim "Superb Timing"... continue after a good cup of cofee ¡¡ jejeje... cheers The Chimp.
__________________ you must enjoy trading... otherwise you shouldnt trade... | ||
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