Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

walterw

The Chimp`s "Forex Trades"

Recommended Posts

Hi guys.

 

I attach a pic and a MT4 indicator of a personal version of FXST3CCI. I took the ideas that Igorad used with the BOP indicator an I made something like that with the FX Snipper (the bars are colored depend of the difference between them (delta)). I tested it yesterday and today and I found it works good.

 

I understand a little to code in MT4, but I am not a coder, then, if somebody see something wrong in this version, let me know it, pls.

 

May be some of you find this version useful...

 

Regards.

 

Cattus

FX Sniper's T3 CCI_d.mq4

5aa70e2591618_FXST3CCIwdeltabars.thumb.png.2deda0b9b38c6e27cc3810cfdd6da0d8.png

Share this post


Link to post
Share on other sites
I thought I would share a video today of some posible divergence trades with BOP... notice timing when getting inside the rainbow works like a charm... I will take some rest this days... be back next week... cheers Walter.

 

Thanks Walter...another great video. This counter trend trade using BOP on ES looks very promising. Which version of the rainbow on MT4 did you use? I would like to track some ES trades using these indicators...10 ticks a day seems very doable. Enjoy your well deserved time off...Armand

Share this post


Link to post
Share on other sites
Hi Unicorn, thats precisely what I am working right now... taking some decisions into which 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...

 

Hello Walter;

 

How is the final vmar method shaping up?

It has been a couple of weeks that you have not posted much.

 

Take care.

Unicorn.

Share this post


Link to post
Share on other sites

Hi Unicorn... I did tour just about all the diferent variations of vma`s created... and it will not differ much to all what was presented so far...

 

The prefered pattern is the Icon...

 

At this point and with summer, swimingpool, etc on the midle I am testing "timeframes"... right now how vma`s can be valid to create a very solid system for longer moves... so I am on that right now... its clear that larger time frames get in conflict with lifestyle issues but no doubt trading forex on larger timeframes is better bussiness due to their high costs that is perfectly discounted on larger moves...

 

will keep posted.. sorry for my absence, I really feel responsable at this point for posting something that will be seriously tradeable...we will get there.. cheers Walter.

Share this post


Link to post
Share on other sites

Oh my GOD!!!!!

 

What a fantastic set of Indicators.

 

Walter love all your stuff, I don't know how u find all this stuff but keep it commin.

 

Blu-Ray is amazing for coding all these things for us...I see indicators not 1/2 as good being sold for $500-$1500 apiece and up.

 

again just wanted to say thanks!!!:thumbs up::thumbs up:

Share this post


Link to post
Share on other sites

I'd just like to draw you guys attention to the date and time function. If you look at the top left of each post you will see the date and time the post was made. You will see that the last time the thread was active or Walter posted was over a year ago. I echo the appreciation of Walters efforts however the 'keep on going' comments make no sense for something that has been dead a year.

 

It's fortunate that the thread is 'complete' if you read this and other threads by Walter you will learn how he uses CCI as a trigger, the price action he likes to see in the background and how he manages trades. However if you want to resurrect the thread I suggest that you post your own charts and observations :)

Share this post


Link to post
Share on other sites

You mean Walter does not have a time machine??

 

Well good timing never was my forte..

 

BTW...I am currently testing Walter's method on demo as it is similar to a method I used with great success on the ER2 b4 the CME lost it.

 

One question I am having is where to put stops as behind the last swing high/low leads to a very unfavorable RRR.

 

If anyone has tried this or a similar idea please PM me so we can talk a bit..

 

Good Luck Y'all :)

Share this post


Link to post
Share on other sites
Bump...

 

This is a great thread Walter. Just want to say thanks for all your hard work !!

 

Do you still trade this method? Have you any improvements to add?

 

Thanks Moxy and you all good people for your kind words ¡¡ it has been a great journey and improovments also where done, unfortunately I decided to do it available on a private basis.... about the validity of this material, it keeps working thru time... it has prooved to be consistent over time...

 

Trading must be simple and RRR has to be present always, about stops this thread has the chimp classic stop : http://www.traderslaboratory.com/forums/f24/chimp-s-universal-stop-system-2754.html

 

As always I am researching new variations that are going to be superb... again, this updates are available to a private group... still all material posted at TL its tradeable and its good enough to make you a living thru trading, our private stuff just has that extra edge... trading is FUN ¡¡¡ cheers Walter.

Share this post


Link to post
Share on other sites

WELL i just want to post a great thanks to all of you who participated to such an so complete trading system

 

:applaud::applaud:

 

i must say that people like you give strength to continue learning about trading and i hope one day i will be able to give back in return

 

again thank you walterw bluray peinner cattus and all TL members who participate to the building of this thread

Share this post


Link to post
Share on other sites

well in the last video with the BOP examples you were using a VMA rainbow to set up your refresh entries.May I ask to someone to post this VMA rainbow for MT4 with also the correct parameters input. Thanks in advance

Share this post


Link to post
Share on other sites
ok i think i found it on an another Walterw thread here :) :

 

http://www.traderslaboratory.com/forums/24/walter-s-forex-trend-trades-2364-28.html

 

 

Thanks Logan for your kind words, yes you can find inputs for metatrader based strategy on that thread... I actually trade with tick bars charts wich gives much better precision and scalping style... cheers Walter.

Share this post


Link to post
Share on other sites
Thanks Logan for your kind words, yes you can find inputs for metatrader based strategy on that thread... I actually trade with tick bars charts wich gives much better precision and scalping style... cheers Walter.

 

it's very few in comparison of the powerfull and readymade tools you and the TL team provide Lot of Thaanks again. I think you are talking about the new future scalp thread for the tick bars. I just read a few about it but i should dig it more. Thank you for this advice.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 29th March 2024. GBPUSD Analysis: The Pound Trades Higher But For How Long? The global Stocks Markets are closed due to Easter Friday (Good Friday). The NASDAQ continued to follow the sideways trend while other indices again rose. The SNP500 reaches an all-time high, but the NASDAQ remains under pressure from Tesla, Meta and Apple. The Euro continues to trade lower against all major currencies including the US Dollar, Euro and Japanese Yen. The British Pound is the best performing currency during this morning’s Asian session. However, investors are largely fixing their attention on this afternoon’s Core PCE Price Index. GBPUSD – The Pound Trades Higher but For How Long? The GBPUSD is slightly higher than the day’s open and is primary due to the Pound’s strong performance. At the moment, the British Pound is increasing in value against all major currencies. However, the US Dollar Index is also trading 0.10% higher and for this reason there is a slight conflict here. If investors wish to avoid this conflict, the EURUSD is a better option. This is because, the Euro depreciating against the whole currency market avoiding the “tug-of-war” scenario. The GBPUSD is trading slightly lower than the 2-month’s average price and is trading at 49.10 on the RSI. For this reason, the price of the exchange is at a “neutral” level and is signalling neither a buy nor a sell. The day’s price action and future signals are possibly likely to be triggered by this afternoon’s Core PCE Price Index. Analysts expect the Core PCE Price Index to read 0.3% which is slightly lower than the previous month but will result in the annual figure remaining at 2.85%. The PCE rate is different to the inflation rate and the Fed aims for a rate between 1.5% to 2.00%. Therefore, even if the annual rate remains at 2.85%, as analysts expect, it would be too high for the Fed. If the rate increases, even if only slightly, the US Dollar can again renew bullish momentum and the stock market can come under pressure. This includes the SNP500. Investors are focused on the publication of data on the UK’s gross domestic product (GDP) for the last quarter of 2023: the quarterly figures decreased by 0.3%, and 0.2% over the past 12-months. This confirms the state of a shallow recession and the need for stimulation. The data, combined with a cooling labor market and a steady decline in inflation, increase the likelihood that the Bank of England will soon begin interest rate cuts. In the latest meeting the Bank of England representatives did not see any members vote for a hike. USA500 – The SNP500 Rises to New Highs, But Cannot Hold Onto Gains! The price of the SNP500 rises to an all-time high, before correcting 0.33% and ending the day slightly lower than the open price. Nonetheless, the index performs better than the NASDAQ which came under pressure from Tesla, Meta and Apple which hold a higher weight compared to the SNP500. For the SNP500, these 3 stocks hold a weight of 9.25%, whereas the 3 stocks make up 14.63% of the NASDAQ. The SNP500 is also supported by ExxonMobil’s gains due to higher energy prices. The market will remain closed on Friday due to Easter. However, the market will reopen on Monday for the US and investors can expect high volatility. Investors will also need to take into consideration how the PCE Price Index and the changed value of the US Dollar is likely to affect the stock market next week. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding on how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Michalis Efthymiou Market Analyst HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • MT4 is good and will be good until their parent company keep updating the software, later mt4 users will have to switch to mt5.
    • $SOUN SoundHound AI stock at 5.91 support area , see https://stockconsultant.com/?SOUN
    • $ELEV Elevation Oncology stock bull flag breakout watch , see https://stockconsultant.com/?ELEV
    • $AVDX AvidXchange stock narrow range breakout watch above 13.32 , see https://stockconsultant.com/?AVDX
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.