[HAL9000]

OK, so here are my results for today.
In sum less than yesterday, but I gained more confidence,
and had no fear and avoided greed, but well sometimes there was ignorance.
But all in all a very good day, with the usual difficult start.
One more point to work on.


Daedalus, you are right, its Walters (et al.) work (black and green lines).
If I remember right, I use his settings, but maybe I have changed the price input a little bit, but that should not be much of importance. I will check it.

The second Indicator is Jerry Perls work. It adds a component, that is independent from the time or tick frame you are using.

I will write more during the weekend, I too had my difficulties with NQ 50 tick charts. I am too slow for that.

Currently I use a 1500 and 300 tick chart, before that a 1250 and 250 tick chart (and a 50 as well). OK, more during the weekend.
One last remark now; IMHO Walters work is of general value.

And thank you for giving me a heads up!
Well, if I can produce 50 $ a day on average, with no heavy draw downs in between, I intend to go live using real money in May. Otherwise, I have to do more homework.

So here are my results:

[remymor]

good day today, followed my plan.

[daedalus]

Thanks Hal! I'd be curious to know what MA's and the periods your using if you don't mind sharing. If so, no big deal!!!

Good work today (and this week!)

Cheers!

[HAL9000]

Hi Daedalus,

no problem, I like to share them. Walter and Jerry and others shared so many ideas,
and if they wouldn't have done that, I wouldn't even know anything about these indicators, systems and so on. So this is the spirit, that makes forums useful.

OK, I have rechecked my parameters for the ADXVMA indicator.
The black line uses 6 units as adx and vma unit.
The quick green line 2.

Assuming, that I have made no errors while implementing the indicator (I use JAVA),
these settings should deliver similar results with the implementations for Ninja and other platforms. (I don't use these, so I can't compare mine)

But I have changed something, and this might be important for especially the quick line.
Instead of using the Close of a bar for the final calculation of the ADXVMA value,
I used for a long time the (High + Low) / 2. Currently I use the VWAP of the bar.
I do that, because I calculate the values intra bar every 5 secs (not only on bar close) and I think, that it deletes some noise regarding the line movement, while the actual bar is forming.
What way is better? I don't know. I guess it depends on the trader and his style.

I have attached some charts (NQ 300 and 1500 with the ADXVMA's and also two more with JPerls VWAP and the ADXVMA's)

Well, on the VWAP charts, the blue line is the VWAP restarted at 9:30 EST. The cyan lines are the +- 1/2/3 SD lines. All charts start somewhere at 0:00 EST. The VWAP is also updated every 5 secs.


I guess, I should really start to blog soon.
Well, and yes, even with all these lines, keeping it simple, will be the key.

If you have further questions, just ask me.



Hal

[Mr_black]

3 winners 1 wash easy day....made my 4 points

[JKLM]

overall ...still not satisfied
I missed key trades for today

[daedalus]

Sorry for the lapse gents. Had one of those "eureka" moments over the weekend and hopefully I cracked it. I really hope I did at least. Who knew a simple ADX filter could revolutionize my results?

[remymor]

good day, executed my trading plan