walterw

For those who are following this thread I post here the indicators and templates actually been used on mt4... on how to install indis and templates, please refer to this instructions http://www.traderslaboratory.com/forums/f30/how-to-import-indicators-and-templates-2427.html apply template fantailvma1 on a 5 min chart and fantailvma3 on a 1 min chart... cheers Walter. FantailVMA1.mq4 FantailVMA3.mq4 FantailVMA1.tpl FantailVMA3.tpl

So far Bruce I have to admit my only view of aud/usd... could not really say how this works on other pairs... anyway the icon concept is universal across instruments as timeframes... now it is true that certain pairs like aud/usd are very clean ones on the way they do develop... cheers Walter.

Excellent description of the process a trader goes thru his formation ¡¡ I like this one Janice, have to agree that it doesnt happen overnight... and the last cathegory certainly is cool... cheers Walter.

Once again, you are spoiling me Doc ¡¡ for your amusement some chimp stuff , enjoy cheers The chimp.

Thanks Reaver... I hope to meet you personally sometime in the future, I enjoy a lot your interaction and good mood ¡¡ cheers The Chimp.

Some Icons... notice how this is not perfect... there are some hard ones, there are some blessed ones... cheers Walter.

jejejej.... I am happy, but you know, the chimp inside me likes to experiment new things... Trying to be conservative on this trend definition with vma1... but new experiments would be chimpcool ¡¡

Normally, if your acct is in dollars, first you have a dollar conversion to the base currency of the pair, thats why this margin is changing... thats my two cents on this. cheers Walter.

This Icon from yesterday got me stoped first, but it did setup again for a second one wich worked like a charm... as usual, the icon gets you in the trade BEFORE the complete move unfolds... cheers Walter.

I am interested on that article... "unconcious competence"... certainly Janice if we did not had that, trading would be devastatingly stressfull... I like the autopilot concept and for shure it does not mean that we previously didnt need an "entrainment" founded on good solid technical arguments... thats why that instinct does not necesarily denies technical preparation, all of the contrary, I believe that instinct comes from your technical background... hope you understand me :crap: cheers The chimp...

[quote name=PYenner;20920 Your idea of a vma of a cci output could be a biggy. That would be like price --> cci --> adx --> vma Just shows the big rises or falls' date=' ignores the smaller ones.[/quote] That could be a great experiment... dont know if it actually would be usefull, but it would be cool to see what comes out from that.. ¡¡

Bruce, did you test this one with live data yet ? would it plot same as historical ? cheers Walter.

YEAH ¡¡ I like the party of the second clip ¡¡¡ it looks like a VMA party ¡¡¡

Must confess I am getting exited with this last ones Bruce ¡¡¡ :thumbs up::thumbs up::thumbs up: you are a clear example of perseverance ¡¡ Great job on this lines ¡¡ cheers The chimp... some chimp stuff here...

You got it Bruce ¡¡ Now they are plotting on real time the same you get on historical data... they are real gooooood ones for tight purposes... I am testing this ones with Lots of diferent inputs :coffee::coffee: with some coffee on the middle and a lot of inspiration... thanks Bruce ¡¡ cheers Walter.

the nice thing of "Vmar Icons" is the potential they have and how you get into the best spot before that potential unfolds.... for example look at this case yesterday... we where comenting with Shreem this trade and it even got more of a huge move ¡¡ Key here would be staying all the way down inside this super, trade.... I am actually researching how we can optimize this type of longer exits.... cheers Walter.

Well thats interesting Janice... you see most of my dreams, and I dream a lot, Beautifull Dreams ¡¡¡ great places ¡¡ great circumstances.. I just have a really delightfull dreaming life... in ALL of them I am somehow aware that I am dreaming... About my spiritual life I am in a more conservative non-esoteric relation with God... and thats the God from the Holy Bible... and Jesus his Son... knowing him has made my life completly diferent... thats where all the true Joy and blessings come to me... if this Spiritual condition in my relationship with God interferes with the quality of my dreams, I believe it does, as I live on a permanent state of peace... not that I dont have problems as any other person, just that I am in a great inner peace... Thanks Janice for this great thread... love to interact ¡¡ cheers Walter.

better chart

Great Shreem ¡¡¡ so you will form part of the "Tokyo Gang" ¡¡ thanks for the compliments and I am very glad to see you are getting really fast into the method... I can see your eyes are getting used to it and each time is easier to find the trades... About your premature exit, you would like to place stops on real stop zones ( a place where the original argument gets invalidated ) and from there on relax and enjoy, not all trades are profitable, but if the overall RRR is correct you are in bussiness... I see you Shreem making 6 digits per week soon ¡¡ keep that up... feel free to post trades ¡¡ good and bad ones, its very helpfull the interaction process as well... I attach how I would had managed stops and exits of your first icon trade... here I add a video on the Icon scalps.., please dont get me wrong, I still insist that "vmar icons" from 5 min are much more robust trades and DO HAVE a better RRR than this scalps... this ones are to keep you awake jjejej cheers Walter.

So with that said, we will have two types of Trend Scalps : _"ICON Scalp" _"Continuation Icon Scalp" :thumbs up::thumbs up::thumbs up: Let me start here with the "ICON Scalp" It does not differ much to our "VMAR Icons" trades as we are looking for on the 5 min... the diference here really resides on the fact that this icon is setuped on a 1 min chart actually... so if you where anxious waiting for setups on the 5 min... here you will have more speed on this formations, obviuosly the scope of the trade its much smaller and the RRR eventually will not be as good as on the 5 min one.... Another interesting thing here is that the setuping its not so related to a crossing of the vmar as it is more related to a "take off" from a non-mometum condition situation as our 1rst intention move... So lets see one example here on a chart : What you can notice first is the non-momentum condition there.... then a Hint that this absolute condition would be over and you would start a transition that will take you eventually (maybe) to momentum... on that transition an ICON gets formed with a "1rst intention" folllowed by a "pullback" and then a "continuation" timing entry.... thats basicly how I would be looking for an "ICON scalp".... cheers Walter.

Now, let me refer to two types of patterns we can merge in all this aproach... the first one you already are quiet familiar and it is the ICON... the second one is a Continuation Icon... So This two patterns : _ICON _Continuation ICON they would be used on diferent types of conditions... for example, if we get a non-momentum to momentum transition condition, we would be using the ICON pattern to trade there.... but if we are on a Momentum absolute condition, then we will trade the Continuation Icon Pattern there... So to get this clear let me add this graph that explains the Type of Trend Trade Pattern on the type of Momentum Condition : That graph basicly is telling you that : If you are having a transition from non-momentum to momentum condition then you will be trading a trend trade, and that trend trade pattern will be the ICON... If you already are inside an absolute momentum condition, then you will be trading trend trades, and that trend trade pattern will be a Continuation Icon... ahahaha.... cheers Walter.

So what type of scalps can we look for ? well basicly : _Trend Scalps _Cycle Scalps who are the easiest ? normally Trend Scalps.... then with more experience you can profit a LOT from cycle trades... but for now, and for the sake of simplicity, lets focus on the _Trend Scalps.... On the videos I showed what environment would we need for x type of trade you can see on the graph above that Trend trades would be taken only on the : >> Non-Momentum to Momentum transition condition and >> Momentum absolute condition So we would focus on those two conditions to take TREND SCALPS.... you need to be able to "discern" this two momentum conditions in order to take this trend scalps, and as we explained on the videos VMAR`s can help us do this with a great extent of accuracy... coffee and continue... cheers Walter.

My previous series of videos on momentum discernment I believe can be of great help to give the trader a framework of market reading... from there on we can start to build some things here to be aplied to scalping... What I am actually triyng to do here is to take all the above concepts presented on the videos to a 1 min chart and be able to read this concepts on the 1 min chart alone... Remember I am researching on this... so let me show how I would try to have my momentum readings on 1 min First the chart on the price pane : here I try to have the same indicators we where using on the 5 min chart, so I replace the step ma for a vma1 inputs 1-16-32-0-1 (White) and a sma 5 of that vma1 (cyan)... this will let me do the proper momentum readings on the 1 min chart also with this beautifull two lines...

Here is the rest of the "Momentum Discernment" video serie... enjoy, cheers Walter.

and here a video recaping on this vmar icon trades.... cheers Walter. Vmar Icons today.swf