walterw

I like the Hammer.

Nice question Dog... in my case its the timing entry of the C wave that puts an end to the B wave... so that way I dont have to double guess what would end the B wave... we know that the B wave its just a pullback previous to the continuation of the trend on the C wave, so having a clear entry to the C wave it puts an end to the B wave... Visually we expect this B wave not to go so deep ( more than the 50% retracement of the A wave ) because in that case it would suggest momentum its not too healthy... cheers Walter.

Hi Dog, I see that this are very diferent abc`s actually... I start my A coming out of the outerbands, that makes it pretty clear and straight forward... I am looking for momentum as C wave is intended to travel in a centrifugal fashion outside the bands... I am a very big fan of keltner, it makes my life so much easier... Dog, I still dont understand what criteria are you using to determine an A... thanks Walter.

Yes, unfortunately it is a heavy indicator to process but I am convinced its a powerfull one to trade... Don, can you tell me what inputs do you have in does hull`s.... thanks Walter.

OK... here I attach the original version that will look fixed amount of bars back... obviously it want wark on historical data... but forward testing will be the best policy here... I look how much data will plot something similar to what we where looking at and that would be 6000 bars.... now this can put your ram to work... please try it and tell me how it whent.. I attach chart of nina on 6000 bars lookback input ( default its on 1000)... Now this opens for some research on that input... it really has some interesting variations on the indicator... cheers Walter. aNinab.zip

well seems to be that the indicator will change its appearance depending on how much historical information you got loaded on your database... thats why we are having diferent plots... so we will have to use an older version wich reads a fixed equal amount of bars back so we wont have this problem... I will attach older version in some minutes...

Don, lets try this... I send you the original indicator from nina, you can then add on the level inputs, levels 0.4 and 0.6... please put it on a window below the one you have now so we can compare how it plots... aNina_v1.zip

Something is diferent there... what data server does your mt4 uses ?

Don : are this your inputs ?

Ok I see you on our forex thread then... I also have some things to show you... cheers Walter.

This future has been always a great question for me, I understand it has quite nice volume, but doesnt have that much range...

Hi Don , maybe you want to delete all your cokkies on your internet browser... How was forex research, I saw your last message before site was down you was going to show me something... then site when down... cheers Walter.

Notice the long term trend being clearly Up with the blue hull and new trend cant break below 0.4.... WHEN.... only WHEN new trend breaks 0.4 I will start to think maybe things will change direction...

Look at this 5 min chart with icon aproach plus new trend... the chart talks chatterbox cheers Walter.

Here I attach the modified version of the indicator... any problems please tell me... aNina_v3.zip

I am using a 55T chart of YM... with keltner exponential 100 / 1 and 2.5 atr below you have a CCi 14 and 6... very simple chart... Momentum its the key here... cheers Walter.

Ok, I did some modifications to the indicator, take off the arrows, added the 0.4 and 0.6 levels... its more clean now... I attach a first idea of how I am looking at this indicator.... 1rst Strong break.... takes me to level 1 2nd Pullback 3rd Entry with t3cci... 4th can trail the trade with white line and the 0.6 line too... Just a very first Idea... there is much more to this... cheers Walter.

Mkp : you can find lots of ABC on the market, based on fibs, elliot waves, etc etc... now my abc`s are very specific in terms of "area" ... I want to see that happen outside the outerbands, because normally thats the place where momentum shows its face... cheers Walter.

Yes it is the same indicator, now her aproach doesnt take any edge from this indicator as I want to explain... there can be a real diferent reading of this indicator wich gives an enourmos edge... cheers Walter.

Ok, so now let me present this new idea here... I know many people on this forum are not enthusiastic about indicators, and dont believe in indicatorism... well I dont believe also in indicators by them self as the concept of the trade and using a nice indicator to show that... Now Indicators make me think of electricity... some 200 years ago people used oil lamps at night, today we have electricity and have light bulbs... Now both use "light".... but there is a clear diference on this light... so may happen with some distinguished indicators that bring the same light but in a diferent more easy brighter presentation... I came across an indicator at the mt4 forex tsd forums, it was created by a lady called Nina, looks like she is from Spain... the use she gives to the indicator its very diferent to what I will present here... its a sort of step ma.. that works like an oscilator between the range of 0 to 1... now it has a very fancy signal line wich the crosses of that signal are marked with arrows... eventually if I get to program mt4 I will just take them off..(the arrows)... My creativity was triggered here on one fact that Nina did not take much into acct.. and that is the middle line of the oscillator ( in this case 0.5) all oscillators have a center line (cci its 0 , stochs are 50 , etc ) this center level means a lot... Now on this simple and powerfull indicator, this 0.5 level really means a LOT... in terms of trend determination... As I was looking at it... I found that the yellow line has a cool performance being above or below 0.5... As I keep evolving on the observation I see that a fixed band could be added to make even more robust this trend definition, so I add a +-0.1 factor to this center line and I get this two lines 0.4 and 0.6... mmmmm there is a clear reading now... we have an up and down being clearly given by this indicator wich has a great capacity of filtering noise and giving a very reliable trend definition... a new trend defintion has born the "New Trend" is here... Now the Cool thing here is that we also get a very nice momentum reading indicator... as the "signal" nina created (white line) can show us in a very robust manner how far or near he is from the 0.4/0.6 band... and this indicator gets my 5 stars calification as I never got to see before such a nice performance in this two trend/momentum definitions... Then this indicator starts to rock on some other aspects... like trailing the exits... he can literally keep you inside of very huge moves... Dont get me wrong, perfection doesnt exist... but EDGE DOES... :p;);)chatterbox;) So from here on we can speculate on a great range of alternatives on its aplication... So far I have some ideas will add in next post... cheers Walter.

Yes Don I am about to post a new Idea here... the name could be : The "New Trend" trade... I will post in some minutes... cheers Walter.

Here is a Lazy trade today, as we made a big move, then got back inside bands (weakness) and then we did not take the previous extreme pivot high... timing was clear on the cci 50 line cross... cheers Walter.

So far today we got this nice flip right after an abc trade... cheers Walter.

Ok, two great abc trades today... momentum was clear at a strong A break... cheers Walter.

Hi Don, would this be the setup ? cheers Walter.