Kit

Hi! It another indy that can help to determine momentum condition.....nothing new, the base is 3 fantail's from this thread about momentum discernment. http://www.traderslaboratory.com/forums/24/walter-s-forex-vma-trend-scalps-2558-15.html p.s for NT7 FM.zip

When I try to use NT version on JPY pairs and compare with thinkoswim it show different picture, MT4 version not have that issues. May be somebody true programmer can correct this.

Ok, full and clear answer Here it mt4 vertion it correct work as on USD pairs, as on JPY pairs(NT version not, do not know why, formulas in algorithm is the same ). VininI_Cyber Cycle.mq4

Hi Walter. I count your moves as 1 and 2, also add 3,4. The 3-d move can give as some profit (with reenter trade,depending from approach), 4-d probably loss trade, because downmove will not develop. I want to ask about criteries, when you find that market on momentum. For example I like to see that indicator out of (-1) - 1 (0,001) zones and inflections not touch -0,5- 0,5(0,0005) lines. Sorry if question not exactly about theme of the thread. Regards.

....and little bit more changes- all that in previos vertions, just add color (optional) now we can be alerted by sound, popup-window and color changes when indicator cross thereshold levels. CyberCycleColor.zip

Hello Walter, to choose/change sound file, just write name of the file ( name . wav) in to the indicator settings - "AlertWavFileName". C:\Program Files\NinjaTrader 6.5\sounds - it folder for sound files. Hope I correct understand you. P,S I add in last indicator popup-window function CyberCycle.zip

....and little bit more changes in indicator: add friquency settings and now it will ringing only during next bar after crossing momentum level( shure it more comfortable then previos) CyberCycleAlert.zip

Check previos indicator...it not ringing , dont know why( for MT4 write alert-mesage more simple that for NT) Rewrite alerts block( take some examples from another forums), check it, now it make alert when indicators line cross level that you can change from "settings", also possible change on/off and alert file name. CCAlert.zip

Try to add alert when indicator cross 0.0005/-0.0005 levels,.... but in that case we can't manage levels( where you want hear alerts), type of alerts and on/off alert by extern settings panel... only by NinjaScriptEditor:confused: It will be great if someone can make it indicator correct. CyberCycle_with_alert.zip

Here it is. Hope I correct understand you

Usefull method..indicator to determine correct momentum condition to trade the chimp method or another, when we realy need in strong inertia of the market, I begin better descerning when trade or not by the chimp. Thank you Walter. Let me share indicator, which I find on net, make little bit changes in code and now it looks same as on thinkoswim. p.s for NT. NTCC.zip

Just find two indicators for momentum descerning ,Vininl_Cyber looks the same as on thinkoswim, second have a little bit more filtering component and may be someone find it usefull for momentum trading. p.s. Whalter, glad to see you on the forum again, ii Trend direction & force index.mq4 VininI_Cyber Cycle.mq4

Hello Walter ! Hugo thanks for your work there. Where your plan to begin new thread about correct momentum condition ?