PYenner

Enjoy Walter You earned it. Hope it delivers 4U. Bruce

Sorry for spamming your thread again Walter.

Clym I don't understand Excel well enough. Your Diff should not be stuck on 100. But your ADX final has enough 100's in it to be causing the problem. Your DM's and DI's look to have way too many zeroes in them. It may be that your IF AND stuff is faulty. Plus logic attempts to find rising trend and rising trend within increasing volatility. Minus logic looks for falls and falls within rising volatility. It is abnormal for both to be low at the same time. In fact they should tend to stay above zero quite consistently. TH and TL need to be displaying their decimals, need to see the pips. TH TL and TR look okay but note how TR is rarely zero? The DM DI stuff should look the same way, normally above zero. --------- Maybe this will help [i+1] is older than ok? TR=TH-TL;//2 bar unnormalized price difference, comprehensive volatility measure of current bar, always positive. //Includes any gap data between bars, and price jumps caused by missing bars. //ADX looks for trends in Highs, and in Lows. if(High>High[i+1] && Low>=Low[i+1]) PDM=High-High[i+1];//2 bar unnormalized price difference, both High and Low rose. else if(High>High[i+1] && Low<Low[i+1] && High-High[i+1]>Low[i+1]-Low) PDM=High-High[i+1];//Rise within a volatility increase. else PDM=0;//Zero or positive result, zero case includes volatility decrease options. if(Low<Low[i+1] && High<=High[i+1]) MDM=Low[i+1]-Low;//2 bar unnormalized price difference, both fell. else if(High>High[i+1] && Low<Low[i+1] && High-High[i+1]<Low[i+1]-Low) MDM=Low[i+1]-Low;//Fall within a volatility increase. else MDM=0;//Note, zero or positive result,zero case includes volatility decrease options.

Unless you want to use Excel to process the ticks.... and give faster charts??? MT4 does export tick data to Excel ok.

Walter There will still be fast clean 3 bar reversals which "turbo" is still too slow to catch on a 1Min chart. The only answer there is to move to a platform like Don is using that has 10sec or 2sec charts. MT4 doesn't do faster than 1Min charts. PY

Clym DL FantailVMA2.mq4 from the VMAR research thread and open it with Notepad, its a txt file. Its a faster version than Bemac but it may give some clues about signal flow.

Clym Const should resemble the main output from an ADX. The Plus and Minus things should mimic the ADX component signals. If you can monitor those signals inside Excel it will make life easier. I use a spare indicator line to display signals in chart, offset from the Close price, eg Indicator=Close + signal

Clym Maybe try the "Playing with the VMAR`s open research" thread if you need me. PY

Clym That is amazing. Had no idea Excel was up to that sort of effort. The black line of the fantail should be hugging the Close price. It looks like the final formula has to be wrong for so much distance to accumulate between the black VMA line and the Close price. This is the MT4 code for the Chande VMA. VarMA=((2-Const)*VarMA[i+1]+Const*Close)/2; In MT4 is the current bar and [i+1] the previous older bar. The ADXR option can be deleted. The 100*Wilder (3 locations) serves no purpose, delete the 100* or leave it, makes no difference. EmaIndex and VarMAPr are counterproductive, they tend to put a slope on the flat area, delete them. VT Wilder function uses a 15 bar ema when 8 bars are called. Diff=HHV(_ADX,8)-LLV(_ADX,8) and Const=(_ADX-LLV(_ADX,8))/Diff are all important, make sure the conditional rubbish is not interrupting data flow from _ADX to Chande. Where division by zero must be avoided, the default should be zero, no funny numbers. This should probably be on a programming thread somewhere but I don't know where that might be. Good Luck.

If you want FanailVMA2 to behave more like FanailVMA1, try Weighting=8. Try ADX_Length=4 or 8 too.

FantailVMA2 for evaluation. Turbo version. The input settings are- ADX_Length = 2, accepts 2 to 8, 3 or greater gives late entry. Weighting = 2.0, accepts 1 to 8, 2.3 or greater gives late entry. The fastest settings give the shortest HE length and show market uncertainty, the HE can wiggle right about the time you want it to tell you up or down, instead it tells you "don't know yet". May suit experienced traders better than beginners. The horizontals are shorter than before. I hope that does not greatly affect the degree to which the fantail compresses. The yellow VMA line hugs the Close price more closely now when laddering. Walter, there may be some work to do redefining timing?? Check it out, see what you think. Picture of VMA1 versus VMA2 default settings weighting=2.0 versus VMA2 with weighting=2.3. Enjoy, I hope.

Yes sharper but also the HE's tend to be shorter, it may need different lines in the fantail for timing. May be confusing at first. But 1-4 bars faster so worth a try...

Hi Walter A picture of a first attempt at a turbo version. Not sure if it will be too extreme. Black is Fantail1 Yellow is turbo Ignore Red, its just the switching signal to the VMA so I can see whats happening. Try not to keep you waiting much longer but need some sleep. Cheers

Thank you for the pix Walter Thats just what I need for optimizing. Have to know what question to ask before you can hope to find the right answer. I am not getting enough chart time at the moment to find these things myself.

Yes there should be hope for traders. We get nothing in our news about Asia. I see the future of Japan and US as important, where they go the rest will follow. Britain survived the collapse of its industry by turning to commerce and insurance but that does not seem like much of a solution for the rest of the first world. But once you take away manufacturing, thats about what you are left with. It would be very bad for all of us if Japan slips out of first world any faster than the rest of us.

Hi Nick Yeah this Kiwi thought many times about flying the Tasman. Then I read in the paper that the Aus government is talking about going down the same destructive road NZ just went down. Can't win. May still quit this country yet. I am a baby boomer, I used to think my generation would make a difference but what we got was 30 years of vultures in commerce and twisted individuals in politics. They were not like us, they were damaged goods, wierdos mostly. Few of them were what I would call healthy people. Another good thing about boomers getting to retirement age is that there should be a labour shortage and that should see wages and labour laws improving. But how you tax payers will fund our hospitals, rest homes and pensions hehe, thats going to be interesting. Maybe you should export your boomers to NZ... I hope you do get some healthy people into power, coz I might come join you if that happens.

Mostly worked on "oscillators" that are good for swings but lousy for trends. Tried to modify them to cope with trends. That class works much the same way, just variations on the basic theme. High, low, close and time are about what you get to play with, maybe volume, but people have been able to extract a surprising amount of variations. You can sort of "lever" the data from different directions to get you closer to whatever direction you are trying to go. Programmers like inputs that are "bounded", stay within known limits like 0-1, +1 to -1. You know the computer isn't going to crash or have accuracy problems with safe numbers like those. Some signals are friendly to process and others are pigs. Some have a signal that looks like CCI output but the "zero" mid line doesn't stay on one place, it keeps moving up and down and it melts my brain because it alters all the historical perspective when it does that. So you look at the old stuff, hey that looks like its got something to say, but when you try to trade off the leading edge you find it tells you nothing at all about the future, its useless, it only confirms what you just found out the hard way with no help from the indicator. argh ADX main output is "safe" 0-100%, usually 20-70%, user friendly, easy to feed it into a VMA or whatever second stage. I gotta wonder if the dude who put ADX and VMA together was a major genius who thought it through before hand or a plug'n'play bit of good luck. Any indicator in the same "class" as ADX might be tried with our VMA. An indicator from another class might need some adaption to match its output to the input type that our VMA uses. Our VMA likes 0 to +1, 0 to +100%, like that. Other types that go +1 to -1 need to have the negative part sorted out in some way. Some signals like to hug the middle, some hug top or bottom, you get to figure things out as you need to do them. One option with CCI that goes plus and minus might be to feed it through an ADX which turns it into just positive. Another way might be to just add 1 to it so it goes from +2 to zero. Depends on what matters, you can lever it different ways. Fast is important, gotta be fast, lag is blown opportunities, one more pip margin on top of all the others. Gotta stack good things in your favour and minimize as many bad things as you can. If its a laggy indicator, best to keep looking for a faster version in the same sort of class. Its difficult to imagine anything being much better at giving "flat" than what we have got but who knows what some lateral thinking might flash up. I would like a have a measure of a target exit price before entering, your icon is one flag on one bigger trade. The fantail spread/compress is a vague measure, it would be nice to get that as a hard number like 10 pips, 50 pips etc. If you have reason to believe the profit will be higher, you can tolerate risk or drawdown in the early stages. Trading with the trend can be useful in forex for the longer trades, if you have good reason to trust the trend, you can set your tactics accordingly. Hard numbers can be tested to see how reliable they really are. How wide is that fantail, well it depends on how zoomed in or out your chart is, as to how it looks, but is looks good enough? If you rely on a trend slope, would a hard number on that slope tell you something about future payout? Like you say Walter, 12 years looking for ADXVMA, needle in a haystack. Then you go and share it....

T3 explains 1 bar of lag, good start. CCI seems to do the opposite of ADX. ADX filters out the swings and leaves just the trend. CCI seems to filter out the trend and leave the swings. +100 to -100 is good start. It is worth a look at the innards, see what makes it tick. No promises on where or how it will fit in but see its use in timing. Will put in on the list but getting zero multi-tasking at the moment. One thing in the brain kicks everything else out. Need to make some steps with ADX_VMA first. Need to test out ADX averaging/smoothing since that is where Igorad seems to have scored over Bemac. A vidya for MT4 was mentioned in a post and that also has to go on the list, should have said so at the time and thanked him, manners, but I already seemed to be saying too much. I would like to see someone publishing icon/VMA trade log with $, even if they are demo $. Forex gets some bad press and it deserves some, but it is tradable. My system isnt a trade by formula system, so I cant publish it and that means I can't "prove" that forex works. argh. Icon/vma looks like it can do both. The scalps are window dressing really, a trader may do them, but for proving the P/L they are not exactly needed. It will probably come once the steps are in place. Laddering video said it well. The explanation for why ADX appears to lead is easy enough in that case you demonstrated. On that flat line you demonstrated, you drew a flat line across the highs. If you had drawn another line along the lows, you would have seen the rise that the ADX was reading. It does have a few bars of lag in it but there were enough bars of rising lows to overcome the lag. ADX uses Highs, Lows and close. Looks for trend in both highs and lows. Also looks at where close is in relation to hi and lo. Cheers

Thanks for the support michaltrade but if your leader had my bucket of bolts for a brain... bring on the revolution :helloooo:

Magenta 16 min provides a general target exit price when scalping back in towards the 16 min line. Swing stuff, only works while there is a swing.

Think of that 1 min chart as being zoomed way out. Those are 5 min ladders you are looking at, the last one has an icon look. This is about trading the spaces between 5min ladders. Joining the dots between the bigger trades, scalping the inward swings. Each chart timeframe has its own progressively larger "sawtooth" and time frame that its ADX is using, the longest one there is 16 min and its sawtooth covers most of the price range of that chart. When the 16Min line is a strong flat it is telling you that it is near the centre of its current sawtooth range. Now that range is dynamic and it will usually be slowly shrinking and as it shrinks it becomes more sensitive to recent price movements. The ADX gets a little more restless as time goes on and nothing much happens, it wants more and more to start going places. An ADX line will only stay rock steady if it gets a continuing sawtooth or wave to keep its range adjusted to that size of sawtooth. Thats a side issue but I see it happening in that chart as time passes, so I mentioned it. If the price gets towards the top or bottom of the 16 min sawtooth levels it will start the 16 Min line turning towards an outward break. But near the start of that chart was the weekend step which has tended to fix the 16 Min flat line near the middle of the chart. Provided the price swings within that range, and about the 16 min line, it will tend to be stable and you can buy the dip back up towards magenta 16 min line and sell the peak back down towards magenta. It is the centre of a swing range so long as there is no outward break and with a "growing restless" factor over time. As time passes, the 16 min line gets restless and becomes more mobile, starts to follow the final upward trend. Now those smaller trades have the 16 min line as their price target but as you see, most times it takes a couple of attempts to get there and sometimes it shoots straight past the price, but it is handy to have a swing centre and a swing range for scalping inwards towards the centre. One way to fill in the time waiting for a 5 min icon move to come up. So I see some use for unusually slow VMA lines as well as a need for some faster than 1 min lines. Maybe the middle parts of a vma line fantail have other uses as well. Maybe that got closer to the ballpark.

Hi Armand I mostly trade GBPJPY, Pound Yen to me, so the tag was Pee Yen er. The real name is Bruce but I'm not Scottish either... Not a biggie. Yes, I risk confusing people with the vagueness of thoughts that are still forming and I probably should do a video for some of the stuff, but I'm no rock star or politician argh. I'm kind of in limbo over which step to take next because the view ahead keeps shifting, and I'm also quite slow at programming. Stay tuned, I hope I will get more focus.

Yes You have got the picture about lines that are near to a normal 1 min base line. Say like close in 3/4 min turbo, 1min normal and 3 min line further out still. On top of that, change into 5th gear, overdrive. Zoom out your 1 min chart for the long range view. Because a 16 min base line is way outside the spread of your current 1 min fantail. Repost this pix. On this, the orange line runs about where the outside magenta edge of your 1 min fantail might be. But the orange line would also be about where your 5 min base line would be if you could see it on the same chart. Now say the red line is about where the outside magenta line of the 5 min fantail would be. OK now look at where that Magenta line is, way outside, its a base line from a 16 minute chart, long range trading stuff. Way past 5 min stuff. Look at the way the faster lines weave about the slowest magenta line. Sometimes the price breaks out, and then there is no way of predicting how far it will go. When that happens, its magenta that has to catch up to all the faster lines. But on the occasions when the price turns back inwards towards the slowest magenta line, then magenta gives you a target price for the eventual meeting of all those lines. You will see in there also an icon trade which breaks my "rule" about trading the outswing back towards the magenta "centre" line. There is a trading path there that I can see but can't really explain. I can't promise to deliver on this stuff, it is just stuff that might go somewhere, might go nowhere. Vague ideas.

Yes Bollinger band is a bit like the way a "turbo vma" line would converge and diverge from the main base line. It would mostly run between the price line and the smoother base line curve. And yes again, if you have a turbo line for the purpose of warning you which way the trend will emerge from a flat line, then it will also be there up the trend, showing more mini steps and ladders while the main line follows a smoother path and only bends into the bigger flats, ignores the mini flats. One idea sort of leads you into more ideas, unexpected ones. I'm sorry I didn't answer your earlier question about what times I was using in that chart with 3 lines close to an up trend. I dont remember. The fastest line was probably a bit faster than a normal 1 min base line and the other two a little slower. Sorry to be vague, too soon to get getting exact.

Gee Walter I'm glad you can see the same stuff I can see in that indicator. While my understanding is vague, it is difficult to explain what I only partly see. Yes the turbo bit would be an aid to experienced traders but an unreliable confusing thing for beginners. There is no substitute for market experience. About a week back I had some "inspiration" about scalping but it seems to have got lost on me again. Maybe it will come back, maybe I have gone past it. It is good that we can speak the same language and see what the other sees. I am seeing a lot of icons these days too. Communication is a powerful tool.