sundowner

Hi Unicorn and Cattus, Thank you both. I am not a member of the elite section Cattus, but thanks. No worries. Cheers

Thanks for the input Unicorn, nice looking charts. As you know I use metatrader, and if I understand correctly your divergence indicator does not translate. Trend line break ...very good idea. Here's a trade I took this evening (Sunday about 6:00 pst)..if only they were all as stress free as this. Thanks for your input this weekend guys. I appreciate it. Have a nice week. Regards

Hi Unicorn, My entry is white crossing red or green depending on trade direction. I want to see price cross both and don't trade if there is too much travel between lines. I am unable to determine trend fatigue and, as I said, struggle with exits using the vmas or chimp 2-1 turning, sometimes s/r. I'm hoping someone will come up with something better. I will attach the mq4 file of the decema, but I have switched to using sma1. Cheers DECEMA_v1.mq4

Hi Unicorn, To answer your questions: Green ADXVMA6 Bar (6) Red ADXMA4 (4) The white line is a DECEMA 12, virtually identical to the HMA 9. I was not at my computer at the time of the first indicated trade, and it was well on its way so I waited for the retracement, hoping to see a continuation of the trend. Exit when decema (white) turns to cross red (4). I struggle with exits. Hope that answers your questions.

Greetings PYenner, I thought your recent reply was brilliant actually. Thank you for taking the time to point out, as the elders of the Sechelt Native Band say, “the perils of my walkâ€Â. Better to hear it now than experience those sad truths live trading. Far from being offended by the directness, PYenner, I appreciate the counsel and the gracious way you have treated these silly newbie posts of mine. Chalk it up to inexperience, excitement and enthusiasm for new ideas and the great potential of these threads. I think if I were in your shoes, reading these inane posts of mine, I would have said STFU (I had to google that) and listen you damn fool. In truth, I will do exactly that (STFU) and see what evolves. Still like to see adxvma 7…. Sorry, just can’t help it. Regards and thanks.

Hi PYenner and Walter, If you wouldn't mind, indulge me one more time and have a quick look at these charts... then I'll let things go. The basic concept here is classic support and resistance. My information comes from Martin Pring. PYenner, what I have tried to do here is to illustrate some pretty classic analysis working with your indicators on the 60 minute chart. My inexperience makes precise definition of s/r, let's say uncomfortable, yet I have seen prices respect these (past) levels time and time again. My opinion is that fundamentally the market is driven by psychology as even the shakers and movers in this market are human beings and respond to defined markers. What I am looking for is indicators that will define the turning points, and yours do quite well...the other thing I have difficulty with is the draw down. Profitable or not, correct direction or not, it's hard to watch the market move against you as far as it can and still hold on if you're using real money. At any rate, I appreciate you taking the time. Regards gentlemen

Hi PYenner, Thanks very much for spending the time to look at the indicator and supplying such a detailed explanation of it's inner workings. Sorry to have wasted your time with it though. Regards

Hi PYenner, I have spent some time tweaking the use of your indicators this week...no luck with new ones. Please have a look at these charts and this indicator I have attached and see what you think. Here’s the thread for the indicator: http://www.forex-tsd.com/suggestions-trading-systems/9227-oscillator-mba-thesis.html I think the poster is looking for input/guidance. Here’s my template if you want to spend some time scrolling back and forth to see what I have been looking at recently. I have been impressed with how well your indicators work with Walter’s trading strategy. I have been watching the returns to the blue vma (12) green (6) yellow (4) and the subsequent bounces on the 60 minute chart. …still trading in the direction indicated by the 60 minute chart, taking trades from the 15 minute chart. If you are still interested in working with mt4, I would really like to see the adxvma 7. The other thing I’m wondering about is support and resistance. Hand drawing the lines is a pain but seems particularly good for the longer tfs. I have explored the use of numerous s/r indicators, but none really fit the bill. Any ideas? No worries if you’re otherwise occupied. Have a nice weekend. Regards MBA_Thesis_Indicator_ok.mq4 sundowner 15.tpl sundowner 60 min.tpl TLOMI NonLagMA_v4.mq4

Hi Walter, Here is a chart showing a couple of successful trades this week. Cheers.

Hi PYenner, Thanks for the taking the time to present the banking information and new indicators. It's much appreciated. I'll try the new indicators this week. When all was said and done, I managed 176 pips last week so all of what you and Walter have presented here has great potential. Regards

Hi Walter, Yes, the charts I posted are the charts I have been working with for while, with some variations, stopping now and then to try some of the new stuff you posted when you were still working with mt4. Trading can be really bouncy with this, and yes overall, it's working well so far this week...good run up on eur/jpy and no significant chop on either chart. I am experiencing some difficulty with exits and knowing when ladder exhaustion is about to occur. .. still feels like guessing while live trading so I'm experimenting with some of the things I mentioned in my earlier post hoping to increase my comfort level. Cheers

Hi Walter, Since you've expressed an interest in trades on higher tfs, I thought I'd post these trades to start the week. Hi PYenner, If you have any ideas regarding "ladder exhaustion" that don't involve programming, I'd love to hear them. So far I am looking at distance moved (weak) and camarilla lines (maybe) and price crossing the vmas twice. Have nice week, all. Regards

Thanks PYenner, I'll try it. Cheers

Hi Walter your request: The charts are identical, just the 1 hr is minus the horizon line. (ADXVMA16) Green ADXVMA6 Bar (6) Red ADXMA4 (4) Red line/green line interaction for trend on hourly. The white line is a DECEMA 12, virtually identical to the HMA 9 you have been using. The thick lines on the hourly mean I would look for set ups and enter / take profit according to the trend...thin lines on the 15 min are potential trades. regards

Hi Walter, Walter, I have no experience live trading. My trades are all on a demo account. If things continue as well as they have the last three weeks I am intending to go live in a month or so...thanks guys. I live in Vancouver, Canada (GMT -7) and work full time. I demo trade the eur/jpy exclusively. I find the eur/jpy makes some profitable moves between 5:00 a.m and 8:30 a.m. my time. I also find profitable moves during the asian session...better later in the session, say between 9:30 p.m. PDT and midnight. (just before the European and London Opens) My wife watches t.v. reads, bakes, and is involved in a lot of stuff in the community. I sit with my laptop...dark at 6:00 p.m. now... no golf, don't want to walk the dogs in the evenings any more and it rains a bunch in the fall/winter here. (lifestyle stuff) I look for swing highs and lows on htfs and use your centifugal/centipedal setups (I am finding your icon trades work well on 15/30 min charts setups) combined with PYenners indicators to pinpoint turning points. I'm just trying to take a piece out of the trend. I found the swings too quick on the 1 and five minute chart...I was in and out late...I'm too slow to react that fast. With the 15 or 30 min I can take a piece of the trend and it's been successful so far... too soon to tell really. Hope that answers your questions about lifestyle and such, not to clutter your thread. Sorry for the length of the post.. Friday night and beer. Regards