Walter`s "5 min Laddering" trade

[walterw 10]

Walter,

I wish I knew where you had all this energy to create some of these posts. This is the kind of stuff that makes TL an attractive forum to people - your threads are always worth viewing, I think the Candlestick Corner is a nice little spot and even Dogpile has some good stuff going now!!!

 

With all this good stuff on here, the question won't be is it worth visiting TL, the question is where is your time best spent!

 

 

Thanks Brown for this encouragment ¡¡...

 

I am also greatfull for all your great professional inputs man ¡¡

 

I am following you on this help effort, I know when time pass we and our gang will donate 7 figures... thats what I expect on all this... cheers Walter.

[Reaver 10]

Walter, I'm with Brownsfan, every chance I get I recommend new members to your posts. I agree, I don't know where you get the energy, but I sure appreciate it!

[walterw 10]

Walter, I'm with Brownsfan, every chance I get I recommend new members to your posts. I agree, I don't know where you get the energy, but I sure appreciate it!

 

 

Thanks Reaver ¡¡ I do have an explanation for this energy, but would be to much off topic, maybe some day I can share some thoughts on the rants forum... where ALL topics can be dwelt.. cheers Walter.

[Reaver 10]

Sounds good Chimp. Have a good one.

[Armand 10]

Hi Walter...Just checking to see if I understand. Here is a setup from today.

 

 

Armand

[walterw 10]

Hi Walter...Just checking to see if I understand. Here is a setup from today.

 

 

Armand

 

Armand your picture is miniature... follow this guide on how to attach charts http://www.traderslaboratory.com/forums/f30/how-to-post-a-chart-properly-805.html please do this so I can see it .... thanks Walter.

[Armand 10]

Here is the image...thanks for the instructions

 

[walterw 10]

Here is the image...thanks for the instructions

 

 

 

Excellent Armand ¡¡ you got it ¡¡ thats a perfect "5 min laddering" trade ...

 

can you make 20 buck per week contratct on that ? :thumbs up::thumbs up: cant get any easier.... cheers Walter.

[walterw 10]

Let me start here doing some comentaries about Negative Laddering...

 

Some definitions on this graph :

 

 

So you can see we have trendwise and countertrend ladderings... so far we presented the trendwise ladderings...

 

Now, the countertrend ladderings are more interesting after a big move (exhaustion)... it doesnt mean it has to work... but it can give you more confidence...

 

Let me show an example here...

 

 

in this case we had a nice decent move to the upside... market gets exhausted on a pause HE and then he starts a Negative Laddering... inside that laddering we have a nice Icon to trade...

 

Here we see the timing of the trade :

 

 

Thats how a Negative laddering can be traded... its offcourse more agresive than the trendwise ones.... cheers Walter.

[Armand 10]

Negative laddering...I like it. This should double the number of opportunities for entry

Now I'm still not sure I understand the "20 bucks per week/contract"

What are your thoughts on that...? Thanks...Armand

[walterw 10]

Negative laddering...I like it. This should double the number of opportunities for entry

Now I'm still not sure I understand the "20 bucks per week/contract"

What are your thoughts on that...? Thanks...Armand

 

 

Thats my weekly target... I talk about that on the first post of this thread http://www.traderslaboratory.com/forums/f24/walter-s-forex-trend-trades-2364.html cheers Walter.

[walterw 10]

Here is a sweet negative laddering trade just followed...

 

 

the interesting thing was that timing actually hapened as black was about to also cross above the magenta line (5 min) for an uptrend basic definition... cheers Walter.

[walterw 10]

And this is a video on Negative Laddering... cheers Walter.

Negative Laddering.swf

[walterw 10]

Thanks Walter. I like this 5 min laddering method. Just to clarify...you are using the fantailvma1 on the 5 min and the fantailvma3 on the 1 min? I am still trying to determine the best times to watch the AUDUSD market. I know the US market time is good 9:30am EST - 4:30pm...Are there other good times for this? Thanks...Armand

 

Yes Armand... thats my indicators settings at this point...

 

About times of day, London open until US close is the most liquid time, anyway this method works just about any time of the day... would not recomend taking trades late friday... cheers Walter.

 

 

About interesting times to trade the AUD/USD, the opening of Australian sesssion offers interesting moves as well.... having a directional bias with vma makes it a nice possible clean trade... we will see how the future vma4 could have some roll on this type of trading.... cheers Walter.

 

[Armand 10]

I'm wondering about the possibility of programming alerts in MT4. It seems like it would come in handy whenever the black line (5 min) or the yellow line (1 min) pops up out of the rainbow. Does this seem possible? Armand

[PYenner 10]

I'm wondering about the possibility of programming alerts in MT4. It seems like it would come in handy whenever the black line (5 min) or the yellow line (1 min) pops up out of the rainbow. Does this seem possible? Armand

Should be possible, more a question of how, a practical way.

Good idea Armand.

[walterw 10]

After a decent long move some negative laddering...

 

[walterw 10]

So... if I told you I am fulling arround with some inputs on the vma that could give some even "cleaner" laddering effects.... what would you tell me ?...

 

could this actually have any real good impact on laddering trades ?...

 

let me share this chart

 

 

thats a 5 min chart with fantailvma1 template... plus

 

you can notice a cyan and white lines... the white one is a vma1 inputs 1-16-32-0-1 and the cyan is a sma 5 of vma1... mmm it calls my atention the realation between this two lines and how clean direction they give... it is the preamble of my scalping research with vma`s.... cheers Walter.

[bonechair 10]

Thanks for interesting thread. I looked on your other threads for a metatrader template or indicator and can't find it. Is there a link somewhere please?

[Blu-Ray 10]

Thanks for interesting thread. I looked on your other threads for a metatrader template or indicator and can't find it. Is there a link somewhere please?

 

BoneChair

 

Walter's away for a while, so I'll answer it on his behalf, it was probably posted on the " Playing with the VMAR`s open research" thread, but I'm not 100%.

 

But to save you the time, here's the template for you to download.

 

Cheers

 

Blu-Ray

5 min waco scalpers.tpl

[Lawrencejude 10]

hi

 

First of all Thanks Walter for such a detailed explanation. I have seen many indicators but not this well explained.. that's really heard work and thanks I am slowly getting used to this magical tool

 

I had a Question to you guys..

 

does this work the same with 5 decimal broker, because i see some difference with 5 decimal broker.

 

If some one has come across this same.. please let me know what was the solution.

 

and also is there a updated version of the same (FantailVMA)

 

One of the best i have ever seen.

 

Thanks Walter once again.

 

Guys please help

[johnnydaymon 11]

Finding the ladders !,Fantail at work

Edited March 18, 2016 by johnnydaymon

[fxeconomist 11]

[ATTACH]40667[/ATTACH]Finding the ladders !,Fantail at work

 

Is there any "ready" MT4 EA to test it on demo or live account? Couldn't find it in the thread..:crap: