Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

walterw

The Chimp`s "Forex Trades"

Recommended Posts

Now, let me introduce to you my 1 min chart... it has only two lines, no oscillators here... it cant get any simpler...

 

 

attachment.php?attachmentid=3566&stc=1&d=1193269189

 

Simplicity and Optimization at its MAX ¡¡

 

you have here the power of clean simple vma`s... very little whipsaws between them... they lead quite well thanks to the decompression of data... giving you very good specific spots to time your trades... they also have the blessing of keeping you inside a trade if you wish...

 

So many advantages... interesting... a good evolution process has to lead into real simple final products... looks like a kindergarten chart... thought he belongs to the future millonaire generation that grasps its power ¡¡

 

cheers The Chimp.

5aa70e14eac16_1minchart.thumb.png.46b0d4b0b9d94e316884b279bfdfae46.png

Share this post


Link to post
Share on other sites

So let me give an example of how we can do our "Setuping" on 5 min and our "Timing" on 1 min...

 

attachment.php?attachmentid=3569&stc=1&d=1193270715

 

 

 

On this simple example that just happened, you can notice how a centrifugal action took place as we had a NET Up Trend and we got an Icon setup to trade there... on the 1 min chart our two vma lines gave us a clean entry...

 

Simple as that... I dont say this is perfect, but it really works very clean ¡¡

 

Cheers The Chimp.

5aa70e1502476_timingatrade.thumb.png.c25326fd75603cb413d41d985fb9a2f3.png

Share this post


Link to post
Share on other sites
This video shows how we now integrate the setuping on 5 min and the timing on 1 min... cheers The Chimp.

 

Walter, great video! Its becoming clearer and clearer. Please keep these videos coming. The oscillator is still a little fuzzy for me too. Any additional comments you can make about the oscillator in the videos will be helpful.

Many thanks to you and PYenner for all your hard work and willingness to share...Armand

Share this post


Link to post
Share on other sites

Armand

The oscillator is quite wild and tends to get me in trouble when the blue line is flat, the thing that moves the most seems to get my attention.

For my own sanity I now tend to wait for the blue line to trend before I get excited.

I think the short fast movements during consolidation get ahead of 5min indicators and they become contradictory. Concepts like overbought or lazy are some use with the oscillator but it helps if there is trend which tends to give longer (time) cycles which suit 5min indicators better, then they are more in step with the action.

Unfortunately we seem to have had a lot of flat blue line recently which has not helped at all.

Regards Bruce.

Share this post


Link to post
Share on other sites
Blu-Ray,

Where are you? The party is not over yet. There are still beer and coffee on the table. :beer:

We need your help to convert the following indicators in this thread to ELD code. Thank you.

 

 

Attached Files

File Type: mq4 ADXVMA6_12bar.mq4 (6.4 KB, 13 views)

File Type: mq4 ADXVMA6_16bar.mq4 (6.4 KB, 13 views)

File Type: mq4 Chimp2_1.mq4 (4.3 KB, 13 views)

File Type: mq4 TLOMI NonLagMA_v4.mq4 (4.6 KB, 13 views)

File Type: tpl chimp 5 min chart.

 

tpl (2.2 KB, 12 views)

 

Thanks Michal

 

I'm currently trying to code them but :crap:

 

I've eventually got the 2 ADXVMA's coded up, as of most of yesterday, I was :crap: because it wasn't working. I copied the code exactly from the MT4 downloads but still no joy. Then after more :crap: I eventually realised that ,although they're called 12bar and 16bar they're actually preset at 4 and 40, aaaah, eventually after hours wasted, it was something so simple that I should have checked but thats life.:doh:

 

Anyway so far, I'm on with the TLOMI indicator, but having no joy yet as it's plotting incorrectly, I'm on the case though and will post them all once done.

 

Cheers

 

Blu-Ray

Share this post


Link to post
Share on other sites
This video shows how we now integrate the setuping on 5 min and the timing on 1 min... cheers The Chimp.

 

Walter;

is this method going to replace the vma rainbow?

or is it a complementary method?

 

regards;

Unicorn

Share this post


Link to post
Share on other sites
Hehehe

And "4 bar" is preset to 3.

Its a diabolical plot to send BluRay bananas.

Welcome to the club, ouch ouch..:crap:

 

 

hehehehe, thanks very much, your plot's working a treat :bang head:

Share this post


Link to post
Share on other sites
Walter;

is this method going to replace the vma rainbow?

or is it a complementary method?

 

regards;

Unicorn

 

good question Unicorn... actually I am on a research stage on forex...

 

one of my ideas is to have a series of diferent "setuping" alternatives on the 5 min charts and use the same universal "timing" method on 1 min...

 

so far on 5 min "vmar Icons" and "chimp trend trades" are very nice setuping alternatives... I even have aspirations to add Jerry`s statistical methods to the 5 min menu...

 

What I find as a true evolution on this research is the universal timing method on 1 min wich is a terrific simplification and optimization of the hard timing issues...

 

So whatever 5 min method you use, the 1 min timing would be the same...

 

so answering your question, "vmar icons" on 5 min is one of my predilect setups on my arsenal as well.. maybe I should keep posting on that thread the latest examples with our new 1 min univerasal timing... cheers Walter.

Share this post


Link to post
Share on other sites
The oscillator is still a little fuzzy for me too. Any additional comments you can make about the oscillator in the videos will be helpful.

Many thanks to you and PYenner for all your hard work and willingness to share...Armand

 

 

Armand... the oscillator has a very periferical function on the entire equation... I will do a video just about that sometime today... cheers Walter.

Share this post


Link to post
Share on other sites
Thanks Michal

 

 

 

Anyway so far, I'm on with the TLOMI indicator, but having no joy yet as it's plotting incorrectly, I'm on the case though and will post them all once done.

 

Cheers

 

Blu-Ray

 

 

Blu : you can use Linear Regression Curve 9 on TS and you will get the same line as tlomi... cheers Walter.

Share this post


Link to post
Share on other sites

 

so answering your question, "vmar icons" on 5 min is one of my predilect setups on my arsenal as well.. maybe I should keep posting on that thread the latest examples with our new 1 min universal timing... cheers Walter.

 

Thanks Walter;

may I ask a favour;

would you post a couple of setups and entries on gbpusd and/or eurusd, (on the other thread), to compare the behaviour of the vmar setups?

 

cheers,

Unicorn

Share this post


Link to post
Share on other sites
Excellent videos Walter. You are a very good mentor.

Will you please explain the concept of your oscillator?

Which quantities it involves and the physical meaning of its construction?

 

Thank you.

Unicorn.

 

I will do new video about oscillator... about the physical meaning, Pyenner knows more how he was really built, what I know is that he is an hybrid between cci and other momentum and volume oscillators... cheers Walter.

Share this post


Link to post
Share on other sites
Thanks Walter;

may I ask a favour;

would you post a couple of setups and entries on gbpusd and/or eurusd, (on the other thread), to compare the behaviour of the vmar setups?

 

cheers,

Unicorn

 

I will try to update that thread as well... cheers Walter.

Share this post


Link to post
Share on other sites
Armand

The oscillator is quite wild and tends to get me in trouble when the blue line is flat, the thing that moves the most seems to get my attention.

For my own sanity I now tend to wait for the blue line to trend before I get excited.

I think the short fast movements during consolidation get ahead of 5min indicators and they become contradictory. Concepts like overbought or lazy are some use with the oscillator but it helps if there is trend which tends to give longer (time) cycles which suit 5min indicators better, then they are more in step with the action.

Unfortunately we seem to have had a lot of flat blue line recently which has not helped at all.

Regards Bruce.

 

Thanks PYenner...very helpful!

Share this post


Link to post
Share on other sites
Blu : you can use Linear Regression Curve 9 on TS and you will get the same line as tlomi... cheers Walter.

 

hehehe, after spending all day trying to get it coded, I finally managed to get it nearly right, but not correct, then you mentioned this and within 5 seconds it looks an exact match :haha:

 

Thanks Walter, it's saved me a hell of alot of :bang head: as I was trying to get my original to plot correctly.

 

Cheers

 

Blu-Ray

Share this post


Link to post
Share on other sites
hehehe, after spending all day trying to get it coded, I finally managed to get it nearly right, but not correct, then you mentioned this and within 5 seconds it looks an exact match :haha:

 

Thanks Walter, it's saved me a hell of alot of :bang head: as I was trying to get my original to plot correctly.

 

Cheers

 

Blu-Ray

 

 

Good Blu-Ray... thanks for your great inputs on TS.. cheers Walter.

Share this post


Link to post
Share on other sites

Here is a video trying to explain what to read on this oscillator...

 

Basicly he should be a visual aid to make more easy the understanding of wich wave we are riding on the moment and what to expect next for an inflection.... he is NOT used for timing, as the timing is done on the 1 min chart with our super vma`s... he only help us like a compass to tell us on wich wave swing we are riding, be it up or down... hope this brings more light on the issue.. cheers Walter.

More about the Oscillator.swf

Share this post


Link to post
Share on other sites
Armand

The oscillator is quite wild and tends to get me in trouble when the blue line is flat, the thing that moves the most seems to get my attention.

For my own sanity I now tend to wait for the blue line to trend before I get excited.

I think the short fast movements during consolidation get ahead of 5min indicators and they become contradictory. Concepts like overbought or lazy are some use with the oscillator but it helps if there is trend which tends to give longer (time) cycles which suit 5min indicators better, then they are more in step with the action.

Unfortunately we seem to have had a lot of flat blue line recently which has not helped at all.

Regards Bruce.

 

Bruce;

Will you please explain the concept of the oscillator?

Which quantities it involves and the physical meaning of its construction?

 

Thank you.

Unicorn.

Share this post


Link to post
Share on other sites
Bruce;

Will you please explain the concept of the oscillator?

Which quantities it involves and the physical meaning of its construction?

 

Thank you.

Unicorn.

 

Why the thumbs down icon on your post ??

Share this post


Link to post
Share on other sites

Hi Walter,

 

Nice clean charts Walter...a beauty to watch. I had been leaning a little heavy on the oscillator while I am getting used to your set ups. Thanks for clearing that up. I'll need lots more screen time.

 

The oscillator seemed to be working so well yesterday and this morning I was using it's turning points on the 5 min and looking for entries on the 1 min. Probably a bad idea.

 

Thanks

eur2.thumb.gif.929e2c5acfd0dbc13e5a62e99108bba4.gif

Share this post


Link to post
Share on other sites
Hi Walter,

 

Nice clean charts Walter...a beauty to watch. I had been leaning a little heavy on the oscillator while I am getting used to your set ups. Thanks for clearing that up. I'll need lots more screen time.

 

The oscillator seemed to be working so well yesterday and this morning I was using it's turning points on the 5 min and looking for entries on the 1 min. Probably a bad idea.

 

Thanks

 

 

Gorgeous charts there Sun ¡¡ well sometimes its tempting to use the oscillator for timing... but vma`s on 1 min will normally do a better job... the oscillator its just an easier wave reader sort to speak...

 

How many pips you could had cashed there ¡¡¡ wow man... love to see others charts ¡¡ keep them coming... videos also welcomed with your experiences and also questions as well ¡¡ cheers Walter.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Date: 25th November 2024. New Secretary Cheers Markets; Trump Trade Eased. Asia & European Sessions:   Equities and Treasuries rise, as markets view Donald Trump’s choice of Scott Bessent for Treasury Secretary as a stabilizing decision for the US economy and markets. Bessent: Head of macro hedge fund Key Square Group, supports Trump’s tax and tariff policies but gradually. He is expected to focus on economic and market stability rather than political gains. His nomination alleviates concerns over protectionist policies that could escalate inflation, trade tensions, and market volatility. Asian stocks rose, driven by gains in Japan, South Korea, and Australia. Chinese equities fail to follow regional trends, presenting investors’ continued disappointment by the lack of strong fiscal measures to boost the economy. The PBOC keeps policy loan rates unchanged after the September cut. US futures also see slight increases. 10-year Treasury yields fall by 5 basis points to 4.35%. Nvidia dropped 3.2%, affected by its high valuation and influence on broader market trends. Intuit fell 5.7% after a disappointing earnings forecast. Meta Platforms declined 0.7% following the Supreme Court’s decision to allow a class action lawsuit over the Cambridge Analytica scandal. Key events this week: Japan’s CPI, as the BOJ signals a possible policy change at December’s meeting. RBNZ expected to cut its key rate on Wednesday. CPI & GDP from Europe will be released. Traders will focus on the Fed’s November meeting minutes, along with consumer confidence and personal consumption expenditure data, to assess potential rate cuts next year. Financial Markets Performance: The US Dollar declines as US Treasuries climb. Bitcoin recovers from a weekend drop, hovering around 98,000, having more than doubled in value this year. Analysts suggest consolidation around the 100,000 level before any potential breakthrough. EURUSD recovers slightly to 1.0463 from 1.0320 lows. Oil prices drop after the largest weekly increase in nearly two months, with ongoing geopolitical risks in Ukraine and the Middle East. UKOIL fell below $75 a barrel, while USOILis at $70.35. Iran announced plans to boost its nuclear fuel-making capacity after being censured by the UN, increasing the potential for sanctions under Trump’s administration. Israel’s ambassador to the US indicated a potential cease-fire deal with Hezbollah, which could ease concerns about Middle Eastern oil production, a region supplying about a third of the world’s oil. Russia’s war in Ukraine escalated with longer-range missile use, raising concerns about potential disruptions to crude flows. Citigroup and JPMorgan predict that OPEC may delay a planned increase in production for the third time during their meeting this weekend. Gold falls to $2667.45 after its largest rise in 20 months last week.Swaps traders see a less-than-even chance the central bank will cut rates next month. Higher borrowing costs tend to weigh on gold, as it doesn’t pay interest. Always trade with strict risk management. Your capital is the single most important aspect of your trading business. Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar. Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE! Click HERE to READ more Market news. Andria Pichidi HFMarkets Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in FX and CFDs products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • SNAP stock, big day off support at https://stockconsultant.com/?SNAP
    • SBUX Starbucks stock, nice breakout, from Stocks to Watch at https://stockconsultant.com/?SBUX
    • INTC Intel stock settling at 24.25 double support area at https://stockconsultant.com/?INTC
    • CORZ Core Scientific stock, strong close, watch for a top of range breakout above 18.32 at https://stockconsultant.com/?CORZ
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.