Applying Technical Analysis


posted by jutkarsh on Tue Nov 26, 2013 01:16 am

#81

Hello Mayur bhai,

Hope you are doing good.

Can you please explain how to interpret that chart with regards to that indicator?

Many thanks :) 

posted by mayurs on Tue Nov 26, 2013 04:27 am

#82
Jutkarsh, I had explained in complete details in the webinar on Sunday. Also the chart for Bank Nifty is showing the change in the trend on the 15 mins. chart. Mext we have to look for an ICON Trade or a LADDERING trade. In the afternoon, we saw this which was marked on the chart. Next we go to the lower time frame and look for trigger. This was shown on the 5mins. chart. Hope you have got some clues. You could have learned much more had you attended the seminar. Mayur

posted by bprakash on Tue Nov 26, 2013 09:16 am

#83

Jutkarsh:: here is the link to the video by walter himself for this VMA.

http://www.traderslaboratory.com/forums/forex-trading-laboratory/2364-walter-s-forex-trend-trades-3.html 

posted by jutkarsh on Tue Nov 26, 2013 11:52 am

#84

@Mayur bhai: thank you Mayur bhai. I'm from allahabad, UP. Currently, studying in Cardiff, UK. I hope to attend one of your seminar in near future.

Also, got no clue what you are explaining. ICON Trade? Laddering trade?

what are those?

posted by jutkarsh on Tue Nov 26, 2013 11:52 am

#85

@bprakash ji: many thanks for the link :)

posted by bprakash on Tue Nov 26, 2013 03:31 pm

#86

Jutkash Bhai,

See ladders on nf 5 mins,

http://www.mql5.com/en/charts/1090610/nse-nifty-m5-gci-financial-ltd?bind=1 

posted by balag on Tue Nov 26, 2013 06:14 pm

#87

Bprakash Bhai ,  MT4 indicator  link  for above chart , with parameter details.

posted by bprakash on Tue Nov 26, 2013 08:06 pm

#88

I forgot how to upload document here, i will post complete pdf file of walter and MT4 indicator and template.

posted by mayurs on Tue Nov 26, 2013 10:28 pm

#89


bprakash,

yes on the 5 mins. chart, we did see a small ladder and if you are using 5 mins. chart for looking for ladders or icon, than you will have to go to the 1 mins. chart for trigger. the trigger on the 1 mins. chart came at 3:00 pm exactly.

nice to see that you have picked up trade patterns with the vma.

mayur

posted by bprakash on Wed Nov 27, 2013 06:33 am

#90

Yes Sir,Thanks

posted by jutkarsh on Wed Nov 27, 2013 12:31 pm

#91

@bprakash ji thanks for that thread and chart very informative.

@mayur bhai and @bpraksh ji: wat timeframe to use for VMA? can it be used for positional trades? EOD charts?

posted by mayurs on Wed Nov 27, 2013 06:07 pm

#92


jutkarsh,

i use vma on 15 mins. time frame to look for ladders and icons and take the trigger on the 5 mins. chart. tried this indicator on higher time frame and found that it lags. we need to tweek the parameters for adx and vma and than try to use it.

i have not done this. would like you to look at this and post here if you find some interesting results,

mayur

posted by bprakash on Wed Nov 27, 2013 10:12 pm

#93

Mr.Jutkarsh,

Kindly go through the complete thread on the link given, that will be helpful.

Rgds

posted by mayurs on Thu Nov 28, 2013 11:10 am

#94

vma works very well with trending stocks. voltas is in a strong trend in the past few days and we can a number of ladders. also use woodies cci to add to the positions as i had explained....

mayur

posted by mayurs on Thu Nov 28, 2013 11:14 am

#95


posted by saamuu on Thu Nov 28, 2013 11:21 am

#96

posted by psvohra on Thu Nov 28, 2013 07:44 pm

#97

Mayur ji ,

if possible please share the  AFL for MT4 looks interesting

Thanks

posted by psvohra on Thu Nov 28, 2013 07:57 pm

#98

Mayur ji, bcos what i get is just a yellow  single line

pls advise

regards

posted by mayurs on Thu Nov 28, 2013 09:34 pm

#99

Psvohra,

I do not use MT4, but if you search Walters site, you can get the indicator. Kindly google for Walter VMA indicator and you should get something.

Try this link and see if you get it.

http://www.traderslaboratory.com/forums/forex-trading-laboratory/2558-walter-s-forex-vma-trend-scalps-15.html

Mayur

 

posted by mayurs on Thu Nov 28, 2013 09:39 pm

#100

Just typing VMA for MT4 I got this site:

http://www.forex-tsd.com/metatrader-4/9423-fantail-vma-mt4.html 

Download the indicator and check. Also if you google you will get much more. Remember, this indicator is extensively used by Forex trades. I found it interesting and have adapted it for stocks.

Mayur



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