Spectrometer indy seems good for trading

If you were to turn on theorized Spectrometer EA just before market opens, tada, a bite right away and an appropriate close, all at far right end of chart.
Note how green is below grey in Damiani indy window during consolidation periods.
Spectrometer setting is now for 150 bars, Mom is 15. MA is 26, and Damiani had its atr's doubled.
Clemmo & Armando were sent new templates and updated instructions for these settings.
I want to slowly send indy package to folks in past who wrote me, no charge. SLOWLY I try to catch up. Sorry I had brief moment of thinking some other route. Later I see about new folks wanting. I would need the demo or live acct# to have the ex4 set to allow you a few months usage on that acct. If you liked it there's no reason I wouldn't extend it later. Main purpose is to get the proceedure validated for future EA design.
Main reason to have security is to not let this get freely flooded on the mt4 front arena, otherwise on a one-on-one basis, since we're here on FF, no commercialization of indy package.

If interested per above for indy package send me an email: batchj2011 at gmail dot com.
Include your demo or live acct# and the main ex4 in the package will operate 3 months.

A good 68pip grabber this morn 5:30am my PacTime.
First pic, it opens due to red ampvel1 just moved above 0 and confirmations of other indies already in place.
2nd & 3rd pic, closing hypothetical trade due to Damiani green line approaching fast to grey line, note between the 2 pics the time stamp is same, 18:25 (subtract 10 for my time, so trade lasted a few hours) proving I'm pointing at bar with correct close value (see open & close values of the bars for that approx 68 pips).......if optimizing finds its a bit better to actually meet or cross grey so be it, that be job for future EA optimizing.

After viewing zoomed-out I like zooming-in for 5minTF per horizontal chart division, the cursor is easier to get exact points on the indy lines and get the exact bar we're talking about for open or close.

There does seem to be earlier than 5:30 a few breakeven or teeny trades going on as Damiani had left things "open" for such, however one or two could be squashed from happening depending on optimization runs of ma26 minimum slant required.

Hope you like. Comments? Questions?

Jerry

How did you know future price direction would be bearish? In other words, what was your signal to go short? The angle of MOM(15)? Also the Moving Averages?

This chart shows standard amp view using latest template for the period of your trade.
Fig.1
Aqua line is your entry, and magenta line is your (approximate?) exit.

What I notice is that, at the beginning, yes, spec lines are very flat and low to the ground (wriggling I think you said?) so this is a short signal. However as the trade progresses, red picks up and ends up making a cycle peak later. See fig. 2. Cycle peak marked by gold line.
Fig. 2
The price is not impressed by this red line movement however, and continues to follow the MA path.

This trade could have taken place without standard amp indicator's assistance. Maybe ampvel is the real magic here?
Fig.3 switching to velocity amplitude template
Except that later on we see another red line amp velocity move across 0, with no corresponding price movement (yet). Is this entry signal invalidated by the Damiani grey over green?

What I am suggesting, but I have no proof, and I am far from certain, is that maybe you have created a reliable trading system, without the need for any spectral tools. If we remove them this template will have the benefit of loading in 1 second, instead of 30. And maybe your future EA will perform just as well. Of course, this needs to be shown. Please forgive me if I missed something and I hope you will point out my errors.

All 4 Clemmo, Mom15 < 100, Damiani green above grey, and both ma's slanted south, in this case the trigger was red ampvel1 crossed 0 showing "amp" was "turning the corner". so start looking for confirmations, but they were already available so a "go" in Mom & ma slant directions.

Wriggling low yes for switching to orange as engaging lookout, but on ampvel1 wriggling-low looks like first having crossed 0, then 1, 2 or 3 bars later having crossed back to prior side.

Regarding not impressed, yeah, I believe not many methods will catch all of the best moves, it's a balancing game between squashing consolidation versus catching some moves, can't have better I believe, except maybe $60,000 3yr lease TSL, Lol!.
I wondered too if w/o spectrums is ok, , but when I took a look I could see where the cue of ampvel1 crossing and continuing showing an impetus in the fx movement I felt more comfortable.

It's just the the indication of a turning point in the amp via when crossing 0 in ampvel1.
It feels like its the initial cue to an ongoing impetus, look where all the red crossings and subsequently remaining that side of 0 are relative to where the fx moves are and you'll see.
Yes, follow per instructions please.
Earlier than that bigger move was green above greys so limiting factor there is ma26 not slanting much.

The loading time is the price to pay for real time non-repainting ongoing impetus indications.
However, my possible plan for EA is it will only take two fully formed initial bars (5min apart) as comparative memory (i.e., no buffer loading of spect) as to crossing 0 or not for the EA to start operating, then the only time it takes two hours to write 2 months of spectrometry 5minTF past on chart (and into tsv) is in video replay coz when both chart & tsv are loaded then the remaining optimizing operation will be fast as only things left are parameters of the other indies and parameters around the tsv.

Tomorrow is another good one, CPI at my PacTime 05:30.
I feel like NFPs are the ones to wait til settled down, maybe one other one that I forget the name of also?

Here is another trade, one that I missed as I was snoozing, but I will describe it and you will tell me if I am an apt pupil, Batch.
Fig. 4 ampvel1 view
I note first that Damiani green moves over grey. (gold dashed line) Something is happening with volatility. Hopefully my Damiani alerts are turned on and it squawks at me (that's how this indicator works, yes? I haven't used it much but I think I will start) so now I am paying attention.

Soon I notice another signal, MOM(15) is turning up sharply, the fast MA is also beginning to turn up. (dark orange dashed line)

Then I see ampvel1 red line move from beneath 0 to cross above 0 (red dashed line). Damiani is now extremely adamant that something is happening.

Quickly I switch to standard amp view.
Fig. 5 standard amp

Hmm, well, there is not much happening with our spec lines, but everything else is lining up so maybe I'll take a chance. Suppose I let Damiani and MOM, along with the MA lines be my guide, and I enter at blue dashed line (Damiani = active; MOMslope = up; MA7 crosses over MA26). When Damiani grey line resumes its dominance I exit at the magenta line, hopefully at the bar close, not the open. That is a good trade. I will take my pips and be grateful.

What I note is that the spec does awaken from its slumber during the trade, but slowly, like my children on the morning before a school day. It is a laggard, and I would not put it in charge of my trading decisions. Damiani on the other hand, is a hero, quick to notice an opportunity, and MOM angle and MA7 angle are my scouts, nimble to changes in price direction.

It is still early days but so far I am allowing Damiani, MOM and the MA twins into my confidence. ampvel and standard amp have yet to prove themselves to me.

This morn's CPI was a bouncy one, high impact warned by email from my fxchoice.......the red ampvel1 crossing prior to this 0530 bouncy time had ma7 in wrong slant versus Mom15, so it stayed out.
Cursor at a wriggle-cross back-over so orange was set saying "ok, look!", however, not much of any slant of ma26, so no trade, otherwise if taken by just ma7 slant it be a 18pip loser.
So are NFP & CPI on the list of econ-news to avoid.?Spreads and low liquidity also bad during such, as part of fxchoice warning. Or can one thing like this ma26 say no? Good question, continued examinations and EA in future may tell.

Seems like you aptly coming along Clemmo, hurray!

However, since I am ALSO only on a learning curve of this combo you've actually not joined a classroom but a joint research group, currently you're grandfathered into initially just us two, continue helping and at no cost you'll have the EA, hopefully next year when its finished, and hopefully baring any ultimate "no-go" on what this is.

Concerning spect indy & kids at bus stop, interesting! At bus stop in front of my mobilehime park I live in the kids are told to hold back of line til bus finished turning around in dirt parking area, I liken it to that, hold back til safely kids can begin walking to bus successfully stopped and ready.
Remember, its indication of IMPETUS, not a predictor! So in same way Spectrometr indy may say when its safe that frequency is changing or say its there but will it be confirmed as a sun popping thru the clouds.
And also good point about its "miracle" is it only gives one crossing 0 chance to set it to looking, if confirmations get tiny or good grabbag of pips then that's it for that crossing set, no more look. In such manner its weeding-out the to 'n fros of the other indicators indications of maybe a trade.
Also, no real need to keep going back to spect amp, that was just to show you how amp & ampvel1 relate, you can see already how ampvel1 staying on one side as "impetus" keeps amp moving however smoothly or jaggedly.
ampvel1 is the ticket.

Just saying what it's all seeming to me thus far. Is it always perfect? Course not, but like prior post, combinations of indications doing good trend gains versus squashing tiny losers in consolidated or maybe even like in above post's CPI.

Thanks for hanging in there Clemmo, hope for both of us fruitfulness.

Jerry

Woke early this morn, took this look at 4:40amPacTime, an 18 pip slow grabber, delineated on open & close by Damiani.

Wanted to see if period out to some wider period, say 240 for now, would entertain question about just how much is these spectrum helping and whether by themselves they could show us something. Set on amp.
Hmmmm, orange going down and red going up, a crossing and the 3 colors not red are low liers compared to it, hmmmmm.
The thing took maybe half hour or more (wasn't timing it) though to finish calculating and finish loading buffers. Once its full & up I don't know how much longer it can be watched however as buffers already stuffed to the gils........but Chart Recorder EA plan is a tsv-to-indy-window indicator to avoid such problem. Further study might require said future indicator.

3hrs-40min before Friday closing these 3 quick down going bars on a 2.5pip vertical scale fooled this method to open hypothetical trade at the bar pointed at, so when the upclimb to the right occured resulting in ma7 flattening out it resulted in a 9 pip loser (didn't I say before that perhaps stay away from Fridays?).
Still haven't seen anything doing 10 pips yet! Lol. Either its been tiny losers, breakevens, or good pip grabbers so far. Still, it be good idea if safety hard SL is included in the prophesized EA.

Woke early, this down move caught 8 pips and backup caught a few, so enough to cancel the prior day's unusual whip-around of -9 pips, finally saw something that day that fooled this strategy.

2nd pic here, a hypothetical trade starting at cursor pointing.
Then I'm back for more ZZzzz.

This kind of move I've now seen a number of times, me believes it's the big institutions pulling a computer-figured optimized trick that "pulls a fast one" on ordinary traders & EAs out there, a few down big sells, then gradually buy back in, here it be possibly a 12-14 pip loser, but the vertical is only 3.5pip per scale division, so the slant of ma26 I feel could very well keep us out of such nonsense when running future EA thru optimizing......or it could be green above grey Damiani is also optimization wise insufficient.

11am my PacTime, 60 pip easy grab starting after initial red crossing, which initiated an open, Mom closed it.

I like the new look. What's the story behind it? Sorry if you already told me I haven't had a chance to read email yet.

nothing new, maybe just your eyes aesthetically likes the combination of the down going bars and the sumultaneous spect moves? Lol.

Also mentioned earlier about zooming-in to bar per vetical time line, so that could be contributing to why things look different?

Re-iterating, after having gotten wider view. zooming-in to bar per vertical assists in getting the close values for opening & closing trades,........in particular, note how cursor on an indy tiny bit to the right of vertical line is the closing bar time in question (like Mom value or green already having crossed or ma7 slant now insufficient) that matches directly vertically to above chart's bar time and its close values.